BitMEX Shatters Industry Record with Daily Turnover of 1 Million Bitcoin

Global crypto trading platform hits major milestone for 24-hour bitcoin trading volume amid price surge   Seychelles — BitMEX, one of the world’s leading crypto-coin trading platforms, has broken the industry record for bitcoin trading volume, with more than 1 million bitcoin traded on the platform in 24 hours for the period closing July 24, 2018. The 1,041,748 bitcoin traded on BitMEX shattered its previous record of 800,000 bitcoin traded within 24 hours. The landmark moment for the cryptocurrency industry comes as the bitcoin price continues its upturn to more…

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eToro on #CryptoCongress: Laws Will Have Global Impact, Regs Need to Hear Global Perspectives

  Two U.S. Congressional Hearings on Cryptocurrencies commenced on 18 July, 2018. Firstly, the House Committee on Financial Services held a live congressional hearing which started on 18 July in Washington, D.C. entitled “The Future of Money: Digital Currency”, followed by the House Agriculture Committee.     The House Committee on Financial Services released a memo prior to the hearing stating “This hearing will examine the extent to which the United States government should consider cryptocurrencies as money and the potential domestic and global uses for cryptocurrencies. The Subcommittee will…

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Bitcoin and Cryptocurrency Price Predictions

Has the Bitcoin price bottomed out yet?  Panic is in the air as the Bitcoin price plunged sharply, a cryptocurrency bloodbath, after the news of the SEC delaying ETF approvals.  Dan Pantera, CEO of Pantera Capital, still hugely optimistic and betting on Bitcoin says “Don’t hold your breath” if you are waiting for a Bitcoin ETF.   Waiting for a #bitcoin ETF? Don’t hold your breath, says @dan_pantera, CEO of @PanteraCapital. pic.twitter.com/JUvZy2FWRw — CNBC’s Fast Money (@CNBCFastMoney) August 8, 2018   But… we know Bitcoin is volatile in the short…

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5 Day Crypto Cash Machine – How to make money with Crypto

  Here are 5 easy steps you can follow that will show you how to make money with crypto, starting today.   Anyone can do this and you can do this without spending a dime on buying crypto. You can do one of these steps every day, or if you are really hard working, do all 5 steps today!     Day 1 / Step 1  – Open a Wallet: The first step in building your crypto wealth building program is to open a wallet. When you open a wallet…

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Cryptocurrencies could become mainstream payment solution within next decade finds new report

  New research from Imperial College London and eToro argues cryptocurrencies are already fulfilling one of three main criteria of money   Cryptocurrencies like Bitcoin offer a viable evolutionary ‘next step’ for money and have the potential to become a mainstream form of payment within the next decade. This is the central finding of new academic research from Imperial and eToro.   In a research report published today – Cryptocurrencies: Overcoming Barriers to Trust and Adoption – Professor William Knottenbelt from Imperial College London and Dr. Zeynep Gurguc from Imperial…

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5 things to be aware of before investing in a new cryptocurrency

  As the blockchain and crypto space continues to grow and thrive, the industry has become increasingly mainstream and piqued the interest of many first-time investors. As the industry is still very much in its nascent stages, people getting involved with cryptocurrency investing often have little to no knowledge of the space and the challenges involved.   Although the industry holds so much potential and there are many exciting projects emerging on an almost daily basis, on the flipside, there is also a large number of projects that won’t succeed…

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Bitcoin and Crypto Bounties fight Poverty

It seems that Bitcoin and crypto bounties are doing more to alleviate poverty than most people believe.   What is a Crypto Bounty?   A crypto bounty is a small crypto payment to someone in exchange for a task and sometimes those tasks can be fairly simple such as sending out a tweet or more complex like writing an article, making a video or even doing some development work.   Recently it has come to light that people in impoverished conditions are having a major improvement in their lives by…

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Swiss Bourse to launch Crypto Exchange this year

The News that SIX, owner and operator of the Swiss stock exchange is launching its own fully-regulated cryptocurrency platform is very positive and indicative that cryptocurrency has its place in the new digital economy.       Even though the cryptocurrency market has shown much volatility in 2018, the market cap is significantly up from a year ago.  As SIX CEO Jos Dijsselhos said “It is abundantly clear that much of what is going on in the digital space is here to stay”   Off the back of this exciting…

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Crypto Lawyer: Binance hack reveals imminent system-wide Bitcoin failure

    Diego Garcia, British Indian Ocean Territory (BIOT): “White Hat” crypto lawyer Dr. Jonathan Levy predicts the recent Binance exchange disruption is a symptom of a larger imminent system-wide failure in the integrity of the Bitcoin blockchain.     According to Dr. Levy, the situation is critical because crypto exchanges have for years been routinely accepting deposits from professional crypto laundering outfits like Bitblender.io while providing no relief to the victims of crypto hacks, extortion, and ransomware. According to Dr. Levy: “The Bitcoin blockchain is being misused by cybercriminals…

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Industry experts weigh in on Facebook crypto ad ban reversal

    Facebook have announced that they will be reversing their crypto advertising ban, however, the ban has not been lifted for ICO’s, otherwise known as Initial Coin Offerings.     A number of blockchain and crypto industry’s most renowned experts have weighed in on this announcement and the initial Facebook blanket ban on crypto ads a “poor approach” to new ideas.    Iqbal Gandham, UK Managing Director at eToro, global investment platform said “We have always advocated for a more sophisticated approach to cryptocurrency advertising, as we believe legitimate providers shouldn’t…

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