Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9/14/2018

    Crypto News & Analysis It’s ironic how the Chinese government restricts its citizens from engaging with cryptocurrencies, and at the same time, Chinese companies like Bitmain dominate the industry. The Chinese government has blocked access to 124 foreign cryptocurrency exchanges that offer their services to Chinese citizens. VPNs have helped Chinese traders of Cryptos get around the government imposed restrictions.   The Cryptocurrency Exchanges have also found ways to circumvent the ban by relaunching themselves with new domain names that are registered in other countries outside of China.…

Read More

Kowala Launches Andromeda, the Alpha Mainnet of Its USD-Pegged Stablecoin

  Launch initiates the distribution of the algorithmically stable cryptocurrency’s first mining token, mUSD   Nashville, TN – September 4, 2018 – Kowala, a stablecoin protocol designed to track the value of fiat currencies by robotically minting and burning its coin supply in accordance to user demand, announced the launch of Andromeda, the alpha version of their blockchain mainnet. Following stress testing and debugging of Andromeda, Kowala anticipates the release of its beta mainnet version, Boötes, in Q3 of 2018. With the Boötes mainnet launch, kUSD stablecoin mining will be…

Read More

What is Tether?

  Tether is a cryptocurrency developed as a proxy for the US Dollar i.e. the value of Tether is designed to be one dollar and can thus be used as a digital dollar. Some of the popular cryptocurrency exchanges use Tether as a dollar replacement on their trading platforms.     According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses…

Read More

ICE Announces Ecosystem for Digital Assets, The Future is Bright says Investment Expert

  On Friday, 3 August 2018, Intercontinental Exchange (ICE) announced that it plans to form a new company, called Bakkt, which will leverage Microsoft cloud solutions to create an open and regulated global ecosystem for digital assets.     The new company is working with organizations such as Starbucks, Microsoft, and BCG to create an integrated platform for consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network.   Rohit Kulkarni, Manager Director of Private Investment Research at SharesPost is very encouraged by this…

Read More

EOT Wallet / Exchange Review

  EOT Wallet is an online EOT, BTC and altcoin wallet and also offers an exchange with a number of trading pairs.       Updates:  Latest listings   What is Bitcoin Private   What is BEZY   What is DigiByte   Features:   EOT Wallet EOT Wallet is an online EOT, Bitcoin and altcoin wallet within which you can deposit, withdraw, or hold your cryptocurrency. To open the wallet is free, deposits are also free and there is a small charge for withdrawals. Transfers from EOT Wallet user to EOT Wallet…

Read More

The Cryptolife of 7 Bitcoin Influencers

What if investing in the ideology of an anonymous person, known as Satoshi Nakamoto, could completely change your financial life completely and give you the freedom to enjoy your dream life?  It’s called the Cryptolife.  Here are seven “Bitcoin Influences” who saw the potential of Bitcoin, a Peer to Peer payment system.     Roger Ver – American-Kittitian early investor in Bitcoin-related startups and Bitcoin Cash promoter       John McAfee – British-American computer programmer and businessman, He founded the software company McAfee Associates.       Tyler and…

Read More

Cryptocurrency Exchanges demand up to $3 million to list ICO tokens

Cryptocurrency exchanges are sitting in the “pound seats” so to say as they are now charging huge listing fees to ICO’s. According to a report by Bitcoin.com and Autonomous,  to list an ICO on well-known cryptocurrency exchanges can cost anywhere between $1 – $3 million.  With these astronomical listing fees, ICO’s could be over funding their projects just to cover these costs.   Interestingly to note, the fee on the Nasdaq Capital Market for a listing of up to 15 million shares costs $55,000, substantially lower than the charges touted…

Read More

Two Bitcoin Exchanges shut down as Regulators tighten grip in Japan

A shakedown is happening in Japan as regulators tighten their grip on Cryptocurrency exchanges.     As per Japanese Law, all cryptocurrency exchange operators are required to register with the FSA – Financial Services Agency, and as reported by the Nikkei Asian Review, of the thirty-two exchanges in Japan, half have registered while the other sixteen continued to operate under review. Tokyo GateWay and Mr. Exchange are the two exchanges withdrawing their applications to register.   Just one year ago, on 1 April 2017, the Japanese government passed into law…

Read More

Bitcoin Exchanges Slash Fees

In the past week, Binance, Bitfinex, and Kraken have all reduced their fees amidst a backdrop of increased Segwit adoption and transaction batching by up to half.   The average price of sending bitcoin has been falling for weeks but before now these savings had yet to be passed on to exchange customers.   Bitcoin Withdrawals: Now with 50% Off   Bitcoin is pretty cheap to send right all of a sudden even cheaper than ethereum in some instances. Fee’s have fallen to around 10 satoshis per byte to send…

Read More

Glosfer Works With Gemmy Company to Provide A Copyright Platform Based on Blockchain

SEOUL, South Korea, 3 Jan 2018 /PRNewswire/ Glosfer will take an advantageous position in the global copyright market by enabling innovations in the industry. On the 14th, Glosfer, a blockchain company, said it had signed an MOU for research on a blockchain-based distribution platform of creations with Gemmy Company, which provides a platform to protect copyrights of music.     Glosfer has been conducting various businesses based on Glosfer including HYCON ICO and cryptocurrency exchanges. An official from Glosfer said, “With this contract, we will use blockchain technology in the domestic music industry…

Read More