Bitcoin and Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 23 November, 2018

  Crypto News & Analysis Is cryptomining still a viable business? Can individuals create enough revenue to produce a profit from cryptomining? What does the future hold for cryptomining operations?       The new way to make money crypto mining in Sweden is by not paying the electric bill. It sounds funny but this may be the policy of one crypto mining operation that was based in Sweden, NGDC. NGDC’s crypto mining operations in a northern county of Sweden compiled an electric bill equal to an amount of $1.55…

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Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 16 November 2018

Crypto News & Analysis Bitmain’s co-founder Jihan Wu has been removed from the director’s chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu’s new role within the company. The source describes Mr. Wu’s demotion as follows:   After changing to a supervisor, there are no voting rights, so (Mr. Wu’s) power is smaller…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9 November 2018

    Crypto News & Analysis November is here and many are asking when will federally regulated cryptocurrency exchanges appear within the US. One of the key reasons the Securities and Exchange Commission gave for their denial of Bitcoin based Electronically Traded Funds (ETFs) was the fact that the underlying security or asset was not listed on a federally regulated exchange. ICE, The Intercontinental Exchange that owns and operates the New York Stock Exchange, and NASDAQ, the world’s 2nd largest Exchange qualified by its market cap value of US $10…

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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…

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