Bitcoin Businesses Denied Banking Services in Ireland
Leading companies from the crypto sector in Ireland have complained they are being denied services by some of the country’s major financial institutions. Among the affected businesses are bitcoin exchange Bitcove, winner of the bank-sponsored “Best Business Startup” award, and Ireland’s “longest running” bitcoin broker, Eircoin. Also read: Swiss Crypto Company Acquires License to … Read more
Bitcoin Price Watch: Currency Still at $6,700
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin has not dropped any further. … Read more
Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi
Financial monitoring service Bloomberg Terminal will now be listing the Huobi 10 Cryptocurrency Index, as well as 9 crypto trading pairs Go to Source Powered by WPeMatico
Banks Continue Expressing Support for Blockchains
Long-term investment in blockchain technology is an opportunity for the banking industry to reduce costs and become more efficient. This is according to Sergio Ermotti, the CEO of UBS Bank. In an interview with CNBC, he stated that the bank would continue to invest in blockchain tech in order to stay competitive. UBS Bank has … Read more
US: Members of Congress Must Disclose Crypto Holdings Above $1,000
The Ethics Committee of the U.S. House of Representatives has issued a memo requiring all House Members to disclose crypto holdings worth over $1,000 Go to Source Powered by WPeMatico
Take a 360° Tour Inside HIVE Blockchain’s Massive Clean Mining Farm
Cryptocurrencies are already a sticky enough concept for most laymen and non-enthusiasts to get a grip of, and introducing yet another abstract term such as mining can cause even more confusion. Traditionally, mining has had a straightforward, unchanging definition—people working underground or in quarries to extract some kind of element. Crypto mining, on the other … Read more
Stellar Price: Small Decline is a Precursor to More Bearish Pressure
With all cryptocurrencies lowly heading in the red again, it is evident today will not end on a high note. The Stellar price is setting the tone in this regard, as it has lost a fair bit of value in quick succession. For the time being it remains unclear how long this negative trend will … Read more
Privacy-Focused Mainframe Donates 1,000 ETH to Press Foundation
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post that the decision to donate … Read more
South Korean Gov’t to Invest Over $200 Mln in Public, Private Blockchain Initiatives
South Korea’s Ministry of Science and ICT has launched a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022 Go to Source Powered by WPeMatico