The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set. The National Dept. and Reform Commission of China (NDRC) – a body responsible for overseeing the country’s economy – revealed in a document on Monday that it wants cryptocurrency mining stopped with immediate effect since the activity “seriously wastes resources.” Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/china-bans-bitcoin/
|
|
|
A veteran commodity trader since 1980 Peter Brandt, who predicted both Bitcoin’s $20,000 hike and 80%+ fall to below $4,000, reveals it would not shock him if the price of Bitcoin – the leading crypto by market cap (MC) – entered a fresh parabolic phase. He thinks that BTC is following the same trends as those of 2015, that could result into 100x surge. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/parabolic-trajectory-trade/
|
|
|
Gambling has always been a very profitable venture, provided you are the casino owner, not the gambler. Numerous problems found in traditional gambling businesses vary from causing addiction to trespassing the fine line delimiting grey area from crime. However, with the advent of the internet things have changed. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-online-gambling/
|
|
|
Banca Mediolanum, one of the largest financial institutions in Italy, has proclaimed that it has certified the non-financial viability (hash) of the Non-Financial Statement (DNF) on the Ethereum (ETH) Blockchain. The bank revealed that it will soon publish the hash on its official website in order to certify its content in an absolute and immutable manner. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mediolanum-uses-blockchain/
|
|
|
An Israel-based company focusing on technological innovation in the world of sports, officially declared the roll out of the first sports blockchain accelerator. The project will include an acceleration program that will take 14 weeks, and more than 10 startups from different parts of the world, will participate. This program is scheduled for July - September. So far, the accelerator has become the 12th major project being launched by the company which is called HYPE. It is also working hand in hand with experts from different sectors such as sports, academic, and others – examples include; Shakhtar Donetsk, George Washington University, University of Queensland and Loughborough, and Cologne. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-accelerator-juventus/
|
|
|
The U.S Securities and Exchange Commission (SEC) released a “Framework for ‘Investment Contract’ Analysis of Digital Assets” on Wednesday April 3 to enable all market entities to determine whether or not a crypto (digital asset) is considered an investment contract, and if so, a security. The work was produced by the two SEC Commissioners Valerie Szczepanik, a senior advisor for crypto assets & innovation, and Bill Hinman, director of SEC at division of corporation finance. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/framework-for-crypto-assets/
|
|
|
A trader on Bitcoin Live, Bob Loukas, released a new video on his YouTube channel on Tuesday April 2, explaining to his followers why he thinks a new 4-year trend for BTC, the leading cryptocurrency by market cap (MC), has started. Bob had released a video few months (mid-January) ago showing that we are approaching the end of the bearish trend in crypto. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/next-cycle-bitcoin/
|
|
|
The cryptocurrency derivative exchange BaseFEX has launched BNB, HT, OKB perpetual contracts with the support of up to 20x leverage. Over 2,500 users have already traded these new contracts in the first week alone, driving the total trading volume of the 3 altcoin contracts combined to over 1 billion USD. BaseFEX’s 24-hour trading volume has made a 60% growth from 240 million USD to about 390 million USD. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/volume-perpetual-contracts/
|
|
|
A recent voting exercise that took place in the town of Innisfil, Canada, resulted into the beginning of a pilot project which allows paying taxes for property using cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin and others, and this will work for around 12 months. The trading platform was the first in the country to launch zero percent (0%) financing, overhead and payout fees. According to Lynn Dollin, Mayor of Innisfil city, they had to come out with this decision because of the increasing growth, popularity and adoption of digital currencies and blockchain technology. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/canada-accepts-bitcoin/
|
|
|
The rate of illegal activities including money laundering through Bitcoin (BTC), is alarming in Italy and throughout Europe at large. Crypto startup Eidoo, founded by Italians, which allows users to store, convert and spend digital currencies, selected an apartment in 2017 in a building structure that was sequestered for ndrangheta in Chiasso, Switzerland, just 0.4 kilometers from the Italian border. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mafias-use-bitcoin/
|
|
|
|