The Five Most Anticipated Ongoing & Underway Cryptoasset Projects of 2019

These are the highly expected projects in the cryptocurrency industry for next year (2019)

Bakkt & BTC Futures

This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors using Bitcoins (BTC).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/five-most-anticipated-ongoing-underway-cryptoasset-projects/

AI, ML, IoT and DLT to See the Green Light in 2019, Blockchain Adoption Reaches 44%

2018 has seen growth in innovation in the fields of Artificial Intelligence (AI), the Internet of Things (IoT) Blockchain technology (DLT) and Machine Learning (ML). It is highly expected that AI, IoT and DLT will see mainstream evolution in the new year – 2019.

IoT applications and services have registered the greatest significant impact. IoT has enabled businesses collect and ascertain real-time data to help everything from battening the client experience to streamlining supply chain activities.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ai-ml-iot-and-dlt-to-see-green-light-in-2019/

A new patent application shows that Bank of America (BofA) plans to ameliorate cash handling with the help of a blockchain system.

The patent dubbed “banking systems controlled by data bearing records” was initially submitted on Mon Feb 13, 2017, to the U.S Patent & Trademark Office ( USPTO).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bank-of-america-wants-patent-for-new-dlt-atm/

Even though the cryptocurrency market is a highly volatile field, Turkish investors prefer Bitcoin over the national currency, the lira. In autumn, trading volumes in Turkey alone rose by 37%, proving that Bitcoin’s popularity was not affected by the bear crypto market trend.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/turkish-people-tend-to-store-funds-in-bitcoin/

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A Singaporean company is trying to find a permanent solution for locating data after a plane has crashed. This comes after flMH370 went missing. Flight MH370 carrying 239 people on board was reportedly coming from Kuala Lumpur to Beijing on Saturday March 8, 2014. There is no available data about what really occurred since the information was kept on the plane in a device called the black box.

Among the available solution to the missing data challenge is to transmit data to the ground in order to create a backup, though several pilots are not supporting this effort. A Singapore-based firm has discovered a significant solution which is supported by pilots and will also meet the interests of the aviation field.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-technology-to-be-used-in-aviation/

Bitcoin’s Catastrophe: What are the Consequences of Blind Crypto Investing?

Bitcoin has caught the attention of many business investors around the world. However, the number of inexperienced investors in digital currencies is even higher. With the recent crash of the crypto market, traders are facing awful consequences and harvesting huge losses, as Bitcoin lost nearly 80% of its all-time high value.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blind-crypto-investing/

Blockchain Movement: Italy Embraces Digital Innovation Amid Unfriendly Web Tax

Italy is largely looking into future investment, innovation and technological advancement in the cryptocurrency world. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap by the government are needed as quickly as possible. The State is largely focusing on the future and wants to compete favourably among other European giant countries.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-embraces-digital-innovation-amid-unfriendly-web-tax/

It’s now more than 12 months since rumours about how one of the giant financial institutions such as banks, and investment companies, would come out and open up a Bitcoin (BTC) business, and that expectation has thus far produced no significant results.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/goldman-sachs-to-provide-bitcoin-trading-services/

How to Deal With Cryptocurrency Taxation, Summary of the Year That Just Finished

Taxes have always been a hard matter for everyone to deal with. Many countries are devising different rules, trying to manage the fintech field. Traders from all parts of the world are facing the necessity to pay taxes from their crypto activity.

With the growing number of crypto users, authorities around the world have found it necessary to tax the profits from this new area. For instance, the United Kingdom introduced a crypto tax advice paper, stating that each investor must pay capital gains tax for selling digital currency such as Bitcoin.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/how-to-deal-with-cryptocurrency-taxation/

Blockchain Projects Among Italian Financial Institutions Growing, Research Shows

Italy is having mixed reactions to the blockchain and crypto industry, but how do real financial institutions deal with distributed ledger technology (DLT). The Fintech & Insurtech report of the homonymous observatory of the Milan Polytechnic shows that DLT is being highly adopted in different banks operating within the country.

The director of Blockchain Observatory & Distributed Ledger, Valeria Portale, believes that it is certain to bring various approaches to four sorts of players: the skeptics, the hesitant, the pragmatists, and the leaders.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-projects-among-italian-financial-institutions/

Joseph Lubin: ETH Co-Founder Calls Cryptobottom of 2018, Introspects on ConsenSys Lay-Off

Ethereum (ETH) co-founder, Joseph Lubin, calls “the Cryptobottom of 2018.” He said this via a tweet on December 21, 2018. Last week was so fertile for most cryptos since their prices registered a significant surge and majority broke their resistance levels that were set previously.

The bottom of cryptocurrency market is noticeable by extraordinary fear, disbelief and uncertainty, explicitly from crypto & blockchain media and social commentators, that Joseph alludes to as ‘our colleagues in the 4th & crypto-5th estates.’

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/joseph-lubin-eth-co-founder-calls-cryptobottom/

XRP is Now Available on EO.Finance

Ripple XRP has been added to EO.Finance! For those unaware, XRP is currently the second largest cryptocurrency in terms of market capitalization. Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred.

With the recent addition of card payments to EO.Finance it is now possible to buy XRP with your credit and debit cards. You can also exchange a number of cryptos to XRP and back, deposits and withdrawals have also been introduced.

https://coinidol.com/xrp-is-now-available-on-eo-finance/

Bitcoin Mining Difficulty has Decreased by 7%, Traders are Leaving Crypto Market

With the prolonged bear market, Bitcoin mining difficulty has lost another 7% of its total capacity over 24 hours. Even though the Bitcoin price recovered over $4,000, miners see no point in continuing their activity. It is still too hard to make a profit or break even under such circumstances.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-mining-difficulty-has-decreased/

Italy Steps Back on Tech Innovations Amid Pro-Blockchain Rules Increasing Globally

Blockchain technology is being highly adopted in all corners of the world, but Italy seems to be running away from it. Citizens are not sure where exactly the country is heading, some think it's going back to year zero.

In Italy, there is a cul-de-sac on the lawful recognition of blockchain technology. The Italian government recently prevented all efforts attempting to recognise blockchain in the Official Gazette.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-steps-back-on-tech-innovations/

Business Register : Italian Court Repudiates Registering Blockchain & Crypto-Related Companies

All businesses operating in Italy that use crypto will not enjoy the full importance of decentralised economy. Firms based on the digital currency mechanism or using crypto won’t be qualified to register their commercial enterprises with Business Register. The Italian court judge made a ruling in a decree number 7556/2018 late November, 2018.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italian-court-repudiates-registering-blockchain/

Western Union is Ready for Crypto Use in its Payment & Transfer Services

The American-based leading financial services firm, Western Union, is now more than ready to start using cryptos for payments. Odilon Almeida, the president of Western Union, revealed in a video interview with Reuters Plus, that the financial institution has been evaluating and ascertaining the deployment of digital currency. They are further delving into ways through which the service delivery using distributed ledger technology (DLT) can be improved. Western Union, founded in 1851, operates in more than 200 nations across the globe.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/western-union-ready-for-crypto-use-in-payment-transfer-services/

Italian Government Will Help Blockchain And Innovations With 1 Billion Euro

Italy has been trying to keep pace with technological progress. That is probably the most obvious reason for the country’s government to support the development of blockchain, IoT, AR/VR and other innovative technologies.

Earlier this year, the Ministry of Economic Development adopted the Budget Law with special attention to investment in emerging technologies. Thus, 1 billion Euro is to be invested in blockchain and other innovations in 2019. The law also stipulates the establishment of a fund for the support of technologies

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italian-government-will-help-blockchain/

Crypto Market Nimble & Abounds with Pump-and-Dump Schemes, Research Reveals

Scammers were engineering the price of cryptocurrencies such as Bitcoin (BTC), Ripple (XRP) Ethereum (ETH) such that they could stump their holdings onto unforeseen traders at a much higher price, shows a new academic paper analysing the size of market invective in digital assets.

Several researchers established around 4,818 known pump-and -pump efforts between the month of January to July, applying information dragged from two encrypted messaging Apps, Telegram & Discord. The scale of imposture is extensive and usually somewhat lucrative, and should notice regulators, per the draft released in a repository of academic study, SSRN.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-market-nimble-abounds/

Novogratz Mike: Bitcoin to Trade Between $3,000 - $6,000 Range, Increases Over 20% in Just 4 Days

As the crypto market is recovering, some crypto maniacs ratify their significant predictions on virtual currencies. The head of crypto merchant bank, Galaxy Digital Holdings Limited, Michael Novogratz, is optimistic that BTC will outlive this bubble and even emerge an ‘effective store of value.’

“This is a mania built on something real. I am certain we will have a digital store of wealth. I think it will be Bitcoin,” he revealed in a recent interview.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/novogratz-mike-bitcoin-to-trade-between-3000-6000-range/