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Robinhood Maintains Zero Fees by Selling Customer’s Orders to High-Frequency Trading Firms

Robinhood is a popular stock trading app that has expanded into crypto, and one of their biggest selling points is that they offer customers zero-fee trading. This business model has been somewhat of a mystery, especially in the areas of sustainability. However, a filing with the Securities and Exchange Commission (SEC) of the United States for Q2 of 2018 reveals that Robinhood is selling their customers’ orders to high-frequency trading firms. This is a practice known as payment for order flow or equity order flow, and could easily be generating Robinhood tens or hundreds of millions of USD.

Read the full article at https://bitcoinnews.com/robinhood-maintains-zero-fees-by-selling-customers-orders-to-high-frequency-trading-firms/

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South Korea Looks to Blockchain With Samsung Tech to Improve Customs Service

Electronics giant Samsung is to develop a blockchain powered platform for use by the Korean Customs Services.

Read the full article at https://bitcoinnews.com/south-korea-looks-to-blockchain-with-samsung-tech-to-improve-customs-service/

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TV Entertainment Increasingly Featuring Crypto, But Is It Still the Elephant in the Room?

Another TV staple has added some extra exposure to cryptocurrency with Britain’s longest running soap featuring its own fictional version.
The programme, Coronation Street, is one of the world’s oldest TV dramas, first appearing on British TV in 1960, with a run of 9,500 episodes since its creation. The show is watched nightly by over 8 million viewers in the UK and many more around Europe.

Read the full article at https://bitcoinnews.com/tv-drama-features-crypto-still-the-elephant-in-the-room/

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Bitcoin Whale Watch: USD 380 Million Leaves #1 Bitcoin Wallet In Only 4 Days

Bitcoin whale watch is in full effect since 58,550 bitcoins worth approximately USD 380 million left the biggest Bitcoin wallet in only 4 days. The wallet in question is the Bitfinex cold storage wallet, and based on the blockchain records, this sort of outflow in such a brief amount of time is highly unusual. Remarkably, despite the huge amount of Bitcoin sent out of the wallet, it is still the #1 Bitcoin wallet with 170,500 Bitcoins worth approximately USD 1.11 billion.

Read the full article at https://bitcoinnews.com/bitcoin-whale-watch-usd-380-million-leaves-1-bitcoin-wallet-in-only-4-days/

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Williams Percentage Range Indicates Bitcoin Is Oversold

According to Bloomberg, the Williams Percentage Range for Bitcoin is sitting at -83%, indicating that the popular cryptocurrency market is oversold. This suggests that a corrective rally may soon occur to bring Bitcoin back up to its equilibrium.

Read the full article at https://bitcoinnews.com/williams-percentage-range-indicates-bitcoin-is-oversold/

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Bitcoin Annual Returns Show Long-Term Profitability
 
A simple calculation of Bitcoin annual return, which is the percentage difference in price from the beginning of the year to the end of the year, shows that the cryptocurrency has been extremely profitable practically every single year since it was launched. This blows away the profit percentages for other asset classes like stocks and precious metals. The Director of Research at Pension Partners and Manager of the ATAC Rotation Fund, Charlie Bilello, posted a chart of Bitcoin annual returns on Twitter.

Read the full article at https://bitcoinnews.com/bitcoin-annual-returns-show-long-term-profitability/

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Coinbase Goes on Wall Street Hiring Spree as Part of Global Expansion

Coinbase has cut the ribbon for its new New York office with plans to expand the staff profile to 150 employees over the next 12 months.

Read the full article at https://bitcoinnews.com/coinbase-goes-on-wall-street-hiring-spree-as-part-of-global-expansion/

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The Blockchain Solution Asia 2018 (BSA2018) is set to provide the answers for organizations to better understand the impact of Blockchain Revolution and its technological advances on their business models and operating processes in order for them to adapt themselves to this new world technology-led order.

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The Rise Of Centralized Cryptocurrencies

The Gemini Dollar (USDG) is a new stable coin pegged at parity to the USD. It has been launched by the Gemini Exchange headquartered in the United States. Crypto coding expert Alex Lebed found that the USDG is completely centralized. Meaning, Gemini can freeze accounts, freeze the entire USDG coin supply, and print infinite USDG. But this is not just an isolated case as centralized cryptocurrencies like the USDG are becoming more common these days.

Read the full article at https://bitcoinnews.com/the-rise-of-centralized-cryptocurrencies/

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Farmers Worldwide Are Now Seeing Blockchain’s Real Advantages

Farmers are beginning to see the potential of new technology, including blockchain, as a solution to supply chain problems in the industry.
Although farmers are sometimes skeptical towards tech solutions coming from an industry steeped in traditional methods, more of them are taking the plunge given the obvious advantages of blockchain’s supply chain clarity and accountability.

Read the full article at https://bitcoinnews.com/farmers-worldwide-are-now-seeing-blockchains-real-advantages/

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BitcoinNews.com Podcast, 11th September 2018

Read https://bitcoinnews.com/bitcoin-news-radio-show-11th-september-2018/

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On this edition of the Bitcoin News radio show, we discuss how the Marshall Islands is getting backlash from the IMF for launching their own crypto. Hear about how the Founder of OKEx and OKCoin is undergoing a fraud investigation in China. We go more in-depth on Submarine Swaps and their potential to create the biggest decentralized exchange in history. Learn about how Ripple Labs was sued by R3 and settled, after trying to back out of a deal to sell 5 billion XRP at USD 0.0085 each.

Follow the Bitcoin News Radio Show on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://youtu.be/Rk56IhZVRkw

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Brazilian Blockchain Association to Conduct Elections With the the Help of a Decentralized System

Brazilian Association of Fintech (ABFintechs) is making history in Brazil by becoming the first organization to implement a decentralized election system for its new board of directors committee. The election will take place on October 9, 2018, and the blockchain community is looking forward to this groundbreaking moment in the history of blockchain implementation in the country.

Read the full article at https://bitcoinnews.com/brazilian-blockchain-association-to-conduct-elections-with-the-the-help-of-a-decentralized-system/

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BitcoinNews.com Podcast, 12th September 2018

Read https://bitcoinnews.com/bitcoin-news-radio-show-12th-september-2018/

Follow https://anchor.fm/bitcoinnewscom

On this episode of the Bitcoin News daily radio show, we discuss how Ethereum shorts have hit record highs as its price has plummeted. Hear about the BitConnect scam that led to one of the biggest price crashes in crypto history. Learn about how NASDAQ is going to try to predict the price for 500 cryptocurrencies. Listen to the story of the Bitcoin Pizza.

Follow the Bitcoin News Radio Show on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://youtu.be/uvS3SVDOzDk

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BitcoinNews.com Daily Podcast, 13th September 2018

Read https://bitcoinnews.com/bitcoin-news-daily-podcast-13th-september-2018/

Follow https://anchor.fm/bitcoinnewscom

On this edition of the Bitcoin News daily radio show, we discuss how TokenLot has become the first ICO trading firm shuttered by the SEC, and another story about how the CEO of GAW Miners has been sentenced to 21 months in prison after running a Ponzi scheme. Hear about how Google is wiretapping the internet, and how Brave is trying to stop it. Learn about how Bitcoin is an exotic hybrid of a cryptocurrency and an investment.

Follow the Bitcoin News Radio Show on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://youtu.be/N2hUH6YzQVg

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BitcoinNews.com Daily Podcast, 14th September 2018

Read https://bitcoinnews.com/bitcoinnews-com-radio-show-14th-september-2018/

Follow https://anchor.fm/bitcoinnewscom

On this edition of the BitcoinNews.com daily radio show, we discuss CoinMarketCap’s historical snapshots which show 2018 is not a bear market. Learn about the new decentralized mapping and navigation system FOAM which is based on Ethereum. Hear about how the SEC has halted trading of the only Bitcoin ETN, and how OKCoin USA is expanding and breaking Coinbase’s monopoly on the USA market.

Follow the BitcoinNews Radio Show on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://youtu.be/AomAEE-R9Tk

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BitcoinNews.com Daily Podcast, 15th September 2018

Read https://bitcoinnews.com/bitcoinnews-com-daily-podcast-15th-september-2018/

Follow https://anchor.fm/bitcoinnewscom

In this edition of the BitcoinNews.com Daily Radio, hear about Tim Draper’s forecast for a USD 80 trillion crypto market cap, the most bullish forecast in history. We discuss how the Reserve Bank of India says Bitcoin is not a currency, and they couldn’t be more wrong. Learn about how Robinhood sells their customer’s orders to high frequency trading firms, and how BitGo has become an officially licensed crypto custodian in the United States.

Follow the BitcoinNews Radio Show on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://youtu.be/lpysvLrpDJU

[BitcoinMoschiach]

AI Technological Singularity and Implications for Bitcoin

There is a theory that artificial intelligence (AI) will some day hit a critical point, called the technological singularity, after which it will rapidly and recursively improve its own technology and far surpass human intelligence. This article speculates what would happen to Bitcoin and cryptocurrency during such a scenario.

Read the full article at https://bitcoinnews.com/ai-technological-singularity-and-implications-for-bitcoin/

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Bitcoin an Obvious Currency for the Space Age?

In the not-so-distant future, it is likely that humans will have permanent outposts on the Moon, Mars, and eventually other planets and moons in our solar system. Bitcoin will be the obvious choice of currency for the space age, since it will be the only form of money that can truly be transferred from planet to planet without hassle. This article will speculate on how Bitcoin would work in space.

Read the full article at https://bitcoinnews.com/bitcoin-an-obvious-currency-for-the-space-age/

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Oregon Pushes Ahead with “Blockchain State” Plan

With many states in the US beginning to push various blockchain projects through state legislature, Oregon state in the country’s Northwest has also made a claim to the “blockchain state” handle.
The Oregon Blockchain Venture Studio in Portland has been set up to further this aim, with a number of companies and organizations from the fields of education, business, and technology linking their know-how to push the new tech in the state.

Read the full article at https://bitcoinnews.com/oregon-pushes-ahead-with-blockchain-state-plan/

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How a Severe Geomagnetic Storm Would Impact Bitcoin

In September 1859, the Carrington Event occurred. It was the largest geomagnetic storm in recorded history to impact Earth. Telegraph operators received electrical shocks, and telegraph pylons sparked and failed. Simultaneously, after power supplies for the telegraph lines failed, telegrams could still be sent due to all the energy flowing through the lines from the geomagnetic storm.

How might Bitcoin be impacted if a geomagnetic storm of this level occurred today?

Read the full article at https://bitcoinnews.com/how-a-severe-geomagnetic-storm-would-impact-bitcoin/