August 2018 | Page 24 of 99 | Last Cryptocurrency News Feed

Ohio Lawmakers Pitch Their State As a Future Hub for Blockchain

NEWS Aug 24, 2018 at 13:15 UTC Lawmakers in the U.S. state of Ohio say they are interested in blockchain – but they're still figuring out how to put that enthusiasm into action. At a press conference on Aug. 23, Ohio House of Representatives Speaker Ryan Smith convened a group that included lawmakers, business owners…

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Mt Gox’s Bitcoin Creditors Can Now File for Rehabilitation Claims

Creditors of the long-defunct bitcoin exchange Mt Gox can now begin submitting proof of their claims in a newly-approved rehabilitation process. Nobuaki Kobayashi, the trustee of Mt. Gox, announced in a note on Thursday that an online claim filing system is now up and running for creditors, whether or not they filed proofs for claims…

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A Phone Call Could Change Ethereum’s Future – And It’s Happening Today

Miners, investors, developers and more. That's a summary of the diverse set of ethereum stakeholders that will be in attendance at an upcoming developer call, according to Ethereum Foundation communication officer Hudson Jameson. Set to take place at 14:00 UTC Friday, the live-streamed meeting aims to address some of the platform's most challenging questions ahead of its…

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Mt. Gox Crypto Exchange Opens Claims for Creditors to Request Lost Funds

Creditors of hacked Japanese cryptocurrency exchange Mt. Gox began filing civil rehabilitation claims Thursday, August 23 in a fresh attempt to retrieve their lost bitcoins. An online claims submission process released by trustee Nobuaki Kobayashi details the various prerequisites for the exchange’s creditors, who now have until October 22 to submit a filing. The news…

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CNBC’s Analyst Brian Kelly Says Bitcoin ETF Approval Likely by February 2019

Crypto analyst Brian Kelly has predicted that approval of a Bitcoin (BTC) exchange-traded fund (ETF) will “likeliest” and “earliest” come in February 2019, in an interview on CNBC’s Fast Money August 23. Kelly’s forecast comes hot upon the heels of the U.S. Securities and Exchange Commission’s (SEC) rejection of nine BTC derivatives-based ETF proposals from…

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China: Central Bank, Gov’t Caution Public Over Fake Cryptocurrency Schemes

Multiple Chinese authorities issued a stark warning about illegal fundraising attempts claiming affiliation with the cryptocurrency industry in a bulletin Friday, August 24. Sounding the alarm on “lawless entities” attempting to amass funds “using the banner of ‘financial innovation’ and ‘blockchain’” and distributing “so-called ‘virtual currency,’ ‘virtual assets’ and ‘digital assets,’” the document urges the…

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Bitcoin Price Analysis August 24

The BitMEX manipulation had ended exactly at the same place it all started from: and Bitcoin is back to the endless range between $6000 – $6600. The recent ProShares ETF rejection by the SEC was indeed already priced, so the rejection itself didn’t lead to a massive selloff, actually the opposite took place (“sell on the news”).…

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Bitcoin’s Price Builds Bottom As Upward Pressure Grows

The probability of a bullish move in bitcoin (BTC) has gone up in the last 24 hours. To start with, the leading cryptocurrency has remained well above the key support of $6,230 (Aug. 20 low) despite the ETF rejection, adding credence to our assessment that the cryptomarkets had already priced in the bad news. Further, the…

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Singapore Stock Exchange Taps Blockchain for Faster Settlements

Singapore's stock exchange is working with the Monetary Authority of Singapore (MAS), the city-state's de facto central bank, to utilize blockchain in a bid to improve the efficiency of securities settlements. The Singapore Exchange (SGX) said in a release on Friday that the collaboration is aimed at scaling up the country's Delivery versus Payment (DvP) capacity…

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Singapore Central Bank Partners With Deloitte, Nasdaq on Blockchain Asset Settlement

The de facto central bank of Singapore announced it had signed a deal with multiple big name entities to ease digital asset settlements in a press release Friday, August 24. Part of its ongoing Project Ubin blockchain integration scheme, the Monetary Authority of Singapore (MAS) partnered with Singapore Exchange (SGX), along with Anquan, Deloitte and…