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Tag Archives: Bitcoin

Crypto Markets News from John Lothian News – June 22, 2018 Blog,CryptoMarkets

Japan’s largest crypto exchange halts new account creation; BitFlyer was hit with ‘business improvement order’ from Japanese regulator Adam Samson – FT BitFlyer has stopped accepting any new customers after the Japanese financial regulator ordered the country’s biggest cryptocurrencies exchange to improve its procedures. /jlne.ws/2KcjgcU From farm to plate, blockchain dishes up simple food tracking; Technology promises to make provenance of goods and supply hiccups easier to pinpoint Louise Lucas – FT Blockchain may have started life as the technology underlying cryptocurrencies such as bitcoin but it is quietly starting to revolutionise a far more prosaic sector: the world of…

Crypto Markets News from John Lothian News – June 21, 2018 Blog,CryptoMarkets

crypto markets update 2

Winklevoss Twins Build Crypto-Tech Patent Empire In ETP Pushpa Naresh – Zycrypto.com The latest crypto technology patent awarded to Winklevoss Twins’ owned firm, clearly establishes their domination in financial technology, especially Exchange-Traded Products (ETP). It also marks their ascent from their initial investment days of pre-funding single-ventures like Zuckerberg’s Facebook Artificial Intelligence. bit.ly/2tnoGqM Crypto Mining Mogul Hits the Big-time with Portable Mining Containers John McMahon – NewsBTC Serial crypto entrepreneur Valery Vavilov of Bitfury has struck gold again with his latest venture by solving two of the main hurdles in mining cryptocurrency with some big black boxes. bit.ly/2trrao3 The crypto…

What The Crypto World Needs Is Trading, Data and Infrastructure… From Milwaukee Blockchain,Blog,CryptoMarkets,Feature

Derek Urben didn’t look the least bit nervous. As head of business development at Coinigy, he was in Chicago looking to break into the lucrative space of institutions interested in crypto trading, data and infrastructure. He wants to connect every broker, hedge fund and institutional player he can find to its pipeline of crypto markets around the world. Oh, and he had final exams at the University of Wisconsin-Milwaukee the next day too. If you met the tall, polite and whip-smart 21-year-old, you’d think, “this guy’s got a great future in the crypto or traditional markets” – until he starts…

Crypto Markets News from John Lothian News – June 20, 2018 Blog,CryptoMarkets

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Quebec Hikes Power Prices for Crypto Miners Sandrine Rastello – Bloomberg Prices for new comers rise threefold in temporary move; Existing clients left untouched until later this year Quebec will make electricity prohibitively expensive for cryptocurrency miners until it figures out how to deal with a surge in demand from the energy-hungry industry. /jlne.ws/2tnWTqu South Korea’s Bithumb loses $32 million in digital money heist Cynthia Kim, Joyce Lee – Reuters South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as…

Chicago is Crypto-fuel For the Coinbase Rocket Blockchain,Blog,CryptoMarkets,Feature

My meeting with Paul Bauerschmidt has been reset three times and he’s running a few minutes late for our coffee in Chicago. It’s understandable. Since taking the role as co-head of Coinbase’s Chicago office last October, it’s been non-stop for Bauerschmidt and his office of nine and soon to be more. He is on board with one of the fastest growing crypto exchanges in the world and thrilled with the ride after helping build Eris Exchange and CME’s swap business before that. In many ways, he’s one of the new asset class pioneers in a city largely built by financial…

Crypto Markets News from John Lothian News – June 19, 2018 Blog,CryptoMarkets

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Cryptocurrency hedge funds see returns plunge in volatile times Emma Dunkley – Financial Times Hedge funds investing in cryptocurrencies have seen plunging returns this year, with performance dropping by 35 per cent as digital coins suffered a volatile first half. Figures from US analytics firm HFR showed that global hedge funds investing in cryptocurrencies and the technology that underpins digital money have posted negative performance in four out of five months this year, after rising more than 2,700 per cent in 2017. /on.ft.com/2K5DlS6 Square obtains NY State cryptocurrency license Anna Irrera – Reuters Square Inc (SQ.N), the payments company founded…

Crypto Markets News from John Lothian News – June 18, 2018 Blog,CryptoMarkets

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Bitcoin is useless, unsafe, and dirty: this new report is withering in its verdict Ambrose Evans-Pritchard – Telegraph Cryptocurrencies have no intrinsic worth and are useless as a form of exchange. They entail exorbitant transaction costs. They are very slow. Together they have turned into an ecological nightmare. /jlne.ws/2K0wqt9 Regulated Crypto Custody Is (Almost) Here. It’s a Game Changer Olga Kharif and Sonali Basak – Bloomberg Service could open market to bigger investors, boosting prices; ‘It will unlock a big wave of capital,’ fund manager says Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild…

Crypto Markets News from John Lothian News – June 15, 2018 Blog,CryptoMarkets

crypto markets update 2

Crypto firm Paxos using Goldman Sachs playbook to become juggernaut Business Insider The cryptocurrency company Paxos appears to be taking a page out of Goldman Sachs’ playbook. The firm, which runs a crypto exchange and over-the-counter trading desk via its itBit unit, is looking to leverage its crypto-custody business to lure trading volumes to its venue. It’s a move that Paul Ciavardini, the director who oversees OTC trading at the firm, says looks similar to the way Goldman offered prime brokerage services to hedge funds that turned into big profits for its trading business. /read.bi/2HNj6Dy Novogratz Firm Makes $15 Million…

Crypto Markets News from John Lothian News – June 14, 2018 Blog,CryptoMarkets

crypto markets update 2

Top 100 cryptocurrencies added to Thomson Reuters market sentiment feed; Thomson Reuters included Bitcoin on its market sentiment data feed in March this year. Hayley McDowell – The Trade Thomson Reuters has expanded its market sentiment data indices to include the top 100 cryptocurrencies, shortly after Bitcoin was added to the data feed. /jlne.ws/2JWOPHD Has bitcoin come to the end of its Tether? Kelly Remember Tether, the eurodollar-lookalike digital currency that many people suspected of playing a major role in propping up the price of bitcoin and other cryptocurrencies? /jlne.ws/2HRIYhG Bitcoin Extends Its Collapse Todd White – Bloomberg Digital token…