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Crypto Prices Flat; Korea Warns Central Bank-Issued Coins Could Raise Instability

Cryptocurrency prices were little changed on Friday in Asia. Trading volume was thin over the past few days as China, South Korea and other Asian countries celebrate the Chinese new year.
While not a directional driver, a study from the Bank of Korea warned that a central bank-issued digital currency could increase financial instability. The introduction of such a product would replace demand deposits held by local commercial banks, causing a liquidity shortage and increasing interest rates, the study found.

Earlier reports suggested that the central bank has already decided not to launch its own digital coin.

Bitcoin slipped 0.3% to $3,399.9 by 12:06 AM ET (05:06 GMT).

Etherum slid 0.4% to $104.69,XRP traded 0.2% lower to $ 0.29139, and Litecoin edged up 2.3% to $33.472.

In other news, the saga surrounding Canadian Crypto Exchange QuadrigaCX continued to be in focus after Bloomberg reported this week that CEO of the firm Gerald Cotten filed a will 12 days before his death and designated his wife as the only beneficiary and the executor of his estate.

Citing analysts, the Wall Street Journal (WSJ) said on Feb. 6 the fund could actually be missing. James Edwards, a cryptocurrency analyst, reportedly reviewed the publicly available transactions of the exchange and found no evidence that the exchange controlled any of the wallets it claimed to.

“It appears that there are no identifiable cold wallet reserves for QuadrigaCX,” he wrote in a report that was cited by Cointelegraph.

The sage began on Feb. 1 when the Globe and Mail reported that the Canadian firm has been unable to locate or access the funds since Cotten passed on Dec. 9, as he was the only person that has access to the system that stores the funds. He was also the only one that knows the passwords and the recovery key.


#16 - February 08, 2019, 07:22:24 AM
« Last Edit: February 09, 2019, 02:35:55 AM by Admin »

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XRP Dips Below 0.29226 Level, Down 0.85%
XRP fell bellow the $0.29226 level on Thursday. XRP was trading at 0.29226 by 17:25 (22:25 GMT) on the Investing.com Index, down 0.85% on the day. It was the largest one-day percentage loss since February 7.
The move downwards pushed XRP's market cap down to $12.04152B, or 10.79% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53400B.
XRP had traded in a range of $0.28945 to $0.29418 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 5.02%. The volume of XRP traded in the twenty-four hours to time of writing was $377.93310M or 2.48% of the total volume of all cryptocurrencies. It has traded in a range of $0.2888 to $0.3132 in the past 7 days.
At its current price, XRP is still down 91.12% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
 Bitcoin was last at $3,395.9 on the Investing.com Index, down 0.24% on the day. 
Etherum was trading at $104.69 on the Investing.com Index, a gain of 0.23%.
Bitcoin's market cap was last at $59.56757B or 53.39% of the total cryptocurrency market cap, while Ethereum's market cap totaled $10.98813B or 9.85% of the total cryptocurrency market value.



#17 - February 08, 2019, 07:25:39 AM

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Singapore-based crypto-asset trading company QCP Capital has been chosen as KRWb's 'publishing partner' to ensure market liquidity. "Korea has always been a strategic but challenging market for us. KRWb is a good solution to the problems faced by market participants both on land and abroad. In addition to crypto liquidity, we are pleased to be part of a project that pioneers new" solutions to-crypto in Asia, "said Darius Sit, Managing Partner at QCP Capital.
when is the release, is there any clarity regarding the promotion?
#18 - February 08, 2019, 10:19:55 AM

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India Wants Crypto Campaign to Pass 100 Days with Growing Support

Social media campaigns for regulation of positive digital currencies in India have passed 100 days with increasing support from the community. Despite banking restrictions imposed by the country's central bank, local crypto exchanges reported increasing volume and optimism about upcoming regulations.
#19 - February 08, 2019, 04:16:59 PM

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The United States Government Receives Bitcoin and Bitcoin Cash for Tax Payments

Pay Tax Using Bitcoin. Nearly 500,000 residents in Seminole County, Florida will be able to pay their property tax with bitcoin or bitcoin starting next June.


Joel Greenberg, the newly elected Tax Collector for the area, said that the public would be able to pay further for IDs or license plates in the form of bitcoin or bitcoin cash before making an agreement with BitPay.


"We live in a world where technology has made access to services on demand, with delivery on the same day and expectations of customer service that are very efficient and we have to ask for the same from our government," Greenberg said.


"The aim of my future at the office is to make our customers faster, smarter and more efficient, and to bring government services from the 18th century to the 21st century and one way is to request cryptocurrency to our payment options," he continued.





BitPay was founded in 2011. Bitpay is currently the largest bitcoin payment processor in the world, serving leading industrial traders on six continents. In addition, Bitpay has also made an efficient and safe bitcoin payment system that is used every day by a variety of thousands of bitcoin users.


Residents at Seminole County can save money because banks or payment programs use fees of 2 to 3 percent, while BitPay has a fixed fee of 1 percent and no cost at all for the first million dollars needed.
#20 - February 09, 2019, 03:05:55 AM

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After falling below US $ 4,200, the price of Bitcoin (BTC) has repeatedly tried to stay above the US $ 4,000 limit but failed. However, thanks to encouragement from traders for the past 24 hours, BTC prices managed to break above the psychological limit after experiencing a 4 percent rally.

The increase in BTC prices followed the daily trading volume of US $ 11 billion, the highest 24-hour volume since April last year, when BTC prices were at US $ 8 thousand.

Meanwhile, the prices of Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Bitcoin Cash (BCH) all rallied with BTC, each increasing between 5 and 18 percent and adding US $ 6 billion to crypto market capitalization whole.

BTC trading volume reaching its highest point in the 12-month period is considered a sign that investors are still engrossed in playing with Bitcoin. Even though it was constantly beaten "winter" crypto which weakened the crypto sector, Bitcoin remained the number one crypto based on market capitalization.

For a long time, BTC's trading volume correlated with BTC prices, but when there was a "civil war" of Bitcoin Cash that made the crypto market chaotic in November, the volume of BTC persisted despite the price of a landslide.

Although the price of Bitcoin is slowly increasing, its market dominance, based on total crypto market capitalization, has dropped and is at a new low in 2019 at 50.6 percent. Meanwhile, altcoins are gaining greater market dominance.
#21 - March 17, 2019, 09:18:30 PM

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Why did Cboe get rid of bitcoin futures?

We don't know with 100% certainty, but it's natural to assume that it's because of the enthusiasm for bitcoin and other cryptocurrency that has plummeted over the past year. Since the future has peaked at almost $ 20,000 at the end of 2017 - just as Cboe introduced its first bitcoin futures - the air has completely exited the bitcoin screen. In this paper, bitcoin trading is less than $ 4,000, down about 80% from its peak.

If you are not familiar, a futures contract basically allows investors to bet on whether the price of a particular commodity will go up or down on a specified date. Futures contracts expire every month, so if the exchange stops making new futures contracts for certain commodities (such as bitcoin), in the end there will be no more left.

In a recent statement, Cboe confirmed that no new bitcoin futures contract will be made in March 2019, nor does it intend to make it in the following months. Cboe does not rule out the possibility of further bitcoin or other cryptocurrency derivatives, but Cboe has no immediate plans to offer, something described in his statement.
#22 - March 20, 2019, 07:07:08 AM

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In December 2017 when Cboe became the first exchange market to offer derivative crypto options, Bitcoin and its digital currency counterparts were traded at the nosebleed (severe) level. Now, crypto winter has lasted more than a year. When Bitcoin futures are launched, the hope is to play an important role in legitimizing crypto assets, driving demand and providing less risky ways for new investors - both retail and institutional - to participate. Is the Cboe suspension against Bitcoin futures products the beginning of cryptocurrency graduation?

Ryan Radloff, CEO of CoinShares believes this contract does not mean much to the larger crypto market infrastructure. "We are not worried about losing them," he said. He believes there will be no real impact.

For one thing, rivals the Chicago Mercantile Exchange (CME) will continue to trade Bitcoin futures. Also, Radloff notes:

"One of the 'industrial' cases for the BTC futures contract, at least in the crypto community, is to hedge income from Bitcoin mining. In the case of a CBOE cash settlement contract, the risk of getting a different maturity price from the one actually available on the market is too high to use it as an efficient hedge, so physical delivery wins every time. "

Laurent Kssis, managing director of the XBT Provider summed up:

"In the race for more transparent, professional-grade products with a mechanism for efficient price discovery and greater liquidity, Cboe seems to be giving the market to CME."

Of course, part of the problem for Bitcoin Cboe futures products is the lack of trading volume. According to CryptoCompare, from January to February 2019 Cboe volume drops by around 31% while the CME daily average increases by more than 23%.

News cryptocurrency and Blockchain teqnology in General Cryptocurrency Discussion_picd84690896d6f75027c19bc05526cd371

Average Daily Bitcoin Futures Volumes

Courtesy: CryptoCompare

Some of this could be because the margin requirement for BTC futures trading at CME is 35% while it is 40% in Cboe to calculate BTC volatility.

Kssis speculates that low volume costs must exceed revenue benefits given the decline in basic asset prices.

"On the professional side, market makers prefer to hedge futures contracts using completed 'physical' contracts to reduce the risk of settlement price manipulation. With cash settlement contracts, settlement prices are never really efficient at maturity. As a result, it would appear that the buyer of this contract is only a speculator, using leverage offers.

After the long-awaited physical contract came to the market, I think most contracts that are settled in cash lose their appeal because the market will usually choose one delta vehicle that is more efficient and professional when faced with opportunities. "

Some crypto market players are disappointed, but recognize that suspension is more related to business models than asset class failures. En Hui Ong, head of business development at Zilliqa, the public blockchain platform, said:

"Although some are worried that the announcement is a sign of waning institutional interest, it is actually a matter of competition and convenience. CME competitors have their own Bitcoin futures product, with a 1 Cboe contract equal to 1 Bitcoin (BTC) and 1 CME contract equal to 5 BTC, this indicates that CME has more competitive and attractive products. "

In addition, he explained, regarding the settlement, Cboe also announced that it would only take the price of the Gemini auction cryptocurrency exchange. Single source prices open opportunities for price manipulation, which leads to greater risk.

Instead, CME has taken a far more measurable approach, using prices from several exchanges while improving its ownership process to reduce the potential for price manipulation. "Thus," noted Ong, "Cboe announcements should not be considered as a reflection of the state of institutional interest in cryptocurrency. They only have products that fail to gain market share."
#23 - March 24, 2019, 12:54:03 AM

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The EOS crypto traded at $ 4.0834 at Index on Wednesday, and prices surged 10.34% for the day. That is the biggest one-day profit since March 5.

The surge in increase has pushed EOS's market capitalization to increase to $ 3.4877B, or 2.52% of cryptocurrency's total market capitalization. At the highest level, the EOS market cap is $ 17.5290B.

EOS has traded at a price range of $ 3.7168 to $ 4.0874 in the previous 24 hours.

Over the past seven days, EOS has increased, and has risen 2.5%. EOS volume traded for the last 24 hours until the writing time is $ 1.8030B or 5.19% of
the total volume of all crypto currencies. Prices have traded in the range of $ 3,5382 to $ 4,0874 in the past 7 days.

At current prices, EOS is still down 82.23% from the all-time high at $ 22.98 on April 29, 2018.

Elsewhere in cryptocurrency trading

The Bitcoin crypto was last at $ 3,958.7 on the Investing.com Index, up 0.56% for the day.

Ethereum traded at $ 135.55 on the Investing.com Index, and gained as much as 0.77%.

The latest Bitcoin market capitalization is worth $ 70.1078B or 50.61% of the total cryptocurrency market share, while the market capEthere is $ 14.3165B or 10.33% of the total crypto currency market value.:);)
#24 - March 27, 2019, 04:19:05 AM

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BITCOIN TRADE Continues to hold above the key level of $ 4,000, moving 0.18% higher to $ 4,037.6 at 10.52 WIB.

Whereas in other coin perdaganga they are!

Ethereum jumped 2.12% to $ 139.03 and Litecoin added 3.23% to $ 60,772. However, the XRP fell 0.81% to $ 0.30645.
#25 - March 29, 2019, 11:55:39 AM

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The EOS crypto currency advanced above the level of $ 4,3055 on Saturday. EOS traded at 4,3055 Index, and prices rose 1.06% for today. That is the biggest profit percentage one day since March 29.

This crypto strengthening has driven EOS's market capitalization to increase to $ 3.8800B, or 2.68% of cryptocurrency's total market capitalization. At the highest level, the EOS market cap is worth $ 17.5290B.

EOS has traded at a price range of $ 4.2967 to $ 4.3239 in the previous 24 hours.

Over the past seven days, EOS has increased in value, and rose by 17.11%. EOS volume traded for the last 24 hours until the time of writing is $ 2.3904B or 6.42% of the total volume of all crypto currencies. Prices have traded in the range of $ 3.5762 to $ 4.3944 in the past 7 days.

At current prices, EOS is still down 81.26% from the all-time high at $ 22.98 on April 29, 2018.

Whereas in other cryptocurrency trades

The Bitcoin crypto was last at $ 4,132.5 at a gain of 2.40% for the day.

Ethereum traded at $ 145.36 and rose by 4.75%.

The last Bitcoin market capitalization amounted to $ 72.6312B or 50.22% of the total cryptocurrency market share, while the Ethereum market cap touched $ 15.2252B or 10.53% of the total crypto currency market value.
#26 - March 30, 2019, 10:09:51 AM

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Cardano rose 10% The surge in increase has pushed Cardano's market capitalization to increase to $ 1.86629B, or 1.29% of cryptocurrency's total market capitalization. At the highest level, the market cap of Cardano is $ 23.91700B.

Cardano has been traded at a price range of $ 0.071259 to $ 0.072836 in the previous 24 hours.

During the last seven days, Cardano increased, and rose 22.24%. Cardano volume traded for the last 24 hours until the time of writing is $ 130.15641M or 0.35% of
the total volume of all crypto currencies. Prices have traded in the range of $ 0.0569 to $ 0.0730 in the past 7 days.
#27 - March 30, 2019, 11:30:06 AM

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The German Federal Office for Migration and Refugees (BAFM) has found that the blockchain has vast potential to improve asylum procedures. Following proof-of-concept (PoC) that was successfully completed.

This paper was edited by BAFM and was written by the Information Systems Business & Engineering Group of the Fraunhofer Institute for Applied Information Technology FIT.

PoC What is done by BAFM, Fraunhofer FIT and unnamed technology partners in the first half of 2018 focuses on evaluating the potential of the blockchain to support two important aspects of asylum procedures: the creation of reliable and secure digital identities and increasing communication and cooperation between authorities at the city, state and national level.

For PoC, three partners use a private version and are permitted from the blockchain derived by Ethereum, using the consensus proof-authority algorithm.

The white paper describes that blockchain can allow the creation of digital identities that tamper with tampers for refugees arriving without ID documents, based on biometric data collected at the time of their initial registration in the recipient country. This irreversible blockchain-based identity will then support further aspects of the asylum procedure and ensure consistent and safe identification of each asylum applicant in various organizations.

White book authors propose that strong blockchain-based identity solutions can have positive implications for the broad European market, noting that:

"Blockchain can be a 'digital enabler' of European federalism in the context of asylum.
The European platform for decentralized management of asylum procedures that will allow transparent storage of one's initial registration.
Digital identity is basically a national agnostic and can therefore support European unity at the fundamental level. "

The white paper notes that data protection laws pose major challenges for blockchain innovation in the European context of reference to the General Data Protection Regulation (GDPR), a broad EU legal framework for privacy of personal data, which came into force in May 2018.

However, an architecture that is compatible with GDPR for an asylum system supported by blockchain is possible, the report said.
#28 - March 31, 2019, 12:26:21 AM

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Japan's largest train and subway operator - which is used by millions of Japanese every day - is considering integrating crypto assets such as bitcoin as a payment option.

According to ANN News, the main commercial television news network in Japan run by TV Asahi Corporation, JR Group, is currently planning to establish a uand crypto eye company. It's likely that the company is a stock exchange, which partners with large banks, to integrate crypto and uand eyes.

JR Group is moving forward with its plan to integrate crypto into the Suica card, a national public transportation card used by residents for various payments including subway transactions. The company has the potential to be the biggest stimulus in the adoption of retail and mainstream crypto currencies to date.

Based on a report from ANN News regarding plans for JR Group to build a new crypto currency business, it is likely that the company wants to make its own exchange or infrastructure to process payments, similar to Rakuten.
#29 - March 31, 2019, 01:18:32 AM

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The EOS crypto currency advanced positively above the level of $ 4.1113 on Sunday. EOS traded at 4,1113 prices increased by 4.85% for today. That is the biggest profit percentage one day since March 4.

This crypto strengthening has driven EOS's market capitalization to increase to $ 3.7216B, or 2.59% of cryptocurrency's total market capitalization. At the highest level, the EOS market cap is worth $ 17.5290B.

EOS has traded at a price range of $ 4,1009 to $ 4,1531 in the previous 24 hours.

Over the past seven days, EOS has increased in value, and rose by 11.99%. EOS volume traded for the last 24 hours until the time of writing is $ 1.9747B or 6.01% of the total volume of all crypto currencies. Prices have traded in the range of $ 3.5762 to $ 4.3944 in the past 7 days.

At current prices, EOS is still down 82.11% from the all-time high at $ 22.98 on April 29, 2018.

And on another Cryptocurrency trade

The Bitcoin crypto was last at $ 4,095.4 down 0.83% for the day.

Ethereum traded at $ 141.86 and lost 2.47%.

The last Bitcoin market capitalization amounted to $ 72,3237B or 50.26% of the total cryptocurrency market share, while the market capEthere touched $ 14.9320B or 10.38% of the total crypto currency market value.
#30 - March 31, 2019, 07:49:25 AM

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