Tuesday, January 16, 2018

CryptoCurrency News: A Note to CoinDesk Readers

On Tuesday, we had technical difficulties that prevented us from posting for several hours. We apologize for any inconvenience this may have caused.

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CryptoCurrency News: Why This Startup Took Part of Its Venture Funding in XRP

Announced Tuesday, the investment by Ripple executives in Omni feels ill-timed as the price of the coin has fallen more than 40 percent.

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CryptoCurrency News: BitConnect Shutters Crypto Exchange Site After Regulator Warnings

The company behind the controversial cryptocurrency BitConnect has announced that it will close down its lending and exchange platform.

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CryptoCurrency News: Putin: Crypto Oversight Legislation Will Be Needed

Russian president Vladimir Putin believes that legislation laying out rules for the country’s cryptocurrency sector will be needed in the future.

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CryptoCurrency News: Most of the World's Biggest Cryptocurrencies Are Down Today

It's been a day of major losses so far across the cryptocurrency markets, with the top 20 all in the red and a big chunk knocked off the total value.

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[FOREX NEWS] Won’t Chase USD/CAD lower Into BoC – Nomura

The Canadian dollar received positive economic indicators and rising oil prices, yet NAFTA worries are holding it back. And now, the loonie faces the rate decision by the BOC. While Poloz and co. are expected to raise rates the team at Nomura is skeptical. Here is their view, courtesy of eFXnews: Nomura Research discusses USD/CAD [...]

The post Won’t Chase USD/CAD lower Into BoC – Nomura appeared first on Forex Crunch.

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[FOREX NEWS] Bitcoin suffers from its own power usage and from real power – 3 examples

The price of bitcoin, the leading digital currency, is falling. While bitcoin is not alone, and Ripple is plunging at a faster pace, BTC remains the poster child of cryptocurrencies and it gets special attention. Power usage by bitcoin miners has been an issue for a long time. While in Quebec, the province has spare [...]

The post Bitcoin suffers from its own power usage and from real power – 3 examples appeared first on Forex Crunch.

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CryptoCurrency News: Metropolitan Bank Denies Policy Change on Crypto Wire Transfers

Metropolitan Bank released a statement stating that it had a "long-standing policy" barring crypto-related wire transfers outside the U.S.

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CryptoCurrency News: Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next Season'

The Dallas Mavericks will begin accepting cryptocurrency payments during their next season, according to owner and investor Mark Cuban.

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CryptoCurrency News: Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple's XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests.

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CryptoCurrency News: France Creates Working Group for Cryptocurrency Regulation

The French minister of the economy has announced the creation of a working group to develop cryptocurrency regulations.

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CryptoCurrency News: Blockchain Startup Cypherium Partners with IC3 for Scaling Research

Cypherium, which provides a blockchain infrastructure, is partnering with research group IC3 to work on scaling solutions.

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CryptoCurrency News: Shipping Blockchain: Maersk Spin-Off Aims to Commercialize Trade Platform

Global shipping giant Maersk is spinning off its blockchain work with IBM in an effort to foster collaboration between competitors.

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CryptoCurrency News: Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Amid negative news flow, Bitcoin is taking a hit today and touching 3.5 week lows at the time of writing.

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CryptoCurrency News: UNICEF Wants to Fund Early Stage Blockchain Startups

The United Nations Children's Fund is seeking to invest in early stage blockchain startups with the potential to help people across the globe.

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CryptoCurrency News: PBoC Official Calls for Wider Ban on Chinese Crypto Trading: Report

The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.

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CryptoCurrency News: Big Money, Murky Governance: Kicking the Tires of Telegram's Token Sale

In a market that emphasizes trustless systems, the Durov brothers are asking token investors to place a lot of trust in them and the Telegram team.

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CryptoCurrency News: Bitcoin's Price Just Dropped Over $1,300 in 1.5 Hours

The price of a bitcoin just plummeted by over $1,300, as losses are seen across the wider cryptocurrency market.

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[FOREX NEWS] UK inflation slides to 3% as expected – GBP continues downward correction

Inflation in the UK slides to 3% y/y as expected. GBP/USD slips from around 1.3780 to 1.3762. more coming The UK was expected to report annual inflation of 3% in December after 3.1% in November, a minor slide. GBP/USD slipped off 1.38 ahead of the publication, as the US dollar was making attempts to recover. [...]

The post UK inflation slides to 3% as expected – GBP continues downward correction appeared first on Forex Crunch.

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CryptoCurrency News: Swift Signs Agreement With 7 CSDs to Explore Blockchain for Post-Trade

Swift formalizes another major blockchain project by signing a memorandum of understanding with seven Central Securities Depositories.

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CryptoCurrency News: ViaBTC Increases Cloud Mining Fee Citing China's Mining Resource Scarcity

China's crypto mining pool ViaBTC increases its maintenance fee ratio for AntMiner S9 cloud mining contract, citing mining resource scarcity in China.

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