Ether, the native token of the Ethereum blockchain, is a commodity, believes the new Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Heath Tarbert. “We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether—until now. It is my view as chairman of the CFTC that ether is a…
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After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise towards USD 8,750. Besides, there were decent…
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Telegram Open Network’s value is expected to surpass $20 billion over a five-year horizon, according to Decentral Park Capital’s research. Telegram Open Network’s (TON) value is expected to surpass $20 billion over a five-year horizon, according to a new research by New York-based blockchain venture and digital assets fund Decentral Park Capital. “A sleeping giant…
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America’s second largest banking institution searches for a “treasury product manager” specifically working with Ripple’s technology. The United States’ second largest bank appears to have hired a specialist for an implementation of blockchain-based payment network Ripple. Bank seeks Ripple team lead According to a job description on professional social network LinkedIn, as of Oct. 10,…
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OTC trading platform B2C2 launches what it calls the first product for gold trading using Bitcoin for pricing and settlement. Over-the-counter (OTC) trading platform B2C2 has created what it calls the first product for gold trading using Bitcoin (BTC) for pricing and settlement. Macro players eye new BTC gold product Speaking to industry news outlet…
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The Internal Revenue Service (IRS), America’s top tax authority, has issued a new set of guidelines on cryptocurrency taxation. And although many are bemoaning the new rules for a lack of clarity among other matters, there are a few silver linings to be found in the IRS’ press release, a new crypto FAQ page and…
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Programming languages are crucial for blockchain — for usability, security and durability. And what does Ride run on? Ride has been specifically designed for Waves — a leased proof-of-stake protocol. Waves says its aim is to build an environment in which developers can program in chunks — all with a view to ensuring that the…
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On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The…
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The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies. The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining. According to the indictment initially filed on…
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Mark Zuckerberg. Source: a video screenshot, Youtube, Guardian News Regulators on both sides of the Atlantic are taking very different approaches to Facebook’s Libra project – with American politicians hoping to strong-arm the social network and Libra partners, while British central bank officials have laid out a roadmap for the forthcoming token. America’s House Financial…
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