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Bitcoin ‘Maybe Is a Partial Store of Value,’ Concedes Nouriel Roubini

Economist Nouriel Roubini has admitted that Bitcoin “maybe is a partial store of value” while leveling his usual criticisms against cryptocurrencies. Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of…
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Bitcoin and Altcoins in Corrective Increase Towards Hurdles

In the past few hours (08:00 UTC), there was a downside extension in bitcoin price below the USD 8,000 support area. BTC/USD traded close to USD 7,900 and it is currently correcting higher. However, there are many resistances on the upside near USD 8,200 and USD 8,250. Similarly, ethereum, EOS, bitcoin cash, litecoin, ripple, binance…
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Broadway’s Biggest Ticket Operator to Use IBM Blockchain Against Scams

Broadway’s largest ticket operator, the Shubert Organization, is integrating a blockchain solution into its business to prevent ticket fraud. Broadway’s largest ticket operator, the Shubert Organization, is integrating a blockchain solution into its business in a forthcoming pilot targeted at combating ticket fraud. The organization, via its Telecharge and Shubert Ticketing division, has partnered with…
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Binance CEO Confused by BNB Price Decline Despite ‘Very Productive’ Q3

After the latest Binance Coin quarterly burn and record profits, Binance CEO says that the possible reasons for BNB price decline do not make much sense. Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not…
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Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Bitcoin swiftly broke out of the $7,000 territory on Thursday as news the U.K. was leaving the European Union with a deal boosted markets. Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily…
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Binance Makes USD 1bn in Total, CEO Confused About BNB Price

Changpeng Zhao. While major cryptocurrency exchange Binance made a total of USD 1 billion in profits, also thanks to the new revenue streams, the CEO of the company said he’s ‘confused’ about the price of their native token, Binance Coin (BNB). In an attempt to increase the value of the coin, the company every quarter…
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Central Banks Realize They Can’t Ignore Crypto, Digital Fiats Any More

Central banks and financial authorities in some of the world’s leading economies are increasingly turning their attention to cryptocurrencies and digital fiats. Bloomberg reports that the American Federal Reserve is “dragging its feet” on digital fiat-related matters, with a “real-time” payment system “five to six years off.” The news agency quotes Tobias  Read more »Pay/Trade/Buy…
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Broadway Goes Blockchain + 12 More Crypto News

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news As a possible solution to ticket fraud and for a better ticketing experience, Broadway has turned to blockchain technology. The Shubert Organization, the biggest theater operator on…
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Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights

The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights. A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to…
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US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring

United States law enforcement agencies analyzed Bitcoin transactions to locate and subsequently shut down a global child pornography site. United States law enforcement agencies have analyzed Bitcoin (BTC) transactions to locate and shut down a global child pornography site. Per an Oct. 16 press release, the U.S. Department of Justice announced the shutdown of the…
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