Bitcoin Futures Markets See a Big Uptick in Trade Volume

Bitcoin prices and cryptocurrency spot markets, in general, have been recovering after the downturn that took place from mid-December 2017 up until three weeks ago. At the time, when BTC derivatives products were introduced to the public, futures contracts got off to a slow start. Now bitcoin-based futures markets from the Chicago Board Options Exchange (Cboe) and the Chicago Mercantile Exchange (CME) have seen a significant uptick in product sales for the trading sessions during the month of April and May. Also read: Bitcoin Markets Steady for Another Gox Dump,…

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Memo Innovation Invigorates Bitcoin Cash Proponents

Just recently we reported about the on-chain social media network called Memo, an application that allows people to publish censorship resistant ‘memos’ on the Bitcoin Cash (BCH) blockchain. So far users have sent thousands of on-chain memos, and the platform’s developers have added new features like ‘replies’ which unleashed over 3,000 Memo transactions in 24 hours after adding the reply component. Also read: Markets Update: Cryptocurrencies Erase Two-Day Losses New Features Added to the On-Chain Social Media Platform Memo.cash   Bitcoin Cash proponents have been very excited about the new Memo.cash…

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Changelly Lists NAGA Coin, Integrates Into NAGA Wallet

NAGA — the world’s first crypto-gateway to trade any sort of financial instrument and virtual good in a secure and transparent way — has announced a partnership with Changelly, a popular cryptocurrency exchange service between digital currencies. A Perfect Partnership The partnership between NAGA and Changelly will allow millions of combined users to take advantage of both platform’s features, thanks to the integration of Changelly’s exchange services with the instantaneous and frictionless nature of NAGA Trader — effectively affording users the ability to easily exchange NAGA Coins against over 100…

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PR: 4NEW – Two Operational Power Plants Secured with Launch Plan to Initiate Onsite Crypto Mining Farm

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. London, UK. Today, 4NEW announced that they have secured two operational Waste to Energy power plants that produce over 10 megawatts of electricity per hour in the United Kingdom. The power plants, located in Middlesborough and Hartlepool, utilize the Anaerobic Digestion technology to convert regular…

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Wendy McElroy: Are You Part of the Revolution or Part of the War?

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 3. Are You Part of the Revolution or Part of the War? by Wendy McElroy What do We mean by the [American] Revolution? The War? That was no part of the Revolution. It was only an Effect and Consequence of it. The Revolution was in the Minds of the People, and this was effected, from 1760 to 1775, in the course of fifteen Years before a drop of blood was drawn at Lexington. —John Adams to…

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Venezuela Shuts Down Two Cryptocurrency Exchanges

The government of Venezuela has taken action against two cryptocurrency exchange operators in the country. Both of them allow customers to convert between a number of cryptocurrencies and bolivars and send remittances abroad. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Operation Paper Hands The Venezuelan government’s “Operation Paper Hands” began a new phase this week “with the dismantling of 3 illegal remittance houses: Intercash, Rapidcambio, and Airtm,” according to the country’s Prosecutor General, Tarek William Saab. He described: Operation Paper Hands is the largest anti-litigation procedure in the…

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Is the Mt. Gox ‘Bitcoin Whale’ Gearing Up for Another $170M Selloff?

Nobuaki Kobayashi, the infamous bitcoin whale, and the lead attorney for the Mt. Gox trust may be gearing up for another selloff. Another Round from the Tokyo Bitcoin Whale Kobayashi earned the moniker the “Tokyo bitcoin whale” when he sold $400 million worth of bitcoin and Bitcoin Cash from December 2017 to February 2018. The crypto sale is part of the efforts to pay off the credits of the defunct Mt. Gox bitcoin exchange that went bankrupt in 2014 after a major cryptocurrency hack. The Tokyo bitcoin whale, Nobuaki Kobayashi Cryptoground, which…

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Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge

When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were decidedly bearish on the asset class. The firm recently surveyed a small group of institutional investors, and they appear to see cryptocurrencies poised for a breakout year. To help such investors make informed choices in…

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Blockchain Technology Adoption could Kickstart Cashless Economy in the U.S.

Rod Garratt, a former Fed executive believes blockchain technology will soon kickstart a full-blown cashless economy in the United States. Cashless economy implementation has been a decidedly difficult task due to gross mistrust of the government by the American people. Garrett, however, believes that blockchain technology might hold the key to actualizing a truly cashless society in America. The Sweden Cashless Economy Example Garratt identified Sweden as an example of a functioning cashless economy. In Sweden, cash accounts for less than 1.2 percent of the country’s GDP. Many businesses in…

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Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

As author William Gibson memorably observed, “The future is already here — it’s just not very evenly distributed”. Today’s clutch of stories attest to that. Blockchain air taxis, dual forks, and digitally scarce pillow cases may not be the future we dreamed of, but it’s the one we’ve gotten. Welcome to the weekend edition of Bitcoin in Brief. Also read: Bitcoin in Brief Friday: World Satoshi Summit Canceled, Pump and Dump Scheme Exposed From Bitcoin Private to Bitcoin Prime Bitcoin Private developer Rhett Creighton is Bitcoin Private no more. He’s been…

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