Cryptochartist.com News press releases about ICOs, digital currency, fintech, blockain and related topics
Some industries change rapidly while others take their time to adapt to new technology. Traditional advertising, specifically traditional OOH (out of home) advertising, still conjures Mad Men style images of cigarette holding, suit-wearing men strategizing billboard ad copy. As many industries continue to dive deep into digital, advertising is actually keeping pace. DOOH (digital out […]
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Institutional-focused crypto exchange Seed CX is launching a new wallet solution aimed at adding security and transparency for its customers. The company, which raised $15 million in funding last fall, announced Thursday that its new wallet features on-chain settlement, and provides each customer a unique wallet rather than using omnibus wallets. Provided through its settlement […]
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It’s not a bear market for everyone. “A crypto winter for the price is a crypto summer for attorneys,” said Jason Civalleri, adjunct professor at the University of New Hampshire Law School. “As the price sinks, you have a lot of demand for legal services.” That’s why UNH Law is rushing to offer a new […]
Continue ReadingVenezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week, addresses a number of actions taken by the U.S. in recent years, claims that the country is infringing on Venezuela’s rights under the General Agreement […]
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Stockholm-based startup Bitrefill now offers a way to mitigate bitcoin’s expensive learning curve for new users. Revealed exclusively to CoinDesk, Bitrefill’s new Thor service allows people to give lightning channels to someone else with no setup on the recipient’s side. Lightning was created to allow cheaper, off-chain bitcoin payments. Bitrefill’s John Carvalho told CoinDesk: “Thor allows […]
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Crypto exchange ShapeShift has announced a round of layoffs, citing a range of difficulties including a tough market climate. In a blog post published Tuesday, CEO Erik Voorhees wrote that the startup had laid off 37 employees, or a third of its staff. He described the process as “a deep and painful reduction, mirrored across […]
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The Stellar Lumens (XLM-USD) Bitcoin (BTC-USD) trading pair (XLM/BTC) had itself, up until Jan. 7, in a falling wedge pattern, setting the template for a quick bounce to the upside. The question is what happens after this bounce in ratio and the outlook for the rest of January. Fundamental Outlook The XLM token was recently […]
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Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, hardware. […]
Continue ReadingPast performance is no guarantee of future results, but when history repeats it can be difficult to ignore the potential implications. Such is the case with price chart of ether, the ethereum network’s native cryptocurrency. Since Sept. 2018, the price chart of the world’s second largest cryptocurrency has mimicked the market structure of bitcoin’s bear […]
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San Francisco-based cryptocurrency exchange Kraken has said that the cost of handling government subpoenas is fast becoming a “barrier to entry” in the U.S. On Saturday, the exchange tweeted an infographic from its “2018 Transparency Report,” indicating that the law enforcement and other inquiries it has received from various government agencies around the world have […]
Continue ReadingThe price of bitcoin, the world’s largest cryptocurrency by market capitalization, jumped 6.5 percent Sunday to rise back above $4,000, its highest point in two weeks. CoinDesk data shows bitcoin’s (BTC) price spiked $262 on Monday at 17:10 UTC to $4,063, a move accompanied by a large injection of volume. At press time, bitcoin is up […]
Continue ReadingAjit Tripathi is a partner at ConsenSys, where he specializes in global financial services business development and corporate venture strategy. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. One year ago, I wrote an article for CoinDesk in which I humbly argued that the price of ether didn’t matter and what everyone […]
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When Frank and Nikki McKeever founded their small art retailer in Florida in 2012, they never could have imagined that cryptocurrency would become an integral part of their business. In September 2017 – a period of surging cryptocurrency prices and publicity – the Lynx Art Collection began offering crypto-themed artworks with litecoin, monero, ether, and […]
Continue ReadingFarzam Ehsani is co-founder and CEO of VALR.com, a digital asset trading platform. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. In 2018, as cryptocurrency prices declined, the corporate-blockchain-marketing machine continued to hum unabated. Corporates continued to issue press releases about their “world-first” blockchain implementations that were going to solve the world’s […]
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Stablecoins may qualify as “money” under Texas law, according to updated guidance from the state Department of Banking. A memo published Wednesday by Texas Banking Commissioner Charles Cooper outlines how cryptocurrencies are to be treated under local and federal regulations, in particular adding details of how stablecoins backed by sovereign, or fiat, currencies may be […]
Continue ReadingThe China Banking Association (CBA), the country’s self-regulatory organization for the banking sector, is launching a new blockchain-based platform for trade finance. The platform was announced last week while the organization is in the process of rolling it out for live usage after several pilot programs aimed at improving the efficiency and security of trade finance transactions. […]
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Global uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008—their worst December since 1931—as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investors. Against this backdrop, the price of gold rallied […]
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Sid Kalla, CFA and Bradley Miles are co-founders of Roll, an open standard for social money on the ethereum blockchain. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Over long time periods, bitcoin’s returns have been uncorrelated to the stock, bond or commodity markets. Even though bitcoin has been highly volatile, adding […]
Continue ReadingA Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed on the Nasdaq exchange. Customers will be able […]
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The pairing of Litecoin (LTC-USD) with the US dollar finds itself pushing against a previous support that now functions as a resistance level. This is within the context of what’s increasingly looking like an inverted head and shoulders formation on the daily chart. This analysis piece will attempt to highlight the possibilities of price action […]
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