Bitcoin Price Tumbles Further: New Low for the Coin

Bitcoin Price

Bitcoin price is tumbling further today, dashing any hopes of a rally that some felt was certain thanks to current extreme oversold conditions.

The world’s largest coin by market cap is currently selling for $3,301.60 USD according to coinmarketcap.com. But earlier today, it fell to $3,200, representing a 15-month low for Bitcoin and not helping bulls’ hopes for a revival.

This is the lowest level since September 2017.

Bitcoin Price Drop

In the last four weeks alone, Bitcoin has dropped 49% in price. Surely, sellers are exhausted, and Bitcoin is set to ...

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You Can Earn Bitcoin (BTC) While Shopping with the Lolli App

Lolli app

Do you shop frequently at Sephora? Lululemon? Walmart? If you do, a new in-browser app has emerged and wants to give you Bitcoin (BTC). CoinDesk just reported that the app called Lolli just added Sephora to their list of retailers.

Earn Bitcoin (BTC) While Shopping

Lolli gives shoppers cash back after they make purchases at their list of partnered retailers. The Bitcoin rewards startup told CoinDesk that it recently won over Sephora by data. Around 30 percent of Lolli’s active users are women.

"We've gone back to a lot of these retailers that previously ...

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Crypto Users Increased to 35 Million in 2018: What Will 2019 Bring?

crypto users

As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users in 2018 doubled.

Well, almost.

Crypto Users in 2018

On Wednesday, December 12th, the Cambridge Centre for Alternative Finance published a study detailing the number of ‘verified’ crypto users the sector gained in 2018. The figure was over 15 ...

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Ethereum (ETH) Constantinople Hard Fork Nears and ETH Hacks Rise

Ethereum eth

Two days ago, brand new code was released on GitHub that had a Constantinople activation time within it. The post reads that Geth, or ‘Go Ethereum,’ is a special release and a hard fork will take place on the Ethereum (ETH) mainnet at block 7,080,000. This new hard fork is expected to take place around January 16th, 2019.

Ethereum (ETH) Constantinople

#Ethereum Constantinople mainnet hard fork scheduled for block #7080000, estimated around the 16th of January, 2019!

— P?ter Szil?gyi (@peter_szilagyi) December 7, 2018

Ethereum’s co-founder, Vitalik Buterin, re-tweeted the ...

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Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

Orbs blockchain

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform.

Orbs Blockchain Raises $15 Million

Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example."

It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects.

The latest investment will “focus on helping Orbs further the protocol's development and ...

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Is Bitcoin ABC the Real Bitcoin Cash? OKEx Thinks So!

Bitcoin ABC

OKEx has officially taken sides in the Bitcoin Cash hash war. According to an official statement made by the Malta-based cryptocurrency exchange today, it will list Bitcoin Cash ABC under the original Bitcoin Cash (BCH) ticker.

Bitcoin ABC Wins with OKEx

The statement reads:

“We will change the ticker of Bitcoin Cash ABC from BCHABC to BCH, and that of Bitcoin Cash SV from BCHSV to BSV at 5am Dec 13, 2018 (CET, UTC +1). At the same time, spot trading of BCHABC and BCHSV will also be suspended. All remaining balance of the ...

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Denmark Crypto Taxes: It’s Making Sure You Pay Em!

Denmark Crypto Taxes

There’s no getting around Denmark’s tax agency, Skattestyrelsen, so don’t even try. The agency is pursuing Denmark crypto taxes with vigor and is leaving no stone left unturned!

Denmark Crypto Taxes

Skattestyrelsen has confirmed that approximately 2,700 individuals owe taxes on Bitcoin gains, according to a release it made earlier.

These individuals reportedly bought and sold Bitcoin via a Finnish cryptocurrency exchange between 2015 and 2017. However, they have yet to declare any profits or losses on their tax documentation. Whoops!

It’s now an agency priority to chase down these people and ...

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Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

Blockchain Phone

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities.

Blockchain Phone

It started with Sirin Labs, whose pioneering phone ‘Finney,’ let people store and use digital currencies without transaction fees. Then HTC came to the party with the world’s second blockchain phone called Exodus 1. This phone boasts a “Social Key Recovery” function that lets a user use ...

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State Farm is Now Testing Blockchain Technology for Auto Insurance Claims

State Farm

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday.

State Farm Testing Blockchain Technology

According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts in mutual funds.

"Today, subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers," said Mike Fields, innovation executive of State Farm. "You can imagine the time ...

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Major Brands Are Now Using Blockchain Tech for Customer Loyalty

Blockchain Tech

Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to maneuver between the numerous club cards in their wallets and online, often finding it difficult to keep track of their point status and where they can be redeemed.

While cryptocurrencies made a splash in recent years, making headlines and causing general ...

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Crypto News: EOS Surges and Ripple Exec Says He isn't Phased by Bull Market

crypto news

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market.

EOS Surges as Other Coins Fall

EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a wave of criticism as of late for its lack of decentralization. This weekend, EOS jumped up more than 16%.

At this time, it remains unclear why the coin surged so much.

Coinbase is exploring the addition ...

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World of Ether is Now Live! Game on

World of Ether

The highly anticipated crypto-collectibles dApp, World of Ether (WoE), has officially launched its mainnet!

World of Ether is LIVE!! Start exploring at https://t.co/gzqosL76JV pic.twitter.com/cxM9p7ZYyN

— World of Ether (@WorldofEther) November 24, 2018

World of Ether

World of Ether is a blockchain-based game that is centered around collecting, breeding, fighting, and selling monsters. The developers behind the game have created a multi-level rich, interactive world, held entirely on the Ethereum blockchain. WoE is very similar to that of Pokemon, where there are five different ‘types’ of monsters. Each type holds its ...

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Cryptocurrency Downturn: A Tough December All Around

Cryptocurrency Downturn

The cryptocurrency market is taking a tumble again today, marking another crypto downturn for what has been a tough December. BTC has fallen another 11% in the last 24 hours. It had previously fallen 8% only one week ago today.

At the time of writing, the world's largest coin is selling for $3,287 USD.

Cryptocurrency Downturn

Ripple and Ethereum, the second and third largest cryptocurrencies by market value, have also declined in the last 24 hours. And the losses are great; XRP fell 10.16% and Ethereum an even bigger 15.56% according to Coinmarketcap.com.

...

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Crypto Playing Cards: New Cards that Will Help Crypto Adoption

Crypto Playing Cards

Crypto wants to switch up the financial sector. Why not do so while playing cards!? A Switzerland-based company is now selling Crypto Playing Cards online.

Crypto Playing Cards

There are no Clubs, Spades, Diamonds, or Hearts in this deck. Rather, the cards are all about cryptocurrency. Players will play their hand with the specially designed crypto suits of Bitcoin, Ethereum, Litecoin, and NEO.

According to the company:

“Every suit has different dominant colors and each character was specifically designed to proudly represent its cryptocurrency. The playing cards are crafted from premium cardstock ...

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The US Department of Homeland Security Offers $800K for Blockchain-Based Anti-Forgery Software Development

The US Department of Homeland Security

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation.

US Department of Homeland Security and Blockchain

The DHS, through its unit Science and Technology Directorate (S&T), will distribute the non-dilutive funds in four phases. The department chose the non-dilutive route so that the entity doesn’t need to sell equity in order to receive the funding. The funds will be distributed through ...

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Will the US Air Force Soon Be Using Blockchain for Supply Chain?

US Air Force

The grad school for the United States Air Force just developed a tool to help supply chain professionals learn about blockchain. The US Air Force Institute of Technology (AFIT) released its free tool in hopes of advancing the current infrastructure built around supply chain management.

This news was released by the US business journal Modern Materials Handling (MMH) back on December 3rd.

US Air Force and Blockchain Technology

AFIT has put together a live application that is paired with a set of video tutorials. This application can be accessed from any smartphone or computer. ...

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A Blockchain for Europe: A New Association Sets Out to Educate

Blockchain for Europe

It seems that blockchain ventures are popping up almost by the day. In order to promote understanding and regulation of blockchain and distributed ledger technologies (DLT), a ‘Blockchain for Europe’ Association has formed.

The latest endeavor comes from four already pretty major and renowned blockchain companies that have joined forces to establish the Association.

Blockchain for Europe

The four members of the association are Ripple, the NEM Foundation, Emurgo, and Fetch.AI.

But what’s the point of Blockchain for Europe? The companies want to address the European Union’s “fragmented” policy debate which surrounds ...

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Binance Blockchain: Binance to Launch the Binance Chain

Binance Blockchain

If it wasn’t enough for Binance to be the biggest crypto exchange by trading volume in the world, such is its popularity that it will now launch its own blockchain. Dubbed the ‘Binance Chain’ (give that genius a can of coke), the new blockchain is due to arrive in the “coming months” according to a Tweet today.

The Binance Blockchain

The Tweet gave a little more detail. It said the following:

"Binance is pushing for blockchain adoption and doing many things to help advancement of the industry. E.g. we will have the Binance chain ...

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NASDAQ Officially Confirms Launch of Bitcoin Futures in Early 2019

Bitcoin Futures

The world’s second-largest stock exchange in the world, the Nasdaq exchange, has officially confirmed its plans to launch Bitcoin futures in 2019. Late last week, unofficial reports surfaced of the exchange launching these plans, first reported by Bloomberg.

Joseph Christinat, VP of Nasdaq’s media team, spoke to the UK’s daily tabloid The Express yesterday and confirmed the plans. The VP states that these futures will be listed and launched in the first half of 2019--no official date has been given at this time.

Nasdaq Bitcoin Futures

The launch still remains subject to approval from ...

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CVS Health, Aetna, UnitedHealth Group, and Humana Trial Blockchain Technology for Healthcare

Blockchain technology for Healthcare

The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology.

Blockchain Technology for Healthcare

Humana, Multiplan, UnitedHealth Group’s Optum, Quest Diagnostics, and UnitedHealthcare are all a part of the group. The alliance is trying to figure out how blockchain technology can improve data quality and lower costs.

Blockchain tech entered into the mainstream media back in 2017. It’s surprising that these healthcare systems haven’t ...

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