Consensus 2018 Updates | Blockchain Hype, Falling Prices, Another Heist; It’s Not All Positive

Consensus 2018 Updates: The Consensus summit is an industry event famed for creating excitement and price hikes in the cryptosphere. However, while there was much positive news to write home about, the Consensus also shed light on some not-so-encouraging opinions and facts. Here are some areas of concern to take away with you from this years summit… Prices Fell Bitcoin price fell again on Tuesday – right in the middle of the summit. This could be attributed to the differing opinions from highly respected figures, which were on display at…

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Federal Reserve President Predicts Complete Crash

The cryptocurrency market hasn’t gained momentum despite several underlying developments in the last two months. Bitcoin and the rest of the virtual currencies lost the majority of gains that they achieved at the beginning of the month, pulling out almost $90 billion from the total cryptocurrency market capitalization in the last two weeks. Although the New York consensus conference couldn’t help bulls create a substantial rally, St. Louis Federal Reserve President James Bullard’s remarks have raised several questions over the future of cryptocurrency markets. Source Image: coinmarketcap.com The cryptocurrency market pulled back…

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Tel-Aviv Stock Exchange Turns to Blockchain for New Lending Platform

The Tel Aviv Stock Exchange (TASE) is teaming up with Accenture and The Floor, an Israeli fintech hub, to build a blockchain securities lending (BSL) platform aimed to allow direct lending of all financial instruments. The BSL will act as a “one-stop-shop for all securities lending activities, permitting access to larger securities volumes within shorter time-frames, even operating in shorter-term positions,” a press release states. With the use of distributed ledger technology from blockchain consortium Hyperledger, the platform is designed to reduce costs, increase security and provide more flexible lending…

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Consensus 2018 Highlights | Find Out What You Missed in NYC This Week

Consensus 2018 has come to an end. Instead of feeling upset, now is the time to reflect on all the news that various organizations announced. So, without further adieu, here are some Consensus 2018 highlights. Consensus 2018 Highlights Regulation at Consensus 2018 Regulation and the crypto industry go hand in hand. Therefore, it wasn’t a surprise that crypto regulation was discussed at Consensus 2018 and NYC Blockchain Week. During a panel, it was announced that while United States regulators are continuing to look into virtual currencies and ICO’s, there is…

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‘Big Short’ Investor Steve Eisman On Bitcoin And Crypto | CNBC

Steve Eisman, Neuberger Berman portfolio manager, speaks with CNBC’s “Squawk Box” about bitcoin and blockchain, and whether he’d short digital currencies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News…

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Bitcoin Price Will Reach Record Highs This Year: Fmr. JPMorgan Trader

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price entered another bearish trend this week after failing to pierce $10,000 earlier in the month. The flagship cryptocurrency now sits more than 58 percent below the all-time high it set in December, but one former JPMorgan trader remains confident that it will trade above $20,000 before the year is out. Danny Masters, who now serves as chairman of investment firm CoinShares, told CNBC that, despite last year’s parabolic run-up, the cryptocurrency is still…

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NY Grants Fifth-Ever BitLicense to Crypto Exchange Genesis Global Trading

Genesis Global Trading has obtained a BitLicense from the state Department of Financial Services (DFS), making it only the fifth firm in three years to receive the controversial license. The cryptocurrency exchange, based in New York City, and DFS announced the news in separate press releases Thursday. In the regulator’s release, New York financial services superintendent Maria Vullo said, “New York continues to lead the nation in regulating the growing fintech industry.” But the BitLicense has come in for intense criticism from cryptocurrency entrepreneurs. Speaking at CoinDesk’s Consensus 2018 conference Tuesday, ShapeShift…

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Korea Customs Authority to Test Blockchain Clearance System for Imports, Exports

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Korea Customs Service (KSC) is reportedly due to test a blockchain-based system to verify data and shipments during imports and exports with over 50 companies domestically. According to the Korea Times, the KCS is developing a customs data platform powered by blockchain technology in an effort to boost enhance the efficiency of a customs-clearing process that has long-relied on paper and is notoriously inefficient due to human error. Specifically, the real-world test will check if…

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Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump

Join our community of 10 000 traders on Hacked.com for just $39 per month. The cryptocurrency market has slightly rebounded by $7 billion over the last 24 hours, despite the struggles of bitcoin, ethereum, and other major cryptocurrencies in the global market. Augur Deploys Smart Contracts On Ethereum Mainnet Earlier today, on May 17, the Augur team announced that after years of development, the smart contracts of Augur will be live on the Ethereum mainnet on July 9, 2018. The official announcement of the Augur team led the market to…

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Bitcoin Price Watch: BTC/USD Struggling Near $8,500

Key Points Bitcoin price found support above $8,000 and recovered nicely against the US Dollar. There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $8,500 resistance the 100 hourly simple moving average to gain momentum. Bitcoin price is struggling to break the $8,500 resistance against the US Dollar. BTC/USD may trade in a range above $8,200 before the next move. Bitcoin Price Analysis After forming a base around the $8,080,…

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