At the Lightning Hackday, it was hard to keep up with all the futuristic ideas for bitcoin’s layer-two, but some devs are focusing on the basics.
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Crypto Price Tracking App CoinTicker Installs Backdoors to Control Host Computer Report
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NBC Crypto Trader Host Ran Neuner Claims Coinbase Will Soon Announce Its First IPO
n Ran Neuner, the CNBC Crypto Trader shows host, claims Coinbase is going to announce its IPO on air tomorrown
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Radio Free Asia: North Korea Plans to Host October Blockchain Conference
The post Radio Free Asia: North Korea Plans to Host October Blockchain Conference appeared first on DCEBrief.
Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin
Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below 0 billion in value, with Bitcoin struggling with the ,000 mark.
In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth million one day.
Jim Cramer Expects Price of Bitcoin to Stabilize At 0-,000
The cryptocurrency market is signaling a risk-off sentiment as market capitalization breaks below 0 billion and reverses gains obtained in late 2017. Adding to the negative sentiment is Bitcoin’s dominance, climbing above 50%, as traders hesitate to invest in altcoins.
With Bitcoin’s market capitalization heading down to 0 billion, Cramer took the opportunity to, indirectly, retract his bullish outlook on CNBC’s “Squawk on the Street“.
“I think the tide has turned against it […] I’m not saying its time has passed but there is a notion that the sun seems to be setting.”
Days earlier, Cramer had CyberArk CEO Udi Mokady on his show “Mad Money” where they talked about the use of Bitcoin and other cryptocurrencies for criminal purposes. Mokady told Cramer that ransomware has been a driver of demand for Bitcoin.
“That’s the requirement of most of these hackers. Many companies choose to buy bitcoin in some state or fashion and pay them off.”
On another episode of “Squawk on the Street” which was recorded in June 2018, Cramer used the ransomware argument to agree with Business Insider CEO Henry Blodget’s prediction that bitcoin could go to million.
“I think it could because the European banks are frantically trying to buy them so they can pay off ransomware. It’s a short-term way to be able to deal with cybersecurity. It is the way to pay off the bad guys.”
As he argued that the price of Bitcoin is unlikely to return to the highs seen in December 2017, when it reached its all-time highs at the ,000 area, Cramer hinted that he expects the price of the virtual currency to continue its downward trajectory and stabilize between 0 and ,000.
Cryptocurrency analyst Willy Woo does not share the bearish long-term outlook for Bitcoin as he said there is a lot of buying going on behind the fear and capitulation in the market.
The price of cryptocurrency has been under pressure in recent days as it broke key supports, namely a contracting triangle that was breached with support at ,350 on the hourly chart of the BTC/USD pair. Above ,050 and ,100, the next major resistance is near the ,200-6,280 zone. Bitcoin is trading at ,130 at the moment of writing.
Featured image from Shutterstock.
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FTC to Host Consumer Protection Workshop on Cryptocurrency Scams
The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.
CoinDesk
EU Commissioner to Host ‘High Level Roundtable’ on Cryptocurrencies
A European Union commissioner plans to hold a meeting of public and private sector stakeholders to discuss the impact of cryptocurrencies.
CoinDesk
Post Malone and 21 Savage Host Crypto New Year’s Eve at the Legends Room
Las Vegas–The Legends Room, the world’s only blockchain-based nightclub, rings in 2018 with two of the hottest names in music -Post Malone and 21 Savage on New Year’s Eve.
The Legends Room is the only nightlife venue anywhere in the world that accepts bitcoin, ethereum and other digital currencies for services including New Year’s Eve tickets and tables. The club even has its own digital token that trades under the symbol LGD on the Bittrex exchange. Users of the club’s token receive special benefits such as preferred seating and pricing.
“Bitcoin is one of the biggest stories of 2017 and Post Malone and 21 Savage are two of biggest artists of the year. This combination is a perfect only in Las Vegas moment,” added Nick Blomgren founder of the Legends Room.
Ticket prices start at .00 for one (1) female general admission ticket with private spaces and tables ranging from 0 to ,000 for a stage-side VIP space for up to 20 guests. Tickets include an open bar, complimentary bottles and heavily passed appetizers until 12 a.m based on various tiers.
In addition to digital currency, the Legends Rooms accepts all forms of traditional payments such as cash and credit cards.
Tickets are on sale at www.legendsroomlv.com.
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Manila to host Blockchain & Bitcoin Conference Philippines
On January 25, Manila for the first time will host Blockchain & Bitcoin onference Philippines, an event dedicated to cryptocurrency, blockchain and ICO.
Philippines is a pioneer in the digital assets regulation
At the end of November 2017, the Philippines` Securities and Exchange Commission announced its intention to introduce cryptocurrencies in the legal field. This means that soon the state can become one of the pioneers in the field of regulating digital assets. Legislative security will positively affect the popularity of the Philippines in the crypto community.
Participants are crypto industry professionals
Crypto experts from all over the world will take part in the event: representatives of financial institutions, bankers, entrepreneurs, investors, lawyers, developers of blockchain solutions, startups and professional traders.
Guests will enjoy not only the conference, but also an exhibition
The event takes place in the format of a conference + exhibition, which simplifies the search for potential business partners. Within the conference, speakers will discuss legislative changes in the field of cryptocurrencies and tokens in the Philippines, share the experience of preparing a startup for the ICO, advise which digital assets should be invested in the new year and tell about the benefits of blockchain for business.
Representatives of the international crypto community will gather in the exhibition area: suppliers of mining equipment and farms, crypto exchanged, blockchain projects and investment funds.
The event is held by the international company Smile-Expo
The organizer of the event is Smile-Expo, the company that conducts events of the Blockchain & Bitcoin Conference network in 15 countries of Europe and Asia.
Venue: Edsa Shangri-La Hotel, Manila.
Follow the news on the official website of Blockchain & Bitcoin Conference Philippines.
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All about blockchain, ICO and cryptocurrencies. Moscow to host Blockchain & Bitcoin Conference
On November 15-16, Sokolniki ECC will host Blockchain & Bitcoin Conference Moscow, the largest event in the CIS dedicated to blockchain and cryptocurrencies. Local and foreign experts will tell about the cryptocurrency market, organization of ICO, investing in tokens, as well as how to profitably integrate blockchain into your business. In its turn, the exhibition … Continue reading All about blockchain, ICO and cryptocurrencies. Moscow to host Blockchain & Bitcoin Conference
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