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Ten Billion Coin is the Chinese Blockchain for Supply Chain, Storage, Finance, and More

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Bitcoin Press Release – Ten Billion Coin is a new blockchain designed to empower Chinese industries looking to leverage the power of distributed ledger technology to implement a fair platform where all transactions are recorded and transparent.   August 8th, 2019, Nantong, China The platform will allow existing companies to take advantage of this technology to provide transparent financial reports, supply chain managemenz, authentic product verification, customer usage and satisfaction reports, and etc. Ten Billion Coin is not trying to reinvent the wheel in blockchain, but rather help existing companies apply the advantages of the technology to their currently established business models to build stronger communities around their products or services via greater transparency. Ten Billion Coin’s goal is to help companies integrate blockchain technology as a tool … [Read More...]

Cryptocurrency Exchange Payfty Launches its Mainstream Crypto Adoption Trump Cards

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Bitcoin Press Release: Payfty, a licensed exchanged based in Estonia is driving cryptocurrency adoption through its new cCommerce platform and the creation of their own stable coin USDP. 10th of August, 2019, Estonia – In an effort to expand cryptocurrency adoption, Payfty is debuting the first ever crypto-focused cCommerce platform. The exchange will give customers the ability to buy and sell various day to day commodities using established cryptocurrencies such as Bitcoin. Through the expansion of commercial activity in the cryptocurrency space, Payfty aims to provide security and stability to the once volatile sector. With volatility as the pre-eminent roadblock to vendor acceptance of crypto-payments, Payfty has moved to minimize volatility risk with the creation of a stable coin known as USDP. By pegging USDP … [Read More...]

Chinese digital currency: A threat to financial privacy

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The people’s republic of China has been planning to launch a Chinese digital currency for the better part of the decade. China has been working for a state-run digital currency while at the same time, it is against all privately launched virtual currencies including cryptocurrencies. Chinese Digital Currency/ Electronic Payment system (DCEP) might be the […] [Read More...]

Analyst: Bitcoin Could Dump to $6,500 to Maintain Price Parabola

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As the Bitcoin consolidation continues, traders and analysts are scouring the charts again looking for the next direction. In the short term most are of mixed opinion but one analyst has predicted a big fall before any upward price momentum is resumed. Bitcoin Biding Its Time For more than two months now BTC has been range bound between mid-$9,000s and low $12,000s. The channel appears to be tightening with very little movement over the past week, but this has happened before. Price action is not linear and the asset is still highly volatile which means a larger swing could occur before any confirmed trend direction takes place. Trader and analyst ‘dave the wave’ has maintained that in order to stick to its growth curve, … [Read More...]

Bitcoin Price (BTC) At Risk Of Downside Break Below $10,200

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Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar. The price is struggling to climb higher and is approaching the $10,200 support area. There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could accelerate decline if it breaks the $10,200 and $10,100 support levels in the near term. Bitcoin price is showing a few negative signs below $10,500 against the US Dollar. BTC could struggle to recover above the $10,400 and $10,500 resistance levels. Bitcoin Price Analysis Recently, bitcoin price struggled to surpass the $11,000 resistance area against the US Dollar. As a result, there was a downside correction and BTC… [Read More...]

Daily Discussion, September 09, 2019

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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. We have a couple chat rooms now! General Price Talk Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]

Monthly Macro Support Tested With Impulsive Move

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Summary: Shortly after seeing a retest of macro resistance at $10,750, the bitcoin market saw a strong pullback that has us testing a monthly supply level of $10,300. The support retest came about on strong volume and high spread, but is currently showing signs of support exactly where the bulls would want to see the market find support.If we can hold the $10,300 level, I expect to see a strong continuation of our uptrend and for the price to ultimately break new highs above $11,000.However, if we fail to hold support we will most likely be visiting the low $9,000s for the fifth time. Trading and investing in digital assets like bitcoin is highly speculative and comes with many risks. This price analysis is… [Read More...]

Bitcoin Magazine’s Week in Review

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Bitcoin Magazine’s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. Mining Heavy-Handed Regulations Run Cryptominers Out of Iran Large-scale miners in Iran have begun to move abroad as a result of strict cryptomining regulations imposed by the government in early August 2019. After over a year of back and forth, the Iranian government finally recognized cryptomining as an industry, but it comes at a steep price for miners. The price of electricity offered to miners is equivalent to the average price at which Iran exports electricity to other countries. Many miners have decided to move to other countries, including Russia, Georgia, Kazakhstan and even Iraq as a result of prices they deemed to be uneconomical and noncompetitive. … [Read More...]

Bitcoin News Summary – September 9, 2019

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The post Bitcoin News Summary – September 9, 2019 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin. ?????? The US Securities and Exchange Commission finally approved a limited ETF. The Van Eck SolidX ETF will only allow institutional investors to get Bitcoin exposure via the traditional securities market, so a full ETF tradable by the general public is still pending. The Winkelvoss twins first proposed [Read More...]

Anthem Vault Acquires Bitcoin Bullion Vendor

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On September 22nd, Las Vegas–based precious metals vaulter Anthem Vault announced an acquisition of Denver, Colorado–based dealer Amagi Metals. Amagi Metals offers purchase of bullion with Bitcoin through BitPay, a payments processor used by over sixty-thousand businesses and organizations. Anthem Vault’s announcement assures customers that Amagi Metals will continue supporting Bitcoin payments. Megan Duffield notes, “Anthem Vault’s high-security storage options coupled with Amagi Metals’ crypto-friendly business model will provide clients with a one stop shop for all precious metal needs.” Anthem Vault offers secure storage for precious metals, whereas Amagi Metals ships directly to customers. Anthem Vault currently holds over US$2 billion worth of customer assets. Anthem Vault CEO Anthem Blanchard explains, “Our goal is to provide the precious metals community with … [Read More...]

City of Berkeley Moves Forward with Municipal Microbonds Program, Using BlockChain Technology

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On Tuesday night, the City of Berkeley took a big step forward in its plan to issue Blockchain based municipal bonds. The long-awaited BlockChain Community Microbond Initiative will now proceed via a Request For Information which will invite the industry to put forth qualified proposals. First introduced by District 3 Councilmember Ben Bartlett, the Microbond … Continue reading City of Berkeley Moves Forward with Municipal Microbonds Program, Using BlockChain Technology The post City of Berkeley Moves Forward with Municipal Microbonds Program, Using BlockChain Technology appeared first on CoinSpectator Blog. [Read More...]

Tolar HashNET mainnet officially launched

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4.0 blockchain revolution begins  On June 30, Tolar HashNET, an open-source, highly-rated, 4th generation blockchain, has officially launched its mainnet. This breakthrough tech features scalable, fast, secure, and fair transactions.  It employs Distributed Ledger Technology (DLT) and consensus algorithm which keep all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second.  Tolar HashNET mainnet is … Continue reading Tolar HashNET mainnet officially launched The post Tolar HashNET mainnet officially launched appeared first on CoinSpectator Blog. [Read More...]