Two New Blockchain ETFs, So What?

With the recent failure to get cryptocurrency Exchange-Traded Funds (ETFs) up and trading, the Nasdaq has listed ETFs this week by two companies that have shifted their focus to building portfolios of publicly listed companies with their hands in blockchain technology. On its face, this might seem like exciting news for blockchain and crypto enthusiasts looking to get some investment exposure in the technology. However, anyone reading the headlines should temper their expectations upon a deeper look. What are They? The two…

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Blockchain Company buys 67,000 acres of Land in Nevada, Next to Tesla and Google

Blockchains LLC, an Ethereum-focused software development company, purchased 67,000 acres at the Tahoe-Reno Industrial Center (TRI). The industrial park is the largest in the United States and includes occupants like Tesla, Google, and Switch. The industrial center hosts Tesla’s Gigafactory, possibly the largest building in the world. All Use Cases, All in One Place Lance Gilman, Storey County Commissioner, said: “From 15,000 feet (above ground view), I believe they envision a product that will showcase all of the capabilities of…

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Up 31,000% in 2017, This Cryptocurrency May Be the Next Ripple

Cryptocurrencies had a remarkable journey in 2017. It got bumpy here and there but overall, it was a joy ride for investors. When we look back in the rearview mirror, we feel content that most of our predictions have been on target. One of these particularly stands out. I’m talking about our NEM (XEM) price prediction for 2018. It is a relatively-lesser-known cryptocurrency, NEM (XEM), which has jumped 475% in the one month since our coverage, crossing the $1.00 mark…

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VISA and Mastercard make it harder to buy cryptocurrencies

Sometime in the last week Bitcoin investors started noticing additional fees on their bank statements. It turns out that VISA issuers and Mastercard decided (how convenient!) to reclassify the way Bitcoin and other cryptocurrency purchases are processed on their networks. Incidents like this pose several challenges for the cryptocurrency industry short-term, but also show just how scared the incumbents really are. Currently, if you want to buy bitcoin, ethereum or any other alt-coin instantly, the only option is to use…

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A History Of Bitcoin Price Collapses Over the Years

The price of Bitcoin has fallen a stomach-wrenching 64.5% since December 17, 2017. The combined market capitalization of the industry now stands at just $338 billion. That’s a big drop for any market. However, a price crash in Bitcoin or any other cryptocurrency is nothing new. Bitcoin dies and comes back to life on a regular basis. One website estimates Bitcoin’s death toll stands at 249 and counting, dating back to 2010. 2017 has been the most deadly with 109…

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Senate cryptocurrency hearing strikes a cautiously optimistic tone

In a hearing today before the Senate Banking Committee, Securities and Exchange Commission Chairman Jay Clayton and Commodity Futures Trading Commission Chairman Christopher Giancarlo opened up about what the near-term U.S. regulatory fate of cryptocurrency might look like. In a week of plunging prices and bad news, the hearing struck a tone that coin watchers could reasonably interpret as surprisingly optimistic. Over the course of the open hearing, Clayton and Giancarlo traded testimony over what canbe regulated, what should be regulated and how, while offering a broader outlook on the…

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Commodity Merchant Louis Dreyfus Trials Blockchain for Soybean Trade

Louis Dreyfus, a major commodities trading company, has announced that it has piloted a blockchain-based transaction system developed by a group of financial institutions including ING. In addition to Louis Dreyfus, one of the world’s largest commodities traders, the test involved Shandong Bohi Industry Co., Ltd (Bohi) and financial institutions ING, Societe Generale and ABN Amro. The Easy Trade Connect (ETC) platform, as previously reported by CoinDesk, grew out of efforts at ING and has been subject to testing by…

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Waltonchain: Business Ecosystems and the IoT

Named after Charles Walton, the man who came up with the idea of patenting the RFID in the not so far 1983, Waltonchain is one of those coins that you should keep your eye on. In case you have just heard of this coin it might be a little late to plan on getting big money for a couple of dimes as Waltonchain has already reached a price of a bit over 30$ per one unit, which is a great success…

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More Forking Forks in 2018?! (BTCP, BTC, and ZCL Analysis)

Forked coins dominated the atmosphere in 2017, with the Ethereum we are all familiar with being a Fork of ETH Classic. Bitcoin had many forks in 2017; Bitcoin Cash, Bitcoin Gold, and Bitcoin God to name a few. The question persists is there any value to these forked coins? Yes. The most valuable fork of them all, in the author’s opinion, is coming within thirty days; Bitcoin Private. What is a Fork? To keep it simple there are two types…

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Top Two Crypto Buys: Monero (XMR) and Ethereum (ETH)

The cryptocurrency space has taken something of a hit over the last twenty-four hours, with many of the major assets currently in the red as compares to pricing this time yesterday. In fact, take a look at the top thirty coins by market cap and only one – Tether (USDT) – currently sits in the green, with even that gaining less than 1% and, in all honesty, Tether isn’t really a coin that can be looked at from a movement/implications…

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