coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

DNotes Global Announces Its DNotes Digital Currency Is Now Listed For Trading On stocks.exchange
The recently upgraded version of DNotes will join major cryptocurrencies like Bitcoin, Ether, and Litecoin, as well as a host of altcoins that are actively traded on the exchange. “With DNotes 2.0, we’ve accelerated our push to achieve real adoption of digital currency on a global scale” says DNotes co-founder Alan Yong. “As part of that effort, DNotes has added a new blockchain transaction invoice system that attaches an invoice number to any DNotes transaction – something that was specifically designed to simplify digital currency adoption for merchants who might otherwise be forced to use third-party solutions to manage crypto transactions. We’ve also improved our CRISP savings program and will be adding other new features in the near future.”

Denmark Joins EU Blockchain Partnership
Denmark plans to implement blockchain in shipping. Brian Mikkelsen, the Danish Minister for Industry, Business and Financial Affairs, said Denmark will be “the first country in the world [to] use blockchain technology to register ships in the Danish ship registers.”

Slovenia Opens First Bitcoin City
Coingeek is featuring a story on the first ‘Bitcoin City. It’s located just outside of the Slovenian capital in Ljubljana. “The huge former shopping destination stretches over a massive 475,000 square metres and has over 500 retail stores. The complex dubbed ‘BTC City’ also received a boost of late when the country’s outgoing Prime Minister, Miro Cerar visited the site. He added a certain common touch to proceedings by buying a cup of coffee using a cryptocurrency payment gateway.”

GMO Unveils Japan’s First-Ever Bitcoin Mining Rig
CCN reports Tokyo-based tech services company GMO Internet has this week unveiled the first bitcoin mining rig wholly-developed by a Japanese company.

Image courtesy of Carty Sewill, http://cartyisme.com/

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Crypto Start-up Gives Millions to Top Schools to Encourage Blockchain Adoption
San Francisco-based Ripple has announced the University Blockchain Research Initiative – a partnership with 17 top universities from around the globe focused on supporting and accelerating “academic research, technical development and innovation in blockchain, cryptocurrency, and digital payments.”

Samsung SDS Unveils Blockchain-Based Finance Platform Nexfinance
Samsung SDS unveiled Nexfinance, a platform that will offer services such as digital identity, finance concierge, an artificial intelligence virtual assistant, and automatic insurance payment, according to ZDNet.

Bitcoin May Finally Be Bottoming, Chart Watcher Says
Rob Sluymer, a technical strategist at Fundstrat Global Advisors, sent a note to clients, as reported by MarketWatch, “While it is premature to conclude the correction is over, there was a positive technical development this week suggesting the first stage of a three-stage bottoming process is developing.”

Bitcoin, Ethereum and Ripple Price Predictions
The three main Cryptocurrencies kept their bullish profile over the weekend. FXStreet analyzes the three, “This is a very particular technical scenario, as each one of this trio of Cryptos has its own different scenario, but with similar results in the price action.”

Image courtesy of Carty Sewill, http://cartyisme.com/

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Buy Bitcoin Now While It’s Still Cheap, Says Cryptocurrency Hedge-Fund Owner
In an interview by CNBC, Dan Morehead, founder of Pantera Capital Management said, “Cryptocurrencies are cheap right now. So it’s a good time to buy.” Bitcoin is down more than 50% from December 2017 highs.

More People Opening Crypto Trading Accounts In Brazil Than Traditional Securities
Forbes reports more people are opening cryptocurrency trading accounts in Brazil than traditional brokerage accounts and that “at least two new cryptocurrency exchanges are in the works.”

Bittrex Strikes Agreement With Bank To Offer USD Deposits and Trading Pairs
BlockExplorer’s Tony Spilotro says, “The Seattle-based cryptocurrency exchange Bittrex has revealed that the firm has struck an agreement with a United States bank to allow some of its customers to trade cryptocurrencies in USD, along with making USD deposits to the exchange’s wallets.”

Could Blockchain Be The Missing Link In Electronic Voting?
A special feature by ZDNet explores the issues with the current means of casting votes and keeping votes safe. “Some say blockchain is the answer, but are they expecting too much?”

Image courtesy of Carty Sewill, http://cartyisme.com/

coin renders

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Bitcoin Price Could Be In For A Boost As World Cup Fans Descend On Russia
Hotels in the Russia city of Kaliningrad — which will be playing host to some of the World Cup’s games — are accepting Bitcoin as payment. Forbes reports some airlines and travel agents, as well as bars will also be taking the cryptocurrency.

Bittrex Strikes Agreement With Bank To Offer USD Deposits and Trading Pairs
BlockExplorer’s own Tony Spilotro reports “The Seattle-based cryptocurrency exchange Bittrex has revealed that the firm has struck an agreement with a United States bank to allow some of its customers to trade cryptocurrencies in USD, along with making USD deposits to the exchange’s wallets.”

The Humanitarian Side of Bitcoin
International Policy Digest has a thoughtful piece on how Bitcoin can help a socioeconomic crisis such as the one in Venezuela, a country actually going out of their way to ban Bitcoin. “Bitcoin, Blockchain and the whole host of other cryptocurrencies and related media have a real shot at not simply being the ‘next big thing’ as their acolytes incessantly seem to preach. They actually can help change lives for the better through circumventing oppressive state bureaucracies and structures in inspired acts of cryptocurrency-based agorism.”

Litecoin Founder Charlie Lee: LTC Network Extremely Secure, Mining Healthy
CryptoSlate says “Litecoin founder Charlie Lee has taken to Twitter to address community concerns regarding the Litecoin network sparked by a cryptocurrency security site that tracks the cost of launching a 51% attack against proof of work cryptocurrencies.”

Image courtesy of Carty Sewill, http://cartyisme.com/

The Seattle-based cryptocurrency exchange Bittrex has revealed that the firm has struck an agreement with a United States bank to allow some of its customers to trade cryptocurrencies in USD, along with making USD deposits to the exchange’s wallets.

In a move that was first teased by Bittrex CEO Bill Shihara on the podcast UnikrnRadio, Bittrex will allow corporate clients in select states buy cryptocurrencies such as bitcoin using the United States fiat dollar. Bittrex offers over 200 different cryptocurrencies in total, though only a few will have USD trading pairs.

The first trading pairs of BTC, TUSD, and USDT have been detected by Twitter user BitMartian’s “Apollo” bot that’s used to send a popular Discord group notifications on exchanges listing new coins or trading pairs.

The crypto firm is said to be working with New York-based Signature Bank to custody any funds in USD.

CEO Bill Shihara told Bloomberg in an interview, it’s been a long path,” adding:

“It’s not just about banks being able to trust Bittrex. It’s about banks being able to trust crypto in general. And I think it’s really showing that crypto is turning the corner in terms of mainstream acceptance.”

Shihara notes that part of striking the deal required potential bank partners to “look and pore through the entire business… soup to nuts”, ensuring “robust” anti-money laundering and know your customer standards are in place, among other security measures.

USD trading is available as of today to only a portion of Bittrex’s 3 million customers, specifically corporate customers in the states of Washington, California, New York, and Montana. The exchange plans to expand to include additional states and eventually all retail investors in the future.

Last month, Bittrex reopened new user registrations after shutting down signups in December 2017 due to the rapid influx of new investors during bitcoin’s media frenzy.