Crypto Coin News and Updates

December 18, 2017

US Prosecutors Rush to Sell Bitcoin Confiscated in Drug Bust

US prosecutors are rushing to auction $8.5 mln worth of Bitcoin, seized in a drug ring bust in Utah. After seizing Bitcoin from a criminal drug ring, attorneys in the state of Utah are in a rush to sell the valuable cryptocurrency, as reported by the Time Magazine. A year ago, 27-year-old Aaron Shamo was arrested in Cottonwood Heights, Utah on multiple drug dealing charges. According to Time Magazine, he was involved in the sale of opioid-containing pills on a dark web marketplace. The pills ..
December 18, 2017

Stablecoins to Rule Them All

Trading cryptocurrencies can be a wild ride, and it is definitely not for the faint-hearted. There is no regulation, no protection, and no safety net, but for many, this is the appeal. However, what if there was a coin that had the best of both worlds: some stability and regulation but all of the technical advantages of the blockchain network? The concept of a stablecoin is one that has real world value in either fiat or solid assets. The newest altcoin to the crypto scene to attempt this is Te..
December 18, 2017

England Not Taking Bitcoin Seriously

An English regulator believes investors will lose all their money in Bitcoin. As Bitcoin’s bull run begins to settle above the $16,000 mark, financial institutions and regulators are still skeptical of the meteoric rise in value. England’s Financial Conduct Authority (FCA) Head Andrew Bailey maintains that Bitcoin is a speculative bubble and new, green investors are going to lose the money they’ve invested in the cryptocurrency. As quoted by The Independent, Bailey hit out at the decentralize..
December 18, 2017

Bullish Moas – Bitcoin Destined For Another 500% Rise

Ronnie Moas says Bitcoin is destined for another 500% rise. Having successfully predicted recent Bitcoin highs, Standpoint Research Founder Ronnie Moas sees lofty highs for the preeminent cryptocurrency in the next year. In August, the billionaire former hedge fund manager tentatively forecasted Bitcoin’s rise to the $20,000 mark in three years, but his timelines were quite off the mark. Two months later, amid the start of Bitcoin’s outrageous bull run and talk of the launch of futures trading..
December 18, 2017

Bullish Momentum Could Push Ethereum Price to $750

Things are looking pretty good for all cryptocurrencies in general. Even though Bitcoin struggles to break the $20,000 resistance, all altcoins are slowly catching up again. In the case of the Ethereum price, we will most likely see a new all-time high in the next 24 hours. With the Ethereum price now holding its own above $735, surpassing the previous ATH of $744 shouldn’t be overly difficult. Ethereum Price Shows Bullish Flashes It is evident the cryptocurrency market is dictated and dominat..
December 18, 2017

‘Bitcoin Question’ Should Be At G20, Says France Finance Minister

France’s finance minister calls for Bitcoin regulation to be a topic of debate at next year’s G20 Summit. France’s finance minister has called for a public debate on Bitcoin at next year’s G20 Summit in Buenos Aires. Speaking on French news channel LCI and quoted by Reuters, Le Maire said that the Bitcoin “question” should form a topic for the international government forum, specifically with regard to regulation: “I am going to propose to the next G20 president, Argentina, that at the G20 su..
December 18, 2017

Kala token Now Available for Public Crowdsale – Limited Supply to Sell Quickly – Here’s Why…

Lehi, UT – Symatri, LLC, Announces the public crowdsale of the new Kala token. After the private presale sold out in just over four hours, the public now has a chance to purchase the Kala utility token for a low .02 per token. Group 1 of the token sale raised $7,500,000 in 4 hours. It is expected that Group to will sell out quickly as well. Group 2 is now officially launched at $.02 per token. There will be 1.5 billion available in this group. After group two sells out, the rate will go to $.0..
December 18, 2017

Dragon Inc is On Course to Complete World’s Largest ICO

Dragon Inc is extending the pre-ICO due to considerable strain on both the Bitcoin and Ethereum networks. Hong Kong, China – December 18, 2017 – Dragon Inc., a fintech company that underpins the casino gaming sector with blockchain technology, launched its Pre-ICO (Initial Coin Offering) on Friday, December 8th, 2017, a subscription round of funding that allows the public to buy the company’s cryptocurrency. The Pre-ICO was set to end on December 15, 2017. Due to the extreme congestion on both..
December 18, 2017

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to Track and Tax Bitcoin Trading Bitcoin to Altcoin is Not a “Like Kind” Exchange Until today a crafty tax attorney or accountant could have tried claiming that trading bitco..
December 18, 2017

Ukraine Security Service Allegedly Raid ForkLog, Confiscate Tech and Funds

Ukrainian Security Service raided ForkLog in Odessa on Friday, seizing equipment and attempting to steal Bitcoin from the company’s CEO. This morning, Russian-language crypto-Blockchain news resource ForkLog reported that Ukrainian authorities raided the personal flat of its Founder and CEO, Anatoly Kaplan, and office in Odessa, seizing hardware and cryptocurrency funds. ForkLog alleges that members of the Security Service of Ukraine (SSU) plus two witnesses arrived at Kaplan’s flat in Odessa ..
December 18, 2017

Bitcoin ‘Will Return To Niche Product’ Says Senior ING Analyst

A senior economist for the Eurozone at ING has said Bitcoin will “return to being a niche product” once current “hype” has dissipated. ING ‘Yet To Be Convinced’ On Bitcoin’s Competitiveness Quoted by CityAM, Teunis Brosens appeared to suggest that the reversal forecast represented the bank’s “current thinking.” The comments mark further critical thinking on Bitcoin from the Dutch bank, with CEO Ralph Hamers last week saying he is “yet to be convinced” on how cryptocurrency’s current valuation ..
December 18, 2017

DENT Will Be Listed On KuCoin: Trading Starts On December 18 With 10 Million DENT As Prize For Top Traders

KuCoin prides itself on finding high-quality projects that go beyond the offerings of other exchanges. On December 18, 2017, DENT (DENT) token will join our list of tradable tokens. KuCoin traders will have access to DENT/BTC and DENT/ETH trading pairs upon listing. Users can start depositing and trading Dent on KuCoin December 18, 2017 at 20:00 (UTC +8). DENT Trading Promotion We will be offering a special promotion for all DENT traders on KuCoin. There will be 10 Million DENT tokens set asid..
December 18, 2017

Brainwallet: The Bitcoin Wallet That’s All in Your Head

If the safety of your bitcoins is keeping you awake at night, perhaps it’s time you considered a more secure solution. Exchanges can be hacked, smartphones can die, and hardware wallets can be lost. For the ultra-paranoid, there’s only one storage option that’s impregnable to all known attack vectors – the brainwallet. If you get it right that is. Also read: New Wallet from Opendime, the Coinkite Coldcard, is Cypherpunk Cool Bitcoin on the Brain Bitcoin is thought of as a digital currency, but..
December 18, 2017

A Bright Start for CME Futures

A week to the day after CBOE launched their Bitcoin futures, CME Group followed up with a smooth introduction to the nascent crypto scene. CME is a much larger exchange, so many expect it to have a bigger impact on the markets and the overall recognition and legitimization of Bitcoin and its brethren. The big daddy of digital currencies traded higher as expected and reached an all-time high once again on December 17th, just before CME opened its doors to traders. According to coin analysis webs..
December 18, 2017

NEO Price Reaches New All-Time High of $74.60

Even though few people were paying attention to NEO over the past few days, there was some good money to be made. More specifically, the NEO price has surpassed the US$74 mark for the first time in its history. This is quite a remarkable increase, considering the NEO price struggled to surpass US$50 not that long ago. Cryptocurrency markets remain highly unpredictable, and there are still plenty of fireworks to come in the coming months. NEO Price is Surging No one will deny it is possible to b..
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