The Latest Crypto News From The Interwebs - 31st July 01:01

Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’

Via Yashu Gola Tue Jul 31 00:25:49 BST 2018
prepares to face economic sanctions imposed by the Trump administration. The Iranian Rial, which was just beginning to gain momentum after years of depreciation, set a new low on Monday, trading on an average at 100,000 Rials on the.....
Tagged with #News #World-Economics #World-Politics #Iran #localbitcoins #rial

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Bitmain Made $1.1 Billion in Profit in Q1, Filing for IPO ‘Very Soon’: Report

Via Josiah Wilmoth Mon Jul 30 23:30:51 BST 2018
wn the hatches amid declining returns. Don’t count industry giant Bitmain among them. Citing an email obtained from a source close to the China-based firm, Fortune reports that Bitmain — best known for manufacturing bitcoin mining equipment — raked in.....
Tagged with #Bitcoin-Companies #News #bitmain #nvidia

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Crypto Mining Firm CEO Exit Scams with $35 Million in Investor Funds

Via Jimmy Aki Mon Jul 30 22:35:46 BST 2018
ling about $35 million, according to a local news outlet. About 20 investors of Sky Mining reported the matter to the local police in the Phú Nhuận District after learning that “approximately 600 mining machines had been removed” by.....
Tagged with #Bitcoin-Crime #Bitcoin-Mining #Mining #News #sky-mining #State-Bank-of-Vietnam #Vietnam

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Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'

Via Madeline Meng Shi Mon Jul 30 22:10:21 BST 2018
Three-quarters of U.S. investors think bitcoin is too risky to invest in, a new poll by Gallup and Wells Fargo showed Monday......
Tagged with #News #Business-News #Markets-News #Bitcoin #poll #Republished

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IBM Blockchain Platform Targets Banks and Financial Institutions

Via Chelsea Roh Mon Jul 30 22:07:00 BST 2018
The IBM blockchain platform aimed at financial services was launched today, according to a CNBC news report. IBM currently holds several blockchain-based patents and is working on several different projects with Distributed Ledger technology. IBM Paves the Way When cryptocurrency began its ramp up back in mid-2017, several banks around the world started eyeing blockchain technology to see how it could potentially benefit current systems and how it could cut costs. IBM has partnered with CLS, a foreign exchange market infrastructure firm, and has created LedgerConnect. LedgerConnect is a proof of concept blockchain platform
Tagged with #Blockchain #blockchain #blockchain-app #blockchain-companies #blockchain-explained #blockchain-explorer #blockchain-for-dummies #blockchain-info #blockchain-ledger #blockchain-news #blockchain-stock

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Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor

Via Samuel Haig Mon Jul 30 21:45:28 BST 2018
Archaeologists are arguing that a pre-modern stone money used by Micronesian islanders resembles a precursor to bitcoin and distributed ledger technology. Also Read: Largest Cannabis Community Market in Israel to Accept Bitcoin Payments Archaeologists Highlight Similarities Between Micronesian Stone Money and Bitcoin Scott Fitzpatrick, an archaeologist at the University of Oregon in Eugene, has argued that […]
Tagged with #Featured #Archaeologists #Argue #Bitcoin #Blockchain #Comprises #Cryptocurrency #distributed #DLT #fitzpatrick #island

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Chamber of Digital Commerce Proposes Guidelines for ‘Responsible’ Crypto Market Growth

Via Cointelegraph By Molly Jane Zuckerman Mon Jul 30 21:40:00 BST 2018
The Chamber of Digital Commerce Token Alliance’s new report on how to understand the digital token market notes that guidelines are needed to promote “responsible growth” and innovation.....
Tagged with #Bitcoin-Regulation #Cryptocurrencies #Markets #SEC #USA #ICO #Japan

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Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected

Via Joseph Young Mon Jul 30 21:38:44 BST 2018
, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week,.....
Tagged with #Bitcoin-Analysis #Bitcoin-Price-News #News #Aelf #Binance #binance-coin #ELF

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 30

Via Cointelegraph By Rakesh Upadhyay Mon Jul 30 21:35:00 BST 2018
Experts have still not reached consensus on whether the approval of a Bitcoin ETF by the SEC is all that important. Meanwhile, the markets continue reacting to the recent rejection of an ETF by Winklevoss twins - let’s check the charts.....
Tagged with #Altcoin #Ethereum #Ripple #Bitcoin-Cash #EOS #Litecoin #Cardano #Stellar #IOTA #TRON #Price-Analysis

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MOAC—Multi-Layer Blockchain Architecture for Commercial Applications

Via Tom Clancy Mon Jul 30 21:14:48 BST 2018
al included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned.....
Tagged with #Press-Releases

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Kim Kardashian West Promotes Bitcoin (BTC) at Charity Event

Via Chelsea Roh Mon Jul 30 20:32:04 BST 2018
Kim Kardashian promotes Bitcoin: Reality television star Kim Kardashian-West announced to her 114 million Instagram (IG) followers that she staked a physical Bitcoin (BTC) in a charity poker event in LA last night. West’s sisters, Kendall Jenner and Khloe Kardashian, along with their mother Kris Jenner, hosted a table at yesterday’s ‘If Only’ Texas Hold’Em Charity Poker event. This charity event was geared towards raising funds for the City of Hope, a nonprofit clinical research and treatment center for cancer. Kim Kardashian Promotes Bitcoin During the poker event, Kim Kardashian West video recorded all
Tagged with #Bitcoin-News #bitcoin-exchange #bitcoin-latest-news #bitcoin-news #bitcoin-news-feed #bitcoin-news-latest #bitcoin-news-today #bitcoin-news-updates #bitcoin-price #bitcoin-price-news #bitcoin-prices

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Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week

Via Madeline Meng Shi Mon Jul 30 20:25:32 BST 2018
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week......
Tagged with #Merchants #News #Business-News #Banking #Michael-Novogratz #Galaxy-Digital #Republished

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Cryptocurrency Bank Galaxy Digital Lost $134 Million in Q1. Now It’s Going Public.

Via Josiah Wilmoth Mon Jul 30 20:19:32 BST 2018
quarter is not the optimal way to market your firm on the eve of its public listing, yet that’s the situation in which Mike Novogratz now finds himself. According to Bloomberg, Novogratz’s firm — Galaxy Digital LP — will.....
Tagged with #Bitcoin-Companies #News #galaxy-digital #Mike-Novogratz #TSX-Venture-Exchange

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Football Team in Gibraltar to Pay Its Players in Cryptocurrency

Via Avi Mizrahi Mon Jul 30 20:15:59 BST 2018
Gibraltar just scored a major unexpected goal in the great tournament to be known as the most Bitcoin-friendly jurisdiction in Europe. A local football team made international sports headlines for deciding to pay its players with cryptocurrency. Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Gibraltar United to Pay […]
Tagged with #News #Bitcoin-Salary #crypto #football #Gibraltar #N-News #soccer #Sports #wage

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Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus

Via Cointelegraph By Maxwell William Mon Jul 30 20:15:00 BST 2018
Litecoin founder Charlie Lee announces announces advisory role for HTC’s new crypto-compatible smartphone Exodus.....
Tagged with #Altcoin #Charlie-Lee #Litecoin #Cryptocurrencies #DApps #CryptoKitties #Ethereum

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CEO of Fatfish Internet: Crypto ETF Coming Soon, Despite Recent Rejections

Via Caroline Harris Mon Jul 30 19:44:44 BST 2018
There are numerous people and groups in the crypto industry that want a crypto ETF. The Gemini exchange is one, and BitWise is another. Over the weekend, the CEO of Fatfish Internet Group joined the conversation. But is there a crypto ETF coming soon, or is this false hope? After all, the SEC has a different opinion. Crypto ETF Coming Soon? On Sunday, Kin-Wai Lau, CEO of Fatfish Internet, a global tech venture investment firm, said that a Bitcoin ETF is on the horizon, adding that global markets will soon be “ready to accept” a BTC
Tagged with #Crypto-News #coin-news #coin-news-today #crypto-ETF-coming-soon #crypto-news #crypto-news-updates #crypto-updates #cryptocoinsnews #cryptocurrency #cryptocurrency-2017 #cryptocurrency-market

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Bitcoin ETFs May Have Lost the Battle, But Not the War

Via Cointelegraph By Stephen O'Neal Mon Jul 30 19:25:00 BST 2018
Here’s why the Winklevoss’ failed attempt to register a Bitcoin ETF comes with a silver lining.....
Tagged with #Bitcoin #ETF #SEC

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Newsflash: Bitcoin Price Slips to $7,861 as Market Tests Key Support Level

Via Josiah Wilmoth Mon Jul 30 19:17:24 BST 2018
eading into the weekend. Bitcoin entered the day trading above $8,100, a mark it largely held until shortly after 17:30 UTC when — after flirting with that level for approximately 20 minutes — BTC/USD experienced a sudden.....
Tagged with #Bitcoin-Analysis #Bitcoin-Price-News #News #eToro #Mati-Greenspan

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Sources bitcoin.com , cointelegraph.com ,coindesk.com,blockchain.com,ccn.com,cryptocurrencynews.com