Crypto Daily News: Nearly 1 Trillion Dollars Worth of BTC has been Transferred in 2018 & Coinbase Continues to Make Moves

crypto daily news nearly 1 trillion dollars worth of btc has been transferred in 2018 coinbase continues to make moves

In today’s edition of Crypto Daily News, we’ll cover the updates of nearly one trillion dollars worth of Bitcoin (BTC) has already been traded in 2018 and Coinbase making steady progress in enhancing its platform. Crypto Daily News: August 16th, 2018 Almost One Trillion Dollars Worth of BTC According to Trustnodes, an estimated $830 billion worth of Bitcoin (BTC) has been traded so far this year. Coinmetrics composed the data and removed items that often mess with the price of Bitcoin, including “mixers, self-churn, privacy enhancements, spam, and change outputs.“ “From…

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Messaging Giant Line Launches Token Venture Fund

messaging giant line launches token venture fund

LINE, the Japanese messaging giant, has today announced the launch of its token venture fund. The Token venture fund will have a capital commitment of $10 million USD via LINE’s subsidiary, Unblock Ventures. Unblock Ventures was recently established in Hong Kong in only July of this year. Token Venture Fund The publicly traded LINE made the announcement earlier today and said its goal is to invest in blockchain startups with the ambition of boosting technological development. Unblock Ventures, will manage the fund but the actual capital of $10 million will be…

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Crypto Retirement Funds Pose Too Much Risk, Says SEC: Don’t Do It

crypto retirement funds pose too much risk says sec dont do it

If you were planning on using Bitcoin to retire, you might want to think again. Why? Well, because the SEC has recently warned against cryptocurrency retirement funds. Here’s why. Cryptocurrency Retirement Funds As people approach retirement, many are nervous about where they are sitting financially. For these reasons, people are turning to self-directed IRAs, which are savings accounts that allow for alternative investments. When it comes to self-directed IRAs, typical investments include company stocks and precious metals. However, thanks to the crypto boom, virtual currencies have been added as an…

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Another Bullish Believer: Bitcoin Is The Future And USD Is A Scam

another bullish believer bitcoin is the future and usd is a scam

Bitcoin has recruited another influential bull in the form of Robert Kiyosaki — author of the famous financial self-help book Rich Dad, Poor Dad. Kiyosaki has declared Bitcoin and cryptocurrencies in general as the “currencies of the people” and has gone even one abrasive step further by referring to the US dollar as a scam. According to the famous author, cryptos will outlive fiat currency, of which “the dollar is toast”. Currencies Of The People Kiyosaki’s strong opinion was aired on a Sane Crypto Podcast hosted by Kim Hughes. He also took the…

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Crypto Daily News: World Bank Prepping for Blockchain Bond and Facebook Exec Steps Down from Board at Coinbase

crypto daily news world bank prepping for blockchain bond and facebook exec steps down from board at coinbase

In today’s edition of Crypto Daily News, we’ll cover the World Bank preparing to launch the world’s first blockchain bond and why Facebook executive David Marcus is stepping down from Coinbase. Crypto Daily News: August 10th, 2018 World Bank Blockchain Bond According to CNBC, The World Bank has just made a huge announcement in the crypto space: it has mandated the Commonwealth Bank of Australia to carry out the world’s first blockchain bond. The bond will be called the ‘Kangaroo bond’ and it is referring to the foreign bonds that are…

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Crypto Daily News: Microsoft Runs Ethereum Tech that Gets Rid of Mining and OKEx Bitcoin Futures Trouble

crypto daily news microsoft runs ethereum tech that gets rid of mining and okex bitcoin futures trouble

In today’s edition of Crypto Daily News, we’ll cover Microsoft’s latest tech that runs on the Ethereum network and OKEx’s troubles launching its Bitcoin (BTC) futures. Crypto Daily News: August 8th, 2018 Microsoft Uses Ethereum Yesterday, the software giant Microsoft made a huge announcement debuting its latest Blockchain as a Service (BaaS) product. The product allows businesses across industry verticals to deploy a ‘flexible’ instance of Ethereum that is tailored specifically for enterprise environments. The Ethereum Proof-of-Authority on Azure, Microsoft’s product, allows enterprises to build applications on Ethereum that are…

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