Ethereum 

Crypto Markets Are Turning Green, Bitcoin Recovers Above $8,200

Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has been trading below the $8,000 price mark for the better part of the day but is showing signs of recovery in recent hours. The world’s largest cryptocurrency traded at an intraday low of around $7,950, before grinding its way up to its current trading price of around $8,216. BTC is reporting gains of 3.73% in…

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Bitcoin 

Crypto News From Brazil: Oct. 14–20 in Review

Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that videos with balances at Gate.io and HitBTC are fake. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Unick Forex says it will only pay customers who have a receipt The president of alleged cryptocurrency investment…

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Bitcoin 

Crypto News From the German-Speaking World: Oct. 13–19 in Review

The German-speaking world has seen another week of events in the crypto industry, with a new survey revealing that 27% of Germans are interested in using Facebook’s planned Libra stablecoin, which has been discussed all over the world since its announcement in June 2019. Despite existing criticism of Libra, global regulators do not plan to ban either Facebook’s crypto initiative or other stablecoin projects, the European Central Bank (ECB) director claimed earlier this week. Here is the past week of crypto and blockchain news in review, as originally reported by…

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Ethereum 

Crypto Markets Turn Red Once Again, Bitcoin Price Hovers Under $8K

Friday, Oct. 18 — Bitcoin (BTC) is suffering from further downward selling pressure and continues to trade below the $8,000 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin traded below the $8,000 price mark for most of the day. The world’s largest cryptocurrency traded at an intraday high of around $8,135, with a sudden dip toward $7,900, before settling down at its current trading price of $7,952. BTC shows a subtle loss of around 1.6% in the past 24 hours. Bitcoin seven-day price chart. Source: Coin360 Cointelegraph contributor Rakesh…

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Bitcoin 

Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll out its crypto custody business following a year-long preparation and accumulation of clients. A nascent, but promising business Last fall, Fidelity specifically indicated that it would provide an enterprise-grade crypto custody service to hedge funds, family offices and financial advisors. Johnson called that kind of service nascent and…

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Ethereum 

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, Microsoft, Oracle and Google’s parent company Alphabet — are leading the charge to merge blockchain, especially the enterprise type, and the cloud. Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure. The…

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Bitcoin 

How to Manage — and Understand — Risk Tolerance in Crypto Investing

“Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason. Although the phrase “no pain, no gain” has some truth — and there will always be some risk associated with making investments — we all have different thresholds of pain to consider. While some will suffer sleepless nights after the value of their portfolio slides by 1%, others can happily grin and bear it following a 10% hit. The art of risk tolerance involves understanding your emotional response to financial losses…

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Cryptocurrency 

Can Political Fundraising Through Crypto Find Mainstream Acceptance?

A Reuters report published on Oct. 8 claimed that Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. However, in the same announcement, Takaichi mentioned that donating cash or securities directly to a politician or a campaign is illegal. Only through technicalities in classification have crypto assets been able to fly under the radar of regulatory ordinance. As a result, politicians in Japan can receive individual crypto campaign funding without reporting the donations publicly. Crypto regulation…

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Ethereum 

Sacramento Kings Pro Basketball Team Launches Crypto Collectibles

The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles. In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies will give away 100 limited-edition Kaiju collectible toys throughout the 2019–2020 basketball season. Each collectible is backed by a non-fungible token, meaning that no two are the same. 15 of these toys will come with a unique experience or prize, such as courtside seats, VIP tours, and signed merchandise, among others. Sacramento Kings…

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