Timothy Enneking | Believes the Cryptocurrency Bear Market Is Ending

Timothy Enneking, managing director of Crypto Asset Management, LP, believes the bear market is largely over. He and other analysts believe that bears are losing their grip on cryptocurrency markets: cryptocurrencies are the green today after experiencing significant volatility since the start of this year. The market pundits expect digital currencies to regain momentum during the second quarter after posting substantial losses in the first quarter. The fund manager has blamed four significant aspects for the considerable price crash in the first quarter. He said: “Asset consolidation, regulatory concerns, massive liquidation by the Mt. Gox trustee and startups’ selling crypto assets to pay salaries and expenses are all factors in the market’s overall decline.” Timothy Enneking also claimed trader’s strategy to sell cryptocurrencies after huge price gains in 2017 added to the price crash. Timothy Enneking Claims Are Realistic The fund manager claims look undoubtedly sensible. The crypto markets have been under pressure due to regulatory concerns and panic selling. The crypto investors, however, are largely appreciating regulators efforts to reorganize the cryptocurrency markets. Several countries have already developed guidelines for cryptocurrency exchanges and trading activities. Australia, Japan, South Korea and the U.S. are among the countries who asked exchanges …

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ICO Expert Joins Energy Premier’s Advisory Board

Energy Premier, the cloud-based electricity retail bidding platform, is pleased to welcome Boyan Josic to their Advisory board. Boyan will play a significant role in marketing and investor relations during Energy Premier’s upcoming ICO, which kicks off on May 16. Boyan is the Managing Partner of Mogul Media and the founder of MarketMakers.io, ICODashboard.io, and JOSIC Media. An expert in the cryptocurrency market, Boyan also serves as an advisor to AERON, Velix.ID, CashBag, and SignIX. Energy Premier, based in Belgrade, Serbia, is a blockchain and cloud-based energy retail & bidding platform that allows large energy consumers to organize electricity bidding sessions, trade in EPC tokens, and put their smart-grid electricity for auction. Customers can also connect to smart meters to perform instant EPC payments. Packed with featured and a utilizable token, Energy Premier plans to become a global leader in electricity bidding and trading. The company is led by Luka Prelevic and blockchain innovator Tomoaki Sato.  The rest of the management team is made up of consultants from McKinsey, Oliver Wyman, AT Kearney and Google, investment bankers from Credit Suisse, Rothschild, and energy traders from Danske Commodities. The Energy Premier platform is live and operational and has already signed up …

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Asian Investment Schemes and Snail Mail Extortion

News Unfortunately, as with any industry, scams of all shapes and sizes persist within the cryptocurrency sector. This past week has seen a Filipino couple arrested after amassing over $17 million USD through a bitcoin investment scam, and protests held outside the office of a Vietnamese company that swindled $660 through two multi-level marketing (MLM) initial coin offerings (ICOs). It appears that cryptocurrency scams are still being peddled via analog communications – with phone and snail mail-based scams being reported this week also.  Also Read: Bittrex Exchange is Back! Annnnnnd It’s Gone Again Filipino Couple Amasses Nearly $1 Billion Philippine Pesos Through Investment Scam Earlier this week, the Philippine National Police (PNP) arrested Arnel and Leonay Ordania – a couple who are accused of amassing approximately P900 million through a bitcoin investment scam. The couple is accused of luring roughly 50 investors in their company, Newg, for which they were promised 30% returns every 15 days. Rosanne Maglunog, a victim of the Ordania’s scam, invested P33 million into the scheme with her family and husband during November and December 2017, before discovering via social media that Newg would no longer be issuing payouts to investors. The PNP chief, …

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#230 Loong Wang & Taiyang Zhang: Republic Protocol – A Decentralized & Trustless Crypto Dark Pool

Click to download audio version Dark pools have existed for as long as there have been financial markets. Over-the-counter, or OTC markets, are sometimes also referred to as ‘upstairs trading,’ evoking the era when firms and high-net-worth individuals would meet in the upper quarters of financial markets to make large trades privately. A dark pool is a private forum where one has access to high volumes of liquidity outside the boundaries of public markets. Orders and trades represented in dark pools typically remain confidential outside the purview of the general markets, thus preventing undesirable market impact. We’re joined by Taiyang Zhang and Loong Wang, who are respectively CEO and CTO of Republic Protocol. Republic operates as a decentralized dark pool for cryptocurrency trading pairs such as Ether, ERC20 tokens, and Bitcoin. Buy and sell orders remain confidential in a hidden order book until matched without any of the parties having access to the underlying details. Trades are settled using cross-chain atomic swaps without the intervention of a trusted third party. Topics discussed in this episode: Taiyang and Loong’s respective backgrounds Dark pools, their role in traditional financial markets, and their economic impact Dark pools in crypto markets The Republic Protocol …

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Bank of America | “The Greatest Bubble in History” Bitcoin Will Burst Again

The Bitcoin Bubble is popping… this time for real… because Bank of America says so. For the 278th Time. Bitcoin is not only the king of cryptos but also the king of bubbles. According to Bloomberg, a study by Bank of America Merrill Lynch on the behavior and evolution of Bitcoin’s prices places it as the most significant asset price bubble in history. The study compares the price trends of bitcoin with other similar phenomena such as the U.S. stock market in 1929 crash in the Stock Markets, the Mississippi Company, and South Sea Company in the 18th century, the behavior of gold pricing, and the famous Dutch Tulip bubble. The graph attempts to show that of all the bubbles, bitcoin is the one that has achieved the most significant growth in the narrowest range of time. Whereas the most critical bubbles such as tulips have a value of less than 40x increase in value, the graph shows an increase (in a similar timeframe) of at least 60x for Bitcoin. In the last few months, the Bank of America has been very attentive to the behavior of bitcoin, and while just a few weeks ago they told the SEC at …

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JP Morgan Chase is Being Sued

You remember Jamie Dimon, right? The JPMorgan Chase (NYSE:JPM) CEO who once called Bitcoin (BTC) a major fraud back in September of last year. Reuters just reported that JP Morgan Chase is being sued for the unauthorized fees added to customer accounts for cryptocurrency purchases. The Manhattan federal court is accusing JPM of implementing charges on cryptocurrency purchases without warning its customers; when cryptocurrency was bought with its credit cards, JPM charged the purchases as cash advances, unbeknownst to the buyer. Several banks around the globe started banning its customers from purchasing cryptocurrency with their credit cards. Banks such as Lloyd Banking Group Plc (LON:LLOY), Discover Financial Services (NYSE:DFS), Virgin Money (LON:VM), Bank of America (NYSE:BAC). and Citigroup (NYSE:C). Last week, it was reported that the major Canadian bank, Bank of Montreal (BMO), has even gone as far as banning Interac E-Transfers from checking accounts. >> 22 EU States Sign Partnership JP Morgan Chase is being sued by (the named plaintiff in the lawsuit) an Idaho resident by the name of Brady Tucker. He was hit with $143.30 in fees and an added $20.61 in surprise interest charges by Chase for his five cryptocurrency purchases made between January 27th and February 2nd. …

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Bittrex Exchange is Back! Annnnnnd It’s Gone Again

Featured After nearly four months of being purposefully offline, popular crypto exchange Bittrex announced its reboot, complete with a new website. Within an hour, the company had to once again cease onboarding customers. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Bittrex Reemerges Bittrex CEO Bill Shihara explained, “We’ve spent the past four years building Bittrex on the founding principles of innovation, security and responsibility. Given these principles, pausing new user signups during a period of immense trading volume was not a decision we took lightly, but our responsibility to provide customers with a reliable platform and outstanding customer service, made it the right thing to do. After diligently working to improve our infrastructure and upgrade our website, we’re pleased to announce registration for new users resumed today.” The last anyone had heard of the Seattle-based exchange, was when it revealed back in March “‘the decision to delist these tokens has been made on the basis of maintaining the company’s “strict coin listing criteria.’ Of the 82 digital tokens to be delisted, 28 have either ‘broken blockchains or wallets that will not allow withdrawals.’ Other tokens are set to be delisted due to thin liquidity,” these …

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The Tatiana Show – Travis Dean

      The Tatiana Show – Travis Dean Topics include: — Blockchain ledger, artwork embedded tokens and its applicability.— Scalability, flexibility, competition, forks and cryptocurrency.— Property Rights claims via tokens and cryptocurrency About the Guests:Travis is the organizer for the San Francisco Bitcoin meetup group, which has been running since 2011 and has around 7,000 members. The SF Bitcoin Meetup group has been involved with the crypto art space for years, helping with the Bitcoin Art Fair, hosting the events Proof of Art and Bitcoin in Gaming, and featuring blockchain musicians and djs at our annual holiday party. Travis’ main passion is working with artists via the Curio project, which is currently experimenting with creating community driven rare digital artwork on ethereum. More Info:https://www.TatianaMoroz.com https://www.CryptoMediaHub.com https://www.Vaultoro.com/?a=100068 https://www.meetup.com/San-Francisco-Bitcoin-Social https://twitter.com/travisformayor https://Curio.Cards Friends and Sponsors of the Show:https://www.TheBitcoinCPA.com/ https://www.CryptoCompare.com/ https://www.FreeRoss.org https://www.ThirdKey.Solutions/ http://www.SovrynTech.com http://www.SexAndScienceHour.com https://www.Vaultoro.com http://www.CryptoMediaHub.comhttp://www.Beautycounter.com/TatianaMoroz https://www.LibertyCraze.com       Make sure to make use of the “downvote” button for any spammy posts, and the “upvote” feature for interesting conversation. Be excellent. Source link

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Best Cryptocurrency News Website | Why Some People Think We’re The Best!

Chris Douthit is a cryptocurrency investor and analyst at CryptoInvestingInsider.com. He is one of the most active and best user-case success stories at Cryptocurrencynews.com. In this post, we have invited Chris to share his story with us. Chris not only uses the information on Cryptocurrencynews.com for his own up-to-date investment decisions but is able to interpret market trends and direct his group for timely investment decisions.  Chris Douthit on Cryptocurrencynews.com Cryptocurrencynews.com is instrumental in helping me understand the ever-changing cryptocurrency space. This market is a volatile one, so when positive news hits or shows the first signs of trouble, I want to know right away, so the proper steps can be taken to ensure I stay profitable in the space. It originally started when I lost a lot of money in a short amount of time due to the new regulation. Had I been looking for it, I could have saved myself from a big loss and weeks of frustration. In retrospect – I should have seen it coming. This is when I had that idea hit me like a ton of bricks. Why CryptoCurrencyNews was the Best Crypto Website I did a Google advanced search to check for the first …

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Australia’s Blockbid Exchange Granted Cryptocurrency License by Austrac

Regulation Blockbid is now registered with the Australian Transaction Reports and Analysis Centre (Austrac). This makes it only the third company granted permission to legally operate as a cryptocurrency exchange in Australia since new regulations came about last week. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin Business Classes Cyber Insurance Austrac has approved an application by cryptocurrency exchange Blockbid, in accordance with the new regulatory powers given to it starting 3 April 2018. The platform’s main differentiating feature compared with most other marketplaces is providing insurance to users against any potential cyber-attacks. It also plans to offer the ability to trade with at least seven different fiat currencies in the next 6-12 months, with four available during an upcoming beta launch. David Sapper, COO at Blockbid commented: “Since its inception Blockbid has always wanted to put customers security and peace of mind at the forefront of building a one-for-all platform, allowing our users to trade with confidence. As a registered digital currency exchange in Australia we are looking forward to opening up our doors worldwide to all traders and investors who want to use a platform that is legitimate and provides asset insurance as well. This is …

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