Ripple the cryptocurrency will lead a coalition to lobby for the interests of the market in US government circles

According to Bloomberg, Ripple will take the lead participants of the cryptocurrency market lobbying in Washington on issues related to the regulation of cryptocurrencies.

A coalition of cryptocurrency companies based in San Francisco, plans to bring the lobbying group the Klein/Johnson to work with regulators and legislators.

The new group, called Securing America’s Internet of Value Coalition, aims to mitigate the government’s position to encourage innovation and support competition in the ecosystem of the global cryptocurrency market.

The coalition, together with the lobbying group intends to raise the issues in Congress and at the securities and exchange Commission (SEC), Tax service (IRS) and other government agencies relevant to the cryptocurrency market.

According to the preliminary agreement, the lobbying group Fintech Klein/Johnson, will receive for his services for about 25,000 dollars per month and 10,000 per Ripple.

Along with the Ripple, as well as an independent company RippleWorks, the coalition includes the company specializes in digital payments Coil, crypto investment company Yaka and PolySign, a startup which operates in the market of custodial services for the cryptocurrency assets.

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Chapter Binance: “the Bull market may come back any minute”

The General Director of the largest cryptocurrency exchanges Binance, Changpeng Zhao said in an interview for the cryptocurrency Internet edition of the Crypto Globe that the period from October to December historically is the best for bitcoin and other cryptocurrencies. Therefore, he believes that the return of bulls in the market is possible in this period.

I think that the bull market could be back any minute, because, historically, the period from October to December is very good months. At Christmas time the markets are usually increasing. But I don’t claim that this will happen this year, and that will not happen.

Changpeng Zhao made a special proviso that it is not an official forecast, so he does not consider himself a specialist in the field of market analysts.

I did not analyze the markets, because everything I say will be interpreted as a recommendation and people will buy (or sell) based on my statements. Of course I have some influence on the price of the cryptocurrency market, as we are one of the largest operators. But even if you just look at the chart, it becomes clear that in the area of $ 6000 is a very strong support, she rests throughout 2018, while in 2015, the support level was around $ 200. So I don’t feel we are in a bear market. Yes, if you look at daily charts or weekly may not appear such a feeling. I always look from the point of view of long-term prospects. I have never traded. I always buy and keep.

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SVK CRYPTO PODCAST 232- 28/09/2018 – DELL COMPUTERS CONSIDERING BLOCKCHAIN?

https://www.podbean.com/media/share/pb-9h6ab-9b001e

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

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SVK Crypto – Daily News Blog

An analysis of Bitcoin prices Cash: what is the probability of reaching the level of 1600 USD?

In recent days Bitcoin Cash (BCH) rose by 18%. This is the best figure among the top 50 crypto-currencies. At the moment Bitcoin Cash (BCH) is trading at 525 USD.

The main reason for the growth, many analysts say the IPO (IPO) of Chinese mining giant Bitmain, who from the beginning supported the idea of creating a Bitcoin Cash (BCH) and is actively promoting this cryptocurrency.

In fact BCH has increased by $ 100 in just a couple of hours. This indicates serious potential. In order to appreciate it in the long term, let’s look at the weekly chart.

If Bitcoin Cash (BCH) will be able to maintain the current dynamics, it is very likely that will draw weekly MACD cross, but if the alternative version of bitcoin will be able to break 650-700 and stay there, it is possible to predict the level of $ 1600.

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What will be the digital national currency? The options considered by the NBU

The national Bank of Ukraine (NBU) is considering the launch of state of the digital currency based on blockchain technology.

The NBU said that the hryvnia based on the blockchain, or the electronic torque should be centralized and be under the control of the government. It is expected that digital currency backed by the government, will increase the number of cashless payments, and reduce their cost.

This is not the first time in Ukraine the question of the establishment of a digital national currency. The idea was first expressed in the framework of the project “Cashless economy”. For example, the Central Bank in January announced plans to launch e of the hryvnia, which is not bound and does not use the blockchain technology.

According to Bank officials, this version of Ukrainian state coins must be tied to the national currency 1: 1. According to NBU, it will prevent inflation. However, the electronic edition of the hryvnia based on blockchain technology, the whole still remains one of the options.

The decision about the feasibility of introducing electronic hryvnia in full will be taken only after detailed analysis.

Adviser to the head of the Association of Ukrainian banks Alex Kusch believes that digital currency such as e-national currency, cannot be compared with cryptocurrencies, since the latter is anonymous and decentralized, by definition, in contrast to the national currency.

Kusch also said that digital currency supported by the government and based on the blockchain is “quite promising”, adding:

On the one hand, it will protect human rights from the point of view of ownership, and on the other – will significantly reduce the cost and time of the transaction, as well as increase the circulation of money in the country.

The post What will be the digital national currency? The options considered by the NBU appeared first on FineCrypto.

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SVK CRYPTO PODCAST 231 – 27/09/2018 – AT&T TO USE BLOCKCHAIN?

https://www.podbean.com/media/share/pb-wahuk-9aec22

In today’s episode we dig into the telecomunication giant AT&T’s plan to integrate blockchain technology!

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

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SVK Crypto – Daily News Blog

New cyber threat: black mining is growing at a stunning pace

According to the latest report from McAfee Labs, the number of mining-attacks or cases of black hash, when the user’s computer is used for mining cryptocurrency without permission of the owner in the second quarter of 2018 increased by 86%.

In the report, experts on cyber security said that in the second quarter were more than 2.5 million case black mining. For comparison, the number of such attacks in the fourth quarter of 2017 amounted to only 400.000.

The authors of the report conclude that the threat of the black mining remains one of the strongest in the field of cybersecurity.

In particular, the report highlights the fact that cybercriminals are actively exploiting new approaches to black mining. Although, the most attractive targets continue to serve as powerful workstations and gaming computers and laptops, a growing number of cases of mining on peripheral devices, such as routers, cameras and other devices part of the Internet of things.

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The number of active bitcoin wallets exceeded the record number

For several months in the cryptocurrency market is declining. One would assume that the number of users of the cryptocurrency and the number of active bitcoin wallets also falls. However, right now the number of active bitcoin wallets is at a record high level.

According to Chainalysis, over the past two months, about 5 million bitcoins (around 32-33% of the total) are in the active wallets. Under the active wallets in this case refer to those who have participated in at least one transaction relatively recently (in the last two months).

In December this number was much lower – about 4 million bitcoins (or about 26% of the total).

Meanwhile, CNN reports that the creators and manufacturers of the famous Board game Scrabble have added the word “bitcoin” in your dictionary.

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SVK CRYPTO PODCAST 230 – 25/09/2018 – EXCLUSIVE INTERVIEW WITH EVERIPEDIA!

https://www.podbean.com/media/share/pb-k97ik-9ad0ef

In today’s episode we talk to Sam Kazemian and Theodor Forselius from Everipedia about their mission to build the worlds first encyclopedia on the EOS blockchain. 

Website: https://everipedia.org

Twitter: https://twitter.com/everipedia

Telegram: https://t.me/everipedia

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: http://www.svkcrypto.com

Email us: cstorry@svkcrypto.com

Telegram: https://t.me/SVKCrowd

SVK Crypto – Daily News Blog

Circle launches stalkin ‘USD Coin’

Circle Internet Financial Ltd. launches digital token provided by the US dollar, called “USD Coin”.

A consortium called the “Centre”, which, among others, includes Bitmain Technologies Ltd., will act as a platform for deposits and conversion to Fiat currency of the new stablon. Bloomberg notes that, although the Centre is a “subsidiary of Circle”, in the future it may become a fully independent organization.

USD Coin from the start will be available on a number of cryptocurrency exchanges including Poloniex Circle, Huobi, OKCoin, Coinbase and KuCoin. New stablon going to support more than 20 companies, other companies will join in to work with the new coin because of the open standard ERC-20.

Centre will act as a regulator for issuers USDC, ensuring that each of them has a state license and issuance of electronic money, and also that the activities of all the companies meet the standards of AML and they have a reliable banking partners to hold their dollar reserves. In addition, the Centre reserves the right to allow certified auditors on a monthly basis to assess the reserves USDC all partners.

Circle emphasizes that the USDC is the first of tablconv which is going to submit to the Centre. The company believes that Fiat-token-help “in overcoming the artificial economic borders and will contribute to creating a more effective and comprehensive global market, which is every person on the planet.”

Circle CEO Jeremy Allaire told Bloomberg that the USDC is very different from the Tether – the most famous stablein:

Market infrastructure, such as stabilini, will be the basic level for financial applications. They must be legitimate, credible, based on open standards. We solve many of these fundamental problems. This is a huge difference compared to the Tether, and we think that the market very quickly it will appreciate.

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