Today in the news:
- The Consensus 2018 conference has begun today. A live stream is available here. Ned Scott, CEO of Steemit Inc, will speak later today.
- CME Group and U.K. firm Crypto Facilities are partnering to create an ether reference rate and real time index.
- Zimbabwe has banned banks in the country from processing crypto transactions.
- The CEO of crypto exchange OKEx has resigned.
- And more crypto news below...
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Latest Crypto News - May 14, 2018
Bitcoin Price Historically Surges With Consensus Conference, Data Shows
The fourth annual Consensus conference, Bitcoin’s biggest event of the year, begins today, May 14, 2018. Will bitcoin price surge once again during the event as it has in previous three years?
Read more: bitcoinist.com
New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the Philippines
The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines.
Read more: news.bitcoin.com
CoinDesk Releases Q1 2018 State of Blockchain Report
From bitcoin futures' impact on spot prices to the rise in hash rate and drop in fees, CoinDesk's latest research report sheds light on a tumultuous Q1.
Read more: www.coindesk.com
Reserve Bank of Zimbabwe Bans the Country’s Only Monetary Hope: Bitcoin
The citizens of Zimbabwe were in for a grave shock on May 11, 2018, as the country’s central bank placed a blanket ban on the possession, trading, and transfer of bitcoin. While the move would hardly make an impact on the cryptocurrency trading markets regarding price action, a much deeper wound is inflicted on unfortunate Zimbabweans, whose highly-inflated currency can make buying bread a trillion (Zimbabwean) dollar affair.
Read more: btcmanager.com
More sources:
- Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period
- Zimbabwe Bans Banks from All Bitcoin Dealings
- Zimbabwe Bans Commercial Banks from Processing Crypto Transactions
Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments
A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.
Read more: www.coindesk.com
CME Group Paves Way for Regulated Ethereum Futures with New Pricing Index
CME Group, one of the world’s largest derivatives exchange operators, is taking steps that will prepare it to eventually list an ethereum futures product.
Read more: www.ccn.com
More sources:
German bank replaces SWIFT with Bitcoin for international loan transfers
The loaned amount will be transferred to the borrower using the Bitcoin's blockchain, only to be converted back to their country's currency as soon as the transaction is processed.
Read more: thenextweb.com
More sources:
New York Plans Blockchain Center to Stake Claim as Industry Hub
New York's Economic Development Corporation is launching several initiatives to put the Big Apple on the map as a blockchain technology hub.
Read more: www.coindesk.com
OKEx CEO Quits To ‘Start New Life’ As Exchange Overtakes Binance As World’s Largest
Malta-based cryptocurrency exchange OKEx sparked criticism May 14 as its CEO resigned. The move comes the same week the exchange’s trade volumes reportedly overtook those of market leader Binance.
Read more: cointelegraph.com
More sources:
First Bitcoin Smart Contracts Sidechain Now Secured By 1 in 10 Miners
The first bitcoin smart contracts sidechain just reached an early milestone. To be revealed Monday at CoinDesk's Consensus 2018 conference, RSK, the startup that built the long-anticipated technology, touted as a way to bring ethereum-style smart contracts to the world's largest cryptocurrency, is issuing new details on the number of bitcoin users dedicating computing power to backing the experimental idea.
Read more: www.coindesk.com
HSBC says it’s made the world's first trade finance transaction using blockchain
HSBC claimed on Monday it had performed the world's first commercially viable trade finance transaction using blockchain technology. The bank issued a letter of credit for U.S. food and agriculture firm Cargill. The trade finance transaction involved a bulk shipment of soybeans from Argentina to Malaysia. The letter of credit was issued from HSBC to Dutch lender ING.
Read more: www.cnbc.com
More sources:
Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female
A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles.
Read more: news.bitcoin.com
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Zimbabwe should adopt Tether as their national currency. LOL Bitfinex management will be very happy.
thanks for the info
The market is so dynamic these days lol
A confusion situation for me..but this post made my because of some good news.
I find your reports on the market extremely helpful for quickly reading the news here and catching up! I will resteem the newest one soon to help more readers see how easy it is to stay up to date with crypto news in your market posts!
Thank you for your support, Jerry! :)
I guess the "historical surge" that coincides with the conference was just that. Historical. Didn't happen this year.
Zimbabwe is like the North Korea of cryptocurrency.
the consesus will be great and we will see crypto Rising again:)
Time is bad but everything can not be neglected, nothing can be done in life, so Bitcoin is going bad but it will be a good time again.
That is cryptocurrency for you it no balance it keep going up and down thanks @penguinpablo for sharing this insightful post
Bytecoin and Zcash are racing alone that is really a huge strike....the green zone is their fav zone..😁
muy buen trabajo, esto es material de calidad, gracias por compartirlo
Hi @penguinpablo. Nice to meet you and I hope one day you will get to live in the tropical island. Thanks for the posts. Enjoyed reading several of them.
good posting, themarket viewer
Me gustaría que hubiese material de este tipo en español.