Headlines for the world of Cryptocurrencies - June 26, 2018

in #cryptocurrency6 years ago (edited)

Silicon Valley Whales Buy Millions Worth Of Diamond Using Bitcoin

A Silicon Valley-based ultra-high-end watches and jewelry boutique, Stephen Silver Fine Jewerly that has implemented cryptocurrency payments back in 2014 reveals that its crypto transactions have increase to 20% of sales in the past year.

The company is said to accept payments in several cryptocurrencies such as Bitcoin, Bitcoin Cash and Monero from authorized and approved Bitpay wallets.

In a very short period of time the volume of cryptocurrency transactions has surpassed retail credit-card purchases according to its CEO Stephen Silver.

The average crypto deals is close to seven figures and the company can offer no limit in the amount it will accept per sale.

The company’s president Jared Silver also revealed that they also pay willing suppliers cryptocurrencies if they accept cryptocurrencies as well.

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John Mcafee: Bitcoin Keeps Growing

Cryptocurrency influencer and evangelist, John Mcafee returned to social media after a life threatening attack which left him unconscious for three days.

He reminds the community that although bitcoin has almost lost a lot of value since the beginning of this year, it is still up about 140% during the same time a year ago. He urges everyone to stop the short term thinking and get real.

McAfee made a short-term prediction of bitcoin reaching 15k by the end of June but it is likely not to happen in light of the current market conditions.

Although McAfee’s predictions are often debatable like most bitcoin predictions of other experts, however one cannot deny that he has become of the most influential personalities in the world of cryptocurrency.

The volatile nature of bitcoin prices are not as important to Mr. McAfee. Global adoption and long-term behavior of a blockchain and its token is more important.

This forward-looking vision led him to predict Bitcoin be worth as much as $1million which seems impossible with the current conditions but given the exponential growth of 2017 this possibility is not so far fetch anymore.

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German TV Channel Set To Disrupt 500 Billion Euro Media Industry

The top TV operator in Germany and several other countries, Welt der Wunder TV has become a trusted brand in producing, marketing and broadcasting high-quality video content.

It now wants to change the current face of video licensing industry by introducing a blockchain-managed-license platform.

The target of the platform is to develop a transparent marketplace for buyers and sellers where they can directly conduct their business.

This trustless ecosystem will significantly remove the pricing challenges with Smart Contracts.

With the advent of the marketplace it will eliminate around 30% to 50% of sales commission pocketed by intermediaries that does not add value to the echo system.

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Japan Blockchain Conference 2018

Leading Blockchain professionals will be attending the blockchain conference in Japan.

Dubbed as the 'Japan Blockchain Conference 2018', it will be held on June 26th and 27th of June at the Tokyo International Forum.

It was organized by the General Incorporated Association Global Blockchain Council and it is said to be the largest blockchain conference in Japan.

Speakers include:

Roger Ver, one of the first person in the world to start investing in bitcoin related-startups which includes bitcoin.com, blockchain.com, bitpay.com and kraken.com and many others.

David Namdar the founding partner and Head of Digital Assets for Galaxy Digital, who has significant expertise in digital currency investments, blockchain technology, and the emerging decentralized economy.

Lastly, Sam Cassat, the chief Strategy Officer of ConsenSys which is a blockchain venture production studio and custom software consultancy that is leading development of the Ethereum Ecosystem.

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Japan To Stop Cryptocurrency Criminal Activities

The Japanese government has been cracking down on anonymous cryptocurrencies such as Zcash, Dash, and Monero because it has enabled it users to hide illicit transactions.

Now the Japanese government has revealed that major credit agencies will evaluate cryptocurrency users to prevent the utilization of digital assets for illegal activities.

Yizumi Nobuki, The chairman of Japan Credit Information Service as said that by providing the personal information of suspicious individuals including credit scores and financial data, the government hopes to protect investors and improve the security of the cryptocurrency industry.

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Headlines for the world of Cryptocurrencies - June 25, 2018

Incent Loyalty’s “Bitcoin Pizza” Moment / Bitmain Mining Hashrate At Almost 51 Percent / South Korea Investing Multimillion In Blockchain Technology Development / Blockchain University By Tron Opens Enrollment This Fall 2018

Headlines for the world of Cryptocurrencies - June 24, 2018

Ernst & Young Releases Blockchain Content Rights Platform Together With Microsoft / Cryptocurrency In Tourism Is Growing / Cryptocurrency Mining In Ukraine Need No License / All Systems Go For TRON’s Independence Day, Despite Market Plummet

Headlines for the world of Cryptocurrencies - June 23, 2018

Multi-Trillion Dollar Cryptocurrency Market Soon - Cardano Founder / Bitcoin At $10,000 By 2019 / US Lawmaker Calls For Leniency On ICO Regulations / Mayo Clinic Exploring Blockchain Technology / Crypto for Betting, Hotels, Booze and Flight On FIFA World Cup 2018

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