Google Searches for Bitcoin Down 75% Since Early 2018

According to research from Google Trends, web searches for the word “Bitcoin” dropped 75% since the beginning of 2018, halving in just the last three months, CNBC reports June 4. Co-founder of Datatrek Research and Wall Street Bitcoin analyst Nicholas Colas, cited by CNBC, links the decline in web searches to the coin’s price rates that have similarly dropped by approximately 50 percent this year. In an email to his clients, Colas adds that “[Bitcoin] needs a new narrative in order to reestablish global attention”. Google Trends analyzes different periods…

Blockchain Startup Installs Crypto Point-of-Sale Devices in Indonesia Despite Regulations

Blockchain startup Pundi X has begun rolling out its cryptocurrency point-of-sales (POS) devices in Indonesia, betting that the central bank will discard its current anti-cryptocurrency stance within three years, the South China Morning Post reported June 4. A POS terminal is an electronic device used to process card or electronic payments at sales outlets. The idea behind the startup’s devices is to make digital currencies a medium of daily exchange, letting people use virtual currencies to buy necessities like food products in retail stores, cafes and shopping malls where merchants…

Blockchain Startup Develops an Uber-like App for Parcel Shipment

Triwer, a blockchain-based logistics platform, is working on an app for the parcel shipment which would automatically plan the best delivery route. According to the company’s website, the app is currently under beta testing and will be available for download in Q2 2018. Smart contracts and shared space capacity “Triwer has built in a number of unique selling points which we believe will make Triwer an industry online standard in much the same way as Uber in the private taxi sector or AirBnB in short term property rentals”, Triwer’s white…

SEC Names New Senior Advisor to Oversee Crypto Regulation

The U.S. Securities and Exchange Commission (SEC) has created a new senior advisory position to oversee securities regulation of the crypto sphere, according to a press release published today, June 4. Ms. Valerie A. Szczepanik has been named Senior Advisor for Digital Assets, as well as Associate Director of the Division of Corporation Finance. She will be tasked with “coordinat[ing] efforts across all SEC Divisions and Offices regarding the application of U.S. securities laws to emerging digital asset technologies and innovations, including Initial Coin Offerings (ICOs) and cryptocurrencies.”   Formerly the…

Ripple Donates $50 Mln to Universities to Support Blockchain, Crypto Education

Ripple (XRP) has unveiled their University Blockchain Research Initiative (UBRI) consisting of a $50 mln donation to 17 universities globally to support education in blockchain and crypto, Ripple Insights reports June 4. Ripple will also contribute technical resources and expertise as part of the initiative, allowing the universities to collaborate with Ripple on blockchain research and blockchain and crypto-based curriculum formation. Among others, Princeton will work with the UBRI to research the policy impact of crypto and blockchain worldwide, UPenn will receive support for MBA-MS candidates for a dual-degree program…

Crypto Tipping Added to Streamlabs App, Responsible for 15% of Twitch Streams

Broadcasters on Streamlabs, a Twitch streaming app, can now accept cryptocurrency as tips, the Steamlabs blog posted on June 1. According to NewZoo market intelligence provider, during the first quarter of 2018, the Amazon-owned Twitch garnered 2 bln viewing hours, with Steamlabs making up 15 percent of Twitch streams. Steamlabs reported in April that they had made almost $35 mln in tips in the 2018 Q1. In order to enable crypto tips, a broadcaster will have to connect their account to crypto exchange and wallet Coinbase. The blog notes that…

Steve Wozniak: Bitcoin Is ‘The Only Digital Gold’

Apple co-founder Steve Wozniak said that “only Bitcoin is pure digital gold” in an interview June 4, reaffirming his belief in the cryptocurrency despite having sold most of his holdings. Speaking to CNBC at the ongoing Money20/20 conference in Amsterdam, the veteran developer said he “bought into” comments from Twitter CEO Jack Dorsey about Bitcoin becoming the “single currency” of both the internet and the world. Dorsey spoke at two events in March and May, where he predicted that Bitcoin would become the international currency of choice by 2028. “I…

A Crucial Month for Cryptocurrency

A crucial month for cryptocurrency: John McAfee has predicted a 100% Bitcoin price (BTC) growth. Is it turning into reality? John McAfee, the founder of McAfee Software, has recently made a bold claim that Bitcoin price could trade at around the $15,000 mark in June. John McAfee’s claim was based on market environment and trader’s sentiment instead of technical or fundamentals factors. His price bet was quite awkward at that time because it coincided with Donald Trump’s public refusal to meet with North Korea’s president, and great political meetings in the…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 04

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Most large businesses have been quick to realize the vast potential of the blockchain technology and are moving towards adopting it. Now, even the United States are catching up. New York state is planning to establish a task force to study the implications…

John McAfee Tweets | John McAfee Wants to Be the US President in 2020

Yes, that’s right —president. John McAfee tweets his presidential intentions to “best serve the crypto community by providing the ultimate campaign platform for us.” McAfee hopes to give the cryptocurrency community a stronger voice and box on which to stand. His presidential bid came June 3rd, with a look towards the 2020 US presidential election. In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I…