Number of Women Eyeing Crypto Investing Doubled Since Start of Year

Over the last six months, the amount of women considering an investment in cryptocurrencies has gone from 6% to 13%, reports City A.M. June 9. The report was based on a market research conducted by a UK cryptocurrency exchange London Block Exchange, which shows that cryptocurrency is most popular with women in the millennial generation, one out of five of whom express a desire to invest. The research also suggests a difference in the way men and women invest, with women taking a more strategic approach as they are 50%…

Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Residents of the Swiss city, Zug, will use the city’s eID system to vote using their smartphones this month as part of a blockchain based voting test, according to the Swiss Broadcasting Corporation. From June 25 to July 1, residents will download an app to register to vote. The city, home to what’s known as the “Crypto Valley” because of its numerous blockchain startups, established its eID system last November and already has close…

Netflix ‘Explained’ Falsely Claims Bitcoin is Mostly Spent on Illegal Services

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Jameson Lopp, a former lead engineer at BitGo and a prominent Bitcoin developer, has criticized Netflix, the $159 billion entertainment giant, for one of its “Explained” series focused on Bitcoin and the cryptocurrency market. Wrong Arguments In collaboration with Vox, a US-based media company that runs a popular YouTube channel that delves into difficult subjects and produces informative videos, Netflix created a series called “Explained” in early 2018 to offer unique insights into a…

All of Top 100 Cryptocurrencies See Red Amidst CFTC Price Manipulation Probe

Sunday, June 10: crypto markets have seen a sharp drop today, in the wake of the news that the US Commodity Futures Trading Commission (CFTC) has launched a probe into four major crypto exchanges. All of the top-100 cryptocurrencies by market capitalization are in the red over the 24 hours to press time, while total market capitalization is down by about $20 bln over the same period, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has lost just shy of 5 percent of its value in the past 24…

Bitnation, Liberland, Puertopia and Other Micronations Are Gaining Independence via Crypto, But Crypto Alone May Not Be Enough

Ever since the “decentralised borderless voluntary nation” Bitnation was founded in July 2014, a slowly growing raft of startups and organisations have been attempting to seize cryptocurrencies as an opportunity to build entirely new nations from the ground up. Whether it be the landlocked Liberland or the seaborne Floating Island Project, they’ve taken cryptocurrencies and blockchains as the basis for a new way of organising how people live, interact and work. And even if they’ve approached the same fundamental task from varying angles, they all regard the decentralisation of crypto…

Bitcoin Adoption Galore Despite Its 300th ‘Funeral’

Top Stories This Week Apple Co-Founder Very Bullish On Bitcoin As The Only “Pure” Cryptocurrency Steve Wozniak said this week that he sees “only Bitcoin [as] pure digital gold,” echoing previous comments by Twitter CEO Jack Dorsey about Bitcoin becoming the “single” currency of both the internet and the world. According to Wozniak, all other cryptocurrencies give up some aspects of Bitcoin that makes Bitcoin a unique asset class. SEC Chairman Jay Clayton Believes Bitcoin Is Not A Security After months of uncertainty coming from the SEC over cryptocurrency and…

Bitcoin Drops to $7,200 While Ethereum, Ripple, and Bitcoin Cash Fall 7 Percent

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Over the past 24 hours, the cryptocurrency market dropped more than $22 billion, falling from $343 billion to $321 billion in market valuation. Bitcoin fell by 5 percent, while other major cryptocurrencies recorded larger losses, dropping by more than 7 percent. What Triggered the Drop? On previous reports, CCN emphasized that while the cryptocurrency market has somewhat stabilized in terms of price movements, the volumes of most digital currencies remained relatively low. Bitcoin’s volume…

Canada Releases Official Draft of New Crypto Regulations Focused on KYC/AML

The Canadian government has released an official draft of new regulations on crypto exchanges and payment processors, Canada Gazette reports June 9. According to the draft, the new regulations seek to address a “number of deficiencies” that the Financial Action Task Force (FATF) outlined after their evaluation in 2015-16, namely in strengthening Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime (AML/ATF). The new regulations will treat crypto exchanges and payment processors as money service businesses (MSB), which requires them to report large transactions — those over $10,000 Canadian dollars ($7700 USD)…

Bitcoin Price Weekly Analysis: Can BTC/USD Break Higher?

Key Points Bitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar. There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must accelerate gains above the $7,750 and $7,800 barriers for more upsides in the near term. Bitcoin price is moving in a bullish zone above $7,200 against the US Dollar. BTC/USD may perhaps clear the $7,800 resistance to jump above $8,000 in the near term.…

Ethereum Price Weekly Analysis: ETH/USD’s Uphill Task

Key Highlights ETH price is trading in a positive zone above the $570 level against the US Dollar. There is a major bearish trend line in place with resistance near $650 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may perhaps move higher in the short term, but it could struggle to break the $650 resistance. Ethereum price is moving in a broad range versus the US Dollar and Bitcoin. ETH/USD might gain traction to test a major hurdle near the $650 level. Ethereum Price Resistance…