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CNN

Canadian police return to property linked to suspected serial killer, find ‘items of interest’

July 5, 2018 |

Toronto police on Wednesday returned to a home linked to suspected serial killer Bruce McArthur and discovered “items of interest,” a spokeswoman said.
CNN.com – RSS Channel – Regions – Americas

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30%

June 27, 2018 |

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% Last May

This week the cryptocurrency firm Circle revealed it has seen a significant uptick in institutional interest. According to Circle CEO and co-founder, Jeremy Allaire says even though cryptocurrency markets were down in during the month of May the company saw a 30 percent spike from institutional clients last month.

Also read: Meet Three More Applications That Utilize Bitcoin Cash OP_Codes

Despite the Sliding Market Prices — Circle Sees a 30% Uptick in Family Offices and Venture Capital Firms Investing in Cryptocurrencies

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% Last MayCryptocurrency markets are down over 69 percent since December 16, 2017, and the past few months of 2018 has been awfully bearish. However, during this period of time, lots of companies like Coinbase, Bitgo, Circle, and others have been opening their doors to institutional investors. This week according to Circle’s co-founder Jeremy Allaire the firm had seen a notable increase in from institutional investors.

“In May, which was a challenging month, we saw a sharp increase of unique new counter-parties,” explains Allaire during an interview this week. “A lot of folks on the institutional side are on-boarding, and getting their ducks in the row.”

Circle states that it handles roughly $ 2 billion USD worth of trades on its platform every month. Allaire explains that before the flurry of corporate clientele Circle couldn’t facilitate extremely large orders of $ 100K to $ 1Mn trades in a high-frequency fashion. However now ‘Circle Trade’ can handle those types of fast swaps, and the company emphasizes that since then interest has stemmed from family offices and venture capital firms. Circle notes this type of clientele added 15 times more transaction volume per day than last year. Allaire details this week the industry is maturing greatly stating:

Major institutional investors don’t go through a telephone broker. They go through an electronic interface — We’re maturing this into a more traditional product; it’s much faster and a more flexible way to trade.

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% Last May

Circle Details How it Lists New Digital Assets and How the Firm Will Handle Future Forks and Airdrops

The news from the Unicorn cryptocurrency firm Circle follows the company’s recent explanation of how the firm chooses digital assets to be listed on its trading platforms. Furthermore, the company has provided a form for cryptocurrency development teams to apply for an asset listing. Circle also takes time to explain how they will handle future blockchain splits, forks, and airdrops that stem from coins they list.

“Because these events can be sporadic and dependent on circumstance, we plan to evaluate on a case-by-case basis — We are more likely to support these events if they are planned, documented and communicated well in advance,” Circle details.

We’ll communicate our decision as to whether or not to support an event at least 5 days in advance through the Notices section of the exchange homepage and an email to users holding a balance in the asset affected.

What do you think about Circle seeing an increase in interest from institutional investors like family offices and venture capital firms? Let us know your thoughts in the comment section below.


Images via Shutterstock, Twitter, Pixabay, Circle, and EJ Insight. 


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The post Cryptocurrency Firm Circle Sees Institutional Interest Spike 30% appeared first on Bitcoin News.

Bitcoin News

TMZ

Second Person of Interest in XXXTentacion Murder Case Has Long Rap Sheet

June 27, 2018 |

The man named as a new person of interest in XXXTentacion’s murder case has had a lot of run-ins with the law, much like the arrested murder suspect … TMZ has learned. 22-year-old Robert Allen’s rap sheet in Broward County, FL dates back to early…

TMZ.com

Interest in Bitcoin Set to Double in Europe, New Survey Suggests

June 27, 2018 |

Interest in Bitcoin Set to Double in Europe, New Survey Suggests

People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The poll gauges the awareness of cryptocurrencies and the expectations for their future. The research covers over a dozen European nations, but also the United States and Australia, presenting some unexpected findings.  

Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

Lower Income Countries Know More About Bitcoin

The survey, carried out by Ipsos for the Dutch banking giant ING, reveals how cryptocurrencies such as Bitcoin are perceived in 2018. It does so by interviewing almost 15,000 respondents in 15 European countries, the United States and Australia. The authors aimed to better understand how people around the world spend, save, invest and feel about digital money. They also sought answers to the question, will cryptocurrency become more mainstream?

The poll conducted online between March 26 and April 6 reveals high awareness of cryptocurrencies among residents of the Old Continent. Two thirds of Europeans (66%) have heard of cryptos, with higher numbers among males (77%). Several lower income countries like Turkey (70%), Romania (75%) and Poland (77%) have a higher share of people who have heard of cryptocurrency than the European average – 66%. More Australians (70%) than Americans (57%) are aware of Bitcoin.

Interest in Bitcoin Set to Double in Europe, New Survey Suggests

A surprising discovery was that younger people, in the brackets 25-34 and 35-44 years, are not necessarily much more knowledgeable than other age groups. For example, 60% of European respondents aged 65 or older shared they had heard of cryptocurrency. Tech-savvy Europeans, typically those using their mobile devices for online banking, are more likely to have heard of cryptocurrencies (69%) than the rest (59%), the researchers point out.

In most cases, 11 out of 15 countries, websites specialized in providing cryptocurrency-related content are the preferred source of information when making decisions on bitcoin investments. Investors in only three countries, Spain, Luxembourg and France, tend to more often seek advice from experts from financial institutions and banks, while Italians are divided, the study shows. The numbers of those who rely on guidance from family and friends or software algorithms are relatively small.

Less than a third of European respondents said they would never invest in cryptocurrencies. Austrians are the biggest skeptics, as well as people over 65 years of age. Only 14% of the young respondents, 18-34 years old, are unwilling to put money into crypto.

A Quarter of Europeans Expect to Own Crypto in the Future

Interest in Bitcoin Set to Double in Europe, New Survey SuggestsThe share of people owning cryptocurrency in Europe is still relatively low – 9% said they had purchased bitcoin or any other crypto, with the data for Australia (7%) and the US (8%) showing similar results. Luxembourg (4%) and Belgium (5%) are at the bottom of the table, while Eastern European countries, like Poland (11%) and Romania (12%), are among the leaders in the survey. Turkey, with its staggering 18%, tops the chart. In Europe, “mobile bankers” (12%), males (13%) and young people between 25 and 34 years old (16%) are again more likely to own cryptocurrency.

The good news is that one in four Europeans (25%) expects to acquire cryptocurrency in the future, which translates into a 16% potential increase in the share of crypto owners. Again, the percentage of those likely to say they expect to buy cryptocurrency is higher among people using their smartphones for banking. Generally, those Europeans that are at least aware of cryptocurrencies are also less likely to purchase crypto assets. Elsewhere, 15% of Australian respondents believe they would own cryptos in the future, while the same can be said for 21% of Americans.

Europeans More Optimistic than Australians and Americans

Interest in Bitcoin Set to Double in Europe, New Survey SuggestsThe authors of the survey also asked several questions to determine the respondents’ view of what the future holds for Bitcoin and the like. Europeans are generally more optimistic than participants from Australia and the US. The combined data for the 13 European countries in the study shows that 35% of those questioned expect cryptocurrencies to rise in value in the next 12 months. That’s compared to 34% of Americans and 22% of Australians. The Turks are the most optimistic of the bunch, 51%, while only 20% of the residents of Luxembourg expect the prices of the digital coins to go up again.

The optimistic Europeans are also those who believe cryptocurrencies are the future of online spending: 35% and 32% respectively say Bitcoin and altcoins are the future of financial investments. In Australia, these numbers are 18% and 19%. Almost a third of Americans, 31%, think cryptocurrencies will be used for online purchases and 29% see them as main investment instruments in the years to come.

Interest in Bitcoin Set to Double in Europe, New Survey SuggestsEuropean respondents that know of, own or plan to acquire cryptocurrency have also been asked if they would use it for certain purchases and purposes. Less than half of the interviewed Europeans, between 40 and 49% from all categories, don’t want to change their habits when it comes to everyday payment transactions.

From the rest, 23% said they would buy a cup of coffee with bitcoin, 21% are willing to pay their taxes or monthly electricity bills in crypto, 26% think it’s a good idea to buy a plane ticket with bitcoin, 30% are ready to make international online payments, and 20% admit they would use cryptocurrency to save for their children’s tuition fees. In general, the researchers conclude, younger people and residents of countries with lower per-capita income levels are more likely to consider cryptocurrency as a payment option. At the moment, 15% of Europeans would accept their salary in cryptocurrency.

Do you expect interest in cryptocurrencies to rise again in the near future? Tell us in the comments section below.


Images courtesy of Shutterstock.


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The post Interest in Bitcoin Set to Double in Europe, New Survey Suggests appeared first on Bitcoin News.

Bitcoin News

Higher interest rates are spurring a subtle shift to cash investments. But don’t expect to get rich

June 24, 2018 |

Cash is creeping back.

With interest rates rising and the stock market cooling from its big gains last year, some savers and investors are placing more money into once-dormant cash-related products such as money market funds, bank certificates of deposit and Treasury securities.

The net assets…


L.A. Times – Business

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees

June 16, 2018 |

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees

For more than a decade, Freedom Fest has been a top attraction on the conference circuit for those leaning toward freer markets. Through the years, it has grown to include speakers and topics well beyond economics. In doing so, it has attracted some of the most interesting minds in the world. 

Also read: William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite Get It

Freedom Fest Founder Talks Crypto

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees

This year’s gathering in Las Vegas, July 11th through 14th, is continuing to branch out. Cryptocurrency and its underlying technology are taking up more intellectual space this July, with a host of debates, lectures, and presentations sure to interest news.Bitcoin.com readers. We caught up with its founder, legendary economist Mark Skousen, to gain insight into the popular conference.

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees
Dr. Skousen

News.Bitcoin.com: Freedom Fest is one of the biggest, best attended libertarian/freedom movement soirees. Why do you think it’s so popular while other conferences struggle to sell tickets?

Founder Mark Skousen: We do several things unique — first of all, Freedom Fest is a Renaissance gathering, where we talk more than just politics. We also discuss and debate philosophy, history, science & technology, healthy living, music & dance, law & religion, etc. We even have a film festival. There’s something for everyone. We also have lots of breakout sessions, so there’s plenty to choose from, and nobody is bored. We also have a “financial freedom” investment conference, my area of expertise. I think if we were strictly a libertarian conference, we wouldn’t be so successful. I also like to think that because we are a “for profit” business, we focus more on what the attendee wants, rather than what the donors want. Also, we aren’t competing with non profits and engaged in fundraising. 

I do think we could be a lot bigger and more influential — as “the greatest libertarian show in earth,” as the Washington Post calls us — if everyone in the freedom movement, including think tanks, would join together instead of each one starting their own conference, which is what they are all doing. As Ben Franklin says, “We just all hang together, or we shall surely all hang separately.” (So let’s hang out in Vegas!) We are relatively small in the world, and spreading ourselves too thin these days. So we offer every major freedom organization a chance to create their own mini-conference at Freedom Fest.

Every year Freedom Fest seems to incorporate more cryptocurrency themes into the program. I’ve counted at least four events centered around them, including what looks to be a pretty great debate. Is it just my bias showing? Or, have you seen a growth in interest by Freedom Fest participants as well?

Yes, I think so.  We’ve been covering digital currencies for several years now, which I regard as a legitimate currency, although not especially utilitarian given its volatility. That’s why we invited Patrick Byrne, CEO of Overstock, to address us this year — he thinks bitcoin and blockchain are revolutionary. I agree.

This year’s Freedom Fest boasts Naomi Brockwell, Bitcoin Girl, as the gathering’s mistress of ceremonies. We’re, of course, big fans of her, but why did you choose her as MC?

Not because she’s the Bitcoin Girl, but because she’s young, attractive, and intelligent — and a great voice. She’s also well known in the freedom community.

Just about every year, there’s a surprise guest or someone thought to be controversial. Two years ago, for example, no less than candidate Donald Trump made a pitch to participants. Any hints as to what might happen this year?

We have invited a surprise guest, and if he shows up, it will be standing room only. But it’s a long shot.

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees
Naomi Brockwell

I printed out the agenda, itinerary, for this year’s Freedom Fest. Wow. It’s something like 20 pages. Is having a wide arrange of topics, from religion to education, to anarchy, done on purpose? Or has it just evolved that way?

We’ve had wide diversity of topics, debates, panels, etc. from the very beginning. We also work hard to make the topics provocative. It’s essential to get a good turnout, since each session competes with nine others.

We also have a different theme every year…In the past, it’s been “Are We Rome?”…”Are We Headed for Another French Revolution?”…”Is the American Dream Lost?”…and this year “Where is the Voice of Reason?”

Your seminal textbook, Economic Logic, now in its 5th edition, has a brief mention of bitcoin. Do you think that’s bound to change, say, for the 6th edition? In other words, do you think economists such as yourself will be compelled to grapple with it to a greater degree?

I do plan to include a major section of digital currencies in the 6th edition. I wished I had put in more in the 5th edition.

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among AttendeesAt least one of your quotes about bitcoin went viral a while back. You basically contend it won’t ever replace gold due to the fact computers can be effectively shut off, shutting off access to bitcoin. Do you still maintain your contention about it never replacing gold?

I’m of the opinion that the upward trend in gold seems to have been affected by the increasing interest in bitcoin and other cryptocurrencies as a legitimate alternative. But because it’s digital and non-physical, it can never replace the benefits of actual gold ownership.

You were one of the few well-known economists to express a bullishness towards cryptocurrency. Do you still think well of crypto? Has the price drop changed your mind?

Volatility is still a problem, and that’s keeping back its use by everyman. Most investors hold it as a speculation rather than a medium of exchange.

Do you, or have you, actually used cryptocurrency to purchase goods and services? Just curious.

Not yet.  Like everybody, I wished I had gotten in early and become a millionaire!

Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among AttendeesThis year Freedom Fest is throwing a 50th Anniversary celebration for Reason. How important is Reason to the liberty movement in your view?

Reason Foundation has grown tremendously in the past 50 years and now competes with the Cato Institute as the most influential libertarian freedom organization. I’m a big supporter, and they are equally supportive of what we are trying to do. We are delighted to have them co-sponsor many of our events this year. For the first time, they are holding their Reason Media Awards at Freedom Fest at the Saturday night banquet on July 14 rather than in New York.

We are honored to celebrate special years with all the freedom organizations.

Next year we have a theme that will draw a big crowd (I predict): “The Wild West.” July 17-20, 2019, Paris Resort, in Las Vegas. And yes, we are planning a square dance!

What do you think about Freedom Fest? Let us know in the comments. 


Images via the Pixabay.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi Pulse, another original and free service from Bitcoin.com.

The post Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees appeared first on Bitcoin News.

Bitcoin News

Stocks mostly up after European Central Bank goes easy on interest rate hike

June 14, 2018 |

U.S. stocks mostly ticked higher on Thursday after Europe’s central bank became the latest to spell out how it will close the spigot on the emergency stimulus it’s flooded into the market in recent years.

More evidence also arrived that the U.S. economy is improving, including a better-than-expected…


L.A. Times – Business

Stocks slip after Fed says interest rates will rise faster

June 13, 2018 |

U.S. stocks slipped Wednesday after the Federal Reserve raised interest rates and said it expects to increase twice more by year’s end. Investors bet that several huge deals are more likely to happen after a federal court cleared AT&T’s $ 85-billion purchase of Time Warner.

Wall Street was already…


L.A. Times – Business

Women’s Interest in Crypto Trading Has Doubled, UK Exchange Reveals

June 10, 2018 |

Women’s Interest in Crypto Trading Has Doubled, UK Exchange Reveals

While women remain a minority among cryptocurrency traders and investors by all accounts, new data reveals that their interest in joining the field is growing fast. This increased openness to crypto is especially true among the young generation of women.

Also Read: This Week in Bitcoin: Still Ways to Make Quick Fortune in Crypto, Satoshi Revealed?

Women Leading the Way

Women’s Interest in Crypto Trading Has Doubled, UK Exchange RevealsLondon Block Exchange is a UK crypto platform offering GBP pairing with multiple  cryptocurrencies including Bitcoin Cash (BCH), Ethereum Classic (ETC), Bitcoin Core (BTC), Ethereum (ETH), and Litecoin (LTC). LBX is based in London’s Canary Wharf commercial district and is also an e-wallet services provider registered with the UK’s Financial Conduct Authority.

Data from the trading venue shows that the amount of women thinking about investing in cryptocurrencies has doubled in the last six months. According to the new statistics, one in eight women, or about 13%, now say they would possibly decide to invest in cryptocurrencies, up from just 6% at the end of 2017. LBX’s market research also found that this growing female interest is particularity true among the millennial generation, as with one in five millennial women (20%) interested in investing.

Agnes de Roeyer, senior business analyst at London Block Exchange, told City A.M. that: “There’s still a common misconception that cryptocurrency is a game for men, but we’ve seen hundreds of women sign up for our exchange in the last few months and some of the most inspiring and knowledgeable investors, leading the way in the industry are female.”

Market Saturation Among Men

Women’s Interest in Crypto Trading Has Doubled, UK Exchange RevealsThe LBX statistics also revealed a stark difference in the attitude to crypto trading between men and women. Firstly, there was no significant growth in interest among men during the last six months, in contrast to the mentioned above. Second, women were found to be 50% less likely to suffer from FOMO (fear of missing out) than men. Lastly, women were found to be twice as likely to ask for advice from friends and family before investing, in contrast to men who say they prefer to decide just by themselves.

Back in May we reported about a demographic analysis of people trading on cryptocurrencies using the social investing network and multi-asset brokerage, Etoro, revealing that women consist just a 8.5% market share compared with men’s 91.5%. While there could be other factors at play, that research seemed to indicate that one reason for the gap is that cryptocurrency is especially popular in technology and finance industries, both fields that suffer from a severe gender imbalance.

How could the bitcoin community attract more female users? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


Now live, Satoshi Pulse. A comprehensive, real-time listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.

The post Women’s Interest in Crypto Trading Has Doubled, UK Exchange Reveals appeared first on Bitcoin News.

Bitcoin News

An interest in model airplanes paved the way for Ben Diachun of Scaled Composites

June 9, 2018 |

Ben Diachun, president of Scaled Composites, got interested in aviation from an early age.
L.A. Times – Business