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BLOCKCHAIN SUMMIT Join the pioneers, innovators and thought leaders of the blockchain industry at our one day conference.
Speaking on the main stage:
Zeeshan Feroz, CEO of Coinbase UK
Obi Nwosu, CEO of Coinfloor
Cassie Craddock, Global Payments and Marketplace Expert at Ripple
Ruth Wandhöfer, Managing Director / Global Head of Regulatory & Market Strategy at Citi
13th of June 2018, Old Billingsgate, London
Gold Sponsor BP Prime Exclusive after show networking event, sponsored by Laneaxis, which will be open to all delegates.
Book now for earlybird discount | We’re still in a bearish market for Bitcoin as the price fell during last week, reaching a low on Thursday morning of $7,932. It started to pick up again and by the end of the weekend had recovered some of the lost ground, reaching $8,531. It showed a slight downturn this afternoon and at the time of writing is at $8,389. Here’s a chart of the Bitcoin/dollar price in the last week: 
ADVFN’s Cryptocurrency page gives you prices for Bitcoin and altcoins Bitcoin Predictions There was the usual mix of Bitcoin Cheerleaders and Bitcoin Bashers this week. CEO of Twitter, Jack Dorsey, is a fan and he hopes that Bitcoin will one day be the native currency of the internet. Read what he said on ccn A former JP Morgan trader remains confident that the Bitcoin price will reach $20,000 by the end of the year, despite the current bearish market. Danny Masters, who is now the chairman of investment firm Coinshares, says that more work is needed on the structure of the cryptocurrency markets and its tools. Watch a video of his comments on CNBC Jack Ma, the chairman of Alibaba who is considered to be China’s richest man, thinks that Bitcoin is a bubble although he is in favour of blockchain technology. cnn has the story Wall Street veteran Steve Eisman, best known as one of those who called the sub-prime mortgage market crash correctly a decade ago (as described in the book The Big Short), says he doesn’t see the point of cryptocurrencies. He said, “I don’t see the purpose of it. What value does cryptocurrency actually add? No one’s been able to answer that question for me.” Read the story in the Wall Street Journal Rebutting Warren Buffett After Warren Buffett called Bitcoin “rat poison squared” and declared it is fundamentally flawed, legendary venture capitalist Fred Wilson hit back saying Buffett had not done his research. At the Consensus 2018 conference in New York City, he said Buffett had not “taken the time to really understand what’s going on here”. Read his remarks on ccn A Bitcoin mining firm decided to troll Buffett by erecting billboards outside his office to remind his he’d been wrong in the past about Google and Amazon – so maybe he was wrong about Bitcoin too. Take a look at the billboards on ccn | 
ETORO – Trade – Invest Exclusive to ADVFN users: an introduction to cryptocurrencies. Crypto needn’t be cryptic! Download free E-book Highly volatile investment product – your capital is at risk | Cryptocurrency Crime A new cryptojacking virus has a novel way of protecting itself – it shuts down the computer when it gets targeted by antivirus software. Read about the malware on Finance Magnates The co-founders of a cryptocurrency that was promoted by boxer Floyd Mayweather and record producer DJ Khaled have been indicted for fraud. The three men set up a company, Centra Tech, which created the Centra token. They are being charged with planning to defraud investors out of millions of dollars. Read the story on Market Watch Governments and Crypto Seminole County in Florida will accept Bitcoin and Bitcoin Cash payments for taxes starting this summer. The payments will be processed by BitPay. Read the story on Finance Magnates The French finance minister has made positive comments about cryptocurrency, saying he is “passionate” about it. Read his remarks on Finance Magnate Russia is moving ahead with plans to regulate cryptocurrencies. A framework will go before the country’s Duma for consideration, and if approved will be added to Russia’s civil code. Get the details from Coingeek Major cryptocurrency exchange Bitfinex is forcing users to submit tax information which the company will then send to the British Virgin Island government – which may, in turn, exchange the info with the tax authorities in the users’ own country of residence. This move may have contributed to last week’s price correction. Read about it on ccn Exchange and Bank News The New York Stock Exchange’s parent company has been working on an online trading platform which will allow large investors to buy and hold Bitcoin – and Wall Street traders are warming up to the cryptocurrency. Read the story in the New York Times The social investing platform eToro is expanding its operation to the US. The company announced last week that they have opened the waiting list for people in the US who want to trade cryptocurrencies. Get the details from Coindesk Coincheck, the Japanese cryptocurrency exchange that lost $500 million of cryptocoins to hackers, plans to delist trading pairs for cryptocurrencies that are centred around privacy: Monero, zcash and dash. The company announced that it is “not appropriate” to deal with these currencies because the lack of traceability in transactions makes it hard to comply with anti-money laundering regulations. Read the story on ccn Blockchain News HSBC says it has for the first time used blockchain technology to make a commercial financial transaction. This enabled it to be completed speedily rather than taking around a week using the normal paper-based processing mediums. The transaction was a letter of credit covering the movement of bulk soybeans to Malaysia from Argentina. Get the details from CNBC Cathay Pacific, the Hong Kong airline giant, is exploring blockchain technology. It wants to use distributed ledger technology for its air miles program. Read the story on ccn ICOs The Securities and Exchange Commission set up a fake ICO website in an attempt to show just how easily investors can be scammed. The site had a whitepaper, celebrity endorsements and info about the team working on the project – all of which were fake. Read about it on Market Watch The Texas State Securities Board has shut down an ICO that was using a fake endorsement from actress Jennifer Aniston and other celebrities. Read the story on ccn Mining News Two Chinese manufacturers of cryptocurrency mining equipment are planning to float. Their IPOs could raise as much as $1 billion each. Get the details from Reuters Anyone who has tried mining cryptocurrencies will know that it uses a lot of electricity. A new article explains that by using complex economic models, the author has determined that this year crypto mining could use 0.5% of the world’s electricity supply. Science Daily has the story Other News John McAfee, who developed the anti-virus program that bears his name, has for the past few years been a cryptocurrency activist. Now he says he’s under siege from the US SEC. Read the bizarre story on Finance Magnates Following in the footsteps of Google, search engine Bing has now banned advertising that mentions cryptocurrency. The announcement says the ban is to protect users from scams. Read Bing’s announcement here HTC plans to sell a smartphone that doubles as a cryptocurrency wallet. The Exodus phone act as a storage device for those who want to access their crypto while on the move. Coindesk has the story And finally, cryptocurrencies have arrived in Springfield. A popular game featuring the Simpsons sees the characters talk about Bitcoin. Read about the game on ccn The Crypto Trader News, information, tips and opinions on all things to do with cryptocurrency. Purchase a subscription with Bitcoin, LiteCoin, Ethereum or PlusOneCoin. Click here for more information New Book on Cryptocurrencies out now
from Clem Chambers The CEO of ADVFN, Clem Chambers, has a new book on cryptocurrencies out now in paperback and for the Kindle. Click here to buy the book from Amazon Trading Cryptocurrencies: A Beginner’s Guide - Bitcoin, Ethereum, Litecoin is an invaluable guide to making money in cryptocurrencies: how they work, how to invest in them, trading cryptocoins, mining, and the technical details behind them. 
Click here to buy the book from Amazon CME Bitcoin Futures ADVFN (LSE:AFN) is now offering free CME Bitcoin Futures data to its four million registered users. Anyone visiting the ADVFN site can obtain quotes, view charts and access real-time news for CME Bitcoin Futures here. Users can add these contracts to their portfolios and see bid, offer, highs, lows and current prices along with traded volumes. They can also view them on their monitor pages alongside their other investments. | 
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