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ShapeShift CEO Donates $1,000 in Bitcoin to Venezuelans: A Real Lifeline/ bitseven,bitcoin exchange,Cryptocurrency exchange 

ShapeShift CEO Donates $1,000 in Bitcoin to Venezuelans: A Real Lifeline/ bitseven,bitcoin exchange,Cryptocurrency exchange

Bitseven.com - Erik Vorhees, the CEO at instant digital asset exchange ShapeShift, has donated $1,000 in BTC to AirdropVenezuela. The latter is an initiative which aims to offer a helping hand to people in Venezuela who are currently torn by government corruption and unprecedented inflation.

“I just donated $1,000 in BTC to AirdropVenezuela Who else wants to help Venezuelans abandon fiat and escape tyranny?”

Cryptocurrencies in the country are proving to be particularly valuable because its economy is torn by hyperinflation. 2018 saw an unprecedented 1.7 million percent inflation rate, causing a lot of people to turn to the viable alternative which cryptocurrencies provide.

A Real Lifeline Vorhees’ donation in BTC does represent a real lifeline because it’s definitely capable of helping a lot of people out.

A recent story published by the New York Times called Bitcoin Has Saved My Family has quickly gone popular. It shows that Bitcoin, as well as other cryptocurrencies, are far more than just a buzzword, especially when it comes to living in a failing economy and a collapsing dictatorship.

The story depicts the struggles of a Venezuelan family amid a 3.5 percent daily inflation rate and how Bitcoin is the only thing that’s able to keep the family afloat and put food on the table.

Taking Down the Dictatorship, “Figuratively” The initiative that Vorhees is donating to is called Airdrop Venezuela. Popular cryptocurrency artist cryptograffiti has created a mural made out of actual Venezuelan Bolivar bills. There are one thousand of these bills on the wall and they all paint the picture of Venezuela’s President – Nicolas Maduro.

The idea behind the project is fairly simple – people are free to donate $10. As soon as they do that, they will be able to watch how one of the thousand bolivar notes, comprising the mural and Maduro’s face, disappears on a live stream.

While figuratively, the initiative represents the will of people to overthrow the existing dictatorship.

Obviously, the community welcomed it quicker than expected. Out of the $10,000 donation goal, $10,280.38 has already been raised. This represents a total of 2.76185489 BTC.

In addition, the pieces of the mural are going to be signed and saved as donor prizes. The top donor will be entitled to a choice between two framed paintings, both of which depict Maduro’s eyes watering up with tears.

The proceeds of the campaign are going to go towards building facilities at the Fundacion Renacer event venue. It provides support for families who are affected by the economic crisis in the country.

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Bitseven is one of the most advanced cryptocurrency leverage trading, exchange and purchasing platform for Bitcoin, Ethereum, Litecoin and Bitcoin Cash trading. The platform is backed by a team of skilled software developers, financial professionals and experienced traders along with best in class technology which together allows the user to do reliable trading. The use of advanced technology further leads to real-time clearing and advanced order matching algorithms as well as fault tolerance and uptime for a smooth trading experience.Bitseven offers high execution speed for swift and effective transactions. The user can also trade on mobile phone and tablets through the mobile-friendly interface of the platform. All the funds are kept in cold storage to the coins are safe from intrusion or hacking. Through the leveraged trading option, the traders can earn good returns with a small investment and also get a chance to make a profit in all kinds of market situation, whether the cryptocurrency price is going up or down. The users who believe that the cryptocurrency price will increase buy the ‘up’ orders and those who believe the price will decrease will buy the ‘down’ orders.Bitseven is a web-based platform, so there is no need to install any software and the user can trade quickly and securely across all operating systems and devices. It has strong security features and offers protection against DDoS attacks and fully data compliant with PCI DSS standards. Bitseven provides services in 99% of the countries around the globe and trusted by thousands of traders worldwide.Leverage trading is best suited for traders who wish to optimize their profits from holding positions for a short period. One of the major advantages of this type of trading is that the trader has the opportunity to earn a profit in both rising and falling cryptocurrency prices situation. In this type of trading, the user can take advantages of the quick price fluctuations and short-term volatility of the crypto market. Some of the reasons that the Bitseven platform has gained rapid popularity among the crypto traders include high liquidity, the convenience of deposit, easy withdrawal of digital assets, low fee and high security among others. The aim of the platform is to provide a superior trading environment for the customers and ultimately grow to become one of the top virtual currency trading company. More information about Bitseven and its services can be found on their official website.

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Bitcoin Exchange Guide Recounts the Major Crypto Market Events of 2018/ bitcoin margin trading,bitseven,bitcoin exchange,FX Margin bitflyer,CoinMarketCap,poloniex,bitfinex,bitmex,bittrex,bithumb,bitcoin price,etf bitcoin After 2017 ended in a price surge that brought huge profits to anyone even remotely invested into crypto, many were expecting that 2018 will be the same, or maybe even better. However, the year has been dominated by bearish markets, huge losses, headlines regarding hacking attacks, crypto regulations, and news of highly-anticipated projects being postponed. Now, in the final days of 2018, let's take a look back and see what marked the year of 2018 in terms of crypto, and what impact these events had on the emerging digital currency space. Billions Of Dollars Lost Right At The Start While 2017 was the year when crypto trend grew, and prices mirrored this effect, 2018 was the total opposite in terms of value. The first days of the year have seen the last remnants of growth, and Bitcoin even managed to exceed $20,000 per coin. Soon enough, however, the market crashed, and this price now seems like nothing more than a distant memory. The top 10 coins lost a lot of their value in following months, with the total crypto market cap dropping by around $600 billion in the first half of the year. After seemingly reaching stability that lasted for a few months, the market crashed again in mid-November, and they continued dropping until mid-December, where a slight surge that lasted one week brought what might be delicate stability. South Korea Regulating Crypto Space Another consequence of a successful 2017 was the increase in exposure for crypto. With thousands of new investors flooding the space, countries around the world concluded that it is time to start seriously considering crypto regulations. While numerous governments around the world started working on the issue, it appears that South Korea may be the most successful in bringing these concepts to reality. January 2018 was dominated by headlines of price decline and South Korean court decisions which finally gifted Bitcoin with an official economic value. The country did more than that, however, and they introduced a cryptocurrency account system which also banned the anonymous trading of digital assets. Hacking Attacks Hit Numerous Exchanges Despite positive development in South Korea, this is not the only Asian country that has made crypto-related headlines. Japan was also mentioned quite often, especially due to hacking attacks that hit its crypto exchanges. Coincheck was the first on hackers' hit list, and after being compromised, it lost anywhere from $400-534 million worth of NEM. The attack occurred on January 26, and it marked yet another historic exchange hack. However, the loss did not have as large an effect as it was expected. Then, in April, another large attack took place, this time targeting the wallet belonging to an Indian crypto exchange, Coinsecure. The breach resulted in a theft of around $2.7 million in BTC. The exchange blamed CSO Amitabh Saxena, stating that it had a role in this incident. Finally, in September, Indian law enforcers decided to make a move and file charges against several suspects, claiming that the crime was helped by an insider. ICOs Failing Due To Unfriendly Conditions With crypto boom happening in late 2017, a lot of new projects ended up being conceived, and numerous startups hoped to use the trend and investors' willingness to invest in any coins they can find for gathering funds. However, as soon as 2018 kicked off, these projects started seeing a lot of trouble. Not only did the prices decline and the massive cash flow suddenly decreased, but agencies like the US SEC and CFTC cracked down on ICO as well. These agencies had numerous busts on various projects, many of which received cease and desist orders. As soon as in February 2018, reports about failed projects started arriving, one of which claimed that around 47% of ICOs that started in 2017 already failed. The crackdowns continued throughout the year, and they started occurring in the entire world. Even some celebrities that got involved in ICOs ended up paying for it, even if they only promoted these projects. Venezuela's Petro Venezuela's struggling economy is already well-known around the world, and due to harsh conditions, the country's government decided to introduce the first state-backed crypto this year. The coin is called Petro, and it was launched in February 2018. To this day, no one is actually sure if the project works, however, Nicolas Maduro, the country's president, has pointed out advantages of going crypto numerous times. In November 2018, Petro's price was nearly tripled, while the Ministry of Communication and Information came up with a law that allows the currency to be used for commercial transactions. The decision to “toy around” with a so-called multi-asset backed crypto while the entire country is struggling was criticized by many, but the project still remains alive, although the effects have yet to be seen. The Bitcoin ETF Dilemma Despite the massive drop in value, the crypto space did attract a lot of attention, and institutional investors finally became interested. Crypto supporters were waiting for months to see whether or not the US SEC will approve Bitcoin ETF applications, which the regulator continuously delayed. In July 2018, one such application was filed by the CBOE, in cooperation with Vaneck and SolidX. This application was believed to have a chance with the SEC, and that it will not be rejected like all the others. However, as mentioned, the SEC continued to postpone the decision, and the date eventually got pushed further into 2019. The same happened with the Bakkt exchange project, which is expected to bring daily futures contracts. The trading was originally supposed to start in December 2018, but it got postponed and is currently expected to arrive in late January. Bitcoin Cash Hard Fork Finally, one of the largest impacts of the crypto market came in mid-November, after Bitcoin Cash had its second hard fork. The first one was performed successfully in the spring of 2018, and it brought numerous new features which brought a lot of additional development to the project. The second one, however, resulted in a blockchain split and the creation of a new coin — Bitcoin SV. The split was caused due to disagreement within the BCH community regarding the BCH update, and the two coins are currently steadily moving away from the event. What Does The Future Hold For Crypto? 2018 was definitely an eventful year for crypto, despite many difficulties that the entire crypto space had to go through. Many believe that the next year will be a prosperous one, and maybe even the first of many that are about to arrive. Many interesting events with potentially significant consequences are expected in 2019, including Bitcoin ETF approval, the launch of Bakkt, and continuation of projects' development. While no one can predict what will actually happen regarding any of these or other projects, investors still remain hopeful - bitseven.com. 

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Bitseven presents advanced cryptocurrency leverage trading, exchange and purchasing platform

Bitseven is one of the most advanced cryptocurrency leverage trading, exchange and purchasing platform for Bitcoin, Ethereum, Litecoin and Bitcoin Cash trading. The platform is backed by a team of skilled software developers, financial professionals and experienced traders along with best in class technology which together allows the user to do reliable trading. The use of advanced technology further leads to real-time clearing and advanced order matching algorithms as well as fault tolerance and uptime for a smooth trading experience.Bitseven offers high execution speed for swift and effective transactions. 

The user can also trade on mobile phone and tablets through the mobile-friendly interface of the platform. All the funds are kept in cold storage to the coins are safe from intrusion or hacking. Through the leveraged trading option, the traders can earn good returns with a small investment and also get a chance to make a profit in all kinds of market situation, whether the cryptocurrency price is going up or down. The users who believe that the cryptocurrency price will increase buy the ‘up’ orders and those who believe the price will decrease will buy the ‘down’ orders.Bitseven is a web-based platform, so there is no need to install any software and the user can trade quickly and securely across all operating systems and devices. It has strong security features and offers protection against DDoS attacks and fully data compliant with PCI DSS standards. Bitseven provides services in 99% of the countries around the globe and trusted by thousands of traders worldwide.

Leverage trading is best suited for traders who wish to optimize their profits from holding positions for a short period. One of the major advantages of this type of trading is that the trader has the opportunity to earn a profit in both rising and falling cryptocurrency prices situation. In this type of trading, the user can take advantages of the quick price fluctuations and short-term volatility of the crypto market.Some of the reasons that the Bitseven platform has gained rapid popularity among the crypto traders include high liquidity, theconvenience of deposit, easy withdrawal of digital assets, low fee and high security among others. The aim of the platform is to provide a superior trading environment for the customers and ultimately grow to become one of the top virtual currency trading company. More information about Bitseven and its services can be found on their official website.

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Philippines Prepares to Regulate Cryptocurrency Exchanges as Trading Platforms

The head of the Philippines’ Securities and Exchange Commission (SEC) is targeting draft rules for domestic cryptocurrency exchanges within weeks ahead of finalizing regulations later this year.Cryptocurrency exchanges in the Philippines could soon operate as regulated trading platforms as authorities proactively seek to both protect investors and enable an inclusive ecosystem for cryptocurrencies to flourish in the country.In quotes reported by BusinessWorld, SEC commissioner Ephyro Luis B.Amatong  stated: “We will put out a draft rule for the virtual currency exchanges, hopefully within the first half of September.”

The official was speaking to reporters after an SEC meeting on Thursday when he revealed that the authority is in talks with the Bangko Sentral ng Pilipinas (BSP) – the country’s central bank – for joint oversight over the domestic crypto exchange industry.“We already discussed the matter with the BSP since the BSP is also interested and we are also interested,” the SEC chief was quoted as saying by the Manila Times. “The discussion … [involves]joint cooperative oversight over VCEs engaged in trading.”

As CCN reported in February 2017, Philippines was among the first countries in the world to implement formal guidelines for cryptocurrency exchanges. At the time, the BSP outlined mandatory operating guidelines for operators wherein certified exchanges were recognized as remittance and money-transfer firms. 

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Bitcoin Cash, Litecoin and Ripple Daily Analysis – 13/08/18A relatively positive start to the day, but following last Monday’s slide, investors will likely be cautious early on.

Bitcoin Cash On the Up, For Now

Bitcoin Cash gained 1.21% on Sunday, reversing Saturday’s 1.07% fall, to end the day at $571, the moves through the week leaving Bitcoin Cash down 19.5% Monday through Sunday and a 3rd consecutive sub-$600 level end of day.A relatively choppy start to the day saw Bitcoin Cash fall to a start of a day intraday low $553.9, before recovering to $570 levels, with a range bound second half of the day providing little support to a weekend rally, Bitcoin Cash spiking through the first major resistance level at $581.3, with an intraday high 591.4, before pulling back to $570 levels.At the time of writing, Bitcoin Cash was up 0.32% to $572.8, with Bitcoin Cash moving through to an early morning high $575.5 before easing back to a morning $570.4 low, the early moves leaving the major support and resistance levels untested.For the day ahead, holding at $572 level will be key to support a run at $580 levels to bring the day’s first major resistance level at $590.3 into play, while Bitcoin Cash will likely continue to fall short of $600 levels, with resistance on the approach to the second major resistance level at $609.6 likely to be too great even in a broad based rally.

Failure to hold to $572 levels could see Bitcoin Cash given minor upside from the start of the day to hit reverse and cough up Sunday’s gains and pullback to $550 levels to bring the first major support level at $552.8 into play, while sub-$550 levels will likely to avoided barring materially negative news hitting the wires.

Litecoin Struggles at $60

Litecoin gained 2.29% on Sunday, reversing Saturday’s 1.73% fall, to end the week down 20.4% at $59.43, marking the 3rd consecutive sub-$60 close.A recovery from a start of a day dip to $57.35 saw Bitcoin break through the first major resistance level at $60.58 to hit an early intraday high $61.8 before easing back to $59 levels and a range bound afternoon, resistance at $60 levels too strong to allow a break out to test the second major resistance level at $63.98.At the time of writing, Litecoin was down 0.4% to $59.2, as Litecoin continues to struggle to break back through and hold on to $60 levels.A start of a day $59.56 high came up short of $60 and well short of the first major resistance level at $61.7, leading to a pullback to a morning low $58.73 before recovering to $59 levels, the day’s first major support level at $57.25 left untested.For the day ahead, a move back through to the morning high $59.56 would support another run at the first major support level at $61.7, though Litecoin will need to break out from $60 to avoid a sell-off, Litecoin needing support from the broader market early on.Failure to take a run at $60 could see Litecoin hit reverse, with the day’s first major support level at $57.25 in play and a more material decline to the day’s second major support level at $55.08 on the cards should the markets turn negative again later in the day.

Ripple new Key Level – $0.30

Ripple’s XRP bucked the trend on Sunday, falling by 0.29% off the back of Saturday’s 6.49% slide, to end the week down 31.9% at $0.29632.A rebound from a start of a day intraday low $0.29205 to an early morning intraday high $0.3113 was the only bullish move of the day, major support and resistance levels left untested, with a late morning and afternoon reversal seeing Ripple’s XRP pullback to sub-$0.30 levels by the day’s end.The only good news on the day was a hold above Saturday’s latest swing lo $0.28737.At the time of writing, Ripple’s XRP was up 0.69% to $0.29892, with Ripple’s XRP struggling to hold on to $0.30 levels.An early pullback to a morning low $0.29522 saw Ripple’s XRP steer clear of the first major support level at $0.2885, with Ripple’s XRP recovering to a morning high $0.30145 before easing back, resistance at $0.30 weighing early on.For the day ahead, a move back through to $0.30 would support a run at the first major resistance level at $0.3077, with upward momentum in the broader market supporting a run back through to $0.31 levels, though holding on will continue to be a challenge.Failure to move back through to $0.30 levels could see Ripple’s XRP slide back through the morning low $0.29522 to bring the day’s first major support level at $0.2885 and second major support level at $0.2806 into play before any recovery late in the day.

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