As is usually the case on Saturday, it is rather difficult to make sense of the cryptocurrency markets. The entire top 10 is in the red, with the exception of Ethereum, For some unknown reason, the Ethereum price is still up by 1,16%. Even so, maintaining a value of $500 will remain a massive challenge moving forward. The Ethereum Price Stays in the Green It is evident the market pressure which kept cryptocurrency in its grip since January of 2018 has not relented at this time. Nor will that situation necessarily change, as there are quite a few more weeks, if not months, of negative pressure still ahead. This will also impact the Ethereum price in one way or another, even though it seems to be holding its own for now. Even so, the past 24 hours have resulted in a net gain of 1.16% for the Ethereum price. Albeit it will not shock anyone per se, it is rather intriguing to see this is the only currency in the entire top 10 to note some positive momentum. While it is currently insufficient to keep the Ethereum price above $500, there will be an interesting battle to keep an eye on. This Ethereum price increased is facilitated by a medium increase in the ETH/BTC ratio over the past 24 hours. It is a rather surprising turn of events, as Ether has successfully gained 2.11% on Bitcoin. In most cases, all altcoins – including Ethereum – tend to lose value when…
Source: Ethereum Price: Positive Momentum Remains in Place, for now

For as long as we’ve known him, Brad Garlinghouse has not been one to mince words when talking about the world’s biggest cryptocurrency. He has continuously branded it as the Napster of cryptos, a pioneering platform whose technology and approach made it impossible to achieve success in the face of new and better technologies such as Spotify and Pandora. In his latest attack, the Ripple CEO claimed that Bitcoin will never become the primary cryptocurrency and that no major economy would allow that to happen. He further claimed that Bitcoin is controlled by China, making it even more unsuitable as a primary crypto for the future. An Underreported Story Garlinghouse was speaking at the 2018 Stifel Cross Sector Insight Conference and talked about various issues regarding the crypto industry’s current state and what the future holds. However, what stood out were his strong views on Bitcoin. He was adamant that Bitcoin can’t be the primary global currency, stating that no major economy would allow that to happen. I’ll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50 percent of Bitcoin. How do we know that China won’t intervene? How many countries want to use a Chinese-controlled currency? It’s just not going to happen. Garlinghouse revealed he owns Bitcoin but was quick to urge the audience not to take his opinions as investment advice. Unsurprisingly, he expressed his confidence in Ripple’s native asset,…
Source: Bitcoin Is Controlled by China: Ripple CEO Tears Into Bitcoin

Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates in prisons across America. And in South Africa, a new token will support rhino conservationists, while fighting poachers.   Also read: Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple? VW Teams with IOTA to Offer Crypto Wallets in Cars It’s a trademark of the Cebit expo in Hanover to entertain visitors with ingenious ideas on how to further digitize our world. The crypto ecosphere has become a new source of inspiration for designers and engineers. One of this year’s surprises: German auto manufacturer Volkswagen has revealed a concept model equipped with a cryptocurrency wallet. The car can pay for its carwash and fill up its tank without the driver moving a finger. The “Cryptocurrency for the Internet of Things,” IOTA will be embedded in new cars developed by VW. The European automotive giant has announced it wants to integrate crypto technology in its upcoming products. Distributed ledger will be used to handle, store and transfer data between the motor vehicles and their producer, and an IOTA wallet may also be incorporated to facilitate contactless payments using the MIOTA tokens. The cooperation between IOTA and Volkswagen is based on the Proof-of-Concept of IOTA’s Tangle system for autonomous cars. Tangle can transfer software updates and will be interconnected with Volkswagen’s…
Source: Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists

The cryptocurrency world is constantly evolving. More and more consumers are becoming exposed to digital currency such as Bitcoin. However, as the cryptocurrency space is becoming more well known, making your first Bitcoin or Altcoin purchase is still largely confusing for first time buyers. Online exchanges look complicated and a beginner Bitcoin buyer may not know where to start. Bitcoin of America is seeking to change this, by ensuring customers a fast, reliable and safe transaction with their Over the Counter cryptocurrency exchange. Their goal is to provide a seamless transaction to buy bitcoin online. Disclosure: This is a Sponsored Article For veterans in the cryptocurrency space, the notion that your first crypto purchase is still tedious and complicated may seem laughable. However, a recent video exemplifies just this, for the general population (especially those in the US), cryptocurrency purchases are hard. This is where Bitcoin of America comes in. Bitcoin of America arms consumers with a simple, secure, and straightforward service to buy Bitcoin. Three Ways to Play Bitcoin of America offers three methods to safely buy Bitcoin. The first method of exchange is a bank-to-bank wire transfer. This is done directly through the website. Simply create an account to start buying and selling cryptocurrency. Currently Bitcoin of America supports Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple transactions. The customer will be able to wire money from their bank account directly to Bitcoin of America to buy bitcoin online. As a courtesy, for the first transaction, Bitcoin of America’s…
Source: Bitcoin of America offers three methods to safely buy Bitcoin

The uneasy situation across all cryptocurrency markets is till tangible at this point. So much even that it would appear another round of bearish pressure will materialize at any given moment. As is usually the case, some coins feel this pressure a lot sooner compared to others. For the IOTA price, things are not looking too impressive. IOTA Price Decline is Real It was to be expected the weekend would bring more bearish pressure across all cryptocurrency markets. Weekends are notoriously troublesome for the many people trying to score quick profits. It seems unlike any major changes will occur in this regard. As far as the IOTA price is concerned, the losses have begun to mount pretty quickly over the past few hours. More specifically, the market is currently faced with a 3.87% decline in IOTA price over the past 24 hours. It is also the biggest decline in the entire top 10, which further confirms this market will remain rather volatile for quite some time to come. For IOA price speculators, this development is not what they were hoping for, but there isn’t much one can do about this negative pressure. Additionally, the IOTA price is currently bogged down by another decline in MIOTA/BTC ratio. Although a 2.62% setback isn’t all that spectacular, it does appear this will continue to weigh heavily on the IOTA price. Whether or not this means there will be further declines in the coming hours, remains to be seen. For now, the uneasy situation…
Source: IOTA Price: Ongoing Bearish Pressure Won’t Relent Soon

Hacken has launched a new website that provides an all-in-one tool for rating cryptocurrency exchanges. Crypto Exchange Ranks (CER) allows for side by side comparisons of well over a dozen exchanges, including real-time arbitrage data and ratings for liquidity, compliance, reliability, and security. Also read: Hollywood Stars in Movie About Crypto Money Laundering CER Aims to Accurately Rank Cryptocurrency Exchanges Crypto Exchange Ranks by Ukraine’s Hacken officially launches on Monday, June 18. The service allows users to access a wide range of metrics for major exchanges within the cryptocurrency ecosystem. News.Bitcoin.com was granted access to the beta version of the platform, which comprises a scoring dashboard for exchange comparison together with tabs for viewing liquidity and arbitrage. While not every feature has been activated in the beta version, the ones that are in operation appear to work well and provide useful tools for traders seeking arbitrage opportunities, or trying to determine the withdrawal limits of various platforms. Anton Kaminsky, Business Development Director of Crypto Exchange Ranks, told news.Bitcoin.com that the goal was “to create a sophisticated tool for crypto exchange rankings, to save time and effort for all market participants”. CER Is to Exchanges What CMC Is to Cryptocurrencies While platforms such as Coinmarketcap provide certain data on exchanges, such as 24-hour volume and most traded pairs, CER has taken a different approach. The site, which will be free at launch before later introducing a subscription model, scans the order book of each exchange in real time to calculate its size.…
Source: New Platform Ranks Cryptocurrency Exchanges by Liquidity, Security, and Reliability

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

A crime thriller called Crypto is reportedly being filmed, featuring a money laundering agent and a case involving cryptocurrency. Among the cast of the movie are Hollywood actors Kurt Russell, Luke Hemsworth, Alexis Bledel, Beau Knapp, Jeremie Harris, and Vincent Kartheiser. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Crypto Thriller Kurt Russel. An upcoming crime thriller called Crypto is currently filming in New York, according to the Hollywood Reporter. The cast includes a number of Hollywood stars including Kurt Russell, Luke Hemsworth, Alexis Bledel, Beau Knapp, Jeremie Harris, and Vincent Kartheiser, the media outlet detailed on Friday. The movie reportedly takes place in a U.S. government agent’s “remote New York hometown,” the publication continued, noting that it is “where his father (Russell) and brother (Hemsworth) are struggling to maintain their family farm in a changing economic landscape.” The Reporter described the movie’s plot: Crypto centers on a young anti-money laundering agent (Knapp) tasked with investigating a tangled web of corruption and fraud…The agent quickly finds himself enmeshed in a dangerous underworld populated by a mysterious art dealer (Bledel), a cryptocurrency enthusiast turned cyber-sleuth (Harris) and a corrupt accountant doing the bidding of ruthless clients (Kartheiser). The Cast and Production of Crypto Alexis Bledel. Leading actor Beau Knapp was the main character of the sci-fi thriller The Signal. He also starred in Netflix’s recently-canceled series Seven Seconds. Alexis Bledel grew up on the set of the Gilmore Girls and won an Emmy for her role as Ofglen in…
Source: Hollywood Stars in Movie About Crypto Money Laundering