#newkidsontheblockchain #blockchain #cryptonews
On this weeks New Kids On The Blockchain Crypto and Blockchain news show:
We chat to UHX (Universal Health Con) about how they plan to revolutionise the healthcare world with Blockchain
Talk about what event are coming upon we are attending including MJAC Crypto Compare
Speak to Professor Michael Mainelli about his view on ICOs, fraud, cryptos and a view that Bitcoin BTC will hit $100 in the next year.
And reveal the winners from last weeks buddy blockchain giveaway thanks to Savii Digital
https://www.saviidigital.com/books
THIS WEEKS NEWS STORY:
?FROM CCN In Landmark U.S. Case, Mastermind Behind Two Fraudulent ICOs Pleads Guilty
This is the ICO regulators warned you about. Maksim Zaslavskiy, who is the mastermind behind two ICOs for tokenized real estate and diamonds, has pled guilty to fraud in a federal district court in Brooklyn, N.Y. As the first case of ICO fraud in the U.S., this one sets a precedent, with a judge in September having decided that ICOs are subject to securities laws.
Zaslavskiy is now facing more than three years in prison for “conspiracy to commit securities fraud,” according to Bloomberg.
?FROM COIN TELEGRAPH – Why Did Crypto Market Experience a $27 Billion Wipeout? Experts Discuss Factors
On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day.
On CNBC’s Fast Money, Brian Kelly stated the confidence of investors in the cryptocurrency market declined ahead of the Bitcoin Cash hard fork and its civil war with Bitcoin SV:
?FROM CNBC – Nvidia nurses ‘crypto hangover’ as demand for mining chips evaporates
Chipmaker Nvidia was a major beneficiary of the crypto-boom last year. But by now, the party is over and the hangover is starting to set in.
In its disappointing earnings report Thursday, Nvidia executives outlined a drop in revenue for the current quarter based on lack of demand for its gaming cards. Cryptocurrency mining had fueled demand for those chips late last year. But that has all but dried up as bitcoin and other cryptocurrencies’ prices nosedived and “mining” for many of those is no longer profitable.
?FROM CRYPTO DAILY Why Mining Ethereum Is No Longer Worth It
A recent report published by CNBC claims that mining cryptocurrency is soon to be a thing of the past as the activity is no longer a profitable one.
Crypto fanatics from all over the globe will remember a time last year when crypto’s bull run saw all the currencies reach their high with Bitcoin touching $20,000 and it garnered a lot of mainstream attention from several big news outlets.
The space went into chaos with almost everyone looking towards the process of mining digital currencies in which anyone could install mining rigs to their homes and earn digital currencies online, although the energy costs are extortionate.
?FROM DAILY HODL – Crypto Whale Moves $618 Million in Bitcoin
The biggest whale on record this week moved about $618 million worth of Bitcoin from Binance to an unknown wallet, according to WhaleWatch.io.
?https://www.ccn.com/in-landmark-u-s-case-mastermind-behind-two-fraudulent-icos-pleads-guilty/
?https://cointelegraph.com/news/why-did-crypto-market-experience-a-27-billion-wipeout-experts-discuss-factors
?https://www.cnbc.com/2018/11/16/nvidia-nurses-crypto-hangover-as-demand-for-mining-chips-evaporates.html
?https://cryptodaily.co.uk/2018/11/Why-Mining-Ethereum-Is-No-Longer-Worth-It
?https://dailyhodl.com/2018/11/16/crypto-whale-moves-618-million-in-bitcoin-plus-ripple-and-xrp-ethereum-tron-eos-bitcoin-cash-crypto-news-flash/
DISCOUNT CODE FOR MJAC CRYPTO COMPARE 30% SAVING:
http://bit.ly/2qR5tx2
https://www.newkidsontheblockchain.com/
Music by http://www.bensound.com
NB. All information shared here is for information only and should not be considered any kind of financial advice. Always do your own research.
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Is Substratum still going? Not heard much form them.
How’s your documentary coming????
Wish I’d have sold in Jan ☹
I think it’s the begging of the end for ICO’S, if the US govnt are now attacking, get ready for fireworks
Can you speak to Clif high again. What’s he saying these days?
Teaching kids about blockchain is a great idea. Maybe you should do some kids content?
Got a Crypto Tag, it’s really cool. takes a while to hammer all the codes in though
Hey New Kids. Great show. How you doing??!
I don’t think this is a bubble we’ve seen it all before if you have been in this in for a while it’s a cycle
I see Youtube is trying to shut Suppoman down. About time!!!
Great show, keep up the good work!! If BTC goes to $10, I’ll buy it all ???
What do you guys reckon about ZRX
Are you guys going to Blockchain Conference London?!
Be good to get some specific tax info for the UK too. Hope I’ve been keeping on top of it
Thought you were doing trading with that ETH Bit lot? Is that not happening?
Can you guys do a video on Digibye please ☺
Wish that Bitcoin whale would send me a few
Jeez that professor bloke makes Dr Doom seem positive about crypto!
That UHX sounds like a good idea but sure I’ve heard of similar projects :)))))
Starting to worry we aren’t bouncing. This bear market has gone on way too long
I’ve given up on mining. My L3 miner is now just an expansive worthless heater
Most ICOS are / were total frauds. A bunch of shitcoins run by crooks
BTC will never go to $10, that dude is crazy!
I suppose the best project of this and next years will be feniks.finance
your title force me to watch your full video lol, great weekend see u in nxt one
I'm going in thanks guys 🙂 Hope it doesn't go to ten bucks lol
there are a lot of scams, scammers will get caught, there are a lot of good projects too.
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great show again as always, cool shirt too!
Ah it's so hard to know with Bitcoin!! i feel if Bitcoin goes to $10 then most people will give up on crypto completely
fiirst