Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin […]
Tag: bitcoin
Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Bitcoin Price Watch: Currency Sinks to New Low
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. […]
Bitcoin’s Lightning Network Now Powers a Version of Pokemon
Blockchain technology has many different use cases. One of the concepts actively being explored right now is games. They are an interesting example of what Bitcoin’s Lightning Network is capable of. Very few people had assumed it would ever power a version of Pokemon, after all. A Lightning Version of […]
Bitcoin Price Watch: Currency Still at $6,700
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin […]
Bitcoin Price Watch: Currency is Unmoving at $6,700
At press time, the father of cryptocurrencies has not moved and remains at $6,700, which is where it has been for several days, now. This is both good and bad in a sense. On one hand, bitcoin refusing to grow in price or get any larger is never a good […]
Bitcoin Price Watch: Currency Holds Its Ground at $6,700
At press time, bitcoin is staying put at $6,700. The currency reached this “pinnacle” just 48 hours ago after rising to $6,500 from its recent low of $6,200. There isn’t a whole lot to be said about bitcoin, presently. Most sources and analysts are of the same sentiment – that […]
Bitcoin and Cryptocurrencies Make Inroads in Various Industries
As we recently highlighted in our “Bitcoin in Crime” series, Bitcoin is increasingly considered to be a tool for illegal activity. Whether or not that situation will ever change is unknown. Nevertheless, there have been some positive – though largely overlooked – developments. Bitcoin Is Going Places Getting Bitcoin – […]
Cryptocurrency Markets Will See Solid Growth Once the ICO Bubble Bursts
The first half of 2018 hasn’t gone according to plan for most cryptocurrencies. Indeed, there is plenty of reason for short-term holders to sell off their holdings. However, there are some things to keep in mind. eToro CEO Yoni Assia is convinced selling cryptocurrency now would be equivalent to selling […]
Bitcoin Price Watch: Currency Spikes by $200
At press time, the father of cryptocurrencies is sitting at $6,700, roughly $200 higher than where it has been over the last 72 hours. This is a positive sign that perhaps the effects of both the Coinrail hack and the CFTC subpoenas are wearing off, and bitcoin is once again […]
Kosovo Is Quickly Turning Into a Major Cryptocurrency Mining Hub
Various European nations are showing increasing interest in cryptocurrency. This is especially apparent where altcoin mining is concerned. It is a pretty interesting trend, especially when considering that Kosovo is getting involved. It’s a positive turn of events for this plagued European country, although it remains to be seen how […]
Bitcoin Price Watch: Currency Continues to Stay Put
Bitcoin is not going anywhere anytime soon. After 72 hours, the currency is staying put at $6,500, and support remains strong at the present level. One source explains that the currency is “flirting” with a long-term support line, and that more exposed weaknesses could lead to a disastrous bear market […]
Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight
Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized […]
What Is Blockchain 3.0?
Most of us have heard of Web 3.0, whether we’ve come across a decent explanation of it or not. The first wave of the internet (Web 1.0) was basically a one-way flow of information. We could log on, read stuff, maybe send an email. But there was no real interaction, […]
Bittrex Says Its USD Trading Functionality Will Roll out in Stages
Bittrex has made it clear that the company will be entering the fiat currency trading industry fairly soon. In the first phase, the company will add USD trading, although it will seemingly be limited in terms of its availability. Given the US’s fractured cryptocurrency regulation, such an approach makes a lot […]
Bitcoin Price Watch: Currency Remains at $6,500
At press time, bitcoin has undergone no change since falling to $6,500 yesterday. It’s been a week of ups and downs for sure, and despite the low price, it’s a little refreshing to see bitcoin stay put for the time being. One source mentions bitcoin is at its lowest point […]
The Role of Bitcoin in Crime: Blockchain Analysis
In our ongoing series regarding Bitcoin and crime, various topics have been highlighted. There is a lot to talk about, even though it is evident cryptocurrencies will evolve beyond crime in many different ways. Especially with law enforcement agencies now tracking Bitcoin, interesting changes are bound to occur soon. The […]
Bitcoin Is Controlled by China: Ripple CEO Tears Into Bitcoin
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 […]