Father Vs. Son On Blockchain Trends: Q&A With Tim And Adam Draper
Just five months ago, billionaire venture capitalist ‘Tim Draper’ made a prediction that the price of one bitcoin will rise to $250,000 by 2022. Even though the price has since fallen, Draper believes that bitcoin will bounce back. When the Silk Road collapsed in 2014, the U.S. Marshals auctioned 144,000 bitcoins and Tim Draper purchased […]
Bitcoin Price Volatility Hits Lowest Level In Nearly 2 Years
A three-month long bitcoin price squeeze (BTC) could be nearing an end, with a key volatility indicator reaching its lowest level for 21 months. The leading cryptocurrency has charted lower price highs and lower price lows (pennant) since the end of June and the lack of strong direction bias has both bulls and the bears […]
India’s Supreme Court to Hear Final Arguments on RBI Ban on Cryptocurrency Exchanges
India’s Supreme Court will hear final arguments on petitions challenging the virtual ban imposed by the Reserve Bank of India (RBI) on cryptocurrency exchanges today. In April this year, the RBI had asked regulated entities to not get involved with cryptocurrency traders, firms, or individuals, imposing a virtual ban. The RBI decision was challenged by cryptocurrency […]
Wall Street’s Crypto Guru Says Pot Stocks Feel Like Bitcoin Last Year
Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it. “The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin evangelist, said Thursday at the […]
Brexit Britain’s Brave Stand Against Bitcoin
Crypto needs a leash, but it’s laughable to think that the City of London can hold it on its own. It’s good to see politicians belatedly waking up to the risk of crypto-currencies. British lawmakers are banging the drum for the regulation of Bitcoin, Ethereum and their brethren in order to protect consumers. It may […]
Hong Kong Exchange Said to Eye Tech Assets in New Strategy
The owner of Hong Kong’s stock exchange, after years of pinning its growth plans to the city’s tighter integration with China, is changing tack and eyeing technology acquisitions, people with knowledge of the matter said. Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li is considering takeovers in the data, analytics and blockchain […]
Bitcoin Core Upgrade ‘Critical’ for Everyone, Urge Developers in Bug Disclosure
Bitcoin Core developers published a “full disclosure” of the vulnerability affecting several implementations of the Bitcoin (BTC) client Friday, September 21, repeating calls for all nodes to upgrade to the latest version as a priority. In addition to technical details about the bug, known as CVE-2018-17144, the disclosure explains how developers dealt with the threat […]
Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin
While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process […]
NY Crypto Exchange Report Bearish for Bitcoin ETF Plans
A new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could prove ominous for hopes among investors that federal regulators will approve a bitcoin ETF or other exchange-traded crypto products in the near-term. Bitcoin, according to […]
Singapore Central Bank Refutes Fake Articles
Singapore’s de facto central bank issued two warnings over two fake news websites Tuesday, September 18, after articles were published with “fabricated comments” about crypto from Chairman and Deputy Prime Minister Tharman Shanmugaratnam. The sites, Gulf Weed Crab and Positive Bath Hour, which feature hoax news stories on seemingly random topics, had claimed Shanmugaratnam was […]
Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold
Eidoo has become the latest cryptocurrency startup to seek to create a more stable token by tying it to the price of gold. The Switzerland-based startup says the ERC-20-compatible token, dubbed the ekon, will sit alongside its multicurrency wallet and decentralized exchange. But perhaps more notably, each token will be redeemable for one gram of […]
Evolve Markets Has Announced the Addition of Tezos Trading to Its Platform
Evolve Markets is a FOREX, commodities, indices, and cryptocurrency trading platform which lets users trade Bitcoin, emerging altcoins and other crypto assets on the Metatrader 5 platform. Evolve Markets is most commonly known for allowing users the ability to leverage up to 50X, while boasting orderbook trade matching, full depth-of-market, and Bitcoin (BTC) and Litecoin […]
Cryptojacking Scripts Found on Indian Government Sites
Official government websites in India ran crypto mining scripts without their owners’ knowledge, the Economic Times reported Monday. Municipal government websites in the state of Andhra Pradesh, among others, were infected by cryptomining software such as Coinhive, security researchers found. Users visiting these websites would then inadvertently mine cryptocurrencies on behalf of the hackers who injected […]
Blockchain Will Be “Meaningless” Unless It Helps Build Greener Future
Jack Ma, the founder of Chinese e-commerce giant Alibaba, has said that blockchain and other advanced technologies still need to prove they can help evolve society in a “greener and more inclusive” direction. His remarks came as part of a keynote delivered at the World Artificial Intelligence Conference in China September 17, as local outlet […]
Your Crypto-Weary Soul
If bear markets terrify you, take some advice from an experienced economic researcher and editor at Forbes who bought Bitcoin for $14. Things are far more serious when you’re charged for Bitcoin’s price oscillations: You think you have been through hard times with crypto this year? Let me tell you a few stories. To set […]
Grin Is Hard Forking Every Six Months to Keep ASICs Off the Network
The Grin community is trying to keep ASICs away – but only for the next two years. Best known for implementing MimbleWimble, which refactors and in turn, improves both the privacy and scalability of its blockchain, the developers of Grin recently released a technical roadmap that looks to keep the powerful mining hardware from being used on its […]
BTC/USD Upside Held Near $6500
Bitcoin on Saturday crossed above the $6,500-mark but lacked further upside momentum near the psychological resistance. The BTC/USD kickstarted the day forming higher lows towards 6475-fiat. The Asian trading session witnessed consolidated action within a narrow range defined by 6520-fiat to the upside and 6477-fiat to the downside. A breakout action appeared only during the […]
Two-Thirds of Cryptocurrency Investors Want to be Paid in Bitcoin
The survey of 445 crypto enthusiasts found that while 66% of respondents are willing to receive wages in cryptocurrencies, only 30% believe that companies in their country will change to paying salaries in digital assets, with U.S. respondents being particularly skeptical on that front. Even more, approximately 83% of all respondents, were also willing to […]
