Cryptocurrency Valuations Have Created Very Wealthy Founders

Bitcoin has been on a tear for well over a year now, but a few other cryptocurrencies have increased in value far more than BTC. This past week the two digital assets ripple (XRP) and ethereum (ETH) have spiked in value exponentially, making the founders of these projects some of the wealthiest men in the … Read more

Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money

Just recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Out of 672 … Read more

Markets Update: Bitcoin’s Price Re-Captures the $16K Territory

The weekend is coming, and things are looking far more optimistic for bitcoin markets than the last two holiday weekends. BTC/USD market value has jumped considerably since it hit a low of $11,600 across global exchanges with the price now averaging $16,500 per BTC on January 5. Last week a bunch of tokens priced under … Read more

Iranian Bitcoin Adoption Surges Amid Political Protests and Censorship

Reports are indicating that Iranian bitcoin adoption is continuing to grow despite the current political turmoil gripping the nation. Also Read: Bitcoin Use in Iran Welcomed by Nation’s High Council of Cyberspace Bitcoin Adoption Grows Despite Government Censorship of Online Networks Iran has witnessed widespread protests for the last week, with the media reporting that more … Read more

RSK Mines Its Genesis Block – Bitcoin Now Has Ethereum-Like Smart Contract Platform

RSK Labs has finally mined its genesis block and formally launched its long-awaited Bitcoin-based smart contract platform and sidechain on the mainnet. While still in beta with limited distribution, the new RSK sidechain is expected to offer significant scaling benefits to the Bitcoin network. News.Bitcoin.com caught up with CEO Diego Gutierrez Zaldivar to find out … Read more

French Entrepreneur’s Case to Overturn the Bitlicense Dismissed

This week the longstanding New York Supreme Court case involving the state’s Bitlicense was dismissed. The lone bitcoin entrepreneur, Theo Chino, who has been fighting in court for years, relentlessly trying to get the regulatory framework created by Ben Lawsky overturned, says he will appeal the decision. Also read: African Central Banks Should Ditch Dollar, … Read more

Fantasy Football Giant Fanduel Launches ‘Bitcoin Bowl’ Contest

This week one the largest fantasy football leagues, Fanduel, announced it’s having an NFL playoffs contest called “The Bitcoin Bowl.” The contest is giving away two BTC prizes consisting of a one bitcoin reward for its ‘free play’ match and two bitcoins for its tournament round. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with … Read more

BTCC Founder Positive the PBOC Will Remove China’s Exchange Ban

This week the founder and CEO of the trading platform BTCC, Bobby Lee, was featured on the broadcast ‘Squawk Box’ and spoke about last year’s banning of Chinese bitcoin exchanges. Lee believes that it’s “only a matter of time” until the central bank will allow cryptocurrency exchanges to open up shop again. Also Read: These Dutch … Read more

A New Second Layer: Channel Factories

Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer … Read more

Total Capitalization of the Crypto Markets Now Exceeds $750 Billion

The total market capitalization of all cryptocurrencies has broken into new highs, with coinmarketcap indicating that the market cap of the combined crypto markets is approximately $760 billion USD as of this writing. Also Read: Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets The Total Market Capitalization of All Cryptocurrency Markets Is Greater Than That … Read more