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As the market is seemingly rather bearish on Bitcoin, it is not surprising to see alternative cryptocurrencies make a big impact. Bitcoin Gold, the hard fork few people seemingly cared about two weeks ago, has now seen an intriguing value increase. More specifically, the Bitcoin Gold price has risen all the way to $484. An … Read more
Although the opinions on Ripple and their XRP asset may still be somewhat divided right now, it is evident this particular project is doing something right. Over the past few weeks, we have seen the XRP price rise to $0.70 and last night to more than $1. No one expects to see the XRP price … Read more
Yesterday, top financial officials in both Japan and South Korea came to a similar conclusion: as they stand now, cryptocurrencies cannot be considered legitimate currencies. The statements come from countries where Bitcoin and other cryptocurrencies are quite popular in the public sphere, and they come from governments that have been relatively proactive in establishing a … Read more
In the wee hours of December 19, Youbit was dealt a death blow in the form of another hack. The exchange, which was also hit in April, is closing down in the fallout of the most recent attack. The Straw that Broke the Camel’s Back As revealed on its website, South Korean exchange Youbit has been forced to … Read more
Bitcoin’s 1,950% growth this year is a catalyst for fiat investing as well, according to Stock market expert Laszlo Birinyi. Go to Source Powered by WPeMatico
A potentially giant step toward approval for listing bitcoin futures as exchange traded funds (ETFs) was taken this week when the New York Stock Exchange (NYSE) Arca, owned by Intercontinental Exchange (ICE), filed a petition for a rule change regarding two potential ETFs. The document presumes much of the groundwork to be already completed, and … Read more
How does the number of exchanges influence on the market cap of a cryptocurrency? #EXPERT BLOG Go to Source Powered by WPeMatico
In early December, mining pool Nicehash was forced to close after allegedly being hacked, losing almost 4,450 BTC in the process. At the time, those bitcoins were worth around $60 million and they have appreciated substantially since then. Miners who had their newly minted coins stolen feared they were gone for good. To their delight, … Read more
This week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and … Read more
The e-Chat team managed to develop the Blockchain-based instant messaging system that enables the financial transactions within the system. The users’ assets are stored in e-Chat cryptowallets with the best protection and encryption mechanisms implemented. The startup has already gone through the pre-ICO and the First Round of ICO. The Second Round of e-Chat ICO … Read more
