Month: November 2017

While the crypto boom has taken the financial world by storm, with investors seeing gains they would never have realized in traditional markets; there is a lot of volatility that many do not seem to acknowledge until they experience the downside. Investing in the gold-rush mentality is what happened back in the dotcom bubble, and the same may happen in the crypto boom as well. What if there was a low-risk, high-return investment option that capitalized on the crypto market Read more …

A user of Ethereum’s Parity wallet “accidentally” quarantined funds worth $280 mln, revealing further vulnerabilities in the platform. Parity, which has suffered teething problems since its launch by former Ethereum co-founder Gavin Wood, is still trying to regain access to the “frozen” ETH. “… A user suicided the library-turned-into-wallet, wiping out the library code which in turn rendered all multi-sig contracts unusable since their logic (any state-modifying function) was inside the library,” a security alert from Parity read Tuesday. In Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The entertainment platform MDK, represented by popular communities on Vkontakte, Telegram, Twitter, YouTube, and Instagram, will be conducting the first phase of its ICO November 7–28, 2017. MDK will be creating a new mobile app Read more …

This is an opinion piece, and the views of this author do not necessarily represent the views of Cointelegraph. The upcoming SegWit2x fork could generate a black swan event for Bitcoin; that is to say, there is a small chance that the fork could have enormous repercussions. The idea of a “black swan event” was coined by author Nassim Nicholas Taleb to explain: “The disproportionate role of high-profile, hard-to-predict and rare events that are beyond the realm of normal expectations.” Read more …

The China Securities Regulatory Commission (CSRC) and the Australian Securities and Investment Commission (ASIC) have signed a Financial Technology (fintech) cooperation agreement to advance innovation with each countries’ markets. Under the deal, the two regulators will share and utilize information on emerging market trends and developments to promote fintech innovations. According to CSRC chairperson Shiyu Liu, the various developments in the fintech sector have offered several opportunities for the introduction of new financial services and fulfill the needs of investors. Read more …

A lot of people are keeping a close eye on the Bitcoin price right now. That is not entirely surprising whatsoever. With the recent price momentum, there is good money to be made. According to BFXData, however, there are far more short positions compared to longs. That is somewhat strange, although a Bitcoin price retrace is only a matter of time right now. Speculation is a second nature in the world of Bitcoin and cryptocurrency. Especially where Bitcoin is concerned, Read more …

The results of Yours founder Ryan X. Charles’ SegWit2x survey points to the overwhelming support of Bitcoin Core’s chain. Over 4,000 people took part in the survey on Twitter, which quizzed them on which chain would be considered ‘Bitcoin’ after this month’s hard fork. A total of 84 percent concluded the original chain would maintain its role as the ‘real’ Bitcoin. Which hard fork of bitcoin will be called “bitcoin” in December? — Ryan X. Charles (@ryanxcharles) November 6, 2017 Read more …

We are closing in on the midway point of the week and it’s time to take stock of action in the bitcoin price so far in an attempt to try and figure out where things are likely to go moving forward. During the couple of sessions we have had on Monday and Tuesday, we have seen considerable volatility, but the overarching trend has been to the upside. With any luck, we will see a continuation of this trend as the Read more …

Featured S Ganesh Kumar, Executive Director at the Reserve Bank of India, answering audience questions during a conference, continued the government’s official hostility toward the world’s most popular cryptocurrency. He signalled India’s unwillingness to formally allow bitcoin use in the country, but did reserve judgement on blockchain technology. Also read: As India’s Government Wars Against Cash, Bitcoin is Sought in Exchange “Cryptocurrencies Will Not End” “Our current position on bitcoins,” Reserve Bank of India’s (RBI) Executive Director, Read more …

The next generation cryptocurrency trading platform with Dynamic Trading Rights, Tokens has announced the commencement of its ICO campaign. The token sale went live on November 6, 2017, and has in two days already raised over 60% of the designated hard cap. The project is keeping up with evolving industry trends to provide the best service while setting the standards high. Considering the growth of the cryptocurrency market, propelled by recent ICO token launches, backers will at a certain point Read more …

Key Highlights Ethereum classic price traded above the $15.00 handle recently against the US Dollar before starting a correction. There is a major bullish trend line forming with support at $13.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The ETC/USD pair might continue to move higher and remains buy on dips toward $13.00. Ethereum classic price remains in an uptrend against the US Dollar and Bitcoin. ETC/USD might break $14.50 again to retest $15.00. Ethereum Read more …