BTC Inc. and Genesis Mining Launch Genesis Engineering and See Opportunity in Eurasia — Bitcoin Magazine

BTC Inc., parent group of BTC Studios, BTC Labs and BTC Media, and Genesis Mining, a cloud mining service provider, recently announced a partnership to launch Genesis Engineering, a Hong Kong–based joint venture focused on promoting and developing the cryptocurrency mining industry worldwide, with a special focus on emerging and underserved markets. “We see opportunities in terms of excess capacity worldwide in such regions as the Americas and Eurasia, said David Bailey, CEO of BTC Media. “Centers of mining are Read more …

Bitcoin Price Analysis: Bitcoin’s All-Time High Tests a Historic Reversal Point

For months on end, BTC-USD had a strong bullish rally that has been well confined between both a linear ascending channel and (on a macro scale) a parabolic curve:Figure 1: BTC-USD, 1-Day Candles, Linear and Parabolic TrendlinesAfter a very strong, bullish rally, bitcoin managed to settle on a new all-time high in the $7,500s. This price peak bounced right off the upper linear ascending trendline shown in Figure 1. Historically, every time bitcoin has touched the upper ascending trendline, the Read more …

Oracles Network Announces Cross-Chain Bridge Technology

BERKELEY, Calif. – Nov. 7, 2017 – California-based Oracles Network has unveiled cross-blockchain bridges, capable of transferring assets across various Ethereum-compatible networks such as Ethereum Classic, Oracles Network, Ethereum itself and others. [Note: This is a press release.] Oracles Network’s cross-chain bridge mechanism successfully overcomes two of the biggest obstacles blockchain systems currently face: scalability and connectivity. These obstacles prevent widespread blockchain deployment for many small and midsize businesses. As existing networks struggle to accommodate<br />Read More<br />The post Oracles Read more …

Bitcoin’s All-Time High Tests a Historic Reversal Point

For months on end, BTC-USD had a strong bullish rally that has been well confined between both a linear ascending channel and (on a macro scale) a parabolic curve: Figure 1: BTC-USD, 1-Day Candles, Linear and Parabolic Trendlines After a very strong, bullish rally, bitcoin managed to settle on a new all-time high in the $7,500s. This price peak bounced right off the upper linear ascending trendline shown in Figure 1. Historically, every time bitcoin has touched the upper ascending Read more …

As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike

Technology Bitcoin markets have been on a tear lately, and the price has spiked quite a bit last month and into November. However, as bitcoin’s value surpassed $7K per BTC, transaction bottleneck and miner fees have risen again, causing users to complain about unconfirmed transactions and paying $5-10 per transaction. Also read: Ethereum Wallet Parity Hit by Second Critical Vulnerability – $150+ Million Frozen Bitcoin Fees and Transaction Bottleneck On the Rise About two months ago the bitcoin Read more …

Latium Offers a New Frontier in Task Management

Whether you’re starting your own business or launching a new event, there are always things to be done.  Creating to-do or task lists are essential in making sure that everything is ready and completed.  The other important factor is making sure that you have the right people doing the right jobs.  However, in today’s fast-paced world, finding the right people can be tricky, and time-consuming.  That’s where Latium comes in. The platform describes itself as being “the first and only Read more …

Bitcoin Price Watch; Here’s What We Are Looking At Tonight

That’s another day complete in our bitcoin price trading efforts and – once again – we’ve had a pretty volatile day as far as price is concerned. Things are moving at pace now based on a variety of fundamental inputs and – as more and more of these inputs become relevant – expectations are that increased volume will translate to a parallel increase volume and – by proxy – momentum. Momentum can be a good thing, of course, especially as Read more …

The NetCents Coin, A Better Cryptocurrency for Day-to-day Transactions

Today’s market is flooded with cryptocurrencies, thanks to the ease of creating them and the rise in the number of ICOs organized by projects, both big and small. However, not all of these new tokens solve the issues revolving around the use of digital currencies for everyday transactions. And then, there is always the issue of volatility which is hindering its widespread adoption. NetCents Technology Inc., a next-generation payment processor supporting both fiat and cryptocurrency payments has decided to take Read more …

PR: Oracles Network Introduces First Scalable Public Blockchain with Proof-Of-Authority Consensus; Announces $25m Initial Coin Offering Starting in Q4

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. BERKELEY, Calif. – Nov. 7, 2017 – Oracles Network today announced details around its upcoming initial coin offering (ICO). Oracles Network is an open, permissioned and public blockchain network built on Ethereum protocol with Proof-of-Authority Read more …

Reserve Bank of India Hints on Possible Ban on Cryptocurrencies

India’s central bank, Reserve Bank of India (RBI), has previously announced its plan to ban the use of virtual currencies as a form of payment across the country. The central bank, however, has shown its support to Blockchain, which is the technology behind the cryptocurrencies. At a conference held in Mumbai, India on Nov. 6, 2017, RBI executive director, S Ganesh Kumar, has hinted that the digital currencies such as Bitcoin and Ethereum will not be allowed to be legally Read more …

Qchain’s Forward Advancement Amid the Changing World of ICOs

 Alongside Bitcoin’s meteoric rise in global interest andprice has been a frenzy of activity around initial coinofferings (ICO). According to the online coin offering tracker Coinschedule,in 2017 alone there have been nearly 250 ICOs collectively raising over $3billion. This heightened interest combined with the potential for lucrativereturns has prompted fears in some investment circles that we are facing abubble. Indeed, the bubble seems to have already popped to some extent, withfar fewer ICOs hitting their target raises than they were a few months Read more …

Ethereum Wallet Parity Hit by Second Critical Vulnerability – $150+ Million Frozen

Security Makers of the Parity multi-sig Ethereum wallet have announced a critical vulnerability that has led to millions of dollars of funds being frozen. It is the second flaw to be discovered following the original Parity breach in July that led to $30 million of ether being stolen. Also read: Ethereum’s Parity Users Lose Millions in a Multi-Sig Hack Parity Discovers Second Flaw in Five Months Users of the popular Parity Ethereum wallet have been left reeling Read more …