Month: November 2017

With the digital spotlight being focused on Bitcoin in recent weeks, its smaller sibling Litecoin has fallen by the wayside. Trading has been flat and it has failed to gain traction in either direction, currently sitting around $55 where it has been languishing for the past fortnight. The world’s fifth largest cryptocurrency may be in store for a well-needed lift after a major South Korean exchange enabled direct LTC trading. Since the doors in China were unceremoniously slammed shut on Read more …

B2Broker, a leading trading technology provider who offers comprehensive solutions for brokerage companies, has joined an expanding group of projects to partner with Bancor, the Smart Token cryptocurrency protocol, to maximize the trading liquidity of B2BX tokens sold as part of its successful token sale. The protocol integration will enable holders of the Bancor Network Token (BNT) to convert BNT for B2BX tokens, and vice versa, instantly and continuously. Thanks to this technology tokens will have continuous liquidity by utilizing Read more …

The bitcoin gold development team has announced that it is adding support for two-way replay protection ahead of the network’s expected launch. Bitcoin gold is a fork of the bitcoin network, created with the primary aim of restricting the use of specialized chips for bitcoin mining through a change in the code. The effort is backed by an open-source community of relatively unknown developers, as well as LightningASIC, a seller of mining hardware based in Hong Kong. The addition of replay Read more …

A former Credit Suisse executive has today launched his own high-end investment management platform on the Ethereum Blockchain. TEND, which describes itself as using “smart contract technologies to enable a new paradigm of shared ownership and enjoyment of unique assets that have both meaning and financial value,” will also launch an ICO. Featuring Crypto Valley Association chairman Oliver Bussmann as advisor, the ICO token will be the first to share its structure with securities under Swiss law. “Many people today Read more …

Markets and Prices The price of bitcoin cash (BCH) has been on a tear lately as network participants are steadily preparing for the upcoming hard fork. At the time of writing, the digital asset’s value is averaging $495 USD and currently commands the second highest cryptocurrency trade volume in the world. Also read: Swiss Vocational School Lucerne University Accepts Bitcoin for Tuition Bitcoin Cash Markets Over the past week, BCH markets have been pushing quite a bit of trade Read more …

Bitcoin (“BTC”) is regularly called “digital gold,” due in part to its characteristic of having limited supply that must be mined, requiring the expenditure of significant energy, which in turn might makes it a credible store of value (see my other post), also just like gold. There may be further potential similarities of BTC to gold to investigate. No, I am not talking about the potential of using Bitcoin as jewelry – I do not see public key QR code Read more …

Bitcoin has once again smashed expectations. The largest cryptocurrency by total value hit record highs on CoinDesk’s Bitcoin Price Index (BPI) this morning, with prices reaching $6,600 at 11:00 UTC. At the time of writing, the bitcoin-U.S. dollar (BTC/USD) exchange rate has dropped somewhat to $6,498, but that said, BTC is up 3.76 percent in the last 24 hours. The move follows the news U.S.-based derivatives marketplace operator CME Group plans to offer bitcoin futures later this year, a notable announcement as it Read more …

Bitcoin prepaid debit card operator Monaco’s token is plunging Wednesday after a code rewrite removed a key aspect from its roadmap. At the same time it announced Visa as card issuing partner for its prepaid rollout, Monaco said its asset smart contract scheme would no longer feature in its future. Holders of its MCO token, which launched via a 70,000 ETH ($2.1 mln) crowdsale earlier this year, reacted sharply. As of press time, its value was down over 37 percent Read more …

Expert group BHB Network has released its formal opposition to the SegWit2x hard fork on behalf of the Italian Bitcoin community. In a blog post Tuesday, a widened selection of local businesses and private entities “reaffirmed” its stance, originally presented at a recent Bitcoin Milan Meetup. These include several other Italian meetups from the still relatively unknown part of the cryptocurrency ecosystem. Like its bigger counterparts in Korea and South America, however, Italy’s naysayers produced strongly-worded criticism of all Bitcoin Read more …

The startup behind OpenBazaar has released version 2.0 of its popular bitcoin-powered marketplace. First launched in 2014, the software update marks a milestone for startup OB1, which bills its product as a decentralized eBay or Shopify for cryptocurrency users. And with an updated design that should make it easier for buyers and sellers to get started, three years later, the company may be closing in on its goal. According to OB1 CEO Brian Hoffman, it’s the user experience that’s at the heart Read more …