Month: November 2017

Ethereum Classic (ETC) has rocketed in price to new all-time highs as the altcoin’s hard fork deadline next month nears. Following increased enthusiasm at a recent developer conference in Hong Kong, ETC hit $34 in trading Tuesday after news of “significant changes” became mainstream. The move represents near-50 percent growth in 24 hours, ETC’s best performance to date and a signal to traders that momentum is building to ‘copy’ Ethereum’s (ETH) own push past all-time highs. So I went window Read more …

We are closing in on the end of the European session and it’s time to take the second of our twice daily looks at action in the bitcoin price. If we see price break the $10,000 level today, it’s going to be a big day and one that many will remember for considerable amount of time to come. With this said, however, we’ve got to stay focused on our intraday short-term action so as to try and avoid getting caught Read more …

Technology This week the Bitcoin ABC development team released its medium-term plans for the Bitcoin Cash (BCH) roadmap. Developers say the proposal represents goals for the next 6-12 months. See also: The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week Bitcoin ABC and Seven Development Teams Aim to Improve Bitcoin Cash Two weeks ago news.Bitcoin.com reported on the successful bitcoin cash hard fork, and more recently we covered the BCH developer’s plans to change the currency’s Read more …

Japanese bitcoin exchange bitFlyer has officially launched in the US after receiving approval from regulators like the New York State Department of Financial Services (NYDFS). Announced today, the move concludes a private beta that saw the exchange working with 2,000 initial users. The official launch also comes months after bitFlyer first revealed its intention to open its doors in the US. At the time, the startup said it had obtained permission to operate in 34 states. As part of today’s launch, Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ethereum price hikes are pushing the value of Nvidia, according to analyst Mitch Steeves of RBC Capital. Steeves claims higher Ethereum prices will increase the use of Nvidia GPUs for mining. On Monday, Nvdia shares were up by $1.67, or 0.8%, at $216.60. Steeves, who has given Nvidia an “outperform” rating, said the payback period of cryptocurrencies has fallen as the prices have risen. The price increases Read more …

Pioneering Blockchain Artificial Intelligence (AI) marketplace SingularityNET has announced a $36 mln ICO to fund its expansion. Announcing the fairly modest funding goal for the world’s first such AI marketplace, SingularityNET’s robotic ‘chief humanoid officer’ confirmed the 500 mln token event at its recent Web Summit in Lisbon, Portugal. A combination of private and public sales will distribute the tokens, with the ICO concluding when all are sold or when the $36 mln figure has been reached. Participants are required Read more …

The companies behind three blockchain platforms have unveiled a new advocacy group centered around interoperability between disparate networks. Dubbed the Blockchain Interoperability Alliance, the effort is being backed by Aion, ICON and Wanchain in a bid to advance standards that would, as envisioned, promote a greater degree of connectivity between different blockchains. “We believe that collaborating across projects will help set best practices for blockchain interoperability and encourage broader market adoption across enterprises and the public,” Matt Spoke, CEO of blockchain startup Read more …

Regulation Iran is probably not the first country to pop into your head when thinking about official bitcoin endorsement. In the Middle East alone, the immensely rich Arab emirates of the Gulf are much likelier candidates as they have a tendency to race one other to obtain the latest technological marvels as displays of wealth. Despite this, Iranian government authorities have consistently signaled that they are open to the idea of allowing bitcoin use in the country Read more …

Our goal is to give our users complete control of their funds and help them benefit from the new developments in the community. That’s why we have released two new tools: A Bitcoin Cash Explorer and the Bitcoin Gold recovery tool. Importance of owning your private keys When you own Bitcoin at the moment of a fork, your account will be credited with the new coins. However, you are only able to control what happens to your forked coins, when you own Read more …

Blockchain startup Auditchain has added the co-founder of a widely used business reporting standard to its leadership team. The new hire, Eric Cohen, will serve as head of XBRL architecture for the New York-based firm, as announced today at CoinDesk’s Consensus: Invest event. Auditchain is developing an accounting ecosystem centered around blockchain-based tokens, and utilizing one of its own (called AUDT) that will serve as a means to access and pay for services. Cohen is perhaps best known as the Read more …