Month: November 2017

Zimbabwe’s central bank, Reserve Bank of Zimbabwe, has announced that the use of the cryptocurrency Bitcoin is not allowed in the country. The bank has already issued a warning in the past stating that investors in the digital currencies could lose their money without recourse. According to the Reserve Bank of Zimbabwe’s Director and Registrar, Norman Mataruka, the use of “Bitcoin … is not actually legal” within the country’s jurisdiction. It is not clear, however, if Bitcoin is just not Read more …

Belarus President Alexander Lukashenko is expected to sign the draft decree on the Belarusian High-Tech Park (HTP) that will make the use of digital currencies in the country lawful. Under the draft, virtual currencies and initial coin offerings (ICO), as well as mining will already be allowed in the country, while exchanges can trade rubles for cryptocurrencies. According to major Belarusian information technology (IT) holding firm the Belhard Group CEO Igor Mamonenko, the virtual currencies and ICOs should be fully Read more …

Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 1 : The Trusted Third Party ProblemChapter 3: Trying to Undo Satoshiby Wendy McElroy Decentralized Exchanges Own the Future (Chapter 3, Part 1) I was acutely aware that many of the major problems still plaguing the Bitcoin ecosystem, including fraudulent services, unreliable exchanges, and an often surprising lack of security, were not caused by Bitcoin’s unique property of decentralization; rather, these issues are a result of the fact Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Overstock founder and CEO Patrick Byrne, a longstanding bitcoin supporter, recently appeared on FOX Business’ “Mornings with Maria” to explain why he’s bullish on bitcoin. During the interview, Patrick Byrne notably pointed out that it isn’t about how high bitcoin will go, but about how low fiat currency can go, and that “it’s about time the world switches to real money.” At a time in which bitcoin Read more …

Markets and Prices The price of bitcoin (BTC/XBT) has spiked once again, reaching a new all-time high of $8,649 per BTC across global exchanges. A few days ago the price dipped below the $8K range, but subsequently rebounded to the $8200 region holding some stability. Now on November 25, markets have kicked into high gear pushing bitcoin’s value to new heights. Also read: The Curious Case of the New ‘Dragonmint Bitcoin Miner’ Bitcoin’s Price Touches a High of Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Deutsche Bank’s chief strategist has said that he wouldn’t recommend bitcoin as an investment option. Ulrich Stephan, chief strategist at Germany’s global banking and financial services company, said this week: I would simply not recommend this to the everyday investor. According to a report from Reuters, the main reasons for Stephan’s comment is due to the fact that the digital currency’s price fluctuates too much and regulation is Read more …

South Korean bank Shinhan is considered the second largest in the country and plans to launch a bitcoin vault and wallet platform. A representative from the bank said: “Shinhan is testing a virtual platform where the private keys of Bitcoin addresses and wallets are managed and issued by the bank, and the bank intends to make the vault service available free of charge and for withdrawals Charge. ” With millions of active users and tens of Read more …

MISSCOIN – BEAUTY AND DECENTRALIZATION WILL SAVE THE WORLD “Beauty will someday save the world” – that is what Dostoevsky, the great Russian classic believed would happen. Looks like people used to support the idea long before the renowned author was even born – almost any culture on the globe had its own “beauty contest” with the earliest documented one dating back to the 5th century BC. The tradition lived to see today and at the moment there are about Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The bitcoin price has achieved a new all-time high for the second time this week at $8,668, with strong momentum led by Japan and South Korea. Over the past few days, the two largest bitcoin markets demonstrated trades with significantly high premiums. Yesterday, on November 24, CCN reported that South Korean investors traded bitcoin with a $300 premium. South Korea and Japan Leading Momentum In South Korea, Read more …

Crowdfunding Just recently a fundraiser was initiated by a long-time bitcoiner, Paul Wasensteiner, who is very passionate about spreading the benefits of the decentralized cryptocurrency bitcoin cash (BCH). Wasensteiner and others plan to launch a Bitcoin Cash Fund Initiative in hopes to drive progress forward and expand adoption. Also read: The Curious Case of the New ‘Dragonmint Bitcoin Miner’    Introducing the Bitcoin Cash Fund Initiative A new BCH funding initiative is in the making, which plans to help Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Initial coin offerings (ICOs)  have raised an estimated $3.6 billion this year, and regulators across the world have begun to eye them with increasing concern. In Bermuda, however, the government views them as an economic opportunity. Announced on Thursday, the island territory’s government has established the Blockchain Legal and Regulatory Working Group, an initiative created to make Bermuda a “destination for utility tokens, tokenised securities, cryptocurrencies, and Read more …