Bitcoin prices are taking a hit at press time, and could suffer a deeper pullback over the weekend, the price charts indicate. Notably, it’s only been a day since the cryptocurrency clocked an all-time high of $11,363.99, before falling more than 15 percent to $9,295.79, as per CoinDesk’s Bitcoin Price Index (BPI). In the Asian hours, bitcoin regained some poise, moving to a high of $10,681 today, before starting to drop again at around 05:00 UTC. The cryptocurrency was last seen Read more …
Bitcoin network issues have been apparent for quite some time now. Especially when it comes to the mempool, things get out of hand quite regularly. It seems the backlog is filling up once again. With over 70,000 unconfirmed transactions hitting the network, things aren’t looking all that great. This is mainly due to the number of transactions per second, surpassing the 34 mark. Whether or not this is part of another spam attack, remains to be seen, though. It is Read more …
An “unprecedented victory for the industry” is how Coinbase describes the likely culmination of its year-long legal battle with US tax authorities this week. $20k Or Nothing, Court Tells IRS In a digest of the most recent events from court, communications director David Farmer said the exchange’s resolve to “take a stance” against the Internal Revenue Service (IRS) request for customer data prevented them being “unfairly targeted.” The court ruled that only transactions over $20,000 must make their way to Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin’s eye-popping rally leading this week’s all-time highs sees Indian investors rushing to grab a bite, despite the soaring premiums. India, much like anywhere else in the world, is seeing an unprecedented demand for bitcoin after the cryptocurrency surged to historic all-time high above $11,000 this week, within days of breaking through the $9,000 milestone on Sunday. Investors in the country, both retail traders and novice adopters Read more …
We knew a correction was just around the corner in the bitcoin price having seen the exuberance of the last few days and action hasn’t disappointed us in that regard. Price dropped from in and around the $11,000 area to as low as $9,000 apiece in a matter of hours and current levels sit just ahead of $9,800. The hope is that the recent bottom proves to be just that – a turnaround point from which sentiment can reverse and Read more …
When criminals tried to con investors during its recent initial coin offering (ICO), Blockstack, a startup building a decentralized internet, used its tech expertise to turn the tables on the tricksters. Scammers hoping to lure investors feeling left out because the firm limited its token sale to accredited investors only set up phishing sites by copying the entire blockstack.com code. But doing so meant the fake sites were actually in contact with a server that Blockstack controlled, which fed the top Read more …
Regulation During November, several central banks addressed bitcoin and cryptocurrencies. New Zealand’s central bank has issued a statement seeking to educate citizens of the fundamentals underpinning cryptocurrencies, as well as the implications of such on monetary policy. The senior deputy governor of the Bank of Canada has stated that cryptocurrencies comprise assets or securities, rather than currencies. Brazil’s central bank also addressed cryptocurrencies during November, issuing a warning to investors. Also Read: 1 Million Yen, 100 Million INR Read more …
CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data science optimized portfolio of the top 20 cryptocurrencies. The fund has recently surpassed the $35m milestone in its ongoing token sale. Monday (27/11/2017) saw the CRYPTO20 fund perform its second successful divestment/rebalancing procedure. A period of exceptional growth has led to the total fund value exceeding $35m with a NAV (net asset<br />Read More<br />The post CRYPTO20 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. BCShop.io is happy to announce that it will integrate the Bancor Protocol into its project to enable all users to convert BCS tokens directly on-chain. This means that no centralized exchanges need be involved, liquidity Read more …
With the $11,000 milestone newly etched onto its belt, Bitcoin continues its rise in value while a chorus of voices sings contrasting melodies. For some, the Bitcoin price surge over the past two weeks has been nothing short of miraculous, vindicating “outlandish” predictions made months ago. The more-wary pundits are staying at an arm’s length, watching nervously as what they describe as a bubble continues to grow. Speaking to CNBC’s Leslie Picker earlier this week, Citadel hedge fund founder and Read more …
Pokereum, a decentralized poker DApp that uses smart contract and client-side cryptography to provide efficient, provably fair, secure and decentralized global poker, has released a demo that is now open to the public. Pokereum is the first poker DApp to be announced and is the most mature poker program in the Ethereum ecosystem – factors that have attracted interest from a number of major brands in the online poker industry. SuperDAO (Pokereum’s sponsor DAO) currently has an open pre-ICO / Read more …
Nasdaq, the world’s second-largest stock exchange behind New York Stock Exchange, will be allowing Bitcoin futures trading by the middle of 2018. With a stock market worth $6.8 trillion Nasdaq is a behemoth among exchanges and reports that it will be opening up to crypto trading can only be good news for Bitcoin and its brethren. A report on the Wall Street Journal revealed that Nasdaq and Cantor Fitzgerald & Co. will list BTC futures within the first half of Read more …