Month: December 2017

India-based digital currency exchanges have claimed that the number of Indian investors who registered in their platforms to buy Bitcoin has increased considerably in the past few weeks as the value of the leading cryptocurrency surpassed the $11,000 level on November 29. The unprecedented rise in the number of investors who want to invest their money in the most popular cryptocurrency was observed despite rumors that the country’s central bank may declare Bitcoin and other cryptocurrencies as illegal. According to Read more …

Featured Malta Financial Services Agency (MFSA) has issued its Discussion Paper on Initial Coin Offerings, Virtual Currencies and related Service Providers, “to present to the industry a proposed policy to be adopted by the MFSA for the regulation of the ICOs, [cryptocurrencies] and service providers involved in ICO and/or other VC activity.” It’s a welcome sign for the country’s bitcoiners after its oldest bank effectively banned all bitcoin transactions. Clearly there is a tension between Malta’s legacy financial Read more …

Preston Byrne is an independent consultant and founder of Tomram LLC and the former chief operating officer of Monax Industries, an enterprise blockchain software vendor. Recent news stories make it pretty clear that the new people in bitcoin have no idea what they’ve gotten themselves into. Bitcoin is the Gom Jabbar of high finance. Cypherpunks who have populated the space to date hold the line because they do not care about money, and therefore do not fear. These new people Read more …

Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. ETH/USD Technical Analysis ETH/USD reached a new high of $480 last week. After consolidating in that area for four days, it rode on the Bitcoin mania and reached a predictable level on Wednesday.  ETHUSD Technical Analysis We Read more …

The onset of Blockchain into the world’s financial markets has brought with it many new ideas, introduced rapidly to wide-eyed market participants over the last few years. Despite how far we’ve come, however, all the progress we can currently boast about was predated by a simple product called Bitcoin. Revolutionary at the time (and still today), Bitcoin showed people that a safe financial ecosystem is possible without centralized authority figures, and that cryptocurrency is a great way to invest and Read more …

Altcoins TechCrunch and CrunchFund founder Michael Arrington has announced he is going all in on cryptocurrency investments with a new hedge fund called Arrington XRP Capital. As the name suggests, the fund will be managed in Ripple’s XRP but it will invest in a wide variety of cryptocurrency assets and Initial Coin Offerings (ICOs) as well as private equity offerings. Also Read: Bitfinex Faces Further Scrutiny Over Tether Liquidity Concerns $100 Million in XRP Investments According to Arrington, Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bigger blocks, shorter block times: those are the biggest takeaways from the mid-term roadmaps released this week by Bitcoin Cash developers. Bigger Blocks & Shorter Intervals Recently, representatives from a variety of Bitcoin Cash software development teams met in London to discuss their vision for the future of the cryptocurrency now that it has successfully established itself as a market heavyweight. This week, several of those teams Read more …