Month: December 2017

Tom Klein is the founder of BusinessBlock, a consulting firm focused on creating real blockchain value for organizations and driving operational excellence with early-stage technologies. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Do you really want to wait until 2022 for blockchain to benefit your organization? In 2017, much of the focus was on vision setting, long-term projects and the sizzle of cryptocurrencies. We also got CryptoKitties, a star of 2017 blockchain usage that is cute and fun, Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Two Thousand Seventeen will go down in the history books as a year cryptocurrency made tangible inroads in mainstream finance and commerce, driven by the 1400% rise in bitcoin’s price over the year. Regulatory measures, worrisome network forks and warnings from naysayers could not stop the crypto momentum as consumers and businesses by the millions became first-time cryptocurrency users. Source: CCN As bitcoin’s price rose steadily throughout Read more …

This is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. Ask Naval Ravikant his proudest accomplishments of 2017, and he mentions a 37-part tweetstorm about blockchains, networks and markets – almost in the same breath as his business activities. “I’d been thinking about the problem for a while. I went to sleep, woke up in the middle of the night, 3 or 4 a.m, and I just regurgitated that entire thing on Twitter,” the founder of San Francisco-based Read more …

Gartman Letter creator and former trader Dennis Gartman has said Bitcoin will trade “below $5,000” and that it is “one of the silliest things in a long time.” In two appearances on newly Bitcoin-bearish TV network CNBC, Gartman stressed the implausibility of the virtual currency and said he would have no contact or exposure to it. “I’m very bearish on Bitcoin, I think it’s one of the silliest ideas I’ve heard in a long time,” he told its Futures Now Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. On December 26, 40-year-old IT specialist and bitcoin exchange executive Pavel Lerner was kidnapped in Kiev, Ukraine. He was reportedly forced into a Mercedes-Benz Vito by unknown assailants wearing dark clothes and balaclavas. Lerner, a leading analyst at cryptocurrency exchange EXMO, stopped answering the phone after leaving the company’s offices. Speaking to Reuters, Anton Gerashchenko, an advisor to the Ukrainian Interior Minister Arsen Avakov, stated that Pavel Lerner Read more …

There’s something about the way Joe Lubin relaxes that sums him up as a manager. Shoes off, revealing a pair of plain black socks, he rests his feet high on top of his desk in the corner of the same room where his staff diligently plugs away at their computers. Staring out a window overlooking Brooklyn, everything about him seems perfectly calm. But something there, underneath, betrays a hidden ability to strike. While his employees seem to adore him, the 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. Cryptocurrencies are now worth over $600 billion. This is more than the net worth of Amazon or Facebook. Owing to its continual growth, many great projects have emerged that are developing to enhance pre-existing services Read more …

This is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. “Oh dear God. China is banning bitcoin. Sell! Sell it all, damnit!” In an industry so often in the midst of erasing its own even recent past, it’s all the more amazing a meme from 2014 still holds true today. Depicting “South Park” characters on some fictitious trading floor, it retains so much relevance because all the huffing and puffing from China, long the big bad wolf of Read more …

This is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. Pieter Wuille is quick to bite his tongue. In one of the developer’s first-ever long-form interviews, it’s clear he has plenty of thoughts to share. He gets fired up when chatting about bitcoin’s coming innovations and the cryptocurrency’s original white paper. “There’s so much we’ve learned since then,” he says, addressing those he feels treat the nine-page document, published in 2008, as a “bible” of sorts. Over the Read more …

Markets and Prices Chicago Mercantile Exchange (CME) has launched a market simulation tool that allows newcomers to practice trading bitcoin futures without risking any capital. The free tool has been added to the company’s ‘CME Institute Suite’. Also Read: Thailand’s Year of Bitcoin Ends With Central Bank Education Push CME Tweeted About the New Simulator on December 27th – Less Than Two Weeks After Launching Its Bitcoin Futures Markets Earlier this week, CME posted on Twitter alerting followers Read more …

In January, 2017 bitcoin was worth appr. $1000. By the end of the year, its price rose over $15 000. This huge price increase however was merely a side effect of something much greater: worldwide cryptocurrency adoption! For those who have been using cryptocurrencies in 2017, we hope that you look back at the year with joy and excitement. If you are new to crypto, these are the things that you should know about what happened with Bitcoin this year: Read more …