This is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. He might never spend a summer in D.C. again, but he made this one count. In an exclusive video interview, CoinDesk recaps the July day when an anonymous bitcoiner scratched his manifesto on a legal pad, stuck his finger in the eye of the powers that be and went from man to meme. Why was he there? What were his motives? Hear from CoinDesk’s Most Influential person in his own Read more …
Recently the Indian finance ministry criticized Bitcoin and the rest of the digital currencies in the market for their lack of intrinsic value. The Indian finance ministry stated: “There is a real and heightened risk of investment bubble of the type seen in Ponzi schemes which can result in sudden and prolonged crash exposing investors, especially retail consumers losing their hard-earned money. Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.” Flawed Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Billionaire businessman Tilman Fertitta, founder and CEO of Landry’s, recently shared his thoughts on bitcoin while on CNBC’s “Power Lunch.” The billionaire sees similarities between the rise of cryptocurrencies and the dot-com bubble, but notes bitcoin is real and is here to stay. Fertitta, who’s also the star of reality show “Billion Dollar Buyer,” compared the cryptocurrency ecosystem’s rise to the dot-com bubble, stating that cryptocurrencies are Read more …
Reports are emerging on Twitter that bank accounts in Australia associated with Bitcoin purchases are being frozen alongside transactions that users may be making to some of the country’s most popular cryptocurrency purchasing sites. The Australian banks which have been accused of freezing accounts of Bitcoin users have been listed as the National Australia Bank, ANZ, Commonwealth Bank of Australia, and Westpac Banking Corporation. The claim was made in a tweet saying that user activity associated with certain websites (BTC Markets, Read more …
In darkness or in light? Either way, Baldet seems right at home whether she’s onstage at a banking conference or somewhere in the islands, posing for pictures at an "ethereum unicorn party." Will she emerge as a real deal innovator? Or is she the ultimate imposter banking infiltrator? While Baldet’s story is yet to be told, her association with one of the largest banks in the world, and power position on its so far compelling blockchain efforts are more than Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Blockchain Insider is a new column dedicated to interviewing leaders in the blockchain world. These include founders, traditional industry veterans turned ICO participants and everything in-between. The weekly interviews will cover a wide range of questions and try to explore the motivation behind blockchain-based ideas and the problems blockchain technology is being used to solve. In 2017, cryptocurrency exchanges saw more users than some of the world’s 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. 2017 Initial Coin Offerings The ICO market has exploded in 2017. Once a relatively unknown funding method, the total number of ICOs in the first half of 2017 surpasses the whole number of funds raised Read more …
Erik Voorhees always seems slightly out of step. An early evangelist for the tech, Voorhees may be a rarity in that he has not only maintained but grown his relevance on the industry stage, all the while fighting for an unpopular block size increase and launching projects that seem years ahead of their time. Still, controversy seems not to catch this sly fox, as 2017 saw a victory lap for Voorhees, who emerged as one of the few early advocates Read more …
Marko Kobal, co-founder of NiceHash, the Slovenian startup that serves as a marketplace for matching spare computing power to miners, stepped down from his role as CEO last week. This comes just weeks after NiceHash lost over $60 million to a high profile cyber attack. Christmas came early for many Bitcoin enthusiasts this year, reaping huge gains from Bitcoin’s meteoric price surge in the first half of December. For NiceHash, however, the month of December was anything but merry as Read more …
From vending machines to sophisticated algorithms that have driven human beings off the trading floor of NASDAQ, business logic coded as software has been automating and revolutionizing the world around us, long before the materialization of virtual currencies. In essence, smart contracts are here to stay. Blockchain has a substantial promise of application in executing contractual obligations and undeniably multiple organizations are exploring different use cases for smart contracts. Applying blockchain technology enables the production of smart contracts with full Read more …
Key Points Bitcoin gold price has recovered well from the $205 support zone against the US Dollar. There is a contracting triangle forming with current resistance at $255 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair might make the next move soon either above $255 or below $235 in the near term. Bitcoin gold price is moving nicely above $200 against the US Dollar. BTG/USD is now preparing for the next break with resistance at $255. Read more …
Bitcoin has started a new year, after defeating all bonds, stocks, gold, and assets in terms of price growth and profitability in 2017. 1,300% Annual Return According to StockTwits, S&P 500, Dow Jones, Nasdaq, Long 20+ Year Treasuries, Gold, Emerging Markets, and Junk Bonds have all recorded yearly gains below the 35 percent mark, despite the strong performance of the US stock markets. On the contrary, as it did in 2015 and 2016, bitcoin has surpassed the growth rate of Read more …