On March 22, 2018, a report was released by the Student Loan Study that raised a few eyebrows across the space. A survey of 1,000 college students with student debt were asked the simple question: Have you ever used student loan money to invest in cryptocurrencies like bitcoin? The results were astounding with 21.2 percent answering in the affirmative. Although the details of the methodology used in the survey have been kept relatively vague and leave questions as to whether 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. With less than a month to go, Blockchain enthusiasts move quickly to secure tickets to World Blockchain Forum Dubai, joining global crypto elite in the heart of the UAE. Final release begins April 1st. The Read more …
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New super chips are supposed to revolutionize the computer – and question cryptocurrencies for the time being. Bristlecone call Google’s researchers their latest foray into the development of the first quantum supercomputer. With the chip, which the group showed publicly this week for the first time, the developers leave classic chip manufacturers like Intel and competitors like IBM and Microsoft – at least in the chip size – for the time being behind. Intel’s new chip has 72 quantum storage Read more …
Search giant Google has said it will change its financial product policy in June this year, a move that will see advertisements related to cryptocurrency effectively banned. In a blog post published Tuesday, the company indicated that it will change its existing financial product restriction list in June this year, blacklisting ad content “including but not limited to initial coin offerings (ICO), cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice.” “Such ads will no longer be allowed to serve,” the Read more …
South Korean internet giant Kakao, which owns the popular messaging app Kakao Talk, is reportedly moving to integrate blockchain technology in its business. Local news source The Bell reported Monday that Kakao is considering the launch of a wholly-owned subsidiary that will focus on developing blockchain applications. Furthermore, the firm may be planning an initial coin offering (ICO). If so, the move echoes that of Telegram, another instant messenger company that claims to have netted $850 million so far through Read more …
The German Blockchain-based payment service provider Bitwala announced that it is launching a new “crypto-first” banking service for German customers, complete with accounts, international bank account numbers (IBAN), SWIFT codes, and corresponding MasterCard debit cards, Cointelegraph Deutsch reported Tuesday, Feb. 27. An application process is currently underway with the German Federal Financial Supervisory Authority (BaFin) to approve the project. The payment service provider highlights that German deposit insurance will protect customer funds for amounts up to 100,000 euro. The service Read more …
The Bunny Ranch, a Nevada-based legal establishment that is among the most popular brothels in the world, is considering accepting bitcoin payments according to owner Dennis Hof. Hof, who own seven brothels in Nevada, said he is exploring bitcoin in response to requests from his customers, who he said include some of the world’s wealthiest men. Hof said bitcoin’s anonymous nature makes it suitable for customers who have a lot to lose if their private business became exposed to the Read more …
Isabelle Mateos Y Lago, chief multi-asset strategist at BlackRock, an investment management corporation with $5.7 trln in assets under management, has said that the company is keeping cryptocurrency under “close review” as an “interesting development.” Speaking to Bloomberg TV Monday, Jan. 29, the senior executive said that although cryptocurrency did not constitute “an investable asset” for the world’s largest money manager at present, it was actively tracking progress as it is “clearly evolving very fast.” The comments temper those of Read more …
Key Highlights ETH price formed a bottom around the $900 level and recovered nicely against the US Dollar. This week’s highlighted key bearish trend line was broken at $975 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair moved higher and was able to trade above the $1020 and $1050 resistance levels. Ethereum price is recovering nicely against the US Dollar and Bitcoin. ETH/USD has breached the $1050 resistance and is currently moving higher. Ethereum Price Trend Read more …
Like LTC, IOTA’s short term trend depends on if prices will close above the minor resistance trend line. For IOTA, there are some spinning tops in the weekly chart while LTC sellers or BTC bulls continue to push prices lower towards the main double bottoms at 0.014 BTC in the 4HR chart. In the mean time, close above key Fibonacci retracement levels from last week will determine NEM, Lumens and Monero rallies. Overly, I remain bullish and recommend longs in Read more …
With the launch of Bitcoin Cash (BCH) by Coinbase and Gdax, the adoption of the cryptocurrency is likely going to accelerate further. To help local users, developers, and investors meet and discuss this, there is going to be a new bitcoin cash community center in Cyprus. Cash Island Limassol, Cyprus’ second city, is getting its first bitcoin cash embassy to open in early 2018. The venue will serve as an open community center where people can talk about cryptocurrency, participate Read more …