Month: January 2018

According to World Bank and World Health Organization, half of the world lacks access to essential health services and 100 million people are pushed into extreme poverty because of health expenses. It is often difficult to get access to healthcare while traveling abroad. It is always a difficult and tedious process to get an accurate patient history. Medical research takes a painfully long time to make it through the approval process and into actual practice in hospitals. The healthcare system as Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Yoo Byung-joon, business administration professor at Seoul National University, the most prestigious college in South Korea, has stated that the South Korean government introduced premature regulations for the bitcoin and cryptocurrency market. Premature Regulations As CCN reported in December, the South Korean government released various policies to strictly regulate the South Korean cryptocurrency market and protect investors within it. Initially, after the December 13 emergency meeting to Read more …

Wendy Xiao Schadeck is a venture investor at Northzone, based in New York City. She has been following the blockchain space closely, focusing on the behavioral perspective. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. With $4 billion in capital raised in ICOs, and very little utility value to show for it, it’s tempting to call token offerings a bubble. However, the more likely truth is that the same forces that gave rise to today’s paradigm-shifting technologies (see: Carlota Perez’s definitive book) are Read more …

Last updated on January 3rd, 2018 at 02:19 pm Back in August 2017, the first coin created from a Bitcoin fork came into existence: Bitcoin Cash. However, since then, two other coins have also been “forked” from Bitcoin: Bitcoin Gold (October 2017) and Bitcoin Diamond (November 2017). Most people are still wondering what these forks are, how they happen, and how one can profit from them. Here’s my take on all of this. What the hell is a Bitcoin fork? Read more …

The South Korean cryptocurrency market accounts for a relatively small percentage of global Bitcoin trades, but has nonetheless played a crucial role in bringing RIpple’s market capitalization from $40 billion to $88 billion. Ripple was one of the best-performing crypto assets of 2017, boasting a 360x increase in value. Exactly one year ago, on January 1, 2017, a single Ripple sold just six-tenths of a cent. Today, a single token is worth $2.29. Ripple’s Spectacular Surge in Value Over the Read more …

To the surprise of many, 2017 was the year cryptocurrencies catapulted into mainstream consciousness. As far as best performers go, bitcoin wasn’t even in the top ten. The Top Cryptocurrency of 2017 At its highest point Sunday, Ripple XRP skyrocketed 36,000% to become the world’s best-performing digital asset. The cryptocurrency charted an impressive path in the final three weeks of the year, gaining more than 800% when comparing the closing price between Dec. 7 and 31. Many investors have placed Ripple Read more …

As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks in 2018. The Chicago Board Options Exchange (Cboe) and CME Group, the two largest futures exchanges in the world, successfully launched Bitcoin futures trading last month. Things to look out for in 2018 in Read more …

Finance Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting Japanese personal consumption by anywhere from ¥0.2 to ¥0.4 billion, they explain, referring to the phenomenon as the bitcoin effect. Also read: Read more …

In 2017, several Ethereum-based decentralized application (dapp) browsers gained significant popularity, primarily due to the rise of dapps like CryptoKitties. During its peak, CryptoKitties, the digital cartoon collectibles game, was responsible for more than 20 percent of the entire Ethereum network’s daily transaction volume. CryptoKitties in particular was praised by some of the cryptocurrency sector’s experts like Andreessen Horowitz partner Balaji Srinivasan. Srinivasan noted that CryptoKitties has demonstrated the potential of the Ethereum network to process digital asset trading in Read more …

 Bitcoin Price Key Highlights Bitcoin price seems to be off to a slow start for the year as price is consolidating. It has formed lower highs and found support around $12,500, creating a descending triangle pattern. This is also around the right shoulder of the head and shoulders reversal signal highlighted in an earlier article. Bitcoin price is now consolidating inside a descending triangle pattern, waiting to establish direction at the start of the year. Technical Indicators Signal The 100 Read more …

Regulation South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates The South Korean government made several announcements in December regarding cryptocurrency regulation. The first was the “emergency” regulatory measures, as news.Bitcoin.com Read more …