Year: 2018

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin’s sensational performance in 2017 could provide Japan and other major cryptocurrency markets with an economic boost in 2018. Bitcoin Price Rally Could Lead to GDP Growth in Japan In fact, analysts at financial services giant Nomura predict that bitcoin’s 2017 rally could add as much as 0.3 percent to Japanese GDP growth in the new year, according to a Bloomberg report. “Rises in asset values often Read more …

Analysts from Japanese finance giant Nomura have found Bitcoin could be contributing as much as 0.3% extra GDP to Japan. In a client note translated by Business Insider, Yoshiyuki Suimon and Kazuki Miyamoto praised the positive effects on consumer spending resulting from large numbers of Japanese holding Bitcoin. The optimism capitalizes on Japan’s Bitcoin breakout this year, which saw the country take pole position in Bitcoin-to-fiat trading, as well as adopt nurturing regulatory frameworks to further Bitcoin’s implementation into its Read more …

Mining An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it entered the cryptocurrency mining business. Also Read: First Real Bitcoin Lightning Network Payment Completed via Bitrefill Class Action Lawsuit Apollo Power, Read more …

This article is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. Blockchain may be an early-stage technology, but it’s big business already. In this video interview, ConsenSys CEO, and one of CoinDesk’s Most Influential people, Joe Lubin discusses his company’s explosive growth, the value of cryptocurrencies and the social impact of his startup’s work. How do we go from analog to digital finance? And what does this distributed future look like? Read our featured article here or hear his story in Read more …

Slovenian mining service NiceHash has swapped CEOs several weeks after hackers stole Bitcoins worth around $63 mln in 2017’s last major attack. After the embattled platform relaunched Dec. 22, local news media reported original CEO Marko Kobal had left, himself confirming on LinkedIn: “As you are aware, since the recent security breach we at NiceHash have been working round the clock to rebuild our internal systems as well as management structure. I shall now stand aside and allow new management Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Jeffrey Kleintop, Charles Schwab’s chief investment strategist, told Business Insider that if there is a bitcoin bubble, it is not like the dot-com and housing bubbles. If bitcoin prices fall, it will not be for the same reasons as the other bubbles since bitcoin is not yet embedded in the economy and the financial structure the way dot-com and housing stocks were. Any fallout in bitcoin prices 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. 1st of January 2018 – Leading Canadian gambling affiliate site Bonus.ca has joined the bitcoin community. The company has previously monitored and reviewed traditional gambling sites in order to find the most trustworthy service providers Read more …

When looking across the globe, there were plenty of strong performing equity markets in 2017. Nevertheless, none compare to the massive appreciation seen within the cryptocurrency sector. Warning: If you are primarily an equity investor, you may soon be compelled to enter the world of cryptocurrencies as the relative outperformance of the top cryptocurrencies in 2017, when compared to equity markets, was astronomical. The top-performing stock market last year (excluding Venezuela with a 3,884 percent gain due to rampant inflation) Read more …

Emerging Markets Back in October, we reported on the launch of the peer-to-peer trading platform called Localbitcoincash. Since then the website has seen some updates, more users are exchanging, using the platform, and the developer of the exchange has plans to add a ‘shapeshifting-like’ service to the portal shortly. Also read: 2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices  Sending Money to Each Other for Less Than One Cent The LBCH platform’s bitcoin cash sending Read more …

This is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. It turns out the head of one of the cryptocurrency industry’s most innovative exchanges is a bit like the rest of us when it comes to making sense of the new world of digital assets. In an exclusive video with CoinDesk, ShapeShift CEO Erik Voorhees discusses what separates one crypto from another and how they go from idea to a listing on his signature swapping service. How did he go Read more …