Blockchain News

Monero's XMR Price Records Another Historical High ($57) Scoring 320% Growth In 5 Months
Monero XMR has just recorded another historical high at $57.6 on Poloniex earlier today. Monero which is one of the totally anonymous cryptocurrencies has been on a bullish run since the beginning of the year. In January, one Monero coin was worth ...
BitMania: why cryptocurrencies are having a bubble.
The latest spike in the price of bitcoin has all the hallmarks of investor mania. Kristoffer Koch is the hapless hero in the cryptocurrency version of the classic get rich quick fable. He bought some bitcoin in 2009 for $26.60 when researching an ...
Cryptocurrency Mania Goes Beyond Bitcoin
Ether, a digital currency linked to the Ethereum blockchain, has more than doubled its worth in the last week and is currently the second most valuable cryptocurrency, behind bitcoin. The value of zcash, the cryptocurrency that announced a partnership ...
Consensus 2017: Blockchain Consortia in A Rapidly Changing Market
Jennifer O'Rourke, blockchain business lead for the Illinois Department of Commerce and Economic Opportunity's Office of Entrepreneurship, Innovation and Technology, pointed out that to get buy-in from both colleagues and the markets you serve, you ...
ICO ends in
Following a correction towards the $87 resistance, Ethereum price has stopped, due to the support from big bulls, and a new powerful long-term growth wave has followed. The support of a big buyer, or buyers, could be determined at short-term scales. At ...
Growth in Japanese Crypto Currency Market Pushes The Sales of MCAP Tokens
MCAP will be soon launched in other famous crypto currency exchanges also. This will faster the current steps towards scaling up. The participants who are investing in MCAP will further have tools and resources to use MCAP as their favorite currency ...
Explosive Price Surge: $100 Bitcoin Bought in 2010 Now Worth $75 Mln
In a relatively short span of seven years, Bitcoin price surged from around $0.003 to a staggering $2,389. That is a 796,000x return as an investment. In fact, today, on May 24, Bitcoin price hit a new all-time high at $2,392 and is continuously ...
Opinion: Three reasons to fear the coming crash in bitcoins
Bitcoins themselves may be very new, yet that kind of price action is very old. In truth, it is starting to look like a bubble, and that should be making investors everywhere feel nervous. Why? Because it tells us that financial crazes are back ...
The future of money Cryptocurrency Ethereum's value soars by more than bitcoin
CRYPTOCURENCY Ethereum has seen its value surge by more than Bitcoin in 2017, as investor appetite for blockchain-based systems shows no signs of waning. By Lana Clements. PUBLISHED: 17:03, Wed, May 24, 2017 | UPDATED: 17:19, Wed, May 24, ...
Consensus 2017: Bitcoin Exchange Execs See Promise in Multi ...
Consensus 2017: Bitcoin Exchange Execs See Promise in Multi ...
Bitcoin Soars to Record-High Trading Price
Bitcoin set a new record-high trading price, soaring above $2,400 on Wednesday as the cryptocurrency continued its surge. CNN reported on Tuesday that the digital currency's value had increased 125 percent in 2017 alone. Part of the reason for bitcoin ...
FSIs get a blockchain tech playground
Despite the benefits financial services institutions (FSIs) stand to reap from adopting blockchain technology, most have been hesitant due to a lack of familiarity with the technology. Financial services consultant and tech provider Synechron plans to ...
MinexCoin Paves Way for Cryptocurrency Mass Adoption; ICO Launched
MinexCoin aims to create the first digital asset that will be used as a currency with the advantages of the blockchain technology and master the main drawback of a cryptocurrency that denies its mass adoption- volatility. The growth of MinexCoin will ...
People are making a fortune buying government-seized bitcoins
The old saying goes that one man's loss is another man's gain. That's been proven true in the bitcoin market. Over time, the US government has seized hundreds of thousand of bitcoins from individuals who used the cryptocurrency in the process of ...
Bitcoin surges to record above $2400, bringing 2017 gain to nearly 150%
The momentum behind bitcoin is growing far faster than traditional global investments. Bitcoin hit a fresh record Wednesday after a late Tuesday announcement from the Digital Currency Group alleviated worries about a fractious debate among ...
Bitcoin soars above $2400 to all-time high
Also, a big part of bitcoin's recent surge is the increase in demand for other digital currencies being sold in so-called "initial coin offerings", or ICOs. Under ICOs, blockchain start-ups sell their tokens directly to the public to raise capital ...
Toyota Joins Coalition to Bring Blockchain Networks to Smart Cars
Toyota means to solve both problems using blockchain technology, the networking method behind Bitcoin and other cryptocurrencies. Blockchain allows connected computers to share data and even software, and to do so securely. This matters for all sorts ...
VIX Trading, Hoaxes and Blockchain
The CBOE Volatility Index -- the VIX -- is a measure of expected volatility in the S&P 500 index. People pay more for options when they expect prices to be volatile, and you can compute implied volatility from option prices. So the VIX looks at the ...
Ethereum Classic Hits $1.3 Billion Market Cap, Boosted By Consensus, Silbert
Ethereum classic is making a strong statement. The decentralized smart contract platform is on flame hitting more than $1.3 bln market cap on Wednesday morning. In fact, it streaked as high as more than 55 percent to sell at $16.11. ETC's new growth ...
What is the Ethereum Enterprise Alliance?
The world of cryptocurrency is full of surprises. Not too long ago, the Ethereum Enterprise Alliance was formed. This initiative focuses on connecting Fortune 500 companies, startups, and academics with the Ethereum ecosystem. The ultimate objective of ...
TMX Group Develops Blockchain Prototype for Energy Business
TORONTO, May 24, 2017 (Canada NewsWire via COMTEX) -- TMX Group today announced the development of a blockchain-based prototype to power a new service offering from Natural Gas Exchange (NGX), a wholly-owned subsidiary of TMX Group and ...
Cryptocurrency Market Cap History: Ethereum Surpasses US$20bn, Bitcoin Goes Over US$40bn
It has been an incredible roller coaster ride for the world of cryptocurrency these past few years. A lot of people doubted the success of Bitcoin and other currencies not all that long ago. We have certainly come a very long way ever since that time ...
Wyre's WeChat and Facebook Bot Authenticates Invoices on Ethereum
We put it into HEX and you can convert that into ASCII, if you look at ethereum, with just the click of the button. That's just a security measure for clients so they know [the invoice] did go through the Wyre bot. It's not someone pretending they went ...
Bitcoin may have more than doubled this year, but rival Ethereum is up 2000%. Here's why
Ethereum has been designed to support so-called smart contract applications. A smart contract is a computer program that can automatically execute the terms of a contract when certain conditions are met, potentially taking a lot of the human ...
Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin
At the moment digital currencies like Bitcoin operate in a gray space in the country and there have been some controversies lately on the legality of Bitcoin in the second most populous country in the world. If the government is now taking on board ...
Consensus 2017 Day 2 Recap: Finding Blockchain's Common Ground
Can regulators and the entrepreneurs who want to use blockchain to upend the markets and sectors they work in find common ground? The panels of the second day of Consensus 2017, in part, iterated on some of the first day's ideas with a focus on balance ...
Bitcoin flies past $2300 for the first time as scaling agreement is reached
It seems as if nothing can stop bitcoin from going higher. The cryptocurrency is up by 3.5%, or $80, on Wednesday at $2,339 a coin. It has gained in 26 of the past 29 sessions and has doubled in value over that time. Wednesday's gain comes after a ...
'I Love Bitcoin, Ethereum' Says Fidelity CEO As Company Finalizes Coinbase Integration
Speaking at this week's Consensus 2017 conference in New York, CEO Abigail Johnson said she “loved” Bitcoin, Ethereum and Blockchain. “I love this stuff – Bitcoin, Ethereum, Blockchain technology – and what the future holds," she told attendees ...
One of the world's largest financial services firms is mining bitcoins
The head of one of the world's largest asset management firms came out today (May 23) as a huge fan of bitcoin. Abigail Johnson, chief executive of Fidelity, which manages $1.9 trillion in mutual fund assets, told an audience at the 2017 Consensus ...
Bank of PNG investigates using Blockchain to improve country's low rate of financial inclusion
The Bank of PNG and an Australian aid contractor are looking at how Blockchain — a system of recording and validating online transactions — could dramatically improve PNG's low rate of financial inclusion. Blockchain is a digital ledger that records ...
Why bitcoin prices are rising -- way more than a bit
When hackers recently threatened to release an unnamed Disney film unless they received a payoff, they asked for the ransom in bitcoin. The incident highlights the cryptocurrency's dual nature these days as an increasingly prized and accepted financial ...
Consensus 2017: Blockchain and Healthcare's People Problem
Startups and healthcare companies are looking at blockchain as a possible way to give patients greater control over their data – but getting there might not be as easy as it sounds. The question of giving patients ownership of their medical and ...
It's not just Bitcoin anymore...
It's not just Bitcoin anymore...
Ethereum Takes Over Ripple With Ease $16 Billion Market Cap
Ripple's impressive rally didn't last long and its market cap quickly fell from around $16 bln to $13 bln in less than a week. Ethereum took advantage over Ripple's instability and took over XRP to reclaim its spot in the rankings as the second largest ...
Minexcoin Pushes Further The Boundaries Of Cryptocurrency Mass Adoption; ICO Launched
The recent explosion in value of bitcoin, Ethereum and other cryptocurrencies has been a promising development in many ways, but as more people become aware of cryptocurrency benefits, users will come to recognize that the asset's changing value ...
Ecologist Says Blockchain-Enabled Crypto-Governance Could Save the Environment
Bitcoin and blockchain technology are all over the press for the recent, apparently unstoppable surge of bitcoin price. But blockchain technology is also in the scientific press, with articles published in the prestigious journals Nature and Science ...
Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend
Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend. Posted on 6:00 am May 24, 2017 Author Aayush JindalCategories Altcoins, Analysis, Ethereum Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum ...
Bitcoin's New Scaling 'Agreement': The Reaction
A meeting of bitcoin startup executives and miners held this weekend has resulted in the publication of a new proposal for how the open-source project should be upgraded to support additional transaction capacity. Detailed in a Medium post published by ...
(Photo: Thomas Trutschel/Photothek/Getty Images) (Photo: Thomas Trutschel/Photothek/Getty Images)
Ensuring that your weird cousin—you know, the one who's always telling you about his custom VPN and the dankest of internet memes—will be extra insufferable this Thanksgiving, it turns out that Bitcoin is actually worth something. A lot of somethings ...
Billion Dollar Cryptocurrency Club Swells to Six Members
Bitcoin's value has almost doubled in the last month, even while its market share has fallen below 50%, thanks to the gains of other cryptocurrencies. Bitcoin's gains have been steadier than most of the altcoins, but collectively, altcoins are rising ...