Blockchain News

Ethereum Price Technical Analysis – ETH/USD To Break Higher
Ethereum Price Technical Analysis – ETH/USD To Break Higher. Posted on 6:00 am May 25, 2017 Author Aayush JindalCategories Altcoins, Analysis, Ethereum Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum ...
Blockchain: an investor's guide
Blockchain is the hottest bit of jargon in the financial world and potentially the most exciting development since the invention of the internet. According to one expert, it 'promises to do for finance and payments what the shipping container did for ...
Who's Behind The Spike In Bitcoin?
The Nasdaq continues to defy gravity, sniffing back toward new record highs today. It took two days to shed 3%. And four business days to get it all back. The VIX (the index that measures the demand big investors have for downside protection) has had ...
Surge in value for Bitcoin cryptocurrency
It is a virtual cryptocurrency created in 2009 and released as open-source software. For a long time, the currency was only really used by serious computer geeks, but it has progressively gained ground among the wider public. In fact, a growing number ...
TMX Group To Test Natural Gas Transmission With Blockchain-Based Prototype
On May 24, 2017, TMX Group announced the development of a blockchain -based prototype that enables the transfer of natural gas . The project was the result of a partnership between Natural Gas Exchange (NGX), TMX's wholly-owned subsidiary and a ...
John McAfee Says Bitcoin Boom to Put MGT Capital in the Black
John McAfee, the pioneering and controversial anti-virus software developer, who took over as the chief executive officer of MGT Capital Investments Inc. last year and turned the video-game company into a cybersecurity firm. He expects the money-losing ...
Bitcoin bonanza and Dollar Tree earnings: Here's what could drive markets Thursday
Bitcoin surged to yet another all-time high in late Wednesday trading, crossing the $2,500 mark for the first time, according to CoinDesk data. The volatile digital currency has now roughly doubled in the past month, and Schlossberg sees further upside ...
Global Blockchain Conference Announced For June 14 In Chengdu, China
Professionals from across the blockchain ecosystem will gather and provide insight on developments in the Crystal Hall of the International Convention Center. According to digital currency and blockchain portal btc123.com, China's national strategy ...
Bitcoin, Ether Set New All-Time Highs Amid Market Boom
The price of bitcoin and ether, the digital tokens that power the bitcoin and ethereum blockchains, reached new all-time highs today. At press time, bitcoin had topped $2,500 and a total market capitalization of $40bn for the first time ever. Ether ...
Will Banks Soon Be Offering Cryptocurrency Services?
Cryptocurrencies, like Bitcoin and Ether, have been a contentious topic lately. Because of the relative lack of regulations covering cryptocurrencies, many have criticized cryptocurrencies for their ability to foster fraudulent activity (see the Mt ...
If you'd bought $1000 of Bitcoin in 2010, you'd be worth $35M
According to Coindesk, bitcoins are currently trading for $2,483 per coin. The price is an all-time record, and the remarkable valuation blows earlier price spikes out of the water. Bitcoins have more than doubled since the beginning of 2017, when they ...
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 ...