Blockchain News

Bitcoin Price Analysis: Understanding the BTC-USD Price Correction
Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin ...
Move Over, Bitcoin. Ether Is the Digital Currency of the Moment.
The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. The value of Ether, the digital ...
It looks like cryptocurrency mining is driving up Nvidia graphics card prices too
We pointed out a couple of weeks ago that cryptocurrency miners are largely to blame for the scarcity of AMD Radeon RX 580 and 570 graphics cards. That has not changed—finding an RX 580/570 in stock and without a grossly inflated price tag is a ...
Project TITANIUM: The EU's Plan to Decloak Cryptocurrency
Project TITANIUM will develop tools and best practices for criminal investigations involving cryptocurrency in Europe, which, up to now, most law enforcement agencies have pursued on an ad-hoc basis. The project plans to create forensic tools to spot ...
Bitcoin Miners Unite Behind Scaling Proposal Segwit2x
Known as Segwit2x, the proposal – if passed – could mark a significant advancement in bitcoin's years-long scaling debate, effectively spurring the activation of Segregated Witness (SegWit), a scaling proposal introduced by developers in 2015, and ...
Will Ripple Rally Like Ethereum and Bitcoin?
XRP, the native currency of the Ripple network, reached a peak value on May 17 of this year after a major rally before dropping over the next 10 days. By May 27, XRP had bottomed out, along with the broader field of cryptocurrencies. What has happened ...
Why Do We See Buy and Sell Walls in Cryptocurrency?
Speculation is, unfortunately an integral part of cryptocurrency these days. The current prices for individual coins and tokens are largely based on speculation, which shouldn't surprise anyone. It is also not entirely surprising there are things such ...
A meetup on blockchain and social impact? We're intrigued
Though the banner blockchain products might be cryptocurrencies like Bitcoin and Ether, it's been said time and time again that the technology's reach could be far more ample. That premise, coupled with a connection to Brooklyn's ConsenSys, inspired ...
How To Buy Bitcoin, Now That It's Reached An All-Time High
This story appeared in the June 19, 2017 issue of Level Up by Forbes newsletter. Subscribe. If you've ever exchanged dollars for euros, you expect the exchange rate to be nearly equal, give or take a few cents. Knowing that, it's easy to see why ...
ConsenSys launches coding academy for Ethereum blockchain
It certainly hasn't yet, but the last several months have seen a number of advancements for Ethereum, not the least of which is that the price of the platform's currency has absolutely skyrocketed in recent weeks. For much of 2016, Ethereum traded at ...
Financial Firms Offer Diverse Blockchain Views in European Commission Response
It went on to state that regulators would be expected to play a role in permissioned blockchain systems, and that the industry should move to ensure they're able to use the technology to monitor such systems. By contrast, the EPIF, which represents ...
National Bank of Abu Dhabi Adopts Ripple Cryptocurrency Software
Although it is often overlooked by investors more eager to focus on Bitcoin and Ethereum, Ripple has several factors in its favor in comparison with the rest of the cryptocurrency field. The currency, now sporting the third-largest market ...
Bitcoin Trial Sees No Customers, Millionaire Says Cash is Enough: India
A Bangalore restaurant's unsuccessful Bitcoin pilot has cemented views that in India, Bitcoin is not the sensation in real life that it is online. Local news resource Factor Daily reports that a local restaurant, long recognized for its Misal Pav and ...
Bitcoin hits a bump
The incident highlighted how popular cryptocurrencies have become, with the global market now topping $100 billion. But it also renewed concerns about whether the ecosystem around bitcoin and its peers is mature and stable enough to truly challenge ...
Accenture, Microsoft team up on blockchain-based digital ID network
A screen grab of software from Accenture Plc and Microsoft Corp who have teamed up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide ...
ICOs: New Model of Blockchain Capitalism
ICOs are the hot new thing in the Blockchain community. The idea behind an initial coin offering is that a company promises to build a Blockchain-based product or service. To raise the funds necessary to the execution of its roadmap, the company issues ...
"The Flippening": Will Ethereum Take Bitcoin's Place?
While Bitcoin has dominated the conversation, as well as the wider efforts of all digital currencies to achieve a greater degree of recognition in the larger financial world, Ethereum seems to be making quick gains on its more established rival ...
Russia's National Payment Card Provider: Blockchain Isn't for Us
Revealed in a new interview with RIA, the country's international news agency, Vladimir Komlev, the head of the National System of Payment Cards (NSPK), remarked that blockchain technology is like any technology in that it has a niche where it is ...
ViaBTC launching Zcash trading against Chinese yuan (ZEC/CNY)
ViaBTC Exchange, the crypto exchange offshoot launched last month from mining company ViaBTC announced they will be releasing a Zcash ZEC / Chinese yuan CNY trading pair this week. Deposit and withdrawal of ZEC will be available starting on 18:00, ...
Why Bitcoin, Ethereum, Ripple Fell on June 15: The Correction Explained
On June 15, 2017, the digital currency market underwent a significant market correction, with the value of a number of top currencies declining quickly and substantially. Bitcoin, Ethereum, and Ripple all dropped in value by 13-17% in a single day ...
Cryptocurrency Market Maker Rialto Will Use Ripple Technology and the XRP Asset
Rialto.AI is a cryptocurrency arbitrage platform and a market maker. Although this project has yet to launch, they have also mentioned their plan to use Ripple moving forward. Additionally, this new platform will integrate XRP for cross-market trading ...
Danish Bitcoin Company Explains Scaling Position, Offers Users Guidance
Bitonic, the Danish Bitcoin company, has recently come out in favor of the BIP148/UASF position for scaling.The company issued a statement that detailed the rationale behind their latest announcement. Bitonic voiced strong opposition in regards to any ...
Blockchain finds a potential home in cyber insurance
The Bitfury Group announced Friday it will partner with advisory firm Risk Cooperative to use blockchain in the insurance broking market, which is worth $60 billion, according to Reuters. The partnership will explore using a blockchain-based system to ...
Dutch Ransomware Doesn't Want Your Cryptocurrency or Money
It appears cryptocurrency is not the only item in high demand by ransomware developers. Although most types of malware ask victims to pay in Bitcoin or other cryptocurrencies, a new strain takes an entirely different route. R4bb0l0ck, as this type of ...
'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot
But amidst this change in identity, it's in identity itself where some of the California-based company's most interesting new experiments are taking place. With a series of early stage blockchain projects, Cisco is now pushing even deeper into what ...
Top Two Ethereum-Based ICOs To Be Launched This Week
After the “very confusing” remark that trailed the way CoinMarketCap and Bitfinex presented the ICO of IOTA, which seems to be aiming for the micropayment purpose in a growing sharing economy, two Ethereum-based platforms are set to launch their ...
UK Financial Regulator Calls for Caution on Cryptocurrency Investing
An official at the UK's top financial regulator has issued new comments calling for consumer caution on bitcoin and cryptocurrency investing. As reported by Financial News, Financial Conduct Authority (FCA) director of strategy and competition Chris ...
Universities Adding Blockchain To The Curriculum
Blockchain, the technology behind digital currencies like bitcoin, is growing in popularity — which means engineers in this area are hard to find, prompting universities to start offering courses in the nascent technology. According to a report in the ...
Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups
That's the message Nevada Senator Ben Kieckhefer wants to convey to blockchain and cryptocurrency startups the world over. The lead sponsor of a recently passed bill that prohibits the taxation of blockchain technology in the US state, Kieckhefer ...
Chance of $1Mln Bitcoin 0.25%: Vinnie Lingham
Vinny Lingham has delivered a dose of reason to Bitcoin's price moon gazers, noting the chances of a $1 million valuation are just 0.25%. In a tweet Sunday, Lingham, who is known for his level-headed appraisals of Bitcoin's price performance, agreed ...
“Clear Speculation” Boosting Bitcoin, Ethereum amid ICO Boom: South Korean Officials
Ethereum-based prediction market Gnosis is a notable example of a successful ICO, raising over $12 million in just under 10 minutes in a project valued at $300 million in April. Gnosis was topped by enterprise management platform solution Aragon ...
Bitcoin Mempool Drops 90% Despite Localbitcoins Records
Bitcoin's mempool has dropped almost 90 percent in a month, despite record transaction numbers reported in June. Data from Blockchain and Coin Dance show that while various markets set new volume highs for the week ending Saturday, the backlog of ...
Bitcoin Mempool is Virtually Empty as Community Anticipates Scaling Resolution
Over the past few months, we have seen multiple issues affect the Bitcoin network. More specifically, network congestion has been a massive problem so far. Interestingly enough, it appears the Bitcoin transaction mempool is nearly empty right now. Not ...
Bitcoin Is Not Garbage, Embrace It
I ran across an article on MarketWatch regarding Bitcoin. The title: Stay Away From Bitcoin, It's Complete Garbage. In the article, the author, Brett Arands, goes on to lay out a fictitious conversation where a supposed elite is asking an adherent why ...
Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules
But given the rising public profile of cryptocurrencies like bitcoin, coupled with the perception among policymakers that they could be used to fund terrorist activities, is driving legislative efforts like the bill currently under consideration. One ...
Australia's blockchain adoption at tipping point
Adrian Turner, CEO of the Commonwealth Scientific and Industrial Research Organisation's Data61 digital research network, said blockchain had the potential to reframe financial services and address industry issues, such as food provenance and quality ...
Gold-Backed, Sharia-Compliant Cryptocurrency OneGram Can Change the Digital Face of Islamic Finance
When you throw into the mix Dubai's hunger for fintech and digitization, OneGram has all of these and similar qualities. OneGram is the first ever Islamic cryptocurrency backed with physical gold. Dubai is also associated with record breaking, and ...
Ethereum value boosted after increasing interest from major players
In a previous post, we discussed on the possibility of a flippening. The term describes a situation where bitcoin and Ethereum market capitalizations equal each other. At that time, the main argument for the flippening depended on bitcoin's ...
Blockchain and the Birth of a New Financial Instrument
The Emirates Islamic Bank's announcement last week that it was planning to integrate blockchain technology with paper checks may have left many pondering the incongruity: Why waste such a modern invention on such a traditional payment method? Aren't ...
AvaTrade Launches New Tradable Cryptocurrency Pairs
The allure of cryptocurrencies appears to be their high volatility, as well as the ability of their value to soar to new highs even when other markets are not volatile. About two weeks ago, Finance Magnates covered the Bitcoin versus the dollar ...