Bitcoin Set For A Bullish Break
Moving into Q2 of 2018, Bitcoin is off to a bullish break as of 12 April. The welcome respite saw Bitcoin’s price rise in excess of USD 1,000 at about 11am UTC (Coindesk). If this momentum continues, it will be in line with bullish patterns of prior years during Q2. Bearish trends so far Cryptocurrencies […]
Bitcoin Bounces Back Increasing $1,000 in One Hour, Sets $1.2B Trading Volume Record
Bitcoin has bounced back after a bumpy ride over the last few months. Prices surged upward in a steep motion today, showing an increase of over USD 1,000 in only an hour’s span of time according to data pulled from bitcoinity.org. The flurry of trade also set a new hourly record of Bitcoin trading volume, with […]
UK Study: Every Fifth Adult Would Buy Bitcoin, 1 in 10 Small Businesses Accept Crypto
A survey of over 1,000 adults in the UK has revealed that one in five who have never owned cryptocurrency would consider buying cryptocurrencies within the next three years. Communications agency Citigate Dewe Rogerson surveyed adults in the UK and came up with some rather interesting numbers, with the reasons cited behind the figures echoing prevailing […]
Illegal Russian Miners Charged With $1M Power Theft
Russian police have arrested two illegal cryptocurrency miners after a police raid on Thursday. According to Russian media reports, more than 6,000 pieces of mining equipment were found at the site, an abandoned rubber factory in Orenburg, 1,478 kilometers southeast of Moscow near the Russian border with Kazakhstan. Russian ministry of internal affairs spokesperson, Irina […]
ATB Financial to Service Blockchain and Crypto Startups in Canada
Canadian financial institution ATB Financial has established an office of innovation in Alberta, with the objective of assisting startups, including in the blockchain and cryptocurrency sectors. Mike Brown, the innovation director of ATB Financial, gave an interview to Bitcoin Magazine, speaking about his ambitions for the institution. Brown acknowledged the difficulties blockchain and cryptocurrency enterprises face when looking […]
€100K Prize to Be Won at EU Blockchain Hackathon
The European Union (EU) is offering a EUR 100,000 prize to the winning team of an upcoming blockchain hackathon. The event is scheduled to take place June this year in Brussels, jointly held by the European Commission, the European Union Intellectual Property Office (EUIPO) and its Observatory on Infringements of Intellectual Property Rights. Participants will compete to develop the […]
Brazil University to Launch Bitcoin Masters Program
Sao Paulo university Fundacao Getulio Vargas (FGV) has announced that it is to offer a Masters Degree in Cryptofinance as part of its program in order to “prepare students for the coming era of digital currencies”. FGV’s new Masters’ program is a reflection of Brazil’s forward thinking approach to new developments in the financial global market. […]
Analyst Mati Greenspan Remains Bullish on Bitcoin as Wall St Builds Blockchain “Bridge”
In a recent Bloomberg broadcast, Mati Greenspan, eToro senior market analyst, saw positive signs for cryptocurrency, saying that the market was about to receive a new flow of liquidity from Wall Street. Among many issues faced, volatility may not be one that Wall Street giants are used to but Greenspan says it has been in a […]
Bitcoin a Response to Traditional Banking Failings, Says Ex-Goldman Sachs Analyst Bernstein
Ex-Goldman Sachs economist and founder of Tetras Capital, Brendan Bernstein, recently spoke out on his belief that not only is Bitcoin not a bubble but it is, in fact, a response to the bubble created by traditional banking. Bernstein asserted his case via a series of Tweets on Tuesday, where he focused on financial history since […]
JPMorgan Chase Faces $1 Million Class Action Over Crypto Fees
A lawsuit has been filed on JPMorgan Chase and Co in a Manhattan Federal court accusing the bank of overcharging clients who purchased cryptocurrencies using their credit cards. In January, JPMorgan Chase prohibited the buying of cryptocurrencies using credit cards and levied extra charges, treating the purchases as cash advances. Customer and Idaho resident Brady […]
