Futures Launch Added to 2017 Bitcoin Slump, Says Fed

Futures Launch Added to 2017 Bitcoin Slump, Says Fed

Three Federal Reserve Bank of San Francisco researchers and a finance professor from Stanford University are in agreement that it was the marketplace futures launch in 2017 which gave rise to the dramatic slump in the price of bitcoin, according to Coindesk. The Federal Reserve paper describes Bitcoin’s December 2017 fall from a USD 20,000 […]

Brian Kelly Still Bullish About Bitcoin Climbing

Brian Kelly Still Bullish About Bitcoin Climbing

Comments made by BKCM founder Brian Kelly last week, when Bitcoin officially crossed the USD 10,000 line before its subsequent drop, suggested that there were three clear factors that would determine the coin’s next big rally, according to CCN. The Goldman Sachs factor Kelly sees the next support levels after USD 10,000 as USD 12,000 […]

Reddit to Resume Crypto Payments via Coinbase Commerce

Reddit to Resume Crypto Payments via Coinbase Commerce

Reddit, one of the biggest social media communities, is looking to re-establish cryptocurrency payments through Coinbase’s commerce platform. Users will be able to pay for the gold membership using Bitcoin and a variety of altcoins such as Bitcoin Cash, Ethereum, and Litecoin. Reddit had previously accepted Bitcoin payments and was an early adopter of the payment method, working with Coinbase […]

Binance CEO Firmly Believes in ICOs as Answer to Venture Capitalism

Binance CEO Firmly Believes in ICOs as Answer to Venture Capitalism

The CEO of cryptocurrency trading platform Binance has made a positive case for initial coin offerings (ICOs). In a recent blog post, Changpeng Zhao argues that the digital crowdfunding method adopted at large by blockchain startups are “not just good-to-have”, but necessary. Out with the old At the crux of the blog post is a […]

Global Conference Fireworks Over Crypto

Global Conference Fireworks Over Crypto

A recent panel discussion at the Milken Institute Global Conference in Beverly Hills became heated when panelists aired their conflicting views on the future of cryptocurrency. Every seat in the conference auditorium was filled for the discussion which included United States Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, economist Nouriel Roubini, and Commissioner at the […]

Websites Hit by Latest Wave of Cryptojacking

Websites Hit by Latest Wave of Cryptojacking

The website ‘Bad Packets Report’ has released a list of some 300 sites that have been compromised by “cryptojacking”, including Chinese hardware maker Lenevo. Coindesk reports that the site’s security adviser, Troy Mursch, wrote last week that the compromised sites had been infected by hackers installing a browser mining software which exploited an outdated version […]

Circle Invest Adds Monero Functionality

Circle Invest Adds Monero Functionality

Investing app Circle Invest has announced that it is adding Monero (XMR) to its list of supported cryptocurrencies. Currently, it includes functionality for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), and Zcash (ZEC). Circle allows for instant buying and selling directly connected to user bank accounts. Monero has a market cap of […]

Microsoft Azure Releases Tool for Blockchain App Development

Microsoft Azure Releases Tool for Blockchain App Development

Microsoft has released the Blockchain Workbench on its Azure cloud computing platform, which promises to streamline blockchain-based application development. One of the most popular cloud computing services; it provides web developers and programmers numerous different types of servers, computers and databases for rent. Since the beginning of cryptocurrency, people have used cloud computing platforms like […]

Stephen Curry Becomes First Celebrity CryptoKitty

Stephen Curry Becomes First Celebrity CryptoKitty

National Basketball Association (NBA) superstar Stephen Curry of the Golden State Warriors, considered the best shooter in history by many players and analysts, has become the first celebrity to team up with popular Ethereum-based game CryptoKitties. Three different CryptoKitties based on Stephen Curry have been developed, dubbed CurryKitties. In honor of the release, 10 highly-coveted CryptoKitties […]

Bitcoin Price Analysis, 7th May 2018: Bitcoin Prices Fall Below $9,500

Bitcoin Price Analysis, 7th May 2018

Today’s trading session didn’t prove to hold a positive outlook for traders in Bitcoin markets. While markets are continuing to experience above-average trading volumes, a bearish breakout was the deciding factor in the day’s price movements. It appears as though the sentiment that had Bitcoin traders hopeful of USD 10,000 levels is now being squashed down. […]