Price Poor Metric to Judge Bitcoin, Says CoinShares

Price Poor Metric to Judge Bitcoin, Says CoinShares

Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone. Demirors offered that actual utilization may be a better alternative metric for institutional and retail investors to consider, which she put down as the real struggle right now. Although […]

China Releases Blockchain Guidebook for Bureaucrats

China Releases Blockchain Guidebook for Bureaucrats as Global Blockchain Education Expands

The Communist Party of China (CPC) has published a blockchain guidebook that observes the technology’s key features scientifically, the origins and future applications, as well as approaching challenges. An official’s guidebook The publication was announced on 13 August in a press release on the CPC website. The book, ‘Blockchain – A guide for Officials’, covers […]

Bitcoin Is Better Than Gold

Bitcoin Is Better Than Gold

With the increasingly frequent comparisons of Bitcoin to gold, both as a store of value and a means of transferring value as a form of payment, traditional investors are now weighing in on the advantages of the world’s most popular cryptocurrency. Is Bitcoin superior to gold for use as a currency? The standard Gold is […]

Spanish Political Coalition Calls for Regulatory Body to Explore Crypto

Spanish Political Coalition Calls for Regulatory Body to Explore Crypto

Spanish coalition party Unidos Podemos is proposing a body to oversee the implementation of blockchain technology and crypto regulation in the country. The coalition formed from left-wing parties Podemos, United Left, Equo and smaller parties has suggested the move in order to study the benefits of blockchain and implement its use in public administration in […]

Square Cash on Track to Become Coinbase Competitor

Square Cash on Track to Become Coinbase Competitor

Square Cash appears to have what it takes to become a serious competitor to Coinbase, with Bitcoin buying and selling service now available across the entire United States for the first time. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August […]

Academia in China Receive Millions for Blockchain, E-Payment, AI Research

Chinese Academia Receive Millions for Blockchain, E-Payment, AI Research

More funding is being pumped into the blockchain infrastructure in China as four universities are receiving a grant for an interdisciplinary research effort to examine artificial intelligence (AI), enhancing the security of electronic payment systems and blockchain technology applications. Collaboration The Hong Kong University of Science and Technology (HKUST) Business School has partnered with the […]

Ethereum Declining Rapidly Relative to Bitcoin

Ethereum Declining Rapidly Relative to Bitcoin

After enjoying a year of popularity for its smart contract functionality, Ethereum has seen a rapid general decline relative to Bitcoin, with a dominance percentage hovering at 14% and dropping, while Bitcoin’s is at 54% and rising. It has been the second most popular cryptocurrency since 2017. For a brief time in June 2017 it […]

10-Year Token Payment Delay Show Rare Developer Commitment

Nebulas ICO Team Prove Determination with 10-Year Token Payment Delay

Beijing-based startup Nebulas has made the decision to postpone the initial coin offering (ICO) team’s token payments. They added an additional seven years to prove their determination for the company’s success, in a rare case of altruism for the lambasted industry. The ICO team were initially planned to be paid through reserves of the startup’s […]

China’s IT Ministry Focuses on Blockchain for Data Security

China's IT Ministry Focuses on Blockchain for Data Security

The Chinese Ministry of Industry and Information Technology (MIIT) has listed a blockchain research laboratory in its list of key labs for the year, published by the government department on Monday. The MIIT is looking to accelerate blockchain adoption by building a strong ecosystem to support a variety of industry sectors and the expansion of the […]

Crypto Hedge Funds Face Tax Uncertainty

Crypto Hedge Funds Face Tax Uncertainty

With US government scrutiny focusing in on cryptocurrencies, hedge funds face tense uncertainty due to the unclear tax regulations regarding digital currency assets. Trying to play by the rules With billions of dollars on the line, cryptocurrency hedge fund managers face a challenge when trying to fully comply with tax laws just as individual investors […]