• After a noteworthy rally over the past couple of weeks, Bitcoin price and the cryptocurrency market made a sharp and fast corrective move on Tuesday night and all day Wednesday. eToro’s senior market analyst, Mati Greenspan, thinks he knows the reason why. Panic Selling or Profit Taking? Bitcoin and the bunch have finally put in a higher high, with a higher low also in the forecast — but what, exactly, stopped the market’s bull run

    Senior Market Analyst: Here’s What Caused The Bitcoin Price Pullback

    | 2018/04/26 11:00 am
  • Bitstamp — a popular Luxembourg-based bitcoin exchange and the oldest bitcoin exchange still standing — is apparently close to finalizing a deal for the sale of the company to a South Korean gaming company. A Major Acquisition The information comes from three unnamed individuals with insider knowledge of the matter, two of which informed Business Insider that Nexon is the probable purchaser. The individuals also claimed the two companies are in the process of solidifying the

    Bitstamp Reportedly Up For Sale to South Korean Gaming Company

    | 2018/04/26 9:00 am
  • Adena Friedman, the CEO of Nasdaq says the company is interested in becoming a cryptocurrency exchange platform. Nasdaq is the second-largest stock exchange in the world in terms of market capitalization. The company is the latest in a slew of institutional investors looking to enter the burgeoning cryptocurrency market. Properly Assessing the Cryptocurrency Landscape The Nasdaq CEO said that the company would consider creating its own cryptocurrency exchange service in the future. She made this

    Nasdaq Eyes Becoming a Cryptocurrency Exchange Platform

    | 2018/04/26 7:00 am
  • The term ‘first-time-ever’ may not be the first thing that pops into your mind when thinking about a brothel. However, the Moonlite Bunny Ranch in Nevada could definitely claim the term as it recently accepted its first Bitcoin payment. One of the benefits of Bitcoin is that it offers a high-level of anonymity and even though prostitution is legal in the US state of Nevada, paying customers might not want evidence of it in the

    Brothel Goes All the Way and Accepts Its First Bitcoin Payment

    | 2018/04/26 5:00 am
  • We might get a rare chance to take a glimpse behind the curtains as a legal dispute shapes up between Zhao Changpeng, the founder of Binance, and a unit of Sequoia Capital. The parties are arguing over a funding deal which has supposedly gone awry.   Founded less than 10 months ago, Binance has grown to become the world’s largest cryptocurrency exchange by measure of its 24-hour trade volume. The platform’s meteoric rise has become

    Binance’s Founder Squares Off Against Sequoia Capital in Legal Dispute

    | 2018/04/26 3:00 am
  • Have you heard? Bitcoin is back — and with it, altcoins have been surging. But what’s driving the renewed bullish sentiment? The Storm is Over As of Wednesday morning, things are looking healthy in the greater cryptocurrency market. At the time of this writing, Bitcoin is currently holding above the $9000 level, while the majority of altcoins — which all enjoyed significant run-ups over the past couple of weeks — are finally experiencing a much-needed

    3 Reasons Why Bitcoin and Its Brethren Are Back

    | 2018/04/26 1:30 am
  • Will a 6% drop in bitcoin price hamper the current rally which has produced a 35% gain since March 3rd? Highlights April continues to amaze but after an impressive rally, Bitcoin and other majors showed signs of bearish exhaustion as the market became overbought after topping out at $9,767 today. Daily Chart As predicted BTC met stiff resistance near the 200-day MA ($9800) and while today’s pullback is mildly disconcerting, the longterm set up for

    Bitcoin Price Analysis: Are Sellers Hodling or Folding?

    | 2018/04/25 9:30 pm
  • Bitcoin pioneer Nick Szabo said cryptocurrency should make four “most important improvements” in the coming years as Bitcoin’s fortunes reverse this month. Spotlight On Technical Robustness In several tweets April 24, the renowned cryptocurrency figure identified “more secure storage,” decentralized exchanges, second-layer technology such as the Lightning Network and privacy as top priorities for the industry. His ideas come as the consumer sphere related to cryptocurrency continues to face scrutiny of its technical robustness. Despite

    Nick Szabo: 3 Things Bitcoin Needs to Improve

    | 2018/04/25 7:00 pm
  • The 16 registered cryptocurrency exchange services in Japan have come together to form the Japan Cryptocurrency Exchange Association (JCEA). This is according to a report by Asahi Shimbun, a local news outlet in Japan. The JCEA will be responsible for the self-regulation of Japanese cryptocurrency exchange platforms. The JCEA Taizen Okuyama is the chairman of the JCEA. He is the CEO of Money Partners, a forex firm which recently entered into the cryptocurrency exchange market

    Japanese Crypto Exchanges Launch Self-Regulatory Body

    | 2018/04/25 2:00 pm
  • OKEx – a popular digital asset trading platform which provides fiat-to-cryptocurrency, cryptocurrency-to-cryptocurrency, and derivatives trading services – has suspended the deposit of all ERC-20 tokens after discovering a smart contract bug. Pending deposits are reportedly safe, however. Squashing Bugs The bug in question purportedly allows attackers to more easily manipulate price on the platform. Therefore, to protect market integrity on the platform, OKEx has stopped the flow of incoming ERC-20 tokens. In an official blog

    Smart Contracts Act Dumb as OKEx Suspends ERC-20 Token Deposits

    | 2018/04/25 12:30 pm
  • Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market. Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.” Attending were a

    82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

    | 2018/04/25 11:00 am
  • Analysts seem to anticipate another Bitcoin “price explosion” that may even lead to its value surpassing the 2017 all-time highs. Positive price predictions are raining like cats and dogs as buy orders now comprise a major part of the market’s activity. At the time of press, April 25th, Bitcoin is trading at $9,385.69, marking a 1.63% increase in the last 24 hours alone. At the same time, buy orders comprise around 88% of the market’s

    Analysts Predict Upcoming Bitcoin ‘Price Explosion’

    | 2018/04/25 9:00 am
  • The former Soviet Republic of Georgia is positioning itself as one of the leading countries in the cryptos space and is now ranked second in the world for cryptocurrency mining after China. This has been the result of the country’s electricity subsidies and fair regulation. Powered by an Accommodating State Despite its obvious economic benefits, cryptocurrency mining has always been scrutinized by would-be investors because of its huge energy requirements. This actually reduces its value

    Republic of Georgia Emerges as a Global Leader in Cryptocurrency Mining

    | 2018/04/25 7:00 am
  • As financial institutions’ interest in trading cryptocurrencies explodes, Andreessen Horowitz is leading a group of influential venture capitalists to protect cryptocurrencies from being classified as securities. Moreover, Horowitz is accelerating the launch of a dedicated crypto asset fund. The Venture Capital Working Group Is Fighting For Cryptocurrencies An increasing number of finance firms are considering joining the crypto bandwagon to start trading Bitcoin and other cryptocurrencies within the next few months. Specifically, a Thompson Reuters

    Andreessen Horowitz Leads the Fight to Prevent SEC From Classifying Bitcoin as Security

    | 2018/04/25 5:30 am
  • Francois Villeroy de Galhau, governor of the Bank of France and policymaker at the European Central Bank (ECB), has said new laws are needed to target cryptocurrency exchanges. De Galhau: We ‘Should Work On’ Exchanges Speaking at the City Week banking conference in London April 24, de Galhau, who has gone on record to make some curious claims about cryptocurrency in the past, appeared to choose the industry as a specific point of interest. “In

    Bank Of France Governor: ECB Should Focus On Crypto Exchanges

    | 2018/04/25 4:00 am
  • As interest in cryptocurrencies continues, so does FOMO. Mining is one way to get in on the action, but some cities aren’t taking too kindly to the high power consumption that goes along with it. Cryptocurrency is a billion-dollar industry, increasing in worth the greener the markets get. Mining is an essential part of this industry and offers cryptocurrency miners a chance to be a part of the crypto revolution. In addition to the right computer

    Crypto Mining Becoming a Concern in Some US Cities

    | 2018/04/25 1:00 am
  • How many financial firms are looking to get involved with cryptocurrency? Twenty percent, according to an industry poll conducted by Thomson Reuters — and that’s likely just the start. The Herd is Approaching A survey by Canadian multinational mass media and information firm Thomson Reuters found that 20 percent of its more than 400 clients are considering making a concerted push into the cryptocurrency market within the next half year. Neill Penney, the co-head of

    ‘All Hell Will Break Loose’: 1 in 5 Financial Firms Ready to Enter Crypto Market

    | 2018/04/24 11:30 pm
  • March this year saw the US city of Atlanta faced with a ransomware attack. Even though the hackers didn’t get away with their $50k in bitcoins, the city did pay over $2.6 million to ensure that they won’t be vulnerable to a similar threat again. As we move towards a paperless society, governments rely more and more on online systems to make processes easier for themselves and the rest of the citizens. Cryptocurrencies are another

    Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade

    | 2018/04/24 10:00 pm
  • The Russian government has demanded lawmakers make several alterations to the country’s forthcoming cryptocurrency regulation before it becomes law in July. Tax, Foreign Investment In Spotlight A summary of comments made after the first reading of bill 419059-7, ‘On Digital Financial Assets,’ shows the Kremlin eager to enshrine foreign investor access to future Russian token releases, as well as produce clear tax obligations for cryptocurrency holdings from the outset. “Given that tax obligations for digital

    Russia: Gov’t Demands Major Revisions To Proposed Cryptocurrency Laws

    | 2018/04/24 8:30 pm
  • Speaking at the Sohn Investment Conference on Monday, April 23rd, John Pfeffer, serial entrepreneur, investor, and currently a partner at Pfeffer Capital, declared that Bitcoin is the first viable replacement for gold. In a statement that would make even the feet of David Drake twirl with delight, John Pfeffer said that his anticipation is for Bitcoin’s price to rise to at least $90,000 or ‘significantly higher.’ At the time of writing, the cryptocurrency is trading

    Investor Says Bitcoin is the ‘First Viable Replacement For Gold’

    | 2018/04/24 1:00 pm
  • Goldman Sachs has had its feelers in the cryptocurrency waters for a while. Now, the Wall Street giant looks set to take the plunge, having just hired a cryptocurrency trader to help the company expand into digital asset markets. High Profile Hire With Bitcoin looking rather bullish once more, Goldman Sachs is getting serious about cryptocurrency. Goldman Sachs has hired former trader Justin Schmidt to head the multinational investment bank’s and financial services company’s digital

    Goldman Sachs Hires Crypto Trader ‘In Response to Client Interest’

    | 2018/04/24 11:00 am
  • The combined cryptocurrency market cap has passed $400 million again for the first time since March 8 as Bitcoin price soars to multi-week highs. Bitcoin Price Bulls Are Back Data from major exchanges and Coinmarketcap shows that as of press time April 24, the implied value of all tracked assets has reached $421 million. Building on its latest uptick which began Friday, Bitcoin reached further highs of $9280 Tuesday, managing to find support at the

    Bitcoin Price Blasts Past $9K Driving Crypto Market Cap Over $420B

    | 2018/04/24 7:00 am
  • In what one senior analyst calls a struggle “to remain relevant,” Bitcoin Cash (BCH) has been burning $12 worth of its own supply every day — hoping the increased scarcity will help in its fight against its dominant competitor, Bitcoin (BTC). ‘Purely a PR game’ Bitcoin Cash (BCH), a hard-forked cryptocurrency meant to solve Bitcoin’s (BTC) scalability issues, is up 100 percent against the USD in the last seven days. Trading against rival BTC, BCH

    Bitcoin Cash Burning $12 Per Day While ‘Struggling to Remain Relevant’

    | 2018/04/24 5:15 am