Blockchain News

The Life of Litecoin Without Lee
Crypto traders can be a fickle bunch as last month's hero can quickly become this month's zero. Altcoins can go out of favor just as fast as they came into it and can rapidly slide down the market capacity charts in favor of a shiny new contender. One ...
Indian State Partners With Fund To Launch Blockchain Ecosystem
Andhra Pradesh, an Indian state known for its efforts in exploring blockchain applications, is furthering that goal with a new agreement with a local fund firm. According to a Tweet by the state's government, Andhra Pradesh has signed a Memorandum of ...
Why Bitcoin is taken more seriously than Dogecoin
As Bitcoin loses value, it may seem like it's just as useful as the cryptocurrency invented for a joke - Dogecoin. But there are genuine differences between these cryptocurrencies, and it's not just because one is “much currency, such volatility ...
Commodities trader Louis Dreyfus turns to blockchain
Louis Dreyfus Co, a leading agricultural commodities trader, and a group of financing banks have completed the first agricultural deal using blockchain in a further sign that the digital technology is set to change the way raw materials are bought and ...
35 Amazing Real World Examples Of How Blockchain Is Changing Our World
Bank Hapoalim – A collaboration between the Israeli bank and Microsoft to create a blockchain system for managing bank guarantees. Barclays – Barclays has launched a number of blockchain initiatives involving tracking financial transactions, compliance ...
How Nigerians Beat Bitcoin Scams
Depending on your feelings about Bitcoin, it may seem appropriate that Nigeria's love for the cryptocurrency began with a scam. Mavrodi Mondial Moneybox (MMM), a 30-year-long global Ponzi scheme that began in Russia, roped in millions of Nigerians from ...
Ethereum Price Technical Analysis – ETH/USD Testing $1000 Support
ETH price traded as high as $1151 before starting a downside correction against the US Dollar. There is a short-term bearish trend line forming with resistance at $1050 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently ...
BENITEZ | The Real Cost of Bitcoin
Bitcoin mining consumed nearly one percent of the United States' electricity last year. Globally, Bitcoin's estimated yearly power usage is greater than that of Ireland, or 30 times more than that of Tesla vehicles. Considering this, one wonders ...
Bitcoin Price Analysis - Healthy pullback
Bitcoin (BTC) continues to be highly volatile. Having ranged over 30% in the past week, the cryptocurrency was, at one point, down 56% from all time highs. The BTC market cap now stands at US$190 Billion, with just over US$5 Billion traded in the past ...
More than Half of Russians Know About Bitcoin Now
The number of knowledgeable respondents rises to 66% of active internet users. The awareness among young Russians has reached 75% (18 to 24-years-olds), and 71% of all men know about bitcoin. 74% of the residents of the capital Moscow and the second ...
NVIDIA Asks Retailers to Sell Graphics Cards to Gamers Over Cryptocurrency Miners
Despite the cryptocurrency market's recent drop, cryptocurrency miners are still able to produce a sizeable profit. In 2017 the global cryptocurrency market grew at an exceptional rate and this also caused a huge spike in cryptocurrency miners ...
Cryptocurrency Culture Pushes Ahead In Cambodia, Despite Distrust From National Bank
The developer mined “a lot of bitcoin” not long after the cryptocurrency was released in 2009, but he lost all the money he might have gained in a simple mistake: failing to backup the coins. Now that a growing number of Cambodians are buying into ...
Blockchain Centre formalises incubator program
The Blockchain Centre in Melbourne has launched a formal blockchain incubator program, said to be the state's first. The not-for-profit had been running a non-structured incubator – giving rise to the start-ups ACX, Coinstop, Daexs, Global BTC and ...
Bitcoin Price Bubble Could Last 100 Years, Says Yale Economist
When it comes to the future of cryptocurrencies, even Nobel Laureate, Ivy League professors aren't quite sure what to say. (See also: Bitcoin Price Falls Into Correction Territory.) According to a report by Coin Telegraph, Yale University economics ...
First Bitcoin Futures Contract Expired at $10900
Cryptocurrency enthusiasts took the decision by the Chicago Board Options Exchange (CBOE) to launch bitcoin futures contracts in mid-December of 2017 as a largely positive sign for the leading digital currency by market cap. Bitcoin had already ...
Cryptocurrency Markets Aren't All the Same
There are two other broad categories of cryptocurrency among the biggest "altcoins": Those launched by platforms designed for "smart contracts" and initial coin offerings (Ethereum, NEO, NEM, EOS) and those "minted" by projects working on blockchain ...
There Is Nothing Virtual About Bitcoin's Energy Appetite
The total network of computers plugged into the Bitcoin network consumes as much energy each day as some medium-size countries — which country depends on whose estimates you believe. And the network supporting Ethereum, the second-most valuable ...
90% of bitcoin's value could get wiped out, Wall Street veteran Peter Boockvar warns
That's where bitcoin, the largest cryptocurrency player, was trading less than 12 months ago. Friday afternoon it was trading above $11,000. Boockvar sees the collapse coming in tandem as interest rates rise around the globe. He blames central banks ...
Ethereum's Blockchain Hitches a Ride to Space
But thanks to a three-year grant worth $330,000 from NASA, University of Akron (UA) Assistant Professor Jin Wei Kocsis will research how to overcome these issues by helping such spacecraft operate independently, without the need for human intervention ...
Australia in front on cryptocurrency regulation
This is in stark contrast to the general suspicion and confusion among other world regulators, including the occasional fruitless attempt to impose a ban. It looks rather like Australia's no-nonsense, practical approach will lead to a flourishing of ...
Judgement Day! Conspiracy Group Claims Bitcoin Created by Rogue AI
Prowl the dark corners of the internet and you'll stumble across some pretty wild ramblings. The net has allowed people who once had their opinions confined to friends and family the ability to broadcast their beliefs to the entire world. The world of ...
How blockchain is strengthening tuna traceability to combat illegal fishing
In a significant development for global fisheries, blockchain technology is now being used to improve tuna traceability to help stop illegal and unsustainable fishing practices in the Pacific Islands tuna industry. The World Wildlife Fund (WWF) in ...
US Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday
U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday Weiss Ratings, a U.S. independent rating agency, had announced that it will issue letter grades on cryptocurrencies, to be released Wednesday January 24. Beyond market leader ...
Could The SEC Kill Cryptocurrency Funds?
Chuck Jones , Contributor I cover technology companies, worldwide economies and the stock market Opinions expressed by Forbes Contributors are their own. The U.S. Securities and Exchange Commission, or SEC, has become more visible about ...
IMF Calls for Global Coordination on Potential Bitcoin Regulation
While a significant percentage of these purchases are most likely tied to bitcoin purchase services like Simplex, which only accept credit card payments, a recent survey found that 20 percent of people who had purchased cryptocurrency on credit had yet ...
This week's Bitcoin Atom fork: A quick primer
Bitcoin Atom, an ambitious Bitcoin fork due to come into existence within the next few days, plans to solve a substantial problem in the cryptocurrency world. The project will use atomic swaps to allow users to exchange tokens at absolutely minimal ...
CFTC Slaps Fraud Charges on Three Cryptocurrency Entrepreneurs and Companies
It is never good to see the U.S. Commodity Futures Trading Commission go after virtual currency operators. This is especially true when the charges revolve around defrauding customers. Even though interest in cryptocurrencies has soared recently, there ...
Venezuela is trying to float its own cryptocurrency to save a sinking economy—but investors aren't believing the ...
Venezuela is trying to float its own cryptocurrency to save a sinking economy—but investors aren't believing the ...
The Next Bitcoin: Buy Ethereum Now or Wait?
Bitcoin is the entry point for those who are unaware of what cryptocurrency is but just heard of its growth and great earning potential for traders and investors. By the next stage, when a person is already familiar with the concept of cryptocurrency ...
Diversifying the blockchain
“The consensus is that because blockchain is so niche and it's mostly early adopters who come from tech and finance, that it's actually less diverse than those industries that are already struggling to be representative of the population at large ...
Bitcoin Hurt By Lack Of Viable Pricing Model And The Ghostbusters Stairs Syndrome
This brings us to Bitcoin: How does one determine the intrinsic value of Bitcoin by fundamental analysis? It is here that you have to realize what Bitcoin really is, which is what is known as a payment system. The Bitcoins themselves are, distilled to ...
New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges
US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange hacking attacks and security breaches. In a report entitled “North Korea Targeted South ...
The Cryptocurrency Rush: How to Avoid Being in the Red with Proper Information
Like many who have been in crytpo long enough, I was starting to get worried about the irrational buying around Thanksgiving and the holidays. It was getting out of hand, and the mainstream media (I'm looking at you CNBC) wasn't helping as they kept ...
Blockchain Launches Bitcoin Selling Service in 22 US States
Bitcoin enthusiasts living in the United States have multiple options at their disposal for buying and selling cryptocurrencies. Even so, there is still plenty of room for future improvements and competing services. Blockchain, the renowned Bitcoin ...
Trade Recommendation: Litecoin
If the price breaks the resistance zone formed by the downtrend line and the resistance level, it will give us a signal confirming further upward movement. MACD supports buying and we can place pending orders at 0.016600 level with stop orders at 0 ...
Bitcoin Price Struggles to Remain Above $12000 Once Again
As is usually the case during the weekend, there is very little exciting news to report on when it comes to cryptocurrency prices. Everything is in the red once again, as Bitcoin struggles to find table support above $12,000. With a Bitcoin price of !1 ...
The Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin, And Other Cryptocurrencies
There have been better days and worse days for Bitcoin, Ethereum, Ripple, Litecoin, and other cryptocurrencies. The better days were back in November and December when a “virtuous” rotation helped spread the rally from Bitcoin to other cryptocurrencies ...
Surprise! This Company Holds the Most Blockchain Patents
So, which companies currently hold the most blockchain patents? For that answer we turn to a recently released analysis from Envision IP, a New York-based law firm specializing in intellectual property. According to its analysis, 1,045 patents or ...
Zcash Hits 24 Hour Trading Volume of $112.64 Million (ZEC)
Zcash logo Zcash (CURRENCY:ZEC) traded 7.7% lower against the US dollar during the 1 day period ending at 9:00 AM Eastern on January 21st. Zcash has a market cap of $1.57 billion and approximately $112.64 million worth of Zcash was traded on exchanges ...
Bitcoin price: BTC plummets as Indian banks shut down cryptocurrency trading accounts
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