Venezuela’s economic situation has been steadily declining in the past few years, bringing Venezuelans to turn to cryptocurrencies. According to VeneBloc data, the bolivar-to-bitcoin market recently reached a new record, as the equivalent of $1.009 million in bolivars were exchanged for bitcoin on April 17. VeneBloc tracks transactions made on peer-to-peer exchange LocalBitcoins on the […]
Ether Capital is seeking to become a major player in the ethereum ecosystem by investing in startups and holding large amounts of the token.
The key price point for Bitcoin mining profitability is $8,600, according to Morgan Stanley Equity Analyst Charlie Chan and his team. As per their simulation, if the coin can’t recover $8,600 soon, many Bitcoin miners will likely find it unprofitable to keep creating the cryptocurrency. Bitcoin Mining Profitability As of today, Bitcoin is trading at almost $8,250 […]
Richard Bernstein isn’t building any bridges with the cryptocurrency community. The head of the Wall Street research firm that bears his name said in a note to clients today that there’s little difference between cryptocurrencies and the virtual currencies you earn with internet games like Candy Crush, according to a report on Bloomberg. CryptoKitties might not […]
One of the few cypherpunks in a room full dominated by financial services, Szabo urged blockchain developers not to forget about decentralization.
We need to see some fundamentals to jolt altcoin price action today. Should there be further gains say in Bitcoin and EOS, they are lagging behind, prices could explode. As statistics shows, Stellar Lumens is spearheading this week’s gain with an impressive 66 percent gain while IOTA is following closely at 43 percent. Even though […]
Early cryptocurrency investor and ardent Bitcoin Cash supporter Roger Ver is known for using his social media presence to stir the pot, and he lived up to that reputation this week. Ver, who owns Bitcoin.com and has signed on to the “Bitcoin Cash is Bitcoin” movement, offered to pay Reddit a bribe if the social […]
Seeking exemptions from federal oversight that they believe will slow growth of the cryptocurrency space, industry groups are forming in attempts to lobby agencies like the Securities and Exchange Commission (SEC) for limited interference. The groups are worried that policies in Washington could slow the innovation of blockchain-based technologies that underpin cryptocurrencies, as well as […]
A pair of Walmart patent applications discuss encrypting payment information using a blockchain.
Bitfury was one of the first companies built around the process of bitcoin mining, but the startup also now works on private blockchain software. Some would assume this might have a negative impact on the bitcoin-focused aspects of their business. But, while it’s true that the development of private, permissioned ledger systems means there could […]