While working on a number of Bitcoin projects, a 19-year-old programmer from Toronto, Vitalik Buterin, conceived the idea for Ethereum. Ethereum was intended to be a robust platform that allows developers to build blockchain applications. Buterin was inspired by some of the shortcomings he faced when trying to build applications on the Bitcoin blockchain. He […]
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. ICOs are a relatively new phenomenon but have […]
Analysts at Goldman Sachs are advising clients to stay abreast of developments in the cryptocurrency sector – even if they don’t plan on investing.
In case you hadn’t noticed, ETH-USD markets have been on a very strong bull run for the past week. In a matter of five days, ETH-USD managed to increase by $100 — nearly a 50 percent market value increase — with very little pullback or consolidation. After ETH-USD’s multi-week-long bear run from $420 to the […]
There are two bitcoins now? It’s safe to say uncertainty cast a pall over the cryptocurrency markets last week when on August 1, a group of developers and miners split the blockchain and created a new cryptocurrency. It was the first (high-profile) bitcoin fork to date, and in response, the price very well could have entered a […]
European cryptocurrency exchange Bitstamp will launch new trading pairs for ether next week.
On June 22, Bitcoin Magazine reported that Antshares was embarking on a new rebranding strategy as part of its effort to lead blockchain development in China and around the world. Now, on August 8, NEO Blockchain, China’s first original public chain project, has announced the completion of rebranding efforts from its former Antshares identity. Furthermore, […]
Segregated Witness (SegWit), the highly anticipated protocol upgrade proposed by the Bitcoin Core development team, just reached the point of no return for lock in. This means that SegWit will be live on the Bitcoin network in a little more than two weeks from now. “It’s been a long and hard process, but we’ve learned […]
The post What are Altcoins and ICOs – Bitcoin Whiteboard Tuesday appeared first on 99 Bitcoins. Today’s topic is altcoins and ICOs. In this episode, we’re going to go over some of the different cryptocurrencies out there and explain what are ICOs. So let’s get started! Altcoins, or alts in short, are cryptocurrencies that […]
Remember that time I said BTC-USD likely won’t see a new all time high (ATH) any time soon? Looks like I was wrong. Shortly after posting my previous BTC-USD analysis, in a matter of one hour, the price of BTC-USD not only broke its record high, but it surpassed it by $200 after ultimately settling […]