Bitcoin Price Ranges; Awaiting Breakout

In this morning’s bitcoin price watch piece, we focused on the volatility we had seen throughout the Asian session last night. We noted that we would trade the range formed in the bitcoin price initially, but do so in anticipation of a larger, more pronounced move a little later on this evening. Action has now […]

PAINFUL: Two Cryptocurrency Exchanges Shut Down in 48 Hours!

In what could be termed as a major setback for the virtual currency industry, two cryptocurrency exchanges, namely Bitstake and Yacuna, have pulled down their shutters in the last two days. In its last press note, Yacuna said that while Bitcoin remained a wonderful technology and that they were proud to be one of the […]

Blockstream to Launch First, Instant-Settlement Sidechain for Bitcoin Exchanges

Blockstream has announced it will launch its first commercial Bitcoin sidechain by early 2016. The sidechain, codenamed “Liquid,” offers instant transactions, providing a fast settlement layer for bitcoin exchanges, brokerages and other industry members. As its main advantage, Liquid provides instant and secure transactions among all users of the sidechain. While Bitcoin transactions can typically […]

Should Bitcoin Have Regularly Scheduled Hard Forks?

Hard forks are a rather contentious issue in Bitcoin. The controversy surrounding hard forks can be seen most prominently in the context of Bitcoin XT ’s implementation of BIP 101. While there have been successful Bitcoin hard forks in the past, the problem with hard forks of the Bitcoin blockchain is that they’re, well, hard. […]

Blockstream Launches Bitcoin Sidechain Liquid

Blockstream has just announced the rollout of Liquid, its first production sidechain on bitcoin. The company has been in collaboration with its launch partners, which include Bitfinex, BTCC, Kraken, Unocoin, and Xapo. It is also in discussions with another dozen major institutional traders and licensed exchanges, according to its blog post. The bitcoin network has currently been […]

Dope Film Review: Of Bitcoin, the Dark Web & The Inner City

The American crime comedy-drama Dope, written and directed by Rick Famuyiwa, stars Shameik Moore, Tony Revolori, Kiersey Clemon, Kimberly Elise and A$AP Rocky. Produced by Forest Whitaker, Dope’s executive producer is Pharrell Williams and the co-executive producer is Sean Combs. The film’s first sentence is: “I just read money as we know it is dead, soon […]