The post Bitcoin News Summary – August 27, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. Venezuela’s president Nicolas Maduro announced a desperate new action to control its hyperinflation. The government will devalue the Bolivar by 95% and peg its value to that of Venezuela’s new […]
Last week, I was able to interview Zillaqa CEO, Xinshu Dong. As of the writing of this article, Zilliqa (ZIL) is sitting at #32 on CoinMarketCap with a market capitalization of just over $270 million. The currency peaked at over $1.6 billion in May of 2017. The coin’s meteoric rise occurred as bitcoin was hovering around the […]
Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.” Brito also sees a use case for bitcoin in countries […]
It has now been 10 years since the web domain Bitcoin.org was registered by the Bitcoin project’s first developers, Satoshi Nakamoto and Martti Malmi. A post on the website commemorates the anniversary of the famous domain’s registration back in 2008, shortly before the release of the original cryptocurrency white paper on October 31. Satoshi’s Bitcoin.org Legacy Though […]
Alexis Ohanian, the co-founder of popular news and forum site, Reddit, is bullish on Bitcoin despite the current price slump. His optimistic views on the future of Bitcoin come as he moves away from Reddit and towards more venture capital initiatives, including investments in cryptocurrencies and cryptocurrency companies. Following the acquisition of Reddit by Conde […]
This week in the industry, we saw the gears of government and regulation grinding, we check in on some mining news and we take a moment to reflect on the state of the market and industry innovation. Here are some of Bitcoin Magazine’s top bitcoin, blockchain and cryptocurrency news stories for the week. Stay on […]
According to research from prominent cryptocurrency trader Jacob Canfield, who plotted out his findings against a BTC price chart on the popular charting site TradingView, CNBC’s tweets can be used as a contrarian Bitcoin price indicator with as much as 95% accuracy. CNBC: A Contrarian Indicator with 95% Accuracy Canfield claims that almost “every single […]
Financial discrimination shows just how precarious Americans’ rights are in practice. Cryptocurrency is the solution — if an imperfect one at present.
Many have high hopes for ethereum-based prediction market Augur; others only seem interested in using it for some old-fashioned internet trolling.
When it comes to Bitcoin bulls, there isn’t anyone who is as optimistic as Fundstrat’s Tom Lee. And with a recent appearance on CNBC, Lee has only cemented this theme, drawing attention to indicators that could indicate that Bitcoin bears are losing steam. Fundstrat Analyst Remains Bullish, Even After Eight Months Of Bearish Price Action […]