Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR: Figure 1: BTC-USD, 1-Day Candles, Macro TR As […]
The SEC announced yesterday nine bitcoin ETF disapproval orders are to be stayed until further review but what does that mean exactly?
The World Bank and Australia’s largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.16 million USD) deal is made up of two-year bonds. It expected to settle by August 28, 2018 and yield a 2.25 percent return. The prototype bond, dubbed “Bond-i” (Blockchain […]
On the Joe Rogan podcast (JRE podcast), American singer-songwriter Shooter Jennings and Joe Rogan discussed Ethereum-based Twitter alternative Peepeth, which allows anyone to release permanent tweets embedded into the blockchain, without censorship. Throughout the podcast, Rogan and Jennings went back and forth on the Alex Jones situation, sharing the general sentiment that Facebook, YouTube, and […]
Factom, a system for auditing and securing millions of real-time records using blockchain technology, has filed another blockchain patent application for the advancement of its operations this year. CCN reported earlier this month that the data distribution company had filed a patent application for a system enabling document validation on the blockchain, a feature likely […]
Successful crowdfunding platform Indiegogo is looking to expand its cryptocurrency and blockchain-based operations. The company is launching a new service which will allow companies to sell digital tokens that are backed by assets. Indiegogo’s New Service Expands on Earlier Efforts into Crypto Space The latest service from Indiegogo will first offer investors the chance to […]
The United States Securities and Exchange Commission will reevaluate its recent round of bitcoin ETF rejections. This Wednesday, August 22, 2018, the SEC denied 9 ETF proposals from ProShares, GraniteShares and Direxion in three separate orders. But consistent with a rule that allows the SEC’s Chairman and Commissioners to review decisions delegated to its staff, […]
Bitcoin ETFs are continuing to be rejected by regulators, but time may be on the side of innovators.
Based on five-year-old research, Bitcoin enthusiasts and critics alike have often held that Satoshi Nakamoto originally mined some 1,000,000 bitcoin in the early days of the network. New numbers from BitMEX Research, however, demonstrates this number could be off by 300,000-400,000 total bitcoin. Breaking Down Lerner’s Research The oft-cited 1,000,000 coins estimation comes from research […]
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. In addition, officials are also looking to shut down websites pertaining to both cryptocurrencies and initial coin offerings (ICOs), and to prevent businesses from accepting […]