The Global Public Blockchain Technology Assessment Index Updated: Bitcoin Rose to No. 10, and NULS Claimed the Top Spot in the First Ever Community Vote

BEIJING, CHINA / ACCESSWIRE / August 17, 2018 / Today, during the “Chain Reaction IV” event, China’s Center for Information and Industry Development (CCID), the research institute under the Ministry of Industry and Information, released its 4th issue of the Global Public Blockchain Technology Assessment Index (GPBTAI) at the GuangYu Art Museum in Beijing. The … Continue reading “The Global Public Blockchain Technology Assessment Index Updated: Bitcoin Rose to No. 10, and NULS Claimed the Top Spot in the First Ever Community Vote”

Bets Against Bitcoin Grow Since Start of August

The number of investors betting that bitcoin (BTC), the leading cryptocurrency, will decline has been increasing during the month of August amid rising volatility in the digital token market and a steep sell-off. MarketWatch, citing Bitfinex, the fourth-largest cryptocurrency exchange, reported the exchange has seen bets against bitcoin double since the start of the month. As … Continue reading “Bets Against Bitcoin Grow Since Start of August”

Coinbase Wins Patent for Securing Bitcoin Payments

Coinbase, a leading cryptocurrency exchange that allows a secure online platform for buying, selling, transferring and storing digital assets, has secured a patent for a secure bitcoin payment system. The system aims to safeguard consumers who wish to use bitcoin as a mode of payment but often refrain from using it owing to the risk of revealing … Continue reading “Coinbase Wins Patent for Securing Bitcoin Payments”

CryptoWatch: Bets against bitcoin have doubled since the beginning of August, exchange says

Betting on bitcoin isn’t for everyone. However, according to data from a leading cryptocurrency exchange, interest in betting against the worlds biggest digital currency is growing. Bitfinex, the fourth largest cryptocurrency exchange with 24-hour volume of $614.8 million, has seen the number of bets against bitcoin … Continue reading “CryptoWatch: Bets against bitcoin have doubled since the beginning of August, exchange says”

Americans Can Now Trade a Swedish Bitcoin ETN

Bitcoin enthusiasts in the U.S. have long awaited the approval of the much touted bitcoin-based exchange traded fund (ETF). With the U.S. Securities and Exchange Commission (SEC) deferring the decision on a bitcoin ETF until the end of September, hopes dimmed for investors looking for a safe, convenient and secure way to take a stake in bitcoins … Continue reading “Americans Can Now Trade a Swedish Bitcoin ETN”

CryptoWatch: Bitcoin steady, altcoins showing gains in Thursday trading

After a torrid start to the week, digital currencies were showing signs of a revival, with most major coins holding onto yesterday’s gains in early Thursday trading. After rising as much as 6% Wednesday, bitcoin, BTCUSD, -0.36% … Continue reading “CryptoWatch: Bitcoin steady, altcoins showing gains in Thursday trading”

CryptoWatch: Fear-based selling behind bitcoin slump, says one analyst

Bitcoin is fast losing its shine, and the momentum of the down move risks causing widespread panic, says at least one analyst. After holding at $6,000 over the weekend, that support line for the No.1 digital currency finally gave way late Monday, sending it to $5,900.38. That’s the lowest level since June 29 and inches … Continue reading “CryptoWatch: Fear-based selling behind bitcoin slump, says one analyst”

Bull Case for Tesla’s Private Plan, & News from Square, Bitcoin, and More | Free Lunch

[embedded content] On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the market’s top morning headlines, including Square’s latest bullish analyst note, today’s cryptocurrency crash, Home Depot’s earnings, and more. Later, he is joined by Brian Bolan, Zacks’ growth guru and noted Tesla bull, to debate the electric car company’s go-private plan. … Continue reading “Bull Case for Tesla’s Private Plan, & News from Square, Bitcoin, and More | Free Lunch”

CryptoWatch: Bitcoin’s recent meteoric fall means calls for rallies to $25,000 in 2018 are in jeopardy

Bitcoin prices thus far in mid August are trading around 2018 lows, extending a downtrend that has taken hold of the world’s No. 1 virtual currency since a peak in May, and a tenuous rebound in July, raising doubts about bullish forecast for the virtual currency. A single bitcoin … Continue reading “CryptoWatch: Bitcoin’s recent meteoric fall means calls for rallies to $25,000 in 2018 are in jeopardy”

CryptoWatch: A team at Northwestern think they have solved one of bitcoin’s biggest problems

A problem tied to how bitcoin and other cryptocurrency transactions are processed and completed has long dogged enthusiasts of the digital-asset community, but a group of scholars believe that they may have a solution. A team of Northwestern University students and faculty members, in conjunction with bloXroute Labs, are attempting to improve the so-called scalability … Continue reading “CryptoWatch: A team at Northwestern think they have solved one of bitcoin’s biggest problems”

CryptoWatch: Bitcoin tumbles below $6,000, threatens 2018 low

Bitcoin is fast losing its shine. After holding support at $6,000 over the weekend, the No.1 digital currency finally gave way late Monday, trading to $5,900.38, its lowest level since June 29, and inches away from making a new low for 2018. The August slump has shed more than $70 billion of the total value … Continue reading “CryptoWatch: Bitcoin tumbles below $6,000, threatens 2018 low”

Is Bitcoin Vulnerable to SEC Manipulation?

A speculative article from Crypto Daily has opened up a new area of consideration that many investors may not have thought of. The article suggests that, if it wanted to, the U.S. Securities and Exchange Commission (SEC) could, in fact, manipulate the price of bitcoin through its actions. Of course, this is not to suggest … Continue reading “Is Bitcoin Vulnerable to SEC Manipulation?”

Bitcoin Gains 51% Market Share of Crypto Market

Bitcoin, the world’s most popular cryptocurrency, continues to bolster its already dominant position among digital currencies. While over the years its market capitalization has stayed way ahead of the Nos. 2 and 3 cryptos, ethereum and ripple, it has recently become the cryptocurrency with a 51% market share of the total cryptocurrency market. The figure is computed as … Continue reading “Bitcoin Gains 51% Market Share of Crypto Market”

Rep. Bob Goodlatte Becomes Congress’s First Bitcoin HODLer

Now politicians are becoming HODLers.  According to recently disclosed filings, Rep. Robert William Goodlatte holds cryptocurrencies worth between $15,000 to $80,000. Goodlatte’s holdings in cryptocurrencies consist of Bitcoin, Bitcoin Cash, and Ethereum. He has invested between $15,000 and $50,000 in bitcoin and between $1,000 and $15,000 in the other cryptocurrencies.  Goodlatte, a Republican from Virginia’s 6th congressional … Continue reading “Rep. Bob Goodlatte Becomes Congress’s First Bitcoin HODLer”

CryptoWatch: Bitcoin surrenders early gains putting critical $6,000 support back in focus

Bitcoin came perilously close to breaking below $6,000 over the weekend, trading to $6,008.68 on Saturday morning in New York. The move south pushed bitcoin’s total loss for August to 21%, and left it in danger of making a fresh 2018 low, a level crypto guru Barry Silbert said he did not think it would … Continue reading “CryptoWatch: Bitcoin surrenders early gains putting critical $6,000 support back in focus”

The Man Who Solved Bitcoin’s Most Notorious Heist

By Justin Scheck and Bradley Hope Aug. 10, 2018 12:16 p.m. ET Kim Nilsson was seething. It was 2014, and the software engineer discovered someone had disabled access to his bitcoins. A crime had apparently been committed, one that the police seemed unable to comprehend, much less solve. The coins went missing from a failed … Continue reading “The Man Who Solved Bitcoin’s Most Notorious Heist”

Should Investors Be Worried About Bitcoin’s Fall Below $7,000?

It was the rally that wasn’t.  After a slide in its price that lasted several months, bitcoin seemed to be a path to revival after it broke the $8,500 barrier recently. But the increase proved temporary and the cryptocurrency’s price reversed course over the weekend. This week’s news about the SEC postponing a bitcoin ETF decision … Continue reading “Should Investors Be Worried About Bitcoin’s Fall Below $7,000?”

Hyperinflation Produces Surge In Bitcoin Trading In Venezuela

Among troubled economies of the world today, Venezuela holds a special place. Disastrous economic policies coupled with a slide in the price of oil have produced rampant inflation in the country. The International Monetary Fund (IMF) recently stated that Venezuela is on track to reach one million percent inflation by December. Simultaneously, the value of … Continue reading “Hyperinflation Produces Surge In Bitcoin Trading In Venezuela”

CryptoWatch: Bitcoin looks ‘very sick’ and the pain is not over, says analyst

After a brief reprieve on Thursday, when most digital currencies finish in the green, all major coins showing losses in early New York trading on Friday. Bitcoin BTCUSD, -0.07% the world’s largest digital … Continue reading “CryptoWatch: Bitcoin looks ‘very sick’ and the pain is not over, says analyst”

Bitcoin Falls After SEC Postpones ETF Decision

After Winklevoss brothers, it is VanEck-SolidX that has hit the roadblock, created bythe Securities and Exchange Commission (SEC), in its path to launching a bitcoin ETF. The SEC has deferred the decision on the proposed bitcoin ETF to Sep 30 (read: SEC Disapproves Winklevoss Bitcoin ETF: What Next?). In late July, the regulatory body forbade … Continue reading “Bitcoin Falls After SEC Postpones ETF Decision”