Currency

Bitcoin hits another record high in march towards $20,000

Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within reach.<p>On Sunday, Chicago-based …

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Few billionaire investors have been so vocal and bullish on Bitcoin and cryptocurrency price appreciation as Tim Draper, the founder of venture …

This crazy cryptocurrency has only “one coin to rule them all”

Just when you think you have seen all the creativity in the crypto-world, something new comes up to leave you flabbergasted. Meet OneSingleCoin — a cryptocurrency that plans to overtake Bitcoin, with just a single coin in circulation.<p>The cryptocurrency’s founder prefers to stay anonymous as many …

'You Can Hear The Panic In The Bankers' Voices,' Says Tim Draper

The never-ending debate is if Bitcoin is a universal currency. I attend the final session of the Blockchain Economic Forum in San Francisco, where venture capitalist Tim Draper was interviewed by former Obama administration CFTC chairman and current MIT lecturer Gary Gensler.<p>In a wide-ranging …

Coinage CEO wants the cryptocurrency market to move beyond Bitcoin

Cryptocurrency exchanges are legion, but one thing ties the majority of these trading platforms together: They rely on linking value to Bitcoin.<p>After Coinage recently announced the launch of its launch mobile-friendly cryptocurrency exchange, I asked the company’s CEO, Chad Pankewitz, about the …

Bithumb Says $31 Million Hack Estimate May Be Reduced

South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the financial damage arising from a multi-million dollar …

Bitcoin And Its Friends Really Are Worthless 'Digital Gold'

Thesis<p>In spite of the crypto-bubble peaking in late 2017, a large proportion of the cryptocurrency market is still made up of overvalued coins which …

Reasons Why Ripple's XRP Could Have A Bright Future

<b>Reasons Why Ripple’s XRP Could Have a Bright Future:</b> As the crypto market participants get excited about the slow return of the bulls, let’s talk …

Bitcoin at ‘important inflection point’ as it attempts to break out of downtrend

The downtrend in digital currencies remains well intact with all major coins lower on the month and still well down since the beginning of …

Bloomberg: Crypto, Fiat Trading App Robinhood ‘in Talks’ to Obtain US Banking Licence

Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous …

Microsoft launches ambitious blockchain project to help creators get paid

It seems that Microsoft isn’t done experimenting with blockchain technology.<p>Microsoft and Ernst & Young (EY) announced the launch of a blockchain solution for content rights and royalties management on Wednesday.<p>The blockchain solution is first implemented for Microsoft’s game publisher partners. …

Audited 'Stable Coins' Try Undercutting Tether, Fiat, In Pro-Cryptocurrency Portfolios

Not surprising, a company you’ve never heard of called TrustToken launches the latest digital coin dedicated to the crypto-asset investor—the audited, fiat backed cryptocurrency TrueUSD—and raises $20 million from traditional venture capitalists. In this case, a group of eight led by brand-namers …

Inside the Crypto World's Biggest Scandal

One day in the spring of 2010, Kathleen McCaffrey, a sophomore at New York University, received an invitation from a stranger named Arthur Breitman. …

BitFury has sold over 100 cryptocurrency mining containers in 18 months—at $1 million a piece

$1 million<p>BlockBoxes are shipping containers measuring 500 sq ft (45 sq m) and adapted to hold 100,000 cryptocurrency mining chips. They sell for $1 …

Robinhood CEO Takes Aim at Bitcoin Exchanges' High Fees

Robinhood’s stock trading app has won over millions of millennial investors with the promise of no commission fees—and ruffled the feathers of …

Congress's Secret Crypto Fans Will Now Have to Reveal Themselves

Trading in Bitcoin and other cryptocurrencies is moving out of the shadows on Capitol Hill.<p>U.S. House members were advised this week that they must …

Cryptocurrency Markets Gain $13 Billion in 1 Hour | Investopedia

For cryptocurrencies, the week began with a negative report from the Bank for International Settlements (BIS), a consortium of some 60 central banks …

Ripple: ‘Religious-Like Fervor Around XRP’ is ‘Endlessly Frustrating’

June 20, 2018 · 6:00 pm<p><b>Few cryptocurrencies lay claim to such a devoted fanbase with a “religious-like fervor” as Ripple. The problem is, most of</b> …

Why A.I. Experts Are Dismissing Basic Income as a 'Cute Tech Hack'

The mood has markedly shifted.<p>The hunt is on for solutions to the problem of automation and job loss, and a radical solution may be required now more …

Litecoin: A Deafening Silence

Litecoin at large<p>Many articles have been written about what Litecoin (LTC-USD) is and there are no shortage of regurgitated news, or price …

High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) …

Bitcoin birthday boy is an absurd star of a serious industry | Financial Times

When the founder or founders of bitcoin decided to use the name Satoshi Nakamoto they virtually guaranteed that Asia, and especially Japan, would be …

Akoin: Akon launches new cryptocurrency to rival bitcoin

1/8 Satoshi Nakamoto creates the first bitcoin block in 2009<p>2/8 Bitcoin is used as a currency for the first time<p>3/8 Silk Road opens for business<p>4/8 …

Crypto Pioneer Buys Penthouse in Former Toronto Trump Tower

A cryptocurrency baron has bought the largest and one of the most expensive condos in Canada.<p>Anthony Di Iorio said in an email he purchased the …

Winklevoss Brothers Score Another Crypto Investment Patent

Crypto exchange Gemini founders Tyler and Cameron Winklevoss have long sought the creation of a bitcoin exchange-traded fund.<p>And while that process …

SEC Says Bitcoin and Ether Are Not Securities -- but Prices Stay Bearish?

Some people see cryptocurrencies - peer-to-peer decentralized money free of government control - as a welcome development in monetary evolution. …

Why the Fed should consider its own digital currency: former FDIC chairman

While the cryptocurrency market has been labeled as instable, given the proper oversight, the Federal Reserve can restore confidence in banks if they issued their own digital currency, according to former FDIC Chairman Sheila Bair.<p>In a recent op-ed Bair took a balanced view on why the Fed needs to …

Cryptocurrency platform EXMO scales profitability with margin loans

<i>Sponsored by Exmo</i><p>With the market of Ethereum and other tokens growing by 300,000 percent on average year-on-year (or by 6.7 times monthly) since January 2017, initial coin offerings (ICOs) are poised to become one of the most disruptive investment tools in the digital era. But investors need to be …

Litecoin Futures are a Go on UK Crypto Exchange

Litecoin (LTC) derivatives are a go in the UK. Trading platform Crypto Facilities announced that as of Friday, June 22, their new dollar-denominated …

Why bitcoin made a comeback after the South Korean exchange hack

Bitcoin made a comeback despite crashing after a recent hack on a South Korean exchange, and two cryptocurrency traders explained why it …