Digital Currency

Bitcoin jumps 10%, topping $7,000 in sudden move on Coinbase

Bitcoin jumped more than 10 percent Tuesday, breaking above the $7,000 level after weeks of steady but lower prices.<p>The world’s most valuable virtual …

Cryptocurrency

Bitcoin Roars Back to Life

Bitcoin escapes summer doldrums with sudden price surge<p>Bitcoin was having a pretty dull summer. Until yesterday. A sudden rally sent the digital currency nearly $700 higher in one hour Tuesday afternoon, ending weeks of relative tranquility in prices. It reminded investors that cryptocurrencies …

Cryptocurrency

Bitcoin FOMO Is Back on Track

If there is anything worth talking about today, it surely is the crypto space. Bitcoin has crossed the $7K and it is trading near $7,500. Year to date, we are still down by -47.85% but the $600 move in sixty minutes (yesterday) for Bitcoin was a remarkable one. The sellers in the OTC market are …

Cryptocurrency

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18.<p>Speaking …

Cryptocurrency

Coinbase Says It Was Wrong About SEC Approval of Acquisitions

Coinbase Inc., which on Monday said it got the green light from the U.S. Securities and Exchange Commission to move forward with a trio of …

Cryptocurrency

Mastercard could allow Bitcoin transactions on credit cards

Paying for everyday purchases using Bitcoin has moved a step closer to reality, after Mastercard won a patent for technology allowing cryptocurrency transactions to be carried out on a credit card.<p>In the first patent of its kind, Mastercard secured the right to protect a method that would manage …

Credit Cards

As cryptocurrency prices fall, miners look for other things to do with their server farms

Harry Pokrandt spent the last year scouring the Earth for real estate with two main characteristics. He needed cold weather, to keep his computer servers cool, and cheap electricity, to keep them running 24 hours a day. Pokrandt’s company, Hive Blockchain Technologies, filled up a Cold War-era …

Cryptocurrency

Crypto Startup Raises $28 Million To Combine Public and Private Blockchains For Enterprises

Nervos Network, a new blockchain infrastructure aimed at enterprises, announced today that it has secured $28 million in private funding from investors including Polychain Capital, Sequoia China, Wanxiang Blockchain, and Matrix Partners China.<p>In a statement, Nervos said it plans to use the capital …

Blockchain

Mastercard Wins Patent for Speeding Up Crypto Payments

Payments giant Mastercard may be looking to speed up cryptocurrency transactions by designing a payments system that will link accounts holding both …

Cryptocurrency

Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee

It’s common for longtime cryptocurrency investors to advise newcomers to invest heavily in bitcoin and — depending on their proclivity toward …

Cryptocurrency

5 Altcoins to Look Out For this Summer: NAGA, LTC, EOS, NEO and ADA

<b>After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five</b> …

Cryptocurrency

Bitcoin Tests $7,500 as Crypto Tokens Rally Back to June Levels

Cryptocurrencies extended their rally on Wednesday, with Bitcoin breaking above $7,500 for the first time since June as the market seeks to shrug off …

Cryptocurrency

Brutal bear market for bitcoin doesn’t stop record inflows to this digital asset firm

Despite an ugly first half of the year for digital currencies, which saw the value of all cryptocurrencies fall by more than $300 billion, investors …

Cryptocurrency

Coinbase is starting to look a lot like a traditional big tech company

The popular American cryptocurrency exchange is growing up fast—and becoming more like the kind of company that cryptocurrency was supposed to …

Cryptocurrency

Bitcoin (BTC) Price Watch: Bullish Pattern Confirmation!

<b>Bitcoin Price Key Highlights</b><p>Bitcoin price finally broke above the neckline of its inverse head and shoulders pattern to signal that a rally is …

Cryptocurrency

Bitcoin may be down 45% this year, but money is pouring into one crypto fund at the fastest clip in its history

Bitcoin is trading down more than 45% since the beginning of the year, and the market for digital currencies has shed billions.<p>But for one crypto investor, this bearish backdrop has been coupled with a spike in investor interest.<p>Grayscale Investments, a subsidiary of Barry Silbert's Digital …

Business

Bitcoin Surges After Breaking Back Through $7,000 Level

What’s up with Bitcoin?<p>That seems to be question on the minds of most casual observers of the biggest digital token after it suddenly surged as much …

Cryptocurrency

Why You Can't Trust More Cryptocurrency White Papers

Author: Sophia Chen<p>07:00 am<p>In 2008, a mysterious figure named Satoshi Nakamoto uploaded a PDF to the internet outlining a digital framework for …

Bitcoin

Fiat Currencies Are About to Become Essential to Public Blockchains

<i>Paul Brody is a principal and the global blockchain leader at EY.</i><p><i>The following article is the third in a series. Read part one here</i> <i>and part two …

Cryptocurrency

Bitcoin just passed $7 thousand—and the GOOD TIMES ARE BACK, BABY!

Oh <i>hell</i> yeah. Bitcoin's back, baby.<p>After languishing in the depressing realm of the six thousands for what seemed like forever, the price of bitcoin …

Cryptocurrency

Should You Launch an ICO to Raise Money for Your Startup?

As of February 2018, 46 percent of the previous year's ICOs had already failed -- despite the fact that they had raised more than $104 million.<p>4 min read<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In the past few months, you've likely heard about initial coin offering (ICO) …

Entrepreneurship

Can We Predict The Bitcoin Trend By Watching Litecoin And Ethereum?

Bitcoin used to be the sandbox of the uber-nerd. Even today, old school market sophisticates whose job it should be to know all about crypto are still shuffling around in the foothill of understanding or worse totally clueless about what this new asset is. This is not surprising because crypto …

Cryptocurrency

What Caused Bitcoin to Surge Almost 10% in a Matter of Hours?

The number one cryptocurrency has seen its price dramatically increase in the last few hours. Bitcoin has absolutely smashed the $6,800 resistance …

Cryptocurrency

FCA and PRA Consider Crypto-Assets

Article ByChris WebberKatherine WakehamSquire Patton Boggs (US) LLPUK Finance Disputes and Regulatory Investigations BlogHot on the heels of the …

Law

Review of top 50 ICOs shows most promise things they will never deliver

The most extensive legal report on initial coin offerings (ICOs) is now available to the general public, and the findings are pretty damning.<p>University of Pennsylvania legal professors, alongside research teams, have meticulously studied the top 50 highest grossing ICOs of last year – their …

Cryptocurrency

Ethereum Will Outlast And Outgrow The Bear Market

The cryptocurrency market has experienced something between a bear market and a crash (depending on who you ask) for the last 5 months and signs have …

Cryptocurrency

Venture Investors Are Changing Term Sheets to Include Provisions on ICOs

You can’t discuss investment trends without mentioning the craze of cryptocurrency ripping through the markets.<p>At a <i>Fortune</i> Brainstorm Tech breakout …

Cryptocurrency

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

<b>Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been</b> …

Cryptocurrency

Bitcoin is surging, but these experts are still skeptical

Bitcoin is struggling to regain the hype and rapid growth it saw during the end of 2017, and some big-name Wall Street experts and CEOs think the …

Cryptocurrency

Hedge fund manager Marc Larsy says bitcoin $40K is possible

Bitcoin is back, apparently. After months in the doldrums, the No. 1 digital currency surged higher Tuesday and has continued its run Wednesday.<p>As …

Cryptocurrency