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Bitcoin Surpasses $10,000 Mark in Strong Crypto Market Rebound: Week in Review Feb. 20

by Alexander Lielacher at News Digest

The price of bitcoin has rebounded and stabilized above the $10,000 mark for the first time in over two weeks. After bitcoin dropped as low as the $6,000’s in early February, this rally and subsequent price stabilization come as a relief to many investors, especially those who only recently started to invest in this asset class. Bitcoin’s decline in January…

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Price of Bitcoin Climbs as Unknown Trader Acquires $344 Million in Bitcoin

Category: Bitcoin, Commentary, Finance, News

Price of Bitcoin Climbs as Unknown Trader Acquires $344 Million in Bitcoin

The price of bitcoin, the number one ranked cryptocurrency in the world, rose above $11,500 on its current price resurrection after a turbulent start to the year. The catalyst of this recent revival is being attributed to a series of high-value bitcoin purchases that have totaled about $344 million. The identity of this mystery purchaser is unknown but said buyer…

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Blockchain Technology Penetrates the Freelance Market (HIRE, CAN, GJC)

Category: Altcoins, Blockchain, Business

Blockchain Technology Penetrates the Freelance Market (HIRE, CAN, GJC)

Blockchain technology is penetrating almost every sector of business. It is able to accomplish this adoption across the board by driving down the costs to transact while providing transparency when needed. The freelance work model is no different. Many freelance employment platforms are turning to the blockchain to provide cryptocurrencies and the ability to transact they so adamantly desired. Current…

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Prime Shipping Foundation Aims to Bring Cryptocurrency to the Shipping Business

Category: Altcoins, Bitcoin, Business, News, Tech

Prime Shipping Foundation Aims to Bring Cryptocurrency to the Shipping Business

Once looked upon as the domain of professional techies, cryptocurrency has grown exponentially since its inception. More and more companies are becoming cognizant of the increasing applicability of a digital currency in a business world so strongly built upon digital platforms. Bringing Crypto to Shipping In the latest effort to continue this expansion, the Prime Shipping Foundation has announced its…

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What is Stellar and is it a Good Investment?

Category: Cryptocyclopedia

What is Stellar and is it a Good Investment?

At the end of 2017, the Stellar network’s cryptocurrency, the lumen, moved into the top ten of the largest cryptocurrencies. Stellar’s market capitalization rose from the $500 million mark to over $12 billion from November to January. In its January 6th peak, one lumen (XLM) was trading at $0.71. What is Stellar? Stellar is a decentralized network through which the…

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It is Stressful Being a Cryptocurrency! (Byteball Stress Tests in 2018)

Category: Altcoins, News, Tech

It is Stressful Being a Cryptocurrency! (Byteball Stress Tests in 2018)

Blockchains are regularly put through rigorous testing by their founders and development teams to ensure their ability to handle scaling, malicious attacks, and the typical functionalities of the blockchain. However, because most cryptocurrencies are open source, developers around the world sometimes take the liberty to perform these tests as well. Byteball is a cryptocurrency that is undergoing many of these…

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Israeli Authorities Plan to Tax Bitcoin and Other Cryptocurrencies as Property

Category: Altcoins, Bitcoin, Finance, News, Regulation

Israeli Authorities Plan to Tax Bitcoin and Other Cryptocurrencies as Property

Back in January, the Israeli tax authorities released a notice to all crypto investors and stakeholders in the country’s blockchain-based digital currency space of its intentions to tax ICO schemes. In the letter, it was made clear that the masses had a period of two weeks to send in their comments. However, the government confirmed on February 19, that it…

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Monetized Digital Gaming Has Taken Over the Ethereum Blockchain

Category: Blockchain, Entertainment, Ethereum, News

Monetized Digital Gaming Has Taken Over the Ethereum Blockchain

Many applications have been developed in the past year to work on the blockchains of the world. Cryptocurrencies have seen huge advances in 2017 with Ethereum making a significant splash on the crypto stage. Applications have been built to run on the Ethereum blockchain that allows individuals to buy, sell, trade, collect and gamble digital assets. The users of the…

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Indian PM Narendra Modi Endorses Blockchain Technology

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Regulation, Tech

Indian PM Narendra Modi Endorses Blockchain Technology

Indian prime minister Narendra Damodardas Modi expressed support for the future of the Internet of Things and Blockchain technology at 22nd Edition of the World Congress on Information Technology (WCIT). Rapid Adaptation of Technological Shifts On February 19, 2018, The Prime Minister said disruptive technologies like blockchain and the Internet of Things (IoT) would have a significant impact on the…

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Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

Category: Altcoins, Bitcoin, Commentary, News

Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

The U.S Presidential election of 2016 was not without interference from external forces. As such, the Justice Department has claimed to have identified Russian nationals who attempted to disrupt the elections. The Russian Trolls According to Fortune, Russian citizens identified in a Justice Department citation released on February 16, 2018, employed cryptocurrency exchanges as part of an alleged game plan…

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Denison Yachting to Accept Bitcoin, Ether, Bitcoin Cash and Tron Payments for Luxury Yachts

Category: Altcoins, Bitcoin, Business, News

Denison Yachting to Accept Bitcoin, Ether, Bitcoin Cash and Tron Payments for Luxury Yachts

Denison Yachting, a Yacht dealer, based in Florida, has announced that it has begun to accept payment in bitcoin for its range of high-end luxury yachts. Announcing on February 16, 2018, the company stated that apart from bitcoin, it will also accept payment in ether, bitcoin cash, as well as Tron. This announcement comes in the wake of the popular…

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Press releases:

Hamster Marketplace Presents First Blockchain Platform to Sell Innovative Electronics

BitStarz Adds Ethereum (ETH) and Dogecoin (DOGE) Support!

Eugeny Kaufman, CEO Playhall: Intellectual Games are to Replace Gambling

Earning on In-game Achievements with IQeon Ecosystem Is Easy

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