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Can Bitcoin Exist Without Trust?

May 5, 2018 by David Balaban at Bitcoin, Commentary, Finance, News, Regulation, Tech

In an individualistic commodity society, there are no relationships of solidarity that protect you against uncertainty. The existence of a person in such a community depends only on his ability to acquire (buy) the things he needs on the market. For this reason, individuals are looking for an item that...

Crypto Fight Club: Experts Square Off Against One Another

May 5, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, Finance, News

Tensions appear to be running high in the financial space between crypto critics and supporters. Cryptocurrency has always been a divisive topic in the business arena, but the situation seems to have devolved further. This observation is based on the events that transpired at the recent Global Conference of the...

S&P Has No Imminent Plans for Crypto Index Service

May 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News

S&P Dow Jones has announced that there aren’t any immediate plans by the company to offer crypto indices. The financial indices behemoth has been beset by calls to add a crypto index to its catalog of market indices services. Despite the announcement, the firm hasn’t ruled out the possibility of...

Investors Unhappy with Square’s Meagre $200,000 Revenue from Bitcoin Trading

May 4, 2018 by Rahul Nambiampurath at Bitcoin, Business, Finance, News

Digital payments processing company Square announced that it sold total bitcoin worth $34.1 million in the first quarter of 2018. The announcement was made May 3, 2018, by the company during the filing of its quarterly results, as is mandatory by the Securities and Exchange Commission (SEC). Disappointing Numbers Analysts,...

Intel Corp Set to Revolutionize Cryptocurrency Mining, Patent Awaits Approval

Intel Set to Revolutionize Bitcoin Mining, Patent Awaits Approval

May 4, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Mining, News

The nascent world of blockchain-powered virtual currencies keeps getting more irresistible with each passing day and many more firms are looking to have a piece of the ‘cryptocake.' Intel Corp., the world's largest manufacturer of personal computer microprocessors, has caught the bitcoin bug and is now awaiting approval for its...

CoinMarketCap Finally Releases an Official Mobile App

May 4, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, Finance, News

As CoinMarketCap celebrates five years of existence, the platform launches its official app for iOS mobile devices and plans to roll out more services. Though cryptocurrencies have been around for almost a decade, the platform, CoinMarketCap (CMC), came to limelight during the surge of bitcoin and other alternative cryptocurrencies late...

Monex CEO Compares Cryptocurrencies To Initial Stages of the Global Derivative Market

Monex CEO Compares Cryptocurrencies to Initial Stages of the Global Derivatives Market

May 4, 2018 by contributor at Altcoins, Bitcoin, Commentary, Finance, News

Oki Matsumoto of Monex Group, a Japanese securities trading firm, has compared the cryptocurrency market with that of derivatives. He recalls how derivatives were on the receiving end of criticism thirty-eight years ago by regulators, only to gain widespread adoption in the years soon after. Current Cryptocurrency Market = Initial...

Japanese Giant SBI Plans a Crypto Exchange

May 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, News, Regulation

Japanese giant SBI Group is reported on April 26, 2018, to be scheduling the summer launch this year of its own cryptocurrency exchange. The exchange is apparently to be named “SBI Virtual Currencies” and will be a full-suite digital exchange. Japan Going Where Other Asian Nations Are Forbidden Business Insider...

Reddit Set to Restore Bitcoin Payments, Will also Support Ethereum and Litecoin

May 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, News

Reddit, one of the largest online forums in the world, is gearing up to resume accepting bitcoin payments. The platform had earlier disabled bitcoin payments in March 2018 leaving subscribers with only PayPal and Credit Card payment options. Issues concerning high fees and problems with Coinbase API integration were responsible...

Bitspark Bins Bitcoin in Favor of BitShares; CEO Explains Move

May 3, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

Bitspark, the Hong Kong-based bitcoin remittance firm that facilitates end-to-end, cross-border payments, had previously announced that it would no longer use bitcoin for its operations. On May 2, 2018, in conversation with Ej Insight, George Harrap of Bitspark explained what led to the decision. Bitcoin to be Replaced by ‘Faster,...

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