#Bitcoin

Bitcoin, Ether, and XRP Weekly Market Update: February 21, 2019

February 21, 2019 by Georgi Hristov at Altcoins, Bitcoin, Blockchain, Cryptocurrency Market Outlook, Ethereum, News, Price Analysis

The total crypto market cap increased to $133 billion after gaining more than $14 billion of value for the past seven days. Top ten cryptocurrencies are all in green for the same time period with EOS, Litecoin, and Binance Coin leading the pack with more than 20 percent in gains....

Portrait of Musk Staring at Bitcoins on a Table

Elon Musk: Bitcoin Is Interesting but Tesla Isn’t Getting Involved

February 21, 2019 by Osato Avan-Nomayo at Adoption, Bitcoin, Commentary, News

Unlike Jack Dorsey, Elon Musk, the Tesla CEO, isn't ready to adopt bitcoin and other cryptocurrencies. This admission comes despite a few previous cryptocurrency-focused tweets published by Musk in the past. Even though the Tesla chief says he isn't going to steer the company in the direction of the emerging...

Blockstream Releases A New Multisignature Standard

February 20, 2019 by Nuno Menezes at Adoption, Bitcoin, Blockchain, News

Blockstream a blockchain technology startup, announced the release of Musig, a test code for the proposed Schnorr-based multi-signature scheme on February 18. The MuSig scheme is a Bitcoin upgrade implementation that is focused on scalability and confidential transactions. Musig According to Andrew Poelstra, the company’s mathematician, this latest release is...

New Web Extension Allows Users to Tip on Twitter With Bitcoin

February 20, 2019 by Priyeshu Garg at Adoption, Bitcoin, Business, News

Tippin, a Lightning Network (LN) platform, launched a Chrome extension that enables Google browser users to send Bitcoin payments on Twitter, EJ Insight reported on February 19, 2019. Lightning Twitter Tips Despite the incredibly cold crypto winter that has only recently started to slow down, the push for mainstream crypto...

FBI Speaks On The Cryptocurrency Sector

February 20, 2019 by Neil at Altcoins, Bitcoin, Commentary, News

It is rare that cryptocurrency investors and traders actually get insight into the way that law enforcement is watching and examining the cryptocurrency industry. In a recent interview with the FBI conducted by The Paypers, February 19, 2019 - the agency elaborated on how investors can protect themselves, and how...

The German Government Seeks the Blockchain Community’s Input on new Laws

February 20, 2019 by Tokoni Uti at Adoption, Altcoins, Bitcoin, Blockchain, Business, News, Regulation

While the German government is preparing for a strategy presentation this summer, they have also sought the consultation of the blockchain community, reported February 18, 2019. Talking Points As time goes on, more and more governments have adopted the use of blockchain in transportation, tax collection, and so on. There...

Octogenarian in Line to Grab and Pass the Bitcoin Lightning Network Torch

February 20, 2019 by Tom Nyarunda at Adoption, Bitcoin, Commentary, Development, News

The Bitcoin Lightning Network Torch experiment is an influential movement that was launched on January 19, 2019, by a Bitcoin enthusiast whose twitter handle is Hodlonaut. Those joining the experiment transfer a small amount of BTC using the Lightning Network to supposed trustworthy community members via an email chain letter....

Bitmain Announces BM1397 Chip with 28.6 Percent Improvement in Power Consumption

February 20, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Mining, News

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems. Energy Efficient BM1397|...

Bitcoin and Ether Market Update: February 20, 2019

February 20, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis

The total crypto market cap is up $10.5 billion since February 18 and now sits at ~$133.3 at the time of writing. For the same time period bitcoin (BTC) is up 7.3 percent to $3,900 while ether (ETH) gained 7.5 percent to $141. BTC/USD Bitcoin bulls have been in control...

Man Looking at Dying Bitcoin Plant with a Swiss Flag

The Boom of Swiss Crypto Foundations Has finally Fizzled

February 19, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Several high-profile scandals and the lack of foresight when it comes to governance have led to the stumble of many Suisse-based cryptocurrency foundations Finews reported on February 18, 2019. Foundations Marked Switzerland's Economic Climate Foundations, while not the backbone of the Swiss economy, have been an inescapable part of the country's...

Japan Could Soon Realise the Crypto-ETF Dream

February 19, 2019 by Alex Lielacher at Bitcoin, Finance, News

Japan is reportedly gathering information about the amount of interest there is among institutional investors for a cryptocurrency ETF which has the potential to lead to the approval of cryptocurrency-based ETFs in Asia's second-largest economy. Ths according to a report from Irish Tech News, February 18, 2019. Do Investors Want...

Recent Crypto Trojans Leave Mac Users on High Alert

February 19, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Crime, News

It seems that Mac users are no longer immune to malware and viruses, as the latest string of crypto trojan attacks has proven that hackers can gain access and take control of Apple computers, The South African reported on February 18, 2019. Cointicker App Installs Backdoors Threatening Mac Security CoinTicker,...

College Grad with Ball and Chain Shackles Holding a Pick Axe

Indonesian Student Nabbed for Illegal Bitcoin Mining with School Computers

February 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Mining, News

Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on...

Man Handing over Bitcoin Wallet Wrapped in Plastic Bag

Canadian Authorities Seize Alleged Drug Dealer’s Bitcoin Holdings

February 19, 2019 by Alex Lielacher at Bitcoin, Crime, News

Canadian authorities have reportedly seized 288 BTC from a suspected drug dealer. Matthew Phan, a university dropout, is lobbying for access to at least half of his bitcoin holdings, claiming that not all of the seized bitcoin was used in illegal activities. This is the first instance where authorities have...

Older Man Looking at Bitcoin on his Phone and JP Morgan JP M Coin Mogul

Bitcoin Remains Stable as First Pension Funds Enter Crypto and JP Morgan Launches Stablecoin: BTCManager’s Week in Review February 18, 2019

February 19, 2019 by Alex Lielacher at Altcoins, Bitcoin, Business, News, News Digest

The two biggest headlines of the week have been investment management firm Morgan Creek receiving pension fund money for its new digital asset fund and JP Morgan launching a blockchain-based stablecoin called JPM Coin. The price of bitcoin remained effectively unchanged around the $3,600 mark versus last week’s close. Morgan...

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