Tag: commentary

Cryptocurrencies shot to limelight in 2017 when bitcoin started soaring from around $1000 at the start of the year all the way to incredible highs above $19,000 by the end of the year. 2018 is shaping up to be particularly interesting for stakeholders in the cryptocurrency trading markets as the industry starts facing serious headwinds on different fronts. The voice…

READ MORE

Boxing champion Manny Pacquiao plans to launch a cryptocurrency called the PAC Token in late-2018 and supports the regulation of bitcoin and other virtual currencies. Pacquiao said he wants to roll out his own crypto to connect with his fans around the world. “It can be a way to be in touch with the fanbase,” Pacquiao told AFP on April…

READ MORE

Redditors worldwide have suddenly become engaged in a new battle amongst themselves to highlight merchants accepting bitcoin in their native land. Dozens of users are posting pictures of local outlets accepting bitcoin as a payment method, all to prove that their region is still ahead in terms of adoption of the largest and most popular cryptocurrency. How it All Started…

READ MORE

Bitcoin is wrongly blamed as a go-to vehicle for money-laundering, tax evasion, and criminal activity because the facts do not support these claims. That’s what Canadian cryptocurrency experts said after reviewing the evidence. One reason for bitcoin’s image problem is the pseudonymity that cryptocurrency transactions afford because the ecosystem is decentralized and largely unregulated. But transactions are not completely anonymous,…

READ MORE

Much of the cryptocurrency industry remains shouldered on the pillars of crypto-exchanges. This support comes mostly out of convenience; banks and financial bodies seek exchanges with a good track record, liquidity, and easy fiat-to-crypto process. All Eyes on Crypto With institutional interest and government regulation at an all-time high, 2018 represents a marquee year for cryptocurrencies. Several news reports and…

READ MORE

On April 5-6, 2018, The Station in Berlin, Germany opened its doors to 2,500 participants for “Germany’s largest blockchain and crypto conference.” With a range of enlightening panels, international speakers, burgeoning projects, it’s no wonder that many believe Europe can finally compete with the fintech space in the US. Crypto at Lightning Speed Over the course of the two days,…

READ MORE

The Venezuela state-owned cryptocurrency, Petro, has been awarded the Satoshi Nakamoto Prize by the Russian Cryptocurrency and Blockchain Association (RACIB). The award ceremony was part of RACIB’s BLOCKCHEINF-2018 international congress. Suspected Russian Involvement RACIB is an advocacy group active in the Russian blockchain and cryptocurrency scene. Petro was one of the 13 other award recipients in different categories encompassing mainstream…

READ MORE

Mayor-president of Louisiana city, Joel Robideaux has urged the local residents of the city to launch their own Initial Coin Offerings (ICO) in an April 12 speech. Mayor Expresses Faith In ICOs This virtual currency proposal was by far the biggest reveal in Robideaux’s annual address at the Heymann Center. He painted Lafayette parish as a technological hub, which needs…

READ MORE

While bitcoin’s profile continues to climb worldwide, many Britons remain cryptocurrency skeptics who would not invest in bitcoin even if it were backed by the Bank of England according to a recent survey. The bearish sentiment was chronicled in research compiled by polling company D-CYFOR. The poll results showed that while 93 percent of Britons had heard of bitcoin, a…

READ MORE

Patrick van der Meijde is one of the founders of Arnhem Bitcoin City and BitKassa. In this guest post, Patrick outlines why spending bitcoin is actually a good idea. “I don’t want to spend my bitcoins, because I believe they’ll become worth more in the future.” This may sound logical for a lot of bitcoin hodlers, but as one of…

READ MORE