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10 Charts Which Show This is Just The Beginning of Crypto

May 13, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News

The cryptocurrency market has been hailed as a nascent market that continues to experience exponential growth. Though not comprehensive, attempts have been made to define this growth using parameters such as the number of cryptocurrencies listed on the CoinMarketCap, which currently stands at 1,595. Besides listed cryptocurrencies, other parameters of...

Investors Expect Cryptocurrency Market to Recover after UPbit Investigation Woes

May 13, 2018 by Joseph Young at Altcoins, Bitcoin, Commentary, Finance, News, Regulation

The cryptocurrency market has fallen by large margins after UPbit, South Korea’s biggest cryptocurrency exchange and formerly the world’s second-largest trading platform, was raided and investigated by local police on May 11, 2018. Raided, but Far from Finished Investors still expect the market to recover swiftly in the short-term as...

Crypto Fight Club: Experts Square Off Against One Another

Crypto Fight Club Round 2 – Dr. Doom: “Revolution is here but powered by IoT, AI, and Big Data, not Blockchain”

May 12, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, News, Tech

Nouriel Roubini, who earned the title “Dr. Doom” after predicting the 2008 financial crisis, acknowledges the financial industry is indeed going through a revolution. However, he holds that this revolution is not being driven by bitcoin or any other blockchain application. The Future of Finance Debating panelists who included Ethereum...

Washington County Gives Go-Ahead for Bitmain’s Subsidiary Ant Creek’s Mining Operation

Bitmain’s Jihan Wu: “We Have Really Huge Expansion Plans for U.S.”

May 12, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, Mining, News

Bitmain co-founder Wu Jihan has revealed that his company has huge expansion plans for its Bitcoin mining operations in the U.S. during an interview with Bloomberg. On April 13, 2018, the mining firm announced that it had been given the green light to set up cryptocurrency mining operations stateside. Fast...

Popular Trading App Robinhood Raises $363 Million in Push to Become World’s Largest Crypto-Exchange

May 12, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

Venture capital funds may not understand blockchain technology, but fully realize the economic benefits they stand to gain once the sector earns widespread momentum. Several blockchain companies have previously raised millions of dollars in fundings via ICOs or traditional methods, and it seems like companies related to the sector are...

GMO Generates Millions of Dollars just 3 Months after Starting its Bitcoin Mining Business

GMO’s Cryptocurrency Mining Operation Hits the Ground Running: 900 Bitcoin Mined Already

May 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Mining, News

Highly reputable Japanese conglomerate, GMO Internet, Inc., began its cryptocurrency mining operations in December 2017. Now, the firm has revealed it has succeeded in mining a total of 900 bitcoin and 537 bitcoin cash since catching the crypto fever in 2017. Smooth Operations In its business report for April that...

Japan’s Bitcoin Boss Searches for Wall Street Talents to Build the Biggest Crypto Empire Ever

May 11, 2018 by Nuno Menezes at Altcoins, Bitcoin, Business, Commentary, News

Japan’s bitcoin lord Yuzo Kano wants to start the most significant global crypto empire ever. According to Bloomberg, he is trying to gather all the major talents he can get to achieve this. Yuzo Kano is a former Goldman Sachs alumnus, which was able to turn bitFlyer Inc. into Japan’s...

Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

May 11, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

Upbit, South Korea’s largest cryptocurrency exchange platform, is currently under investigation as it is suspected of engaging in false financial reporting activities, deceiving investors in the process as the price of bitcoin breaks below $9,000. Local media outlets in South Korea also report that the exchange’s office has been raided....

India’s Cryptocurrency and Blockchain Businesses Moving Abroad Amidst RBI Harsh Policies

May 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, News, Regulation

The Reserve Bank of India (RBI) is bent on stifling the growth of the nation’s digital currency ecosystem with its draconian policies. Now, crypto-powered businesses are leaving the country en masse to more digital currency-friendly regions. Forbidden Fruits On April 7, 2018, reports emerged that India’s Apex bank had given...

Iran Government U-turns on Bitcoin, but Proposes National Cryptocurrency

Iranians Purchase $2.5 Billion Worth of Bitcoin as Government Considers Native Oil-Backed Crypto

May 11, 2018 by contributor at Bitcoin, Commentary, Finance, News

All the talk about bitcoin has made some serious noise in Iran as well. Although few in number the country has customers of cryptocurrency, and in the with the rise of digital currency, the government is planning to adopt this trend. Mohammad Reza Pourebrahimi, Chairman of the Economic Commission of...

Move Over Cold-Wallets, The World’s Elite Store $10 Billion Worth of Bitcoin in Cold-Vaults

May 11, 2018 by contributor at Bitcoin, Business, Commentary, Finance, News, Tech

While cryptocurrency traders around the world debate over the best hardware coin-storage wallets, the world’s elite-class choose military-grade cold vaults to protect their digital assets. Compared to a wallet the size of a pen-drive, these cold-vaults are located in caves in mountainous locations, protected by iron gates, reinforced concrete, and...

Bitcoin Wallet To Come Pre-Installed For Users Of Huawei

May 11, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

The third-largest maker of handsets in the world Huawei will be releasing the bitcoin wallet of BTC.com in its AppGallery. This was revealed by business operations vice president at BTC.com, Alejandro de la Torre. “It’s a good opportunity to tap into the Chinese market. The use of cashless payments with...

Stratis Launches Much-Awaited ICO Platform

May 11, 2018 by contributor at Altcoins, Blockchain, Business, News

On May 9, 2018, Stratis announced the launch of its feature-driven ICO platform. Equipped with a customizable design that helps customers build a unique identity based on their brand, the platform accepts funds in different cryptocurrencies and also integrates with Onfido’s KYC service to ensure no instance of money laundering....

Tom Lee: “The Altcoin Bear Rally is Almost at an End,” but still Stick to Bitcoin

Tom Lee Assumes Consensus 2018 Will Push Bitcoin Price to All-Time High

May 10, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Commentary, Finance, News

Fundstrat’s Tom Lee has come up with yet another hunky dory prediction for cryptocurrency investors ahead of this year’s Consensus conference, scheduled to kick off on May 14, 2018, in New York City. According to Lee, Consensus will spark a new life into the market, causing bitcoin prices to undergo...

Major Ethereum Scaling Solution Casper to Enter Testnet Soon

Ethereum Developers Publish Much-Awaited Casper FFG Network Update

May 10, 2018 by contributor at Altcoins, Commentary, Ethereum, News, Tech

Marking a significant step in its development, Ethereum’s developers published its much-awaited Casper FFG on May 8, 2018, in a bid to eventually drive the network away from its currently used Proof-of-Work (PoW) protocol to a Proof-of-Stake (PoS) protocol. Casper FFG Marks a Step Ahead Posted on GitHub by developer...

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