Month: February 2018

According to Coinmarketcap.com, Ripple (XRP) is currently the third most popular cryptocurrency by capitalization, holding steady at about $32 billion dollars. As of the start of this week, it has been the only top-5 cryptocurrency that has had a positive trend since it started trading. However, the Thursday sell-off took it to new lows around 0.92. Even in light of the digital currency’s impressive run-up in December and the first half of January, it still has quite a bit of potential for future growth. The Ripple technology has one huge…

Read More

When Satoshi Nakamoto designed bitcoin, his smartest trick wasn’t to cap the total supply at 21 million coins – it was to make each coin divisible to eight decimal places. At the time, as now, the smallest unit of bitcoin was worth so little as to be inexpressible in fiat terms. But bitcoin’s creator had the foresight to recognize that if his fledgling cryptocurrency succeeded, there was a good chance that 1 BTC would eventually be worth quite a lot. And when that happened, one satoshi (a moniker which the…

Read More

Bitcoin industry stalwart Charlie Shrem has described decentralized cryptocurrencies as “the biggest innovation of his lifetime” amid turbulent activity on markets. Shrem: My Goal Is Freedom-Giving Technology In a series of tweets Thursday, Shrem, who returned to the cryptocurrency space following a highly criticized spell in jail, explained how the freedoms associated with ‘true’ decentralized assets and networks are his “goal.” “I came to help build technology that gives us freedom and I will not stop until I’ve reached my goal. I’ve already had my freedom taken from me once…

Read More

Bitcoin is a tool for terrorists and money launderers. At least that’s what your elected officials believe. When western leaders are pressed for their thoughts on cryptocurrency, that’s invariably the first sound bite to leave their lips, followed, occasionally, by a begrudging acknowledgement that “the underlying blockchain technology has potential”. But as the case of the $400 million of NEM stolen from Coincheck last week shows, laundering huge amounts of cryptocurrency is surprisingly hard. Laundering fiat currency, on the other hand, is extremely easy when you know how. Also read:…

Read More

Same day international mobile payments utilizing the cryptocurrency Ripple’s (XRP) distributed ledger technology are on the horizon. Sending Ripples Through the Banking Industry Spanish banking group Banco Santander—“the first UK bank to introduce Blockchain technology which facilitates international payments, through a new app”—plans on making the groundbreaking service available in Q1 2018. Over the last 18 months, Santander has been putting the technology to the test with bank staffers, transferring payments worth between £10 and £10,000 with Apple Pay and using Touch ID for secure sign-ins: Once the app is…

Read More

The following opinion piece was written by Jonald Fyookball. So you’ve heard of Bitcoin Cash — one of the top cryptocurrencies along with BTC and Ethereum. But why does it exist? Is it a cheap copy of Bitcoin? A pump-and-dump scheme? An attempt to hijack the brand and attack Bitcoin? In my estimation, the opposite is true. Bitcoin Cash is everything that Bitcoin was supposed to be, before it was taken over by a small group of radically minded “Core developers”, largely through propaganda and censorship. Also read: Bitcoin Cash Supporters Prepare…

Read More

Following the approval of Canada’s first blockchain ETF (exchange-traded fund), companies are eager to launch their own blockchain ETFs, well aware that the revolutionary technology is “here to stay.” Leading the Charge Harvest Portfolios’ plan to launch Canada’s first blockchain exchange-traded fund (ETF) has officially been greenlit. The Ontario Securities Commission has approved of Harvest Portfolios’ plan to launch the country’s first blockchain ETF, appropriately titled Blockchain Technologies ETF. The new venture will carry the HBLK ticker, as well as a management fee of 0.65 percent. The cryptocurrency-friendly country’s first…

Read More

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. California, USA – Blockchain-based knowledge sharing platform Lunyr launches Open Beta which will initially offer more than $200,000 in rewards for writing, editing, and peer reviewing information. Now running live on the Ethereum blockchain mainnet, the Lunyr Open Beta represents a revolutionary breakthrough in the…

Read More

The Philippine Securities and Exchange Commission (SEC) has indicated that it is currently developing a regulatory framework designed to govern cryptocurrency transactions. The regulator emphasized the need for legislation pertaining to initial coin offerings (ICOs) in particular. Also Read: Venezuela Releases Petro Whitepaper Ahead of ”$5 Billion ICO” Philippine SEC to Partner With Overseas Counterparts The commissioner of The Philippines’ SEC, Emilio Aquino, has indicated that the regulator is currently developing regulations designed to govern cryptocurrency transactions. Commissioner Aquino indicated that The Philippines’ SEC is engaging with U.S. and Australian counterparts…

Read More

Bitcoin price has reversed its downward trend Friday, prices bouncing upwards from multi-month lows to gain over $1200 in an hour. Markets Have Enough Of Bitcoin Price Downturn Data from Bitstamp shows an impressive turnaround in Bitcoin’s fortunes following multiple new warnings of a serious blow to traders appearing in mainstream media. BTC/USD hit a bottom of $7625 in morning trading before exiting considerably higher, breaking $8793 at press time. Bitcoinist had earlier cited online trading sources forecasting a price floor against USD as low as $7300. Twitter personality Squeeze…

Read More