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. We are pleased to announce that Ripple XRP has been added to EO.Finance! For those unaware, XRP is currently the second largest cryptocurrency in terms of market capitalization. Ripple is the name for both a digital currency (XRP) and an open payment network within which…
Read MoreMonth: December 2018
Bitcoin Price Caps Christmas Cheer as Stock Traders Receive Coal
Bitcoin price fought off a full correction of its recent bull run December 25 as traders fled the “worst” Christmas Eve ever for stock markets. Bitcoin Price Retraces 10 Percent Data from across major exchanges delivered what many had expected for cryptocurrency markets Monday – a reversal of the bullish trend which at one point gave Bitcoin two-week gains of over 35 percent. At press time Christmas Day, BTC/USD 00 was trailing around 10 percent lower at $3760, having held $4000 support for only around 48 hours. Major altcoins, some of…
Read MoreBitcoin History Part 6: The First Bitcoin Exchange
Aside from mining, the only way to obtain bitcoin in the very early days was by trading it on forums or IRC. This arrangement relied on the other party fulfilling their side of the deal, since there were few escrow services back then. Bitcoin didn’t have to wait long for a dedicated exchange to spring up, thankfully, with the first cryptocurrency exchange going live in March 2010. Also read: Bitcoin History Part 5: A Wild Altcoin Appears Bitcoin Gets Its First Market The first cryptocurrency exchange wasn’t Bitstamp, Vircurex, or…
Read MoreOpinion: ICOs Are Dead, Killed By Regulations
ICOs may have been the hottest thing in 2017 but, unlike the hundreds of amusing Bitcoin obituaries throughout the years, the process of issuing digital tokens to raise funds appears to be dead. Stick a Fork in ICOs, They’re Done The UAE’s Securities and Commodities Authority is expected to unveil regulations for initial coin offering (ICOs) by mid-2019, reports The National. The idea is to provide a regulatory framework for startups to raise capital through crowdfunding via digital tokens without breaking securities laws. Unfortunately, the move is not only too…
Read MoreData Leaks and Deplatforming Drive Businesses Away From Web Giants
Consumers and enterprises are exiting centralized web platforms amid growing concerns over unwarranted data sharing. Loss of privacy and data leakage are the primary drivers leading users away from web giants such as Google and Facebook. In some cases, disaffected users are seeking out decentralized alternatives that facilitate personal data ownership. Also read: Feed 7 Different Species at the River Forest Farm’s ‘Bitcoin Cash Zoo’ Facebook and Google Keep Leaking Data The opaque data sharing practices of internet oligarchs such as Google and Facebook, which wield huge power over billions of…
Read MoreBitcoin Equipment Maker Ebang Reapplies for Hong Kong Listing
Ebang International Holdings Inc., a Chinese bitcoin mining equipment maker, has refiled documents for a public share sale with the Hong Kong stock exchange after its first submission failed to proceed. Money raised from the initial public offering (IPO) will go towards development of new mining hardware and non-crypto blockchain applications, among other things. Also read: Bermuda Issues Draft Crypto Custodial Services Regulation IPO Seeks to Raise Undisclosed Amount Ebang’s filing did not reveal how many shares the company planned to sell, or their expected price, according to IPO documents published…
Read MoreBitmain Fires Entire Bitcoin Cash Development Team: Report
Things appear to be far from well with Bitcoin Mining firm Bitmain as several reports indicate another round of employee layoffs at the firm. This news follows reports that the company’s IPO is also dead in the water after rumors of Q3 losses running into over $700 million. Bitmain on Firing Spree According to Blockstream CSO, Samson Mow, there are rumors swirling that the mining giant laid off its entire Copernicus team. Mow cited posts from Chinese LinkedIn published by company employees. The Copernicus team was responsible for developing the…
Read MoreA Look Back at the Top Cryptocurrency Markets From Christmases Past
The cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship Between Crypto-Advocates and Life Extension Number of Crypto Markets Increases by 10x During 2014 While many point to 2017 as the year in which the cryptocurrency markets saw their most dramatic growth, 2014 saw the…
Read MoreCould President Trump Be Setting Up The Next Big Bitcoin Rally?
So asked fund manager, Ross Gerber, on Twitter, without giving so much as an ounce of explanation. So let’s investigate… could it be a crypto-Christmas thanks to Trump, or did Gerber just deliver early Christmas for Twitter trolls. What Has Trump Done Now? Take your pick. Perhaps the scene was set by the announcement of Bitcoin proponent, Mick Mulvaney, as his acting Chief of Staff, who will, at the same time, continue his role as Trump’s Budget Director. Then, of course, there is Trump’s ongoing war of words with the Federal…
Read MoreFeed 7 Different Species at the River Forest Farm’s ‘Bitcoin Cash Zoo’
Back in October, members of the Bitcoin Cash (BCH) community discussed feeding chickens with mealworms over the internet from remote locations using BCH microtransactions. Now BCH users can provide food for horses, baby goats, roosters and more using River Forest Farm’s livestream and pay for feed using bitcoin cash. Also read: This Chicken Coop Feeder Is Powered by Bitcoin Cash Payments in Real Time The BCH Zoo: Feed 7 Different Species With Bitcoin Cash Bitcoin Cash fans thought it was pretty cool when Spencer Lambert (Redpepper261) created a mealworm dispenser that…
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