Blockbid COO David Sapper believes the hype surrounding Bitcoin and other cryptocurrencies is just getting started, and will one day permeate our everyday lives. ‘More Mainstream Adoption in the Coming 18-24 Months’ Plenty of people are feeling the Bitcoin blues these days — and understandably so. The first and foremost cryptocurrency has plummeted from all-time highs challenging $20,000 to a yearly low below $6000. Still, even though an undeniable bubble obviously popped at the onset of 2018, the hype surrounding Bitcoin 00 hasn’t even come close to reaching a fever…
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Markets Update: Cryptocurrency Prices Rebound During the First Week of July
Cryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270.4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well. The trend reversal has given enthusiasts and traders a bit more optimism as most cryptocurrency markets seem to be rebounding back from the recent correction of close to 70 percent since the highs last December. Also read: Yahoo! Japan Confirms Entrance…
Read MoreViber’s Plan to Beat WhatsApp: Its Own Cryptocurrency in Russia
Viber wants to launch its own cryptocurrency in Russia for its new services platform in an effort to beat its biggest rival, WhatsApp. Viber Considers Russia for Its Cryptocurrency Launch The popular messaging app Viber is the daughter company of Rakuten, also known as the ‘Amazon’ of Japan. In fact, the electronic commerce and Internet giant is no stranger to cryptocurrencies — as it was one of the first companies in the world to accept Bitcoin in 2015. Rakuten announced it will launch its own Rakuten Coin in February 2018 based on its…
Read MoreIs a New Exchange to Blame for Ethereum’s Network Congestion?
When demand for Ethereum rises, so do the gas prices — but what is causing them to rise in the middle of a bear market? A new exchange may be to blame. Traffic Jam Congestion in the Ethereum network has skyrocketed during the past few days, causing a dramatic hike in gas prices. The present average gas price is competing with the highs of January — even though transaction volume is down over 50 percent. According to a fiery Twitter thread posted by Ethereum interface company MyCrypto, the bottleneck is…
Read MorePR: Vertex Launches ICO Aftermarket
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. ICO is a concept that elicits strong reactions form people across the board. After the 2017 ICO craze in which projects with little more than a concept on a white paper were getting millions in funding, this innovative crowdfunding mechanism has left a bad taste…
Read MorePaul Krugman Trolls Ripple, Accidentally Making a Case for Bitcoin Cash
“If a digital currency isn’t actually used for any transactions, is it, you know, actually a currency?” tweeted Nobel laureate economist with the ears of American progressive politicians, Paul Krugman. He was prompted by a colleague’s recent article regarding a push by Ripple’s XRP to urge users to do more than just speculate. Mr. Krugman, it turns out, backed into one of the main arguments for bitcoin cash (BCH). Also read: 27% of England’s Male Millennials Say Bitcoin Better Investment Than Property Paul Krugman Trolls Ripple, BTC Useless. Evil. Antisocial.…
Read MoreDecentral Launches Its New Cryptocurrency Wallet Jaxx Liberty in Beta
One of the main parts in the vision many Bitcoin supporters have is that the cryptocurrency will become the de facto single currency of the future. But for now its success has brought an explosion of altcoins and ICO tokens. Hoping to tap into the challenge to handle all this crypto cacophony, Decentral developed Jaxx Liberty. Also Read: Luxury Marketplace Fancy Offers Discount for Bitcoin Purchases Jaxx Liberty Decentral, the Toronto-based multi-coin platform founded by Anthony Di Iorio, has announced the beta launch of Jaxx Liberty. The new cryptocurrency wallet…
Read MoreWendy McElroy: Crypto and the Structure of Class Warfare
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 2 Crypto, and the Structure of Class Warfare The wall separating state and society is crumbling. Or, rather, the state is taking a jackhammer to it in an aggressive attempt to control every aspect of productive and cooperative life…The people you deal with on a daily basis are ceasing to be good neighbors, honest merchants, and disinterested strangers. They are becoming state informants who monitor your expression, your money, your behavior and attitude in…
Read MoreAssociations Challenging Crypto Ads Ban to Proceed with Lawsuit
Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. The claimants want to proceed with filing the lawsuit, despite the policy update. Also read: Study Links Social Media Posts to Bitcoin Prices Class Action Against Giants Will Be Filed The class action lawsuit against a number of international IT-corporations will be filed in court, despite the change in…
Read MoreIf You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators
While everyone is looking for an indication that institutional money is about to flood into bitcoin and revive the market, we just got another conformation that crypto has indeed entered the big leagues. Companies in the industry are now putting former regulators on their payroll, as is common for Wall Street mega banks, government-supported telecom monopolies, competition-stifling tech giants and the like. Also Read: Bitcoin in Brief: New Patents, Research Centers and a $300M Fund Another Regulator Gets a Big Paycheck Along the announcement of its new $300 million a16z…
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