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South Korean Samsung Electronics saw its operating profits surge in the first quarter of this year compared to the previous year. The company attributes the increase to its semiconductor division which manufactures bitcoin mining chips and says that it expects the trend to continue into the second quarter. Also read: Yahoo! Japan Confirms Entrance Into the … Read more
Telegram shocked the world when the company announced its plan to host an initial coin offering. It quickly became apparent this would not be an ICO in the traditional sense, but rather a glorified IPO with a unique token. It now seems the firm has canceled its fundraising plans altogether. The real reason remains unclear, although SEC … Read more
All cryptocurrencies are still enjoying a lot of bullish momentum as of right now. Although it remains to be seen how long the positive trend will last, things look pretty promising for the Ethereum price as of right now. Thanks to strong overnight gains, the Ethereum price has surpassed $800 for the first time since early … Read more
A well-known bank in Belarus will begin offering a bitcoin contract for difference (CFD) product through its platform, a joint project with a Swiss bank. Meanwhile, Belarus is growing less crypto friendly, reportedly amending its decree to impose strict KYC rules. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Bitcoin CFD Product Mtbankfx is an accredited … Read more
A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitcoin Banknotes Debut in Singapore Digital asset … Read more
It will be rather interesting to see what the future brings for all cryptocurrencies as of right now. While most of the top currencies are still in the green, there is some concern over the momentum running out sooner rather than later. So far, it seems the EOS price will continue to struggle a bit, … Read more
Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $770 during Thursday’s trading sessions so far. The market’s bulls managed to break through the resistance around $713.24 on Wednesday, as we expected during our previous Ethereum price analysis. Chances … Read more
There aren’t that many things which could make Bitcoin or other cryptocurrencies better. To some people, bacon is the answer to everything. With Bacoin now being an actual thing, it is evident the cryptocurrency industry has taken at least twelve steps backward. It is expected that Bacoin will become the go-to cryptocurrency for purchasing bacon. … Read more
Coinbase is ready to enter the next phase of being a global cryptocurrency exchange. While they will not drop support for consumer-based trading, they are trying to make inroads among institutional investors. Offering block trades is one way of achieving this goal. Providing users with access to large-scale trading without disrupting the general order book … Read more
Popular cryptocurrencies such as Ethereum will need to keep evolving in the future. One of the upcoming developments to look forward to is sharding. This technological upgrade has been hinted at for quite some time now, yet it seems there is a proof of concept in place for users to play around with. This is a … Read more