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At press time, bitcoin is trading for $9,600. This is $100 higher than yesterday’s price, and roughly $500 more than where it stood at the beginning of the week. The currency was experiencing strong resistance between $9,000 and $9,300, but has since moved past its technical barricades and has passed the $,500 point. $10,000 is … Read more
A lot of things are changing in the world of cryptocurrency as we speak. Although most people tend to overlook Litecoin in this regard, it may become a far more popular cryptocurrency in the near future. With various companies paying close attention to LTC and integrating it into debit card solutions, things will be getting … Read more
Even though most cryptocurrency users have all but forgotten about OneCoin by now, that doesn’t apply to everyone. Last month, a court case in the Netherlands documented how a teacher had pressured students into buying into this pyramid scheme. While greed brings out the worst in people more often than not, it is very disturbing … Read more
Financial institutions around the world are scrambling to launch Bitcoin trading services. It will be interesting to see who wins this race, although Goldman Sachs may be the first firm to cross the finish line. Their current plan is to launch derivatives trading rather than actually trade Bitcoin. It seems to make a lot of sense at this … 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
United Kingdom corporate research firm Gartner conducted a survey of nearly 300 Chief Information Officers (CIOs), in an attempt to separate hype from reality. The results are revealing, with a dismal 1% reporting “any kind of blockchain adoption within their organizations.” Also read: Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network … 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
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
After Reddit removed Bitcoin Core (BTC) as a form of payment for premium membership services this past March, the company seems to be planning to reinstate the digital asset soon. On Thursday, May 3 in an interview with Cheddar, the company’s chief technology officer (CTO), Chris Slowe, revealed it will be adding BTC again and … Read more
This week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong … Read more
