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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
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
The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. … Read more
After heavy speculation over the past few days regarding whether bitcoin could break newfound resistance levels, the currency has spiked to approximately $9,561 at press time. This is the highest point for bitcoin since it struck $9,000 in mid-March, and it looks as though $10,000 may be right around the corner. Perhaps the biggest pusher … Read more