Turkey Finance Minister Embraces ICO Hype for Already Troubled Economy

Turkey Finance Minister Embraces ICO Hype for Already Troubled EconomyIf regional Turkish media is to be believed, no less than the country’s Minister of Finance (Finmin), Berat Albayrak, has proposed looking into the wildcat world of initial coin offerings (ICOs) as a way to boost the economy. English-speaking press reports so far haven’t mentioned Turkey’s supposed turn toward state-backed crypto products, but they have […]

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Augur’s Prediction Market Is Underwhelming

2018 will likely be remembered as a landmark year in cryptocurrency, as a period in which many of the early initiatives and well-funded ICO startups launched. While many of these projects have exciting and potentially paradigm-shifting capabilities, it’s also important to recognize that the realities of such developments do not always mirror the anticipated possibilities. […]

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Bitcoin Price Watch: Currency at $8,200

At press time, the father of cryptocurrencies is up by approximately $200, and is now trading in the $8,200 range. The currency has been meandering between $8,000 and $8,200 for the past few days, with some ups and downs along the way. The important thing is that for the most part, the currency is maintaining […]

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The Daily: Russians Used Bitcoin to Hack US Elections, Trader Bets on the Price of BTC

The Daily: Russians Used Bitcoin to Hack US Elections, Trader Bets on the Price of BTCRussian intelligence officers accused of meddling in the 2016 presidential elections in the US have used bitcoin to finance their campaign, cover the tracks and obscure their identities, a new federal indictment suggests. You can check the details in today’s edition of Bitcoin in Brief. Also in the daily, billionaire Steven Cohen invests in crypto […]

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PotCoin Makes Special Appearance at North Korea Summit

Just two or three years ago, the headlines and events involving cryptocurrency that currently take place worldwide could not have been imagined. When PotCoin caught everyone’s attention for its appearance at the recent summit between leaders of the USA and North Korea days ago, it was certainly one such instance. Dennis Rodman arrived in Singapore […]

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Bitcoin Becomes the Go-To Store of Value in Iran in Wake of President Trump’s Decision

TheMerkle Iran BitcoinAn interesting situation is taking place in Iran as of right now. Although it is not a situation that favors the Iranian people, the overall trend is quite remarkable. Due to President Trump’s recent decision to renege on the Iran nuclear deal, growing numbers of Iranians are now looking to get money out of the country via Bitcoin. It’s an interesting occurrence, considering how Iran is also working on its own cryptocurrency. The Future of Cryptocurrency in Iran Nothing less than financial turmoil is taking place in Iran right now. With the United States choosing not to renew its nuclear deal with the country

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Bitcoin Prediction Market Fairlay Sees Sizable Volumes

Bitcoin Prediction Market Fairlay Sees Sizable VolumesIn the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few […]

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Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s Currency

Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s CurrencyEl Petro, the Venezuelan cryptocurrency, can now be purchased with Russian rubles, among other fiat currencies, President Nicolás Maduro announced. Companies from many countries, including the United States, want to buy the oil-backed crypto, he added. Venezuela’s head of state also said he decided to denominate the national currency, the bolivar.  Also read: Venezuela Recruiting […]

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