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Trading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago […]
The post Robinhood App Valued at $5.6 Billion – Now Available in 10 US States appeared first on Bitcoin News.
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In today’s Bitcoin in Brief we are covering a number of stories related to China. According to statements by Chinese officials, the People’s Republic is developing a national standard for blockchain technologies, which should be introduced next year. Also, the Zcash Foundation is taking steps to protect the network of the privacy coin from ASIC-based […]
The post Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs appeared first on Bitcoin News.
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There is no such thing as a boring day in the world of cryptocurrency. Circle is one of the more prolific applications when it comes to blockchain technology and supporting cryptocurrencies. In their most recent move, they added Monero to Circle Invest, the company’s mobile application. It’s a very interesting development, considering how much opposition this altcoin has received. Circle Invest Embraces Monero It is quite interesting to see how Circle pays close attention to cryptocurrencies providing privacy and anonymity support. Given the fact that those currencies are being scrutinized by regulators all over the world, one would have expected interest in Monero,Powered by WPeMatico
Well-known hedge fund manager Michael Novogratz has launched a cryptocurrency benchmark index in partnership with Bloomberg. The index, designed to track the performance of the largest, most liquid coins, consists of 10 cryptocurrencies at its inception. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Crypto Index Galaxy Digital Capital Management and Bloomberg announced […]
The post Novogratz Launches Benchmark Index of 10 Cryptocurrencies appeared first on Bitcoin News.
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Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US […]
The post Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance appeared first on Bitcoin News.
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Just recently the Bitcoin Gold (BTG) developers announced the project’s consensus algorithm Equihash was “threatened” in a blog post called “A Response to the ASIC Threat.” In the post, the BTG project’s team members explain that they might change the cryptocurrency’s current Equihash algorithm due to the recent launch of the Antminer Z9 mining rig. […]
The post Cryptocurrency Projects Aiming to be ‘ASIC Resistant’ Have Little Success appeared first on Bitcoin News.
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With 80 percent of all bitcoins already mined, and the hashrate of the network reaching all-time highs, in today’s Bitcoin in Brief we are covering some news from the world of crypto mining. An Italian company is developing mobile mining farms, while in Russia a mining hotel offers an opportunity to legally earn cryptocurrency. And, […]
The post Bitcoin in Brief Friday: Farms on Wheels, a Hotel, and Even a Simulator for Miners appeared first on Bitcoin News.
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Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero […]
The post Japanese Regulator Pressures Exchanges to Drop Privacy Coins appeared first on Bitcoin News.
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When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were […]
The post Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge appeared first on Bitcoin News.
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Typically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to […]
The post Georgia Has Become Eurasia’s Cryptocurrency Mining Epicenter appeared first on Bitcoin News.
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