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Bitcoin and Altcoins Staging a Comeback

7.6.2019
Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...

Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’

7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...

What to Expect When the IRS Alters Its Bitcoin Tax Policy

7.6.2019
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for

Kodak Launches a Blockchain-Enabled Document Management System

7.6.2019
The 130-year old company is offering blockchain-based document management

Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash

6.6.2019
Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss on May 26th as a flash crash has made it unlikely borrowers will be able to repay the debt

More Details Emerge on Team Behind Facebook’s Secretive Blockchain

6.6.2019
News outlets are beginning to identify key staffers behind Facebook's "GlobalCoin" project

S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency

6.6.2019
S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey

Binance Confirms Stablecoin Offering Coming Soon: Report

6.6.2019
Binance, the top crypto exchange by adjusted trading volume, has told Bloomberg it will issue its own stablecoins, likely within weeks

Congressman Budd Defends Blockchain in Testimony to House Ways and Means Committee

6.6.2019
"The bottom line is this is a national security issue and of utmost importance that we continue to develop this technology in the United States," said Congressman Budd

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

6.6.2019
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February

Bitcoin Miners 'Highly' Profitable Again, China Still Dominates

6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...

EOS Startup Block.One Is Using Its Billions to Buy Back More Equity

6.6.2019
Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback

This USD 100M Fund Goes Long on Ether, Plans Bitcoin, Filecoin Funds

6.6.2019
Darma Capital, a USD 100 million investment firm, is already looking for investors that believe that Ether, the native token of the Ethereum platform, is poised for a 10-year bull run, Bloomberg reported, citing Andrew Keys, a managing member in Darma. The firm also aims to create similar funds...

Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm

6.6.2019
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures

Kleiner Perkins, Galaxy Invest in EOS Blockchain-Based Gaming Startup

6.6.2019
Galaxy Digital, Kleiner Perkins, and SVK Crypto fund a Twitch-based gaming platform

Ripple and MoneyGram Don't Comment as Acquisition Rumors are Flying

6.6.2019
After a rumor broke out yesterday that Ripple, a California-based crypto start-up focusing on the banking sector, has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Both have stated that they do not comment on speculations and rumors as a rule,...