South Korea’s Bitcoin Crackdown Maybe Toned Down

The price of bitcoin, the world’s most popular cryptocurrency at present, took a beating Thursday after reports said South Korean Justice Minister Park Sang-ki was planning a ban on cryptocurrency exchanges in the country, which is a global hub for such trading platforms. But on Friday, the country’s finance minister reportedly made statements toning down the… Please follow and like us:

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Bitcoin Price Surges Ahead of Derivatives Launch

Bitcoin Price Surges Ahead of Derivatives Launch NEW YORK, December 8, 2017 /PRNewswire/ – The price of bitcoin continues its rally as the demand for the cryptocurrency surges. According to CoinDesk, the world’s biggest cryptocurrency surged past $16,000 for the first time on Thursday, just a day after it crossed the $14,000 mark. Bitcoin was traded… Please follow and like us:

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Bitcoin Futures, Elon Musk And Michael Novogratz

If there’s one thing you count on with Bitcoin, it’s that the cryptocurrency is never dull. The week, the value of Bitcoin has exploded to a record high. At the time of writing, the price as shown by Coindesk is just under $9,900, near the psychologically important $10,000 level for the first time. In overnight trading,… Please follow and like us:

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US State Department Explores Blockchain Tools

The U.S. State Department is exploring how blockchain technology could simplify all kinds of bureaucracy. “We’re interested to learn whether blockchain technology can have direct applications to many of the key features of our proposed redesign,” U.S. Deputy Secretary of State John Sullivan said Tuesday at a blockchain forum in Washington D.C., according to CoinDesk. Secretary… Please follow and like us:

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You Can Now Buy Apartments With Bitcoin

All the hype about bitcoin prices and rising alternative coins is fine and dandy. However, cryptocurrency also has many successful use cases beyond trading and storing for long-term investments, a strategy the blockchain community calls “hodling.” Bitcoin is real, digital money. Although it may attract less media attention than volatile exchange rates, bitcoin users can already… Please follow and like us:

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$25 Million Blockstack Fund Spearheads Decentralized Internet

Tech giants like Google and Facebook could soon be dethroned, knocked down from monarchs of the internet to well-funded public servants. How? Decentralization. Many of blockchain technology’s true believers already see the next reincarnation of the internet on the horizon: A decentralized web where direct peer-to-peer interactions, fueled by digital sovereignty, replace many of the business… Please follow and like us:

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Top News Before the Market Opens

Top News Before the Market Opens Fiat Chrysler soars on Chinese interest. Representatives of a well-known Chinese automaker made at least one offer this month to buy Fiat Chrysler Automobiles at a small premium over its market value, Automotive News has learned. The offer was rejected for not being enough, a source said. Meanwhile, other sources… Please follow and like us:

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From Bitcoin to Big Business, Blockchain Technology Goes Mainstream

The technology behind bitcoin and other cryptocurrencies is being looked at by more conventional companies and businesses. Known as blockchain, it is a public digital ledger that keeps a running tally of all cryptocurrency transactions within a distributed network of computers. Once they are recorded, transactions cannot be edited or removed, thus adding to the “chain.”… Please follow and like us:

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Why Startups Are Raising Cryptocurrency

One of the hottest trends among high-tech startups is using cryptocurrency to fundraise, a process called initial coin offerings. Forbes reported ICOs are “raising money at astonishing speed — amassing about $440 million over two years, mostly for developers of early-stage projects.” Billionaire venture capitalist Tim Draper told Reuters he is joining the ICO of a… Please follow and like us:

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Bitcoin Is Now More Valuable Than Ever

The value of Bitcoin continued to climb over the weekend, reaching a new all-time high by Monday morning. Each digital coin is now worth around $1,400, according to Business Insider. It’s unclear what is driving up the price of bitcoin, especially considering the US Securities and Exchange Commission rejected a bitcoin exchange-traded fund application in March,… Please follow and like us:

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