Tag Archives: News

Off Chain Labs, a startup focused on enterprise, is launching Arbitrum, a new Ethereum scaling solution, to the public. The company is also garnering funds from Coinbase Ventures. Off Chain Labs Looks to Improve EthereumMany likely see Coinbase only as a cryptocurrency exchange, but it has grown into so much more. Coinbase Pro, for example, is a platform designed for institutional investors, while Coinbase Ventures looks to invest in new blockchain and digital currency-based startups. While...

A bitcoin scavenger hunt is coming to university campuses this fall. Known as Satoshi’s Treasure, college students will have the chance to search for a $1 million BTC prize. Satoshi’s Treasure Is Here for Players to EnjoySatoshi’s Treasure is operated, as one source puts it, by a “mysterious company based on a tropical island.” Thus, it’s important to note right away that there’s likely to be some risk involved with the venture. Not much is known about the company beforehand, so students...

Analysts are predicting that bitcoin could reach $20,000 by the time the holiday season rolls around. A Big Bitcoin Boom Is ComingJust think. By Christmas, everybody’s favorite cryptocurrency could be worth a whopping $20,000. This wouldn’t be the first time. The currency nearly struck this mark by the end of 2017, and what’s interesting is that by this time that year (September), bitcoin was trading for about $5,000 per unit. At press time, it’s more than double this amount. Naturally, this...

Bitcoin price makes a retreat on Sunday's trading. | Source: ShutterstockThe bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar.Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com)Previously, when the bitcoin price initially made its way to $10,900, a level that has been considered to be a heavy line of resistance since early August, some technical...

Blockchain software solutions company Globex US Holdings Corp. is launching its new Open Order Book digital securities exchange software. Users can now bid on order-driven, digital asset-supported marketplaces through the Ethereum blockchain. Globex Is Coming Full CircleUsing their smartphones or mobile devices, customers of Globex can purchase, sell or trade any tokens (ERC-20) developed or included on the Ethereum network. Open Order Book comes equipped with a dashboard similar with that of...

An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: ShutterstockMany armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term...

Bitcoin price fell sharply on Saturday after failing to break beyond $11,000. | Source: ShutterstockThe bitcoin price abruptly dropped by more than five percent $10,949 to $10,204 in the past 24 hours at a point which technical analysts described as a critical moment for bitcoin.The bitcoin price has dropped by more than $500 overnight against the USD (source: coinmarketcap.com)As the bitcoin price initially made its way to $10,900, traders anticipated the dominant cryptocurrency to break...

Ransomware extortionists get counter-offered to zero. | Source: ShutterstockWhen ransomware attackers targeted the city of New Bedford, Massachusetts, two months ago demanding $5.3 million in Bitcoin, they must have felt very confident when turning down a counter-offer of $400,000 that the city presented. That feeling probably turned to regret soon thereafter as it has now emerged that the U.S. city did not bid up.According to Mayor Jon Mitchel, instead of offering more, the city decided to...

Bakkt picked a tough day to begin securing assets, but it's still been on bitcoin's highlight reel in 2019. | Source: ShutterstockBakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community's collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors' funds safe...

Bitcoin bull John McAfee wants to resolve his disagreement with the South China Zombie Research Centre over their "zombie ICO" partnership. | Source: REUTERS/Alexandre MeneghiniBitcoin bull John McAfee wants to resolve his dispute with the South China Zombie Research Centre over their "zombie ICO" partnership.China Zombie threatened to file a $100 million lawsuit against McAfee. In an angry tweetstorm, China Zombie claims McAfee trashed them in a white paper they had hired him to write to...