Cryptocurrency & Blockchain Technology This El Salvador Village Adopts Bitcoin As Money On the coast of El Salvador, lies a small rustic beach town of 3,000 locals, known as El Zonte. A surfer’s paradise, the village is frequented by those seeking an authentic and rustic vibe. Like so many Central-American beach towns, the families of El Zonte were hit hard by the COVID-19 pandemic. While other tourist […] Written by July 14, 2020July 14, 2020
Cryptocurrency & Blockchain Technology Ethereum Is Beating Bitcoin In More Ways Than One Interest in bitcoin and other cryptocurrencies, including ethereum, is booming—fueled by unprecedented central bank stimulus measures and rocketing demand for alternative finance. The bitcoin price, up around 30% so far this year, is being left in the dust by huge gains seen by some smaller cryptocurrencies. Ethereum, the second most valuable cryptocurrency after bitcoin, has […] Written by July 14, 2020July 14, 2020
Cryptocurrency & Blockchain Technology Political Director For Ron Paul Quietly Mines Bitcoin And Builds New Blockchain Company From his ‘Silicon Prairie’ in Des Moines, Iowa, the former Political Director for the Ron Paul 2008 Presidential Campaign, Craig Bergman now runs a company called Vortex Blockchain Technologies Inc. (Vortex) as President and CEO. In a phone interview, Bergman discusses how he is quietly mining bitcoin and other cryptocurrencies for now, while he catches […] Written by July 13, 2020July 13, 2020
Cryptocurrency & Blockchain Technology DeFi Boom Has Saved Bitcoin From Plummeting Concept of DEFI. Getty As noted in prior publications, bitcoin has disappointed many onlookers with muted price action, post-halving, for which multiple narratives have taken blame. However, despite the aforementioned “finger pointing,” no analyst has suggested that bitcoin price could be much lower without one large phenomenon occurring over the past 3 months, DeFi explosion. […] Written by July 12, 2020July 12, 2020
Cryptocurrency & Blockchain Technology As Bitcoin Struggles, This Minor Cryptocurrency Has Soared 1,000% In Just Over 12 Months Bitcoin and cryptocurrencies have seen a surge in popularity in recent months due to unprecedented economic stimulus measures, with some smaller cryptocurrencies seeing massive gains. The bitcoin price, after quickly rebounding from a coronavirus-induced crash in March, has been treading water at just under $10,000 per bitcoin since May and has been on a slight […] Written by July 12, 2020July 12, 2020
Cryptocurrency & Blockchain Technology ‘Let’s All Get Rich’—Teen TikTok Traders Want To Send ‘Joke’ Bitcoin Rival Dogecoin To The Moon The world of bitcoin and cryptocurrencies has been set alight this week by the sudden surge of dogecoin—a “joke” cryptocurrency that’s doubled in value in the last two days thanks videos posted on controversial China-based app TikTok. Dogecoin, a tongue-in-cheek bitcoin rival named by Tesla TSLA chief executive Elon Musk as his “fav” cryptocurrency last […] Written by July 10, 2020July 10, 2020
Cryptocurrency & Blockchain Technology ‘Drastic’ Bitcoin Trading Slump Invokes ‘Crypto Winter’ Fears Bitcoin’s recent rally has stalled since its May supply squeeze, with the price repeatedly failing to breach the psychological $10,000 per bitcoin level. The bitcoin price, up around 30% since the beginning of the year, has traded sideways over the last two months— and a bitcoin trading volume slump has caused some cryptocurrency analysts to […] Written by July 8, 2020July 8, 2020
Cryptocurrency & Blockchain Technology Bitcoin Volatility Reached Lowest Since February Last Month Bitcoin markets suffered a notable malaise in June. (Photo by Chesnot/Getty Images) Getty Images Bitcoin price volatility declined in June, falling to its lowest in four months as the cryptocurrency’s markets experienced relative calm. While the world’s most prominent digital currency enjoyed some notable gains, rising roughly 10% on June 1, it traded primarily between […] Written by July 8, 2020July 8, 2020
Cryptocurrency & Blockchain Technology Trump’s Former Sanctions Chief Joins Bitcoin Investigation Firm Advisory Board As Part Of Expanded $49 Million Investment Sigal Mandelker, then-U.S. Treasury undersecretary for terrorism and financial intelligence, speaks … [+] during a 2018 conference on cyber law enforcement at the Department of Justice in Washington, D.C. The U.S. Justice Department charged nine Iranian citizens with hacking hundreds of companies and academic institutions to steal more than $3.4 billion in trade secrets and […] Written by July 7, 2020July 7, 2020
Cryptocurrency & Blockchain Technology Bitcoin Prices Enjoy Breakout After Lackluster Week Bitcoin prices rose nearly 5% in 24 hours amid a backdrop of weak volatility. (Photo by Jakub … [+] Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Bitcoin experienced a modest breakout recently, climbing roughly 5% in under 24 hours after trading within a reasonably defined range since late June. The digital currency’s price rose […] Written by July 6, 2020July 6, 2020
Cryptocurrency & Blockchain Technology Bitcoin Investor Brock Pierce Announces 2020 Presidential Run, Promises Stimulus Check Overhaul The U.S. is gearing up for the looming 2020 election amid a bleak economic backdrop blighted by the coronavirus pandemic. A crowded Democratic primary field has given way to former vice president Joe Biden, the presumptive nominee, who is set to take on Donald Trump for the White House in November. Now, following outspoken rapper […] Written by July 6, 2020July 6, 2020
CoronaVirus Cryptocurrency & Blockchain Technology Amid COVID-19, U.S. Senate Talks Bitcoin, Ethereum, Stablecoins And Digital Dollars On June 30, the U.S. Senate Banking Committee held a hearing that covered a whole host of policy topics on the digitization of money and payments. In what was described as a move closer to the U.S. Digital Dollar, the hearing also covered a broad swathe of issues that impact the crypto and blockchain space. […] Written by July 5, 2020July 5, 2020
Cryptocurrency & Blockchain Technology Tesla Market Cap Eclipses Bitcoin On July 2, 2020, Tesla TSLA shares soared after it reported that 90,650 vehicles were delivered in the second quarter, surpassing Wall Street expectations. Elon Musk appears to be undefeated by current economic conditions, unlike his competitors. Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on […] Written by July 3, 2020July 3, 2020
Cryptocurrency & Blockchain Technology U.S. Senate Debates Digital Dollar; New Mystery Bitcoin Fund Disclosed Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. Senator Tom Cotton advocated for the digital dollar as a means to get ahead of China. Tasos Katopodis/Getty Images CRYPTO MARKETS Bitcoin flatlined into the end of 2020’s second quarter with […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Fix Issued For ‘Serious’ Bitcoin Wallet Security Threat Bitcoin hacks and thefts have exploded since bitcoin’s epic 2017 bull run saw the price balloon to around $20,000. The bitcoin price has fallen by more than half since its late-2017 all-time high but bitcoin users remain a popular target for hackers. Now, researchers have warned “millions” of bitcoin users might have been exposed by […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Crypto Bull Anthony Pompliano Just Convinced Comedian Bill Burr To Buy Bitcoin Bitcoin and cryptocurrency interest has boomed over recent months—pushed on by an unprecedented global central bank stimulus response to the coronavirus crisis. Bitcoin advocates have criticized government and Federal Reserve-led central bank measures, with some high profile investors turning to bitcoin as an inflation hedge. Now, comedian Bill Burr, one of the world’s biggest comics […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology $5.3 Billion Hedge Fund Expands Bitcoin Mining Investment Bitcoin cryptocurrency representation is seen in this illustration photo taken in Poland on June 18, … [+] 2020 (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Core Scientific announced yesterday that the hedge fund and investment manager Horizon Kinetics increased its partnership with the U.S. based blockchain hosting provider. Horizon upgraded its cryptocurrency […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Bitcoin As A Payment System — Crypto Cards And The Rocky Road They Travel (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The financial space was rocked by the news that German fintech group Wirecard filed for insolvency owing €3.5bn. Not only a financial failure but also a seemingly “elaborate and sophisticated fraud,” according to EY, the company’s auditor for more than a […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Bitcoin Demand Drives $1.4 Billion Ransomware Industry In The U.S. dpa/picture alliance via Getty Images Imagine going to your car, and finding that you are unable to unlock the doors or start the engine. Then you notice a message on your phone. It’s a ransom note indicating that your automobile has been locked down and taken hostage. You are required to send bitcoin to an […] Written by July 1, 2020July 1, 2020
Cryptocurrency & Blockchain Technology Equities Buoy Bitcoin, But Price Headwinds Are Unchanged Data analyzing in trading market. Working set for analyzing financial statistics and analyzing a … [+] market data. Data analyzing from charts and graph to find out the result. Getty Earlier today, Pfizer PFE reported that its early stage Covid-19 vaccine trials have produced optimistic results. The news sent equities and bitcoin higher, while dropping […] Written by July 1, 2020July 1, 2020
Cryptocurrency & Blockchain Technology Equities Buoy Bitcoin, But Price Headwinds Are Unchanged Data analyzing in trading market. Working set for analyzing financial statistics and analyzing a … [+] market data. Data analyzing from charts and graph to find out the result. Getty Earlier today, Pfizer PFE reported that its early stage Covid-19 vaccine trials have produced optimistic results. The news sent equities and bitcoin higher, while dropping […] Written by July 1, 2020July 1, 2020
Cryptocurrency & Blockchain Technology $190 Million Bitcoin Fund Tied To Former ‘Sheriff Of Wall Street’ Solidifies Role As Institutional Leader Benjamin Lawsky, then-superintendent of the New York State Department of Financial Services, speaks … [+] during a Senate hearing in April 2015. Lawsky now works at a company with ties to what appears to be a new leader in institutional cryptocurrency investing. AP Photo/Mike Groll New York Digital Investment Group (NYDIG) today disclosed, in an […] Written by June 30, 2020June 30, 2020
Cryptocurrency & Blockchain Technology Top Banks Say Gold May See A Record Rally By 2021—Why Bitcoin Can Too Top banks expect a gold rally in 2021, buoyed by three major factors. BLOOMBERG NEWS Morgan Stanley MS , JPMorgan JPM , and Goldman Sachs GSBD all foresee the gold price rallying by 2021. According to a research paper from Bloomberg, the precious metal’s uptrend can fuel a Bitcoin upsurge. In a paper entitled “June […] Written by June 28, 2020June 28, 2020
Cryptocurrency & Blockchain Technology Tesla Needs The Bitcoin Lightning Network For Its Autonomous ‘Robotaxi’ Fleet Illustration of generating artificial lightning in Nikola Tesla’s laboratory. Tesla, the technology … [+] company, should implement the Bitcoin Lightning Network as the primary payment rail for its Robotaxi autonomous fleet. Bettmann Archive Ever since Tesla TSLA announced its plan for an autonomous “Robotaxi” ride-sharing network in April 2019, the company propelled itself beyond just […] Written by June 28, 2020June 28, 2020
Cryptocurrency & Blockchain Technology How Bitcoin May See An Unexpected Boost From A DeFi Token Bubble Burst Night Takeoff Of The American Space Shuttle. 3D Illustration. Getty Decentralized finance—better known as “DeFi”—has become a buzzword in the cryptocurrency industry over recent weeks. Migrating financial services to a decentralized platform has been viewed by many as a killer use case for cryptocurrency, specifically Ethereum. Jon Jordan, communications director at DappRadar, said in an […] Written by June 27, 2020June 27, 2020
Cryptocurrency & Blockchain Technology Kraken Granted $150k To Open Source Bitcoin Project BTCPay Kraken’s $150k grant is the largest ever received by the open source project BTCPay Server. BTCPay One of the Bitcoin ecosystem’s most highly-regarded open source projects just bagged another substantial grant to build out its technology stack. BTCPay Server, a self-hosted Bitcoin payment processor and technology solution, is the recipient of a $150,000 grant (paid […] Written by June 26, 2020June 26, 2020
Cryptocurrency & Blockchain Technology Legendary Investor Jim Rogers Warns Governments Will Have To ‘Eliminate’ Bitcoin Bitcoin has made its fair share of enemies since it was created a little over ten years ago. The bitcoin price, soaring to around $20,000 per bitcoin in late 2017, thrust cryptocurrencies into the global limelight, prompting governments to clamp down on their use and companies such as Facebook to create their own. Now, legendary […] Written by imesocial June 25, 2020June 25, 2020
Cryptocurrency & Blockchain Technology New Bitcoin Mining Machines Hit US As Major Firm Inks Deal With Bitmain An Antminer ASIC mining machine produced by Bitmain. © 2018 Bloomberg Finance LP A principal player in North America’s Bitcoin mining sector just inked a deal for a mammoth import of next generation mining equipment from Malaysia, a move in step with other North American mining companies which are scaling operations to compete with their […] Written by imesocial June 25, 2020June 25, 2020
CoronaVirus Cryptocurrency & Blockchain Technology PayPal’s Reported Interest In Bitcoin Trading Comes Amid Covid-19 Induced Bounce PayPal is reportedly gearing up to offer bitcoin trading through its payment apps. SOPA Images/LightRocket via Getty Images PayPal PYPL doesn’t want to be left out of any cryptocurrency bounce and is reportedly gearing up to enable its hundreds of millions of customers to buy and sell digital tokens. Coindesk, citing three people familiar with […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology You Can Now Buy Bitcoin At CVS, 7-Eleven, Rite-Aid Bitcoin ATM operator LibertyX now offers bitcoin purchases at the United States’ most popular convenience and drug stores. Per a PR Newswire released on Jun 22, the company has finished rolling out the buying option which will be available in “20,000 retail locations around the U.S., including major convenience store and pharmacy chains, such as […] Written by imesocial June 24, 2020June 24, 2020