Japan To Introduce New ICO Regulations
By Sam Mitchell
McAfee Stubborn On $1 Million Per BTC By 2021
By Sam Mitchell
John McAfee, founder of McAfee antivirus software and one of the biggest cryptocurrency enthusiasts, predicts that bitcoin price will reach $1 million by end of 2020. His public assessment is no surprise. McAfee’s unreserved opinions on matters cryptocurrency and politics make him no stranger to controversy. It’s not the first time he has shared insane bitcoin price predictions. Back in mid-2017, McAfee said that bitcoin would be worth half a...
Bakkt Announces $182 Million In Raised Funds
By Sam Mitchell
Bakkt has announced that it has raised $182.5 million. The raised funds are to be used in the building of its global digital assets platform and its development of Bitcoin futures product. New Opportunities For Bakkt According to a post on the Medium, made by the firm’s chief executive Kelly Loeffler, the funding round was made possible through its cooperation with twelve of its partners. The ICE (Intercontinental Exchange), the...
Simon Cocking Discusses Facebook Coin, Bitcoin, And More
By Sam Mitchell
Simon Cocking while appearing in an interview with Dailyiconews gives an interesting perceptive about the growing significance of technology in redefining the modern world. The ICO advisor is also the Editor-in-Chief at CryptoCoinNews, the Senior Editor at Irish Tech News, a Blockchain business mentor, and an accomplished public speaker with years of experience. Popular Topics In The Crypto Economy Interest In Bitcoin Is On The Rise As editor-in-chief of Coin...
A South Korean Firm Acquires Bitstamp
By Sam Mitchell
Bitstamp has officially been acquired by NXMH, a European subsidiary of NXC Corp. from South Korea. It has been confirmed that NXMH acquired 80 percent stake at the company and Nejc Kodrič will retain his position as the CEO. According to the agreement, the two companies will continue operating independently with plans to work together in areas such as research in the future. Bitstamp Acquired By A Belgium-based Investment Firm...
Ethereum, The Game Changer
By Sam Mitchell
No one would have thought 10 years ago that blockchain technology would reach the heights it has achieved today. No one even thought of that 15 months ago, back in December 2017 after blockchain went mainstream. It’s incredible that today we are talking of an evolution that is slowly coming to be, the blockchain revolution. Back before the news went viral, only a few cryptos were making headlines with their...
Positive Actions Made By Financial Institutions So Far
By Sam Mitchell
The recent movement of financial institutions into the cryptocurrency space has become a popular trend in many countries. Bitcoin and other cryptocurrencies as well have become a new institutional investment asset. As a result, they have drawn an ever-expanding list of financial technology, investment institutions, and banking among others. Besides global expansion and innovation of the crypto markets, crypto exchanges are generating systems to guarantee that the Blockchain network will not...
How To Avoid ICO Scams
By Sam Mitchell
The crypto craze is back. And investing in crypto and blockchain project is now more tempting than it has been in the last 12 months. People are turning their attention back to cryptocurrencies. And as they are doing so, fraudsters see an excellent opportunity to defraud the naïve. Initial Coin Offering is to a swindler, what a crypto exchange is to a hacker; a goldmine. It’s the riskiest decision you...
Tom Lee: Trump’s Comments Could Carry Bitcoin’s Price To New 2019 Highs
By Sam Mitchell
On Thursday, the US president came out to speak his mind about cryptocurrencies. In a series of tweets published on the night of July 11, Donald Trump criticized cryptocurrencies specifically Bitcoin and Facebook’s upcoming coin – Libra. Trump went on to demand that companies should seek a banking charter and present themselves as subject to both the US and global regulations if they want to “become a bank”. While it’s...
Who Pays for Bitcoin Mining?
By Jason Bloomberg
Of all the properties of Bitcoin, the one that always seemed the most magical was how miners got paid in Bitcoin seemingly out of nowhere. Abracadabra! As the value of Bitcoin (or any other proof-of-work crypto) goes up, so too do the rewards. It’s like being able to print your own money, right? Just one problem: the value of the crypto that miners make has to come from somewhere. And...
What Is Cryptocurrency Mining?
By Sam Mitchell
The past few years have seen bitcoin and other cryptocurrencies slowly grow into popularity. The number of people trading in crypto is always growing, save for the recent turbulence that has brought the industry to its knees. But, it’s not the first time cryptocurrencies have been discredited, they always fight back and when they do, the crypto craze will return again. But this also doesn’t mean that nobody wants crypto....
John McAfee, A Cryptocurrency Enthusiast, To Run For US Presidency Despite IRA Chase
By Sam Mitchell
The Internal Revenue Service (IRS) is charging John McAfee with felony charges. However, he is on the run and it is not yet clear how the case will unfold in the coming days, weeks, or months. He is running for the US Presidency in 2020 and it is not yet clear what implications the charges may have on his campaigns. He is an avid supporter of Cryptocurrencies and the significance...
Possible Outcomes Of The New FATF Crypto Service Providers’ Rules
By Sam Mitchell
The crypto industry is experiencing some exciting times. As the enormous institutions and giant companies come in, significant changes loom which will need to be addressed in quick succession. Now there are some expected changes from the new FATF guidelines regarding cryptocurrencies service providers. The first change requires all crypto exchanges to verify all their user identities whenever amounts over $1000 in assets are traded. In this article, we shall...
Professor Cesare Fracassi Speaks On The Expanding Blockchain Initiative
By Sam Mitchell
University Blockchain Research Initiative (UBRI) was launched earlier in the year with an objective of promoting a greater understanding of digital payments, crypto and Blockchain in general. In an interview by Ripple Insights that highlights research, people and institutions, Professor Cesare Fracassi who is the director of UBRI initiative at the centre for Analytics and Transformational Tech shared his thoughts on the initiative and its impact. The professor wasn’t shy...
Why Governments Want To Regulate Crypto
By Sam Mitchell
Over the past decade, cryptocurrencies have become the most popular assets. Digital currencies have gained popularity by becoming one of the decentralized features in the modern world. The transparency and decentralized agenda has made it an enemy of most states in the world today. Regimes have challenged the anonymity associated with cryptocurrencies. Governments are, in turn, introducing stricter regulation policies towards the same. Russia is the latest to introduce a...
The Nostalgic Roller Coaster Ride On Bitcoin
By Sam Mitchell
Investing in the world’s most popular cryptocurrency is like buying a roller coaster ticket. Investors are experiencing nostalgia emanating from a series of drastic price changes. Some turns are good but not all. The difference being, this is not an amusement park, money is at stake. So, if investing in bitcoin is in your plans, then you will need to learn a few tricks and tips on how to manage...
Crypto Can Beat The S&P – Morgan Creek
By Sam Mitchell
Morgan Creek Digital is betting a total of $1 million that the crypto will beat the S&P 500 in the coming ten years. Morgan Creek Digital is an institutional manager with a great focus on digital assets and the cryptos. The Cryptos Are Not Worthless’ Says Morgan Creek The future of the virtual currencies has been a topic of discussion lately. However, Morgan Creek Digital holds a different opinion when it...
All You Need To Know About Cryptocurrency Trade
By Sam Mitchell
Cryptocurrency trade involves purchasing and selling different virtual currencies and exchanging them with other coins or fiat currencies. Although it somehow resembles forex, it's different in terms of the technology it uses among other things. To get into the Crypto sector, you need a coin, Cryptocurrency exchange, and a wallet. How To Get Your First Coin Getting a Cryptocurrency is your first step when joining the Crypto sector. Exchanges are...
Cryptocurrency Mining Now Allowed In US Political Campaigns
By Sam Mitchell
The United States Federal Election Commission is the official body that is charged with conducting elections in the US. In a new twist, the commission has issued a new advisory opinion in regards to the use of cryptocurrency and elections. Henceforth, people are now allowed to make contributions to political campaigns by giving out their computer power to be used for mining cryptocurrency for the political candidates of their choices. The...
XRP Was Worst Performing Top-10 Crypto in H1 – But BNB Shone
By Umberto Papa
The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains. The third largest cryptocurrency by market capitalization closed at $0.396411 on June 30, representing 12.45 percent gains on the 2019 opening price of $0.352512 seen on Jan. 1, according to data source CoinMarketCap. While not terrible by any normal standards, the double-digit price gain pales in comparison...
Latest Crypto News
October 14, 2019
Going on 2020, What Crypto And Blockchain Investors Have To Know
The markets have revealed a lot in 2019. We now have to use some of those insights coming into 2020. Considering what happened in 2018, 2019 wasn’t such a bad year per se. We had a bull run during the first half of the year, although the prices stagnated and dropped at some point, it’s […]
October 12, 2019
Find Love on Blockchain
From use cases in energy, finance and insurance industry, blockchain now has a new use case; finding love. Yes, you read it right, blockchain is now a solution to finding your soulmate. If you have tried other technologies like tinder, then you know that not everything is real and the world can be very deceiving. […]
October 10, 2019
Celebrities Totally Into Bitcoin
Bitcoin used to be synonymous with the black market purchase of illegal goods. But now celebrities have joined the crypto craze. We explore some of the celebrities who have joined the crypto bandwagon or shown interest in the new wave of digital money. Kanye West Besides suing a crypto project for trademark infringement, Yeezy himself has […]
