Tag Archives: Bitcoin

Brazil’s Biggest Brokerage is Entering the Crypto Market, Despite Reluctance From CEO

Brazil’s Biggest Brokerage is Entering the Crypto Market, Despite Reluctance From CEO

The CEO of Grupo XP, the largest independent brokerage in Brazil, said the firm is going to launch a Bitcoin and Ethereum trading exchange in the next few months. CEO Guilherme Benchimol made the remarks at a recent event in Sao Paulo. He mentioned how the decision by the firm hinged on the fact that about 3 […]

Billionaire Novogratz: Impossible For Bitcoin Not to Hit $10,000 by This Year

Billionaire Novogratz: Impossible For Bitcoin Not to Hit $10,000 by This Year

After a single day in the green, with many cryptocurrencies pushing monthly-highs, many advocates of this space have claimed that this market is on the verge of its next exponential growth cycle. While many wouldn’t classify these overly-bullish claims as crimes, so to speak, no one is as guilty to doing this as Mike Novogratz, the […]

Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan

Why The First 6 Months Of 2018 Have Been Devastating For Bitcoin Exchanges In Japan

Breaking news out of Japan today comes as yet another cryptocurrency exchange is hacked, seeing around $60 million worth of Bitcoin, Bitcoin Cash and MonaCoin lifted from Zaif, a Japanese based cryptocurrency exchange. We covered this story a little earlier on so therefore won’t harp on about Zaif too much. The big issue here is […]

Fidelity CEO Teases Crypto Product Announcement By “End of the Year”

Fidelity CEO Teases Crypto Product Announcement By “End of the Year”

Boston, Massachusetts-based, $6.9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm expected “by the end of the year,” if recent comments from Fidelity’s CEO holds true. Fidelity Investments CEO Reveals Work on Crypto Products, Announcement Coming While speaking during last week’s […]

Cryptocurrency Prices Will “Slowly Recover” Due to “Real Utility,” Blockchain Professional Says

Cryptocurrency Prices Will “Slowly Recover” Due to “Real Utility,” Blockchain Professional Says

Josh Fraser, co-founder at Origin Protocol, an Ethereum-based peer-to-peer (P2P) solution for enabling economic transactions without intermediaries, recently told MarketWatch he thinks cryptocurrency prices will “slowly recover.” Fraser explained in an email to the financial information website that the “shift towards development” will “see real utility, versus speculation” in the volatile crypto ecosystem. The Clemson University computer science graduate wrote […]

Bitcoin Price Analysis: BTC/USD Holding Key Supports

Bitcoin Price Analysis: BTC/USD Holding Key Supports

Bitcoin price failed to break the $6,410 hurdle against the US Dollar. BTC/USD declined, but it is holding important supports above $6,250. Important points Bitcoin is trading well above the $6,220 and $6,250 support levels. BTC/USD is trading inside a contracting triangle with resistance near $6,350 on the 2-hours chart. BTC price is positioned nicely […]

BLOCKCHAIN TO PREVENT ANOTHER ECONOMIC CRASH?

BLOCKCHAIN TO PREVENT ANOTHER ECONOMIC CRASH?

Like any other system, the global economy is susceptible to failure at many different points. Unfortunately, due to the interconnectedness of the world, an economic crisis in one country could have disastrous consequences for other countries. This was the case during the United States economic crisis of 2008 in which the stock market crashed. Economic […]

An Introduction to Lightning Network Apps (LAPPs): Scaling Bitcoin

An Introduction to Lightning Network Apps (LAPPs): Scaling Bitcoin

Unbeknownst to a majority of crypto-enthusiasts, one of the most exciting features of the recently-implemented Lightning Network is one of the least discussed: the ability to build decentralized-like apps (known as Lightning Network Apps or LAppps) on top of the Lightning Network mainnet. But Bitcoin isn’t turing-complete & doesn’t have smart contracts? No matter. Due […]