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cryptopress
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2017-08-22 00:18
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cryptopress
cryptocurrency
9y
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Bitcoin Legality Debate Heads to India’s Supreme Court
The lack of clear governmental policies over cryptocurrencies like bitcoin has seen a clarity-seeking petition land in India’s supreme court, the highest court in the country. Bitcoin is not officially
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Bitcoin Price Surges to $6,830, as Mainstream Adoption Continues
Earlier today, the bitcoin price soared to over $6,830, achieving $6,905 at its peak, triggered by the increasing adoption of high profile investment firms and payment services providers. Institutional
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Blockchain Technology Could Completely Change the Way Businesses Operate
Credit cards entered the scene in 1950, and since then, business transactions have never been the same. Now credit cards are more than short term loans, or credits, to an account–they are a way for people
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$100 Billion Hedge Fund Man Group Plans to Add Bitcoin to ‘Investment Universe’
Historic British hedge fund Man Group says that it will likely add bitcoin to its “investment universe” once U.S. exchange CME launches bitcoin futures contracts next month. The London-based Man Group,
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Why Bitcoin Now Wears a Suit and Tie, and Will Soon Reach $10,000
Cryptocurrencies were once the ‘bad boys’ of finance, traded on the Silk Road rather than Wall Street. But adoption by futures traders will ensure new found respectability for Bitcoin and push its value
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Craig Wright: Cash Was Never Gold & Neither Was Bitcoin
Bitcoin cash proponent Craig Wright says that the idea that bitcoin and bitcoin cash are fighting a civil war is “ludicrous” because the main blockchain has abandoned the original vision for the cryptocurrency
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China Bitcoin Crackdown to Extend to Low-Cost Mining Ban: Report
China’s Sichuan province is gearing up to extend its bitcoin ban to mining operations as part of its wider crackdown on the cryptocurrency industry. According to local media outlet Tencent Finance, the
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Won’t Let Bitcoin Go to Zero: CME Chief Quells Fears Ahead of December Bitcoin Futures Launch
Bitcoin futures contracts are scheduled to launch in one month on the world’s largest derivatives exchange, and market analysts have nothing to fear. That’s according to Terry Duffy, chairman and CEO of
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Bitcoin Cash Price Leaps 20% as Crypto Market Cap Trends Up
The bitcoin cash price rally isn’t over yet. The bitcoin offshoot recovered from its Monday recession to post a 20% gain on Monday, in part due to the successful deployment of an upgrade intended to bring
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ECB Vice President: Cryptocurrencies Won’t Replace the Fiat System
European Central Bank (ECB) vice president Vitor Constancio has said that cryptocurrencies will never replace the fiat system. According to a report from Reuters, Constancio said that they are
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Iran’s Central Bank Will Study “All Aspects” of Bitcoin
The central bank of Iran is undertaking a comprehensive study on cryptocurrencies with a particular spotlight on bitcoin. In a news conference yesterday, the Central Bank of Iran’s deputy director of
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Billionaire Bull Novogratz: Big Money is Coming to Bitcoin, Real Soon
The former hedge fund manager of Fortress Investment Group believes that institutional investors will adopt bitcoin in the next six months. Mike Novogratz, a retired Wall Street macro fund manager, firmly
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World’s Largest Crypto Exchange Suffers Outage amid Bitcoin Cash Craze
Korean exchange Bithumb, the world’s largest cryptocurrency exchange by trading volume, has pointed to an unexpected surge in transaction- and user-volumes leading to a server outage over the weekend.
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Bitcoin Price Increases to $6,550 as Market Regains Confidence in Mid-Term Growth
The bitcoin price has increased to over $6,550, after dipping below $5,600 on November 12. Analysts have attributed the recent increase in the price of bitcoin to CME Group’s confirmed launch of its bitcoin
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Bitcoin Price Gains Sees Swell Among Singapore Miners
A bitcoin mining company in Singapore is seeing a rising number of customers purchasing mining rigs as the cryptocurrency gains in value. SG Mining, based in Singapore, has seen sales shoot up in recent
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Singapore, Canadian Central Banks Unite on Blockchain Cross-Border Payments
Singapore’s central bank has announced a slew of initiatives during the ongoing FinTech Festival, including a notable partnership with the Bank of Canada on cross-border payments using blockchain. On the
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British Economist Worked Out 57% Bitcoin Interest Rate, Ahead of its Time
Even before bitcoin was invented British economist John Maynard Keynes had managed to work out the interest rate of the cryptocurrency: 57 percent. Born on the 5th June, 1883, in Cambridge, England,
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United Nations Blockchain Pilot Aims to Crush Global Child Trafficking
Two United Nations agencies have partnered the World Identity Network (WIN) to launch a blockchain pilot to help combat child trafficking around the world. Announced during the Humanitarian Blockchain
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Bitcoin Price Recovers to $6,550 as Bitcoin Cash Rally Reverses
There’s never a dull moment in the crypto economy. Following weeks of steady advances, the bitcoin price encountered a significant correction last weekend — its first since early September —
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Bitcoin Cash Soars and Falls Over the Weekend; Is it Sustainable?
The price of Bitcoin Cash achieved $2,800 for the first time in its short three-month history on November 12, as it became the sole beneficiary of the cancellation of the SegWit2x hard fork. But, it struggled
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