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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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A ‘Real Bubble’: Warren Buffett Not Impressed by Bitcoin Price Surge or ICOs
Billionaire investing icon Warren Buffett is bearish on cryptocurrency in all its forms. He argues that the bitcoin price is a “real bubble”, and he is not optimistic about the potential of initial coin
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Overstock Shares Surge 30% After $500 Million ICO Announcement
Shares of online retailer Overstock (OSTK) surged 30% this week after chief executive Patrick Byrne revealed key details about the initial coin offering (ICO) for one of Overstock’s portfolio companies
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Litecoin’s Charlie Lee: GBMiners Has Stopped Signaling For SegWit2x Bitcoin Hard Fork
On October 27, Litecoin creator and former Coinbase executive Charlie Lee revealed that GBMiners, a major mining pool operator, has stopped signaling for the SegWit2x hard fork expected to occur in
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Bitcoin Price Stalls at $5,800, but Bitcoin Cash Rallies
The crypto markets made a net decline today, after — for the first time in three weeks — the bitcoin price did not set an all-time high on Friday. Instead, bitcoin posted a minor decline toward $5,800
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Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank
The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment. First reported by CCN in early 2014, the country’s
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India’s Bitcoin Boom: Zebpay Forecasts 500k New Users Monthly in 2018; Hits 1 Million App Downloads
Indian bitcoin wallet and exchange platform Zebpay strikes a million downloads of its app-only service on Android and forecasts half a million new users a month, up from 200,000 currently. Launched in
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Kakao Operator Opens New Korean Cryptocurrency Exchange ‘Upbit’ in Beta
South Korean FinTech startup Dunamu, an affiliate of South Korea’s largest messaging platform Kakao, has opened its new cryptocurrency exchange Upbit for testing in a beta phase. Dunamu first revealed
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3 Factors Helping Bitcoin Price Recover Near $6,000
Three factors converged to help the bitcoin price recover past $5,960 on Thursday, enabling the flagship cryptocurrency to place itself within striking distance of $6,000. Bitcoin Price Recovery Targets
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Dutch Bank Suggests Bitcoin Mining Consumes Too Much Electricity
According to an article published by Business Insider, Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report claims that a single bitcoin
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PayPal Co-Founder Peter Thiel: Bitcoin Has ‘Great Potential Left’
Billionaire investor Peter Thiel believes bitcoin critics are “underestimating” the cryptocurrency’s “great potential” to become the “cyber equivalent of gold”. Peter Thiel: Bitcoin Has ‘Great Potential
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Bitcoin Easily Used in Money Laundering, Funding Terror: UAE Central Bank Governor
The governor of the United Arab Emirates (UAE) central bank has criticized bitcoin by deeming it an unofficial currency lacking supervision. Mubarak Rashed Al Mansouri, governor of the Central Bank of
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SegWit2x Opponents Sound Off on Metronome
On Tuesday, Bloq — a crypto firm co-founded by SegWit2x developer Jeff Garzik — announced that it is developing Metronome, a cross-blockchain cryptocurrency that will be distributed through a December
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‘Bubblish’ Bitcoin ‘Just an Application’ of Blockchain, Says China Renaissance CEO
The head of a major Chinese investment bank has claimed bitcoin isn’t as significant as its underlying blockchain technology. Fan Bao, chief executive of investment bank China Renaissance, believes bitcoin
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Patrick Byrne Reveals tZERO ICO Details
Overstock chief executive Patrick Byrne has revealed details about the initial coin offering (ICO) for tZERO’s SEC- and FINRA-compliant token exchange. Byrne expects the tZERO ICO to “raise a fortune”
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Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles
The crypto markets experienced a moderate recovery on Thursday, as the bitcoin price began to recover from the dip that it entered following the Bitcoin Gold hard fork. Many altcoins achieved slight price
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Newsflash: Bitcoin Price Jumps to $5,848, Up Nearly $500 in a Day
It has been a day of gains for bitcoin price in Thursday’s trading as price struck $5,848 following a sharp spike before midday (UTC). Bitcoin prices slipped this week following the Bitcoin Gold hard fork,
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South Korea’s Central Bank Chief: Bitcoin is a Commodity, Not a Currency
Bitcoin will be recognized and regulated as a commodity rather than a currency, the head of Korea’s central bank told lawmakers at a parliamentary audit. Speaking at the National Assembly audit of the
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University of Sydney’s Red Belly Blockchain Scales 660,000 Transactions/Sec; 11.5x of Visa, 94,000x of Bitcoin
New trials from the University of Sydney’s Red Belly Blockchain have found that it can process financial transactions 50 times faster than originally thought, making it quicker than Visa for worldwide
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Plexcoin ICO Organizer Held in Contempt by Quebec Superior Court
PlexCoin ICO organizer Dominic Lacroix has been found in contempt of court in Quebec for violating a ruling that barred Lacroix and his associated companies from holding an initial coin offering in Quebec
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Legendary Investor Jim Rogers Believes FinTech Will Replace Banks and Cash
Veteran investor Jim Rogers believes that banks must invest in the financial technology (fintech) space or they face being replaced. Chairman of Rogers Holdings and Beeland Interests, Inc. and co-founder
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