While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has been buying up Bitcoin (BTC) at a great rate in recent months. Indeed, since the May 11–12 rewards halving event, the fund has been accumulating
Month: May 2020
The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to
After setting new highs in the last day, the crypto market, led by bitcoin, has given back some of its record gains in the last 24 hours, although valuations remain close to record highs. Bitcoin dropped 1.16 points in the last 24 hours to $4,499.35, falling from a record $4,964.54 the previous day. However, the
Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let’s take a look at what’s happening with the largest cryptocurrency by market capitalization, BTC. Daily crypto market
It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, a discussion of cryptocurrency in Goldman Sachs’s
Blockchain game technology company, Enjin, announced that their plugin “EnjinCraft” is now available on the popular video game, Minecraft. According to the announcement made by Enjin, the blockchain plugin will allow players to integrate, trade, and use blockchain gaming items through the servers. By integrating blockchain technology, the company aims to make it easy to
After Roger Ver posted a video of a Hong Kong vending machine accepting Bitcoin Cash (BCH) and not Bitcoin (BTC), trader and YouTuber Tone Vays claimed Ver paid for the vending machine to avoid accepting BTC. Ver denied such claims. Ver demoed a Honk Kong vending machine accepting BCH Ver, an outspoken proponent of BCH,
Infamous cryptocurrency figure Craig Wright faces newfound legal challenges over more than 1 million Bitcoin (BTC) after addresses listed in the Tulip Trust were used to sign a message labeling him a fraud. Wright has long been a divisive figure within the cryptocurrency community, having made unverified claims of being Satoshi Nakamoto, the founder of
A paper published on May 29 by Ferenc Béres and a team of primarily Hungary-based researchers analyzed the Ethereum blockchain to find out how easily its transactions can be de-anonymized. The research, which has not yet been subjected to peer review, focused on several Ethereum-specific features that overall make the network easier to track than
Satoshi Nakamoto had pre-invented Bitcoin (BTC) GPU mining in order to defend the network, says early Bitcoin developer who worked with the Bitcoin creator in 2010. Laszlo Hanyecz, who is known for making the first real-world Bitcoin transaction, has also been credited with inventing Bitcoin GPU mining. However, in a Cointelegraph interview, he said that
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! Each participant then gets to remove one blockchain question — and a personal one — and they can substitute in two of their
Institutional demand for Bitcoin remains high, even as the price turned down after the block reward halving. Some in the space believe that if institutional and retail demand picks up, there will be a severe shortage of (BTC), which can quickly push its price higher. A small example can be seen in the way crypto
Craig Wright, the self-proclaimed Satoshi Nakamoto candidate and chief scientist at NChain, has lost an appeal against Bitcoin.com founder and Bitcoin Cash (BCH) evangelist, Roger Ver. Wright originally sued Ver for calling him “a fraud and a liar” in a now-deleted YouTube video in 2019, but the lawsuit was eventually dismissed, causing Wright to file
The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s price action also led to increased volatility in altcoins and some of the smaller altcoins have been showing impressive strength. So far, Theta Token (THETA) and Band Protocol (BAND) have been heavy
Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law, consolidation involves the merger of two or more cases that are similar in nature in order to optimize the judicial resources. BMA’s Suit Merged with Class
“Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. According to an announcement on May 29, Discovery Science will air the documentary series about Disney-incubated blockchain company Dragonchain on July 4. The “Open Source Money” series was jointly produced by media
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