bitcoinist Tag Posts Index

Coronavirus Threatens to Close Wall Street, Bitcoin Remains Resilient

"With the coronavirus epidemic now reaching New York, many banks are evacuating their staff. While Wall Street could struggle in the upcoming months as a result,

Tim Draper Invests $1 Million into ‘Digital Court’ Blockchain Project

Billionaire investor Tim Draper has invested a million dollars in Aragon, a blockchain-based startup aiming to facilitate the creation and management of DAOs, and

US SEC to Decide on Last Remaining Bitcoin ETF in 1 Week

Jake Chervinksy, GC for Compound Finance, tweeted this morning about his pessimistic sentiment towards the Wilshire Phoenix Bitcoin ETF approval. The SEC has denied

3 Reasons To Be Bullish on Ethereum Right Now

Ethereum has been leading crypto markets in recent weeks and its return to bullish territory yesterday has reversed any pullback momentum. These three reasons are

Visa Head of Crypto Sees Bright Future for Bitcoin

Cuy Sheffield, Head of Crypto at credit card giant Visa, envisions Bitcoin Sats as the internet native unit of account for purchases less than one cent. He sees

Bitcoin Pullback Accelerates, Is The Crypto Bull Run Over?

The crypto correction that began over the weekend has accelerated into Monday morning as bitcoin slides back towards support. Altcoins, which have rallied hard recently,

Ethereum Conference Concludes With ETH 2.0 Launch Optimism

The annual Ethereum hackathon in Denver, Colorado was concluded yesterday with a number of significant project developments and renewed optimism for the ETH 2.0

US Household Debt Hits Record Level, Is Bitcoin The Solution?

Recent reports indicate that the level of household debt in the US has reached a record high of over $14 trillion. Dollar devaluation and a flawed banking system

Crypto Markets Red as Bitcoin Begins Correction, How Low Will BTC Drop?

Market corrections are healthy and necessary after a long period of gains. Bitcoin remains above $10k this morning but pullback potential is growing as the altcoins

Has the New Bitcoin Bull Market Officially Begun?

Bitcoin’s status as an uncorrelated asset makes it extremely difficult to gauge the timing of the market cycle. Its volatility makes it easy for traders to get

OTC Bitcoin Trading Volume Reaches $300 Million in Chile 

Chileans traded almost USD $300 million in Bitcoin over LocalBitcoins.com last week. This jump in over-the-counter trading points to greater shifts in the global

Bitcoin ‘Lambo Line’ Indicator Suggests Bull Market Inbound

According to a blog post from ChartStar, the number of ‘Lambo’ mentions on Reddit turns out to be a surprisingly good indicator for predicting strong Bitcoin market

IOTA Trinity Wallet Vulnerability Reported, $1.6 Million Stolen

The IOTA team has halted the coordinator and are currently investigating reports of a possible vulnerability in its Trinity wallet. The team has recommended that

Int’l Securities Commission Wants Stricter Crypto Exchange Measures

The International Organization of Securities Commission (IOSCO) is calling on global regulators to get tougher on crypto exchanges. IOSCO Has Money Laundering Concerns

Block.One Voice Social Network Beta Goes Live

Block.One, the company behind the EOS blockchain, is launching its Voice blockchain-based social network today on Valentine’s day. Voice has been one of the most

Crypto Gamers Spent $1 Million on Virtual Land This Week

Crypto has long been considered a natural fit for gaming and virtual property exchanges. This use case for blockchain assets is accelerating, as almost USD $1 million

Coinbase CEO Gets Payment Blocked By US Bank, Crypto Fixes This

Coinbase CEO Brian Armstrong took to Twitter to complain about his recent user experience with two popular legacy fiat payment apps. Armstrong reportedly tried to

China Files 84 Patents For Central Bank Digital Currency

Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a

Global Crypto Market Cap Breaks $300B For First Time Since August

The crypto markets have gone through a clear revival in the past six months, breaking above $300B in overall market capitalization for the first time in over 6 months.

Fed Chairman Shows Support For Private Crypto Transactions

Fed Chairman Jerome Powell testified this morning in front of the House Financial Services Committee, on the state of the U.S. economy and monetary policy. During