Investment firm Pantera Capital has published an open letter that outlines a bullish sentiment and optimism for Bitcoin in the foreseeable future. In a lengthy Medium Post signed by CEO Dan Morehead and CIO Joey Krugg, the pair had plenty of positive notes regarding Bitcoin over the coming weeks and months. First, the letter pointed out that […]
Archive | April 13, 2018
FortuneWhat’s Behind Bitcoin’s Recent Price Jump? It May Be Tax DayFortuneBitcoin is on a roll, with the price of one of the virtual coins up more than 17% against the dollar in just one day. On Friday morning it climbed back up above $8,000 for the first time in two weeks, with an $8,050 value […]
Taxation is an important aspect of the cryptocurrency industry. It is very much possible the taxation season effectively triggered the recent Bitcoin price decline. With these concerns almost gone, the markets are rebounding strongly. This yearly cycle will continue to repeat itself for the foreseeable future. Taxation and the Bitcoin Price Sell-off In recent months,… […]
SBI Bank LLC, a commercial bank owned by Japanese financial giant SBI Holdings, is joining blockchain banking consortium R3.
BloombergBitcoin Has Another Quick Spike as Weekly Rally Surpasses 20%BloombergBitcoin jumped suddenly for the second time in as many days, extending its weekly gain to more than 20 percent. The world’s most traded cryptocurrency climbed nearly $400 in the span of an hour on Friday to $8,175, hitting its high of the day around 9 […]
Billionaire investor and tech pundit Tim Draper has predicted Bitcoin will be valued at USD 250,000 by 2022. The prediction was made in his usual flamboyant Draper style to an enthusiastic audience in front of the Draper University of Heroes in San Mateo California. During the short speech, Draper extolled the virtues of blockchain technology in […]
Bitcoin Press Release: Skycoin, a blockchain created by original developers of Bitcoin and Ethereum, is looking to address the faults found in previous blockchains. April 09, 2018, Shanghai – Bitcoin looked great on the surface, with very noble ideals of bringing financial freedom to those who would not deal with traditional finance any longer or […]
R3 is now proposing that its DLT platform, known as Corda, could link together a wide range of businesses, not just financial ones, across the globe.
Key Highlights ADA price moved sharply higher and cleared a major hurdle at $0.2000 against the US Dollar (tethered). There is a major bullish trend line forming with support at $0.2030 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct a few points in the near term, but… […]