At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon…
It was announced yesterday that BitGrail, the Italian cryptocurrency exchange, lost 17 million of the cryptocurrency NANO (XRB). To date, the hack is worth over $170 million USD. A week ago, RaiBlocks rebranded to Nano and jumped in price nearly 40% in 24 just hours.The rebranding was highly anticipated by most in the project’s community…
Another day, another cryptocurrency announcement. At this point, most countries, cities, and states appear to be divided into two parties regarding the cryptocurrency sector: those who support it, and those who are against it. Today, we found out where the state of Arizona stands within this discussion. What Happened? Arizona appears to be team cryptocurrency.…
February 9, 2018 – Bitcoin price watch. On Friday, Bitcoin continued to rally despite the continuing stock market woes. Currently, BTC is trading at $8,547.10 as of 12:30 PM EST, which is near today’s highest point. Bitcoin On Upward Swing Looking ahead, it seems further gains could materialize for BTC. The price actions over the…
Bitcoin predictions: Cryptocurrencies have been stabilizing over the past three days – something rather unprecedented. Markets had witnessed Bitcoin’s upside volatility last year but found it equally volatile on the downside; the slump from $19,000 to less than $6,000 in last month alone vindicated the instability for both trends. In spite of the massive…
Last month, the Eastman Kodak Company (NYSE:KODK) made company history. Joining the blockchain industry, the Rochester, New York-based company revealed to the public its KODAKOne platform. This platform is entirely powered by blockchain technology. To no surprise, this announcement caused the stock to jump almost 100%. While this was all very exciting, it seems now…
It appears we have yet another company interested in blockchain technology. While not as far-fetched as, say, Long Island Iced Tea (now Long Blockchain Corp. (NASDAQ:LTEA)) moving into blockchain, I was still a little taken back, and also very excited, to hear that Wien Energie is testing a number of blockchain-based services. Wien Energie’s Latest…
This morning, BTC price broke through the $8,500 barrier and hit a high of $8,621.28. Currently, it is trading at around $8,158.85 as of 12:30 PM EST. Further Gains Ahead? As mentioned in our analysis yesterday, a resistance level was established for BTC at $8,300. This was tested earlier today, and a couple of bullish…
Bitcoin prediction: It’s been the roughest week yet for cryptocurrencies as the price of Bitcoin sank to just over $6000 – its lowest since November. This, coupled with regulatory fears and ICO scams, has led to increasingly bearish sentiments towards the cryptocurrency market in general. It has lost $340 billion USD since the start of…
Altcoin Update: Cryptocurrencies are finally making a comeback, after a rough start this week. Various countries trying to implement anti-crypto regulations has caused major panic selling in the last few weeks. Despite the major market corrections, it seems that crypto investors have gained some confidence. Most coins were up in the double-digit percentages yesterday and climbing.…
