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Tag Archives: 2017

Bitcoin news roundup, August 13, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Goldman Sachs states cryptocurrencies are getting harder to ignore According to Business Insider, Goldman Sachs analyst Robert D. Boroujerdi and his team sent a note to portfolio managers, stating that with a market cap of nearly $120 billion, it’s getting harder for institutional investors to ignore cryptocurrencies. Robert and ... Read More »

Bitcoin news roundup, August 6, 2017

This week’s summary of various cryptocurrency news and developments: New developments: The Bitcoin network split, and Bitcoin Cash (BCC) is now the fourth cryptocurrency by market cap On August 1, Bitcoin Cash (BCC) or Bcash (BCH) was created as a group of miners “forked” from the main Bitcoin blockchain, essentially running a new, incompatible software that changed the way the ... Read More »

Bitcoin news roundup, July 30, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A BTC-e operator was arrested, accused of laundering $4 billion, there may be a connection to the Mt Gox hack Various reports indicate that a 38-year-old Russian man recently arrested in Greece for money laundering was an operator at popular cryptocurrency exchange BTC-e. The man, Alexander Vinnik, is accused ... Read More »

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Bitcoin price Analysis 28 July 2017

Bitcoin’s Civil War is not yet over. These past 2 weeks, the price of Bitcoin was in limbo, trapped between breaking higher or breaking down to lower levels. An impending blockchain hardfork on August 1 is perhaps responsible for the tension that could send prices lower. But there is also the overarching bullish trend from late 2016 that is set ... Read More »

Bitcoin news roundup, July 22, 2017

This week’s summary of various cryptocurrency news and developments: New developments: BIP 91 has locked in with 84.7% support, but Bitcoin isn’t scaled yet Bitcoin’s scaling debate may finally be over, as Bitcoin Improvement Proposal (BIP) 91 has locked in with 84.7% support from miners who signaled for the proposal during 269 blocks, according to data from Coin.Dance. This allows ... Read More »

Bitcoin news roundup, July 16, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Darknet market AlphaBay shut down by authorities; alleged admin found dead in Bangkok Reports suggest AlphaBay disappeared alongside unfolding raids in Canada, Thailand, and the United States. When the raids were first reported a spokesperson stated that a suspect had been arrested in Thailand, and now it is known ... Read More »

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Bitcoin Price Analysis 12 July 2017

Will Bitcoin Tear Itself Apart? This week, the Bitcoin market sentiment seemed to suddenly turn from bullish to bearish overnight. Alternative cryptocurrency markets also turned bearish, as the sharp decline of bitcoin dragged everything down with it. Ethereum dropped 40% from $280 to a low $198 as at writing this. Bitcoin market dominance, a metric that tracks the market capitalization ... Read More »

Bitcoin news roundup, July 9, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Darknet market AlphaBay down for over +90 hours AlphaBay, one of the most popular darknet markets out there, has been down since Tuesday night. The online marketplace’s moderators, after over a day, informed users on Reddit that servers were being updated and that the marketplace would soon be back ... Read More »

Bitcoin news roundup, July 2, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoiners created a petition asking Amazon to accept bitcoin and litecoin payments A new petition on Change.org is asking Amazon founder and CEO Jeff Bezos to start accepting both bitcoin and litecoin payments on the online marketplace, stating that Amazon’s customers would benefit from the move. Low transaction costs, ... Read More »

Bitcoin news roundup, June 25, 2017

This week’s summary of various cryptocurrency news and developments: New developments: SegWit2x, a bitcoin scaling proposal, has been signaled by over 80% of the bitcoin network Back in May, the Digital Currency Group (DCG), one of the industry’s largest investment firms led by Barry Silbert, revealed a new bitcoin scaling proposal. Essentially, a group of 58 companies, representing 83.3 percent ... Read More »

GDS 2017 and the Media: Cocaine, MDMA, and Mushrooms

The Global Drug Survey 2017 brought some results that the internet found more interesting than others. For instance, some mainstream media outlets—even those without prior knowledge of the Global Drug Survey—wrote about the study’s findings on mushrooms. Another one, changes in MDMA’s average purity interested not the media, but even some of the core research team behind GDS. As mentioned ... Read More »

Bitcoin news roundup, June 18, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Bitmain announced a UASF contingency plan, the User Activated Hard Fork (UAHF) Bitcoin’s scaling debate is getting harder and harder to follow. A part of the Bitcoin community is to activate the BIP 148 User Activated Soft Fork (UASF) on August 1. The plan is to only accept blocks ... Read More »

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Bitcoin Price Analysis June 13 2017

The Flippening Bitcoin’s teething problems have not gone unnoticed. This week, Ethereum came closer to surpassing the market cap of Bitcoin. ETH price broke past $300 to an all time high of $400, backed by mainstream media and speculator bids on the flippening. Bitcoin’s scaling deadlock and high transaction fees, have led to doubt amongst investors over its continued dominance ... Read More »

Bitcoin news roundup, June 11, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A CNBC commentator claims Bitcoin could reach $1 million thanks to ransomware CNBC commentator Jim Cramer, on the show “Squawk on the Street”, recently responded to a previously made comment by Business Insider CEO Henry Blodget who said Bitcoin could reach $1 million. According to Cramer Bitcoin could reach ... Read More »

Bitcoin news roundup June 4, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Ross Ulbricht’s life sentence appeal has been denied Silk Road founder Ross Ulbricht saw his life sentence appeal denied this week by the U.S. District Court of Appeals. Ross Ulbricht’s legal team argued that the IP addresses central to the case were obtained without a warrant and as such, ... Read More »