Pineapple Fund has donated $1 mln in Bitcoins to the Internet Archive this Saturday. Pineapple is a Bitcoin-only charity established in early December 2017, whose ultimate goal is to give $86 mln worth of Bitcoin to various nonprofit organizations. For early adopters, Bitcoin’s massive rise in value has been a remarkable ride from rags to riches, and some are now deciding to give back. The Pineapple Fund has been launched by an anonymous person who goes by the username /u/PineappleFund on Reddit. The donor has created a website to issue…
Read MoreCryptocurrency Market Rebounds Within 24 Hours, Ethereum, Bitcoin Cash, Litecoin Rally
Within merely 24 hours after experiencing a major correction during which every single cryptocurrency in the market plunged in value, the cryptocurrency market has completely recovered. Speedy Recovery The market valuation of cryptocurrencies surged from $480 billion to nearly $600 billion, to the point before the correction on December 21. Today, on December 23, all cryptocurrencies in the market from bitcoin to the top 100 cryptocurrency have surged in value. Specifically, Bitcoin Cash recorded the largest gain in the top 20 cryptocurrencies with a 52 percent overnight price increase. Others…
Read MoreThe NAGA Token Sale Has Ended with a Huge Success
The NAGA Token Sale, which was backed by the German FinTech company The NAGA Group AG, concluded last week, successfully raising over $50 million USD. The Token Sale Ends… The NAGA Token Sale came to its conclusion last week and the final numbers are in. Thanks to the 63,000+ backers who participated in the token sale, more than 50 million USD was raised, shattering the project’s original target goal of 30 million USD. The project was advised by renowned blockchain experts such as Roger Ver (Founder & CEO Bitcoin.com), Mate…
Read MoreUPS Is Betting Big on Blockchain to Lower Costs and Up Security
SHIPPING FUTURES UPS announced that they will join the Blockchain in Transport Alliance (BiTA), a group dedicated to utilizing blockchain tech in the trucking industry to secure data transfers and speed up transactions. In the U.S., our reliance on the shipping industry has grown tremendously with the increasing popularity of ordering items online instead of shopping in-store. In 2015, freight and logistics was nearly a $1.5 trillion industry, and that number is only expected to go up. But while we may be relying more and more on the shipping industry,…
Read MoreCBOE Joins Race to List the First Bitcoin ETF, With 6 Filings
The Chicago Board Options Exchange (CBOE) hopes to be the first U.S. exchange to list a Bitcoin ETF, an exchange-traded fund that tracks the price of bitcoin futures contracts. CBOE Files to List Bitcoin ETF According to documents posted on the exchange operator’s website, CBOE filed several proposed rule changes with the U.S. Securities and Exchange Commission (SEC) that would allow the exchange to list six Bitcoin ETFs on its trading platform. Specifically, CBOE seeks to list Bitcoin ETFs from fund providers First Trust, GraniteShares, and REX. None of these…
Read MoreExperts: Each Bitcoin Could be Worth $60,000 by December 2018
A YEAR OF HIGHS There’s no doubt about it: Bitcoin has proven itself to be the most resilient cryptocurrency around, overcoming a number of hurdles, including hard forks, in 2017. The currency hit a new record price of $19,796 per coin on December 17, before falling to its current price of $13,164 per coin (at the time of writing). Naturally, the record year has observers rife with speculation about the future of Bitcoin. Experts predict that, a year from now, the price of bitcoin could grow more than triple its…
Read MoreBloody Crypto Christmas?… Calm Down. It’s a Correction, Not a Crash
You probably woke up this morning to a portfolio streaked in red, and you likely came to the logical conclusion that the market is getting massacred at the moment. Congratulations, you’d be right. If you’re a veteran investor, this is par for the course, another adrenaline-inducing day in this amusement park we call a market. If you’re new to the game, you might regret investing in that magic internet money your coworker used to pay off his mortgage. Either way, there’s little reason to panic, and there’s even less of…
Read More1,500 transactions per second (XRP)
XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa (Source: 50,000 transactions per second, as of July 15, 2017). $XRP sets the standard for scalability at 1,500 transactions per second. #XRPtheStandard #undisputed pic.twitter.com/gNihfiPZ3E — Ripple (@Ripple) December 21, 2017 取引の処理時間は3.36秒 #undisputed #XRPthestandard $XRP pic.twitter.com/lnqAftGCVy — Ripple (@Ripple) December 22, 2017
Read MoreCrypto Exchange EtherDelta Warns Users of “Malicious Attacks”
Yesterday evening, cryptocurrency exchange EtherDelta sent out a series of tweets warning its users not to use the site. EtherDelta is reporting that they believe their DNS server has been compromised by a hack, and the unknown assailant has created a duplicate of the exchange’s domain. They described the phishing site to be a copy of their own site, but without the chat button on the navigation bar, nor the company’s official Twitter feed. It also holds fake order books. Following the attack, the cryptocurrency exchange suspended services in the…
Read MoreBitcoin ATM
Bitcoin is virtual currency but it does not mean you cannot exchange it in real cash. Bitcoin (and other currencies) ATMs are added every day, current speed is 4.29 ATMs/day. Like any other ATMs this service is not free, so before using check the fees carefully. 9.68% is average fee (calculated based on 1191 machines supporting buy operations, and 421 ATMs supporting sell operations). 10.73% is average buy fee and 6.69% is average sell fee. So with current BTC/USD rate of 16661.10 USD can be your buying fee 1787 USD…
Read MoreRipple price over $1
The price of Ripple’s XRP token has passed a dollar for the first time in its history. Currently the fourth-largest cryptocurrency by market capitalization, XRP passed the milestone just before press time, achieving an all-time high of $1.06, as per CoinMarketCap data. The rally in XRP follows months of sideways trading for the cryptocurrency, which took an upwards turn a week ago following positive news flow for banking-focused Ripple, as well as generally surging prices among alternative coins as investors look to move money out of an overstretched and falling…
Read MoreThings you need to know before start with Bitcoin
If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! Securing your wallet Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows…
Read MoreBitcoin Exchanges
Bitcoin Exchanges – Places to buy bitcoin in exchange for other currencies. Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. WARNING: Using cryptocurrency exchange is not like using usual trade exchange, volatility can be extremely high during each trading day ! International Bisq Bitstamp Bitwage Kraken Local Bitcoins Europe AnyCoin Direct Bitcoin.de BitPanda BL3P Paymium The Rock Trading Argentina SatoshiTango Australia Bitcoin Australia CoinJar…
Read MoreRobert Bosch Venture Capital makes first investment in distributed ledger technology
Purchase of IOTA tokens to support creation of new business models for the Internet of Things – Bosch is one of the pioneers actively driving the adoption of Distributed Ledger Technology in the automotive and Internet of Things industry – In buying IOTA tokens RBVC has made a strategic move in this enabling technology Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has purchased a significant amount of IOTA tokens, one of the largest cryptocurrencies in the world. In doing so it hopes…
Read MoreMy opinion about bitcoin and cryptocurrency
Bitcoin is a currency. I often hear and read opinions that it is merely a commodity which might be used as a means of payment since it does not meet some parameters which define the currency. Plus ça change… (i.e. “the more it changes, the more it’s the same thing”). The textbooks of biology are being re-written, theoretical physics constantly brings new interpretations of how does the universe look like and how does it work, … It is time to realize that no system is permanent (not even the financial…
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