Cryptocurrency News Ethereum

How This Solution Could Unlock Massive Adoption For Ethereum

Ethereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and Read more…

Cryptocurrency News

ECB to Set Objectives for Own Digital Currency, Lagarde Suggests

The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. After the event, new ECB President Read more…

Bitcoin Cryptocurrency News

Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from Read more…

Blockchain Cryptocurrency News

Just In: British Virgin Islands Launch Own Digital Currency

The government of the British Virgin Islands (BVI) is about to announce the details of its own digital currency. The project is developed in partnership with blockchain-oriented startup LIFElabs.io. BVI’s Digital Currency to Replace USD More governments are turning to proprietary digital currencies over the last year than ever before. China and the Marshall Islands Read more…

Bitcoin Cryptocurrency News

European Central Bank President Envisions Direct Digital Currency Use

The European Central Bank is exploring the potential for a digital currency, which would allow direct injections of liquidity to consumers, said Christine Lagarde, the bank’s new president. Digital Currency Optimism from IMF to ECB In her first hearing before the European Parliament as the head of the ECB, Lagarde continued spreading the message that Read more…

Bitcoin Cryptocurrency News

Wall Street Still Doesn’t Get What Bitcoin Might be Used For

Despite being one of the most discussed topics in the last few years, Wall Street still can’t figure out the utility of Bitcoin. Bitcoin Needs Greater Utility, Bakkt CEO Says Adam White, CEO of Bitcoin futures exchange operator Bakkt, said that “there needs to be greater utility” for Bitcoin. Nevertheless, it didn’t stop Bakkt, a Read more…

Bitcoin Cryptocurrency News

Bitcoin Protocol Receives Upgrade, Pronounced ‘Nuclear War Proof’

Bitcoin Core released the newest version of the protocol, 0.19.0.1. The move was seen as a strong sign BTC kept evolving, despite the recent rapid price crashes. New Version Introduces Default SegWit Addresses The biggest change in the new version for regular users is that the wallets using it will provide Bech32 addresses by default. Read more…

Bitcoin Blockchain Cryptocurrency News

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC.  China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto. The People’s Bank of China warned that ‘illegal actions’ involving digital assets would not Read more…

Bitcoin Cryptocurrency News

Fidelity Wins Trading License in New York, Hurray to Bitcoin

Bitcoin adoption on Wall Street is looking real as a $2.8 trillion financial giant wins a license to trade and custody it. Boston-based Fidelity today announced that it has received permission from the New York State Department of Financial Services (NYDFS) to offer bitcoin trading and storage services. The move allows the giant to create Read more…