Blockchain Cryptocurrency News Market

Number of IBM Blockchain Patents Surge 300% In One Year

The number of blockchain patents that IBM owns has surged by as much as 300% in a little less than a year. With other major corporations getting seriously involved in the industry, this goes on to show that the interest in the field is steadily increasing.  IBM Dominates Blockchain Patent Ownership Multinational information technology company Read more…

Blockchain Cryptocurrency News

Overview: Facebook Libra Project US Senate Hearing

Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by Bitconist, lawmakers are worried that Facebook’s Libra cryptocurrency could Read more…

Cryptocurrency News

Visa Predictably Backs $40 Million Raise in Cryptocurrency Security System

The longer you’ve been in the blockchain space, the more you’ve likely realized that traditional finance companies will come in and benefit from the technology as well. It started with patents and investments; now the companies inevitably begin to take a more active role. Then You Win JPMorgan released its cryptocurrency. Now, much of the Read more…

Bitcoin Cryptocurrency News

Bitcoin Disrupting Banking; Deutsche Bank To Cut 18,000 Jobs by 2022

Throughout history, the banking industry has always been vulnerable to a range of risks, but somehow, it has been able to survive for over three thousand years. But now, traditional banking is increasingly under threat from geopolitical uncertainty and, most significantly, from the advent of new technologies, including artificial intelligence and Bitcoin. As a result, Read more…

Altcoin Cryptocurrency News Litecoin

Litecoin Halving is just 28 days away; what to expect from the silver coin?

From the early lows of trading at $30 in the initial days of 2019 to trading at $118.4 seven months later, Litecoin broke major resistance levels and rose by over 288% this year. With just 28 days to go for the Litecoin block reward halving event, speculations and price predictions post-event have already begun. What to […]

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Cryptocurrency News

Bitcoin (BTC) At $20,000 By Year End Then Opens Up $40,000 Says Novogratz

Mike Novogratz, founder and chief executive of Galaxy Digital, the crypto-focused merchant bank, says bitcoin will be trading at $20,000 before the year is out. In a telephone interview with Bloomberg he also rode back somewhat on his previously reported statements about wishing he’d “sold more” when he offloaded some bitcoin as the price fell Read more…

Cryptocurrency News Market

Breakthrough In Iceland, Electronic Money (Crypto) Now Legal

Apart from Bitcoin miners preferring Iceland due to its cold weather, the country is making headlines in other fronts closely related to blockchain technology. The country’s financial watchdog, FME (Financial Supervisory Authority), has legalized the use of cryptocurrency in payments. Iceland’s Financial Supervisory Authority has authorized its first ever crypto institution, Monerium, which is based Read more…