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by jamie.redman1
Wed Apr 04, 2018 12:43 am
Forum: In the news
Topic: [2018-04-03] Our Love and Hate Relationship with Bitcoin Miners
Replies: 0
Views: 289

[2018-04-03] Our Love and Hate Relationship with Bitcoin Miners

It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mine...
by jamie.redman1
Tue Apr 03, 2018 6:16 pm
Forum: In the news
Topic: [03-03-2018] Markets Update: Cryptocurrency Prices See Some Slight Recovery
Replies: 0
Views: 287

[03-03-2018] Markets Update: Cryptocurrency Prices See Some Slight Recovery

The price of bitcoin and a slew of other cryptocurrencies have started to see some slight recovery on Tuesday, April 3rd’s morning (EDT) trading sessions. The entire economy of over 1,500 different cryptocurrencies has increased in value surpassing a $278 billion market capitalization with 5-20 per...
by jamie.redman1
Wed Mar 28, 2018 7:27 am
Forum: In the news
Topic: [2018-03-28] Markets Update: Cryptocurrency Prices Begin to Sink Once Again
Replies: 0
Views: 321

[2018-03-28] Markets Update: Cryptocurrency Prices Begin to Sink Once Again

Cryptocurrency prices have dropped considerably over the past 48 hours since our last markets update. Currently, the entire digital asset ecosystem has lost more than $32 billion since that time, and BTC/USD values have once again dipped under the $8K range. Traders are seeing quite a bit of bearis...
by jamie.redman1
Mon Mar 19, 2018 9:11 pm
Forum: In the news
Topic: BCH Markets & Infrastructure Roundup: Optimism in the Air
Replies: 0
Views: 302

BCH Markets & Infrastructure Roundup: Optimism in the Air

This week bitcoin cash (BCH) prices touched a low of $850 per coin, after following suit with the majority of other digital assets taking losses over the past five days. The price started to reverse yesterday evening and has climbed 11 percent in value touching $992 during the March 19 afternoon tr...
by jamie.redman1
Mon Mar 19, 2018 2:57 pm
Forum: In the news
Topic: The Current Crypto-Bear Run Will be Nothing Like 2014
Replies: 0
Views: 309

The Current Crypto-Bear Run Will be Nothing Like 2014

Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to t...
by jamie.redman1
Sat Mar 03, 2018 6:06 am
Forum: In the news
Topic: 1200 Australian New Agencies Are Selling Fractions of Crypto
Replies: 0
Views: 353

1200 Australian New Agencies Are Selling Fractions of Crypto

Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Residents from Australia will be able to purchas...
by jamie.redman1
Sat Mar 03, 2018 6:03 am
Forum: In the news
Topic: [2018-03-02] Data Company Tracks Crypto-Adoption Using Social Media
Replies: 0
Views: 353

[2018-03-02] Data Company Tracks Crypto-Adoption Using Social Media

Just recently the audience intelligence company, Pulsar, published a report examining the mainstream adoption of cryptocurrencies. Rather than measure interest using prices, trade volume, and market capitalization the comprehensive study analyzed data using over 5 million mentions across social med...
by jamie.redman1
Thu Feb 08, 2018 10:55 pm
Forum: In the news
Topic: Crypto-Enthusiasts Are Actually Buying Lamborghinis
Replies: 0
Views: 324

Crypto-Enthusiasts Are Actually Buying Lamborghinis

The luxury Italian sports car, Lamborghini, otherwise referred to as the “Lambo” has become a ‘holy grail’ for some cryptocurrency enthusiasts. As ridiculous as $200K+ automobile may sound to some individuals after bitcoin’s rise in 2017 that dream is now attainable for a lot of early adopters. A L...
by jamie.redman1
Wed Feb 07, 2018 4:31 pm
Forum: In the news
Topic: Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price
Replies: 0
Views: 381

Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price

According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a phony invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary ...
by jamie.redman1
Sun Feb 04, 2018 4:22 am
Forum: In the news
Topic: [2018-02-03] European Power Company Will Not Sell Electricity to Crypto-Miners
Replies: 0
Views: 366

[2018-02-03] European Power Company Will Not Sell Electricity to Crypto-Miners

This week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. The Italian multinational renewable-energy corporation located in Rome, Enel, made a statement on Thursday that explains it will not sel...
by jamie.redman1
Wed Jan 31, 2018 11:56 pm
Forum: In the news
Topic: Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses
Replies: 1
Views: 442

Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses

The state of Hawaii is planning to regulate the use of bitcoin and digital currencies that would require licensure to transmit cryptocurrency-based funds. Two bills introduced by a group of partisan Hawaiian lawmakers are focused on digital currencies as a monetary instrument under the state’s Mone...
by jamie.redman1
Wed Jan 31, 2018 3:41 am
Forum: In the news
Topic: Chinese Investors Continue to Obtain Bitcoin Using Thriving OTC Platforms
Replies: 0
Views: 386

Chinese Investors Continue to Obtain Bitcoin Using Thriving OTC Platforms

A year ago today China’s central banks temporarily scared the cryptocurrency community when they stopped bitcoin exchanges from operating. Since then the top mainland-based digital asset exchanges moved abroad to more friendlier regions, but Chinese citizens are still acquiring bitcoin whether the ...
by jamie.redman1
Tue Jan 30, 2018 9:00 pm
Forum: In the news
Topic: U.S. Regulators Send Tether and Bitfinex Subpoenas
Replies: 0
Views: 329

U.S. Regulators Send Tether and Bitfinex Subpoenas

There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reas...
by jamie.redman1
Sat Jan 27, 2018 10:27 pm
Forum: In the news
Topic: ICE Conducts Investigations That Exploit Blockchain Activity
Replies: 0
Views: 311

ICE Conducts Investigations That Exploit Blockchain Activity

On January 25 the U.S. Immigration and Customs Enforcement (ICE) deputy assistant director, Greg Nevano, explained in a testimony that the agency was using “blockchain exploitation tools” to combat cryptocurrency use in illicit markets. Nevano’s testimony revolved around the growing opioid addictio...
by jamie.redman1
Sat Jan 27, 2018 6:41 pm
Forum: In the news
Topic: Role Playing Game Imperatum Adds Dynamic ‘Bitcoin Mode’ Difficulty
Replies: 0
Views: 313

Role Playing Game Imperatum Adds Dynamic ‘Bitcoin Mode’ Difficulty

Fans of the Role Playing Game (RPG) Imperatum now have the chance to play an all-new level in their favorite Sci-Fi simulator. Imperatum has added a “Crypto Update” to the Volantis City level which brings different difficulty options based on the real-time price of bitcoin. Imperatum is a popular R...
by jamie.redman1
Fri Jan 26, 2018 11:04 pm
Forum: In the news
Topic: Mogo Plans to Launch Bitcoin Mine in British Columbia
Replies: 0
Views: 408

Mogo Plans to Launch Bitcoin Mine in British Columbia

Fintech Company Mogo Plans to Launch Bitcoin Mine in British Columbia This week the publicly traded firm Mogo Finance Technology Inc. (TSX: MOGO) announced the creation of a new subsidiary called Mogo Blockchain. The fintech company’s new endeavor is a partnership with the firm DMG Blockchain Solut...
by jamie.redman1
Fri Jan 26, 2018 2:11 am
Forum: In the news
Topic: Canadian Financial Service Versabank Launches Digital Asset Vault
Replies: 0
Views: 309

Canadian Financial Service Versabank Launches Digital Asset Vault

The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital propertie...
by jamie.redman1
Thu Jan 25, 2018 3:42 am
Forum: In the news
Topic: 3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin
Replies: 0
Views: 315

3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin

Cryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that was sent to Turkey. Last month bitcoin was used in ...
by jamie.redman1
Fri Jan 12, 2018 8:13 pm
Forum: In the news
Topic: Paul Krugman Is Excited to See Bitcoin Have Issues
Replies: 0
Views: 381

Paul Krugman Is Excited to See Bitcoin Have Issues

Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky...
by jamie.redman1
Sun Jan 07, 2018 4:04 am
Forum: In the news
Topic: [2018-01-06] Finance ‘Guru’ James Altucher Is Launching a Cryptocurrency Exchange
Replies: 0
Views: 442

[2018-01-06] Finance ‘Guru’ James Altucher Is Launching a Cryptocurrency Exchange

Lately across the web, mainstream media has been highlighting an individual named James Altucher an American author, hedge fund manager, podcaster, and financial jack-of-all-trades. These days Altucher has been riding the trend of the bitcoin phenomenon, and some people call him a “cryptocurrency g...
by jamie.redman1
Fri Jan 05, 2018 2:13 pm
Forum: In the news
Topic: [2018-01-04] French Entrepreneur’s Case to Overturn the Bitlicense Dismissed
Replies: 0
Views: 367

[2018-01-04] French Entrepreneur’s Case to Overturn the Bitlicense Dismissed

This week the longstanding New York Supreme Court case involving the state’s Bitlicense was dismissed. The lone bitcoin entrepreneur, Theo Chino, who has been fighting in court for years, relentlessly trying to get the regulatory framework created by Ben Lawsky overturned, says he will appeal the d...
by jamie.redman1
Fri Dec 29, 2017 11:40 pm
Forum: In the news
Topic: Singapore Judge Dismisses $43M High Profile Bitcoin Case
Replies: 0
Views: 709

Singapore Judge Dismisses $43M High Profile Bitcoin Case

Recently Singapore had its first high profile legal case involving over 3,000 BTC in a dispute between the UK-based company B2C2 and the local cryptocurrency exchange Quoine. According to the Singapore Commercial Court documents, Judge Simon Thorley has dismissed the plaintiff B2C2’s case for US $4...
by jamie.redman1
Fri Dec 29, 2017 2:55 am
Forum: In the news
Topic: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy
Replies: 0
Views: 590

Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy

Bitcoin and other cryptocurrency assets are precious and some of them have grown over 1300 percent in value this year. Although, with the price on exchanges being higher than ever before its now a bit more difficult for those who want to ‘cash out’ or make significantly large purchases without bein...
by jamie.redman1
Mon Dec 25, 2017 8:45 pm
Forum: In the news
Topic: Markets Update: Bitcoin Price Moves Sideways During the Holiday Lull
Replies: 2
Views: 741

Markets Update: Bitcoin Price Moves Sideways During the Holiday Lull

The price of bitcoin has dropped considerably since it touched its all-time high of $19,600 per BTC on December 17. Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22. Bitcoin markets have rebounded since then, and the price per BTC across g...
by jamie.redman1
Sat Dec 16, 2017 4:29 pm
Forum: In the news
Topic: Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves
Replies: 1
Views: 540

Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves

Twenty-four hours ago the decentralized cryptocurrency bitcoin and its US$300Bn market capitalization just surpassed the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $291Bn). Bitcoin’s value has grown immensely in 2017 outperforming nearly every world currency, stock, and ...
by jamie.redman1
Fri Dec 15, 2017 9:04 pm
Forum: In the news
Topic: [2017-12-15] Danish Billionaire Renames the Rungsted Capital Ice Rink to ‘Bitcoin Arena’
Replies: 0
Views: 419

[2017-12-15] Danish Billionaire Renames the Rungsted Capital Ice Rink to ‘Bitcoin Arena’

According to a few regional news outlets, a Danish bitcoin billionaire and the co-owner of the Rungsted Seier Capital ice rink, Niklas Nikolajsen, plans to change the name of his skating hall and call it the “Bitcoin Arena.” In addition to this news, one of the professional hockey players who plays...
by jamie.redman1
Fri Dec 15, 2017 9:02 pm
Forum: In the news
Topic: [2017-12-15] Malaysia Issues Proposed Digital Currency Regulations for Public Review
Replies: 0
Views: 409

[2017-12-15] Malaysia Issues Proposed Digital Currency Regulations for Public Review

Just recently, the Bank Negara Malaysia (BNM), the country’s central bank, has issued drafted digital currency regulatory guidelines for citizens and businesses residing in the region. The new regulations will fall under the country’s anti-money laundering and anti-terrorism financing act of 2001. ...
by jamie.redman1
Sun Dec 10, 2017 5:52 pm
Forum: In the news
Topic: Here’s What You Should Know About Cboe’s Bitcoin Futures Launch
Replies: 0
Views: 536

Here’s What You Should Know About Cboe’s Bitcoin Futures Launch

The largest U.S. options provider, the Chicago Board Options Exchange (Cboe), is set to launch its bitcoin-based futures products today at 6 pm EDT. Currently, investors and speculators are interested in what will happen when the derivatives products launch, because at the moment there are no open ...
by jamie.redman1
Thu Dec 07, 2017 3:04 am
Forum: In the news
Topic: Bitcoin Rockets Past $14,000 Astonishing Everyone
Replies: 0
Views: 534

Bitcoin Rockets Past $14,000 Astonishing Everyone

The price of bitcoin has once again reached a new price high on December 6 touching $14K across exchanges worldwide. The value touched an all-time high of $14,047 and quickly dropped to the $13,500 range shortly after. At the moment order books across exchanges are going wild. The bitcoin price loc...
by jamie.redman1
Sun Dec 03, 2017 5:17 pm
Forum: In the news
Topic: Markets Update: Global Bitcoin Prices Exceed $11,800
Replies: 0
Views: 463

Markets Update: Global Bitcoin Prices Exceed $11,800

The price of bitcoin is once again breaking new all-time highs on Sunday, December 3, 2017. The decentralized currency has rebounded considerably as markets touched an average of US$11,800 after it dipped below the $10K region just five days ago. The bitcoin price train is moving northbound again, ...

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