Tag Archives: Bitcoin Businesses

Bitmain’s $18 Billion IPO in Jeopardy as Q2 Earnings Report Looms

If Bitmain wants to have their much-touted $18 billion IPO before the end of 2018 as announced they had better get a move on. In fact, at the rate their financial data is currently leaking, their pool of potential investors is shrinking daily. A Fool and His Cash are Soon Parted The first hints that all was not… Read More »

‘HODLers Be HODLing’: 55% Of Bitcoin Sits in Multimillion Dollar Wallets

Over half the Bitcoin supply sits in wallets holding over 200 coins ($1.25 million), indicating faith among major bagholders remains, new research released September 17 suggests. Diar: Investors ‘Keeping The Faith’ The data, compiled by cryptocurrency market research newsletter Diar in its latest weekly edition, echoes similar findings from industry researchers appearing throughout 2018. Despite Bitcoin price 00… Read More »

Nasdaq ETN Provider To Introduce A Range of Cryptocurrencies

While the market flutters and the traders bite their nails waiting for the big news about a bitcoin ETF (Exchange Traded Funds), the first Bitcoin Exchange Traded Notes (ETN) provider, XBT Provider AB, devises expansion plans.  Five to Ten More Cryptocurrency ETNs It seems that the Sweden-based company aims to at least compete with cryptocurrency ETFs. Bloomberg recently… Read More »

Odds of Bitcoin Price Hitting $3K ‘Getting Less Favorable,’ Says Trace Mayer

Bitcoin price could continue dropping for up to another nine months and hit $3000, cryptocurrency investor and media personality Trace Mayer forecast September 16. Bitcoin $3k Chances ‘Less Probable’ In a tweet linking to his so-called ‘Mayer Multiple’ price analysis tool, the entrepreneur said that while a $3000 price tag for Bitcoin would be “hopeful,” the odds of… Read More »

Changelly CEO Speaks on Monero Controversy and Shapeshift Ending Anonymity [Interview]

Bitcoinist spoke with the Ilya Bere, CEO of Changelly, an instant online cryptocurrency swap service, about its main competitor Shapeshift now requiring users to prove their identity, how his company is treading the current regulatory landscape, and where he sees cryptocurrency exchanges headed as a whole.  ‘Changelly is going to do everything possible to keep its service unchanged’… Read More »

ICOs ‘In a Lot of Trouble’ if Bitcoin Stays Under $10K, Says BitPay Exec

Controversial cryptocurrency payment provider BitPay appeared to back Bitcoin over altcoins this week as its CCO told mainstream media the ICO token market was “in a lot of trouble.” Singh: Market Bottom ‘Hard’ To Call Speaking to Bloomberg in an interview that also featured regular commentator Joe Weisenthal, Sonny Singh focused heavily on Bitcoin as the cryptoasset, which had… Read More »

Is Bitcoin Still Profitable? Here Are the Numbers

There are two types of Bitcoin investors out there. The optimistic ones who hold because they know that Bitcoin is not going to fail them in the end, and those against it. There’s no need for uncertainty anymore: the numbers are in. Bitcoin 00 Annual Returns, 2011-2018: Bitcoin Annual Returns, 2011-2018… pic.twitter.com/eJcXU9MzSm — Charlie Bilello (@charliebilello) September 10,… Read More »

Nailed It? Cryptocurrency Chart Exactly Follows ‘Bottom’ Call By Mike Novogratz

Serial investor and Bitcoin bull Mike Novogratz perfectly called the “bottom” in cryptocurrency, data reveals as markets trend upwards September 14. Novogratz: September 12 Was ‘Low’ As Bitcoinist reported Thursday, cryptocurrency market indices hit 80 percent versus all-time highs this week, outperforming the dotcom boom implosion of the early 2000s for the first time. At the time, Novogratz… Read More »

Accused of ‘Abusing Trust,’ Coinmarketcap May Now Let You Vote for New Listings

Cryptocurrency monitoring site Coinmarketcap appears to be mulling the idea of allowing users to vote on which assets it should track. Users Could Influence Listings In a Twitter survey released September 12, the site, which has become a stalwart reference resource for cryptoasset prices and other related data, asked followers whether they “would be interested” in influencing future… Read More »

Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin 00. Data from Coin Dance… Read More »