Tag Archives: Bitcoin Businesses

Ethereum Futures? Bakkt Hints It’s Open To Altcoins

Intercontinental Exchange’s delayed cryptocurrency “regulated ecosystem” Bakkt is already mulling the future addition of altcoins, the company hinted November 23. Bakkt: We’ll ‘Consider’ Non-Bitcoin Contracts In a tweet, executives said they would take into account “customer feedback” as a major motivating force when deciding which cryptocurrencies to support in addition to Bitcoin. Bakkt had eyed December 12 as… Read More »

No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be… Read More »

Want Bitcoin Black Friday Deals? Open Coinmarketcap!

Despite the plummeting prices of late, Bitcoin Black Friday deals are still plenty online. Discounted timepieces and cryptocurrency wallets flood the market but perhaps the best deal out there is Bitcoin itself. Bitcoin Black Friday 2018 Traditionally, the Friday after Thanksgiving marks a period of massive discounts throughout all the industries. The world of cryptocurrencies also seems to… Read More »

Bitcoin Lightning Network Explodes To New Heights With $2M Capacity

A sudden influx of nodes on Bitcoin’s Lightning Network (LN) has seen capacity increase to new all-time highs as the scaling solution is now handling over $2 million in BTC. Lightning’s Transformative Month Data from monitoring resource 1ML.com reveals the past week have seen overall capacity shoot up almost 300 percent to 438 BTC. An analysis of top… Read More »

This $3M Palazzo in Malta Can Be Bought Only For Bitcoin

Despite the BTC price drop, the owner of a $3 million palazzo in Valletta, Malta, refuses to accept anything but Bitcoin. 421-Year-Old Palazzo: Only BTC Accepted Malta has undoubtedly managed to establish itself as one of the friendliest nations towards cryptocurrencies and blockchain. To further attest to this, the owner of a $3 million building in the heart… Read More »

Bitcoin Price Bounces as Cryptocurrency Market Sees Relief Rally

Cryptocurrency markets staged a modest relief rally November 21 as the impact of news trading platform Bakkt had pushed back its launch subsided. Markets Shrug Off Bakkt And Bitcoin Cash Led by Bitcoin Cash 00, the fourth largest cryptocurrency by market cap which lost 50 percent of its value Monday, the twenty major cryptoassets all made gains on the… Read More »

Top 5 Richest Bitcoin Addresses Belong to Exchanges

The richest Bitcoin addresses are owned by cryptocurrency exchanges. Collectively, these addresses hold less than 3.5 percent of all bitcoins. Richest Bitcoin Addresses Hold $3.1 Billion Not surprisingly, the top 5 wealthiest Bitcoin addresses belong to cryptocurrency exchanges. All of them hold a total of 592,943 BTC, which is currently worth around $3,150 billion. This accounts for roughly… Read More »

US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation. While no… Read More »

VanEck’s MVIS Debuts First Ever Bitcoin OTC Index

Over-the-counter (OTC) trading gained visibility and prestige this week as MVIS launched the first cryptocurrency OTC index and Binance Labs made fresh investments. Circle, Genesis, And Cumberland: Bitcoin OTC Index Source In a press release November 20, German-based MVIS unveiled its latest digital asset index composed of what it calls “three of the leading providers in OTC liquidity,”… Read More »

Crypto Really Is Cool in Israel

Cryptocurrencies and blockchain tech have taken the stage in Israel. The country’s first dedicated cryptocurrency investment company has launched two funds, expecting to raise $50 million in assets under management. Moreover, an Israeli mining company eyes an public offering in Canada. Bear Market? Whatever… Despite 2018’s declining prices, Israel’s top leadership has long considered issuing a state-backed digital currency,… Read More »