Tag Archives: Bitcoin

Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt

Bakkt CEO, Kelly Loeffler, and the Intercontinental Exchange chairman, Jeff Sprecher, recently spoke to MIT Media Lab’s Michael Casey at CoinDesk’s Consensus: Invest Conference. The chat was broadcast via the “Inside the ICE House” podcast earlier today. The two CEO’s talked in depth about their plans for the much-anticipated Bakkt platform, including what makes it different to other… Read More »

Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge

Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Today’s drop has led the overall cryptocurrency market capitalization down to $102 billion, a level not seen since August of 2017. At the time of writing, Bitcoin (BTC) is trading down nearly 6% at its current… Read More »

Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers

Advertisement Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks — the ones that result in irreversible network splits and create new blockchains — were a net positive for their portfolios. “How could they not be?” they asked. “It’s free money!” Indeed, at that point, the two most prominent… Read More »

CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality

Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money. However, the very technology powering crypto may be arming… Read More »

To The Moon! Bitcoin Space Travel Gets Closer As Virgin Galactic Takes Flight

Billionaire Richard Branson appeared to cry tears of joy when his ‘Bitcoin-friendly’ Virgin Galactic reached the edge of space for the first time December 13. World Sees First Commercial Space Flight Branson, who revealed himself as a Bitcoin believer and investor in 2013, watched as SpaceShipTwo, the latest vehicle from the Virgin Galactic and The Spaceship Company, broke… Read More »

Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018

Advertisement In what is becoming a disturbingly common occurrence, the bitcoin price on Friday set yet another fresh yearly low, slinking below the $3,200 mark for the first time in 2018. The flagship cryptocurrency’s move below $3,200 came shortly after 16:10 UTC, following an unsuccessful breakout attempt earlier in the week. As of the time of writing the… Read More »

Bitcoin Price Losses 47% Value in a Month, “Stay Away from Longs” says Trader

Bitcoin has dropped again and trading around $3,300, having lost over 47 percent of its value in just a month. Experts say this crash is healthy for the market while crypto traders are still bearish on Bitcoin price in the short term. But Bitcoin bull Tom Lee emphasizes it is currently undervalued. Bitcoin Price Crash is Actually Healthy… Read More »

Bitcoin Price Analysis: BTC Could Side To $3,120 or $3,020

Bitcoin price remained in a downtrend below $3,390 and declined below $3,300 against the US Dollar. BTC/USD could accelerate losses towards $3,120 or $3,020. Important Points: Bitcoin price is currently trading below the $3,390 and $3,440 resistance levels. BTC/USD is following a major bearish trend line with resistance at $3,360 on the 2-hours chart. BTC price may continue… Read More »

Russia Says Venezuela’s Petro Acceptance ‘Not Happening’

Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words of deputy finance minister Sergey Storchak speaking to reporters this week, local news outlet RIA Novosti reported December 13. Petro, which the Venezuelan government hopes to use to shore up its rapidly failing… Read More »

Sephora Shoppers Are Getting Their First Bitcoin Using Crypto Startup Lolli

This holiday shopping season, hundreds of women are earning their first bitcoin by buying items online with an in-browser app called Lolli. Revealed exclusively to CoinDesk, cosmetics chain Sephora has joined the list of retailers where shoppers can earn cash back, in the form of bitcoin, through an app called Lolli. The bitcoin rewards startup says it won… Read More »