A chainanalysis study cited by Reuters this past Tuesday shows that the commercial use of Bitcoin (BTC) has dropped considerably this year. Chainanalysis reportedly conducted a survey on 17 Bitcoin payment processors in preparation for the study. The survey showed…
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Hedge Fund CEO Says Bitcoin Price Will Rise, But Gives Stark Warning
BITCOIN price has dropped over simultaneous unreliability issues over the future of cryptocurrency, even so, the price will rise again according to hedge fund manager Dan Morehead with a flinty warning. According to CEO of Pantera Capital, Dan Morehead, bitcoin…
Leaked NSA Software tip Causing Bitcoin and Monero to Becoming targets for Hackers
It has been revealed that hackers are illegally generating Bitcoin, Monero and other cryptocurrencies by making the most out of a software flaw leaked from the United States government. This information raises serious questions about the security of one of…
Red Hat Turns to Blockchain Technology to Help Track Software
The blockchain system seems to be percolating into different industries every day. This is after cloud computing giants Red Hat was reported to be looking to incorporate blockchain technology in their operations. Red Hat is reportedly looking to the blockchain…
7 Investors Back First Blockchain Based Bond Dubbed Bond-I
The month of August saw the world bank and commonwealth bank of Australia come together to unveil the first ever blockchain bond in the global finance sector. This move has attracted a lot of interest from a large number of…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Pantera Capital Gives Bold 67,500 Bitcoin Price Prediction by Close of 2019
Pantera capital, one of the pioneer investment firms to solely focus on crypto and the blockchain sector, just marked their 5 years of operation in an interesting fashion. Amid the pomp and color witnessed at the fifth-anniversary festivities, a Bitcoin…
Giant automakers form blockchain consortium
There’s a now a blockchain consortium for the automobile sector. The Mobility Open Blockchain Initiative (MOBI) has been formed, with participation from giant automakers BMW, Ford, General Motors (GM), and Renault. The automotive sector is clearly the next frontier for…
JD Finance Will Soon Be Issuing Block-chain Asset Backed Securities
JD.com will soon be issuing asset-backed securities also known as (ABSs) on the block-chain. JD finance which is a subsidiary of China-based e-commerce giants JD. Com made this announcement on Wednesday amid excitement from speculators and commentators. An outlet of…
Cathay Pacific rolls out blockchain-powered reward program for flyers
Cathay Pacific, the flag carrier of Hong Kong and an airlines giant, will use blockchain technology for rolling out their new rewards program for their flyers. They have worked with technology giant Accenture for this new reward program, named ‘Unlock…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
