Category : Bitcoin

Halal: Islamic Scholars Certify Swiss Crypto Firm X8’s New Cryptocurrency

The issue of Islamic classification of cryptocurrency has been ongoing since the rise of bitcoin’s popularity, with debate over whether or not bitcoin and other cryptocurrencies are considered halal (permitted) or haram (forbidde...

Cryptocurrency Memes: The Only Assets That Can Survive a Bear Market

If there are two things a bear market’s good for, it’s building and memeing. Your portfolio might be down, but if you’re anything like crypto Twitter, your meme bank will be filled to overflowing with riches. Bloody markets make for marvelous memes....

Nail in the Coffin? BTC.top Shifts Hash to Bitcoin Cash ABC to ‘End Chaos’

Significant cryptocurrency mining outfit BTC.top has begun mining bitcoin cash on the blockchain supported by Bitcoin ABC (BCHABC), potentially putting another nail in the coffin of the minority Bitcoin SV (BSV) chain. Including its BTC operation, th...

Fake News: Nvidia Stock Didn’t Drop Due to Crypto Bear Market

The market cap of Nvidia has dropped by more than $23 billion, and analysts were quick to claim that the overnight plunge in the firm’s stock price was caused by an overall drop in demand for crypto. Susquehanna Financial Group analyst Christop...

Major Venezuelan Department Store Chain Accepts Cryptocurrency

The people of Venezuela have been forced to cope with an increasingly difficult economic situation in recent years. This has led to a loss of trust in government-issued fiat by the population in a way that many believe exemplifies the need for crypto...

Google Boots Four Malicious Crypto Apps from Play Store

Despite attempts to weed out fake cryptocurrency apps on the Android marketplace, the war is far from being won. Cybersecurity researcher Lukas Stefanko recently came across four fake crypto apps in the Google Play Store that impersonated Ethereum wa...

Cryptocurrency Markets Consolidate Near 2018 Low

The drama surrounding the recent Bitcoin Cash fork has comprised the catalyst for significant action across the cryptocurrency market, with both BCH and BTC posting new lows for 2018 on Nov. 15. Meanwhile, XRP has again overtaken ETH to rank as the s...

KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]

It will take a long time for cryptocurrencies like Bitcoin to attain the status of a store-of-value asset, said KPMG in its latest crypto study. The Big Four firm’s “Institutionalization of Cryptoassets” report asserted that assets...

Smart Contract Developers May Be Held Liable by the SEC

Nick Szabo invented them but has reservations about what they’ve become. Vitalik Buterin adopted them but now regrets using their name. Dangerous when coded badly, and powerful when used intelligently, smart contracts have become a critical component...

Bitcoin Opinion: A Cycle Coming To An End

If you follow cryptocurrencies for a while you start finding weird and interesting patterns, scattered around a variety of technical data. It may not seem like much, but sometimes looking away from price into other statistics can give you a refreshin...

Markets Update: Traders Expecting Major BCH Action When Exchanges Open

It’s been a pretty hectic week for cryptocurrency enthusiasts as the infamous Bitcoin Cash hash war has unfolded. Overall, the cryptocurrency economy has lost billions since our last markets update, with the entire market worth roughly $188 billion o...

Christie’s Records $318 Million Art Sale on a Blockchain

A new milestone in blockchain adoption has been set with the successful recording of a record-breaking art sale on a blockchain. On November 13, the Barney A. Ebsworth Collection sale at the famous Christie’s auction house in New York raised a...

Thailand’s Main Opposition Party Holds Primary Election on Blockchain

Thailand’s Democrat Party, the country’s main opposition party has become the first major political party in the world to carry out primary elections entirely on a blockchain. Using a live e-voting system powered by the Zcoin blockchain,...

Analyst: Bitcoin Will Likely Reach Bottom in Q2 of 2019, Bearish Short-Term

According to Willy Woo, a prominent cryptocurrency analyst and researcher, Bitcoin is expected to bottom out in the second quarter of 2019. Throughout the past three months, since August, Bitcoin has remained in a tight range from $6,200 to $6,800, u...

Ripple Surges 8% as Crypto Market Adds $4 Billion, Can Bitcoin Recover?

Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion f...