According to an exclusive report on Blockchain technology blog Modern Consensus, Circle, a multi-currency money-sending app, is reportedly in the works to acquire Poloniex, a major US-based cryptocurrency exchange. Modern Consensus cited two unnamed sources that had information about the potential deal. However, when asked about the reported acquisition of Poloniex,...
Cloud mining service Coinmint has won approval to take over an abandoned smelter for Bitcoin mining operations on Tuesday, Jan. 30. As local news broadcaster WWNYTV reports Thursday along with local government documentation, lawmakers in upstate New York voted in favor of awarding subsidiary North Country Data Center (NCDC) 15...
Right after the bitcoin network has cleared up its massive backlog of transactions, we’ve been hit by a huge price correction. However, there is still much to be hopeful about; the development and testing of the Lightning Network is coming along quite nicely. What is the Lightning Network? The LN, put...
Ran Neuner, the host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia, made a tweet Thursday, Feb. 1 claiming that Bitcoin will end 2018 at the price point of $50,000. The CNBC channel has been increasingly involved in cryptocurrency reporting over the past few months....
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. There are various reasons...
Most of the attention, flurry and investment around blockchain technology is in the West, where people are investing in cryptocurrencies and focused on a slew of novel applications, like using a blockchain to track vegetables from the field to store shelves. But the greatest impact of blockchain technology will...
This idea that simply plugging your computer or nowadays, specialized mining rigs into the Internet and making money out of thin air is extremely attractive. However, it is obviously not as simple as it sounds, and the mining sector is one that has become very competitive and sophisticated. Despite this...
We are closing in on the end of the European session in the bitcoin price and things have been pretty interesting today. We started out the session this morning by noting that action was relatively weak (in the sense that price was falling, and falling fast) and that this...
As January closed, Bitcoin fell towards $9,000 (getting closer to $8,000 in the first days of February). It has been a particularly tough month and a half for Bitcoin if one considers that halfway through December the coin peaked at $20,000. The market has taken hit after hit in the...
It is Friday morning out of Europe and it is time to take a look at how action overnight played out in the bitcoin price and, in turn, how we can try and use this action to formulate a strategy going forward. As many reading will probably already be...