Research Paper Makes the Case for a $5.8 Million Bitcoin Price

A new research paper from a pseudonymous author puts the valuation of a single bitcoin at $5.8 million. The paper makes the case that bitcoin is the best form of money in existence today and should be valued as the dominant world currency. Throughout the paper, points are made around bitcoin’s intrinsic value, the use… Continue reading Research Paper Makes the Case for a $5.8 Million Bitcoin Price

$4.3 Million ICO Exit-Scams, Then Comes Back Online in a Bizarre PR Stunt

Savedroid, an ICO focusing on cryptocurrency investing, possibly pulled off the best PR stunt in the history of cryptocurrencies. On April 18, the Savedroid updated its website with a satirical meme and confirmed its disappearance on Twitter. “Over and Out’” were the last words by the founder of Savedroid, Dr. Yassin Hankir, before the apparent… Continue reading $4.3 Million ICO Exit-Scams, Then Comes Back Online in a Bizarre PR Stunt

Coinbase Buys Earn.com For $120 Million in Order to Expand Its Business

On the latest news, Coinbase has decided to buy one of the most important start-ups in the cryptocurrency environment, known as Earn.com. This acquisition takes place one weak after the giant company decided to purchase Cipher Browser. Coinbase is trying to increase its presence in the cryptocurrency and blockchain market. Coinbase Acquires Earn.com This transaction… Continue reading Coinbase Buys Earn.com For $120 Million in Order to Expand Its Business

Ethereum’s Block Reward Reduced to 0.6 ETH – Vitalik Proposes 120 Million Hard Cap

In a publication made by Ethereum, they explain that the block reward would be reduced from 3 ETH to 0.6 ETH per block for Proof of Work miners. This is part of the stage one of Friendly Finality Gadget Casper (also known as FFG Casper), a hybrid Proof of Work (PoW) and Proof of Stake… Continue reading Ethereum’s Block Reward Reduced to 0.6 ETH – Vitalik Proposes 120 Million Hard Cap

CoinMetro Token Generation Event Raises over $14 Million with 2 More Weeks Left

The CoinMetro TGE has been hugely successful so far as various partnerships have been made and the event has attracted over $14 million so far from contributors. The CoinMetro project has been having a good time since the TGE began.  It might interest you to know that the CoinMetro token generation event raised $4 million… Continue reading CoinMetro Token Generation Event Raises over $14 Million with 2 More Weeks Left

BitPay Says They Paid $2 Million in Bitcoin Network Fees in December

One of the oldest bitcoin company, established as far back as 2011, has ruffled some feathers after clearly showing just how high bitcoin fees had become. Their integration of Bitcoin Cash now lists BTC and BCH side by side. It also lists a network fee, which is the transaction cost for BitPay to send your… Continue reading BitPay Says They Paid $2 Million in Bitcoin Network Fees in December

Mt.Gox Trustee sells $400 Million in Bitcoin Causing a Crash in its Price

The extremely volatile cryptocurrency market is plagued and dominated by people or groups with so much economic power that they can dominate trends and influence prices through manipulation. Cryptos are still gaining capital and increasing their adoption, something that has allowed many “early adopters” to make exorbitant profits in a short ammount of time, sometimes… Continue reading Mt.Gox Trustee sells $400 Million in Bitcoin Causing a Crash in its Price

Mt. Gox Trustee Unloads Bitcoin and Bitcoin Cash Holdings Worth $400 Million

Nobuaki Kobayashi, the Tokyo-based lawyer and trustee of the default Bitcoin exchange Mt. Gox, which filed for bankruptcy back in 2014, has recently disclosed that he has been selling Bitcoin and Bitcoin Cash holdings worth a total of $400 million since the past six months starting September 2017. Kobayashi, who is unloading and liquidating his… Continue reading Mt. Gox Trustee Unloads Bitcoin and Bitcoin Cash Holdings Worth $400 Million

CoinMetro Token Generation Event Raises $4 Million within Hours

The CoinMetro team is excited to announce that its TGE has started on an amazing note. The token sale event which has been live since February 21, has attracted pent up interests from investors so far. The fundraiser produced $4 million within just twelve hours of going live. This is an excellent feat by all… Continue reading CoinMetro Token Generation Event Raises $4 Million within Hours