Author: Adam James

Got $45 Million in Bitcoin, Ethereum, or Ripple? Buy a House Near Fifth Avenue

Listing properties for Bitcoin is an emerging trend. Now, one cryptocurrency believer is opening up his six-story brick-and-mortar home on New York’s Upper East Side for purchase with Bitcoin, Ethereum, and Ripple. Living Large If you’re a resident of New York and looking to move up to the big leagues, a 22-foot-wide, six-story, marble-and-limestone house at East 76th Street near Fifth Avenue is now available for purchase with the three leading cryptocurrencies. The property in question was built in 1904 and belongs to big-time hedge fund manager and blockchain investor Claudio Guazzoni de Zanett, whose family all lived in the...

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Bithumb to Issue Own Coin – ‘BITHUMB Coin’

Binance has its own coin, KuCoin has its own coin, — and soon, Bithumb, the South Korean exchange, will be joining the club. BITHUMB Coin Bithumb, one of South Korea’s major cryptocurrency exchanges, is planning on issuing its own in-house cryptocurrency, called BITHUMB Coin. BITHUMB Coin’s initial coin offering (ICO), however, can not take place in the exchange’s home country of South Korea, since the East Asian nation banned the controversial fundraising method last year. Therefore, Bithumb will follow the likes of Icon (ICX) and others in launching its ICO abroad — with Singapore reportedly being the most likely...

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Are Bitcoin, Ethereum, and Cardano ‘Leaving the Station?’

The bulls are back in town as a sea of green engulfs cryptocurrency portfolios everywhere — but is it too late to catch the wave of Bitcoin, Ethereum, and Cardano? All Aboard! Bitcoin is currently trading at $8,234.14, up 14.63 percent over the last week. As is generally the case, the rest of the cryptocurrency market has followed Bitcoin’s lead. Ethereum (ETH) is up 20.93 percent over the same time span, while Ripple (XRP) is up 35.03 percent. Others, like Cardano (ADA), IOTA (MIOTA), and NEM (XEM) are up 43.90 percent, 51.33 percent, and 50.81 percent respectively. The market has been so bullish, in...

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‘It’s a Very Good Time to Buy’ Bitcoin, Says Pantera Capital CEO

Feeling bullish over the latest Bitcoin price action? According to one cryptocurrency hedge fund manager, you should be. ‘It’s a Very Good Time to Buy’ Dan Morehead, CEO of San Francisco-based blockchain investment firm Pantera Capital, says the bottom is in for Bitcoin and the dark days of the bear market are likely in our rearview mirrors. Morehead explained to CNBC‘s “Fast Money” that Bitcoin, the dominant cryptocurrency by market capitalization, has been growing at a rate of 165 percent per year over the five-year span his firm’s been doing business. He also shared one technical indicator that’s caught his...

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Barclays Considering Bitcoin Trading Desk

Barclays Plc, a British multinational investment bank and financial services company headquartered in London, has a fairly long history of putting down Bitcoin. Now, the financial institution looks to be changing its tune as it begins gauging its clients’ interest in a potential cryptocurrency trading desk. Asking Around Barclays is the second major investment bank interested in potentially trading cryptocurrencies, following behind New York City-based investment giant Goldman Sachs Group Inc. According to a report from Bloomberg, which spoke to individuals with inside knowledge on the matter, “Barclays has so far only done a preliminary assessment of demand and feasibility.” Barclays itself...

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Amazon May Soon Accept Bitcoin (And Sell the Data to Law Enforcement)

Amazon Technologies, Inc. – a subsidiary of American electronic commerce and cloud computing giant Amazon.com, Inc. – has won a patent for a marketplace that offers data feeds. More important, the patented marketplace includes bitcoin transactions. Patent Approved The U.S. Patent and Trademark Office has approved Amazon Technologies’ filing for a patent on a streaming data marketplace. The patent in question was originally filed in September 2014 and makes reference to bitcoin transactions twice. As noted by CNBC, the first bitcoin-related instance described “a data stream that publishes or includes global bitcoin transactions (or any cryptocurrency transaction).” The patent provides...

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Pretty Much Everyone in the UK Has Heard of Bitcoin

Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England. What, You’ve Never Heard of Bitcoin? Finding someone who’s never heard of Bitcoin is quite the rarity these days. 93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017. The numbers come from D-CYFOR, an opinion tracker which delivers insights into markets. brands, people, and society. D-CYFOR not only measured whether or not the...

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How Icon (ICX) and Others Skirt South Korean Restrictions

Six months ago, South Korea — one of the largest cryptocurrency markets in the world — banned the issuance of new cryptocurrencies. However, that hasn’t stopped South Korean blockchain entrepreneurs from circumventing the country’s restrictions by launching Initial Coin Offerings (ICOs) overseas. Chased Out In September, the cryptocurrency hotspot of South Korea officially banned Initial Coin Offerings (ICOs) within its borders. Some blockchain companies, however, are skirting such restrictions by issuing their coins and tokens abroad. One such company is Icon (ICX) — a blockchain network not entirely dissimilar to Ethereum or NEO — comprised of financial institutions, insurance companies, hospitals, universities,...

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Bitcoin Price Shrugs Off Yesterday’s $66 Million ‘Whale Dump’

The sudden drop in bitcoin price on Tuesday caused some brows to get a bit sweaty, but its successful stability in the light of one account’s dump suggests that the worst is over for the cryptocurrency market’s leader. Whale Watch On Tuesday, the price of bitcoin dropped more than $200 in just under 20 minutes — causing some to speculate that the sudden price movement was the result of a single seller dumping a large chunk of cryptocurrency’s gold standard. As noted by MarketWatch, the price movement seemingly resulted from sell orders from a single wallet, with a wallet...

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NEO’s Regulatory Compliance Crucial for Chinese Dominance

NEO has often been likened to “The Chinese Ethereum,” and for good reason. The platform, among other things, similarly runs smart contracts and decentralized applications. However, in order to stay in business in the world’s strictest regulatory environment, NEO has to play by the rules — which has pushed the project to the top of China’s blockchain foodchain. Playing by the Rules In an interview with The Hong Kong Economic Journal, NEO founder Da Hong-fei did not deny the similarities between his platform — the tenth largest cryptocurrency by market capitalization — and Ethereum, the second-largest cryptocurrency by market...

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    7d %
    13.05%
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