Cryptocurrency

Since December 17, within less than three days, the Bitcoin price has surged from $3,181 to $3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $3,700 but the breakout of the dominant…

Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex. Venezuela Isn’t the Crypto Use Case You Want It to Be written by Leigh Cuen @…

An Internet Court launched in Eastern Chinese City Hangzhou will now use blockchain to fight plagiarism for online writers, local Chinese news outlet China.org.cn reported. China launched its first internet court in the city of Hangzhou to deal with internet related cases, save time and reduce…

Spencer Bogart of Blockchain Capital believes that all of the promises and potentials associated with Bitcoin remain unchanged despite plummeting by more than 80 percent from its mid-December 2017 all-time high. Bright Future for Bitcoin Speaking recently to CNBC, the Blockchain Capital partner…

Polychain Capital, the cryptocurrency investing firm, raised $175 million for their first venture capital fund, according to Axios. News of the fund first broke in January. As per Axios, the firm will continue to invest in cryptos and other digital currencies via its hedge fund, whereas the venture…

Mark Dow, a trader who runs a Southern California family office, has closed his short position on bitcoin almost a year after opening it at the height of the crypto’s meteoric rise. “I’m done. I don’t want to try to ride this thing to zero,” Dow told Bloomberg News in an interview. “I don’t want to…

In a wide-ranging interview with Bloomberg News, Mike Novogratz — the founder of crypto bank Galaxy Digital — outlined his view on the crypto market moving into 2019. The hedge funder-turned-crypto bull said he thinks the market is “close to the end of the move on the downside.” Novogratz, who said…

The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked…

OpenNode, a Tim Draper-backed startup, announced it raised $1.25 million on Tuesday and it’s hoping that its new platform will change the way people view bitcoin. In most corners of the market, bitcoin is viewed primarily as a store of value, rather than an everyday medium of exchange. OpenNode is…

Blythe Masters, the well-known CEO of Digital Asset, a crypto startup, is stepping down from the firm, as first reported by Jeff John Roberts at Fortune. The surprise exit comes more than three years after she joined the firm, which builds crypto products aimed at banks, from JPMorgan. She is…

Digital Assets Holdings CEO Blythe Masters has stepped down from her role, but will remain on as a shareholder, strategic advisor and board member. Blythe Masters, CEO of Blockchain Startup Digital Asset, Is Stepping Down written by Nikhilesh De @…

The crypto space is shifting rapidly with new innovations – but the industry still faces a number of urgent questions, says angel investor Donna Redel. Institutional Crypto and a New Generation of Wall Street Leaders written by Donna Redel @…