$20k Bitcoin? Not Yet As Changing Charts Favor Crypto Rivals

By | December 15, 2017

Bitcoin is on the rise against the U.S. dollar, but a look at all of its relevant trading pairs (LTC/BTC, ETH/BTC) suggests the move to $20,000 could take longer than expected. The world’s largest cryptocurrency by market capitalization has traded more or less sideways over the last few days as the alternative currencies rallied sharply to… Read More »

As Wall Street Bids Up Bitcoin, ICO Tactics Change

By | December 15, 2017

Dr. Paul Ennis is an assistant professor at The Centre for Innovation, Technology & Organization at University College Dublin, specializing in bitcoin and blockchain studies. November was a tricky month for initial coin offerings (ICOs). But one thing’s for sure, the hype has most certainly cooled in an environment where Tezos has been beset by… Read More »

Survey: Most Bitcoin Investors Expect Even Fatter Returns in 2018

By | December 15, 2017

Most bitcoin investors in the U.S. are expecting the cryptocurrency to perform even better next year than this year’s seventeen-fold appreciation, according to a newly published survey. LendEDU, a digital student loan startup which has now published four such surveys asking various questions about bitcoin and cryptocurrencies, polled 565 Americans between Nov. 9 and Nov.… Read More »

Bitcoin Looks Lower In Chase for

By | December 15, 2017

Bitcoin is looking heavy today after failing to see a decisive move higher in the last 24 hours. While bitcoin (BTC) clocked a lifetime high of $17,631.42 just two days ago, it has since retreated to sub-$17,000 levels, as per CoinDesk’s Bitcoin Price Index (BPI). As of writing, the cryptocurrency is trading at $16,628. As… Read More »

DOJ Alleges Bitcoin Involved in Attempted ISIS Funding

By | December 15, 2017

A New York woman has been indicted for attempting to provide financial support to the ISIS terrorist grou in a scheme that prosecutors say involved the purchase of cryptocurrencies using fraudulently obtained credit cards. Zoobia Shahnaz of Long Island, the U.S. Attorney’s Office for the Eastern District of New York said today, has been charged… Read More »

Here Come the Bogus Bitcoin Scare Tactics

By | December 14, 2017

Steven Hopkins is chief operating officer and general counsel of Medici Ventures, an Overstock.com subsidiary focused on the advancement of blockchain technology. “Cynicism masquerades as wisdom, but it is the farthest thing from it.” – Stephen Colbert The run-up in bitcoin and other crypto assets has offered cynics of all stripes a chance to look… Read More »

Bitcoin Has Gone Mainstream. That

By | December 14, 2017

Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. Last week, my eighth-grader came home saying that all the boys at school were talking about bitcoin. Some might describe this vignette, and many others like it from the past few weeks, as a… Read More »

Fed Chair Yellen: Bitcoin Is a

By | December 14, 2017

Federal Reserve chair Janet Yellen called bitcoin a “highly speculative asset” that isn’t subject to regulation by the U.S. central bank during her final press conference today. Yellen, whose term in office expires in February, spoke to reporters today on a range of topics. About thirty minutes into the presser, Yellen was asked about bitcoin.… Read More »

South Korean Officials Weigh New Curbs on Bitcoin Trading

By | December 14, 2017

The South Korean government is considering a range of policy options in order to curb what it called an “overheating of virtual currency speculation,” including a possible capital gains tax on trades. In a Dec. 13 statement published by the Office for Government Policy Coordination, officials from the Ministry of Justice, Financial Services Commission, Korea… Read More »