Bitcoin in December: $30,000
Yesterday, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a 2017-esqe […]
The Number Of Crypto Users In Ireland Has Grown 300% Over 4 Years
The Irish people seem to have developed quite a taste for cryptocurrencies. According to a report released by Red Flag and Amarach Research, roughly 120,000 Irish citizens are already crypto owners. That’s a far cry from the measly figure of 4 years ago when very few people even had an idea what cryptocurrencies stand for. […]
IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data
Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) Aug. 16. The system described in the patent, entitled “Node Characterization in Blockchain,” intends to introduce a method of data extraction from […]
Binance LCX Launches Fiat-to-Crypto Exchange
Binance LCX, a joint venture between Binance and Liechtenstein Cryptoassets Exchange (LCX), has announced the launch of a fiat-to-crypto exchange, according to a press release published August 16. The new trading platform will be located in Liechtenstein and offer trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs, subsequently adding more […]
Coinbase is Registering 50,000 New Users per Day
Brian Armstrong, CEO of the cryptocurrency platform giant Coinbase, claimed in an interview with Bloomberg that around 50,000 new users continue to register for its services every day — despite recent year-to-date lows. Coinbase CEO Brian Armstrong sat down with Bloomberg yesterday to discuss the future of cryptocurrency at the Bloomberg Players Technology Summit held […]
Facebook’s David Marcus Quits Coinbase to Avoid ‘Appearance’ of Conflict of Interest
Facebook blockchain head David Marcus announced he was quitting his position on the board of U.S. cryptocurrency exchange Coinbase Friday, August 10, in a statement seen by various media outlets. Marcus, who joined the exchange’s board in December 2017 and took on a blockchain research group at Facebook in May, said he now thinks it […]
ETC WAS REPLAY ATTACKED ON COINBASE
In the wake of the DAO hack, which had dire implications for the Ethereum blockchain, multiple exchanges acknowledged the existence of new alternative tokens, Ether Classic, based on the original Ethereum code. Exchanges accepted the new “ETC.” Ultimately, Coinbase worked towards the same. That decision turned out to be costly, as the exchange found itself […]
