New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply

Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1%  of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings. According to …

Nearly Every Major Cryptocurrency is Down at Least 90% from its Peak

Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red. …

BTC/USD Bottoming Up, Price Find Support At $3,700

Latest Bitcoin News It is now official:  NASDAQ, the world’s second largest stock exchange will launch their Bitcoin Futures version by Q1 2019. This comes after days speculations after rumors began doing round that sources privy with development inside the exchange were confident that of the listing come next year. While confirming, Vice President of …

Weekend Gains Wiped Out in $5 Billion Fall

Monday is red as markets wipe out weekend gains, Bitcoin Cash, Stellar, Iota sliding, Ethereum Classic staying afloat. It didn’t last. Crypto markets are back down again today after recovering a little over the weekend. The complete lack of buying pressure at the moment indicates that the bears are still in full control of things. …

VanEck, Cboe and SolidX Meet With SEC to Discuss a Bitcoin ETF

Having met the U.S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation’s first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC. The firms gave …

Why Use Blockchain Technology? – Bitcoinist.com

Why use blockchain technology? While there are certainly a lot of advantages to a distributed ledger, it may not be applicable to all companies or individuals–not yet, at least. The second question people usually ask when they hear about blockchain is–why use blockchain? Why use a distributed ledger? Why not use a regular database or …