Archive for December, 2018

Bitcoin History Part 7: The First Major Hack

December 31, 2018 | By | Reply | 109 Readers More
Bitcoin History Part 7: The First Major Hack

Featured Hacks and heists have been a threat for as long as bitcoin has been worth stealing. By 2011, as Bitcoin was easing into its second year of life and its first bubble, early cryptocurrency exchanges were bringing liquidity and price discovery to the nascent ecosystem. At the same time, they were providing an outlet […]

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A Year in Cryptocurrency and Blockchain: Q4 2018

December 31, 2018 | By | Reply | 113 Readers More
A Year in Cryptocurrency and Blockchain: Q4 2018

The final quarter of 2018 has proven to be a volatile period for the cryptocurrency and blockchain industries, with numerous new partnerships, controversies, and developments unfolding. Disappointingly, however, the cryptocurrency market dropped significantly towards the end of November. Notably, the crash took place after the market moved sideways for an almost unprecedented two month period. […]

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Crypto Markets Drop Slightly After Bitcoin Fails to Break Above $4,000

December 31, 2018 | By | Reply | 118 Readers More
Crypto Markets Drop Slightly After Bitcoin Fails to Break Above $4,000

Following a quiet weekend for the crypto markets they have held relatively steady and are currently trading down slightly over a 24-hour trading period. This past Friday, the cryptocurrency markets surged to recover some of their recent losses, with Bitcoin jumping from lows of $3,600 to highs of nearly $4,000. Despite this, the markets did […]

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Bakkt Completes First Round of Funding With $182.5 Million

December 31, 2018 | By | Reply | 122 Readers More
Bakkt Completes First Round of Funding With $182.5 Million

Finance Intercontinental Exchange’s upcoming cryptocurrency trading platform, Bakkt, has raised $182.5 million from a dozen investors. The funds will help develop an institutional-grade regulated crypto exchange, clearing and warehousing services for physical delivery and storage. The company now expects to provide an updated timeline on launching bitcoin daily futures contracts in early 2019. Also Read: […]

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NYSE Operator’s Crypto Platform Bakkt Completes $182.5 Million Funding Round

December 31, 2018 | By | Reply | 127 Readers More
NYSE Operator’s Crypto Platform Bakkt Completes $182.5 Million Funding Round

Digital assets platform Bakkt — created by the operator of the New York Stock Exchange (NYSE) — has announced the completion of its first funding round in a blog post today, Dec. 31. The institutional investor-focused cryptocurrency platform from the Intercontinental Exchange (ICE) has officially raised $182.5 million from 12 partners and investors, according to […]

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67 Cryptocurrency Companies Probed by UK Regulator

December 31, 2018 | By | Reply | 122 Readers More
67 Cryptocurrency Companies Probed by UK Regulator

Regulation The U.K.’s Financial Conduct Authority (FCA) has reportedly provided an update of its investigations of crypto companies. A total of 67 inquiries were launched, 49 of which have been closed, leaving 18 businesses currently under investigation. The UK government has reportedly said it is ready to give power to the FCA to regulate the […]

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Bakkt Completes a Successful $182.5 Million First Funding Round (Launch Date Updates)

December 31, 2018 | By | Reply | 131 Readers More
Bakkt Completes a Successful $182.5 Million First Funding Round (Launch Date Updates)

As we get closer to the end of 2018, we can definitely say that 2018 wasn’t the best year for crypto, as Bitcoin and most major altcoins lost 80 – 90% of their initial value. Looking for the new coming year of 2019, some of the topics that could change the negative sentiment might come […]

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Bitcoin Price Analysis: BTC/USD Trends of December 31–January 06, 2019

December 31, 2018 | By | Reply | 123 Readers More
Bitcoin Price Analysis: BTC/USD Trends of December 31–January 06, 2019

The bearish candle will have to penetrate and close below the support level of $3,679 before BTC price will experience bearish breakout and this may return it to its previous low of $3,247. Key Highlights: Consolidation is ongoing on the Bitcoin market; the break out is imminent on the market; bearish breakout may return the […]

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End Of The Year Bitcoin & Crypto Summary For 2018

December 31, 2018 | By | Reply | 138 Readers More
End Of The Year Bitcoin & Crypto Summary For 2018

2018 was the year when crypto didn’t get much love. Not just Bitcoin but several other cryptocurrencies have seen an acute downfall in their values in this year. Some currencies fell as low as 90%, and the crypto experts are now looking forward to 2019 to see how accurate their predictions will be. The year […]

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XRP Gateway Firm Earthport Bought by Visa for $252 Million

December 31, 2018 | By | Reply | 132 Readers More
XRP Gateway Firm Earthport Bought by Visa for $252 Million

Visa as just announced it is buying British cross-border payments processor firm Earthport, for £198 million, reported Reuters on December 27, 2018.  Earthport Acquisition Visa Inc (V.N) has announced it is buying Earthport Plc (EPO.L), a British company enabling cross-border transactions for banks and financial businesses using the blockchain technology. The deal is going to […]

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