As the bolivar plunges to unimaginable lows, Venezuelans are turning to cryptocurrencies to keep their heads above the water
A new research paper from a pseudonymous author puts the valuation of a single bitcoin at $5.8 million. The paper makes the case that bitcoin is the best form of money in existence today and should be valued as the dominant world currency. Throughout the paper, points are made around bitcoin’s intrinsic value, the use […]
This post Research Paper Makes the Case for a $5.8 Million Bitcoin Price first appeared on Coinjournal.
With significant discrepancy between The DAO and virtual good-esque ICOs, we can expect the latter to be safe from the vice grip of US regulators for the foreseeable future. Entrepreneurs can still look towards ICOs as potential opportunities post the investigative report – but keep an eye out for further developments.
While the main sales pitch of Bitcoin has always been that it allows users to route around governments and banks to create a new, decentralized financial system, one online gambling site, known as BitKong, is now offering a feature of traditional banking to their users: savings accounts. Giving people the ability to invest in a […]
This post This Gambling Platform Offers a Bitcoin Savings Account with 8% Interest first appeared on Coinjournal.
Wanchain, a public blockchain project by Chinese firm Wanglu Tech, is building a distributed financial infrastructure on the Ethereum network that allows for the exchange of assets among different blockchain networks. The initiative aims to enable more organizations to easily develop their own services and innovate in the “distributed finance space.” Wanchain seeks to become […]
This post Wanchain To Enable Interoperability Between Blockchains first appeared on Coinjournal.
When the US government does get behind a blockchain initiative, the impact it will have will be tremendous. Thus, from this conference a glimpse of both immense destruction and creation on the horizon could be seen.
Is all the confusion around the new Bitcoin fork hurting your head? Looking for some guidance on how this whole saga is going to pan out? Is bitcoin cash going to go “to the moon”? Well, this piece might just make you more confused, because there’s a lot more than meets the eye when it comes to Bitcoin cash’s price spike.