Online bank Swissquote opened its banking doors to accommodate Bitcoin trading accounts for its clients in July of 2017. It was thought to be the first European online bank to do this. A year on, and Swissquote has revealed the fruits of its labor for adopting the cryptocurrency with a 44% surge in profits attributed to the
Month: July 2018
There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malmi, is joining a team of developers launching a new cryptocurrency called AXE. The project, which is combining Malmi’s Identifi online reputation system with decentralized database system GUN, is
Kim Kardashian promotes Bitcoin: Reality television star Kim Kardashian-West announced to her 114 million Instagram (IG) followers that she staked a physical Bitcoin (BTC) in a charity poker event in LA last night. West’s sisters, Kendall Jenner and Khloe Kardashian, along with their mother Kris Jenner, hosted a table at yesterday’s ‘If Only’ Texas Hold’Em Charity Poker
Bitcoin has had quite the year. It hasn’t all been good, with the digital currency dropping below the $6,000 price mark at the end of June. But recently Bitcoin has redeemed itself, witnessing strong gains over the last week. So that brings up the question of whether there are catalysts driving Bitcoin higher. If not
Crypto security startup BitGo’s latest technology – “predictive UTXO management” – sounds technical, but it’s got an end goal that everyone will understand: cutting crypto fees. Revealed exclusively to CoinDesk, BitGo is the first mainstream crypto company adopting a spin on “coin selection,” a scaling technology that’s been one of many touted as a way to
Bitcoin (BTC) price has climbed above the $8,100 mark for the first time today since mid-May. Source: CoinMarketCap Big Week for Bitcoin Bitcoin’s bull run this week is leading many to predict a return of its 2017 bull run that pushed BTC to almost $20,000. Source: CoinMarketCap July 16th seems to have started this run
“From here on out, people can’t say bitcoin is not private anymore.” That’s how veteran developer Adam Ficsor, now CTO and co-founder of the privacy tech startup zkSNACKs, described the importance of the Wasabi Wallet, set to debut on August 1. This desktop-friendly bitcoin wallet, which can only be used with the anonymizing Tor browser,
When it comes to making big money in trading, the trend is your friend. But spotting the trend when it is in the nascent stage is challenging, and running along with it right up to the top is an even bigger challenge. That’s because asset prices rarely see a 90-degree rally or collapse. More often than
2017 was a wake-up call for bitcoin supporters to say the least. With so many people using the software amid a price boom, the fees for sending transactions swelled higher than ever before, even rising to as much as an average of $26 for a single transaction. It was a road with too many cars,
Marc Lasry Predicts: Bitcoin has been on a run this week. The coin made a whopping and sudden 10% gain yesterday and it is still heading skyward. Currently, it is sitting pretty at $7,457. This week’s gains are surprising to some considering Bitcoins recent moves; it seemed everything was steadily going southward. Marc Lasry Predicts
What’s going on with Bitcoin? Yowza. Last week was an impressive week for the coin but today saw it exceed itself by packing on a massive 10% in gains. Other cryptos are experiencing astronomical growth too; EOS is also seeing a 10% hike this week. But Bitcoin, in particular, is out front in a league of
Back in January 2018, Spotlite USA showcased a new Bitcoin miner called the KashMiner. The company also claimed that it was a licensee of camera maker Kodak. But now, Spotlite has officially halted operations and has since denied any ties to the brand. But what’s going on? Spotlite: Bad Business or Scam? There were two major signs that
The much-publicized partnership that would have resulted in digital media brand Kodak’s name appearing on a series of bitcoin miners is no more. Revealed in January at the CES tech show in Las Vegas, the Kodak KashMiner boasted a two-year income projection of $9,000 and required an up-front payment of roughly one-third of that amount.
Schnorr is coming… In fact, the bitcoin upgrade arguably took its most significant step yet toward implementation last week when influential developer Pieter Wuille unveiled a draft outlining its technical makeup. With the release, the idea, one that’s been in the works by bitcoin developers for years, is one step closer to improving the scaling and
