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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Google Keyboard Adds Bitcoin “B” Symbol for iOS
In what looks like yet another move signaling Google’s warming up to cryptocurrencies, the search mogul has added the popular Bitcoin “B” symbol to its keyboard for iOS devices. Google Adds Bitcoin “B” Symbol The search giant Google has added the popular Bitcoin “B” symbol to its keyboard. дальше »
2019-2-19 15:00 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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Bitcoin Billionaire Tim Draper says JPM Coin Launch is “Good News”
It is no longer news that American banking giant JP Morgan recently launched it’s own cryptocurrency as the first bank to issue a cryptocurrency. However, the news has been received with mixed emotions, mostly anger as JP Morgan chairman Jamie Dimon is a known anti Bitcoin crusader. дальше »
2019-2-19 23:06 | |
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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency
On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […] The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News. дальше »
2019-2-18 21:01 | |
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Bitmain Announces Energy-Efficient ASIC Chip for Mining Bitcoin and Bitcoin Cash
Chinese mining giant Bitmain has announced its new 7nm ASIC chip, which reportedly enables faster and cheaper mining of BTC and BCH
дальше »2019-2-18 17:40 | |
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Moonday Mornings: Japanese ecommerce giant Rakuten may be getting into cryptocurrencies
With Bitcoin up 2. 7 percent over the past week, the cryptocurrency market closed in the green this weekend. But is the trend here to stay or are the bears coming to leave investors bleeding yet again? Let’s take a look at the news and find out. дальше »
2019-2-18 13:09 | |
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Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge
Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16. дальше »
2019-2-18 13:00 | |
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Baidu Launches Blockchain Engine for dApp Developers
China’s search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to a press release published February 14, 2019. дальше »
2019-2-16 02:00 | |
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JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments
Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins. дальше »
2019-2-15 16:59 | |
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Bitcoin Giant BitMEX: Major Financial Crisis Could Be Several Years Away
The economy is doing just fine, they say. No, maybe not. A growing number of economists (and notable ones at that) have begun to tout theses accentuating that the world’s economy isn’t in clear waters, in spite of the seemingly ever-rallying stock market. дальше »
2019-2-13 12:00 | |
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Despite Crypto Losses, GMO Internet’s Bitcoin Mining Business Had A Solid 2018 Posting $197 Million In Profits
Despite Crypto Losses, GMO Internet Had A Solid 2018 The Japanese IT giant GMO Internet, Inc. was a prominent piece of the crypto mining manufacturer industry in the country last year. However, despite being part of the industry, which had severe losses at the end of 2018, the company had a very positive report on […] дальше »
2019-2-13 03:33 | |
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Bitcoin’s 4 Bull Cycles Revisited: Tracing Back the BTC Prices from Cents to Thousands of Dollars
A recent post shared by crypto news outlet, Daily Hodl, assessed the giant, Bitcoin’s most crucial bull cycles experienced. Given cryptocurrencies’ nature, many experts have failed to predict where it might be headed. дальше »
2019-2-11 00:06 | |
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Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs
When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U. S. , Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation that is seemingly filled to the brim with cryptocurrency users. дальше »
2019-2-10 09:03 | |
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Breaking: Bitcoin Giant Bitfinex Sees Unexplained “Service Disruption”
Bitfinex Suddenly Shutters Site, Cites “Service Disruption” Not one hour ago, Bitfinex, the Hong Kong-headquartered Bitcoin powerhouse, divulged on Twitter that it was fully aware that its platform wasn’t “accessible to some users. дальше »
2019-2-9 12:18 | |
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Amazon Shoppers Don’t Want Jeff Bezos to Build a Bitcoin Exchange
A recent survey of Amazon users by Investing. com finds that just 13% of online shoppers would be comfortable buying Bitcoin and other cryptocurrencies through the e-commerce giant. About the same percentage of people would be comfortable buying prescription drugs and medical marijuana from Jeff Bezos and company. дальше »
2019-2-7 22:43 | |
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Argentina: Bitcoin Now Accepted for Public Transport in 37 Cities
Public transport riders in 37 localities across Argentina can now add credit balance to their SUBE travelcards with bitcoin. This comes through a collaboration between Alto Viaje, who provide the travelcard-loading platform, and Bitex, a fintech company. дальше »
2019-2-7 17:00 | |
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SBI Ready to Bring XRP and Other Cryptocurrencies to 23 million Clients in March
With the launch of their cryptocurrency exchange, VCTRADE nearing, Japanese Financial giant SBI has already enabled the deposits and withdrawals of BTC, XRP, and ETH. In addition, according to CEO Yoshitaka Kitao they will also support Bitcoin Cash when the platform launches. дальше »
2019-2-6 08:40 | |
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Bitcoin’s 10 Year Bubble History: Looking from the Long-term
The short past of Bitcoin has already been littered with now-famous obituaries made too soon from short-sighted perspectives from high-profile names and yet, it lingers. Cryptocurrency is still so new, no one can really know if it’s going to stay or not and Bitcoin, as the first and a giant, has so many boom-and-bust cycles […] дальше »
2019-2-6 06:50 | |
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Kraken Spends ‘Nine Figures’ Acquiring FCA-Regulated Crypto Facilities
Cryptocurrency exchange giant Kraken announced today the high-profile and expensive acquisition of Crypto Facilities — an established cryptocurrency trading platform and index provider that is regulated by the Financial Conduct Authority (FCA). дальше »
2019-2-5 06:30 | |
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Free Tickets to Seattle DevCon ahead of NEO 3.0 Announcement
Chinese giant welcomes future blockchain talent with free tickets to Seattle DevCon, ahead of NEO 3. 0 announcement. NEO is promising that details of its much vaunted 3. 0 upgrade will be announced at February’s second NEO DevCon in Seattle on February 16 to 17, 2019. дальше »
2019-2-3 19:00 | |
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Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application
Within a decade since its launch in 2009, Twitter CEO Jack Dorsey’s fintech company Square has transformed into a $29 billion digital payments giant and the go-to platform for users to send and receive money and buy Bitcoin. дальше »
2019-2-3 03:30 | |
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Crypto Tidbits: VanEck Refiles Bitcoin ETF, Wall Street Giant To Launch Custody
Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood. дальше »
2019-2-3 21:00 | |
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Crypto Analyst: Ripple Labs (XRP By Extension) Gaining Stature In Fintech
Ripple Labs Growing Stature In Fintech Pushes XRP Higher While the broader crypto market, including Bitcoin (BTC), has seemingly been in the midst of a lull, Ripple Labs has seen a tumultuous past few days, as the nascent crypto sector was bombarded with news regarding the San Francisco-based fintech giant, headed by Brad Garlinghouse. дальше »
2019-2-2 07:30 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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Fidelity Confirms Crypto Rumors, Recognizes Potential Of Bitcoin
Fidelity’s Crypto Platform In “Final Testing” The broader crypto industry was shocked on mid-October, when Fidelity Investments, a Boston-based investment giant with tens of thousands of clients, and similarly impressive assets under management, revealed that it would be launching a pro-Bitcoin crypto platform. дальше »
2019-2-1 06:30 | |
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Japan: IM Giant LINE Signs MoU with Nomura Holdings, Forms Blockchain Alliance
Japanese IM giant LINE has signed a memorandum of understanding (MoU) with Nomura Holdings to foster the use of blockchain technology at large, this according to a press release published January 30, 2019. дальше »
2019-2-1 01:00 | |
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NEO Set to Announce Details of 3.0 Upgrade During 2019 DevCon and Offering Free Tickets for Students
NEO, the Chinese blockchain giant, is having its second Seattle DevCon event on February 16 and 17, 2019. It is promising to provide details of the upcoming NEO 3. 0 upgrade for the blockchain-based smart economy platform. дальше »
2019-1-31 17:09 | |
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Japanese IT Giant Fujitsu Leverages Blockchain, Streamline’s Energy Problems
According to a press release published on January 30, 2019, Fujitsu Limited has successfully trialed a blockchain-powered platform to mitigate inefficiencies pertaining to energy shortages as well as surpluses among consumers and companies. дальше »
2019-1-31 02:00 | |
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Fidelity Could Be Planning to Launch Its Bitcoin Custody Service in March
Mutual-fund giant Fidelity is unnerved by the bearish performance of digital currencies in January 2019 and is eyeing a March launch date for its BTC custody service. The news was reported today by Bloomberg, who state they got the information from three people close to the matter. дальше »
2019-1-30 18:39 | |
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JP Morgan is Bullish on Blockchain, Not Bitcoin, for Improving Banks and Payment Systems
Financial giant JP Morgan has not been silent when it comes to cryptocurrency. Recently, the institution released a report that asserted Bitcoin could dip all the way down to $1260 before it starts moving upward in price. дальше »
2019-1-30 17:27 | |
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Wall Street Demand For Bitcoin Surging? Fidelity Plans Crypto Custody
Fidelity Plans Bitcoin Custody Launch For March On Tuesday, reports arose that Fidelity Investments, the Boston-based finance giant with trillions of dollars worth of assets under management, revealed that its crypto-centric subsidiary, Digital Asset Services (FDAS), has plans to launch its Bitcoin (BTC) custody service by March. дальше »
2019-1-30 01:32 | |
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JPMorgan Argues Bitcoin Only Valuable in a ‘Dystopian’ Environment
JPMorgan analysts say Bitcoin appeal only exists in a dystopian environment. The Wall Street giant also believes Bitcoin isn’t a safe haven despite outperforming the S&P and Dow Jones over the past decade. дальше »
2019-1-29 21:00 | |
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Kik Looks to Challenge SEC over ICO Securities Debacle
According to a report by The Wall Street Journal published on January 27, 2019, Canadian social-media giant Kik Interactive Inc. is contemplating locking horns with the US Securities and Exchange Commission (SEC) over the latter’s diktat on the legal status of tokens issued throug initial coin offerings (ICOs). дальше »
2019-1-28 16:00 | |
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Wall Street Analyst: Bitcoin (BTC) Showing Bubble-Like Properties
Bitcoin Displaying Bubble-Esque Properties Hot on the heels of a Reuters report divulging J. P. Morgan & Chase’s dissatisfaction with the Bitcoin industry, CNBC has revealed that the Wall Street giant’s anti-crypto sentiment runs much deeper than previous reports would indicate. дальше »
2019-1-26 04:54 | |
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Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia
Cryptocurrency mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million to do it. The Series B funding round was raised from SBI Crypto Investment, a subsidiary of Japanese financial giant SBI Holdings. дальше »
2019-1-26 20:04 | |
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Lack of “Consistency” in Bitmain Business Model Jitters IPO Ambitions
According to a report by 8BTC published on January 24, 2019, an “inconsistent” business model might be to blame for cryptocurrency mining giant Bitmain’s diminishing chances of being listed on the Hong Kong Stock Exchange (HKSE). дальше »
2019-1-26 20:00 | |
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JP Morgan: Bitcoin (BTC) Could Fall To $1,250 If Crypto Bear Market Persists
JP Morgan Expect Bitcoin (BTC) To Plunge According to an exclusive report from Reuters, JP Morgan’s very own analysts have begun to express cynicism towards cryptocurrencies, namely Bitcoin. дальше »
2019-1-25 04:30 | |
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BloqLabs Introduces Cryptocurrency Mining Management System
BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs. дальше »
2019-1-24 20:20 | |
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The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App
In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia. дальше »
2019-1-21 16:08 | |
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Bitcoin Giant Bitfury Enters Music Industry with Its New Blockchain-Based Platform
CoinSpeaker Bitcoin Giant Bitfury Enters Music Industry with Its New Blockchain-Based Platform Named SurroundTM, Bitfury's music entertainment division will provide a digital system for both monetizing and sharing intellectual property. дальше »
2019-1-21 12:53 | |
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Haven, a New App From OB1, Lets Users Chat, Shop and Send Crypto Privately
Blockchain startup OB1, the developers of decentralized shopping platform OpenBazaar, have announced Haven, a privacy-focused app for socializing with friends and making purchases with cryptocurrencies. дальше »
2019-1-19 00:57 | |
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Binance launches new outpost in Jersey, UK and rolls out EUR\GPB Trading Pairs
Crypto-exchange giant Binance announced that it was opening new offices on the island of Jersey, United Kingdom, and has also established a EUR\GBP trading pair amongst others (Jan. 16, 2018). Expansion According to the company’s post, Binance. дальше »
2019-1-18 14:00 | |
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Bitcoin Giant Grayscale Bolster Institutional Offerings, Launches Stellar Lumens Trust
While Bitcoin (BTC) and a majority of cryptocurrencies, save for Augur’s REP, have remained in a mundane price lull to start 2019, this industry’s upstarts have forged ahead. Grayscale Investments, a self-proclaimed “global leader in digital asset management,” recently launched an investment vehicle centered around Stellar Lumens (XLM) in a seeming bid to spark Wall. дальше »
2019-1-18 23:00 | |
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VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019
Bitcoin and the rest of the cryptocurrency market will grow slowly and steadily in 2019, Gabor Gurbacs told Nasdaq. The chief digital asset strategist at VanEck, a New York-based investment giant, said that investors would be more comfortable while investing in digital assets. дальше »
2019-1-17 17:55 | |
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