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BTC Miners: No More Basement Rigs, Greater Profits to Come

Bitcoin mining has become a multibillion-dollar industry — but with 85% of Bitcoin extracted, is it still profitable? Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry…
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Ripple’s Client Base Up 50%, c. 7% Use XRP for Cross-Border Liquidity

California-based blockchain startup focusing on payment technologies, Ripple, has seen its client base grow 50% this year, while some 7% use XRP for cross-border liquidity. “This year has been our strongest for Ripple yet,” Brad Garlinghouse, CEO of Ripple, said in a recent interview with a Forbes contributor. In their latest  Read more »Pay/Trade/Buy Bitcoin…
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Swell the News? XRP Drops 5% as Ripple’s Flagship Event Kicks Off

The controversial third-largest cryptocurrency XRP decisively rejected by resistance at $0.30 to continue trading near all-time lows. Ripple’s annual Swell conference has failed to induce positive price action for associated token XRP, data following the event shows. Price data from Coin360 covering XRP/USD showed selling pressure take over on Nov. 7, as the two-day conference…
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PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart

Auditors allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology itself. Experts allege the biggest hurdle facing the blockchain systems being adopted by food retail  giants such as Walmart and Nestlé has nothing to do with the technology…
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Hong Kong Steps Up Research Into Central Bank Digital Currency

The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020. The Hong Kong Monetary Authority (HKMA) has revealed it is conducting research into applications for a central bank digital currency (CBDC). Ejinsight reported on the news — announced during the Hong Kong…
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Bitcoin and Altcoins Struggle to Move Higher

After a failed upside attempt near the USD 9,500 resistance, bitcoin started a fresh downward move. BTC/USD traded below the USD 9,400 and USD 9,350 levels. It is currently (08:00 UTC) declining and may test USD 9,200 or USD 9,050. Similarly, altcoins struggled to continue higher and correcting gains, including ethereum, ripple, bitcoin cash, litecoin,…
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Max Keiser: Bitcoin’s ‘Self-Settlement’ Is a Revolution Against Dollar

Transacting in both paper and the precious metal involves “friction,” whereas Bitcoin combines settlement and transacting, says the Wall Street veteran. Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said. In the latest episode of the network’s Keiser Report on Nov. 7, the well-known…
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Tezos Price Rallies, Beats 99 Cryptos on Coinbase, OKEx News

On Thursday morning (UTC time), Tezos (XTZ) is the best-performing coin among the top 100 by market capitalization, surging on news from two major cryptocurrency exchanges. At pixel time (06:32 UTC), XTZ, ranked 19th by market capitalization, trades at c. USD 1.15 and is up by 27% in the past 24 hours and by 31%…
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Why Are Gamblers Choosing to Gamble with Bitcoin?

Disclaimer: The text below is a press release. _________________ Bitcoin gambling is becoming increasingly popular these days. Many Online casinos are integrating virtual currencies into their payment systems and players all around the world are switching to the new popular solutions. After the events of December 2017, the attention of the whole world was glued…
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Russia: New Law Would Let Police Confiscate Bitcoin From 2021

A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC).  As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s…
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