This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series.
I remember reading Satoshi Nakamoto’s bitcoin white paper for the first time a few weeks after it was released. I also remember the phrase that really grabbed my attention:
“We propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions…”
Of course, at the moment, I thought, “Whoa, this can’t be true. How can he possibly have a solution to the double-spend problem that is peer to peer?”
Up until Satoshi’s…
A new token is set to be launched on the ethereum blockchain this January, one that will be backed one-for-one by the world’s largest cryptocurrency.
The companies behind the initiative include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. What’s more, a number of ethereum-based projects are also reporting that they will support adoption of the token once released.
These include decentralized cryptocurrency exchanges and finance-focused blockchain projects participating as “launch members,” such as MakerDAO, Dharma, Airswap, Gnosis, IDEX, Radar Relay, Compound, DDEX, Hydro Protocol, Set Protocol and Prycto.
Aimed at replicating the…
Distributed ledger tech startup Ripple saw revenue from the sale of the digital asset XRP more than double this past quarter compared to the second quarter of 2018.
In its Q3 2018 XRP Markets Report, released Thursday, Ripple announced it sold $163.33 million in XRP, up from $75.53 million in the second quarter. Most of the increase came from institutional direct sales, where Ripple subsidiary XRP II sold $98.06 million, compared to only $16.87 the quarter before. It saw a much smaller increase in programmatic sales quarter-over-quarter, going from $56.66 million to $65.27 million.
That being said, Ripple has yet…
Bitcoin price tested the key USD 6,450 support area and later recovered. BTC/USD moved higher and traded above the USD 6,500 resistance, but gains were limited. Similarly, ethereum price recovered after dropping below the USD 200 support. It could continue to move higher in the short term towards the USD 208 and USD 210 resistances. Ripple performed well as it traded above the USD 0.450 and USD 0.460 resistance levels. Overall, the market sentiment slightly improved, but bitcoin is still trading well below the USD 6,550 and USD 6,600 barriers.
Taiwanese consumer electronics giant HTC has officially launched its first blockchain phone, which will be sold exclusively in crypto.
Called Exodus 1, the blockchain mobile phone of HTC is available to consumers at a fixed price of 0.15 Bitcoin (ETC) and 4.78 Ethereum (ETH), nearing the price of the new iPhone XS that has a starting price of $999.
The Exodus 1 is sold at around $975 based on the current price of Bitcoin at $6,500. However, as the price of BTC rises, the price of the phone will also increase substantially. …
The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.
Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.
Per the document, ICE will list Bakkt Bitcoin (USD) Daily Futures Contracts for trading on Dec. 12, 2018. The product will be physically-settled and cleared by ICE Clear U.S., Inc. The notice further explains:
“Each futures contract calls for delivery of one bitcoin held in…
Internet marketing is not always about SERP. But it is always about searching for new marketing channels and effective tools for online business promotion. Social networks are currently attracting more and more active users, so there is no surprise that almost every campaign has its corporate account on the Facebook, Twitter, LinkedIn or Instagram.
But due to the enormous number of sponsored ads, posts, promotional campaigns and questionnaires that all aim to increase brand awareness and drive traffic to their websites, the competitive struggle is pretty tough. This makes newcomers seek for alternative channels to reach their target audience. A…
Digital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.”
Neteller is a service operated by Paysafe Financial Services Ltd., a wholly-owned subsidiary of Paysafe Group Ltd. Paysafe Financial Services was founded in 1999 to provide an online alternative to traditional payment methods. The group announced on Friday that Neteller has launched an “in-wallet buy-and-sell cryptocurrency feature,” elaborating:
“ As of today, Neteller…
Bitcoin (BTC) has dropped out of the tight trading range seen recently, paralleling losses in the U.S. stock markets.
The leading cryptocurrency, which was trapped in a triangle pattern (narrowing range) above $6,400 yesterday, had looked set for a breakout. However, the bullish technical setup failed and BTC found acceptance below the triangle support of $6,430 at 17:30 yesterday. The downward move was possibly linked to risk aversion in the U.S. equities, with the S&P 500 opening on a negative note Thursday and closing with a 1.4 percent loss.
Bitcoin and the S&P have appeared to correlate on and off…
Friday, Oct. 19: crypto markets are seeing minor losses across the board, as low volatility continues. The top 10 cryptocurrencies are seeing an equal amount of positive and negative fluctuations, but almost all very minor, capped within a 2 percent range, as Coin360 data shows.
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