Litecoin Faces Key Hurdle in Push Back to Record Highs: Price chart analysis suggests litecoin could soon revisit record highs. If so, the development would mark a reversal from last week, when the world’s fifth largest cryptocurrency reached new heights at $341.80, only to lose ground to bull market exhaustion. However, most notably, the subsequent … Read more
The Transformed Role of Government in the Blockchain Era: Having been part of the U.A.E. government’s rapid transformation over the last two decades, I find myself, for the first time, at an unusual junction: Business as usual or complete disruption and reassessment of the role of government and its relationship to its constituents. The culprit … Read more
Bull Market Breather? Bitcoin Retreats After Run on $20k: Bitcoin is trading on the back foot today following the bullish debut of futures on the CME. Having clocked a new all-time high of $19,783 at 12:14 GMT yesterday, CoinDesk’s Bitcoin Price Index (BPI) is trading at $19,178. Further, data source CoinMarketCap shows bitcoin (BTC) has … Read more
Bitcoin debuts on the world’s largest futures exchange, and prices fall: CME, the world’s largest futures exchange, launched its own bitcoin futures contract Sunday under the ticker “BTC.” The futures fell 3.8 percent to $18,760 about four hours after opening at $20,650 and rising slightly. The move lower was a stark contrast from the 19 … Read more
– CryptoKitties is a “cryptocollectable” game where people collect digital cats with specific traits, which can be used to breed other digital cats. – Since no centralized organization created all the cats, and the system is recorded on a ledger to prevent fraud, its founders say it may be an easy way to understand blockchain technology. … Read more
Teenage bitcoin millionaire: ‘It’s a wonderful time to buy bitcoin”: A lot has changed since 2011, when Erik Finman invested a cash gift from his grandmother into bitcoin. Six years later, bitcoin’s value is up exponentially, and Finman, now 18, is a millionaire. But one thing that hasn’t changed is Finman’s enthusiasm for the cryptocurrency. … Read more