Bitcoin Price Drops Further As Circle CEO Says ‘Core’ Crypto Assets ‘Undervalued’

Circle CEO Jeremy Allaire has said he believes “core” cryptocurrency assets are undervalued as the Bitcoin price tumbles closer to $3500. Allaire: ‘Markets Are Oversold’ In a Reddit ‘Ask Me Anything’ session January 10, Allaire, whose company famously decoupled itself from Bitcoin in 2016, also forecast less correlated trading in altcoin markets. “My general perception is that the markets have been oversold and that some core assets have decoupled from their usage, which suggests they

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Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

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Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin

Nick Szabo

Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies.  Cryptocurrency Over Gold Speaking at the Israel Bitcoin Summit at Tel Aviv University on January 8th, legendary cryptographer, Nick Szabo, said that national central banks might resort to cryptocurrency reserves as means of supplementing existing national gold reserves. “Bitcoin

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Daily On-Chain Bitcoin Transactions Hit Yearly High

Despite the prolonged bear market of 2018, the year has seen a steady increase in the number of confirmed Bitcoin transactions. They are currently at their highest point since mid-January 2018.  Real Adoption Regardless of the sharp decline in Bitcoin price in 2018, the cryptocurrency has seen a steady increase in the number of transactions throughout the entire year. Data from Blockchain.com shows that the number of confirmed Bitcoin transactions is currently higher than that on January

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Bitmain Replaces CEO Jihan Wu After Bitcoin Cash Gamble Fails

Bitmain Woes

Inside sources say that Bitmain Technologies plans to name a replacement CEO to take over from co-founders Jihan Wu and Ketuan Zhan. New Bitmain CEO According to the South China Morning Post (SCMP), the Bitcoin mining behemoth is looking to name a new CEO to replace the company’s co-founders. Anonymous sources say, Haichao Wang, the current Engineering Director is the front-runner for the job. While there is no official word from Bitmain, these sources say the

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This $3M Palazzo in Malta Can Be Bought Only For Bitcoin

Malta Valletta Bitcoin real estate

Despite the BTC price drop, the owner of a $3 million palazzo in Valletta, Malta, refuses to accept anything but Bitcoin. 421-Year-Old Palazzo: Only BTC Accepted Malta has undoubtedly managed to establish itself as one of the friendliest nations towards cryptocurrencies and blockchain. To further attest to this, the owner of a $3 million building in the heart of Valletta – the country’s capital, is reportedly accepting only Bitcoin for its purchase. The building is

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Bitcoin Price Bounces as Cryptocurrency Market Sees Relief Rally

Cryptocurrency markets staged a modest relief rally November 21 as the impact of news trading platform Bakkt had pushed back its launch subsided. Markets Shrug Off Bakkt And Bitcoin Cash Led by Bitcoin Cash , the fourth largest cryptocurrency by market cap which lost 50 percent of its value Monday, the twenty major cryptoassets all made gains on the day, the only exception being Tezos, which lost 4.3 percent. Bitcoin price had already corrected from weekly

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‘Yes, You’ Need a Bitcoin Hardware Wallet: Ledger Reveals 1.3 Million Units Sold

U.S State of Nevada’s Most Popular Purchase is the Ledger Crypto Hardware Wallet

Cryptocurrency hardware wallet manufacturer Ledger has sold over 1.3 million units as of this month, the company revealed in a blog post October 10. Wallet Manufacturers Target The Millions Discussing whether or not cryptocurrency investors “need” hardware wallets, CEO Eric Larchevêque disclosed the figure, which potentially makes Ledger the biggest-selling hardware wallet on the market. Competition in the sector remains limited to a handful of manufacturers, with other well-known names such as TREZOR and KeepKey

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Coinbase Gets Backlash for Listing ‘Highly Experimental’ ZRX

coinbase ZRX 0x

Controversy is returning to Coinbase this week after the exchange rolled out support for “highly experimental” altcoin 0x (ZRX) across its product line October 16. Why ZRX? Having initially added ZRX trading to its Coinbase Pro platform last week, Coinbase lost little time in doing the same for its regular Coinbase.com and mobile apps. The previously low profile of 0x, together with the ownership ties between its partner Paradex and Coinbase, have already led to

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Overstock’s tZero Issues SEC-Complaint Security Tokens

nasdaq overstock tzero

tZero announced it has issued its preferred tZero security tokens, sold during the Security Token Offering (STO) earlier this year. The company raised $134 million from investors worldwide during the months-long STO. ICO to STO The offering launched as a more typical pre-sale ICO towards the end of last year. This became the second stage STO in March, after review by the Securities and Exchange Commission (SEC). tZero raised $134 million from investors worldwide over the

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