bitcoin

5 Bold Crypto Predictions For 2019

Not many things in modern society are more difficult to project than cryptocurrency. With massive swings in value, unpredictable shifts in regulation, and a great deal of uncertainty regarding utility and purpose among the general public, cryptocurrency is essentially the…


Is There Any Credence to Tom Lee’s $15K BTC by Year End?

Noted crypto-bull Tom Lee recently made a seemingly outlandish claim – that Bitcoin is going to end 2018 at $15,000. While he lowered the number down to $15,000 from his original prediction of $25,000, he sticks by his new number…


What Does the Current Crypto Capitulation Mean?

What Does the Current Crypto Capitulation Mean? The cryptocurrency market recently went through yet another crash. This time, Bitcoin is to blame. While finding the culprit is easy, determining the impact of capitulation on the future of cryptocurrency is slightly…





Inside the mysterious Bitcoin hash that shook up the cryptocurrency community

#00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4aYou know how geeky the cryptocurrency community is, when this is the trending hashtag on Twitter.This long sequence is a ‘block hash’ — a cryptographic number that is produced when new transactions are validated and written on the Bitcoin blockchain. This particular hash belongs to block number 528249 created on Tuesday.Usually, no one is excited about block hashes — but there was something very peculiar about the sequence that threw the whole community into a frenzy.This was the presence of “21e8” in the middle of the string after the zeros end.“E8 Theory” is a theory in physics that attempts to describe all fundamental interactions in the universe such as gravitational, nuclear and electromagnetic forces. The theory was proposed by Antony Garrett Lisi in his paper “An exceptionally simple theory of everything” in 2007.The theory is not yet proven — and for the most part was never taken seriously by ‘mainstream’ physicist. But some cryptocurrency enthusiasts are reading between the lines to pitch their own conspiracy theory.


Crypto responds to the Bank of International Settlement’s bitcoin report

To bitcoin adherents, bitcoin and other cryptocurrencies are still a work in progress. Yes, its energy usage is an issue but it’s one that developers are aware of any trying to solve.One blockchain professional I spoke to on Thursday compared the BIS report to saying the world would be in trouble if a baby was put in charge. Babies tend to grow up before they are given any responsibility and crypto developers are hard at work helping bitcoin and other digital currencies grow up.”I don’t think many people appreciate just how early stage this technology is,” Jamie Burke, the founder and CEO of specialist bitcoin and blockchain VC fund Outlier Ventures, told the Blockchain Alternative Investment Conference in London on Monday.Something like 98% of bitcoin’s original code base has been rewritten since it was first created in 2009 and developers around the world continue to work on new ideas, solutions, and technology.Allarie said: “I’m deep, deep in it and I’m a pretty technical person and I cannot keep up. There’s so much. I’m not even close. There’s just so much activity and so much innovation happening. I’ve never seen anything like it, it’s just happening at such a pace.”


Apple Co-founder Steve Wozniak Wants Bitcoin To Be Single Global Currency

Steve Wozniak, Apple co-founder, wants to see Bitcoin as the single global currency, echoing comments made by Twitter CEO Jack Dorsey recently.”I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way, that is so pure thinking,” Wozniak told CNBC on the sidelines of a financial conference in Amsterdam, Netherlands.Bitcoin will become the global currency for payments after overtaking the dollar’s dominant place within a decade, Dorsey had said in March in an interview to the UK’s Times newspaper.In May, however, Dorsey said the internet was set to have a native currency. He was unsure if it would be Bitcoin, but hoped it would be so.


Gold ETF Exec Switches Allegiance to Bitcoin ETF

According to Grayscale CEO Barry Silbert, the addition of McDonald to the team could help the firm to expand its reach as digital asset ETFs continue to become increasingly common and popular. Silbert explained that McDonald brings “a wealth of knowledge and experience managing ETFs and other complex financial instruments” to her new role, adding that “she will play a critical role for Grayscale as digital currencies continue to grow as an asset class for institutional and individual investors,” according to a report by PRNewsWire.com.

Grayscale is perhaps best known as the provider of single-asset and diversified investment products, most notably Bitcoin Investment Trust (GBTC), the first publicly-quoted instrument which was solely invested in bitcoin.