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Tag Archives: Bitcoin

Bitcoin: the First Ten Years

Nov 1, 2018

lylian

Ten years ago today, the peer-to-peer digital currency Bitcoin made its debut. A mysterious person going by the fictitious name Satoshi Nakamoto released a paper, saying how his new money would work. It was meant to be a global, digital currency that governments and banks couldn't interfere wi...

Bitcoin at 10: Industry Maturing, Experts Say

Oct 31, 2018

Olusegun Ogundeji

It's Bitcoin's tenth year anniversary. On 31 Oct. 2008, the whitepaper that birthed Bitcoin as a peer-to-peer electronic cash system was released by yet-to-be-identified programmer, Satoshi Nakamoto. The cryptocurrency was later made public by Jan. 2009 and has since grown to have a $109 bl...

Top Court Wants India’s Clarity on Crypto in Two Weeks

Oct 29, 2018

Olusegun Ogundeji

An end is not in sight for what would become of the confiscation of India's first Bitcoin ATM and the subsequent arrest of a Unocoin crypto exchange co-founder on Tuesday Oct. 23. Two days after Unocoin's Harish BV was arrested, India's Supreme Court gave the central government two ...

Linking Crypto to Growing Non-Cash Transactions in China and India

Oct 26, 2018

Olusegun Ogundeji

Global non-cash transactions grew by 10% between 2015 and 2016. China and India are leading with the highest growth rate according to the new report by digital consultancy firm, Capgemini and BNP Paribas. That is, fewer people in India (33.2% YoY), China (25.8% YoY) and South Africa...

Canaan’s 5nm Mining Chip is Underway, Aim Bigger on Overseas Market

Oct 25, 2018

lylian

Canaan, the world’s second largest manufacturer of cryptocurrency mining hardware, unveiled that it has been seeking to develop a 5nm mining chip, just two months after it rolled out its new 7nm mining chip. While the 7nm battle is just beginning, leading contenders have already on the way to ...

Relevance of Recent Crypto Moves Ahead of Next Halving

Oct 20, 2018

Olusegun Ogundeji

The Bitcoin futures trading of top financial market company, CME Group Inc., is up. In a tweet on Wednesday, Oct. 17, the company notes that Bitcoin futures average daily volume rose by 41% in Q3. The increasing interest is a plus to the crypto markets' readiness for the next Bitcoin b...

Bull Run: Keep Expectations low to Avoid Disappointment

Oct 16, 2018

Olusegun Ogundeji

The next crypto bull run, if it ever comes again and soonest, will likely happen when least expected, just as the spike seen in the past 24 hours. The unexpected Tether sell-off on Oct. 15 pushed Bitcoin's price by about 12% from $6300 to $7200, supporting the view that a crypto bull market ca...

The First Sue Case between Two Chinese Bitcoin Big Players

Oct 12, 2018

ChloeJiang

Li Xiaolai, a man described by South China Moring Post as “China’s most high profile bitcoin tycoon” has been involved in a sue case, shortly after he announced that personally will not invest in blockchain projects in the future. In October 11, 2018, Li Xiaolai, the richest Chine...

Bitcoin is Mature to Compete With Global Forex Market

Oct 12, 2018

Olusegun Ogundeji

Bitcoin has met all the important criteria of financial maturity and could compete with the world's largest forex market at some point, researchers at the Institute of Nuclear Physics of the Polish Academy of Sciences have claimed. Their detailed statistical analysis of the Bitcoin marke...