Bitcoin

MrBitcoin August 1, 2018

Figures from a recent poll indicate that bitcoin and cryptocurrency are still viewed with suspicion by most U.S. investors, with only 2 percent of them holding bitcoin and another 75 percent of them describing bitcoin as “very risky.” Conducted by Gallup and Wells Fargo, the poll surveyed nearly 2,000 American investors with holdings exceeding $10,000. […]

MrBitcoin July 29, 2018

After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division. The company will relaunch to U.S.-based customers shortly. This marks one of the first times a blockchain company has fought back against […]

MrBitcoin July 28, 2018

A remote location in Morocco has become a strategic spot to build a 900-megawatt wind farm as bitcoin miners look for cheap electricity in order to set up their computing centers. The spot south of Marrakesh is likely to turn into a cryptocurrency mining hub as the ecosystem favors renewable energy rather than utility grids […]

MrBitcoin July 26, 2018

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken’s TrueUSD is fiat-collateralized. Under this model, each token (in theory) should be backed 1:1 with a corresponding dollar in a related bank account. This model may not play out in practice as it does in […]

MrBitcoin July 23, 2018

Dash is establishing itself as one of Venezuela’s most popular cryptocurrencies. Bitcoin may still be king on the international scene, but in South America’s northernmost country, dash is vying for superiority. And, according to Latin American exchange Cryptobuyer, it has all but usurped bitcoin in the region. “Cryptobuyer was the first platform in Latin America […]

MrBitcoin July 23, 2018

Gary Gensler was chairman of the U.S Commodity Futures Trading Commission (CFTC) between 2009 and 2014, right after the global financial crisis. Today, Gensler is part of MIT’s Digital Currency Initiative, lecturing students on blockchain technology and cryptocurrencies. Gensler was instrumental in dealing with some of the cleanup from the global financial crisis of 2008. […]

MrBitcoin July 21, 2018

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. In a Medium post, the company, which describes […]

MrBitcoin July 19, 2018

Once called “Crypto Nation,” Switzerland has recently been driving away the ecosystem after setting up a more stringent regulatory framework. Having dropped from second place last year to sixth in 2018, in a PwC country ranking of the sum of initial coin offering (ICO) funds raised, the government is attempting to make a U-turn in popularity […]

MrBitcoin July 18, 2018

In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). A couple days ago, shortly after testing the left shoulder of the head-and-shoulders reversal (H/S), the market reacted strongly […]