Jump to content
  • We've upgraded the website with a lot of new features!
  • 3 NEW THEMES! Click on the + Themes button above!
  • New video section, add your videos: VIDEO SECTION
  • Advertising will be available shortly, hold tight.
  • If you have any issues with the new site, please submit a support ticket: SUPPORT

Carmela Tim

  • Content count

  • Joined

  • Last visited

  • Time Online

    29m 29s
  1. Monday morning, the SEC announced in a press release that the organizers of the Munchee ICO had terminated the token sale in accordance with an SEC order. To comply with the order, Munchee immediately halted the token sale and refunded all investor proceeds. According to the SEC’s cease-and-desist order (PDF), although Munchee had marketed its coin as a utility token, the ICO organizers had marketed it as a security token, even though Munchee had not registered its securities offering with the SEC or followed other applicable securities regulations. Source: http://strategiccoin.com/sec-just-halted-another-ico-means-startups-token-buyers/
  2. The first ethereum futures contracts will likely be trading on a regulated U.S. derivatives exchange within the very near future, providing the second-largest cryptocurrency with its first exposure to the institutional markets. Ethereum Futures on the Horizon The launch of bitcoin futures on U.S. exchanges Cboe and CME is expected to be a watershed event, introducing a wave of liquidity to the bitcoin ecosystem and transforming bitcoin into a mainstream financial instrument and portfolio asset. However, analysts who follow the industry closely believe that the ripple effect of these futures contracts will spill over into the broader cryptoasset markets. Source: http://strategiccoin.com/ethereum-futures-will-launch-sooner-than-you-think/
  3. The global average bitcoin price rose to a new all-time high on Tuesday, briefly crossing the $12,000 threshold. The rally raised bitcoin’s market cap above $200 billion, making it not only the most valuable cryptocurrency but also the world’s 22nd-largest circulating currency. Bitcoin reached the $12,000 milestone less than a week after surpassing $11,000, and the bitcoin price has now doubled since November 12, when it briefly dipped below the $6,000 mark. At present, bitcoin has a market cap of $201 billion, making it four-and-a-half times larger than ethereum, the second-largest cryptocurrency. Source: http://strategiccoin.com/bitcoin-price-now-has-the-worlds-22nd-largest-liquid-money-supply/
  4. Until now, the Winklevoss twins have been best known for suing Facebook founder Mark Zuckerberg, claiming that he stole their idea to create a social networking website while they were all students at Harvard. The brothers received $65 million as a result of that suit, but what they did next will likely ensure that they are remembered for something far more distinctive. In 2013, the brothers took $11 million of the funds from that settlement and invested in bitcoin — at just $120 per coin. This investment garnered them nearly 1 percent of all bitcoins that were in circulation at that time. Source: http://strategiccoin.com/meet-the-worlds-first-bitcoin-billionaires/
  5. A partner at one of the world’s most-respected venture capital firms predicts that the combined market capitalizations of bitcoin and other cryptocurrencies could one day number in the trillions of dollars. Albert Wenger, a partner at Union Square Ventures, told CNBC that although he believes the recent bitcoin price surge has been fueled by “irrational exuberance,” he also anticipates that the total cryptocurrency market cap will ultimately rise past the trillion-dollar mark. Source: http://strategiccoin.com/bitcoin-cryptocurrencies-worth-trillions-tech-vc/
  6. The bitcoin price has exhibited intense volatility since breaking through the historic $10,000 milestone. Tuesday evening, the bitcoin price rose to $10,000 against the dollar, marking BTC/USD’s first foray into five-figure territory. The global average had hit that mark much earlier in the day, fueled by large premiums on bitcoin exchanges in South Korea and Japan, but traders at Western exchanges had been far more hesitant to move across this historic checkpoint. Consequently, BTC/USD traded near $9,900 for most of the day, until — at approximately 9 p.m. ET — bitcoin hit $10,000 on Bitfinex, the largest exchange that supports USD trading. Source: http://strategiccoin.com/bitcoin-price-volatile-after-reaching-historic-10000-milestone/
  7. Crypto Hedge Fund Exec: Bitcoin Is Like the Internet in 1994 It’s true that 2017 has been a watershed year for bitcoin, but writing in Forbes, Ari Paul says that the industry is still in its infancy. Paul, the chief investment officer at crypto hedge fund Blocktower Capital, said that his firm estimates that less than 1 percent of the world’s population has been onboarded into the bitcoin ecosystem. By this metric, bitcoin usage is at roughly the same level as the internet in 1994. Source: http://strategiccoin.com/bitcoin-is-like-the-internet-in-1994-crypto-hedge-fund-executive/
  8. The ethereum price has shattered its all-time high on the heels of a week-long rally fueled by speculation that ethereum-based futures contracts will launch in the near future. Last week, Mike Novogratz, the billionaire manager of crypto hedge fund Galaxy Investment Partners, forecast that the ethereum price was poised to embark on a record-setting rally and would ultimately end the year above $500. This was a tall order. At the time he made that prediction, ethereum was trading at $350, more than $60 below the high-water mark it set in June. However, the prediction was prescient, and just two days later — on Thanksgiving — the ethereum price began to scale the charts with ease. That day, it burst through $420, giving ethereum its first record-setting day in more than five months. Source: http://strategiccoin.com/ethereum-price-surges-to-all-time-high-on-derivatives-speculation/
  9. Blockchain research firm Chainalysis has found that as much as $32 billion worth of bitcoins have been permanently lost — never to be recovered. Unlike physical currency, bitcoins can never truly be lost or destroyed. However, users can — and often do — lose access to their bitcoin wallets, effectively placing their coins in a network lockbox that will never be reopened. According to a recent analysis of blockchain data, the value of that lockbox is becoming quite large. As reported in Fortune, blockchain analytics and digital forensics startup Chainalysis estimates that 2.78 million to 3.79 million bitcoins — or 17 percent to 23 percent of the total coins in circulation — have been lost forever. Since only 21 million bitcoins will ever exist, this is a significant sum, and at the present exchange rate, the value of these lost coins amounts to approximately $23.9 billion to $32.6 billion.
  10. CME Group chairman emeritus Leo Melamed believes that bitcoin is on track to become an entirely new asset class that will be regulated and traded alongside stocks and precious metals. Melamed, now 85, was first elected chairman of the CME in 1969, and he was instrumental in launching the International Monetary Market currency futures trading in the early 1970s. He told Reuters that he sees parallels between the skepticism he faced when trying to introduce currency trading as a mainstream financial instrument and the criticisms often lobbed at the nascent bitcoin markets. Read More: http://strategiccoin.com/well-tame-bitcoin-cmes-melamed-lauds-new-asset-class/
  11. The leading promoters of the SegWit2x Bitcoin software upgrade have suspended plans to activate this controversial hard fork. In blockchain development, a hard fork occurs when a software upgrade is incompatible with previous versions. Users who continue to use the legacy version will essentially operate on a different blockchain than those who upgrade to the new version. If a critical mass of users refuses to upgrade to the new software, the blockchain splits apart and becomes two distinct cryptocurrencies. Ethereum Classic originated in this manner in 2016 after a segment of the Ethereum community refused to follow a hard fork due to philosophical disagreements. SegWit2x was a proposal intended to help the Bitcoin network scale to accommodate increased numbers of users and transactions by increasing the size of the files, known as “blocks”, that record transaction data. The lead developer was Jeff Garzik, one of the earliest bitcoin programmers and a co-founder of the innovative cross-blockchain cryptocurrency Metronome. Source: http://strategiccoin.com/bitcoin-avoids-blockchain-fracture-following-segwit2x-suspension/
  12. Increasingly, retail investors are diversifying their assets by investing in cryptocurrencies such as bitcoin and ethereum. However, many investors express confusion at the sometimes-inexplicable bitcoin price swings that occur on a day-to-day basis. 1. Regulatory Factors 2. Media Attention 3. Professional Day Trading Source: http://strategiccoin.com/3-factors-that-cause-bitcoin-price-swings/
  13. Pantera Capital founder Dan Morehead believes that bitcoin and other cryptocurrencies are likely going to become “rational, expected” components of a diversified investment portfolio due to their tremendous upside. Source: http://strategiccoin.com/pantera-capital-ceo-explains-bitcoin-will-expected-part-portfolio/
  14. Bitcoin adoption has soared by virtually every metric imaginable in 2017. The rising bitcoin price garners the most attention from mainstream media outlets, but other factors deserve attention as well. Bitcoin’s trading volume, for instance, has risen by several thousand percent in the past year, ushering in a wave of liquidity to the crypto finance markets. Another area that demonstrates the growth of the bitcoin ecosystem is payment processing volume. Although many people now view bitcoin primarily as a store of value and less as “digital cash,” a growing number of businesses accept bitcoin payments. Due to price volatility, most retailers contract with third-party payment processors such as BitPay, who automatically convert the bitcoin payments into local currency for a small fee that is often less than those charged by conventional payment intermediaries. SOURCE: http://strategiccoin.com/bitcoin-payment-processor-bitpay-track-1-billion-annual-volume/
  15. Fink made these comments in a Bloomberg TV interview, explaining that he is a proponent of the potential of digital currency — and blockchain technology in particular — although he believes the markets are currently far too speculative and owe their increasing trading volume to international money laundering operations: “Related to cryptocurrencies, I’m a big believer in the potential of what a cryptocurrency can do. You see huge opportunities, but what we’re talking about today, it’s much more of a speculative platform, people are speculating on it,” he said. SOURCE: http://strategiccoin.com/blackrock-ceo-larry-fink-big-believer-potential-cryptocurrency/

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.