Bitcoin

National Economics, Gambling and Cryptocurrency: A Perfect Storm?

National Economics, Gambling and Cryptocurrency: A Perfect Storm? Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk’s product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. The gambling world is no stranger to disruption. Just as…

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Money at Risk? Mobile Wallets Become New Battleground in Bitcoin Fork Debate

Money at Risk? Mobile Wallets Become New Battleground in Bitcoin Fork Debate Mobile bitcoin wallets users might not realize it, but their money might be at a heightened risk this November. While advertised as a tool bitcoin users can tap to achieve an experience more akin to a conventional financial product, mobile bitcoin wallets today…

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LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

LedgerX Trades $1 Million in Bitcoin Derivatives in First Week The first regulated cryptocurrency derivative trades have taken place on a U.S. exchange. In a statement to the press today, bitcoin trading platform LedgerX confirmed rumors that it has already begun trading cryptocurrency derivatives, an offering it first received approval to begin selling to institutional…

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TSMC: Cryptocurrency Mining Drove Strong Third Quarter Revenue

TSMC: Cryptocurrency Mining Drove Strong Third Quarter Revenue The chief financial officer for the Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry, cited cryptocurrency mining in the firm’s third-quarter results. The company – which provides semiconductor manufacturing services for a range of industries, including firms that design and assemble application-specific integrated circuits (ASICs)…

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BlackRock Strategist: There's No 'Right or Wrong' Price for Bitcoin

BlackRock Strategist: There's No 'Right or Wrong' Price for Bitcoin The chief investment strategist for BlackRock, the world’s largest asset manager, said in a new interview that he doesn’t know where to peg the “fair” price of bitcoin. Speaking with Business Insider, Richard Turnill said that cryptocurrencies have experienced “spectacular price increases” in recent months,…

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Bitcoin Breather? Higher Price Push Still Possible on Search Demand

Bitcoin Breather? Higher Price Push Still Possible on Search Demand The price of bitcoin may have hit a new all-time high above $6,000 today, but it’s already showing signs it may be primed to push higher. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,950, down slightly from the day’s high, but…

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100 Diplomas: MIT Issues Graduate Certificates on a Blockchain App

100 Diplomas: MIT Issues Graduate Certificates on a Blockchain App The Massachusetts Institute of Technology (MIT) has used bitcoin’s blockchain to issue digital diplomas to over 100 graduates as a part of a pilot project. In an announcement, MIT explained the certificates were issued through an app called Blockcerts Wallet, which allows graduates to securely…

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Quiet Surge: Bitcoin Price Sets New High Above $6,000

Quiet Surge: Bitcoin Price Sets New High Above $6,000 The price of bitcoin has hit a new all-time high, crossing the $6,000 line for the first time. Markets climbed as high as $6,003.81, according to CoinDesk’s Bitcoin Price Index (BPI). This figure surpasses the previous all-time high set on October 13, when the price rose…

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Every Asset Ever: Circle Pulls 'Trigger' on Investment Product Pipeline

Every Asset Ever: Circle Pulls 'Trigger' on Investment Product Pipeline Can’t or won’t? One of the more secretive companies to yet compete in the blockchain sector, Circle is characteristically tight-lipped about its acquisition of startup Trigger Finance. Announced last week to little fanfare, the move adds an already up-and-running investment app to its arsenal of…

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ECB President: Bitcoin Not 'Mature' Enough to Be Regulated

ECB President: Bitcoin Not 'Mature' Enough to Be Regulated Mario Draghi, president of the European Central Bank (ECB), has said that cryptocurrencies are not “mature” enough to be regulated. Speaking at a press conference last week, CNBC reports, Draghi told reporters: “With anything that’s new, people have great expectations and also great uncertainty. Right now,…

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