Author: C. Edward Kelso

A New Bitcoin World

China During Crypto Ban: One Woman Tries to Live on Bitcoin

China During Crypto Ban: One Woman Tries to Live on BitcoinClose to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and, yes, even peer-to-peer, yet the clearly untrue ‘hard’ narrative is […]

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September 23, 2018 0

US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for CinnoberNews wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange technology company Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the company, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” […]

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September 19, 2018 0

BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position

During Brutal Bear Market, Bitcoin Hashpower DoublesAccording to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]

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September 17, 2018 0

A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship

A Decade After Lehman Brothers is Defunct: Mises, Satoshi, Bitcoin, and Wall Street WorshipSeptember 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years ahead […]

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September 15, 2018 0

Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet

Medici Ventures, a blockchain/crypto specific division of Overstock.com, has acquired Bitsy.com in an effort to finally merge the worlds of online retail with decentralized, digital cash facilitated by the Bitsy’s new biometric wallet. The Crypto Winter, assuming it ends at some point, might be best defined by what companies in the space did to prepare for […]

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September 15, 2018 0

$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

$800M BTC Wallet Reactivates: Tens of Millions to ExchangesSpeculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]

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September 5, 2018 0

Goldman Sachs Out: No Crypto Trading Desk, Markets Fall

Goldman Sachs Out: No Crypto Trading Desk, Markets FallInvestment bank Goldman Sachs is ditching its plans to open a cryptocurrency trading desk, reports detail. It was only early last month when rumors circulated that the legacy financial institution was even doubling down on their digital asset fever. That appears not to be the case anymore, and markets are not taking the news well.  […]

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September 5, 2018 0

21,000 New Locations Across Canada, Europe, Australia to Purchase Bitcoin Cash

Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software company, announced this week it was enabling bitcoin cash (BCH) for immediate access purchase. For BCH enthusiasts, that’s 21,000 locations, covering Canada, Europe, and Australia where the decentralized currency is now available. Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug 21,000 New […]

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September 4, 2018 0

Bitcoin On Air: 100 Reasons to Explore the World of Cryptocurrency

In less than a year, eight months to be exact, Matt Aaron and his team have grown the Bitcoin.com Podcast Network (BPN) by 100 episodes. Covering everything from blockchain innovation and hype to the week’s hottest crypto news, all the while highlighting the ecosystem’s most interesting personalities, now BPN is expanding into Latin America with […]

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September 3, 2018 0

Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

Venezuela Loves Dash: Altcoin Surges 30% on Adoption PushNews dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read: […]

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August 29, 2018 0