Blockchain CEO Says Bitcoin Adoption Will Take Long Time, Survivors Will Win

CNBC’s Brian Kelly believes that sentiment surrounding the cryptocurrency market has hit the bottom, along with adoption rates. But Peter Smith, CEO of Blockchain, believes that this should be of no worry as users should stay in the market “for the long haul.” Declining Sentiment: Should You Be Worried? The last few months have been

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Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance

Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages both pools, allowing the mining superpower to oversee over 42%

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44 Bitcoin Forks Have Emerged Within 10 Months, Crypto Investors Not Convinced

Bitcoin Private, Bitcoin Diamond, Bitcoin Gold, Bitcoin Atom, Bitcoin Candy, and Bitcoin Pizza are some of the 44 bitcoin forks that have emerged since the initial Bitcoin Cash hard fork in August of last year, as TNW reported. Within the past 10 months, 44 forks of the Bitcoin protocol have emerged, but crypto investors are

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Cardano Price Analysis: ADA/USD Consolidating Below $0.1400

Key Highlights ADA price fell below the $0.1500 support and traded towards the $0.1200 support against the US Dollar (tethered). A major bearish trend line is formed with resistance near $0.1400 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is consolidating below the $0.1400 resistance and is currently in

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Research: ETFs Could Lead Bitcoin Price to $35,000 and It Isn’t Far Away

According to a cryptocurrency research group, the bitcoin price could increase to over $35,000 with the emergence of a bitcoin exchange-traded fund (ETF), which isn’t that far away. Road to $35,000: Institutional investors or ETFs Prominent investors including Ari Paul, the co-founder of BlockTower, a cryptocurrency hedge fund founded by former Goldman Sachs executive, have

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Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency. Bahamian Dollar to go Digital Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest made the

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Cryptocurrency Market Update: Monero Bounces From Eight Month Low

FOMO Moments A bounce has happened, altcoins recovering quickest include Monero, Ontology, Ethereum Classic and Decred. As expected some sort of bottom has been reached and a rebound has occurred, whether this has any momentum to reverse the long term bearish trend is anyone’s guess but at the moment it is looking unlikely. After reaching

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Cardano (ADA) Price Watch: Several Upside Barriers

Cardano Price Key Highlights Cardano price continues to trend lower as it moves inside a descending channel on the 4-hour time frame. Price is also trading below a short-term descending trend line to reflect a steeper slide. If this trend line continues to hold, Cardano price could fall below the larger channel support. Cardano is

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