By CCN: When Consensus 2019 attendees heard that eBay was preparing to accept cryptos, the news spread quickly. However, over the course of the New York Blockchain week, their hopes were dashed. eBay flat out responded to inquiries last week, stating that cryptos aren’t accepted on its platform. Furthermore, it said accepting cryptos is not a part of its payments strategy. What Happened? Once it...
Widely followed cryptocurrency analyst Thomas Lee's short-term market forecast may not have materialized, but he's sticking with his bullish long-term prediction despite the setback. If anything, Fundstrat Global Advisors' Lee is digging in his heels even further, reportedly reiterating his forecast for a $25,000 BTC price by year-end. What Happened Lee placed a great deal of stock in last week's...
Fundstrat Global Advisers is a finance market strategy firm well-known for making bullish predictions on cryptocurrency prices. Co-founder Thomas Lee posted the group's predictions that the bitcoin price would reach up to $64,000 by the end of 2019, citing the future trajectory of Bitcoin mining infrastructure growth as an underlying cause. He also predicted $91,000 in two years. CRYPTO: Our...
The cryptocurrency market has continued to fall over the past 24 hours, after seeing a decline of more than $40 billion on May 11. The bitcoin price fell to $8,250 while the majority of tokens recorded losses in the 20 percent range. UPbit + Mt. Gox On May 11, CCN reported that UPbit, South Korea’s biggest cryptocurrency exchange, was raided and investigated by local police, the Korean Financial...
It has now been more than two years since the bitcoin community has been consumed by a discussion over increased capacity with miners and the wider network remaining divided, 31% choosing segwit, while 41% want Bitcoin Unlimited. As good as all prominent bitcoin businesses and miners recently reached an agreement to activate segwit followed by a 2MB hardfork six months down the line, an agreement...
Another year, another consensus on the never ending scalability “debate.” Almost all bitcoin companies you can name, almost all the miners, have agreed to segwit + a 2MB maxblocksize hardfork upgrade in some months. But, no one really cares anymore as far as the vast majority are concerned. The market has plenty of real alternatives now and plenty of people are using them. Time for voice was long...
Ethereum is partying like it’s the 90s. The currency is up some 30% since yesterday, from around $87 to now $114 at the time of writing. Its online public spaces now have thousands of active users. Its daily thread has reached a new record of more than 6,000 comments. There’s just too much to talk about and there will be even more, starting from today. The Ethereal Summit, sponsored by Consensys...
The Australian government is sending a 26-member delegation that includes bitcoin exchanges and blockchain startups to New York to participate in Consensus 2017, a prominent industry event. A 26-member delegation sponsored by the New South Wales Trade & Investment and Trade Victoria, two government trade bodies from their respective states and digital research network Data61 are to showcase...