New York Could Launch Own Cryptocurrency, Blockchain Banking: How Will It Work?
Facebook's Libra might be in limbo at the moment with a 2020 debut sounding doubtful, but that doesn't stop New York from seeing the residents of its state transacting with its own cryptocurrency.
Lime Layoffs: 100 Lose Jobs As Scooter Startup Exits 12 Cities, Aims For Profitability
Lime, which is one of the companies that offer rentable dockless electric scooters, is ending operations in several U.S. and Latin American cities.
China Blockchain News: Everything To Know About National Blockchain Network BSN
When President Xi Jinping spoke fondly about blockchain and encouraged Chinese companies to "seize the opportunity" with the technology last year, the Blockchain Service Network (BSN) could be the project that will speed up the adoption of the distributed ledger technology in the country.
Bitcoin Price Will Hit $20,000 This 2020, BitPay Exec Predicts
Is it now just a distant reality to see BTC back in its glory days? For the chief commercial officer of Atlanta-based bitcoin payment service provider BitPay, it's not.
Bitcoin Price Hits New 2020 High, Up $320 After Iran Attack On US
Did Bitcoin (BTC) just make a "gold move" after news broke of Iran retaliating with missile strikes on U.S. bases in Iraq?
Lixiang IPO: Chinese EV Startup Takes Cues From NIO, Tesla
The competition among Chinese electric vehicle (EV) manufacturers is fierce as it is (an understatement). In addition to that, burn rates are balefully high, which is a common theme, and funding and subsidies are mostly tied down.
2019 Tax Form 1040 Adds Question On Cryptocurrency Transactions, Bitcoin Buying Now Taxable?
The recently released progress update by the IRS noted that the 2019 Form 1040 includes inquiry about owning cryptocurrencies.
South Korea Presidential Committee Pushing To Bring Cryptocurrency To Mainstream Finance
South Korea has roughly the same stance as China when it comes to cryptocurrencies: they're a bit anti-crypto but pro-blockchain.
Ripple XRP Price Soars 10%, Boosts Bitcoin, Ethereum Prices
Bitcoin (BTC), as of writing, is nearing $8,000 and is looking to cap off new gains from an initial move on Sunday. But what led the crypto market rally at the start of the week isn't the most popular coin by market cap, it's Ripple (XRP).
EV Startup Byton Could Have Better Entertainment Screen Than Tesla
Byton will get a big boost to up its entertainment game against Tesla with a partnership with ViacomCBS.
$1M Bitcoin Price Prediction A 'Ruse,' John McAfee Admits To Deceiving People
John McAfee finally admits to his apparent ploy and won't be doing the unthinkable of feasting on his genitalia after all.
Bitcoin Price Drops Below $7,000 To Start New Year 2020
Bitcoin (BTC) is not off to a good start as the flagship crypto steadied at $7,100 on the first day of 2020 and declined by more than 3% the following day, permitting it to revisit $6,000 levels.
Ethereum Hard Fork: What Does Muir Glacier Upgrade Offer?
The Ethereum network had just completed the Muir Glacier hard fork, with major exchanges, including Binance, Kraken, Bittrex and Bitso announcing their support for the upgrade.
Turkish EV Startup Takes On Tesla Model X With Own Electric SUV
A startup based in Turkey is looking to make a bid in the EV industry with its electric SUV.
Ethereum Price Could Surge 100% To $260, Popular Analyst Predicts
Ethereum (ETH) celebrated the new year by being up 1.28%, but the second day of 2020 had erased those gains as the current price of the second most popular crypto is back from where it opened yesterday.
Bitcoin Is A 'Pyramid Scam', Economist Warns
Lending Tree Chief Economist Tendayi Kapfidze even created a new moniker for Bitcoin: a pyramid scheme.
Switzerland President Slams Facebook's Libra: 'The Project Has Failed'
More than two months have passed since Congress grilled Facebook CEO Mark Zuckerberg, and the cryptocurrency that the social media giant proposed seems to be going nowhere.
Ethereum Is Most Profitable Investment Of The Decade After Bitcoin
Rounding up the best investments in the 2010s, the most profitable among asset classes are cryptocurrencies. The breakthrough technology with its forerunner in Bitcoin (BTC) has led a decade of astronomical returns for those who believed early on in what this breed of new "investments" has in store.
Bitcoin Price Could Surge 40% In Coming Weeks: Here's Why
No major surprises, no fundamental data that would jolt investors into either buying or shorting the crypto, and any chance of a Santa Claus rally would have to wait until next December.
China's NIO Stock Soars As Tesla Competitor Beats Profit, Revenue Expectations
The market treated NIO's stock with a bump in its stock price as the company released Q3 2019 earnings that are slightly better than investor expectation.
China Bitcoin Miners Forced To Scale Down Over Electricity Shortage In Southwest China
It is no surprise that Bitcoin (BTC) miners compete with each other to get a single Bitcoin in circulation and that they also require the help of supercomputers to work out the complex math problems that unlock a new BTC. This computing power consumes extortionate amounts of electricity, and the Chinese are well-aware of this, which is why they are forcing miners to scale down their operations.
United Nations 'Needs To Embrace' Blockchain To 'Deliver Better,' UN Secretary-General Says
António Guterres, the United Nations secretary-general, has one message for the intergovernmental organization: "embrace blockchain."
Bitcoin Price Prediction: Crypto Investor Says BTC Will Hit $12,000
Novogratz's projection that he tweeted on Saturday is a little more modest at $12,000.
Denver, Phoenix Top Cities With Lowest Startup Costs
Launching a startup is a grueling process, but maintaining it and cosseting it to profitability is a whole different story -- and is equally, if not, intensely more taxing. The odds are also stacked against business founders who are pursuing a unique vision for their company.
Youtube Admits Cryptocurrency Ban A 'Mistake,' Videos Already 'Reinstated'
A few days after a ban on crypto-related videos that shocked the crypto world, YouTube is now saying that it was all a mistake.
Ethereum Co-Founder Sells 90,000 ETH: Here's Why He Did It
When 204,000 Ethereum (ETH) moved to different exchanges on Christmas day, the crypto community was left scratching their heads, mystified as to who could have caused such a massive selloff.
China Shenzhen Stock Exchange Launches Index Of 50 Blockchain Firms
China's love affair with blockchain continues to flourish first with news of a bond issuance dependent on the decentralized technology and now with the Shenzhen Stock Exchange (SSE) launching an index tracking that listed several blockchain firms.
China EV Startup And Tesla Competitor Byton Gets Big Boost From Japan's Marubeni
Chinese premium electric SUV maker Byton gets a big boost from Tokyo-based Marubeni Corporation.
Ethereum Price Could Hit $240 By January 2020
Ethereum, the second most popular coin by market cap, was at its highest in 2019 at $360. Now, it's chasing $240 in January with its current price of $125, as of press time.
Bitcoin's Price May Not Go Up After Halvening, Coinshares CSO Says
Bitcoin (BTC) "hodlers," or those who prefer to own the popular cryptocurrency for the long run, are expecting for the halving event scheduled next year to be a full-on bullish event.