Market Insights

Trump Signs Defense Bill Authorizing Blockchain Study

2017-12-13 17:36:40.0

U.S. President Donald Trump has signed a $700 billion military spending bill that includes a mandate for a blockchain cybersecurity research study.As CoinDesk reported in September, the bill – as advanced by the U.S. Senate at the...

Read more

How Forks Might Help Bitcoin Reach Its True Destination

2017-12-12 17:12:26.0

For quite some time now I've been asking smart people the same question – what is bitcoin, actually?I put the question to Mike Sofaer of Brian Kelly Asset Management when I saw him at the Scaling Bitcoin conference recently. Mike ...

Read more

Lightning At Last? Bitcoin Scaling Layer Almost Ready

2017-12-11 18:05:25.0

Bitcoin's long wait for the Lightning Network is almost over.Announced today, the startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is n...

Read more

Apple Patent Filing Hints at Blockchain Use

2017-12-08 17:14:10.0

A new patent application from U.S. electronics giant Apple points to the potential use of blockchain within a prospective system for creating and verifying timestamps.In an application released by the U.S. Patent and Trademark Off...

Read more

South Korea Unveils Plans to Tax Crypto Users and Get Their Data From Exchanges

2017-12-07 14:27:11.0

The South Korean National Tax Service has announced its plan to impose taxes on cryptocurrencies including bitcoin. The agency is also discussing ways to make it compulsory for cryptocurrency exchanges to hand over their users’ tr...

Read more

R3's Corda Platform Launches on Amazon Web Services

2017-12-06 17:35:16.0

Consortium startup R3 has launched its Corda distributed ledger (DLT) platform on the Amazon Web Services (AWS) marketplace.Allowing AWS users to develop and deploy applications for finance and commerce – or use existing "Cor...

Read more

Between Bitcoin Bulls and Bears an Academic Weighs In

2017-12-05 15:54:38.0

When Bitcoin is down, the Bearish come out and berate the bubble-linked digital currency. Then, when things turn around, the Bulls stampede out the gates and proffer their emotional reasoning of how this is the money revolution.Al...

Read more

Venezuelan President Announces 'Petro' Oil-Backed Cryptocurrency

2017-12-05 15:56:39.0

Venezuelan president Nicolas Maduro has announced a new cryptocurrency amid an economic crisis and a plunge in the value of the bolivar, the country's national currency.According to Reuters, Maduro made the announcement during a C...

Read more

Derivatives Giant CME Group to Launch Bitcoin Futures Contract

2017-11-08 10:38:16.0

Derivatives marketplace operator CME Group has announced plans to launch a bitcoin futures product in the fourth quarter of this year.Though the exact release date has yet to be revealed, CME said that the futures would be settled...

Read more

Hong Kong And Singapore Monetary Authorities Band Blockchain Projects Together

2017-10-27 10:22:08.0

Today, October 25, 2017, the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) announced that they will be linking their blockchain-backed trade finance platforms together in an attempt to combat fr...

Read more