Bithumb takes over 51% of global market share within five days of integrating QTUM

SEOUL, South Korea, Nov. 13, 2017 /PRNewswire/   Bithumb’s trading volume jumps sixfold overnight after integrating QTUM Bithumb ranks first in global exchange for Ethereum (ETH), Bitcoin Cash (BCH), and Ripple (XRP) Bithumb’s tenth coin, QTUM, reaches a new all-time high of 17,053 KRW since integration Ranking for Bithumb exchange   Within five days of integrating QTUM as its tenth coin, Bithumb has become the largest QTUM exchange. On October 20th, “Bithumb” (CEO Kim Dae-shik), the world’s largest cryptocurrency exchange, listed QTUM as its tenth coin and ranked first in the QTUM exchange with 51% of…

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Cryptocurrencies are Not all Equal

Bitcoin is most certainly the ’Big Daddy’ of crypto, being the first to market and now with a proven store of value and resilience.  Bitcoin’s value has increased by over 30,000% since creation in 2008 and has taken some heat from governments, regulators, central and commercial banks as they become aware that cryptocurrency cannot be ignored.   The success of Bitcoin has prompted more development of alternative cryptocurrencies, some very similar to others and some with specific use cases. The rise in value and adoption of certain altcoins have shown…

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Bitcoin News 6 September 2017 – Cryptocurrency Prices Bounce Back amidst ICO clamp down.

Bitcoin News today highlighting cryptocurrency price bounce back after a slump earlier this week due to the news that China has officially outlawed ICO’s. Most ICO’s are created on the Ethereum Network and other platforms – could the move in price for top cryptocurrencies be attributed to speculators and investors moving away from ICO’s? Exchanges have started the refund process.   Top 10 Crypto’s on coinmarketcap.com all showing gains in the past 24 hours.     Adding to the ICO discussion, the Hong Kong financial regulator, the Securities and Futures…

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Bitcoin News 1 September 2017 – Cryptocurrency Market Cap Heading for $200Billion

Bitcoin News today and the Bitcoin price has reached an all time high of over $4800 – are we going to see a $5000 level soon? At the time of publishing, the Cryptocurrency Market Cap was $174,052,229,992 comprising of 866 Currencies / 230 Assets and trading in 5411 Markets – source coinmarketcap.com. The Ethereum price has taken off in the past week as it nears $400 with Dash prices following suit.   Altcoins are contributing significantly to the rise in market cap as the graph below shows.       Other news…

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Bitcoin News 22 August 2017 – Credit Suisse leads Banks for Blockchain-based Syndicated Loans

Bitcoin News today with the leading story being Credit Suisse leading a group of banks in the launch of a commercial platform for blockchain-based syndicated loans. Credit Suisse believes blockchain technology can reduce barriers between counterparts as well as reduce time and cost by using smart contracts.   Emmanuel Aidoo, who leads Credit Suisse’s blockchain said “We are working to put a few dozen smaller loan transactions, where we or other participating banks are the agent, onto a distributed ledger platform using smart contracts in production next year.”   Banks…

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Bitcoin, Ethereum, Dash – Which are the best?

There are over a 1000 cryptocurrencies / crypto assets in circulation and it is important to understand the differences as well as use cases before making a decision to invest.  Crypto’s are not equal – Some are “me too’s”, some have specific uses and some have Unique Selling Points.     #1 PAYMENT SYSTEM AND DIGITAL CASH BITCOIN – A digital and global payment system that allows people to send or receive money across the internet to anyone, anywhere, anytime. Store of Value, Backed by mathematics and Proof vs trust…

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Bitcoin News 19 July 2017 – Bitcoin Hard Fork Not Likely, Bitcoin Price Reacts

Bitcoin News Today sees the Bitcoin price recovering since the shock drop on 16 July. The Ethereum price jumped by $60 over 24 hours as more support for the Enterprise Ethereum Alliance takes hold.  Is the bull starting to move again?   The Bitcoin price is reacting positively to the fact that the scaling of Bitcoin, BIP 91, is close to the necessary threshold of 80% of mining power. BIP91 is part of SegWit2X and miners have been signaling early which has made markets less volatile over the past couple…

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What is EOT?

A new cryptocurrency designed with a purpose and use has just entered the cryptocurrency market.  In our growing digital economy, privacy, security, and encryption are a necessity to protect our digital footprint.  Learn more about how and where EOT fits in.     What is EOT? EOT is, like Bitcoin, a cryptocurrency and digital payment system. Transactions take place between users directly without the interference of any third party. Transactions are recorded and verified in a public ledger call the blockchain EOT was specifically designed to be used for the…

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Bitcoin News 3 July 2017 – Bitcoin Scaling Set in Motion (SegWit2X)

Bitcoin Today – The Bitcoin price, as well as Ethereum price, is moving sideways with some fluctuation when there are more buyers than sellers of the cryptocurrency or vice versa.         Other news headlines:   Segwit2x Beta Released and New UAHF Code Proposal `ABC´ Removes 1MB-Limit – The code to scale Bitcoin has been set in motion, this is to improve transaction time. Are cryptocurrencies going to go mainstream? Japan is a good example. Bitcoin Believers gobble up Satoshi’s white paper   IOTA Partners Healthcare Providers for…

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Bitcoin and Ethereum, Record Breaking First 6 Months of 2017

Bitcoin and Ethereum – Two Crypto Giants have emerged!  We review the performance of Bitcoin and Ethereum for the first six months of 2017 as well as events that contributed to the exponential growth of these two cryptocurrencies.     Firstly, what is the difference between Bitcoin and Ethereum? Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a programming language and decentralized platform that runs smart contracts – A World Super Computer that would decentralize and democratize the existing client-server model What…

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