Bitcoin-Only Charity Fund Donates $1 Mln To Internet Archive

Pineapple Fund has donated $1 mln in Bitcoins to the Internet Archive this Saturday. Pineapple is a Bitcoin-only charity established in early December 2017, whose ultimate goal is to give $86 mln worth of Bitcoin to various nonprofit organizations. For early adopters, Bitcoin’s massive rise in value has been a remarkable ride from rags to riches, and some are now deciding to give back. The Pineapple Fund has been launched by an anonymous person who goes by the username /u/PineappleFund on Reddit. The donor has created a website to issue…

Buy, sell, send and receive Bitcoin Cash on Coinbase

We’re excited to announce that customers will be able to buy, sell, send and receive Bitcoin Cash on Coinbase. You can read more about Bitcoin Cash on our FAQ page. Sends and receives are available immediately. Buys and sells will be available to all customers once there is sufficient liquidity on GDAX. We anticipate that this will take a few hours. See our update below. Our customers should benefit from forks Coinbase operates by the principle that our customers should benefit to the greatest extent possible from forks or other networks…

Cryptocurrency Market Recovering After Massive Correction

The cryptocurrency market is getting back on its feet after a brutal day yesterday. The majority of coins have risen by 10-20% over the last 24 hours after more than a 30% fall on Friday, Dec.22. The total digital currency market capitalization went from $650 bln to $430 bln yesterday and has now rebounded to $585 bln. Bitcoin went from the all time high of over $20,000 to as low as $11, 970 in just a matter of days. By press time it has partially retraced its losses and is now…

Ronnie Moas – Not a Billionaire, But a Crypto Guru

Ronnie Moas, founder of Standpoint Research, who has given Cointelegraph some of the most accurate price predictions on Bitcoin this year, in an exclusive interview, spoke about his journey through Wall Street, his charitable endeavors and his new-found love for cryptocurrencies. Renowned stock picker Ronnie Moas is many things, but he certainly IS NOT a billionaire, nor a former hedge fund manager, as was incorrectly reported by this writer earlier this week. In fact, the 50-year-old admits that there is no place he would hate being more than in a…

Keeping Up With Crypto Market Now Easier, Auto-Trading Will Soon Be Possible

The cryptocurrency market is hard to keep up with. With thousands of altcoins circulating, it can be difficult to evaluate which ones are worth investing in, and it is even harder to follow their constant fluctuations. If this exponentially growing and ever-changing market can be disturbing even to experienced traders, it is natural for new investors to feel lost in this complex environment. As the market grew into this crypto fever that we are now witnessing, several platforms that monitor the performance of different currencies have been created. It is…

ICO to Build Next Generation AI Raises $36 Million in 60 Seconds

SingularityNET raised $36 mln in one minute, completely selling out of its native AGI tokens. While this is an enormous amount of money to raise in an incredibly short period of time, it’s somewhat unsurprising considering demand. The company asserts that the issue was massively oversubscribed, with 20,000 people registered to participate, seeking to buy $361 mln worth of tokens. The company reduced the number to a more manageable level, according to its press release, by: “[Screening] all applicants using layers of algorithms, in addition to manual review, to comply…

Enterprise Blockchain is in a “Trough of Disillusionment”

There are few people who have worked in the blockchain technology space for so long and maintained such a seemingly disinterested and skeptical perspective on the emerging technology as Tim Swanson. Through numerous books and a blog, Tim has shown a knack for going out of his way to do deep market research within the blockchain space. This week on Let’s Talk Bitcoin, Tim Swanson, Director of Research at Post Oak Labs, talked with Epicenter’s Brian Fabian Crain and Sebastien Couture. His most notable work within the space has happened…

Expect Some Lower Lows Before the Next Bounce

Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline.  Since then, the price has dropped nearly $7,000 and is showing signs of further downward continuation.  Let’s take a look at the chart from the last BTC-USD market analysis: Figure 1:  BTC-USD, 4-Hour Candles, Trend Prior to Breakdown As you can see, the price was holding on by a thread near the red, hypodermic trendline.  Once it managed to break this trend, the price immediately and aggressively dropped.  Thus, the market signaled the end of…

Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin?

The idea of “Fedcoin,” a cryptocurrency sponsored by the U.S. government and managed by the Federal Reserve, has been around for quite some time. “Imagine that the Fed, as the core developer, makes available an open-source Bitcoin-like protocol (suitably modified) called Fedcoin,” a Federal Reserve VP speculated already in 2015. The idea gained traction also in Europe in connection with the financial crisis in Greece, and was notably discussed in a “Eurocoin” context by former Greek Minister of Finance Yanis Varoufakis. Earlier this year, Nobel Prize–winning economist Joseph Stiglitz said he believes “very strongly” that…

Bitcoin Drops, But Investors Are Encouraged to Hold

Bitcoin, along with many of the other cryptocurrencies, has witnessed a dramatic price drop Friday, with Bitcoin losing almost 50% at its lowest compared to the $20,000 high it had achieved at the beginning of the week. Currently, the coin’s price has readjusted to $14,860 since falling, so already it looks to be in a recovery phase – and this is what many analysts are focusing on and using to keep the calm among the crypto investors. Many analysts are encouraging investors, especially new-to-the-block investors, not to panic about the…