What Comes After the Futures? The Next Chapter for Bitcoin

Charles Hayter is a former equities analyst at Citi and the CEO and co-founder at CryptoCompare.com, an informational resource for the world of cryptocurrencies. The following article is an exclusive contribution to CoinDesk’s 2017 in Review series. On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced it would launch a regulated bitcoin futures market. Not to be understated, this was a pivotal moment in bitcoin’s history, and quite simply, the future has never been brighter. It’s safe to say that 2017…

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…

Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. It took less than 24 hours for the bitcoin price to recover from a 30 percent drop. Earlier today, on December 23, the price of bitcoin recovered from $11,500 to $15,000, as the cryptocurrency market began to demonstrate optimistic signs of growth. Factors of Potential Short-Term Rally Since yesterday, the market valuation of cryptocurrencies has increased from $480 billion to nearly $600 billion. Every single cryptocurrency in the market, which previously recorded major corrections, rallied, with bitcoin,…

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…

The Defining Word for Tokens in 2018

Shawn Wilkinson is the co-founder and chief strategy officer at Storj Labs where he oversees strategy, vision and architecture for the Storj network. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. It’s pretty clear that 2017 was the year of the token. Whether you’re reading the news, attending a trade show or just minding your own business working in your preferred coffee shop, you don’t have to venture far to hear someone talking about another token sale. There are now more than 1,000 different digital tokens. Keeping…

Bitcoin is Not a Threat Because Its Not “Stable”

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Earlier this week, the National Bank of Belgium governor Jan Smets said in an interview that bitcoin is not a threat to central banks because it is not stable. “It’s not stable like the euro,” said Smets, adding “creating blockchain-based digital cash could diminish our limitation to drop interest rates below zero.” Flawed Argument Smets further emphasized that bitcoin cannot be utilized and trusted as a currency because of its lack of a central entity and authorities…

Nokia Pilot Uses Blockchain to Improve Health Data Benefits

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. While technology has improved access to health data, the data is often not leveraged to its full potential due to privacy concerns and concerns about data authenticity. Nokia has partnered with OP Financial Group, a Finland-based financial services group, to use blockchain technology to establish more trust in managing health data. The purpose of the pilot project, which involves 100 people, is to provide individuals more control over their personal health data, according to a Nokia blog. Blockchain…

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…