Category Archives: bitcoinist.com

Dubai is Building a Blockchain-Powered Government

Smart Dubai is a government and city-led initiative to make Dubai the “smartest and happiest” city in the world. This week saw Dubai’s the government’s payment portal become blockchain-based. First Blockchain-Powered Government The online payment portal DubaiPay will now use blockchain technology for real-time reconciliation and settlement of transactions. This is another step towards Dubai’s goal of becoming the… Read More »

Stellar Surges 50 Percent in Last 7 Days

Stellar (XLM) 00 remains one of the best performers during the last 7 days. Stellar has seen an increase upwards of 20 percent for the day, and more than 50 percent for the week, now standing as the sixth largest cryptocurrency. Today Was a Good Day… Again The last few days have seen serious price action, with the… Read More »

Top Global Bitcoin Destinations for the Cryptocurrency —Travel Enthusiast

Are you a Bitcoin enthusiast who also likes to travel? There are a few locations around the world where you can enjoy the freedom of cryptocurrency payments while taking in beautiful sights. Bitcoin Making Traveling Easier These days, with Bitcoin and other cryptocurrencies, it is becoming easier to travel to certain destinations without having to worry about overseas… Read More »

Bitcoin Price Analysis: Is Bitcoin Approaching a Turning Point?

Bitcoin surprised the world and rallied after the SEC postponed a decision on the Van Eck/ Solid X Bitcoin ETF. At the same time, XRP, ETH and few other altcoins posted impressive gains. Are cryptocurrencies approaching a turning point? Market Overview This has been a fantastically exciting week for cryptocurrencies. XRP pulled off a 100% gain, Stellar Lumens… Read More »

Singapore May Become First Country to Fully Embrace Cryptocurrencies

Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus.  Singapore “Does Not Regulate Technology Itself But [Its] Purpose” It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch. The Singapore Consensus 2018 welcomed thousands of… Read More »

Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years

Weiss Ratings, a provider of market research and stock analysis on ETFs, mutual funds, cryptocurrency, banks, and insurance companies, made a bold move saying that Ethereum will overtake 50% of Bitcoin’s market share in the next 5 years. Bitcoin a “One Trick Pony” Weiss Ratings came out swinging September 18, making a bold prediction that Bitcoin (BTC) 00… Read More »

Handling of Recent Bitcoin Bug Ruffles Feathers

Bitcoin Core developers urged all nodes to implement a patch on Friday, September 21, in order to prevent the exploitation of a recently discovered bug in the Bitcoin protocol. The bug, called CVE-2018-17144, was originally reported to the Bitcoin Core team by Bitcoin Cash developer Awemany on September 17. A Bug in the System The discovery of the bug… Read More »

Cryptocurrency Enthusiasm Is Fueling A New Eclectic Arts Culture

Artists are bringing the digital nature of cryptocurrency to life by creating and displaying eclectic and unique pieces that draw inspiration from the buzz around virtual currency. The art world has long been regarded as a stodgy traditional institution that is merely a place for the wealthy. Rapid changes in the technological sphere are now getting people in… Read More »

Crypto-Lobbyists in D.C. Fight For the Best Frameworks

A handful of cryptocurrency and blockchain lobbyists are working to promote and explain the technology to U.S lawmakers and regulators.  The hope is to nurture the development of regulatory frameworks which will help the crypto-space, rather than hinder it. The Blockchain Association One of the capital’s newest lobbying groups, the Blockchain Association, launched officially in September with the… Read More »

In Argentina, Investors Flock to Safe-Haven Bitcoin

The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall. The number of stores accepting Bitcoin also continues to rise. Bitcoin Is a… Read More »