Wednesday, January 16Your Daily Bitcoin & Altcoin News Portal

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Bitcoin Eyes $18,000 as Tide Turns in Bulls’ Favor

Bitcoin Eyes $18,000 as Tide Turns in Bulls’ Favor

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Please share if you find this article interesting. Bitcoin Eyes $18,000 as Tide Turns in Bulls' Favor Bitcoin is strongly bid today amid reports of institutional buying. Prices across global exchanges, as per CoinDesk's Bitcoin Price Index, were last seen trading at $14,951 levels. The cryptocurrency caught a bid wave at $13,687.54 (price at 17:00 UTC yesterday) and jumped to a six-day high of $15,393.97 earlier today. Notably, the news that Founders Fund (co-founded by high-profile investor Peter Thiel) has poured $15 million–$20 million into bitcoin (BTC) looks to have given a lift to prices of the number one cryptocurrency by market capitalization. As detailed in our explainer, Founder Fund's entry into the bitcoin space is not surprising. Nevertheless, the news does underscor
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Cats Went Crypto First, Now It’s Time for Consumers

Cats Went Crypto First, Now It’s Time for Consumers

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Please share if you find this article interesting. Cats Went Crypto First, Now It's Time for Consumers Arthur Camara is a co-founder of CryptoKitties, created by Canadian innovation studio Axiom Zen, where he focuses on product and engineering to help bring blockchain technology to the masses. The following article is an exclusive contribution to CoinDesk's 2017 in Review. I admittedly wasn't investing in any cryptocurrency in the early 2010s. By this time last year, I was reading CoinDesk's 2016 Year in Review, just starting to fully grasp what the power of distributed ledgers and decentralized networks could mean for our future and our society. And despite all that, I am now standing alongside a team who are pioneering entrepreneurship and innovation in the blockchain space. ...
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Video: Two Bubbles? ShapeShift CEO Talks Crypto Market Prices

Video: Two Bubbles? ShapeShift CEO Talks Crypto Market Prices

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Please share if you find this article interesting. Video: Two Bubbles? ShapeShift CEO Talks Crypto Market Prices Video: Two Bubbles? ShapeShift CEO Talks Crypto Market Prices Jan 3, 2018 at 03:00 UTC VIDEO This article is an entry in CoinDesk's Most Influential in Blockchain 2017 series. Are cryptocurrencies in a bubble? According to Erik Voorhees, we might be in two. In a video interview from his company's headquarters, the ShapeShift CEO sits down for a Q&A session to talk crypto asset valuations, lesson learned from the emerging market and the mistakes he's made as a crypto investor. Notably, Voorhees believes potential buyers should consider bitcoin and alternative cryptocurrencies as separate markets, ones that won't necessarily rise and fall together. Both ma
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Over $900: Ether Starts 2018 at All-Time Price High

Over $900: Ether Starts 2018 at All-Time Price High

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Please share if you find this article interesting. Over $900: Ether Starts 2018 at All-Time Price High The native token of the ethereum platform, ether, has started the new year with a bang, hitting an all-time high of over $900 this morning. Having traded more or less sideways for the last week, prices for the third largest cryptocurrency by market valuation started to climb around midnight (UTC), and topped out at the fresh high of $914.83 at 02:30 UTC, according to CoinDesk's Ethereum Price Index. Going by CoinMarketCap data, ether has risen 14.52 percent in the last 24 hours, and 13.62 percent over the last week. The price gains come amid increased trading volumes, particularly in Asia, with Coinbene (Singapore), Binance (Hong Kong/Japan) and Bithumb (South Korea) all posti...
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My New Year’s Resolution? Revisit Blockchain’s Fundamentals

My New Year’s Resolution? Revisit Blockchain’s Fundamentals

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Please share if you find this article interesting. My New Year's Resolution? Revisit Blockchain's Fundamentals William Mougayar is the author of "The Business Blockchain" and a board advisor to, and investor in, various blockchain projects and startups (see disclosures). The following article is an exclusive contribution to CoinDesk's 2017 in Review. In the midst of a new wave of euphoria and interest in cryptocurrencies, it's all the more important that we remain clear on what the fuss is about. Sure, rising cryptocurrency prices have given the field a flurry of mainstream headlines, resulting in higher consumer awareness and visibility. Undoubtedly, the cascading effect has attracted more participants, from eager speculators, to curious software developers, to novice users. H
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What Do We Do With All This Money?

What Do We Do With All This Money?

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Please share if you find this article interesting. What Do We Do With All This Money? Wendy Xiao Schadeck is a venture investor at Northzone, based in New York City. She has been following the blockchain space closely, focusing on the behavioral perspective. The following article is an exclusive contribution to CoinDesk's 2017 in Review. With $4 billion in capital raised in ICOs, and very little utility value to show for it, it's tempting to call token offerings a bubble. However, the more likely truth is that the same forces that gave rise to today's paradigm-shifting technologies (see: Carlota Perez's definitive book) are at play in the world of crypto. And that while we may be entering bubble territory, the key difference between tulips and crypto is how speculative capital
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Video: Joe Lubin on Building One of Blockchain’s Biggest Startups

Video: Joe Lubin on Building One of Blockchain’s Biggest Startups

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Please share if you find this article interesting. Video: Joe Lubin on Building One of Blockchain's Biggest Startups Video: Joe Lubin on Building One of Blockchain's Biggest Startups Jan 1, 2018 at 18:55 UTC VIDEO This article is an entry in CoinDesk's Most Influential in Blockchain 2017 series. Blockchain may be an early-stage technology, but it's big business already. In this video interview, ConsenSys CEO, and one of CoinDesk's Most Influential people, Joe Lubin discusses his company's explosive growth, the value of cryptocurrencies and the social impact of his startup's work. How do we go from analog to digital finance? And what does this distributed future look like? Read our featured article here or hear his story in his own words below: [embedded content] V
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Video: How ShapeShift CEO Erik Voorhees Makes Sense of Crypto Assets

Video: How ShapeShift CEO Erik Voorhees Makes Sense of Crypto Assets

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Please share if you find this article interesting. Video: How ShapeShift CEO Erik Voorhees Makes Sense of Crypto Assets Video: How ShapeShift CEO Erik Voorhees Makes Sense of Crypto Assets Jan 1, 2018 at 17:01 UTC VIDEO This is an entry in CoinDesk's Most Influential in Blockchain 2017 series. It turns out the head of one of the cryptocurrency industry's most innovative exchanges is a bit like the rest of us when it comes to making sense of the new world of digital assets. In an exclusive video with CoinDesk, ShapeShift CEO Erik Voorhees discusses what separates one crypto from another and how they go from idea to a listing on his signature swapping service. How did he go from bitcoin maximalist to free market enabler? And what's in store for the market in 2017? R
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Video: Bitcoin or Litecoin? Charlie Lee on Which Crypto Had a Better 2017

Video: Bitcoin or Litecoin? Charlie Lee on Which Crypto Had a Better 2017

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Please share if you find this article interesting. Video: Bitcoin or Litecoin? Charlie Lee on Which Crypto Had a Better 2017 Video: Bitcoin or Litecoin? Charlie Lee on Which Crypto Had a Better 2017 Jan 1, 2018 at 15:30 UTC VIDEO This is an entry in CoinDesk's Most Influential in Blockchain 2017 series. The creator of the world's sixth-largest cryptocurrency believes it's a bit of a draw. While litecoin outperformed in the markets, Lee says not to write off bitcoin's technical improvements. In this exclusive CoinDesk interview, Lee talks about ICOs, his philosophy toward blockchain technology and how we sees the blockchain industry will look in 2030. Read our feature article or hear Lee in his own words below: [embedded content] Video by Ali Powell at 40 Thieves F
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Video: Bitcoin Sign Guy Tells All About Infamous Janet Yellen Photobomb

Video: Bitcoin Sign Guy Tells All About Infamous Janet Yellen Photobomb

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Please share if you find this article interesting. Video: Bitcoin Sign Guy Tells All About Infamous Janet Yellen Photobomb Video: Bitcoin Sign Guy Tells All About Infamous Janet Yellen Photobomb Jan 1, 2018 at 14:40 UTC VIDEO This is an entry in CoinDesk's Most Influential in Blockchain 2017 series. He might never spend a summer in D.C. again, but he made this one count. In an exclusive video interview, CoinDesk recaps the July day when an anonymous bitcoiner scratched his manifesto on a legal pad, stuck his finger in the eye of the powers that be and went from man to meme. Why was he there? What were his motives? Read our feature article and hear from our Most Influential person in his own words below: [embedded content] Video by Ali Powell at 40 Thieves Films.