November 7, 2017

$8,000? Goldman Sachs Analysts See Possible Bitcoin Price Jump

Goldman Sachs analysts predicted that the price of bitcoin could surge as high as $8,000 in a note distributed to clients earlier this week. According to Business Insider and Bloomberg, the note came as the cryptocurrency’s price cleared a new all-time high above $7,600. Technical […]
October 23, 2017

American Express Eyes Blockchain for Customer Rewards Systems

The travel and merchant arm of American Express may be weighing the use of blockchain within a personalized customer rewards system, public filings show. A new patent application published last week by the U.S. Patent and Trademark Office details a concept for offering customer-specific types […]
September 26, 2017

‘Big Four’ Chinese Bank to Launch Blockchain Bancassurance Product

One of China’s “Big Four” banks is close to launching a blockchain application aimed at the insurance and banking sectors. Announced last week, China Construction Bank (CCB) now intends to begin using a custom blockchain platform for bancassurance as soon as Q3, moving a process […]
September 21, 2017

Bitcoin-Accepting Expedia to Accelerate Its Global Expansion

Expedia, the giant pro-Bitcoin online travel company, has worldwide expansion plans. Specifically, the company’s new CEO will push for expanding the company’s presence into Europe and Asia. Also read: Pro-Bitcoin Expedia CEO Picked to Run Uber Expedia Uses Technology and Accepts Bitcoin to Revolutionize Travel […]
September 18, 2017

Ethereum Loses Ground Amid State Crackdowns, Remains Technically Strong

In what continues to be a volatile and unpredictable Summer for cryptocurrencies, Ethereum has suffered a series of setbacks over the past several days. The price of Ether has dropped forty percent since the beginning of the month amid a series of anti-crypto moves by […]
September 15, 2017

The Slippening: Ethereum, Bitcoin Prices in Free Fall as Market Plunges Below $120 Billion

Both the bitcoin price and ethereum price went into free fall on Thursday following multiple reports that various Chinese government agencies are preparing to ban cryptocurrency exchanges. Chart from CoinMarketCap As CCN reported, official Shanghai media source Yicai Global alleged that the Shanghai Financial Office […]
September 14, 2017

Bitcoin Dips Below $4,000 For First Time Since August 22, Potential Factors and Trends

Bitcoin has dipped below the $4,000 mark for the first time since August 22. A series of negative press in regard to the Chinese bitcoin exchange ban rumors and JPMorgan CEO Jamie Dimon’s comments on bitcoin has led traders to sell, creating a minor correction. […]
September 12, 2017

China’s Bitcoin Trading Volume Rises Significantly Despite Exchange Ban Talks

The daily trading volume of the Chinese bitcoin exchange market has nearly doubled that of the US bitcoin exchange market, surging above 45,000 bitcoins. For a brief period of time, the Chinese exchange market overtook the US in terms of market share to become the […]
August 30, 2017

Bitcoin Price Fails to Maintain $4,600 Level but Upward Momentum is Still Intact

Things aren’t looking all that great for most cryptocurrencies over the past 24 hours. With the Bitcoin price making a major leap over the past 24 hours, nearly all altcoins are in the red of at their breakeven point. While Ethereum, NEM, and Dash are […]
August 17, 2017

The Bitcoin Network is Now in Outer Space

With Bitcoin’s price skyrocketing recently, many traders have their eyes and minds on the moon. Blockstream, the blockchain technology company, quite literally wants to put Bitcoin in outer space with the use of satellites. It is offering access to the Bitcoin network for everyone on earth, projected from space! […]
August 10, 2017

Bitcoin Price Holding Steady at $3300, Debating it’s Next Move

After reaching an all time high of $3490 on Tuesday, the Bitcoin market has been testing support at $3300 as many traders decided to take profits and exit their position. There have been quite a few sensationalist articles in the media claiming Bitcoin price will […]
August 10, 2017

Overstock Now Accepts 40 Altcoins; Plans to Hold 50% of Digital Currency Payments

Yesterday, CCN reported that Overstock’s blockchain subsidiary, Medici Ventures, had posted a $3.3 million Q2 loss. That loss followed a Q1 loss of $8.5 million, and the company anticipates Medici will continue to incur losses for the short-term future. Despite Medici’s losses, Overstock continues to […]