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ECB Ends Covered Deposit Protection, Free Withdrawal

In a move that may wrinkle some noses, the European Central Bank (ECB) has announced that they will no longer be offering protection for covered deposits and that withdrawals will be limited when a b…

Coinbase Custody Targets $10 Billion in Institutional Funds for Bitcoin Investment

Coinbase CEO Brian Armstrong officially introduced Coinbase Custody, a platform targeted at institutional investors. The new product is intended to be ultra-secure: According to Armstrong, Coinbase c…

Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited

At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution a…

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance

As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial i…

Israeli PM: Bitcoin Could Replace Banks

In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He ba…

Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator

The US chief financial watchdog, the Financial Stability Oversight Board (FSOC), claims that Bitcoin and other cryptocurrencies do not pose a threat to existing financial systems around the world. In…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis, December 16

Bitcoin futures trading volume in its first week was only a fraction of cash Bitcoin transactions. Futures volume has been abysmal at $60 mln per day, compared to the cash transactions of $8.5 bln ea…

Report Shows Cryptocurrency Exchanges Most Common DDoS Victims Worldwide

Digital currency operators and Bitcoin exchanges are the most common targets of distributed denial of service (DDoS) attacks according to a report titled “Q3 2017 Global DDoS Threat Landscape.” Imper…

Price Analysis, Dec. 12: Bitcoin, Ethereum, Bitcoin Cash, IOTA, Litecoin, Dash.

Bitcoin and the cryptocurrency universe have created numerous records in 2017, almost on a monthly basis. On Jan. 1 this year, the combined market capitalization of cryptocurrencies stood at $17.7 bl…