Dogecoin can now be bought commission-free on Robinhood Crypto. Litecoin and Bitcoin Cash were added to Robinhood last week. There are now five different cryptocurrencies on Robinhood. Robinhood Crypto is currently available in 17 states: AZ, CA, CO, FL, IN, MA, MI, MS, MO, MT, NJ, NM, PA, TX, UT, VA, and WI.
China’s central bank says the buying and selling of bitcoin in RMB has fallen from a peak of 90% of the world’s total to less than 1% since September 2017. In February 2018, the People's Bank of China (PBOC) issued a statement that it would block access to all domestic and foreign cryptocurrency exchanges and ICO [...]
eToro and the Imperial College of London have a 25 page paper that describes how cryptocurrencies can become mainstream. * Cryptocurrencies can become units of account only if there is a friendly and conducive regulatory environment. * This could then allow businesses to accept cryptocurrencies as payment systems in a broader context. * The wider use [...]
Bitcoin was 85% of the overall cryptocurrency market in January 2017. Bitcoin dominant has slopped to 43% of the overall cryptocurrency market. It was as low as 33% in January 2018. SOURCE - coinmarketcap
Swiss-based BIS says cryptocurrencies have design flaws and cannot replace current payment system load. The Bank for International Settlements told the cryptocurrency world it’s not ready for prime time. BIS makes their case in a 24 page report. Most modern-day transactions occur through means ultimately supported by central banks, over time a wide range of public [...]
Qtum is taking the best parts of bitcoin and the best parts of Ethereum to solve the limitations and practical implementation problems of blockchain technology. The principles are listed below: 1. Create an entirely new kind of smart contract called Master Contract that can execute a contact triggered by off-chain and on-chain factors; 2. Achieve compatibility [...]
BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program. The effort is being carried out in partnership with blockchain startup DOVU - one of five startups to work with BMW Group UK as part of the company's Innovation Lab, first unveiled back in February. Specifically, DOVU developed a [...]
Goldman starting Bitcoin trading desk and Coinbase expecting double the trading volume in coming months
Goldman Sachs is preparing a Bitcoin trading desk. Goldman has concluded that Bitcoin is not a fraud and does not have the characteristics of a currency. But a number of clients wanted to hold it as a valuable commodity, similar to gold, given the limited quantity of Bitcoin that can ever be “mined” in a complex, [...]
The Crypto Investment Summit is Monday April 30 to Wednesday May 2nd at the Los Angeles Convention Center. Nextbigcoins is a partner site. We are excited to offer Nextbigcoins.io readers the chance to win tickets to this event. There are 100+ speakers. There are 35 ICOs presenting. Crypto investment Summit giveaway - 5 winners Crypto investment [...]
Coinlib.io is another cryptocurrency price tracking site. Coinmarketcap is the most popular cryptocurrency price tracking site. It is ranked at about the 120th most popular website online. Coinlib ranks about 40,000th currently. Coinlib currently tracks 3385 coins and tokens. Coinlib tracks 2731 cryptocurrencies and 654 tokens. Coinmarketcap tracks 1595 cryptocurrencies.
The National Institute of Standards and Technology (NIST) has released an introduction to blockchain, which underpins Bitcoin and other digital currencies. (59 pages) Blockchain definition A blockchain is essentially a decentralized ledger that maintains transaction records on many computers simultaneously. Once a group, or block, of records is entered into the ledger, the block’s information is [...]
Coinmarketcap lists over 1400 alternatives to Bitcoin. There are 42 cryptocurrencies with market capitalization over $1 billion as of Jan 13, 2018. Bitcoin’s block size is 1 Megabyte. This limits the number of transactions each block can hold. Bitcoin has a maximum of 7 transactions per second. Bitcoin Cash, Bitcoin Classic, and Bitcoin XT were each [...]