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US Software Giant Intuit Awarded Patent for Processing Bitcoin Payments via SMS

U.S. software company Intuit has been awarded a patent for processing Bitcoin (BTC) payments via text message (SMS), according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 7.The patent, which outlines a system through which users can transfer BTC funds via sending an SMS on their cellphones, was originally filed […]

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Crypto Technicals Flash Pain Ahead, Eye Bitcoin at $4,000

Cryptocurrency technical analysts are warning against buying on the dip after the sell-off that shaved $600 billion from the value of digital coins since January.A gauge of the 10 biggest, most liquid digital coins dropped to its lowest this year on Wednesday, triggering a flurry of technical studies. While Bitcoin, the largest cryptocurrency, hasn’t hit […]

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Bitcoin Dominance Nears 50% Even As The Price Plummets

Bitcoin’s dominance — a measure of its total cryptocurrency market share — has continued to creep up over recent days, hitting year-to-date highs and approaching the psychological 50% mark for the first time since the massive bitcoin bull run in December last year.This uptick in bitcoin’s market share comes amid a bitcoin sell-off following the […]

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Barclays Is Reportedly Not Opening a Crypto Trading Desk

It now appears that multinational investment bank Barclays is not, in fact, joining the cryptocurrency markets through a crypto trading desk.Reports initially surfaced yesterday claiming that the bank was starting a trading desk based on information on several traders LinkedIn profiles.Barclays Not Developing Rumored Digital Asset ProjectIt initially appeared that Barclays had appointed one of […]

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Cryptocurrency Funds Will Soon Be Able to Opt for Goldman Sachs’ Crypto-Custody Services

The launch of crypto-custody service by Goldman Sachs will help to instill more confidence among investors and may even drive big players to participate in the cryptocurrency market.According to the report from Bloomberg on Monday, August 6, financial banking giant Goldman Sachs is considering the prospects of launching custody services for crypto investment funds. Citing […]

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WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018

Cryptocurrency price manipulation is largely conducted by organized “trading groups” using services such as Telegram, the Wall Street Journal claimed in a study released August 5.Unveiling the results of research into cryptocurrency markets, the WSJ suggested that coordinated “pump and dump” schemes have seen traders inflate and crash the prices of various cryptocurrencies this year.As […]

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Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network.Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for […]

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Breaking: World’s Biggest Stock Exchange Operator is Launching a Bitcoin Market

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has announced that will list a physically-settled bitcoin futures contracts and form a new company whose mission is to make bitcoin a mainstream financial asset.ICE to Launch Physically-Settled Bitcoin FuturesICE made the groundbreaking announcement on Friday, revealing that the new platform — Bakkt […]

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BTC Trades Sideways, Other Top 20 Coins See More Notable Losses

Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday’s levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap.Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound today. The top cryptocurrency keeps […]

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