Bitcoin price can see $64K 'very quickly' on Fed rate cut — Research

The Bitfury Group and blockchain-powered medical data marketplace Longenesis have jointly launched production of a blockchain-based consent management system for the healthcare industry. The development was announced in a press release shared with Cointelegraph on April 4.Per the release, the new product addresses issues with the management of user consent for ongoing and upcoming research…

It's no secret that cryptocurrencies don't receive many plaudits in the mainstream media as reliable means of payment. Critics have even claimed that Bitcoin "sucks" as a payment mechanism.Yet, despite that blinkered skepticism, cryptocurrency payments actually grew last year. Payment processor BitPay reported a "record" $1 billion in transaction revenue in 2018, with its business-to-business (B2B)…

The United States' federal tax service has issued guidelines for tax reporting regarding cryptocurrency airdrops and hard forks.In an announcement on Oct. 9, the U.S. Internal Revenue Service (IRS) announced the issuance of Revenue Ruling 2019-24, which addresses common questions of taxpayers and practitioners regarding crypto hard forks and airdrops. The guidance also answers questions regarding…

For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly challenge Big Tech’s grip on user data. In 2015, the future of…

In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.

Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21.ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such as blockchain, aims to provide validation of certain alphanumeric data without compromising that data’s overall…

Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC.

The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8.According to Sparkswap’s founder Trey Griffith, the company raised $3.5 million from investors including Initialized Capital, Pantera Capital, Foundation Capital and Y…