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Bitcoin has had a quite a year thus far, to say the least. A 10x return since the beginning of the year has put bitcoin on a parabolic growth path that is testing the limits of this 2-year long bull marketFigure 1 BTC-USD, 3-Day Candles, Parabolic Growth EnvelopeThe gains have been incredible for those trading bitcoin for the last couple years, and it appears that this parabolic envelope is coming to a close. In order for this bull market to remain viable, it will need to keep up on a very ag

BTC Media, the largest media group in the blockchain and cryptocurrency space, announced the launch of BTC Labs, a venture studio focusing on launching and incubating blockchain applications for the digital media industry on September 25, 2017.BTC Labs, in turn, introduced Storyboard Ventures, a venture financing arm of the organization, seeded with $2 million to fund forward-thinking and promising media projects. According to BTC Media, Storyboard Ventures will be vigorously searching for th

nnnnnnnnnIn his book Down The Rabbit Hole Discover The Power of Blockchain, author Tim Leanhighlights the evolution of smart contracts and their use ensuing from thenblockchain. nnThe term smart contract was first coined by ancomputer scientist Nick Szabo, Lea writes. In his 1996 article in thenmagazine Extrophy, he broadly described a smart contract as thenability to bring refined legal practices of contract law to the e-commercenprotocols between strangers and the internet. nnIn their most

The malware has been around since last year and has been targeting popular cryptocurrencies including Bitcoin, ZCash, Ethereum, Monero and others.

Increasing improvements to blockchain technology which allows for the transfer of ownership without the use of a centralized third party such as a bank has resulted in the mass availability of blockchain smart contracts. A smart contract is a prewritten software program that automatically performs each party's obligation in an if-then format, while taking advantage of blockchain's decentralized verification system. Uber-secure cryptocurrencies, such as bitcoin, use the same type o

In case there were any remaining doubts, it now seems clear that the SegWit2x hard fork will not happen.The SegWit2x project, a product of the New York Agreement signed onto by a long list of companies and miners in May, had scheduled a hard fork to double Bitcoins block weight limit today. And while the controversial effort was suspended by leaders of the project last week, this would not have stopped anyone else from proceeding with it. Companies like Coinbase were indeed taking into accoun

A group of people are on a mission to bring Bitcoin back to the state of Wyoming after unfriendly laws made it impossible to transact with cryptocurrencies there more than two years ago.The Wyoming Blockchain Coalition announced its formation this week. Its volunteer members aim to create a legal and regulatory environment in the state that welcomes cryptocurrencies and blockchain technology companies with open arms.Among the groups advisors are Patrick Byrne, CEO of Overstock Byrne lives in

While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing trading platforms to meet this need, with blockchain-based tokens pegged to the underlying assets.AnkorusAnkorus is establishing a platform that will permit trading traditional assets, including stocks, bonds, futures, options, gold, silver, commodities, ETFs, FX and bitcoin futures with cryptocurrency. A

The post Dispelling the Doomsayers The Future of China&39s Blockchain Development is Still Bright appeared first on Bitcoin Magazine.

This is a re-write of A Beginners Guide to Claiming Your Bitcoin Cash and Selling It. Please note Everything in this article is just advice based on our best understanding of the current situation.Bitcoin Gold also referred to as Bgold, and trading under the ticker BTG launched November 12, 2017. Since the Bitcoin blockchain technically forked on Bitcoin block 491407, anyone who held bitcoin BTC on October 24, 2017 should have an equivalent amount of BTG attributed to their Bitcoin private ke