South Korea’s Gyeongbuk Province Launches ‘Special Committee’ to Create Blockchain Hub

The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14. North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign experts in the industry to […]

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Bitcoin Technical Analysis: Bitcoin Cash Civil War Drives BTC to a 1-Year Low

Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) 00 got nuked. In fact, the entire cryptocurrency market took a direct hit from a 50 […]

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Korea’s KAIST University Adds Blockchain Application Courses to Curriculum

South Korea’s leading technology university, the Korea Advanced Institute of Science and Technology (KAIST), is working with Theta Labs, the first blockchain-based video delivery system, to introduce students to an entirely new set of coursework regarding the applications of blockchain technology.   “We’re kicking things off with a seminar at the electrical engineering school this Friday […]

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$30M Shanghai-Based Cryptocurrency Trading Fund to Launch in Early 2019

Shanghai-based digital asset management company is reportedly set to launch a new cryptocurrency trading fund in partnership with an unnamed licensed asset manager in Hong Kong. Cryptocurrency Trading Fund: Arbitrage Strategy Point95 Global – a digital asset management firm based in Shanghai, is reportedly planning to set up a new cryptocurrency trading fund in partnership […]

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Crypto Market Loses over $8 Billion in Market-Wide Selloff, Intense Downtrend

Today is a tough day for cryptocurrencies. A large-scale selloff action has erased over $8 billion off the crypto market. The total market capitalization is $205 billion at the press time, down from $213 billion from yesterday. The market has a record of recovering from anywhere near $186 billion, which could be called the crypto […]

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Crypto Music Festivals Are Setting a Precedent for Future Gatherings

Last month, Bitcoinist reported on Our Music Festival (OMF), a cryptocurrency music festival held in Berkeley at the end of October. OMF’s crypto environment sets a precedent for future festivals like South by Southwest, which will host a series of crypto-related events and talks next year. The University of California at Berkeley served as the site […]

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