Stocks could rally 20% after this bruising rout, says Guggenheim’s Minerd — after that, watch out

MARKETWATCH FRONT PAGE Scott Minerd of Guggenheim Partners has some good news — and some bad news — for stock market investors. See full story. This money-flow chart shows that Amazon and Netflix are in dangerous territory Investors were too complacent when Amazon topped $2,000 and Netflix surpassed $400. See full story. Tesla faces deepening […]

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Australian Gov’t Agency Unimpressed, Says Blockchain ‘At the Top of the Hype Cycle’

Australia’s Digital Transformation Agency (DTA) doesn’t appear to be impressed with the current state of blockchain technology. According to its chief digital officer, the technology is being pushed not by governments or users, but by vendors. Blockchain at the “Top of a Hype Cycle” Earlier this year, Bitcoinist reported that the Australian Government provided AUD […]

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House of Nakamoto Opens in Amsterdam

Featured The House of Nakamoto, an Austrian project helping newbies enter the cryptocurrency world, has recently opened a new store in Amsterdam. Residents and guests of one of the most bitcoin-friendly cities in Europe can now learn about electronic money, get a starter kit with a hardware wallet and load it with digital coins.   […]

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Upcoming ‘Story of Blockchain’ Film Continues Crypto Meets Hollywood Trend

Alex Winter’s new film, “Trust Machine: The Story of Blockchain,” is set for release in late October. The technology documentary is yet another movie chronicling the rise and influence of cryptocurrency and blockchain. Alex Winter became well-known in the world of film after starring in two of the cult-classic “Bill & Ted” movies. In recent […]

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‘Adoption is Real’: Nearly 5 Percent of Canadians Now Own Bitcoin

At least four different studies by institutional authorities indicate that between 3 and 5 percent of people in Canada own Bitcoin.   Bitcoin Investors Are Spreading in Canada Bitcoinist reported in July that 500,000 people in Ontario own cryptocurrencies. The findings were revealed in a survey of more than 2,500 Ontarians conducted by the Investor […]

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Cryptocurrency Roundup App Gets $100,000 Shark Tank Investment

Finance Services that allow individuals to invest small amounts of money on a recurring basis have become popular in recent years, especially for young people. An automatic cryptocurrency buying app that rounds up everyday purchases has just secured a $100,000 investment on Shark Tank. Also Read: Cointext Launches SMS Bitcoin Cash Wallet in 4 New […]

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Online Bank Swissquote Begins Offering Clients Access to ICOs

Crowdfunding Swissquote, a provider of online financial and trading services in Switzerland, has announced that its clients can now participate in initial coin offerings through its platform. The Swiss bank takes care of both the execution and the custody of tokens. In addition, the bank offers the trading of five major cryptocurrencies. Also read: Yahoo! Japan Confirms […]

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Bakkt Bitcoin Futures to Start Trading in December

Finance Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Also read: Yahoo! Japan Confirms Entrance Into the […]

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HTC Releases First Blockchain-Powered Smartphone ‘Exodus 1’

HTC launched a new blockchain-powered smartphone, “EXODUS 1,” Tuesday morning. The phone is the first of its kind—but don’t expect to see it on shelves alongside other mobile devices. The EXODUS 1 is wholly dedicated to blockchain encryption—all the way to how consumers initially order the device: The smartphone can only be purchased using Bitcoin […]

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Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’

A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation. Farmers to the Rescue A relatively small cryptocurrency mining operation run by Icelandic math teacher Krista Hennesdottir […]

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