What is Ethereum Going to Do With All the Money It Raised?
At the time of writing, Ethereum’s presale has entered its next phase, where the price of 1 ETH dwindles in a downward linear progression through the sale’s end. The presale thus far has seen more than 48 million ETH presold, which even if calculated at the original price of 1 BTC / 2000 ETH is more than US$14 million. On Wednesday, the Wall Street Journal reported “mixed emotions” among “Bitcoiners” regarding the Ethereum presale because a few people on Reddit called Ethereum a scam. “Then there’s the other concern: Will the Ethereum team start dumping all their accumulated bitcoins and,....
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Ethereum extended its gains on Thursday, hinting at more profitability in the week that saw Coinbase, one of the world’s largest cryptocurrency firms, making its debut on the Nasdaq Stock Market. Traders also raised their bids on the second-largest cryptocurrency after ConsenSys, a software development firm focusing actively on the Ethereum blockchain, raised $65 million […]
Even though Qtum is designed for developers, rather than consumers, the average person on the street will reap the benefits of what Qtum has to offer. It is impossible to ignore the Qtum crowdsale right now. This project will change the way people think about bitcoin and Ethereum technology altogether. With an enterprise-oriented approach, the next wave of decentralized applications is just around the corner. The project also attracted quite a lot of interest for their crowdsale on day one, raising a lot of bitcoin and Ether in the process. Before the first day of the crowdsale had passed,....
The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process. This chart was widely applied to the Bitcoin price as analysts believed that it projected Bitcoin reaching new peaks. So far, the Bitcoin price has already climbed to $124,400 with the money supply chart, and now, analysts are applying the same Global M2 Money Supply chart to the Ethereum price, showing that the altcoin could land at 5-figures soon. What The Global M2 Money Supply Says About Ethereum Price Crypto and market analyst Ted Pillows has taken another route when it comes to....
Aislinn Wish Leoncio-Apilado is a baby in the Philippines who needs a liver transplant. Miguel Cuneta, a bitcoin entrepreneur in the country, wanted to help. Cuneta, co-founder of payment services startup Bitmarket.ph, had already successfully raised enough in bitcoin donations to buy 20 boats for fishers who lost their livelihood in 2013's Typhoon Haiyan. Anxious to demonstrate again bitcoin's potential for doing good, he helped Aislinn's family set up a bitcoin wallet and spread the word on a Facebook group and reddit. Soon 3.4BTC had come in, delighting the family. He said: "Raising....
Blockware announced on Thursday that a second oversubscribed fundraising round had raised $25 million. Blockware Raise Money In Oversubscribed Round North American bitcoin mining company Blockware Mining today announced that it has raised over $25 million in a second oversubscribed funding round, bringing the company’s total capital raised to more than $32 million. They want […]