Report: Blockchain Spending in US to Reach $41 Billion by 2025

Blockchain spending in the United States will increase from $3.12 billion to $41 billion by 2025, according to a new report published on March  25.

A new report dubbed the “United States Blockchain Business Opportunities and Outlook Databook Series (2016-2025)” forecasts that blockchain spending in the U.S. will report a compound annual growth rate (CAGR) of 44.5 percent,

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Tor Digital Privacy Project Accepts Donations in Cryptocurrency

Tor digital privacy software is now accepting donations in various cryptocurrencies, as a new crypto donational portal appeared on the project’s website on March 18.

The site now accepts nine major cryptocurrencies, namely Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Stellar Lumen (XLM), Augur (REP) and Zcash (ZEC).

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Bitcoin Stays Over $4,000 as Top Cryptos See Slight Losses

Saturday, March 23 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time.

Bitcoin is down just under half a percent on the day, trading at around $4,022, according to CoinMarketCap. Looking at its weekly chart, the current price is over a quarter of a percent higher than $4,037,

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Major Latin American E-Commerce Company Bans Cryptocurrency-Related Ads

The largest e-commerce company in Latin America, Mercado Livre, has banned cryptocurrency advertising on their website, Cointelegraph em Português reported on March 18.

The development was revealed in an exclusive interview with Cointelegraph em Português after the company’s users reported receiving of emails informing them about the change in Mercado Livre’s policy.

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Crypto Markets Descend While Tech Stocks Surge

Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent.

Market visualization from Coin360

The leading cryptocurrency Bitcoin (BTC) is trading at $4,027 at press time, down about one percent over the 24-hour period.

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Did the SEC Chairman Confirm Ethereum Isn’t a Security? Not Quite, but It’s Optimistic

Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman.

“Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” Hinman said on June 14,

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Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark.

Market visualization from Coin360

During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059,

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Local Media: Qatar Telecommunications Giant Ooredoo Launches Blockchain Initiative

Qatar-based telecommunications giant Ooredoo Group has launched a blockchain initiative, English-language local media The Peninsular Qatar reports on March 18.

Per the report, the company already collaborates with entities in the private, public and academic spaces to develop blockchain solutions. Ooredoo Group CEO Sheikh Saud bin Nasser Al Thani is quoted in the article as stating that “blockchain will facilitate new digital business models and revenue in the next five years.”

According to him,

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Japanese Court Finds Ex-Mt. Gox CEO Guilty of Record Tampering

Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. The news was reported by Bloomberg on March 15.

The Tokyo District Court has reportedly found Karpeles guilty of mixing his personal finances with those of the exchange in order to conceal the platform’s losses to hackers.

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Chinese Insurance Giant Ping An Partners With Decentralized AI Startup SingularityNET

Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14.

Per the release, the collaboration will at first focus on Optical Character Recognition (OCR), Computer Vision (CV) and model training.

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Some Altcoins Make Mild Gains, Crude Oil Futures See Four-Month High

Thursday, March 14 — cryptocurrency markets are trading sideways, with some major coins making minor gains on the day, according to data from Coin360.

Market visualization from Coin360

Bitcoin (BTC) is up less than one percent over the past 24 hours, and is trading at $3,921 at press time.

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Crypto Markets See Mixed Action While Bitcoin Holds $3,900, US Stocks Rise

Wednesday, March 13 — cryptocurrencies continued trading sideways today, with most of the top 20 cryptocurrencies by market capitalization seeing moderate price changes since yesterday.

Market visualization from Coin360

Bitcoin (BTC) has managed to hold the $3,900 price threshold by press time, staying relatively stable since March 6.

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Major UK Energy Company Acquires Stake in Blockchain Firm Electron

Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on March 12.

Kaluza —  an intelligent grid technology company that provides software and hardware products to the energy sector — has reportedly made an investment in Electron,

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EU Report Calls for Blockchain Interoperability Standards

A recent report to the European Union made recommendations on how to better develop blockchain technology, including the introduction of interoperability and scalability standards. The report was published by the European Union Blockchain Observatory and Forum on March 6.

The report dubbed “Scalability, Interoperability And Sustainability of Blockchains” was prepared by blockchain tech firm ConsenSys on behalf of the European Union Blockchain Observatory and Forum.

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Top 5 Crypto Performers Overview: Binance Coin, Litecoin, NEXO, EOS, Stellar, Monero

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

The combined market capitalization of all cryptocurrencies has already twice gone below $145 billion.

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NEM Foundation Releases Restructuring Plan Amid Financial Difficulties

The NEM Foundation has released its plan for a financial and organizational restructuring on March 8. The plan comes in the wake of news earlier this year that the foundation was running low on its native XEM tokens.

On Feb. 20, the foundation decided to release 210 million XEM tokens ($8.7 million) from reserves,

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North American Seafood Firm to Use Blockchain Tech in Supply Chain

North America’s largest branded shelf-stable seafood firm Bumble Bee Foods has launched a blockchain platform for seafood traceability. The project was created in collaboration with German tech company SAP specializing in enterprise software, according to a press release on March 8.

Based on SAP Cloud Platform Blockchain service, the new platform can purportedly monitor the supply chain of yellowfin tuna from Indonesia to end customers.

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Thai Petroleum Company Tests Blockchain Energy Trading Platform

Thai petroleum refining firm Bangchak Corporation Public Co. Limited (BCP) is testing a blockchain-based energy trading platform and commercial microgrid, distributed energy news site Microgrid Knowledge reports on March 7.

BCP is testing the new platform at a shopping mall attached to one of its fuel stations in Bangkok. The new system will purportedly combine 280.9 kW of commercial rooftop and canopy solar photovoltaics with 913 kWh of lithium-ion,

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Tron, Bitcoin SV: Price Analysis, March 6

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

Crypto companies are attracting talent from traditional industries.

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Crypto Markets Recover $5 Billion Lost on Monday, Bitcoin Tests $3,900 Support

Tuesday, March 5 — crypto markets have seen a healthy wave of green, with all of the top 20 cryptos seeing a firm recovery after yesterday’s sell off, according to data from CoinMarketCap.

Litecoin (LTC), the fourth cryptocurrency by market cap, is up almost 12 percent over the day, seeing gains of more than 13 percent over the past 7 days.

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Tron, Bitcoin SV: Price Analysis, March 4

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

The market tends to cycle between periods of low and high volatility.

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#DeleteCoinbase: Exchange Users Respond to Acquisition of a Firm Run by Former Spyware Developers

Last week, Coinbase announced that it had acquired Neutrino, a blockchain intelligence startup, which at first seemed like a regular purchase for the ever-growing United States cryptocurrency exchange.

However, soon the crypto community learned that Neurino’s key staff are directly affiliated with Hacking Team, a controversial information technology outfit that sells offensive surveillance capabilities to governments,

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Asia Pacific Conservative Union Launches Blockchain Ecosystem to Fight Authoritarianism

Two executives from the Asia Pacific Conservative Union (APCU) have launched the Liberty Ecosystem, a blockchain-based network designed to fight authoritarianism, a press release shared with Cointelegraph reveals on March 2.

The co-founders of the project are APCU chairman, Jikido “Jay” Aeba, and CEO and co-founder of the organization, Yasu Kikuta. The press release describes the initiative as a “decentralized federation of local advocacy and economic development organizations seeking to combat the rise of authoritarianism in the Asia-Pacific region and around the world.”

Per the announcement,

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Investors in Overstock Crypto Subsidiary Reduce Investment from $404 Mln to $100 Mln

Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital will co-lead an investment of up to $100 million in tZERO, according to a press release on March 1. TZero is United States retail giant Overstock’s crypto-related subsidiary company.

Overstock founder and CEO Patrick Byrne revealed that GSR and Makara have signed a Memorandum of Understanding (MoU) to make the investment in tZERO’s common stock in April.

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