1 watch actual coin news with cryptomarket mood rating.

Meet Decred: A Digital Currency by Bitcoin Developers

CryptoCoins News, 1/1/0001 12:00 AM PST

Bitcoin Press Release: Decred is a digital currency that aims to build a more robust consensus system, make funding for long-term development sustainable, and bring new forms of open governance to the blockchain. CHICAGO, Illinois — December 29, 2015 — In 2012, a group of developers experimented with Satoshi’s original Bitcoin client in an effort […]

The post Meet Decred: A Digital Currency by Bitcoin Developers appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

What Banks Should Be Doing With Blockchain in 2016

CoinDesk, 1/1/0001 12:00 AM PST

Virtual Capital Ventures general partner William Mougayar offers eight predictions for the bitcoin and blockchain industry in 2016.

5 Bitcoin and Blockchain Startups to Watch in 2016

CoinDesk, 1/1/0001 12:00 AM PST

Jad Mubaslat, CEO of BitQuick.co, lists the five companies he believes will have the biggest impact on the crypto industry this coming year.

Why I'm Predicting a $650 Bitcoin in 2016

CoinDesk, 1/1/0001 12:00 AM PST

Cryptography consultant Richelle Ross issues her prediction for how the bitcoin price will fare in 2016.

Elephant Platform Announces Ethereum-Based Cryptocurrency elCoin

CryptoCoins News, 1/1/0001 12:00 AM PST

Elephant, a multi-functional economic platform, has launched elCoin, a cryptocurrency based on the Ethereum project. The cryptocurrency is the first to launch worldwide built on smart contract and blockchain technologies. The unit cost of 1ELC is set at 2,5 EUR at the crowd sale stage.   The announcement posted on “industry today,” a content distribution […]

The post Elephant Platform Announces Ethereum-Based Cryptocurrency elCoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Chain Issues Shares Through Nasdaq’s Private Blockchain Platform Linq

CryptoCoins News, 1/1/0001 12:00 AM PST

  In an announcement today, Nasdaq revealed the issuance of its client Chain.com’s share to a private investor using the company’s private-market blockchain platform Linq. Calling it a ‘major advance’ in blockchain technology for private companies, a Nasdaq press release has announced the issuance of shares by Chain.com to a private investor using its blockchain-powered […]

The post Chain Issues Shares Through Nasdaq’s Private Blockchain Platform Linq appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Report: Blythe Masters’ Digital Asset Holdings Isn’t “Supercompelling” for Investors

CryptoCoins News, 1/1/0001 12:00 AM PST

Bitcoin-based startup Digital Asset Holdings has had a hard time with closing deals with investors to cap off the company’s first round of funding, according to a report. Former banker and now a prominent personality in the Fintech space Blythe Masters’ Digital Asset Holdings is ‘struggling’ to close its Series A round of funding by […]

The post Report: Blythe Masters’ Digital Asset Holdings Isn’t “Supercompelling” for Investors appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

This Bitcoin Trend Will Continue in 2016

CryptoCoins News, 1/1/0001 12:00 AM PST

There is one trend which likely will continue into 2016 in the banking world, and that is the trend of Wall Street executives defecting from the mainstream banking industry into the Bitcoin industry. With consortiums such as R3 – and thus the biggest banks in the world – investigating blockchain technology, individuals from Wall Street […]

The post This Bitcoin Trend Will Continue in 2016 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

A buzzy bitcoin startup led by Blythe Masters is reportedly struggling to raise funding

Business Insider, 1/1/0001 12:00 AM PST

blythe masters painting

Digital Asset Holdings, a buzzy bitcoin startup headed up by the legendary Blythe Masters is struggling to raise funding, according to a report in The New York Times.

Masters rose to fame at JP Morgan, where she pioneered the credit default swap in the nineties. She turned heads in March 2015 when news broke that she was joining Digital Asset Holdings, a startup focusing on the blockchain.

The blockchain is the technology underpinning bitcoin, the dgital currency. It's a decentralised ledger of all transactions on the network, and can be used to transfer value very quickly and cheaply.

While bitcoin is struggling to get any mainstream appeal, buzz is continuing to grow around the blockchain — which financial institutions view as a way to streamline their businesses. Blockchain is "no longer a choice," Visa recently declared.

Digital Asset Holdings is one of a few startups in the space vying to build blockchain tools for financial institutions — but it is reportedly having trouble raising funds.

The company is trying to raise $35 million (£24 million), The New York Post first reported earlier this month. According to Nathaniel Popper, a reporter for The New York Times who has written a book on bitcoin, it has been having a hard time convincing investors.

One investor is apparently already locked in: JP Morgan, to the tune of $7.5 million (£5 million). But others, including Goldman Sachs and Citigroup, have allegedly "balked."

One source at a potential investor told Popper that "the deal would need to improve materially for us to get involved ... it's not supercompelling."

Digital Asset Holdings did not respond to a request for comment from Business Insider. A company spokesperson denied it was having trouble to The New York Times, without commenting further.

The funding round, if succesful, would value the company at $100 million (£67 million).

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