Archive for the ‘Crypto News’ Category

Somebody is Trying to Trademark Litecoin in Europe

9, Nov 2015

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It seems that someone is attempting to trademark the word “Litecoin” in Europe and the Litecoin Association is looking for help from users in order to object to the ‘bad’ trademark application. Interestingly enough the trademark application has absolutely nothing to do with crypto currencies and is not related to the Litecoin (LTC) crypto currency. There is a dedicated website accepting donations in Bitcoin and Litecoin (unfortunately not providing a lot of details and not very professionally made) as well as an IndieGoGo campaign. The goal is to collect the required €350 which is the fee for filing an opposition with OHIM – the organization responsible for handling trademark issues in the European Union. Any additional funds over the required fee that are collected will be used to trademark Litecoin on behalf of Mr Charlie Lee and if granted, open up the trademark for everyone worldwide to use.

Is Bitcoin Heading to a Price of $400 USD

3, Nov 2015

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Lately we’ve seen the exchange price of Bitcoin exploding and yet again the driving force behind the serious spike seem to be the big number of Chinese people investing into BTC. While on the western Bitcoin exchanges the price is trying to reach a new high of about $380 USD per Bitcoin, we are seeing that the big Chinese exchanges are already very close to $400 USD. This simply means that other exchanges will most likely follow and we may even reach $400 USD exchange rate even later today and it might not be the end of the price increase. So you might want to keep a close eye on what is happening with the price of Bitcoin and take advantage of the best moment to sell some coins…

Genesis Mining Launches Nationwide Bitcoin Advocacy Campaign

27, Oct 2015

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Today, leading cryptocurrency cloud mining provider Genesis Mining launched a nationwide outdoor advertising campaign aimed at bringing awareness to the potential that Bitcoin brings to the world.

Consisting of taxi advertising, billboards, and guerrilla street marketing, the creative ads feature quotes from experts who made egregiously false predictions about disruptive innovations. The quotes were pulled from former leaders of major international corporations about innovations like the telephone, film, and the automobile.

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The campaign launched today at 9:00am PST in Southern Florida, San Francisco, Washington DC, Chicago, and Boston. Over the upcoming three months, the campaign will expand to over 40 cities across the United States.

Genesis Mining and Bitcoin Era App co-founder and CEO Marco Streng stated “We believe people get too caught up in what the experts have to say about innovations. Bitcoin is one of the most exciting innovations the world has ever seen and it’s only just beginning. We launched this campaign to remind people that if you look through history, so called “experts” are not always right about the future. The goal is to open people’s minds and let them decide for themselves what to think.”

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About Genesis Mining
Genesis Mining was one of the first companies to offer cloud mining services and quickly built a reputation as an industry leading provider throughout the cryptocurrency world. As one of the loudest voices advocating for the Bitcoin community, Genesis Mining also prides itself on its cutting-edge technology, proprietary solutions, and focus on customer support. The mining industry will continue to evolve and Genesis Mining will do the same, maintaining its role as an industry leader and defender.


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