At press time, the top cryptocurrency in the world has jumped up by $500 and is now trading for just shy of $6,600. This is a monster improvement over yesterday, and a serious spike over where bitcoin has been meandering all week. The past few days have been particularly difficult […]
Tag: bitcoin
ChainXchange Day 2: Thomas Lee, Paul Krugman Discuss Bitcoin Longevity
The second day of Las Vegas Blockchain Week and the ChainXchange blockchain convention has concluded. Today’s activities included discussions and lectures carried out by prominent cryptocurrency supporters and skeptics, including representatives from Ripple and NEM, as well as Nobel Prize winning economist and perpetual crypto bear Paul Krugman. In the […]
Bitcoin Price Watch: Currency Briefly Falls Below the $6,000 Mark Before Recovering
At press time, the father of cryptocurrency is trading for just over $6,000. This is about $200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the […]
Turkey’s Currency Instability Pushing People to Bitcoin
Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced […]
Bitcoin Price Watch: Currency Falls Again, but Volatility Doesn’t Look So Bad
At press time, the father of cryptocurrency has fallen by roughly $200 from where it was over the weekend and is now trading for just over $6,200. One source claims that bitcoin isn’t “doing too bad” when compared with other forms of digital money. The currency’s market dominance has shot […]
4 Exchanges Offering CNY-BTC Trading Despite PBoC’s Blanket Ban
A very interesting situation was created in China when the PBoC decided to ban CNY trading on all domestic exchanges. As such, one would expect no real trading platforms to still offer this functionality. The reality is very different, although none of the following exchanges – ranked by current popularity […]
Bitcoin Price Watch: Currency’s Market Dominance Grows Stronger
At press time, the most well-known and largest cryptocurrency is still trading in the $6,300 range. This is exactly where it stood yesterday and the day before, suggesting that bitcoin has found some sort of “comfort” where it is and is refusing to move up or down. According to one […]
6 JPY Exchanges Dominating Japan’s Bitcoin Trading Landscape
Cryptocurrency is a very popular industry in Japan. Ever since the government legalized Bitcoin as legal tender, demand for this speculative asset has not declined by any means. Various exchanges allow people to buy Bitcoin with Japanese yen. The following platforms are listed in alphabetical order, as their daily trading […]
Bitcoin Price Watch: Currency Stuck in a “Financial Trance”
At press time, everyone’s favorite cryptocurrency and the world’s largest digital coin by market cap is trading for just under $6,400. While this is slightly higher than where it stood yesterday, bitcoin is still within the same range, and stubbornly refusing to move. While we can be grateful the currency […]
3 Types of Cryptocurrency Cloud Mining Contracts Worth Looking Into
A lot of people have shown a great interest in cryptocurrency cloud mining. There are some drawbacks to embracing this business model, although it can turn out to be somewhat lucrative as well. Three main types of cloud mining services exist today, all of which have their own benefits and […]
5 Unique Ways to Buy Gift Cards With Bitcoin
Spending Bitcoin directly on e-commerce platforms has proven to be an interesting challenge. Until things improve, buying gift cards with cryptocurrencies will remain a more than viable alternative. The following platforms allow users to do so. These companies are listed in alphabetical order. 5. CoinCards For residents of Canada, CoinCards […]
Number of ICOs Grew 1.5 Times, Money Raised Decreased 12% in Q2: Report
The number of ICOs launched in the second quarter of the year grew by 49 percent, a new report states. The amount of money raised, however, indicated that investors were less excited at the prospect of investing in ICOs, as it fell by 12 percent. Finance and commerce ICO projects […]
Crypto Price Week in Review: All Major Currencies Fall After SEC Postponement
Bitcoin (BTC) At press time, bitcoin is trading for just over $6,400, a price it managed to secure yesterday afternoon. The currency has been the victim of several price swings over the last few days, which likely stem from the Securities and Exchange Commission’s (SEC’s) announcement that it was postponing […]
Bitcoin Price Watch: Bitcoin Remains Stagnant, Stubbornly Refuses to Move
At press time, everybody’s favorite cryptocurrency remains unchanged from yesterday’s price. It was trading for $6,400 and remains at this figure. Earlier this morning, the currency did brush shoulder with $6,300, though quickly recovered within an hour. It also briefly surpassed the $6,500 mark, then quickly retracted. Analysts claim that […]
Illegal Activity Shrinks to 10% as Speculators Become the Dominant Bitcoin Drivers
There was a time when the overwhelming majority of Bitcoin usage was associated with drug dealing and other illegal activities. With Bitcoin offering relative anonymity that traditional payment methods like cards and bank transfers didn’t, criminals were quick to hop on the bandwagon, which gave Bitcoin the misguided moniker of […]
Bitcoin Price Watch: Could Today’s Rise Signal the Currency’s Return?
At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted […]
Top 5 Exchanges for Buying Bitcoin with GBP in 2018
Buying and selling Bitcoin has become a global phenomenon. Many fiat currencies are supported all over the world, although it seems some trading pairs are less popular compared to others. When it comes to GBP trading, the options are a bit limited these days. The following exchanges are listed in […]
4 ETF Drawbacks Potentially Hindering Future Bitcoin Growth
A lot of industry experts have high hopes for Bitcoin ETFs. These investment vehicles are primarily designed to attract more institutional investors, assuming such a vehicle ever gets approved. At the same time, there are several downsides to ETFs which could hinder the long-term growth of the Bitcoin industry. 4. […]