At press time, the father of cryptocurrency is up by roughly $300 from yesterday, and is trading for over $6,600. This is great news, as many sources are commenting that bullish trends are forming on bitcoin’s technical charts, and the currency is once again finding its way to the top. […]
Tag: bitcoin
Bitcoin Price Watch: Currency Up Despite Russia Probe
At press time, the number one cryptocurrency in the world by market cap is up approximately $100 from yesterday, and is now trading for around $6,350. A rise is always welcome news amongst crypto-enthusiasts, though it’s unclear if bitcoin is on a path towards recovery or not. And yet, bitcoin […]
Bitcoin Price Watch: Currency Remains at $6,200
At press time, the number one cryptocurrency in the world remains at $6,200. The coin has stayed in this position for more than 24 hours, giving us plausible evidence that perhaps things are beginning to settle… Unfortunately, one source is suggesting that another fall to $6,000 – or perhaps even […]
Bitcoin Awareness in Canada Rises to 85%: Bank of Canada Report
A survey by the Bank of Canada has found that 85 percent of Canadians are aware of Bitcoin. The survey further revealed that the level of ownership of the digital currency had nearly doubled in 2017, with most of the owners holding it for speculative reasons and as a form […]
Bitcoin Is Still a Better Investment Than Altcoins: Crypto Expert
If you are thinking of decamping from Bitcoin to invest in the various altcoins anticipating higher returns, don’t. According to Bart Smith of the Susquehanna International Group, Bitcoin is still the best bet and will continue to dominate the market. The rise of altcoins at the end of last year […]
TenX Founder Remains Confident Bitcoin Will Hit $60,000 This Year
Have you lost faith in your Bitcoin prediction for the year? Has the recent downward spiral of the crypto markets caused you to lower your prediction? Julian Hosp, the co-founder of crypto startup TenX, is unfazed by the current market conditions. To the contrary, he remains bullish on Bitcoin, predicting […]
Bitcoin Price Watch: Can BTC find new support?
At press time, the father of cryptocurrency is up by $100 from yesterday afternoon and trading for about $6,250. It’s always a good sign to see bitcoin pulling itself out of a dark hole, and while it can’t be said if recovery is imminent or not, the currency is beginning […]
Bank of Finland Considers Bitcoin to Be a Fallacy
Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them. Its new paper on Bitcoin and other virtual currencies shows there is still a distinct lack of trust and […]
Chinese Yuan’s Share of Bitcoin Trading Dropped From 90% to 1%
China is one of the more technologically advanced nations in the world, and with its population closing in on 1.4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days. Many of the biggest exchanges in the world were established in the Asian nation, with […]
Bitcoin Price Watch: Currency Drops Another $200
Bitcoin’s back in a slump… Again. At press time, the currency is trading in the $6,100 range – roughly $200 less than where it stood yesterday morning. The price has been in steady decline over the past 48 hours after remaining at what analysts believed was a solid $6,700. Present […]
Study Shows Investors Favor Ethereum Over Bitcoin
Making an investment in cryptocurrencies is not as straightforward as most people think. There is a lot more to this industry than Bitcoin, and diversification of one’s portfolio is key. A new survey by Foley and Lardner indicates most people consider Ethereum to be a better investment than Bitcoin. Cryptocurrency […]
Ethereum Price: Gains Over Bitcoin Don’t Negate USD Setback
The cryptocurrency markets are still not in a good place right now. All of the top currencies have lost a fair amount of value in the past few days. Even though the Ethereum price went in the green some time ago, it has fallen below that threshold once again. Maintaining […]
Bitcoin Price Watch: Currency Remains at $6,300
Bitcoin is likely driving a lot of people nuts right about now, not just because it can’t seem to decide where it wants to be price-wise, but from all the crazy predictions that have attached themselves to it. At press time, the father of crypto is remaining at $6,300, where […]
Imperial College London Professors Expect Bitcoin to Go Mainstream in Ten Years
Many people question whether or not cryptocurrency can ever gain mainstream traction. The way things are looking right now, that appears rather unlikely unless something changes dramatically. New research by Imperial College London paints a very different picture in this regard. The Future of Cryptocurrency is at Stake Compared to […]
Bitcoin Price Watch: Currency Falls to $6,300
At press time, the father of crypto has fallen back down to $6,300, about $400 less than where it has stood for the past few days. Bitcoin recently reached $6,700 – a milestone according to most analysts, who suggested that the currency had broken longstanding resistance and that $7,000 was […]
Professor Whitfield Diffie on the Challenges of Securing Data on the Blockchain
Blockchain technology has come a long way since it was introduced as the underlying technology driving Bitcoin. As the field continues to advance, modern blockchains such as Ethereum, EOS, NEO, Cardano and others are becoming software platforms where startups can build entire products and utilize decentralized features inside their own […]
Bitcoin Price Watch: Currency Holds Firm at $6,700
At press time, the father of cryptocurrencies is holding its ground at $6,700, a price it managed to reach during yesterday’s early morning hours. After much speculation about whether bitcoin would be able to jump past $6,600, resistance was finally broken, and many analysts are wondering when bitcoin will strike […]
British BMW Dealership Accepts Bitcoin Payments Through BitPay
Bitcoin investors and speculators don’t often spend their cryptocurrency holdings on goods and services. For those times it does happen, it appears luxury and expensive items are in high demand. As such, various car dealerships now accept Bitcoin payments. Stephen James BMW Group is the latest dealership to have embraced […]