Cryptocurrency News
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 […]
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’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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
There have been some concerns involving Microsoft’s acceptance of Bitcoin in recent months. Although the company seemingly still accepts Bitcoin deposits to top up one’s Microsoft account, some Reddit users have run into problems. One company representative even claims this option should have been removed a while ago, and that […]
It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 […]
Another day, another crypto-related scam. This time it’s in India, where members of the nation’s congress have demanded a Supreme Court-monitored investigation into a “mega Bitcoin scam.” Calls for the probe are led by senior congressional leader Shaktisinh Gohil, who accuses the top leadership of the country’s largest political party, […]
There is a lot of uncertainty revolving around Bitcoin these days, having entered the second hundred days of the bear market. People are now beginning to question whether the technology is worth their continued investment. Bitcoin, despite the last few months, is valued higher than it was at the same […]
At press time, bitcoin is trading for roughly $6,500. This is about $100 less than where it stood yesterday afternoon. It appears bitcoin still can’t make up its mind regarding where it wants to be. In yesterday’s price piece, we discussed that bitcoin had been meandering between $6,300 and $6,600 […]
Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner. It is a very different take on cryptocurrency mining, albeit […]
At press time, the father of cryptocurrency is back up to $6,600, where it has been on-and-off for the past few days. Since last weekend, bitcoin managed to stay within the mid $6,000 range, though small hikes and falls have occurred within that time. The currency first experienced an $800 […]