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 […]
Tag: bitcoin
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 […]
Microsoft Allegedly Stops Accepting Bitcoin Once Again
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 […]
Bitcoin Price Watch: Currency Jumps to $6,700
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 […]
Indian Congress Demands Probe Into Bitcoin Scam Involving Top Officials
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, […]
The Question of Bitcoin’s Future
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 […]
Bitcoin Price Watch: Currency Falls by $100
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 […]
Should Bitcoin Switch to the Proposed PoWx Solution?
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 […]
Bitcoin Price Watch: Currency Jumps to $6,600
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 […]
The 2018 Year of Cryptocurrency Challenge – Week 22
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. A few weeks ago was the twenty-first installment of the challenge. Before we jump into the […]
Bitcoin Price Watch: Currency Down for the Count
At press time, the father of cryptocurrencies has dropped down to about $6,400. That is roughly $200 less than where it stood yesterday afternoon. Enthusiasts everywhere were pleasantly surprised to see the currency spike to $6,600 just prior to the start of the week. However, things began looking a little […]
Is Satoshi Nakamoto Writing a Book, or Is It Just Another Publicity Stunt?
The elusive Satoshi Nakamoto is writing a book, at least according to a blog post on a website reportedly owned by the creator of Bitcoin. The writer included the first of two excerpts in the blog post, describing it as a brief glimpse of history. The excerpt was the supposed […]
Bitcoin Price Watch: Currency Rising Again
At press time, the father of cryptocurrencies is back up to the $6,600 mark it had reached just 48 hours ago. During yesterday afternoon, bitcoin had seemingly fallen back down to $6,500, and was trading for about $100 less than where it stood previously. However, as it’s still semi-vulnerable to […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Bitcoin Price Watch: Currency Falls by $100
Bitcoin has experienced a slight stumble since yesterday’s “high.” The currency is now trading for $6,500, which is about $100 less than where it was 24 hours ago. The bitcoin price had previously escalated to the $6,600 position, which marked a huge change from the previous downturn of events in […]
Bitcoin Price Watch: Currency Spikes to $6,600
At press time, the father of cryptocurrencies is continuing its long-awaited price jumps and has moved past $6,600. That is about $300 higher than where it stood yesterday afternoon. After a long period of up-and-downs, bitcoin finally seems to be on a path of recovery. The currency has ultimately shot […]
New Research Says Crypto Prices Are Being Manipulated
If there’s one constant about cryptocurrency, it’s volatility. Many people wonder if it’s possible to track the things that cause price fluctuations, asserting that if they could, making the all-important decision about when — or if — to invest would be more straightforward. According to a research paper about Bitcoin […]