Bitcoin Traders

Cryptocurrencies like bitcoin are disrupting the financial landscape, but their challenge to traditional currencies may be limited.

Police in Chinese city seize 600 computers used to mine bitcoin

Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday. "Eight high-power fans were also seized," Xinhua said, quoting local police and added that it was ...

Bitcoin Is a Massive Scam, Former PayPal CEO Bill Harris Claims

Bill Harris, former Paypal CEO and founder of Personal Capital, wrote an editorial for Recode regarding Bitcoin on Tuesday. He did not hold back his feelings on the cryptocurrency calling it a “scam” and having “no value.” His barrage of ridicule wasn't limited to Bitcoin as he pointed out other digital ...

Bitcoin Surges While US Stocks Slump

Bitcoin is one of the few things surging while U.S. stocks slump #tictocnews https://bloom.bg/2Fe600H (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices Website Feedback Help ...

Cryptocurrency Infused Islamic Microfinance Fund Launches in Central Java

Bitcoin .com recently spoke with Matthew Martin, the CEO of Blossom Finance about the launch of Blossom's new cryptocurrency infused microfinance fund. Blossom enables international investors a commercial return on microfinance institutions that are aimed at reducing poverty. The company partners ...

Zerocoin: Anonymous Distributed E-Cash from Bitcoin

While Bitcoin offers the potential for new types of financial interaction, it has significant limitations regarding privacy. Specifically, because the Bitcoin transaction log is completely public, users' privacy is protected only through the use of pseudonyms. In this paper we propose Zerocoin, a cryptographic ...

Bitcoin Cracks $9400, $10000 in Sight

At last, bitcoin's winter blues are finally over. On Tuesday (April 24) the cryptocurrency favorite did something it hasn't done in over a month: cross over the $9,200 threshold in early morning trading, levels the digital currency hasn't seen since March 8 when it was last priced above $9,000 at $9,075.54.

Bitcoin Today: Prices Surge Past $9000 Mark as Rally Continues

Bitcoin continued an impressive rally on Tuesday as prices blew past the $9,000 mark overnight. Trading volume surged as high as $8.9 billion for first time since April 12. At the same time, the total market value of all cryptocurrencies surged past the $400 billion mark for the first time since early March.

'OK, I'll say it: bitcoin is a scam,' says the former CEO of PayPal and Intuit

Bitcoin has enjoyed a nice stretch lately, breaking through the $9,000 level on Tuesday and leading a broad advance in the crypto space, which has seen a $100-billion surge in market cap to $425 billion over the past week. So, Bill Harris, are you warming up to bitcoin as an investment? 'It's a colossal ...

Bitcoin Price Watch: Currency Spikes Beyond $9000

Billionaire tech investor Tim Draper is referring to bitcoin as bigger than both the Internet and the Industrial Revolution, and with so many analysts predicting another massive breakout in the coming months, he may not be far off the mark. This is the first time since early March that the currency has struck ...

TD Ameritrade Put An Actual Ad on the Bitcoin Blockchain

TD Ameritrade planted an ASCII flag - that is to say, imprinted an advertisement - on bitcoin's blockchain earlier this month. The online broker announced that it sent 68 bitcoin transactions to create a digital flag with its logo on the bitcoin blockchain, in a post published this past weekend. The company ...

Bitcoin jumps 7% amid massive market sell-off

Bitcoin rose to its highest level in more than a month as the broader U.S. financial markets sold off Tuesday. The digital currency was trading near $9,436 as of 4:21 p.m. ET, and has jumped nearly 20 percent in the past week, according to data from Coindesk. Bitcoin is coming off of its worst quarter ever, ...

Backspace: 'Sars and bitcoin'

You are at:Home»Jerm»Backspace: 'Sars and bitcoin '. Jerm. Backspace: 'Sars and bitcoin '. By Jerm 24 April 2018 No Comments · Twitter Facebook Google+ LinkedIn WhatsApp Reddit. View more contributions from TechCentral cartoonist Jerm. Backspace Bitcoin Jerm Sars · Twitter Facebook Google+ ...

Bitcoin Is One of the Few Things Surging Amid a Sea of Losses

Amid a sea of red in financial markets, Bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4 percent Tuesday to $9,412, the highest since Match 7. Bitcoin has gained 20 percent in the past week and 37 percent in April, on track for its best month since its record-breaking ...

20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon

20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon The most talked about major bank as widely considered to be in the process of entering the field is Goldman Sachs, although its CEO has denied in the past the rumors they are setting up a bitcoin trading desk. On Monday it ...

Bitcoin climbs to six-week high as market sentiment improves

On Tuesday, bitcoin climbed in six of the last seven sessions. It was last up 4.4 percent at $9,340.88 BTC=BTSP on the Bitstamp platform. Bitcoin's gains also increased demand for other cryptocurrencies such as ripple and ethereum, pushing the market capitalization of all digital currencies to $427 ...

Bitcoin Is One of the Few Things Surging in a Sea of Losses

Bitcoin is rebounding from its worse start to a year ever, as it slumped more than 50 percent in the first quarter and plunged to as low as $5,922 from almost $20,000 at the end of last year. The cryptocurrency market is gaining as tax-related selling ends and regulatory-related headlines fade, while Wall ...

Bitcoin Will Hit $250K Within 4 Years: Tim Draper

Ask venture capitalist Tim Draper about bitcoin , and you'll find that the early supporter of Tesla Inc. (TSLA), Skype and Hotmail is perhaps the most vocal proponent around. In fact, Draper has gone on record stating that he believes bitcoin will be "bigger than the internet," according to a recent report by ...

Sorry MIT, But You're Not Taking Down Bitcoin

“Let's destroy Bitcoin .” Thus the MIT Technology Review purports to present a guide to taking down the flagship cryptocurrency, whose network has achieved 99.99 percent uptime since its launch in January 2009. Unsurprisingly, the publication's plans — which you can read about in more detail here ...

Founding PayPal CEO Bill Harris Says Bitcoin Is A Scam, Here's Why He's Wrong

First of all, Bitcoin is undoubtedly useful as a means of payment in specific scenarios where there are no other options available to the user. For example, Amazon Mechanical Turk workers who find it difficult to transfer value out of the system often turn to bitcoin by way of Purse.io. Harris even admitted ...

Bitcoin Crosses $9000 Again: A Good Sign?

As of this writing, bitcoin (BTC) is trading for more than $9,300, having climbed by several hundred dollars per coin in the past day. This is the fourth time that the cryptocurrency has passed this landmark threshold, and it has some analysts wondering what the future holds for the cryptocurrency leader.

Investor Says Bitcoin is the 'First Viable Replacement For Gold'

In a statement that would make even the feet of David Drake twirl with delight, John Pfeffer said that his anticipation is for Bitcoin's price to rise to at least $90,000 or 'significantly higher.' At the time of writing, the cryptocurrency is trading for $9,202, marking a 3.37% increase in the last 24 hours.

Markets Update: Cryptocurrencies Bring Bullish Gains This Spring

Cryptocurrencies are breaking new price levels this week as markets are seeing gains across the board during the last two weeks of April. Yesterday's trading sessions saw bitcoin cash touch a high of $1,560 per BCH as the currency has been on a relentless run over the past week. BCH prices are ...

Prudent Or Folly? Brokers Are Shunning Bitcoin

Cryptocurrency markets have dropped steeply since last year, yet about 5% of Americans—or 16 million people—owned bitcoin as of early 2018. Many experts agree that virtual currencies are here to stay, but if you're an investor and you'd like crypto advice from your financial advisor, you're likely out of ...

Bitcoin hits its highest levels in over a month as crypto markets rebound

The price of bitcoin was up more than 4% Tuesday, as high as $9,350 per coin, continuing a streak of gains that have pushed the world's largest cryptocurrency to its highest price since mid-March. Most cryptocurrencies saw a slight decline ahead of the US deadline for filing income taxes, which was ...

Bitcoin Surpasses $9400 As Bullish Sentiment Wins Out

Bitcoin prices rose above $9,400 today, pushing higher as the market benefits from the return of positive sentiment. The world's largest digital currency by market value reached $9,407.81, according to the CoinDesk Bitcoin Price Index (BPI). At this price, Bitcoin was up 46% from the recent low of ...

Bitcoin is the greatest scam in history

Okay, I'll say it: Bitcoin is a scam. In my opinion, it's a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices.

Bitcoin Approaches $10000, Analysts Expect More Gains Once That Barrier Is Broken

Bitcoin has jumped up by more than a third in value to more than $9,000 — $9,300 at the time of writing — for the first time since March, and is primed for another 'price explosion,' according to analysts. This uptick could see the cryptocurrency's value soar to even greater levels than experienced in 2017 ...

Iceland's 'Big Bitcoin Heist' Suspect Has Been Arrested

Iceland's now-infamous bitcoin miner thief has reportedly been arrested. A Dutch police spokesperson confirmed that Sindri Thor Stefansson - who is accused of masterminding the theft of $2 million worth of mining hardware in what's being called the "Big Bitcoin Heist" - was arrested in the Amsterdam ...

Bitcoin is Surging, but Expert Predicts Shocking Low Price of $2000

Bitcoin is booming, but it may not stay that way for long. While the world's largest cryptocurrency shot past the $9,000 mark per coin on Tuesday, one expert sees the price crashing to between $2,000 and $3,000 this year before rising again. “Typically bitcoin has declined 80 to 90 percent after reaching ...

Here's Why Bitcoin Is On The Rise Again

Bitcoin is back from the brink. Sort of. After topping at near $20,000 in mid-December, the world's leading cryptocurrency by market cap has been in nothing but freefall ever since. But over the last week, Bitcoin has moved closer to $10,000, cracking $9,000 in mid-morning trading on Tuesday. What's ...

Want to contribute bitcoin to a political campaign? State ethics panel could decide if and how

Unlike a check or credit card payment, a bitcoin transaction provides no form of positive ID -- unless the sender independently confirms the transaction, said Brad Chandler, who directs the Nicholas Center for Corporate Finance and Investment Banking at UW-Madison. Chandler said that could make it ...

Bitmain subsidiary Antpool accused of artificially boosting Bitcoin Cash (BCH) price

China-based Bitcoin mining giant and ASIC chips manufacturer – Bitmain – has landed in yet another controversy. Its subsidiary Antpool, known as one of the world's largest Bitcoin mining pools, has found itself in hot water after it became clear the company is burning a chunk of all Bitcoin Cash (BCH) ...

A History of Bitcoin Hard Forks

In early 2009, the mysterious cryptocurrency developer (or team of developers) with the alias "Satoshi Nakamoto" released the first software program which implemented the digital currency bitcoin . Since then, bitcoin has gone on to not only gain massive appeal across the glbe, but also to inspire ...

Bitcoin breaks resistance and 100-day moving average

Digital currencies continued their stellar run Tuesday, with all major coins in the green and on track to extend their winning start to the week. The No.1 digital currency added 4% Tuesday, breaking through $9,000 to an intraday high of $9,337.66. A single bitcoin BTCUSD, +4.83% was last worth ...

Bitcoin in Brief Tuesday: Wary Giants, Eager Dwarfs

For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin . Centralized control doesn't square with decentralization. However, often that's not how their own regions and smaller neighbors feel about cryptocurrencies.

Flawed Forks: Bitcoin Clones Not Considered Worthy by Weiss

Numerous versions of Bitcoin have been created throughout the years. Rather than choosing completely new names for these currencies, there are different Bitcoin -themed clones on the market. According to Weiss Cryptocurrency Ratings, all of these clones have one common aspect. They are all ...

Campaign donations in bitcoin and other cryptocurrencies could pose pitfalls for Wisconsin ...

MADISON - Ethics officials are considering whether Wisconsin politicians can accept campaign contributions in bitcoin instead of dollars. If Wisconsin lets politicians receive donations in this electronic currency, the state would join the federal government, the District of Columbia and at least one other ...

Bunny Ranch brothel lets punter pay for sex with BITCOIN for first time ever

Part of the allure of Bitcoin is its anonymity – which is why it's hugely popular with criminals. Bitcoin transfers can be made without identifying who is sending the cash, which seems like the perfect solution to paying for sex services. After all, few randy punters would want brothel charges showing up on ...

BitPay Confirms Bitcoin Cash Retail Payments as Prices Jump

Cryptocurrency payment service provider BitPay has announced that it will allow brick-and-mortar businesses to use Bitcoin Cash for payments. Already available for Bitcoin , the new service will give customers the option to choose between paying in BTC or BCH. BitPay Checkout, used by restaurants ...

Bitcoin Daily: Tax Day Rebound Continues For Bitcoin, Goldman Sachs Mulls Bitcoin Trading

Bitcoin rose above the $9,000 level this past weekend as the cryptocurrency continued to notch gains following Tax Day, CNBC reported. Fundstrat Global Advisors' Tom Lee had predicted that the digital currency would rebound following Tax Day. Americans were estimated to have owed the IRS a ...

Bitcoin Faces Stiff Resistance On Road to $10K

Bitcoin is solidly bid on Tuesday and could test the $10,000 mark in the next few days, chart analysis suggests. Following a sharp price spike just after midnight (UTC), the cryptocurrency rose to $9,308 on Bitfinex - the highest level since March 14. At time of writing, BTC was trading at $9,291, up 4.2 ...

Icelandic bitcoin heist suspect arrested in Amsterdam after leaving prison

Icelandic authorities believe Stefansson is connected to the recent theft of 600 bitcoin -mining computers. According to an account in the Icelandic newspaper Fréttablaðið, which was translated into English for Ars by a kind redditor, Stefansson may have believed that his detention was, in fact, over.

Will Bitcoin Ever Replace Gold as a Store of Value

Can Bitcoin ever match or even replace gold as a safe haven from fluctuating fiat currency and unstable stock and bonds markets? Some experts see a future where it will.

The man who called the bitcoin bottom now sees this

Tuesday morning, bitcoin was trading above $9,200, representing roughly 28 percent upside since that time. ... Bitcoin has seen a bounce from its 2018 lows even in the face of ongoing regulatory concerns, including a new inquiry from New York Attorney General Eric Schneiderman into exchanges like ...

Bitcoin value is on the verge of another 'price explosion', according to cryptocurrency experts

Bitcoin is primed for another “price explosion” that could see the cryptocurrency's value soar to even greater levels than it experienced in 2017, according to analysts. The price predictions come amid significant gains across cryptocurrency markets in recent weeks that have seen bitcoin rise by more than ...

Bitcoin rallies to a more than one month high near $9300

The Internal Revenue Service (IRS) views bitcoin and other cryptocurrencies as property, meaning profits from transactions are subject to capital gains tax. Another factor that weighed on cryptocurrency prices included increased regulatory scrutiny globally. Bitcoin saw a huge run up in price in 2017 and ...

Bitcoin put him on the street. Then it made him a fortune

Today, Youssef is a self-made Bitcoin success story. Yet he claims that Paxful was never about making money. To him, it's all about helping the little guy and giving back from his success, specifically in the developing world. He's a man who isn't afraid to disregard the rules if he sees them as unjust.

MIT Comes Up With Three Ways To Take Bitcoin Down

The MIT Technology Review has published an article today, April 24, called “Let's Destroy Bitcoin ,” detailing three ways that the cryptocurrency could be “brought down.” The first option, according to the article, is a government takeover of Bitcoin with the creation of a Federal Reserve-backed coin ...

Bitcoin price surges by a third as cryptocurrency breaks above $9000

The price of bitcoin has returned above $9,000 for the first time since March, having risen by more than a third in value over the last two weeks. The world's most valuable cryptocurrency now has a market cap of more than $150 billion, though this is still down considerably from its peak valuation of ...

Power-sucking Bitcoin 'mines' spark backlash

Bitcoin "miners" who use rows of computers whirring at the same time to produce virtual currencies began taking root along New York's northern border a couple of years ago to tap into some of the nation's cheapest hydroelectric power, offering an air of Silicon Valley sophistication to this often-snowy ...

Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

One of bitcoin's leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News. Bitcoin .com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models ...

Cboe Exchange Wants to Lower Its Bitcoin Futures Prices

The Cboe wants to change the way it prices bitcoin futures contracts, a move that comes just months after the exchange operator first debuted its inaugural cryptocurrency product. In a newly published letter to the Commodity Futures Trading Commission (CFTC) dated April 17, CBOE Future Exchange ...

Asian Cryptocurrency Trading Roundup: Top Altcoin is Bitcoin Gold

Crypto markets are still looking strong this morning as buyers dominate during Asian trading. The total market capitalization surpassed $400 billion for the first time in over six weeks yesterday and has continued higher today. Bitcoin is still bullish and has moved above $9,000 to trade up 3.6% on the day ...

Let's destroy Bitcoin

Yet while Bitcoin has established an economy in which it's impossible to forge transactions, it provides no defense against replication of the idea itself. No one can copy an individual bitcoin , but anyone can copy the idea of Bitcoin . So how might a government, or a corporation, or even ordinary people, ...

Bitcoin Price Climbs to 40-Day High Above $9200

Bitcoin's price climbed above $9,200 on Tuesday to hit a 40-day high, according to data from CoinDesk's Bitcoin Price Index (BPI). Following a steady increase over the past week, the price of world's largest cryptocurrency by market capitalization jumped above $9,000 soon after the morning trading ...

Block #519647

Transactions contained within bitcoin block 519647.

Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam

An Icelandic fugitive suspected in a major theft of Bitcoin mining equipment earlier this year was arrested by Amsterdam police, the Associated Press reported April 23. Stefánsson fled the low-security 'open prison' Sogni on April 17 and flew to Sweden. He reportedly used another man's passport when ...

Another Police Official Arrested In Alleged Bitcoin Extortion Plot

Yet another high-ranking police official in the Indian state of Gujurat has been taken into custody in connection with a $1 million bitcoin extortion scheme. According to the Hindustan Times, Amreli police superintendent Jagdish Patel was arrested Sunday on suspicion that he helped a group of police ...

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April ...

Bitcoin Cash has performed as we expected. It is zooming ahead, duplicating its past patterns. It has comfortably crossed our second target objective of $1,300 and is on its way to our third target of $1,600. Traders who follow us are sitting on an 85 percent profit because we had suggested long positions ...

Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially

Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been ...

Size of bitcoin ransomware market 'overhyped' in the media

To analyze the bitcoin ransomware market, the researchers gathered information on bitcoin transaction related to ransomware attacks based on their footprint on the Bitcoin blockchain and have used the GraphSense cryptocurrency analytics platform to investigate bitcoin ransomware attacks' financial ...

Bitcoin Today: Prices Flirt With $9000 After Weekend Boom

Bitcoin prices soared as high as $9,000 on Sunday trading, capping a weekend of gains that saw the cryptocurrency climb to levels not seen since March 22. As prices rallied among most of the top cryptocurrencies over the weekend, the value of the digital asset market reached $400 billion briefly for the ...

The market watcher who called the bitcoin bounce now sees this

The market watcher who called the bitcoin bounce now sees this. 1 Hour Ago. Bill Baruch of Blue Line Futures says the bitcoin bounce still has legs -- and he's been right before. Watch CNBC Live TV ...

Swirling liquids work similarly to bitcoin

Cryptocurrencies like bitcoin work in mysterious ways on purpose. As a virtual currency, it isn't protected or controlled by any central group. Instead, cryptocurrencies exchange and secure information through a mathematical function called a cryptographic hash -- a modern workhorse for cybersecurity.

Iran Bans Banks From Touching Bitcoin

While it's true that there are countries where cryptocurrencies, including Bitcoin , are far from being regulated, there are also those which have already moved to put the virtual currency in certain legislative frameworks. The US, for instance, treats cryptocurrency as property and taxes it as such. India's RBI ...

Business moguls beaten in 'bitcoin bubble' debate

Two of bitcoin's most prominent advocates took to the stage Saturday to debate why the No. 1 digital currency has a bright future and is here to stay. Pitted against two academics, the business tycoons — venture capitalist Tim Draper of Draper Associates and Patrick Byrne, CEO of Overstock.com OSTK, ...

Pfeffer Capital declares bitcoin 1st viable replacement for gold at Sohn

Speaking at the 23rd annual Sohn Investment Conference, John Pfeffer, partner at Pfeffer Capital said bitcoin [s:BTCUSD] is the first viable candidate to replace gold, saying its better "on every front." Pfeffer joins the Winklevoss twins as the latest prominent figure promoting bitcoin as the next global store ...

Is Paul Krugman Right About Bitcoin Being Useless?

In the world of bitcoin antagonists, economist and author Paul Krugman has taken a central role. Krugman wrote a blog post titled " Bitcoin is Evil" in late 2013 and since then has penned several other missives outlining why he believes the digital currency leader is useless and worthy of the dustbin of ...

Miners 'Burning' Off Bitcoin Cash Adds Fire to PR Battle With Bitcoin

Bitcoin Cash is the hottest cryptocurrency around right now for more reasons than you may imagine. The offshoot of the biggest digital token has surged about 25 percent since Friday, in part because Antpool, one of the largest mining groups, is “burning” a portion of the coins it receives in exchange for ...

Circle Doubles Minimum Bitcoin Trade To $500K As CEO Says Volumes Will Rise

The over-the-counter (OTC) trading platform of Goldman Sachs-backed financial services startup Circle doubled its minimum Bitcoin trade amount to $500,000 amid what it calls a “robust market”, Business Insider reports Monday, April 23. In comments to Business Insider, Circle CEO Jeremy Allaire said ...

Bitcoin Reclaims Key Technical Support, Fights For $9000

Over the weekend the price had soared as high as $9,021, its highest level since March 2, but then retreated. Among Bitcoin -related stocks, Riot Blockchain (RIOT) was down 1.5% on the stock market today, Overstock.com (OSTK) rose 1.1%, Marathon Patent Group (MARA) climbed 7% and Bitcoin ...

Bitcoin Rival Accused of Trying to Artificially Boost Its Price

The maneuver is the latest salvo in an escalating battle between backers of Bitcoin and Bitcoin Cash, which was spun off last year. Through a war of words playing out on Twitter and Facebook, some of the largest holders of both cryptocurrencies are attempting to influence the coins' prices after seeing ...

Watch the debate: “Bitcoin is more than a bubble and here to stay”

Bitcoin may be a bubble, but bubbles often accompany new, transformative technologies. (Think of Pets.com or MySpace in the early days of online retail and social networks.) So, is the original and largest cryptocurrency a flash-in-the-pan fad that spawns something more long lasting, like blockchain ...

Bitcoin Censorship Resistance Explained

One of the greatest features of a decentralized blockchain is censorship resistance. With the money in your bank account, a third party has control over where and when you can send it. With Bitcoin , you can send money to whatever address you like without fear of government interference. However ...

Bitcoin Cash Price Rises Nearly 20% Ahead of Coming Hard Fork

Bitcoin Cash has surged over the past week, reaching a high of $1,443 on Monday, according to CoinMarketCap. While the entire market has seen a bounce back following the deadline for filing income taxes in the United States, Bitcoin Cash's recent rally stems from a “hard fork” the token will ...

Former Mt. Gox bitcoin exchange CEO Karpeles lands new job

The former head of the Mt. Gox bitcoin exchange may be on trial for financial fraud in Tokyo, but that isn't keeping him out of work. Mark Karpeles, who was CEO for Mt. Gox, is now the chief technology officer for the world's largest virtual private network (VPN) service, London Trust Media, as reported in ...

Iceland: $2 Mln Bitcoin Mining Theft Suspect Vows To Return Home After Fleeing To Sweden

The Icelandic man who allegedly stole Bitcoin mining hardware worth $2 mln vowed to return home in a statement reported by local news media outlet Fréttablaðið April 20. As reported April 18, Sindri Þór Stefánsson had escaped from from Sogni prison and fled Iceland to Stockholm, Sweden.

Bitcoin's Breach of $9000 Heartens Battered Crypto Bulls

"We've just come through this pretty grim period with Bitcoin taking a pretty massive hit from potential government regulation, Chinese New Year and tax day in the U.S.," Van Hecke said. "We've got a really bullish trend here. As long as the news on Bitcoin stays relatively quiet, we can have a nice move ...

How to fix one of Bitcoin's biggest problems

Agreements in current blockchains like Bitcoin and Ethereum require a resource-intensive process called proof of work, by which computers on the network, called “miners,” prove that they are not malicious actors trying to corrupt the ledger (see “What is a blockchain?”). Miners must spend lots of energy ...

Put your Q in Bitcoin dev Jameson Lopp's Answers session

Ask all this and more to OG Bitcoin developer, Jameson Lopp. Jameson Lopp has worked as an engineer for crypto asset wallets since 2015. He is the creator of Statoshi, a fork of Bitcoin Core that analyzes statistics of Bitcoin nodes, founder of Mensa's Bitcoin Special Interest Group, and founder of the ...

Ethereum More Decentralized Than Bitcoin According to University Study

Decentralization is central to the security of a network and since Bitcoin is a pioneer in this domain, most people assume the currency to possess one of the most secure blockchains in the market today. Not quite so. Emin Gun Sirer, Professor of Computer Sciences at Cornell University, said at the ...

Bitcoin more vulnerable to attack than expected

Calculations by University of Twente researchers show that Bitcoin is more vulnerable to attack than people had always assumed. If some Bitcoin users were to form a group that controls 20 percent of the currency's computing power, they could launch an attack and, within a few days, force all other ...

Iran Said to Bar Banks from Bitcoin Market

Iran's financial businesses should not deal in bitcoin or other cryptocurrencies, according to the country's central bank and one of its principal market regulators. Fearing the possible illicit use of cryptocurrencies in money laundering and terrorist financing, the Central Bank of Iran (CBI) sent out a circular ...

Suspect in big-time Bitcoin mining rig heist wants to go home

Stefansson wrote to Icelandic newspaper Frettabladid and wants to be assured he can go home without being arrested again. In a string of burglaries between December 2017 and January this year, a big loot of Bitcoin mining hardware were stolen from a data centre in Iceland. The grand theft involved ...

Overbought? Bitcoin Cash Looks Extended After 80% Gain

Having rallied more than 80 percent in the last week, bitcoin cash (BCH) looks overbought and due for a pullback. The world's fourth largest cryptocurrency by market capitalization confirmed a bull breakout on April 15 by crossing the long-term descending trendline. The price rise occurred alongside the ...

Bitcoin Price: Bitcoin's Up 10% In 7 Days -- Is The Bull Run Back?

The last week has been a good one for Bitcoin , with the price rising more than 10% according to CoinMarketCap data. Since the beginning of the month Bitcoin is up some 27%. Following last week's strong gains Bitcoin has been hovering under the $9,000 mark but has recently been under pressure ...

Early investor in Tesla, Skype and Hotmail says bitcoin will be bigger than all those combined

Not only does venture capitalist Tim Draper think bitcoin is here to stay, he says it could be bigger than the internet. When asked during a debate how the digital currency compared to his early investments in Tesla, Hotmail and Skype, Draper said bitcoin will be "bigger than all of those combined.".

Bitcoin Price Rebounds After Tax Day

There are a number of theories for Bitcoin's price decline since the cryptocurrency market peaks of December 2017, including the Mt Gox sell-off, increased regulatory scrutiny, and imminent tax deadlines. Less supportive parties declared the boom was over, but some experts including Fundstrat's Tom ...

Goldman Sachs just made its first crypto hire to explore a potential bitcoin trading desk

Goldman Sachs has hired its first employee to focus exclusively on digital currencies as the Wall Street bank explores creating a bitcoin trading desk, a person familiar with the situation tells Business Insider. Justin Schmidt joined the New York-based investment bank as a vice president and head of ...

Coinbase: WikiLeaks calls for boycott of world's biggest bitcoin brokerage

WikiLeaks has called for a “global blockade” of Coinbase, after the world's biggest bitcoin brokerage banned the whistleblowing organisation's online store from using its service. The organisation's official merchandising outlet said Coinbase blamed the suspension on US financial regulations, though it ...

Bitcoin extends post-Tax Day rebound to $9000

Bitcoin rebounded above $9,000 over the weekend as the cryptocurrency extended post-Tax Day gains. The digital currency was at $8,987 as of 8:47 a.m. ET Monday, up more than $950 since last week, according to CoinDesk. Bitcoin has fallen more than 30 percent this year, and pundits blamed much ...

Bitcoin tops $9000 as crypto rally shows no signs of slowing

The total value of all cryptocurrencies topped $400 billion for the first time since March 8, once again driven by the smaller coins, most notably Bitcoin Cash, which is up more than 80% in the last seven days. The price of the No. 1 digital currency, bitcoin BTCUSD, +0.67% hit a six-week high Sunday, ...

Bitcoin Cash has risen 80% over the last week

LONDON — Cryptocurrency bitcoin cash has been rallying strongly over the last week and is up another 17% on Monday. Bitcoin cash, which was spun-off from bitcoin last August, has risen over 80% against the dollar over the last seven days and it up 17% at 11.43 a.m. GMT (6.43 a.m. ET):Markets ...

Bitcoin Cash has risen 80% over the last week

The rally appears to be driven by an upcoming bitcoin cash fork — industry speak for another currency being spun out of the underlying code that runs a cryptocurrency. The fork aims to increase the processing power of bitcoin cash by increasing the size of the blocks of transactions that are processed.

How The Tiny Nation Of Georgia Became A Bitcoin Behemoth

But in recent months, the valley has been going through a new kind of ferment, because of bitcoin . "You see that building there with the power line outside," says Bezhani Buzhaidze, pointing to an abandoned-looking, cinder block storehouse in his hometown of Telavi, the hub of Georgian wine country.

Locked Out of Coinbase: Why Are Wyoming's Bitcoin Users Still Waiting?

"I'd venture to guess I lost $100,000 to this bullshit law," one resident complained on Reddit. It was out of the blue, too, when in June 2015 the U.S.-based exchange suddenly suspended services for Wyoming residents. This was after state regulators clarified that Coinbase, in fact, fell under its Money ...

Bitcoin in Brief Monday: Snatching Blockchain, Tracking Bitcoin

No one likes missing the train. Of course, jumping on the wrong one is sure to delay the arrival even more. In today's Bitcoin in Brief, we cover the latest attempts by big corporations to stay close to the crypto waters without really wetting their feet. Also, do you want to know how Cryptokitties have inspired ...

Bitcoin Private Price Pump Continues as Market Cap Surpasses $1.1bn

Even though some of the cryptocurrency markets are dipping in the red right now, the overall uptrend is still intact. Over the past 24 hours, we have seen the Bitcoin Private price going up even further, despite a very solid uptrend for most of last week. Right now, one BTCP is valued at just over $56.

Ethics Commission To Consider Bitcoin Donations To Wisconsin Politicians

Politicians in Wisconsin could accept bitcoin and other so-called "cryptocurrencies" as campaign contributions under a policy up for consideration by the state Ethics Commission this week. Bitcoin , the most well-known cryptocurrency, is a form of privately issued digital money. One bitcoin is currently ...

Indian Police Arrest Operators of $2.6 Million Bitcoin Ponzi

Indian authorities have arrested two individuals accused of operating a bitcoin ponzi scheme that swindled some 300 bitcoins , approx. $2.6 million in current prices, from 5000 victims. The duo, alleged to be running a multi-level marketing (MLM) scheme that incentivized investors to lure in others into the ...

Bitcoin Cash has risen 80% over the last week

LONDON — Cryptocurrency Bitcoin Cash has been rallying strongly over the last week and is up another 17% on Monday. Bitcoin Cash, which was spun-off from bitcoin last August, has risen over 80% against the dollar over the last seven days and it up 17% at 11.43 a.m. GMT (6.43 a.m. ET):.

Cryptocurrency firm Coinbase suspends Wikileaks' bitcoin account

Wikileaks, which is famous for publishing confidential documents, sells items from t-shirts to posters. It allows people to pay in bitcoin . Wikileaks posted a tweet over the weekend showing a message it had received from Coinbase. The cryptocurrency firm said that Wikileaks was "in violation" of its terms ...

Bitcoin Struggles Above $9K as Bull Breakout Stalls

Having witnessed a major bullish breakout, bitcoin (BTC) is now struggling to find acceptance above the $9,000 mark. The cryptocurrency crossed the long-term descending trendline (drawn from the Dec. 17 high and Jan. 6 high) in a convincing manner and closed well above the resistance at $8,459 on ...

MoneySavingExpert founder to sue Facebook over Bitcoin ad 'scams'

Martin Lewis, founder of MoneySavingExpert.com, is suing Facebook over fake advertisements sporting his name and face that have been popping up on the platform over the past year. The ads promote get-rich-quick schemes with titles like ' Bitcoin Code' and 'Cloud Trader'. Also published on sites ...

Bitcoin price: Cryptocurrency expert reveals THIS reason why bitcoin could soon RALLY

Speaking on CNBC, Mr Morehead said: “ Bitcoin has been growing at 165 percent a year for the six years that we have been in business. And something that is growing that fast hardly ever gets down below its 200-day moving average. “When it does it is a very good time to buy. It did five years ago when ...

Bullish Bitcoin Cash Price Momentum Remains in Place as $1400 is Within Reach

Another day of cryptocurrency trading is upon us. Even though things started to look a bit worrisome last night, there is apparently nothing to worry about whatsoever. The Bitcoin Cash price further confirms things are looking pretty solid when keeping the bigger picture in mind. As of right now, one BCH ...

Central Bank of Iran Enforces Crackdown on Cryptocurrencies

Various countries are contemplating how to regulate Bitcoin and other cryptocurrencies. The Iranian government has decided to take a harsh stance in this regard. As of last week, the local banks are banned from partaking in cryptocurrency transactions. The new rules are enforced by the central bank of ...

Bitcoin rises again! USD10K in sight as cryptocurrency surges 36% in April

Bitcoin , showing a strong performance in April, gained 36% from its April 1 low to reach closer to the mount $10,000. At the start of the month, the most valuable cryptocurrency had touched a low of $6,526 and it has gained $2,336 in since. If the steady rise in its price continues, by the end of the month, ...

Bitcoin price analysis: BTC/USD creeping to $9000 ahead of European opening despite ...

The current San Francisco Fed President and the nominee to the post of New York Federal Reserve governor John Williams believes that Bitcoin is useless as a currency, echoing the position of FED governors and regulators all over the world. Cryptocurrencies will not replace fiat money as they are too ...

A British TV star is suing Facebook for defamation over 'scam' bitcoin adverts

But he said scammers are using his reputation to ensnare people into bitcoin and Cloud Trader "get-rich-quick schemes" through fake adverts on Facebook. The ads are fronts for binary trading firms, which he said are a "financially dangerous, near-certain money-loser." A sample of two Facebook ads ...

Crypto Week in Review: Bitcoin, Ethereum, Ripple and Litecoin Up Double Digits Over Past Week

As the week closes, we reflect on some of the maneuvers in the crypto arena that have seemingly placed most major digital currencies in the green after a somewhat shaky start to the week. The crypto market has jumped from $324 to $397 billion – a $73 billion spike – since Monday, April 16, and some ...

Bitcoin price LIVE: BTC nears $9k as the crypto 'WINTER' finally ends

7.30am MORNING HEADLINES. Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is currently priced at $8,866 after hitting a high of $9,003 late last night. Industry experts are now speculating that with the ...

Block #519483

Transactions contained within bitcoin block 519483.

Bitcoin

Overview. CB Rank (Company). 52,558. bitcoin . بیت کوین - bitcoin . Founded Date. Feb 12, 2010. Operating Status. Active. Number of Employees. 1-10. Also Known As. بیت کوین, bitcoin . Company Type. For Profit. Website. coinextend.com/ ...

Bitcoin Private Price Spikes 20%, More Gains Possible?

There were heavy movements in bitcoin private coin price from the $25.00 low against the US dollar. The BTCP/USD pair started a solid upside move and traded by more than 150% higher to clear the $50.00 resistance level. It even traded above the $70.00 level recently and formed a high at $77.15.

Travel Booking Site CheapAir Is Switching Bitcoin Payment Processors

"We were recently informed by our processing partner, Coinbase, that they will no longer support 'custodial' solutions for merchants, and are removing a number of the tools and features that we rely on to accept bitcoin from CheapAir.com shoppers," CheapAir wrote. "These changes are scheduled to ...

Bitcoin Price Technical Analysis for 04/23/2018 – Bulls Back in Action!

Some predict that bitcoin could surge past the $20,000 highs within the quarter. Risk appetite has also been mostly supported in the markets, which means that traders are willing to place bets outside of traditional assets like stocks and commodities. Sentiment in the cryptocurrency industry itself has also ...

Bitcoin is worth $20… or $800000

Over the weekend I read a great piece by Bloomberg that highlights the difficulty of valuing a new asset class like cryptocurrency. In the article, various economists try to work out what the true, fair value of a bitcoin is. Their estimates vary wildly, from $20 on the low end to $800,000 on the high end.

India's central bank has been taken to court over its cryptocurrency crackdown

“It (the RBI directive) has come with this overarching order that can be challenged on several counts,” Anirudh Rastogi, managing partner at law firm TRA, which represents several bitcoin exchanges in the country, told Quartz earlier in April. “There is a right to trade and it cannot be restricted in absolute ...

Bitcoin network on the brink of second capacity upgrade

On August 1st, 2017, the Bitcoin network experienced an upgrade which saw the maximum capacity throughput multiplied by 8. Bitcoin Core developers' resistance to upgrade their own software, meant that the majority of nodes did not receive the luxuries now enjoyed by the Bitcoin Cash community ...

Asian Cryptocurrency Trading Roundup: Top Altcoin is Bitcoin Private

As we enter another week in crypto land markets are looking bullish and nearly all cryptocurrencies are in the green once again. The rally has remained strong and total market capitalization is approaching $400 billion, the highest it has been for around six weeks. Bitcoin has remained sideways over ...

Bitcoin Cash price analysis: BCH/USD bulls unstoppable, $1500 their next target

BCH is unstoppable. The coin that has been growing steadily six days in a row, gained over 10% since the start of the day and show no signs of waning momentum. Friday's break above $1,000 threshold gave it a boost amid positive sentiments on cryptocurrency markets in general. BCH/USD is among ...

The Illiterate Are Key to Bitcoin Adoption

Bitcoin adoption as a currency finds different motives among users, depending on factors such as geography, politics, economic systems, and even literacy. The ones who need Bitcoin the most may even be unaware of its existence due to illiteracy and lack of internet access.

Coinbase Shuts Down WikiLeaks' Bitcoin Account; Retaliation Follows

Coinbase, the largest US Bitcoin exchange, has effectively shut off the account of WikiLeaks Shop as the latter has supposedly been 'engaged in a prohibited ... Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless @WikiLeaksShop in a ...

Alleged Bitcoin Miner Thief Says Police Held Him 'Without Evidence'

Sindri Thor Stefansson has been accused of spearheading the theft of 600 bitcoin mining computers- hardware worth roughly $2 million - during incidents between December and January. Stefansson sparked headlines last week after he left the prison on Tuesday and traveled by plane to Sweden on a ...

Bitcoin Price Analysis: Riding the BTC/USD Wave Higher

Bitcoin is establishing its uptrend in an ascending channel after breaking past the previously highlighted reversal pattern's neckline. This confirms that a longer-term climb may be underway after a quick pullback. Price is currently hitting resistance at the top of its ascending channel, so profit-taking ...

Bitcoin Price Analysis - SegWit picking up steam

Bitcoin (BTC) has risen 30% since April 12th, with most of those gains occurring in two days. The market cap now stands at US$151.23 billion, with US$2.44 billion traded in the past 24 hours. The networks hash rate and difficulty continue to increase month over month. This trend should continue ...

Does Recent Bitcoin Strength Portend a Bull Market Revival or Bull Trap Reversal?

With the resurgence in Bitcoin (CURRENCY:BTC) from devastating peak-to-trough lows which saw BTC fall over ↓67% from December 18 – April 9, investors are wondering whether it's safe to dive back in. This ongoing two week rally—which has seen prices bounce back by ↑37%—has once again ...

Do Crypto Trading Bots Really Work?

The price of bitcoin usually differs from exchange to exchange; Bitstamp, for example, typically displays a slightly lower price than Bittrex. The movements of bitcoin and other cryptocurrencies is always mirrored across exchanges, however, so if BTC breaks out due to a massive buy order on Binance, ...

Bitcoin Payments Are on the Rise in the Baltics

Cryptocurrencies are becoming more widely accepted in Lithuania, Latvia and Estonia, where buying a cup of coffee with bitcoin is nothing special these days. Cafes, bars, restaurants, hotels, souvenir shops, and even an orthopedic clinic, are now accepting cryptos, according to local media. It seems ...

Crypto update: Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) storm higher again

The crypto market has had a strong weekend and managed to build on last week's stellar gains. With solid gains being seen across the board, the entire value of the crypto market has risen to US$395 billion according to Coin Market Cap. Here is the state of play on Monday morning: The bitcoin (BTC) ...

Wikileaks Claims Coinbase Has Shut Down Its Online Store's Bitcoin Account

Wikileaks' official online merchandise store claims that its account with Coinbase has been suspended by the cryptocurrency exchange. Wikileaks, a leaked documents depository that was central to a long string of international scandals even before the 2016 presidential election, is now calling for a ...

Converting Bitcoin to Bitcoin Cash is Increasingly Popular on ShapeShift

There will always be a tight correlation between Bitcoin and Bitcoin Cash. Not everyone is in favor of those two currencies doing their own thing. Community members tend to sling mud on a regular basis, yet both coins are successful in their own way. It now seems the BTC to BCH conversion is the most ...

Russia's Supreme Court Decision Paves the Way for Safer Bitcoin and Crypto Journalism

Everyone knows that Russia has a love-hate relationship with cryptos and blockchain. While the country promotes the use of blockchain to enhance its economic model, the situation is entirely different when it comes to Bitcoin and the rest of the altcoins. The discouragement of their use has even gone ...

South Korea: Two sentenced for $20M bitcoin scam

Two men from South Korea were sentenced for running a bitcoin pyramid scheme that stole around 20 billion Korean won ($20 million) from investors. According to CoinDesk, a judge from Seoul's Incheon District Court fined the two men $15 million and $8 million respectively. The scheme began in ...

As Value Rises, Bitpay Adds Bitcoin Cash Support

The support that Bitcoin Cash seems to be getting recently looks like an unending tale as the altcoin receives support from Bitpay. The latest support ushered by the Georgia based digital asset service provider will now permit dealers to receive BCH for payment through its Pos app. With the recent ...

Bitcoin Versus Government Money: One is Clearly Superior

Half of nearly all transactions involve money, a medium of exchange (MOE). For almost everyone, one of those halves has always been derived, considered, instituted by governments. Also known as fiat, government money, notes, they appear to us as inevitable, right as rain, plainly self evident.

Bitcoin Cash [BCH] hits $1250 – the biggest gainer in the past 24 hours

Many market speculators believe that the reason behind the sudden rise of Bitcoin Cash [BCH] is because of the hard fork which is due on May 15th. The announcement of Bitcoin Cash [BCH] hark fork was made in November 2017 by the ABC developers with plans of reactivating some of the Bitcoin ...

What's Next for Cryptocurrency? Distribution of Power

On this third and final piece about different cryptocurrency purposes and the role education plays in regulation, I aim to discuss why the concentration of power among cryptocurrency holders will dictate how bitcoin gets adopted. My expectation is that whatever I write makes you think on how could power ...

Bitcoin Price: Are Bitcoin Bulls Back in the Saddle?

Well, it's certainly been an entertaining month for cryptocurrencies and Bitcoin prices have finally started to reclaim ground that was lost in Q1. BTC prices are up 27% for the month, altcoins skyrocketed with many racking up double-digit gains and the cryptocurrency market cap is pushing $396 billion ...

'Coindaddy' Another Crypto-Rapper Rhymes About Bitcoin Life

Just last month news. Bitcoin .com chatted with the hip-hop artist 'Lil' Windex' the Canadian rapper who made headlines last month for his rhymes about bitcoin cash. Now there is another rapper, from San Francisco, called 'Coindaddy,' an artist who has been coined a “Weird Al Yankovic” of ...

Max Keiser and Stacy Herbert Espouse the Global Urgency of Bitcoin

Keiser then moved on to the current state of Bitcoin : “Regulators are trying to dig into market making on exchanges,” he said. These efforts are misguided, in Keiser's opinion, given what he sees as a looming crisis about to strike the global financial system, an event Keiser feels only Bitcoiners will survive ...

Cryptocurrency Market Approaching $400 Billion as Bitcoin Tests $9000

Bitcoin cash also extended its bullish rally, climbing nearly 7% to $1,226. Since bottoming at $249 billion on Apr. 6, the cryptocurrency market has added nearly $150 billion in value. Since the market crash of early February, coins have crossed the $500 billion mark on only one occasion, and that was ...

Delhi High Court issues a notice to RBI for the baseless Bitcoin [BTC] and crypto ban – Indian ...

The ban imposed by the Reserve Bank of India which mainly prohibits all the banks associated with it to stop dealing with individuals and businesses dealing with Virtual Currencies such as Bitcoin , ETH and more, Kali Digital could not go ahead with their plan. Recently, the Reserve Bank of India [RBI] ...

Beware dodging SARS on your Bitcoin and Ethereum mining profits

While the use and trade of cryptocurrency remains largely unregulated, South African crypto miners cannot avoid paying tax on their earnings. SARS recently detailed its stance on cryptocurrency owners, stating that the digital cash is subject to normal income tax rules. Taxpayers who own ...

$9K: Bitcoin Price Sees First Consecutive Weeks in the Green of the Year

Capping what many believe is a U-turn of its fortunes since December 2017, Bitcoin has increased in value by 35% in the past fortnight. From lows of $6487 April 1, before the first major rally kicked in later that day, BTC/USD saw several sudden upticks as this month progressed, culminating in last ...

Bitcoin: Debating the price trends, and a new channel on crypto launches in Bulgaria

As always, the most sensible strategy for investors would be to buy Bitcoin on regular intervals, known as dollar cost averaging. So if price goes lower you will have averaged your entry price. But taking a one-year timescale, it is likely the bear market will be over and we'll be looking back to these ...

'The market is robust:' Goldman Sachs-backed Circle doubles minimum bitcoin trade size to $500000

Circle Trade, the trading operation of Circle, has increased its minimum ticket size on bitcoin trades to $500,000. The move comes during a trading lull in the market for digital currencies across crypto exchange venues. Chief executive Jeremy Allaire told Business Insider the size of block trades has ...

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Bitcoin (BTC) has galvanized on recent gains, testing the $9,000 handle multiple times over the past 36 hours. The window of opportunity for bulls is short, but it looks likely we will see a major buy signal given by April 24 for BTC-USD. The daily chart below shows that BTC-USD's trend change was ...

LedgerX Bitcoin Derivatives Are a Hot Commodity Right Now

The global demand from investors and speculators for Bitcoin has been rising steadily. After 2017's crazy bull run, no one wants to miss out on the next leg up. Despite all of the hardship during Q1 of 2018, it seems things are looking up again. LedgerX has confirmed that its Bitcoin derivatives trading ...

Best Cryptocurrencies To Keep An Eye On – What's The Next Bitcoin?

From what we have seen in the past, cryptocurrencies such as Bitcoin have had the luck of experience a boom in their value and their use. However, this year we have seen that Bitcoin is slowly losing ground so the question on everyone's mind is now what currency could have the same boom that ...

Multi-Party Payment Protocol (MPP): VeChainThor (VEN) To Go Where Bitcoin (BTC), Ethereum ...

Should it go to plan, Sunny Lu (CEO & Co-Founder, VeChain) believes that the VeChain Multi-Party Payment Protocol will be able to distinguish his crypto project from industry pioneers Bitcoin (BTC) and Ethereum (ETH); both of which remain without such a protocol. Otherwise known as the MPP, ...

Bitcoin Brushes $9000 As Crypto Markets Continue Making Steady Gains

Of the top ten coins on CoinMarketCap – which are all in the green today – Bitcoin Cash (BCH) and IOTA are up the most, up 9 and 10 percent on the day, respectively. BCH is trading for around $1,240, and IOTA around $2.08 at press time. The total market capitalization of all cryptocurrencies is nearing ...

Bitpay Adds Bitcoin Cash Support to Checkout Point-of-Sale App

Bitcoin cash is continuing to gather more support among users and service providers, with the latest example coming from Bitpay. The service now allows merchants to accept BCH payments via its Pos app, and settlement is expected soon too so that retailers can keep their proceeds in the ...

Genesis London Conference: Study Shows Ethereum is More Decentralized Than Bitcoin

Ethereum is structurally and fundamentally different to bitcoin because its network is optimized to handle decentralized applications (dapps). The Ethereum network should be able to process thousands of transactions per second in the long-term to support dapps in the size of Facebook or Twitter, ...

6 Charts On The Outlook For Bitcoin

Investor uptake of (i.e. allocations to) Bitcoin /Crypto-currencies is still substantially lower than that for gold. Sentiment, futures positioning, and short interest seem consistent with at least a short-term bottom in the Bitcoin price. Seasonality analysis seems to indicator a seasonal surge occurs around June, ...

The Case For Bitcoin Cash (BCH) Is Still Strong

Bitcoin Cash (BCH) was forked from the Bitcoin blockchain on August 1st, 2017 and has since shown some promise in the markets. This was after the network congestion on the Bitcoin network had reached frustrating levels with some taking upto 4 days to complete. The added fees needed to complete ...

Trade Recommendation: Cardano/Bitcoin

The Cardano/ Bitcoin (ADA/BTC) pair started its bull run on December 29, 2017 when it took out resistance of 0.00003. Even without a solid base below 0.00003, the pair managed to gather sufficient momentum to sustain its ascent to 0.00008788 on January 4, 2018. In less than a week, the pair grew by ...

Russia's Supreme Court Calls For Review Of Bitcoin Website Ban

The court held that information about bitcoin , as “a mean of virtual payment and accumulation,” violated Russian law. The website, bitcoininfo.ru, is currently offline. According to easycounter.com, which tracks website traffic, bitcoininfor.ru got 85.7% of its traffic from Russian Federation, where it is ranked ...

Robinhood App Expands Cryptocurrency Trading to Another US State

Two months after starting to roll out crypto trading, Robinhood has finally expanded the service to another American state. For now, it's still supporting just bitcoin and ethereum, however the app is expected to add at least another fourteen cryptocurrencies eventually. Also Read: Crypto Funds Drop ...

Bitcoin is making a storming comeback

What goes up must come down. After rising 1,800% in a year to hit a mind-boggling $20,000, crypto-currency star bitcoin duly crashed, and digital currency mania collapsed overnight. However, now it is showing signs of life. Is this the buying opportunity you missed last year?

John Williams Claims Bitcoin Can Never Become a Proper Currency

It has become apparent that the state of New York does not take kindly to cryptocurrencies. In fact, it is one of the most hostile places in the world to set up a Bitcoin enterprise right now, which is not a positive development. This sentiment is reflected in potential New York Fed President John Williams' ...

Antpool Doubles Down on Bitcoin Cash Support by Burning Mining Pool Earnings

A lot of people were confused and concerned when they learned Antpool was sending smaller amounts of Bitcoin Cash to an unspendable address. After all, there is no real reason for the company to do so, even though they have a clear plan in mind. More specifically, the team is doubling down on their ...

Bitcoin's (BTC) Under-performance, Fueling The Altcoin Rally (ETH, LTC, XRP, EOS)

The good thing about the crypto-verse is that you can find the best explanations for market phenomenon every time you decide to the browse the web. In this case, I stumbled upon a very interesting explanation as to why Bitcoin (BTC) is under-performing, whereas the rest of the Alt-coins keep shooting ...

Bitcoin is Evolving Just Like Amazon

Bitcoin made news in 2017 largely because of its extraordinary rise in value from just over $1,000 to about 20 times that value by the end of the year. Its sudden drop in early 2018 and cautious recover led many investors – both seasoned and amateur – to question whether Bitcoin has any long-term ...

Coinsecure Prepares Customers' Claims Process For Stolen Bitcoin

Indian cryptocurrency exchange Coinsecure has advised users on its website that it has been working with authorities since last week's theft of 438 bitcoins and has asked for patience as it prepares the claims process. The company's legal team is reviewing contracts and preparing the claims form for ...

Lightning “Critic” Peter Todd Confirms Bitcoin's Scaling Solution is Maturing

There is a good reason why so many people test the Lightning Network in a controlled environment. Peter Todd has a checkered past when it comes to Bitcoin's premier scaling solution. After months of issues and doubts, it now seems he has finally made some progress. This is partially thanks to the ...

Bitcoin Holding on to the Bitcoin Cash Coat Tails

Bitcoin gained 0.58% on Saturday, following Friday's 7.15% rise, to end the day at $8,915. The moves through the day were relatively range bound by Bitcoin standards, Bitcoin's day low $8,616 holding well above the day's first major resistance level of $8410.37 and 23.6% FIB Retracement Level of ...

Known Bitcoin Investor Yi-Ting Cheng Enters Taipei Mayoral Race

In an interview with Humans of Bitcoin , where she was titled ' Bitcoin 's Renaissance Woman,' she said that most local politicians in Taiwan had very little knowledge about emerging technologies. She argued that this was crippling the growth of both, the ecosystem as well as other blockchain-based ...

PR: Bitcoin of America Opening New BTMs in 5 Major US Cities

Chicago, IL: Bitcoin of America is happy to announce that they will be expanding their services in five major U.S. cities during the next four months. The company, which is headquartered in Chicago, IL, will be opening new Bitcoin Teller Machines — also known as BTMs, Bitcoin Kiosks, and Bitcoin ATMs ...

Five Reasons Why Bitcoin Cash is About to Win Big

Cryptocurrency markets have started to rebound in value as the spring begins in 2018, but one particular cryptocurrency — bitcoin cash — has been on a relentless upswing as the network approaches another hard fork this May. This year traders and bitcoin cash (BCH) proponents believe the ...

South Korea's Bitcoin Price Premium Returns as Crypto Market Climbs to $385 Billion

Over the past seven days, the cryptocurrency market has increased in value from $324 billion to $385 billion, as the bitcoin price increased from $8,000 to $8,800 and other major cryptocurrencies also recorded gains in the 10 to 20 percent range.

NCIS: LA Sneak Peek: Deeks Learns of Cryptocurrency's Highs... and Lows

In the episode “Outside the Lines” (airing Sunday at 9/8c), Sam — resuming a potentially compromised former alias — and Hidoko go undercover after a cryptocurrency farm is robbed of over $10 million in Bitcoin codes. In the exclusive sneak peek above, Deeks and Callen (played by Eric Christian ...

Russian Supreme Court Forces Local Court to Review Bitcoin Website Blockade

Bitcoin and Russia have been at odds for quite some time now. The Eurasian nation has made its dislike for Bitcoin rather apparent. This culminated in a lot of Bitcoin -related websites being blocked by ISPs. The Supreme Court of Russia now forces the St. Petersburg City Court to review the appeal ...

Bitcoin Price Weekly Analysis – BTC/USD Primed for Gains

This past week, there was a solid support base formed near $7,800 in bitcoin price against the US Dollar. The price started an upside move and broke the $8,500 resistance. It was a major move that pushed the price in a bullish wave towards the $9,000 level. It traded as high as $9,080 before sellers ...

Beyond Bitcoin: The next cryptocurrencies to watch

Ether is the cryptocurrency with the second highest total value after Bitcoin : US$99bil (RM385.66bil). The currency is particularly well suited for so-called "smart contracts", whereby payments can be made automatically. For example, someone with travel insurance covered against flight cancellation ...

How Bitcoin Cash Outperformed Bitcoin And What's Next

Bitcoin Cash is the most prosperous and widely used permanent Bitcoin fork. No other forks of Bitcoin have been as successful as Bitcoin Cash (BCH). Bitcoin Cash boasts itself as a peer-to-peer electronic cash which can be used all over the internet. Its main purpose is to be used as peer-to-peer cash ...

Bitcoin Continues Rebounding After April 17 Tax Day

Tom Lee, Fundstrat Global Advisors' Head of Research, postulated that Bitcoin would be under pressure due to tax loss selling. He calculated that for every $1 in U.S. dollar selling it could impact the market value (think market cap, not price of Bitcoin ) by $20 to $25. Bitcoin's market cap was about $135 ...

Bitcoin Price Watch: Currency Rises to $8800

“Headline risks seem to be fading quickly.” Lee went on to discuss CoinsharesCrypto ETF, a trading platform situated in Europe. The organization serves as a leading indicator for bitcoin prices. Interestingly, Lee compared the system to Punxatawney Phil – the groundhog that “offers” winter and spring ...

Bitcoin Cash Price Weekly Analysis – BCH/USD Could Break $1200

There was a monster rally from the $800 support in bitcoin cash price against the US Dollar. The price jumped and broke many resistances such as $900 and $1,000. It even broke the $1,100 level and traded close to the $1,200 level. A high was formed at $1,193 before the price started a downside ...

How Developers Are Turning Old Electronics into Bitcoin Mining Rigs

Whether you're a talented developer who is new to bitcoin mining or an experienced miner looking to try something new, bitcoin mining on old computers can be a cool way to earn cryptocurrency. Ken Shirriff is one miner who has created some of the coolest. While it's basically impossible to use old ...

Wikileaks Calls for Global Blockade of Coinbase After Its Shop Was Blocked

Antonopoulos is referring to the 2010 global payments blockade of Wikileaks which led the renegade news service to become one of the earliest and most public champions of Bitcoin . Six days before Satoshi Nakamoto mysteriously left the community, a debate broke out on the Bitcointalk forum between ...

Bitcoin price briefly breaks through $9000

When bitcoin prices seem a bit high investors rotate money in other coins. This time even though bitcoin is far off its price last December, less than half the price, bitcoin is no longer leading the pack. The switch to other coins when bitcoin is just recovering from a sell off may indicate confidence is growing ...

Litecoin [LTC] transaction fees 20 times higher than Bitcoin Cash [BCH]?

According to a recent PSA made by Bitcoin .com's Twitter handle, Litecoin's transaction fee is highlighted. The average transaction fees for Litecoin are 0.04% as depicted on Bitinfocharts. This has created a social media ruckus wherein supporters from both projects are fighting each other on the basis of ...

Zilliqa (ZIL) – Is this the real Bitcoin (BTC) and Ethereum (ETH) killer?

One of the biggest problems facing many blockchain platforms is that of scalability. As a matter of fact, it is one of the main hindrances to the mass adoption of some major projects such as Bitcoin and Ethereum. One project that seems to have achieved this with an incredible degree of success is Zilliqa ...

Technical Analysis: Bitcoin Tests $9000 as Altcoins Pull Back after Strong Rally

The cryptocurrency segment is in a short-term correction after a great week that saw several key resistance levels fall, as the major coins kept up the bullish momentum and hit new rally highs after a shallow correction. Ethereum and the smaller altcoins continued to outperform Bitcoin on the way higher ...

Secret Messages and Drawings Spotted in Bitcoin Network

Blocks of the bitcoin distributed ledger technology have been found to store some private message exchanges, family photos and even art exhibits. Last week a designer agency from the US state of Florida called Branger_Briz released an art project Messages from the Mines, which made some of the ...

Robinhood expands to Colorado with Bitcoin [BTC] and Ethereum [ETH]

The platform revealed non-commission-based trading for Bitcoin and Ethereum in the western state Colorado, which is known for its blockchain friendly legislation. Earlier in April, Robinhood had also added the same in California, Massachusetts, Missouri, and Montana. Users are now excited and ...

Largest Bitcoin Brokerage Coinbase Blocks WikiLeaks Purchases

At that time, the project switched to Bitcoin , as it made a lot more sense to all parties involved. With that option no longer on the table, WikiLeaks could turn its back on cryptocurrency completely. For now, that is not the case, but it shows centralized companies in this industry can still cause a fair bit of ...

Texas Oil Producers Could Channel Excess Gas into Bitcoin Mining Operations

Back in February, BTCManager reported that Iron Bridge Resources, a Canada-based oil, and gas firm, was looking to create a subsidiary that could use a fraction of its natural gas to produce electricity for Bitcoin mining operations to turnaround its dwindling fortune caused by the low price of natural gas ...

Forget Bitcoin - Trust Currency Is The New Currency That Will Make You Wealthy

I have conducted research with more than 3,000 people who were confronted with a simple choice: You must buy plastic bottles of water for your staff. For the last 5 years you have purchased bottles of water from Angie, whom you really like. You have a great relationship with her – you laugh at the same ...

3 Cryptocurrencies Likely to Beat Bitcoin for the Week of April 23

This drop in the price of Bitcoin is less than the correction felt by the majority of cryptocurrencies. This huge drop in value has left many 2017 quarter four investors feeling as if they 'missed the train.' However, with market sentiment having just shifted and BTC having climbed over 25% the prior week the ...

Play Music on Jukebox.cash – a Bitcoin Cash Infused Global Playlist

Just recently a developer launched a new bitcoin -centric web application called Jukebox.cash, an online Jukebox that features a global playlist shared in real time. Users from all around the world can choose music video selections from Youtube for a fraction of bitcoin cash (BCH), and the video will be ...

Wendy McElroy: Here, There Is No State

The argument comes from a tension between the original vision of Bitcoin and the hundreds of cryptocurrencies, the hundreds of communities that have arisen. On one hand, currencies like Bitcoin have no coordinated authority, no central management, and there is no one point at which they can fail.

Populous [PPT] and Bitcoin Private [BTCP] witness a 90% and 60% hike in the past week – Bulls ...

While the cryptocurrency market is in a rush to get back to green and all coins are actively being a part of the bullish market, there are two tokens which can be considered as the biggest gainers of the week in the top 30 list. Populous [PPT] and Bitcoin Price [BTCP] are trading at considerably higher ...

Bitcoin Cash Analysis: (BCH/BTC) Renewed Support Carries BCH Over $1000, Signals Looking ...

Bitcoin Cash has outperformed the market against BTC today, becoming the best gainer among the top 20 cryptocurrencies with a 9.75% rise. Looking at the 2hr chart above we can see that BCH exploded off the bottom, after consolidating around the 9,000 Sats support. During the opening bull run we ...

WikiLeaks Shop Reports Suspension Of Coinbase Account Due To Terms Of Service Violation

Coinbase has not responded to a requests for comments on the specifics of WikiLeaks Shop's violation by press time. All proceeds of the shop go to WikiLeaks operations, and customers can pay in Bitcoin , Litecoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, Neo, Namecoin, Vertcoin, Monero and ZCash ...

Why Bitcoin Private (BTCP) Has Been Grabbing Big Attention Recently

For most assets in the crypto space, Q1 of 2018 just seemed to get worse. However, Q2 has shone light on the cryptospace, with Bitcoin (BTC) is leading an epic comeback, nearing $10k with every hour that goes by. Bitcoin is not digital asset seeing the green. For altcoins, the bullish market seems to be ...

Bitcoin Nears $9000 As Crypto Buy Orders Compose 92% of Market: Bull Run Imminent

Buy order presence isn't the only indicator that hints toward a massive run up in the near future, however — with Bitcoin exhibiting a meteoric $1,000 jump over the last three days, investors are moving in quickly to capitalize on what is anticipated to be a return to the $10,000 BTC psychological barrier.

Bitcoin Isn't Currency, Can't Replace Dollar, Says Incoming New York Fed Chief

Bitcoin and other cryptocurrencies cannot replace the U.S. dollar because they fail the basic test of what a currency should be. That's what John Williams, the incoming head of the Federal Reserve Bank of New York, insists. “Cryptocurrency doesn't pass the basic test of what a currency should be,” ...

[VIDEO] Bitcoin [BTC] ATM at convenience store robbed using bear spray

A convenience store in Irving, a city in Dallas, Texas was robbed by two individuals, who used bear spray to rob a Bitcoin ATM as seen in the footage. The high amount of capsaicin in the bear spray disabled the clerk, making it easier for them to rob. The clerk was later taken to the hospital for treatment.

Bitcoin (BTC) close to $9000 – But what's the future?

In December the value of Bitcoin (BTC) shot up to over $19,000, leading to a surge in volumes as demand increased. But this also exposed one major problem that Bitcoin has, and that's the problem of scalability. Bitcoin couldn't handle the increased volumes, and transactions costs increased as speeds ...

Love Turns Ugly as Woman Arrested for Bitcoin Murder-For-Hire Plot

Sadly, this is not the first time a person used Bitcoin to hire a killer to murder someone. Ross Ulbricht, the operator of the infamous Silk Road, got life in prison for attempting to arrange five different murders. Last December, an Italian woman was sentenced to six years in a Danish prison for using Bitcoin ...

Bought bitcoin in 2017? Here's how cryptocurrency is taxed in Canada

So, you read all the headlines in 2017 about the millions of dollars to be made in cryptocurrencies like bitcoin and ethereum, and you took the investment plunge. Maybe you made big money, maybe just a few thousand dollars. But even though the word crypto comes from the Greek word for hidden, ...

Bitcoin Cash Price May Rise to $1250 if the Uptrend Remains in Place

It seems the overall cryptocurrency price uptrend is not slowing down by any means. That in itself is a big surprise, although it is a welcome sight overall. Some currencies remain extremely bullish during this time, whereas others content with small to medium gains. For The Bitcoin Cash price, the ...

Bitcoin nipping at gold demand

The latest potential competitor for gold may be bitcoin , the cryptocurrency created in 2009 as open-source software for a decentralized form of payment. Last year, when bitcoin prices rose from their 2017 starting value of just under $1,000 to over $19,000 by mid-December, market chatter was that bitcoin ...

Seeing Red in Dyes, Bitcoin and Demographics

The Quest for the Next Billion-Dollar Color (Bloomberg Businessweek); The Dumb Money: The definitive explanation of why Bitcoin is stupid. (Jacobin); A Sixth Sense For Biotech Has Made Joe Edelman A Hedge Fund Star (Forbes); Hugh Hendry's Life After Hedge Funds (Institutional Investor); The ...

Bitcoin Magazine's Week in Review: Acquisitions and Inquisitions

Advertising however is the least of the problems faced by Telegram as Russian security forces try to crack down on the popular messaging app, even going so far as to block huge swathes of IP addresses. Featured stories by Amy Castor and Nick Marinoff. Stay on top of the best stories in the bitcoin , ...

Bitcoin fires at $9K, falls back

A strong overnight move brought bitcoin (BTC-USD) above $9K for the first time in several weeks, but that's been met with a bout of selling over the past few hours, bringing the price back down to $8,656. Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, ...

Symposium highlights Blacksburg's place in the tech behind Bitcoin

The event was designed to look past the programming lingo at the heart of the technology that powers booming cryptocurrencies such as Bitcoin . Instead, it invited thought leaders from across campus and beyond to share their ideas and debate what blockchain could mean for society. The technology ...

Russia's Supreme Court Overturns Decision to Block Bitcoin Website

The Supreme Court of the Russian Federation has struck down the ban imposed on the Bitcoininfo.ru portal. The outlet is one several dozens of crypto-related websites that have been taken offline by the Russian authorities in the past few years. The decision sets a precedent which and is likely to ...

Bitcoin price analysis: Passes another test; bulls say, next one please

Bitcoin , the king of cryptocurrencies, after breaking out earlier this month has momentum on its side and seems the "death" calls have started dwindling down as it crosses one hurdle after another and nears one round figure mark after another - $9,000 now. BTC/USD is now up nearly a percent at $8,950 ...

The end of a cycle like no other – Saxo Bank analysts' positive notes about Bitcoin

The famous pro- Bitcoin institution said a number of factors like a mixture of global and political uncertainty, credit access limitations, and volatile commodities could altogether see fresh money pouring into the markets. They are well-known for their Bitcoin price predictions joining a growing number of ...

Testing $10K? Bitcoin Price Hits 4-Week High As Altcoins Shine

Bitcoin hit four-week highs in Asian hours but continues to underperform when compared to alternative cryptocurrencies (altcoins). Having scaled a long-term bearish trendline, the world's largest cryptocurrency by market capitalization rose to $9,021 at 07:30 UTC - the highest level since March 22, ...

Bitcoin, Banks And A Whole Lot Of FUD

“I [used to think] Bitcoin's great, Ethereum's great, those people in financial services probably don't know what they're doing. I'm much more humble now. They know what they are doing.” So said Shaul Kfir, Chief Technology Officer at Digital Asset. It was a refreshing admission that the cryptocurrency ...

EOS strides towards recovering its record against Bitcoin

EOS project is wonderfully making its way through the cryptocurrency market. The initiative, whose primary objective is to introduce a new architecture for blockchain, is gaining a humongous ground in the market reaching some of the most outstanding results — including against strong cryptos such as ...

Bitcoin is back on track – Price catalysts to watch out for by Brian Kelly

Before the heist, Mt Gox was responsible for 70% Bitcoin [BTC] transactions in the world. During the AMA, Mark claimed that each shareholder will be walking away with approx. $1 billion due to the Japanese Bankruptcy Law. He said that he had no interest in the money and wanted to give back people ...

Bitcoin Private Price Pump Will run out of Steam Pretty Quickly

Most altcoins tend to ride Bitcoins coattails a bit when the world's leading cryptocurrency rises in value. This concept also applies to most currencies which “forked” off Bitcoin in the past few months. The Bitcoin Private price, for example, is trying to surge but still fails to gain any real traction. Despite the ...

It's Saturday and Bitcoin [BTC] smashes through $9000!

After a positive bullish run the in the past 48 hours, Bitcoin [BTC] has finally smashed all the hurdles and reached $9000. Bitcoin at press time was trading at $9030 with a market cap of $152 billion experiencing a 8% growth in the past 24 hours and a 1.5% growth just in the past hour. Analysts say the ...

Bitcoin: $25000 By Year End?

The key to bitcoin becoming a global alternative currency rests in part on the Lightning Network being capable of processing transactions far faster than the 7-8 per second rate that is the current pace. But the real measure of bitcoin is the number of places where owners can put their BTC to work.

Thieves Use Bear Spray in Irving Bitcoin Heist

Surveillance video captured the March 22 hold up at the Chevron in the 7200 block of North MacArthur Boulevard. Two men can be seen busting through the door, with one spraying the clerk with bear deterrent. One of the men ran to the rear of the store and began breaking into a Bitcoin machine as the ...

Bitcoin Price is Up 13.6% Since Tax Season Came to an End

Bitcoin is performing well in the market today as it tests the $9,000. The newfound bullish momentum is not a surprise for Fundstrat Global Advisors analyst Tom Lee, who said that tax filings were bringing the cryptocurrency market down and 'Tax Day' would eventually trigger an upside move for the ...

Despite Bitcoin being the giant, Ripple would guarantee a higher return

The past few weeks (or months) have not been the best for the cryptocurrency investors as the prices were all on the downfall. However, in the past few days, things have seemed to get up again. Bitcoin is the giant coin and most investors for some time now have only been buying this digital coin.

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April ...

According to Morgan Stanley, the miners of Bitcoin will remain unprofitable if prices remain below $8,600. The big problem is that no one knows how to evaluate the leading cryptocurrency. The targets range from $100 to $100,000 and higher, but when prices don't fall even during bad news, it is usually ...

Morgan Stanley: Bitcoin [BTC] miners to lose money if BTC prices are below $8600

Bitcoin mining enables adding transaction records to Bitcoin's public ledger of past transactions. It's a decentralized computational process that serves two purposes, firstly it confirms transactions in a trustful manner when enough computational power is devoted to the block, secondly creates new ...

Bitcoin (BTC): The Real Purpose of Cryptocurrency

For many people the purpose of cryptocurrencies, like Bitcoin (BTC), has always been a mystery. There is no such thing as a Bitcoin “coin”. It is shown as a coin because that's a useful analogy. But it's an encryption key, one of roughly 21 million answers to an intricate computer puzzle, that can only exist ...

“Big Bitcoin Heist” Fugitive Flees Iceland, Pens Letter Saying He Wants to Go Home

The man who escaped custody in Iceland and got on a passenger plane that was carrying the country's prime minister says he 'will be back soon.' Sindri Thor Stefansson was being detained for his suspected role as the mastermind behind the February theft of 600 cryptocurrency mining rigs, being one ...

Bitcoin Price Moves Towards $9000 With Strong Momentum, Bull Market

The bitcoin price has surpassed $8,800 after rising more than 6 percent over the past 24 hours. Volumes across major cryptocurrency exchanges remain strong and the daily trading volume of the market has increased past $26 billion for the first time over the past month.

Bitcoin Cash price SKYROCKETS over 50% in a week as crypto expert issues VITAL warning

He stated: "Before we see mass adoption of cryptocurrencies, we need to see a significant reduction in the time it takes to process transactions.” Mr Coelho's warning suggests that Bitcoin Cash needs to ensure that it adapts to market trends and needs in order to flourish as a cryptocurrency in the future.

Anticipation of Bitcoin Cash Hard Fork Lifts Price Back Near $1000

Bitcoin Cash is already seeing a price bump as the next hard fork approaches in less than a month. Faster transactions and new operation codes coming.

Cryptocurrencies Like Bitcoin Can't Replace the Dollar, Says New York Fed Chief Nominee

Twitter CEO Jack Dorsey predicted that Bitcoin will eclipse all the world's currencies in around 10 years . But the man nominated to be head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President John Williams laid out a case for why cryptocurrencies, ...

Russian Supreme Court Orders To Review Bitcoin Website Ban

The court found that information on the website about digital currency Bitcoin , which represents a “virtual payment instrument and a store of value”, to violate the Federal Act “On the Central Bank of the Russian Federation (the Bank of Russia)”. In July 2017, the Oktyabrsky District Court of St. Petersburg ...

Free Crypto Trading App Robinhood Launches in Colorado with Bitcoin, Ethereum

The competitive landscape for cryptocurrencies is heating up in the United States. Zero-commission startup exchange Robinhood just announced on Twitter its expansion into Colorado. The trading platform unveiled commision-free trading for leading cryptocurrencies bitcoin and Ethereum in the ...

Crypto Price Watch: Price Surges for Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin

Bitcoin has spiked by $300 in less than 24 hours. At press time, the currency is trading for roughly $8,500, and the downward spiral users were witnessing last week appears to be in an ending phase. With all major cryptocurrencies now in the green, the total market cap for the industry has grown to $378 ...

Bitcoin price news: How much is bitcoin worth today? Will BTC keep improving?

Bitcoin prices have shot up more than $500 in a 24-hour flurry of trades that have pushed the entire market up. Bitcoin increased by 3.3 percent in the space of an hour tonight, placing trades at $8,522.22 as of 9pm today. All cryptocurrencies have risen with the tide, with Ethereum going up by 7.74 ...

Bitcoin (BTC), Ethereum (ETH) and EOS price Technical Analysis: Cryptocurrencies are on Fire

Bitcoin (BTC), Ethereum (ETH) and EOS: Cryptocurrencies are on Fire. Bitcoin Price Analysis. Bitcoin price is correcting higher as the week's trading comes to an end on Friday. BTC/USD is recording over 2% rise in price after exploring new April highs above the major resistance level at $8,500.

Bitcoin And The Break-Even Conundrum

The price of bitcoin at the time the Thursday note was released stood at a bit above $8,200. The implication, then, is that miners are losing money — which brings to mind a question for the miners: How long will they keep it up? It makes no economic sense to make something that keeps losing money.

Bitcoin Mining a Money Loser Below $8600: Report

Mining bitcoin , the world's largest cryptocurrency by market capitalization, is not as profitable as once thought, according to one team of analysts on the Street who views this as a negative headwind for the price of the volatile digital asset. If bitcoin fails to break past $8,600 soon, analysts at Morgan ...

Two South Koreans Sentenced For $20M Bitcoin Scam

Three of the defendants (Thomas Dluca, Louis Gatto and Eric Pinkston) promoted schemes known as Bitcoin Funding Team and My7Network using websites, YouTube, social media and conference calls, claiming that Bitcoin Funding Team could turn $100 worth of bitcoin into a monthly income of ...

Bitmain Will 'Burn' 12% of Bitcoin Cash Txn Fee, Calls on Other Miners to Follow

Cryptocurrency mining rig manufacturer and mining pool operator Bitmain has announced that it will destroy a portion of the transaction fees that it accrues from mining Bitcoin Cash blocks in a bid to support the economic health of the network. AntPool, the Chinese company's mining pool, made the ...

How Much Is Bitcoin Really Worth?

Traders, techies and gamblers are still trying to figure it out. According to economic theory, it's somewhere between $20 and $800,000. (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices Website ...

Richard Bernstein Compares Bitcoin to Candy Crush Tokens

Everyone has their own opinion on cryptocurrency. While that is a good thing, one also has to point out that some people are completely wrong in their assessments. For instance, Richard Bernstein claims cryptocurrencies are nothing more than “Candy Crush tokens” and have no inherent value. That is ...

Why the Bitcoin Cash Hard Fork On May 15 is Big News for Real-World Use

Bitcoin Cash is about to split. The fourth-largest cryptocurrency, itself “forked” from Bitcoin from August 2017, is scheduled for a “hard fork” on May 15. The update, known as Bitcoin ABC, quadruples the block size from eight megabytes to 32 megabytes, and it could help further spur adoption in the wider ...

Likely New York Fed president says bitcoin 'doesn't pass the basic test' for a currency

The central banker expected to be the next head of the New York Fed doesn't think much of bitcoin and other cryptocurrencies. "Cryptocurrency doesn't pass the basic test of what a currency should be," John Williams, currently the head of the San Francisco Fed but the nominee for the top slot in New ...

Square Rises As Digital Currency Bitcoin Stages Mini-Rally

Bitcoin climbed 4%, topping $8,500. The digital currency fell 50% in the March quarter following last year's 1,400% surge. San Francisco-based Square offers a Bitcoin exchange through its Square Cash app. Square Cash users can buy and sell the digital currency. An Instinet analyst on Wednesday ...

Bitcoin, Ether, Ripple and Litecoin Analysis - Prices Surge

The Bitcoin revival from its $6,440 April low print continues with the largest cryptocurrency now trading around $2,000 higher on the month. We noted in the last two weeks that the downtrend line from the December high had been broken and that the low seen in April may represent Bitcoin's nadir in ...

Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

In today's Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to ...

Is Bitcoin Failing As a Currency?

In the present day scenario, cryptocurrencies have become more of a tool for speculative investments, and less of a medium of value exchange. For a cryptocurrency like bitcoin to see widespread adaptability as a stable currency, the supporters must come to a consensus whether they wish to use it as a ...

Bitcoin price analysis: BTC/USD makes a breakout of bullish pennant pattern; $8500 resistance is ...

The Bitcoin price is seen up with a modest 0.5% of gains on Friday, after the previous session saw BTC/USD making a break and close above the bullish pennant pattern, as seen on the daily time frame, indicating further upside ahead. Since the change in short-term trend which triggered last ...

Bitcoin Set For First Biweekly Gain This Year, Buying Strongest Since March 2017

Spring's chorus of bullish predictions for Bitcoin appears to be having some corroboration from recent markets, as Bloomberg reports on Bitcoin's 4 percent gain today, April 20, putting the coin on track for its first back-to-back week of gains this year. Bloomberg notes the recent upswing has brought ...

LedgerX's Bitcoin Derivatives Trading Volume Is Up 7X Since Launch

Bitcoin trading platform LedgerX has seen a sevenfold increase in volume in the six months following its launch of cryptocurrency derivatives. Chief operating officer Juthica Chou told CoinDesk that the startup has seen roughly $7.5 million traded weekly through 700 swaps and options contracts.

Bitcoin Buy Demand Highest Since March 2017, Exchange Data Shows

Linking to data from TurtleBC, p2p exchange HodlHodl described the trend as “indicating there is more demand for Bitcoin than supply.” “This is also an indicator of market sentiment among those who are buying and selling Bitcoin ,” it added. A 90-10 ratio effectively means that 90% of the interested ...

Amazon was just granted a patent for tracking Bitcoin transactions and selling the data to the ...

The patent, which was granted this week, outlines a method for analyzing the Bitcoin blockchain, correlating transactions and Bitcoin addresses with the people that made them, and then selling the result to telecom providers or government agencies. The clause in question is described below with key ...

Explore the Hidden Art on the Bitcoin Blockchain in 'Message From the Mines'

When Bitcoin was first unleashed on the world nearly a decade ago, its anonymous creator Satoshi Nakamoto imagined that it would become a peer-to-peer currency system that could one day replace money controlled by nation states. The first block on the Bitcoin blockchain—called the genesis ...

The Case For Owning Bitcoin and a $1 'Stablecoin'

Six years ago, Nader Al-Naji was mining Bitcoin in his dorm room at Princeton University. He still owns the 22 Bitcoins he mined in college. But today, Al-Naji is the cofounder and CEO of Intangible Labs, whose forthcoming product Basis (formerly known as Basecoin), is a cryptocurrency designed to do ...

Bitcoin Cash is soaring as traders ready for its hard fork

Bitcoin cash was up more than 10% Friday, continuing its outperformance of other major cryptocurrencies, as a competing hard fork approaches on May 15. The fourth-largest cryptocurrency, which split from bitcoin in a similar hard fork in 2017, is now up more than 30% in the past week. Bitcoin , by ...

Bitcoin's latest climb brings post-Tax Day rally to more than 8%

Bitcoin jumped Friday morning, bringing its post-Tax Day gains to more than 8 percent. The cryptocurrency spiked about $300 to a high of $8,554.97, according to CoinDesk's bitcoin price index. Bitcoin was trading more than 2.5 percent higher near $8,500 as of 9:48 a.m. ET. That marked an 8.5 percent ...

Amazon Patents a Bitcoin Analysis Service

Law enforcement agencies are showing great interest in Bitcoin users as of right now. They mainly intend to crack down on illicit activities taking place in the world of cryptocurrency. It now appears Amazon is preparing to enter this space as well, as the company recently received a patent to “identity ...

Bitcoin Is About to Have Its First Back-to-Back Weekly Gain in 2018

Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed ...

Bitcoin price rises $500 in 24 hours, causing ethereum and other cryptocurrency markets to surge ...

Bitcoin's turn-around in fortunes appear modest when compared to other top-performing cryptocurrencies, with ethereum rising by 10 per cent since this time yesterday and ripple shooting up by 19 per cent. Bitcoin cash, an off-shoot from bitcoin that is now the fourth most-valuable cryptocurrency, rose by ...

Taiwan Eyes November Deadline for Bitcoin AML Regulation

Taiwan aims to formally regulate bitcoin under anti-money laundering (AML) rules before the end of the year. According to the Taiwan Central News Agency, Chiu Tai-san, the country's minister of justice, said at an anti-money laundering event on Friday that the nation aims to have the legal framework ...

Bitcoin heist: Iceland fugitive says he wants to go home

A man who escaped custody in Iceland and got on a passenger plane that was carrying the country's prime minister says he "will be back soon". Sindri Thor Stefansson is suspected of masterminding the theft of 600 computers to mine virtual currencies. In a letter, he said he was not guilty, he had been ...

Bitcoin (In USD) – Strengthening

Bitcoin rise started in mid April starts back, currently trading above 8300 and heading along the 8400 range. Bitcoin bearish pattern started in March 2018 is maintained as long as the 9000 range is not reached. The pair is contained between hourly support and resistance given at 6306 (13/11/2017 low) ...

Bitcoin Bull Trap? Not So, Says Lesser-Known Price Indicator

Is the reversal of a lesser-known bitcoin price indicator signaling a bull trap? That's the question being asked by Twitter's more expert crypto analysts after bitcoin's rise to $8,500 this week, a figure that's up more than 25 percent since its early April lows. As such, many investors and traders are wondering ...

Bitcoin Cash Smashes Through $1000 USD

The price of Bitcoin Cash has rallied to test levels above $1,000 for the first time since March. The move comprises a gain of more than 75% when measuring from early April's low of approximately $610. With BCH hovering at approximately $1,050, the markets are approaching the 23.6% fibonacci ...

Inflation at 8900% Turns Venezuelans to Bitcoin In Record Volumes

Venezuela, the most hardline socialist country in the American continent, is in a steep crisis in recent years ever since oil prices fell below the $100 area in 2014 down to a third of the price in early 2016. The people are turning to Bitcoin as spiraling inflation destroys the economy.

Bitcoin Cash (BCH): Exclusive Marketplace & Hard Fork The Next Major Catalysts

This might have escaped you, but Bitcoin Cash (BCH) will soon have a platform that will exclusively pair it with fiat and other cryptocurrencies for trading. The event was previously expected around mid-April but a new rumor claims it will come online on April 30, via the efforts of a Cyprus-based startup.

Bitcoin Is The Religion, But Ripple Would Pack Higher Return

Investors looking to venture into the cryptocurrency market may want to set their sights on buying alternative crypto assets as opposed to just buying Bitcoin . Bitcoin is coming off of an all-time high of just under $20,000 and currently trades at a price of $8,200. Should Bitcoin return to its previous all-time ...

Bitcoin Resistance Rises to $8460 After Unconvincing Breakout

Bitcoin (BTC) saw small gains last night, but the weak move did little to further the bull case. The target resistance level to beat yesterday (long-term descending trendline) was $8,285. A high volume close (as per UTC) above that mark would have signaled a long-term bullish trend reversal. The daily ...

Researchers at Morgan Stanley Say Bitcoin Mining Profitable Only Beyond the $8600 Mark

Morgan Stanley claims that Bitcoin miners are losing money at any price less than $8,600. This is laughably wrong – they're off by at least $5,000 if not more. The incumbents are in trouble. They can't even accurately measure the business metrics of this new threat.. — Pomp (@APompliano) April 19 ...

Bitcoin Helps Square's Stock Bounce

Jack Dorsey's decision to support bitcoin trading in the Square Cash app is paying off. Payments platform Square Inc, of which Dorsey is at the helm, got a boost on Wednesday after Wall Street analysts said BTC trading would bolster the company's quarterly results. The app lets customers trade BTC ...

Bitcoin Cash Price Technical Analysis – BCH/USD Surging Higher

There was a nasty upside move in bitcoin cash price from the $900 swing low against the US Dollar. The price surged higher and broke many barriers on the way up such as $920 and $960. It traded close to the $1,000 level and formed a high near $996. It is clearly in a major uptrend above the $900 ...

Bitcoin Mining May Be Even Less Economically Viable Than We Thought

Analysts at Morgan Stanley have added their voices to those warning that mining Bitcoin may no longer be economically viable. The issue is that “mining” cryptocurrencies such as Bitcoin involves heavy-duty number-crunching and, therefore, requires costly computers and a lot of electricity. That makes ...

Bitcoin Pyramid Scheme Amassed $20 Million In South Korea

Two men from South Korea have been sentenced for creating a bitcoin pyramid scheme that swindled some 20 billion Korean won ($20 million) from investors. On April 19, a judge from Seoul's Incheon District Court issued fines of $15 million and $8 million, respectively, to the two fraudsters, according ...

Bitcoin Pyramid Scheme Allegedly Hoaxed $20 Million In South Korea

Two suspects from South Korea have allegedly used a pyramid scheme that involves bitcoin to swindle some 20 billion Korean won, or $20 million from investors in the country. The news was made public as a judge from Seoul's Incheon District Court has issued a fine of $15 million and $8 million ...

Bitcoin Pyramid Scheme Allegedly Hoaxed $20 Billion In South Korea

Two suspects from South Korea have allegedly used a pyramid scheme that involves bitcoin to swindle a total of $20 billion from investors in the country. The news was made public as a judge from Seoul's Incheon District Court has issued a fine of $15 million and $8 million respectively to the two men ...

Bad Checks? Crypto Twitter's Identity Crisis Is Hurting More Than Bitcoin

Before the bitcoin scaling debate came to a head last fall, with a significant contingent of enthusiasts splitting off the core bitcoin network to create bitcoin cash, the @ bitcoin Twitter handle tweeted information in support of bitcoin . The account has been operated by many owners over the years, and the ...

Bitcoin's Energy Consumption Can Power An Entire Country -- But EOS Is Trying To Fix That

Proof of work (POW) is data that is costly and time-consuming to produce but easy for others to verify. The Bitcoin POW mechanism is so costly that it consumes the same amount of electricity it takes to power a country like Switzerland in one year. Bitcoin's current estimated annual electricity consumption ...

Thieves caught on camera robbing Bitcoin machine at Irving gas station

IRVING – Police are asking for the public's help in identifying a couple of robbers who broke into a Bitcoin machine at a Chevron convenience store. Irving Police Department recently released surveillance video of the March 22 crime. The video shows two men ambushing a clerk, and spraying the victim ...

Bitcoin is Not A Tool For Illegitimate Transactions, Says Quebec Chief Scientist

The Chief Scientist of Quebec Rémi Quirion says public concern that Bitcoin is being used for illicit activities like tax evasion and money laundering is largely overblown, Forbes reports April 18. The statement prepared by the l'Agence Science-Presse, which is a partner of Fonds de Recherche du ...

Brazil's Largest Brokerage Firm May Be Launching an OTC Bitcoin Exchange

Brazil is home to half of South America's population and wealth, and right now, the country's largest investment broker firm may be primed to launch an over-the-counter (OTC) bitcoin exchange. XP Investimentos has not made any official announcements on the matter, but according to reports in Portal ...

For Bitcoin, HODLing Is The Best Strategy ... With One Big Caveat

Crypto naysers who think Bitcoin is “the ultimate bubble” love to point at so-called HODLers and laugh. HODLers are crypto investors who buy and hold their positions regardless of price. Whether the market is up, down or sideways, these folks stay invested, confident in the long-term value of crypto.

Bitcoin testing a key technical level

Bitcoin testing a key technical level. 1 Hour Ago. Trader Brian Kelly discusses whether a bitcoin breakout is coming, and how to make money in bitcoin cash. Watch CNBC Live TV ...

Morgan Stanley: Bitcoin Miners Will Only Profit When Price is Above $8600

The key price point for Bitcoin mining profitability is $8,600, according to Morgan Stanley Equity Analyst Charlie Chan and his team. As per their simulation, if the coin can't recover $8,600 soon, many Bitcoin miners will likely find it unprofitable to keep creating the cryptocurrency.

Bitcoin: What is it?

... oversees or monitors it. Business Insider published a beginner's guide to cryptocurrency, illustrated like a children's book. More than 100,000 merchants worldwide currently accept cryptocurrency, including Austin real estate companies. Bitcoin ATMs have also been popping up in places such as Ohio.

Bitcoin Bulls: Four Investors With Bold Predictions About Bitcoin's Future

Last year, bitcoin exploded in value, going from under $1,000 a coin at the beginning of 2017 to an all-time high of nearly $20,000 on December 17. Shortly thereafter, bitcoin entered a bear market, and is down nearly 40% since the beginning of the year. According to Google Trends, interest has steadily ...

'It's a Very Good Time to Buy' Bitcoin, Says Pantera Capital CEO

Dan Morehead also told clients in an April newsletter that he has “rarely had such strong conviction on timing” as he planned for a $20,000 Bitcoin price in 2018. At the time of this writing, Bitcoin is trading at $8175 and is up more than 15 percent on the week, after absorbing one account's dump of ...

Citigroup Lists Multiple Job Openings for Certified Bitcoin Professionals

Even though the public's interest in cryptocurrency has not slowed down in the slightest, there are still risks associated with it. Citigroup acknowledges the potential impact of Bitcoin , yet it aims to gain a better understanding of this new form of money. As such, the company is looking to hire people with a ...

Bitcoin Today: Prices Stay Afloat In Search for Momentum Above $8200

The man behind Iceland's "Big Bitcoin Heist" has escaped from prison in the country and fled to Sweden, according to the BBC. Sindri Thor Stefansson was accused of stealing 600 cryptocurrency mining computers in at least four separate incidents from December 2017 through January 2018 - about $2 ...

Bitcoin Cash Approaches $1000 Ahead Of Hard Fork

Bitcoin Cash climbed today, nearing $1,000 as traders purchased the digital currency in anticipation of next month's hard fork. The alternative protocol asset (altcoin) rose to as much as $983.58 today, CoinMarketCap figures revealed. At this point, Bitcoin Cash was up roughly 11.3% over the last 24 ...

Suspected Mastermind Behind the 'Big Bitcoin Heist' Escapes Prison Through a Window

A man who is accused of a Bitcoin heist that included stealing about 600 computers escaped a low-security prison in Iceland this week and reportedly fled to Sweden. On Tuesday, Sindri Thor Stefansson is believed to have escaped the low-security prison he was transferred to 10 days prior through a ...

Square Cash Stock Spikes Due to Analyst's Bitcoin Trading Optimism

Whether the markets were going up or down, one segment of the bitcoin industry has been consistently making serious money, trading venues. This has caused more companies to want to join the party and on the way offer stock investors exposure to the bitcoin ecosystem regardless of what some ...

Bitcoin price news: What is the price of bitcoin today? Why is BTC rising?

Midweek charts show bitcoin prices are back on the rise. The cryptocurrency has been steadily rising overnight, increasing by more than 2.44 percent in the last hour. Bitcoin prices were trading at $8,239.66 as of 4.30pm today. The rest of the cryptocurrency market has also seen a bumper rise in prices.

Bitcoin 'miners' are losing money at any price below $8600: Morgan Stanley

If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said. Bitcoin traded slightly higher near $8,200 Thursday, according to CoinDesk. It has struggled to recover in the last few months after tumbling from a record ...

As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money

... trading strategies include market-making, short-term trend following and exploiting pricing discrepancies between different currency pairs and exchanges. Market Neutral Liquidity SP-Institutional, with more than $100 million of assets under management, makes markets for currencies such as Bitcoin , ...

A global chipmaking giant is blaming a slump in bitcoin mining for its lowered outlook

In addition to key smartphone components, the Taiwanese company makes chips designed to perform calculations needed to verify cryptocurrency transactions in a process known as "mining." In return for solving complex mathematical equations, miners receive bitcoin , which was trading near $8,200 ...

Bitcoin: Where's That Post-Tax Price Boom We Were Promised?

It's not clear if taxes induced one of the biggest currency owners to sell $50 million in bitcoin on Tuesday just before the deadline. That sale helped force the price of bitcoin down by $200 in less than 20 minutes. The tax-induced selling pressure is over now, but the flat trading pattern remains. Of course ...

What's Next For The Price Of Bitcoin?

Bitcoin was a bubble. My last prognosis at the beginning of November when Bitcoin (BTC) was at $7,000 was that I would get nervous at $30,000. But I got nervous at $17,500 and bailed. Market verticals are invitations to sell, and I'm glad I did. I am a contrarian value investor after all, not an insane ...

Bitcoin may fail the 'money' test

Article – BusinessDesk. Bitcoin may fail the 'money' test and be a less suitable model for central bank issuance Bitcoin may fail the 'money' test and be a less suitable model for central bank issuance. By Jonathan Underhill. April 19 (BusinessDesk) – Bitcoin may fail the definition of money because of its ...

True scale of Bitcoin ransomware extortion revealed

While ransomware can ask for payment in kind of currency, Conti and co focus only on those that ask for Bitcoin payments. That's because Bitcoin transactions are openly recorded and free to view. So in principle, it should be possible to work out exactly how much each account receives. “Our aim was to ...

Bitcoin Holds $8000 Price Point Amid Warnings Fast Growth Could See Lows Return

Bitcoin prices are holding steady today, April 19, one week after a surprise surge took the cryptocurrency up $1,000 to reach above $8,000 in the space of 30 minutes. Capping a week of more moderate fluctuations around the $8,000 mark, commentators note support appears firm around $7,900, paving ...

Sweden's Very Own Bitcoin. What Could Possibly Go Wrong?

While a publicly available e-pound or e-krona would help draw support away from stateless cryptocurrencies such as Bitcoin , bank CEOs know it might also stop customers depositing funds with their own firms. That's certainly the fear in Sweden, where bankers are lobbying against the central bank's ...

Bitcoin Headed For $100000 Or $100? CEOs, Big Investors And Harvard Economist Predictions

Many predictions have been made regarding Bitcoin's price which, after jumping from around $1,000 to $20,000 in 2017, decreased to lows of around $6,000 before climbing back to $8,000. This huge volatility makes it very challenging to predict the price in the short-term. Nonetheless, a fundamental ...

New Amazon patent wants to unmask Bitcoin users, possibly for law enforcement

Amazon has a brand new patent to its name that takes a distinctly authoritative stance against the decentralized, pseudo-anonymous nature of the cryptocurrency Bitcoin . It details methods with which the global retail giant could leverage its data stores to identify the participants in Bitcoin transactions in ...

Ethereum's Vitalik Buterin on the bitcoin bubble and running a $125bn blockchain

I'm here to meet the coders' leader, Vitalik Buterin, the Russian-Canadian creator of Ethereum, arguably the most successful of the hundreds of copycat cryptocurrencies to have emerged in the seven years since bitcoin rose to prominence. On the damp, overcast morning earlier this year when I take a ...

Profitable Bitcoin Mining? Big Miners are Squeezing Out Dorm Room Rigs

Profits elude fledgling bitcoin miners, while institutional bitcoin miners continue to rake it in. Mega bitcoin miners like Bitmain and Bitfury are threatening to squeeze the smaller players out of the picture, according to a Bloomberg report. As a result, expect to see some consolidation in the bitcoin mining ...

Mt. Gox and the Surprising Redemption of Bitcoin's Biggest Villain

Mark Karpelès, the CEO of what until recently had been the world's biggest Bitcoin exchange, was finally alone, save for his tabby cat, in his palatial penthouse with a panoramic view of Tokyo. It was the evening of March 7, 2014, and Karpelès had barely slept in the week since Mt. Gox had sought ...

Barclays Considering Bitcoin Trading Desk

Barclays Plc, a British multinational investment bank and financial services company headquartered in London, has a fairly long history of putting down Bitcoin . Now, the financial institution looks to be changing its tune as it begins gauging its clients' interest in a potential cryptocurrency trading desk.

Rare Buy Sign For Bitcoin Has Emerged: Hedge Fund Manager

Determining the future direction of Bitcoin price is always a gamble. Technical analysis can help people gauge what the market is trying to achieve. According to Dan Morehead of Pantera Capital, this is the moment when the trend will turn bullish. Now is an “excellent” buy opportunity, in his opinion, ...

Bitcoin Loses Out to Bitcoin Cash – Is it the Beginning of the End?

The Bitcoin bulls didn't get the memo on Wednesday, with Bitcoin only managing a 3.56% rise on day, partially reversing Monday and Tuesday's losses, to end the day at $8,169.5. A morning rally saw Bitcoin break out from the 23.6% FIB Retracement Level of $7,996.57 to hit a morning $8,168.8 high, ...

Crypto's Craigslist: LocalBitcoins Is Making Millions Where Bitcoin Is Needed Most

One of the longest-running and most controversial bitcoin companiess, the decidedly low-fi website now has roughly 20 employees worldwide and 4 million registered accounts. And reflecting the global tide, 40 percent of those users have signed up in the last six months. All that is according to Nikolaus ...

Make or Break? Bitcoin Nears Key Resistance Hurdle at $8300

Bitcoin (BTC) remains in bullish territory today, but a major break above the long-term descending trendline has been elusive. That failure on the part of the bulls means the cryptocurrency needs a major move above $8,300 soon to lessen the risks of another sell-off. The trendline resistance is around ...

Ex-CEO of Bankrupt Bitcoin Exchange Mt. Gox Has a New Job in Crypto

Mark Karpelès, the CEO who presided over Bitcoin exchange Mt. Gox until it went bankrupt in 2014, has had a hard time finding work for the last four years. After all, when he announced in February 2014 that he'd lost all of Mt. Gox's 850,000 Bitcoins , he instantly became the biggest villain of the ...

Alleged bitcoin heist mastermind reportedly escapes from Iceland prison, goes to airport and flies ...

Prison breaks, in the movies at least, often involve digging with MacGyvered tools or rappelling down walls using ropes fashioned from bedsheets, but one man reportedly didn't need any of the classic escape techniques when he disappeared from a rural low-security prison in Iceland on Tuesday.

“Time to Buy Bitcoin,” Says Guy Who Wants You to Buy Bitcoin

Dan Morehead, the operator of Pantera Capital (one of the most prominent crypto hedge funds on the planet), says that Bitcoin has reached the bottom of its bear market, and that now is the perfect time to buy BTC. “Something that's growing that fast hardly ever gets below its 200-day moving average,” ...

$19 Billion Square's Market Cap Surges 15% Due to its Bitcoin Venture

Companies venturing into Bitcoin trading are taking a big risk. This largely unregulated ... Earning money from offering Bitcoin trading services is a must for Square. ... While the company does not disclose exact figures of users trading Bitcoin , it is expected as much as 6% of their client base does so.

Bitcoin and Crypto are Solutions to the $164 Trillion Global Debt