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Short Term Price Drops, Sudden Or Otherwise, Are Irrelevant Says John McAfee
15.5.2019
Technology leader and crypto influencer John McAfee tweeted on Monday evening that crypto price fluctuations in the short run are irrelevant. He urged investors to never panic in case of sudden price drops and asked them to check prices every two or three months. Do not, under any crcumstances...
SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending
15.5.2019
The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin...
CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume
15.5.2019
The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...
Our Value of Money Is Subjective But That Doesn’t Make It Meaningless
14.5.2019
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot...
Bitcoin (BTC) Flirts With Psychological $8,000 Mark
14.5.2019
It’s been undeniably a good few months for backers of Bitcoin. The end of April saw the digital currency record its first three-month winning streak since 2017, closing 28.5% higher in April alone. Another milestone has been reached in early-May, as Bitcoin passed the $100 billion Market...
Bitcoin (BTC) Price Suffers Sudden Slump Within No Time In A Single Day
14.5.2019
Bitcoin price on a whole is showing an ascending trend in consideration to its surge observed since past week. However, the above graph only shows the surge on a totality basis, but when we look into the graph on a daily basis; it is evident that the movements are not at all straight and easy....
E-Commerce Giant eBay All Set to Start Accepting Payments in Cryptocurrencies
14.5.2019
When cryptocurrencies first came into existence, no one quite took it with much seriousness and a future in which payments could be made with those currencies was nothing short of a pipe dream. However, over the past few years, that attitude is changing at a breakneck pace as more and more people...
Bitcoin Weekly Analysis: Bitcoin (BTC) Price Making it Big from $5900 to $8000 Effortlessly
14.5.2019
Bitcoin prices in the past week are no less than the most exceptional survival for the whale investors. The blaze has been radiant enough for investors to keep gawking at the screen since predictions say that Bitcoin will leap to $20,000 in just three winks. What part of – "I'm...
Bitcoin Price Analysis: Bitcoin (BTC) Price Spills Leaving Behind all the Presuppositions for its Colossal Investors
14.5.2019
Bitcoin is on the move since last week achieving new landmarks on a day-to-day basis. Bitcoin did not take enough time to rush from $6000-$8000. It just got its prices moving that featured the qualities of Bitcoin being a market leader and a forerunner. Currently, it is doing total justice with...
HTC To Release Economical Blockchain Smartphone With Potential Of Running A Bitcoin Full Node
14.5.2019
Taiwanese Consumer electronics giant- High Tech Computer (HTC) has announced the unveiling of a brand new economical version of its blockchain smartphone. Last year in May, the Company had broadcasted to be working on an Android phone powered by blockchain technology. Later in October, Exodus...
Microsoft’s Ion Launches on Bitcoin Blockchain
14.5.2019
Microsoft is launching a decentralized infrastructure implementation, called Ion, on Bitcoin Blockchain. It would be the first major tech company to do so. Ion is an open source project that takes care of how companies and apps converse with each other. It is a world of so many interlinked networks...
Markets Update: Crypto Prices Continue to Gather Bullish Momentum
14.5.2019
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software...
Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App
13.5.2019
On May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people...
Bitcoin Price Chart Shows Similar Movements as in 2017: Will History Repeat Itself?
13.5.2019
Bitcoin (BTC) is currently trading at a price mark above $7000 in the cryptomarket. The bulls have been virtuoso, not degrading the rank Bitcoin has been maintaining since inception. Bitcoin alone is making it big and adding some $25 billion to the overall cryptocurrency market capitalization after...
Binance Will Resume Withdrawals and Deposits From Tuesday Post the Recent Hack
13.5.2019
After creating a huge buzz with the news of its recent hack, Binance is all set to bounce back. The CEO of Binance, Changpeng Zhao, came forward to state that the digital currency exchange will be ready to resume crypto withdrawals as well as deposits starting Tuesday, 14th of May 2019. The update...
Bitcoin Will Reach $400K In a Decade, Predicts the Founder of Morgan Creek
13.5.2019
Ever since the start of the year, Bitcoin has been experiencing considerable gains. That, in a definitive way, seems to provide enough ground for experts to make fascinating predictions involving the globally popular digital currency. One such prediction has been made by Mark Yusko, the CEO, Chief...
Bitcoin (BTC) Price Analysis: Bitcoin Price Volatility Leading to Significant Pump and Dump in the Market
13.5.2019
Bitcoin price seems to have had a colorful weekend for Bitcoin lovers and its investors. Is a 24-hour span enough to make investors gawk at the screen in a total thunderbolt? Looking at the movements of the past month, no one would have presumed that Bitcoin value will ace the board. However...
His Anonymity Makes Satoshi Nakamoto A Hero For The Cryptocurrency Space
13.5.2019
Satoshi Nakamoto has been as mysterious as life itself. The individual or group who created the biggest asset of 21st Century, the Bitcoin, was quite selfless and big-hearted to go in total anonymity to save it. Bitcoin is to Nakamoto what The Last Supper is to Leonardo da Vinci, Theory...
Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know
12.5.2019
On Wednesday, May 15, the Bitcoin Cash (BCH) network will be upgraded to incorporate the highly anticipated Schnorr signature algorithm, a digital signature scheme widely known for its simplicity. Also read: Bitcoin History Part 12: When No One Wanted Your BTC Schnorr Sigs Are Coming Next week,...
Bitcoin History Part 12: When No One Wanted Your BTC
12.5.2019
Today, bitcoin is so precious that its hodlers are prone to locking their keys away inside nuclear bunkers, bank vaults, and military grade hardware wallets. But things weren’t always that way. Back in the early days, bitcoin was deemed so undesirable that you would have struggled to give...