Did Bitcoin Just Burst? How It Compares to History’s Big Bubbles

January 20, 2018

Bitcoin’s recent wobbles please give fresh necessity to a question that’s gripped sell commentators for much of the past year: Will the cryptocurrency go down as one of history’s most infamous bubbles, alongside tulipmania and the dot-com furor? The magnitude of Bitcoin’s boom( before it predicted by Cameron Winklevoss of Facebook fame, it could have a lot further to surge. Graphic: Who’s Hot and Who’s Not on Bitcoin skeptics abound….


Ethereum breaks new record by reaching $1,000 for the first time

January 18, 2018

Ethereum tokens( ethers) have reached $1,000 on multiple major exchanges for the first time ever. This is an all-time high and the result of a multiple-day rallying. The total marketplace capitalization of ethers currently available is now $100 billion. And yet, ethers only represent around 13 percentage of all cryptocurrencies out there. 2017 may have been a huge time for cryptocurrencies across the board, but one of the most important…


Bitcoin conference dragged for pulling bitcoin transactions for tickets

January 14, 2018

Bitcoin is getting dragged for not working well as a currency at its own conference.Image: ALEX HOFFORD/EPA-EFE/REX/Shutterstock The irony of a conference dedicated to all things cryptocurrency that’s unable to accept bitcoin payments for conference tickets is glaring. On the North American Bitcoin Conference ticketing page — where last minute tickets are $1,000 USD for the Jan. 18-19 event in Miami — an explanation for the “no cryptocurrency” policy cites…


Bitcoin Futures Start With a Bang as Rally Trips Circuit Breaker

January 10, 2018

Bitcoin landed on Wall Street with a bang. Less than three hours after the debut of Cboe Global Markets Inc.’s bitcoin futures, the contracts clambered as much as 14 percentage and triggered a two-minute trading halting designed to cool volatility. Pusher said initial volumes outperformed expectancies, while traffic on Cboe’s website was so strong that it caused delays and outages. The exchange said all its trading systems were normal. ”…


Where Did WikiLeaks $25 Million Bitcoin Fortune Go?

January 4, 2018

Everyone from early investors to cybercriminals has benefited from the huge spike in the value of bitcoin in the past few weeks. It’s a boon for one other outfit that can probably be racked up tens of millions of dollars‘ worth of the cryptocurrency: WikiLeaks. The transparency organization may be sitting on a stockpile of bitcoin evaluated at around $25 million, and has likely exchanged several other major cryptocurrency caches…


Bitcoin Billionaire Winklevoss Sees Surge of as Much as 20 Fold

January 3, 2018

Cameron Winklevoss, thought to be one of the largest owners of bitcoin, envisages the cryptocurrency’s futures contracts on Sunday, attaining it easier to stake against the digital currency’s rally in recent months, is stirring some fanatics nervous — but not Winklevoss. He’s one of the far-famed 36 -year-old twins who played an early role in Click here to read about bitcoin’s volatility disconcerting futures traders . Winklevoss can point to…


Bitcoin Mining Guzzles EnergyAnd Its Carbon Footprint Just Keeps Growing

January 1, 2018

This story originally appeared on Grist and is part of the Climate Desk collaboration. If you’re like me, you’ve likely been ignoring the bitcoin phenomenon for years — because it seemed too complex, far-fetched, or maybe even too libertarian. But if you have any interest in a future where the world moves beyond fossil fuels, you and I should both start paying attention now. Last week, the value of a…


Bitcoin Lost Almost 20% of Its Value This Week

December 30, 2017

Bitcoin faced one of its biggest experiments this week, forgetting nearly 20 percent of its appreciate after the world’s largest cryptocurrency reached a record high Monday. The digital money plunged as much as 30 percentage on Friday, before paring losses, as this week’s selloff extended to a fourth period. The weekly slump is the biggest in almost three years. Other cryptocurrencies also tumbled: ethereum declined as much as 36 percentage…


From Bitcoin to Belize, Here Are Best and Worst Assets of 2017

December 30, 2017

It was a great year to maintain bitcoin, but a bad time to have been invested in the Uzbek soum. As 2017 gales to a open, a look at the wins and losers around the globe would point out that, broadly speaking, the riskiest resources performed well, with bullish feeling on display in stocks, emerging-market monarches and corporate debt. Securities generally seen as the safest and least volatile wagers —…


An American Bitcoin Trader and the Mysterious Death of the Naked Dutch Model in Malaysia

December 27, 2017

ROME–Ivana Smit was living a model’s life in Malaysia, complete with cameras, catwalks, and clubs. The 18 -year-old Dutch-Belgian woman who grew up with her grandparents in Malaysia was discovered in 2014 when she won third place in the Malaysia Supermodel Search. But her dream of stardom was cut tragically short on Dec. 7 when her nude form crashed through the canopy of a sixth storey balcony in a high-rise…


Bitcoin Futures Deliver Wild Ride as Debut Brings Rally, Halts

December 26, 2017

Bitcoin has property on Wall Street. Futures on the world’s most popular cryptocurrency surged as much as 26 percentage in their debut session on Cboe Global Markets Inc.’s exchange, triggering two temporary trading haltings designed to calm the market. Initial volume outstripped dealers’ expectancies, while traffic on Cboe’s website was so heavy that it caused delays and temporary outages. The website’s questions had no impact on trade system, Cboe said….


Bitcoin Crashes and Then Surges in Wild Weekend Action

November 29, 2017

Bitcoin is proving that investing in digital currencies isn’t for the swooning of heart. After plunging as much as 29 percentage from a record high-pitched following the cancellation of a technology upgrade on Nov. 8, the most significant cryptocurrency came roaring back in early trading Monday before fluctuating between gains and losses. ” Crypto trading is not for the novice investor ,” said John Spallanzani, chief macro strategist at GFI…


MasterCard has filed a patent on its own blockchain-based money transfer solution

November 25, 2017

In about 2014, most bitcoin corporations rapidly pivoted to the “next big-hearted thing”: blockchain. Among them were the financial and fintech mansions “thats been” eager to eschew SEC scrutiny of their cryptocurrency keeps but were happy to use blockchain technology to speed up transaction times. Many of those early exertions are now apparently bearing fruit. MasterCard, for example, has just filed a patent for a “Method and System For Instantaneous…


Uh oh, a major Bitcoin upgrade just got postponed indefinitely

November 24, 2017

No 2x today . Image: Alexander Demianchuk/ getty It ain’t easy being Bitcoin. The cryptocurrency has undergone several forks within the parameters of the last year while simultaneously skyrocketing in value and was on course for potentially another fork set to take place in mid-November. It’s that last part which has run into a pretty serious velocity hump. Known as Segwit2x, the plan was to both doubled the Bitcoin block…


Do you own bitcoin? You could soon have some without even knowing it.

November 23, 2017

Woooo bitcoin ! Image: Getty Images/ iStockphoto First they ignore you, then they laugh at you, then they fight you, then they invest in you. That’s the incident that bitcoin investors and admirers are facing. After years as an underground digital money and a flowing joke in the world of investment, bitcoin is abruptly attracting attention from the ones who once called it a defraud: the large-scale institutions of finance,…


Iranian Game of Thrones Hacker Demanded $6 Million Bitcoin Ransom From HBO, Feds Say

November 22, 2017

The Department of Justice on Tuesday charged an Iranian national with allegedly hacking into HBO, dumping a selection stolen files, and attempting to gouge the company by ransoming a treasure trove of the company’s content. This summer, hackers liberated a bevy of internal HBO files, included scripts for Game of Thrones and full, unaired episodes of other shows. Behzad Mesri, aka” Skote Vahshat”, at one point worked for the Iranian…


BitTorrent inventor announces eco-friendly bitcoin competitor Chia

November 21, 2017

A bitcoin transaction wastes as much electricity as it takes to ability an American residence for a week, and legendary coder Bram Cohen wants to fix that. And believing he devised the ubiquitous peer-to-peer file transmit protocol BitTorrent, you should take him seriously. Cohen has just started a “companies ” called Chia Network that they are able to launch a cryptocurrency based on proofs of day and storage rather than…


Bitcoin Surges After World’s Biggest Exchange Announces Plans for Futures

November 14, 2017

The allure of bitcoin was too much for CME Group Inc. The world’s largest exchange owned reversed course today and said it plans to introduce bitcoin futures by the end of its first year, only a month after dismissing such a plan. The largest cryptocurrency, which has surged more than sixfold this year, climbed to a record high after the announcement. CME’s neighbor across the street in Chicago seems to…


Coin offerings using celebrity glitter may not be golden, SEC warns

November 12, 2017

The Security and Exchange Commission has issued a stern admonish to the luminaries, athletes and social media starrings pitching investment opportunities in virtual currencies. A slew of media stars — including the massively popular musician DJ Khaled, the boxer Floyd Mayweather and socialite Paris Hilton — have hitched their starrings to various virtual monies, giving their social media outreach and luster to is planned that have seemed less than golden….


Bitcoin Surges Past $7,000 to Extend Record Rally

November 11, 2017

Bitcoin surged past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark. The digital currency $100 billion. ” It is simply remarkable how resilient bitcoin has been in the face of substantial negativity ,” said Lukman Otunuga, a research psychoanalyst at ForexTime, in a Nov. 1 mention to patrons.” The rate act been shown that bulls have a very firm…