The Bitcoin hashrate is nearing its all-time high, despite market skepticism over Bitcoin’s popularity. The Bitcoin hashrate was at 31.6615 hash per second as of May 1st, 2018, according to data from BitInfoCharts. Source: BitInfoChartsNot long ago, on April 20th, 2018, Bitcoin (BTC) achieved a hashrate of 32.1278 hash per second, which was the Bitcoin hashrate all-time…
The crypto related news website, Bitcoin.com has changed the way it publishes information after a group of users joined forces to file a fraud suit against it. For some time now, Roger Ver, a crypto enthusiast who became a millionaire by investing in Bitcoin (BTC), has been promoting a fork he is a part of…
Bitcoin (BTC) is making headlines this week. The latest headline comes after CFTC chairman J. Christopher Giancarlo stated in an interview with CNBC that Bitcoin has similar characteristics to gold. But is Bitcoin similar to gold? Let’s see if there’s truth in the statement. Is Bitcoin Similar to Gold? This week, Giancarlo essentially stated that…
16,000 Bitcoin – totaling just over $140 million – was sold by Nobuaki Kobayashi, a Mt. Gox Trustee, in a move that took an increasingly optimistic Bitcoin community by surprise. The move triggered some nervousness because a previous similar course of actions by the man known as “The Tokyo Bitcoin Whale” (the selling of 400M$…
Warren Buffett on Bitcoin (BTC) Now Warren Buffett has never shown himself to be a fan of Bitcoin and other cryptocurrencies. In an interview with Yahoo Finance, Buffett still isn’t jumping on the crypto train. Buffett told Yahoo Finance that he doesn’t see Bitcoin as an investment. Instead, he believes it’s a gamble. He continued to…
As with any new technology and trend, there will always be prognosticators who want to explain to the masses what is going to happen in the future. This is even true of the economists and the pollsters. One has to take all of these with a seriously large grain of salt and healthy suspicion as…
Bitcoin could become irrelevant if any of the ideas put forth by MIT students become a reality. First though, let’s go back to 2008 when the US went through the worst recession in history; it was even considered to be greater than the “great depression”. The cause of it ultimately came down to the banks issuing money/mortgages to…
The cryptocurrency sector is a fundamental part of our world. Some people love it, others hate it, but that doesn’t stop the crypto wheels from turning. Now, it seems like every week someone new joins the conversation and expresses their own opinion on the crypto space. The latest to do so is Tim Draper, a…
Analysts are optimistic about the future of Bitcoin price: Bitcoin price (BTC) traded in the green during the weekend, and the largest coin added $1400 to its price last week. The latest bull-run continues to receive support from bullish sentiments; bulls believe BTC price has hit the bottom early in the previous week and it…
Bitcoin has revolutionized the world of finance. Its price is perhaps the most consulted aspect of the coin and at the same time (ironically) the least “revolutionary.” Over-volatility of price and unstoppable news of frauds and substantial investments have sparked a lot of debate and predictions; something that has become a popular conversational topic among…
