Bitcoin price (BTC) plummeted sharply in the last two days following Bill Gates and Warren Buffett’s criticism regarding the cryptocurrency markets. The largest coin traded at around the $9,000 level early today, down almost $1,000 from Sunday’s high of $9,900. Altcoins fell at a high mid-single-digit rate in the last two days, pulling the total…
Bitcoin.com Controversy: Bitcoin Cash has taken things a little too far on its crusade to promote itself, A strategy that has led the ecosystem to a polarization never seen before in the history of the blockchain. While the relationship between ETC advocates and ETH could be described as controversial — two communities whose philosophies are…
Warren Buffet may still dislike Bitcoin (BTC), but many other big names on Wall Street seem to be warming up to the digital currency. The Intercontinental Exchange (ICE), the parent company to the New York Stock Exchange (NYSE), has been working on an online trading platform that gives institutional investors access to buy and hold…
The bitcoin expert and senior market analyst at eToro, Mati Greenspan, explained that Bitcoin’s behavior is completely normal and that after reaching historical highs of around 20k a drop like the one seen during the first quarter of 2018 was to be expected. In an interview for The Express Mr. Greenspan mentioned that technical analysis…
Two months ago, Reddit dropped Bitcoin (BTC) as a method of payment. This was due to the increase in transaction fees. Now, however, it appears bitcoin may be returning to the platform. This isn’t speculation, either; the Reddit chief technology officer confirmed the news of bitcoin payments returning to Reddit. Bitcoin Payments Returning to Reddit…
Financial services company Goldman Sachs has announced its intent to launch Bitcoin futures contracts in the near future. Goldman Sachs launching Bitcoin futures contracts is a pretty big deal for the financial world. What made the investment firm take the plunge? New York Times reporter Nathaniel Popper wrote that Goldman Sachs plans to use its…
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 $140 million – was sold by Nobuaki Kobayashi, a Mt. Gox Trustee, in a move that took an increasingly optimistic Bitcoin community by surprise. The move triggered some nervousness because a previous similar course of actions by the man known as “The Tokyo Bitcoin Whale” (the selling of 400M$…
