2017 was the breakout year for cryptocurrency. Starting at the beginning of the year, the total market cap for all cryptocurrencies was just over $17 billion and at the end of December, it reached just under $600 billion. Bitcoin (BTC), the original cryptocurrency, from the year 2013 to the beginning of 2017, held almost 90%…
If someone mentions the name ‘Katy Perry’, what do you think of? Bright colors? Cotton candy? Pop Hollywood elite? Probably all of the above. Would you ever associate the name Katy Perry with digital currency Bitcoin? Before yesterday, I highly doubt that you would. That said, Ms. Perry completely changed the game on Thursday. Now,…
The cryptocurrency market grew over 3200% in 2017 alone. Towards the end of the year, there was an influx of investors flooding the market. As tax season has just begun, some have been left wondering how they need to report their cryptocurrency with their taxes. If that’s you, you’ve come to the right place. The United…
Global leaders gathered in Davos to share their opinion on the global economic activities. And, as expected, leaders are frequently talking about the cryptocurrency phenomena. From country’s head to economists and treasury secretaries, everyone is talking about cryptocurrencies. Ethereum price, which has always been responsive to market news’ and economists comments, is trading in the…
There are a lot of people in the world criticizing Bitcoin (BTC). Others, on the other hand, have fallen madly in love with the digital currency and the technology behind it, deemed blockchain. Regardless, it is important for the world to be aware of what people are saying about the cryptocurrency industry, whether it be…
Starbucks Chairman becomes the latest public figure to provide his view on cryptocurrency. Imagine buying your favorite Starbucks beverage with cryptocurrency on your way to work each morning. This could well be happening in the future. During the company’s earnings call on Thursday, Starbucks (NASDAQ:SBUX) Chairman Howard Schultz provided his own personal view on the…
As cryptocurrency becomes more and more popular, we’re going to start to see a lot more countries making a move into the industry. Two weeks ago, Canada was making headlines. The country announced that KFC will now be accepting bitcoin as a payment method. Today, Australia is catching the attention of the cryptocurrency industry. According…
If closing the entire platform wasn’t bad enough, BitConnect has now been hit with a lawsuit by a group of investors alleging that the BitConnect “crypto wonderland” was, in fact, a “wide-reaching Ponzi scheme.” BitConnect officially shuts down>> The legal complaint was filed in Florida by six individuals on their own behalf, as well as on…
Bitcoin (BTC) and other digital currencies started gaining popularity last year following the big tech companies’ interest in blockchain technologies. Moreover, cryptocurrencies’ ability to execute transactions semi-anonymously has added to the popularity. Consequently, people who want their transactions to be hard to trace enjoy the secrecy these digital currencies offer. According to researchers from the University of…
Everyone’s heard of Bitcoin, but how many people can actually afford it? Sure, you could buy 0.0001 BTC, but where’s the fun in that (not to mention the huge transaction fees right now)? Wouldn’t you rather get an entire token? If you’ve got the crypto-itch, then I’ve got the cure. Here are 5 cryptocurrencies under…
