Archive | February 5, 2018

Bitcoin continues to tumble, briefly breaking below $6000 – CNBC

CNBCBitcoin continues to tumble, briefly breaking below $6000CNBCBitcoin continues to tumble, briefly breaking below $6,000. The digital currency briefly falls below $6,000 to its lowest since mid-November, according to CoinDesk. The decline follows re…

The Solution to the World’s Toughest Bitcoin Puzzle Is as Clever as Its Creator

Last week, an enigmatic and fiendishly tricky puzzle that had baffled bitcoiners for years was finally solved. In the process, it earned the individual who cracked it a 5 BTC jackpot and brought new acclaim to the team behind the project. After being launched in 2015, at the height of the bitcoin bear market, the […]

College kids using Bitcoin to pay for ‘huge drug deals,’ prosecutor says – USA TODAY

USA TODAYCollege kids using Bitcoin to pay for ‘huge drug deals,’ prosecutor saysUSA TODAYDES MOINES — An Iowa man has been arrested and accused of selling shipments of narcotics and other drugs to two Ohio college students, who bought the drugs using the cryptocurrency Bitcoin. Authorities arrested Anthony Scott Boeckholt, 42, on Jan. 29 …and […]

Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently […]

Bitcoin is getting smashed – Business Insider

Business InsiderBitcoin is getting smashedBusiness InsiderBitcoin is trading at the lowest level since mid-November when a corresponding surge in Bitcoin Cash saw Bitcoin prices fall below $US6,000. Bitcoin Cash hasn’t been immune from the latest selloff and has fallen below $US1,000 — also for the first …

How Cryptocurrencies Can Reduce Global Poverty

Cryptocurrency is all the rage among savvy investors. But the technology has the potential for social change far beyond this. Cryptocurrencies can open access to financial services for underserved populations in developing countries, and they even have…