Archive | btc

Global Market Stagnant Despite Bitcoin Gains

While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish. Bitcoin (BTC) has climbed close to […]

A Beginner’s Guide to Counterparty

While many cryptocurrencies exist as competitors to or as evolutions of the Bitcoin protocol, there are other initiatives that instead seek to cooperate and bolster the pioneer blockchain. Perhaps the oldest and most profound of these projects is Counterparty, an asset layer created directly on the Bitcoin blockchain. What is Counterparty? Counterparty (XCP) is a […]

Bitcoin Price Weekly Analysis – BTC/USD Eyeing Further Gains

Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next major resistances are […]

FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

The Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of more […]

United Bitcoin May Be the Most Controversial Fork to Date

Back on December 12 the well-known developer Jeff Garzik launched a Bitcoin Core (BTC) based fork called United Bitcoin (UBTC) after Segwit2x failed. At block height 498,777 the snapshot took place, and the UBTC network began just like the rest of the forks in existence, but claiming the tokens is far more complicated than one […]

Senate Candidate Accepts Largest Contribution in BTC

This week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines […]

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for […]

What College Kids Are Saying About Cryptocurrency

On Friday, February 9, I had the opportunity to attend a cryptocurrency talk hosted by my school’s computer science club. This event was just one of a plethora of talks that have been taking place at colleges and universities throughout the world. My college can best be described as a private, liberal arts college in the US with a […]

U.S. Marshals Auction Completes the Sale of 3,800 BTC

The U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to […]

Besides the Meme Jokes Crypto-Enthusiasts Are Actually Buying Lamborghinis

The luxury Italian sports car, Lamborghini, otherwise referred to as the “Lambo” has become a ‘holy grail’ for some cryptocurrency enthusiasts. As ridiculous as $200K+ automobile may sound to some individuals after bitcoin’s rise in 2017 that dream is now attainable for a lot of early adopters. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners […]

Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price

According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a phony invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary Authority (HKMA) and said […]

Dignitaries, Pundits, and Bigwigs Reveal Their 2018 Crypto-Predictions

Bitcoin and cryptocurrency markets have been extremely bearish over the past six weeks straight, and many investors are waiting for the light at the end of the tunnel. Last year around this time we reported on a variety of cryptocurrency dignitaries, pundits, and bigwigs and they revealed to us that their outlook for 2017 was […]

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 Price Weekly Analysis – BTC/USD Recovery to Fade Soon?

Key Points Bitcoin price declined sharply this past week and traded towards $7,500 against the US Dollar. There was a break below a crucial bullish trend line with support at $10,800 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair traded as low as $7,599 and it is currently correcting […]

Large European Power Company Will Not Sell Electricity to Crypto-Miners

This week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. Also read: Dead again? In Reality Bitcoin Is Up 729% Since Last February One of Europe’s Largest Power Companies Allegedly Evaluated Cryptocurrency Mining Operations The Italian multinational renewable-energy corporation located in Rome, […]