Bitcoin Updates

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The Lightning Network Could Make Bitcoin Faster—and Cheaper

In 2014, Joseph Poon and Thaddeus Dryja were bitcoin-obsessed engineers hanging out at pizza-fueled meetups in San Francisco. Their conversation …

Bitcoin

Bitcoin and Ethereum Have a Hidden Power Structure, and It’s Just Been Revealed - MIT Technology Review

In cryptocurrency circles, calling something “centralized” is an insult. The epithet stems from Bitcoin creator Satoshi Nakamoto’s revelation: a …

Bitcoin

Bitcoin price latest: Cryptocurrencies will rebound despite market crash, say veteran investors

Suggestions that cryptocurrency trading could be banned has sent South Korean investors running and the price of bitcoin plunging. But many suggest …

Cryptocurrency

Bitcoin is a mere drop in the ocean of blockchain opportunities: We're already thinking outside the box

London Blockchain Week kicks off tomorrow, bringing together experts from around the world to share their new and exciting applications for …

Bitcoin

This Is How China Is Stifling Bitcoin and Cryptocurrencies

China, home to the world’s biggest community of Bitcoin miners, is cracking down on cryptocurrency activity. From a halt to virtual currency trading …

China

One person is probably responsible for almost 600 percent of Bitcoin's price rise

Bitcoin is complicated. From what, exactly, it's good for to who created it, there remains a host of unanswered questions about the world's foremost …

Bitcoin

China’s about to deal a final blow to its bitcoin whales

China is set on stopping its citizens from trading bitcoin.<p>Chinese authorities plan to widen their crackdown on domestic crypto-trades, by targeting methods including over-the-counter trading, offshore sites used for centralized trading, and peer-to-peer trading of large transactions, according to …

Bitcoin

The CEO of the oldest bitcoin exchange says all platforms are struggling with 'the massive, massive amount of new users'

• <b>New customer sign-ups on the cryptocurrency exchange Bitstamp rose from 10,000 a day at the start of 2017 to over 100,000 by the end of the year.</b>• <b><br>The surge corresponded with the huge rise in the price of bitcoin last year, Bitstamp's CEO told Business Insider.</b>• <b><br>Bitstamp had to hire lots of new workers</b> …

Cryptocurrency

Here's why cryptocurrency prices are tanking right now

All major cryptocurrencies are experiencing a severe price correction, with the size of the market shrinking from about $830 billion a week ago to …

Cryptocurrency

Bitcoin miners have extracted 80 percent of all the bitcoins there will ever be

Although bitcoins are bought, sold, and lost more today than ever before, the rate of new bitcoins being created is starting to slow. The reasons …

Cryptocurrency

Cryptocurrency Market Suffers Another Major Correction as Bitcoin, Ether, Ripple Fall

Advertisement<p>The cryptocurrency market experienced yet another major correction for the second time this week, as the price of both major and small …

Bitcoin

US Marshals to Auction Off Bitcoins Worth About $52M

Interested in getting in on the Bitcoin boom? Here's your chance.<p>The US Marshals this week announced plans to auction approximately 3,813 bitcoins, which were seized in connection with various federal criminal, civil, and administrative cases. According to Bitcoin.com's price converter, that's …

Bitcoin

Forking Bitcoins bring two new cryptos

Last year Bitcoin forked multiple times but the most successful one was Bitcoin Cash providing a rival chain that caused a rift within the BTC …

Bitcoin

Why South Korea's Cryptocurrency Crackdown Could Pop the Bitcoin Bubble

And why Ethereum and Ripple could be the big losers<p>South Korea continues to roil the cryptocurrency markets.<p>On Thursday, after Justice Minister Park …

Cryptocurrency

Bitcoin: The Big Short Is Already Here And It Could Get Far Worse

While some retail investors are taking out mortgages to buy Bitcoin many institutional market participants are stacking up massive bets against the …

Bitcoin

Bitcoin price plummets as South Korea's plan to ban cryptocurrency trading sends market into turmoil

The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.<p>The clampdown in South Korea, a crucial …

Bitcoin

Bitcoin isn't the bubble — the global financial system is

Pretty much every article you read about bitcoin in the mainstream press ends up in the same place. You may not hear it until the seventh or eighth …

Economy

The Bank Of England is planning a Bitcoin-style virtual currency – could it really replace cash?

The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?<p>Governments are extremely worried about …

Cryptocurrency

Bitcoin tops $16,000, and its $271B market value passes Home Depot's

The Bitcoin gold rush accelerated Thursday as the world's best-known digital currency barreled through $14,000, $15,000 and $16,000 in an extraordinary price run-up that now values the cryptocurrency at $271 billion, eclipsing Home Depot's market worth.<p>Bitcoin's surge — which many Wall Street pros …

Cryptocurrency

Did Anyone Do Even a Minimal Check on the Sensationalist Bitcoin Electrical Consumption Story?

<b>Let’s start with a primer on how to write a sensationalist story that can be passed off as “journalism:”</b><p>1. Locate credible-sounding data that can be …

Bitcoin Haters Don't Get Its Gold-Like Qualities, Goldman Says

Bitcoin is a commodity with many similarities to gold, and the volatility that has sparked investor concern stems mainly from its lack of liquidity, …

Bitcoin Just Plunged 20% in a Matter of Hours

Hours after surging past $11,000, bitcoin tumbled almost 20 percent from the high, wiping more than $2,000 from its price in five hours. It traded at …

Bitcoin nears $10,000 mark as hedge funds plough in

Cryptocurrency now worth seven times an ounce of gold, with market cap higher than IBM, McDonald’s or Disney – but analysts warn of ‘a huge bubble’<p>Bitcoin mining consumes more electricity than Ireland<p>Bitcoin has hit a record high after passing $9,000 (£6,700) and is close to reaching five figures …

Bitcoin

Tom Steyer defends $20M ad campaign calling to impeach Trump

<b>Washington (CNN) —</b> Democratic mega-donor and billionaire environmentalist Tom Steyer on Sunday defended his $20 million national television and digital ad campaign calling for Congress to impeach President Donald Trump, saying "it's very important and urgent that we get him out of office."<p>"The fact …

Tom Steyer

Bitcoin Guns for $10,000 as Cryptocurrency Mania Defies Skeptics

Bitcoin blew past $9,700 just a week after topping $8,000 and approached its closest ever to five figures, gaining mainstream market attention as it …

Bitcoin Surges on Hopes That Upcoming Split May Be Avoided

Bitcoin soared to a record after a technology upgrade that was threatening to disrupt the biggest cryptocurrency was called off, removing another …

5 reasons bitcoin is roaring to its highest level ever, defying Dimon’s ‘fraud’ call

Bitcoin notched a fresh record on Friday and solidified its recent run-up in price after tumbling on the back of a series of critical comments, …

Amazon.com Inc

IMF Head Foresees The End Of Banking As Bitcoin Surges Above $4400

In a remarkably frank talk at a Bank of England conference, <b>the Managing Director of the International Monetary Fund has speculated that Bitcoin and</b> …

Uncertain legal status of financial transactions in marijuana industry lead to bitcoin, cryptocurrency development

Increasingly, bitcoin and related cryptocurrencies are becoming the choice for most financial transactions within the nascent marijuana industry as …

Cryptocurrency