After Dramatic Price Swings, Coinbase Issues Plea to Investors
In the wake of recent commotion and frenzy, Coinbase has issued a blog post plea. As nutty a year as bitcoin is having, one could make an argument the San Francisco-based cryptocurrency exchange is having an even crazier one: crashes, IRS threats, tens of thousands of new user requests a day, entering the top 500 […]
Danish Woman Arrested After Allegedly Paying for a Fake Darknet Hitman With Bitcoin
A woman has appeared in court after trying to pay a darknet assassin in bitcoin to kill her partner. Her attempt failed, not due to high transaction fees or a mempool backlog, but because the hitman was fake. Now, the 58-year-old is facing a possible life sentence for attempted murder. Also read: Deep Web Roundup: […]
Chinese Real-Estate Merchants Are Tapping Into the Cryptocurrency Market
Property Investors from Wenzhou, Zhejing Province, which has a reputation as the home of China’s savviest businessmen, are dabbling in the cryptocurrency market for new investment opportunities. Instead of holding Bitcoin, their focus is on forked coins. Also Read:Bitfinex Experiences Withdrawal Difficulties “Bitcoin Will Evolve into a Capital Game” In 2008, a Wenzhou merchant surnamed […]
With BTC/USD now running into five figures – seven if you include decimal points – bitcoin has become unwieldy. It’s time to consider alternative ways of measuring the cryptocurrency, especially when dealing with fractions of a coin. The average layperson can quote the price of 1 BTC, give or take. Ask them to calculate the […]
Bulgarian Official Denies Country Possessing $3.2 Billion in Bitcoin
In May, a series of raids by Bulgarian law enforcement were reported to have resulted in the seizure of over 213,000 BTC, at the time valued at more than $500 million and now worth $3.2 billion USD. Yesterday, however, the head of Bulgaria’s Special Prosecutor’s Office, Ivan Geshev, stated that the Prosecutor’s Office and the […]
Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use?
It’s a question which surfaces daily on Telegram, Twitter, and Reddit: “Which exchange should I join?” The cheapest and most reliable means of purchasing cryptocurrency is generally through an exchange which will take your fiat currency and swap it for crypto. But with dozens of exchanges to choose from, each offering different features and currencies, […]
Three Times as Much Bitcoin Cash Has Been Claimed as Bitcoin Gold
The public’s appetite for forked coins seems to be diminishing. Data shows that around 6.6 million BCH has been claimed to date, compared to just 2.2 million BTG. There’s still time for more bitcoin gold to be claimed, but thus far most holders have been deterred from doing so. Reasons include BTG’s low value compared […]
Trading Column `The Writing on the Wall´ – Shorting the Great Bitcoin Bull
This is a weekly trading tips series called ’Writing On The Wall’, in which our game theory guide, Eric Wall, tries to decipher those writings. This week, shorting bitcoin. I absolutely abhor having to short bitcoin. As a long-term believer in bitcoin, it goes very much against my beliefs to short what I consider to […]
Markets Update: Bitcoin Markets Retrace to the $15,000 Area
The price of bitcoin has undergone a significant retracement today, trading within a 20% range, having fallen from an all-time high of over $17,000 to establish support at just below $14,000. As of this writing, the price is consolidating in the $15,000 area. Also Read: Study Finds Majority of ICOs Do Not Provide Adequate Information to […]
10 Japanese Cryptocurrency Exchanges and Tokyo Police Unite to Fight Cyber Crime
Ten Japanese cryptocurrency exchanges have signed an agreement with the Tokyo Metropolitan Police Department to collaborate to prevent cyber crime. Along with growing bitcoin adoption in Japan is the number of cybercrime cases including unauthorized access to online accounts and money laundering. Also read: Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges 10 Exchanges […]