Bitcoin Price Key Highlights Bitcoin price was almost non-stop in its climb last week, reaching new highs past the $7500 mark. Price appears ready for a pullback from here and the 61.8% Fib lines up with the trend line support. Oscillators are hinting at uptrend exhaustion so a correction might be needed before bitcoin price heads further north. Bitcoin price had a stellar rally in the past few days but could be due for a quick pullback to draw more Read more …
Technology Right now people keep hearing about the pending fork scheduled for on or around November 16. Because software forks and blockchain splits can be a confusing subject, we want to explain just what a fork is and what it means for all the network participants involved. Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough What is a Bitcoin Fork? If you are just getting involved in cryptocurrencies, and you’ve done a little research, you Read more …
A South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency […]<br />The post South Korea vs USA – Movie Stars Show How to Survive on Bitcoin for a Week appeared first on The Bitcoin News Read more …
London, UK: On 7th of November David Agar, the CEO of Bank4YOU Group is going to present the demo version of the Bank4YOU e-wallet app with MMRS system to a vast community of fintech innovators at the one of the most influential conferences in the world – FinovateAsia. [Note: This is a press release.] The MMRS ICO Campaign launches on 6.11.2017 Each user of Bank4You’s mobile wallet will soon have an account where tokens can be stored in different local Read more …
Featured A South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency Bitcoin-Centric TV Program The South Korean mainstream broadcast TV station, Asia Economic TV, has produced and broadcasted a reality show that Read more …
Op-Ed Run-ups of the kind bitcoin is having in price and valuation make fertile ground for scams. Scams are valuable and very teachable moments. Skin in the game, by having plunked hard-earned cash down to see a return on investment, means vigilance and due diligence are musts. Also read: GAW/Paycoin CEO Josh Garza Held Liable for $9 Million USD for Wire Fraud Scams Immediately Offend Morality Scams, taking advantage of people who trusted in a business’ integrity, Read more …
Deutsche Bank lead strategist Jim Reid believes the reign of fiat money could soon end and cryptocurrencies like bitcoin could take over the global financial market. In a recently released research paper, Reid delve extensively into the unstable fiat currency system and firmly stated that the fiat currency system will highly likely come to an end in the upcoming years. Reid stated: “Central banks and governments which have ‘dined out’ on the 35 year secular, structural decline in inflation are Read more …
Markets and Prices As of this writing, bitcoin has a market dominance of 62.7% – representing more than 60% of the entire cryptocurrency markets for the first time since April 2017. Also Read: Markets Update: Cryptocurrency Market Cap Now Commands $200 Billion Bitcoin Continues to Reclaim Market Dominance Bitcoin’s current total market capitalization is more than $126.5 billion USD – currently comprising approximately 62.7% of the $202 billion USD cryptocurrency markets. At the beginning of 2017 bitcoin had Read more …
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. “There is an ICO boom, and most projects are eager to attract even more money for financial services development. The share of projects aimed to solve the society problems is precious little. According to ICO Read more …
Not even taking a breather on weekends, Bitcoin prolonged its quick, unrelenting flight into the stratosphere, hitting a new all-time high of $7,600 USD, on Sunday, November 5, 2017. Snubbing threats from governments and influential bankers to crush it, and facing uncertainty due to the imminent Segwit2x hard-fork, Bitcoin continues to thrive spectacularly. Investors Shrug off Bitcoin’s Volatility, Lack of Liquidity, and Uncertainty Economic theories that would explain Bitcoin’s skyrocketing prices for four consecutive weeks no longer seem to be relevant. Read more …
Altcoins Uruguay’s Central Bank (BCU) formally presented rollout of its pioneering digitization of the Uruguayan peso on 3 November 2017. Set now as a pilot program, the bank’s head was careful to remind it “is not a cryptocurrency such as bitcoins,” but “a currency that remains the responsibility of the BCU,” according to an Argentinian report. Also read: Uruguay Urged to Provide Services to Cannabusiness – Or Bitcoin Will Uruguay to Issue Digital Currency In what will surely be watched by the world’s central bankers, the Read more …
Political uncertainty in the Middle East has risen to an all-time high, with Saudi Arabia arresting the richest Arab in the world, Prince Alwaleed bin Talal. Could this result in a shift to Bitcoin, the digital safe haven, in the Middle East? Saudi Arabia’s crackdown Saudi Arabia has initiated a sweeping crackdown, ostensibly against corruption, today. King Salman has ordered the arrest of senior princes and ousted many senior officials from ministerial roles. The list of people arrested includes Prince Read more …