The cryptocurrency market cap has breached $300 bln, according to marketcap.com, with gains in many of the major currencies, particularly as Bitcoin price has jumped over $9,500. The market cap has been driven by a number of factors, but Bitcoin continues to maintain a 53 percent dominance in the total cap. The market cap surge has been spurred on by a huge jump in the value of Bitcoin, but other coins have also had excellent weeks. Ethereum and Litecoin had Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Back in 2013, James Howells made headlines when the story of his missing hard drive came to light. Howells was an early Bitcoiner who mined 7,500 Bitcoins back in 2009 with his laptop – when the cryptocurrency was still easily mineable, and barely worth anything. According to The Guardian, he mined them on a Dell laptop for over a week and stopped mining because his girlfriend complained the Read more …
The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals. On Bithumb – the region’s largest exchange by trade volume – bitcoin is trading at roughly $10,052. On exchanges Coinone and Korbit, the cryptocurrency is trading at around 10,979,500 KRW ($10,108) and 10,960,500 KRW ($10,047), respectively. By contrast, the majority of the world’s bitcoin exchanges are seeing prices between $9,500 and $9,700, according to data from CoinMarketCap.com. CoinDesk’s Bitcoin Price Index (BPI) is Read more …
Cryptocurrencies seem to be getting more and more powerful each day. At this rate, it’s not unlikely that people will be dealing solely with digital cash and crypto-coins in the near future. Maybe someday banks will only be studied in the history books. Decentralization of currency is a concept that has always dealt with more criticism and skepticism than anything else. People always considered an organization or a central committee to be more responsible than independent individuals – but cryptocurrencies Read more …
Emerging Markets Several Russian analysts have made comments regarding bitcoin and cryptocurrencies in recent weeks. German Gref, the head of Sberbank, has stated that cryptocurrencies are becoming a part of daily life in Russia, whereas as the head of VTB International, Riccardo Orcel, has stated that Russian interest in bitcoin has been overblown by the media. In other news, Etoro analyst, Mikhail Maschenko, discussed the growing perception of bitcoin as a hedge against the traditional financial markets Read more …
There are a number of threats to any asset, be it gold, fiat currency or even stocks. Some of these have real-world issues, such as loss, theft or destruction, and Bitcoin is not separate from that. There is more than enough literature on the theft of Bitcoin, people leaving themselves exposed to cyber criminals, but there are also instances where people are losing their coins. Just like Gold can be sunk with a pirate ship, or wads of dollar bills Read more …
The price of the virtual currency Litecoin reaches an all-time high of $87 per token on as of press time, amidst the sustained solid performance of the cryptocurrency market. It is projected that the price of the digital currency could even surpass the $100 level before the year ends. The trading of Litecoin has reached almost $381 mln in a 24-hour period across all trading exchanges. This shows that the digital currency is moving towards it all-time high as Bitcoin Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The total cryptocurrency market cap has achieved another historic milestone. Buttressed by a record-setting bitcoin price rally, the total crypto market cap has crossed the $300 billion threshold for the first time — making the combined capitalization of all cryptocurrencies more valuable than Bank of America. Source: CoinMarketCap In the past week alone, the total cryptocurrency market cap has grown by more than $60 billion — a Read more …
As Bitcoin skyrockets towards $10,000, having hovered around $800 in January this year, people are rejoicing and celebrating the wild ride. However, as the rollercoaster seemingly only continues ticking upwards, there have to be some nagging questions. Bitcoin has received more and more good news, especially when it comes to adoption. News about ETFs and Futures has attracted many Wall Street bankers, and all their institutionalized money flows into the digital currency realm. The ease and availability of Bitcoin is Read more …
Any way you slice it, blockchain software upgrades are proving messy business. And in some ways, this is by design. Due to the nature of blockchains as opt-in systems, changes to the rules of the code require broad agreement. Everyone with a stake in helping run the protocol must decide not to simply copy what’s been created and start fresh, as they have with the ethereum classic and bitcoin cash forks. But that’s not to say technologists aren’t searching for a better way, Read more …
A record-breaking fortnight for Bitcoin seems to have been a boon for GPU manufacturers as we enter a new week. Rivals Nvidia and AMD have had differing successes on the stock market in recent months, with the former enjoying far more success. A $2,000 rise in value for Bitcoin in as many weeks has seen Nvidia enjoy a two percent increase in their share price. Mining up a storm As the likes of Bitcoin, Ethereum, Bitcoin Cash and their many competitors increase Read more …
AlphaEx.net will maintain XinFin’s XDC trading pair against ETHEREUM, BITCOIN and Ripple to provide liquidity for it’s tradefinex, remittance and IoT Pilot projects with global institutions. (For Immediate Release) AlphaEx.net today announced that it will start XDC/ETH, XDC/BTC and XDC/XRP trading pairs to assist XinFin.org on it’s various pilots for remittances, tradefinex and IoT pilot projects that various regulated global institutions are currently undertaking on XDC01 protocol. XDCs or XinFin Digital Contracts are native fuel that power the XinFins Hybrid Read more …