After days of good performance, the largest cryptocurrency by market capitalization, Bitcoin, surged to its highest level in over a month on Tuesday, continuing its post-Tax Day rebound.
One of the advantages of using blockchain is that it is supposed to make transactions cheaper than using other conventional payment methods. However, transaction fees associated with moving…
The Public Utility District (PUD) 3 passed a moratorium which puts a hold on Bitcoin mining and allows officials to study the effects of cryptocurrencies.
"When we first pitched my company Lightning Labs, we actually took the word ‘bitcoin’ out of our deck and our marketing material because it was so much about blockchain," said CEO Elizabeth…
Mark Cuban previously called Bitcoin a "bubble" when the price went down in June 2017. He explained his statement in a tweet, "I’m not questioning value, I’m questioning valuation."
Vitalik Buterin said, "Given that he makes so many non sequiturs and mistakes, why is this fraud allowed to speak at this conference?"
Intel says that the hardware will include "a processor core and a hardware accelerator coupled to the processor core, the hardware accelerator to mine digital currency."
Comparing Bitcoin and Nasdaq's behavior, Sheena Shah, Morgan Stanley's strategist said, "The bitcoin rally was around 15 times the speed."
Tom Lee's prediction for Bitcoin's price is based on a logarithmic chart which includes notable price declines since 2010.
Mt. Gox trustee says that he "sold BTC and BCC ... in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the extent possible."
A study was conducted by Square Inc. on merchants who use IT services. The results showed that out of 100 retailers in different industries, 60% preferred Bitcoin.
According to Coin Market Cap, all cryptocurrencies, including Bitcoin, are in the red – Ethereum by 13%, Ripple by 11%, Bitcoin Cash by 13% and Litecoin by 9%.
"We do not currently recognize Bitcoin ... The banking system does not accept it," said People's Bank of China's governor Zhou Xiaochuan in the annual parliament session.
The cryptocurrency wallet and exchange, Coincheck, lost $534 million's worth of NEM in "the biggest theft in the history of the world" in January 2018.