The authorities in India have taken a hard line against the adoption and spread of Bitcoin in their country. The recent development is that Indian banks are now restricting services from accounts suspected to be connected with Bitcoin trading.
Entering the cryptocurrency market has always been a risky move if you stay lax and uninformed. There has been news of coins being stolen from one exchange or the other over the years. Recently, a bug was discovered in Electrum which made it vulnerable to coin theft. If you use this wallet, this piece is for you.
Bitcoin's price on Sunday hit a new all-time high, exceeding expectations and predictions of many in the world of cryptocurrencies.
Reports that Bitcoin futures markets would soon open was greeted around the crypto world with joy. The belief was that this development would launch a path for Bitcoin to become mainstream and for more traditional funds to enter the market. However, CBOE's Bitcoin futures market has been somewhat disappointing.
Just last week, the cryptocurrency mining marketplace NiceHash was hacked and 4,700 Bitcoin was stolen from their wallet – which is the equivalent of $60 Million USD. And the owners have vowed to reimburse it back to their users.
The unprecedented rate at which Bitcoin has been appreciating is starting to pique the interest of regulators. The South Korean government is set to be the latest authority to make new moves to rein in the Bitcoin frenzy while other regulators are warming up to the idea.
Stephen Roach is the latest addition to the voices on Wall Street bashing Bitcoin and proclaiming that cryptocurrencies have no future. According to him, Bitcoin is a dangerous bubble that will eventually burst.
Are you ready to risk everything on Bitcoin? Tough question, right? But not so tough for this 39-old Dutchman. The father of three is prepared to dare it all on Bitcoin.
Australia is set to regulate Bitcoin all thanks to news that the Australian parliament will vote on a new bill to further strengthened the country’s anti-money laundering laws.
Bitcoin Cash, Bitcoin Gold, and now Bitcoin Diamond. Bitcoin is less than a decade old but it has birthed three 'precious' children, all in the space of 4 months. We live in interesting times.
On Monday, almost $31 million was reportedly stolen from a digital wallet called Tether, reminding us of the vulnerability of cryptocurrencies, a thing which needs to be fixed quickly.
Nothing seems capable of stopping Bitcoin's rise and shine. The world's most valuable crypto-coin has appreciated more than 700% since the turn of the year. On Sunday it hit a new all-time high, rising above $8,000 at exchanges worldwide. This is after falling to $5,500 the previous Sunday.
Bitcoin, over the course of the weekend, fell as much as 29% and rose back up on Monday in what is regarded to as a wild 72-hour market frenzy. What is going on here?
Bitcoin Gold, a "friendly" Bitcoin hard fork aimed at making Bitcoin "decentralized again" was birthed on the 25th of October 2017. However, the network was private and was unavailable to users and miners. But recent developments have revealed it will soon go live and the coins will be made available too.
One week after the last Bitcoin hard fork, the Bitcoin Gold developer team has added replay protection to its network, indicating that they are serious about the project. Apart from this, they have called out scam websites and wallets trying to impersonate BTG to dupe investors.
Bitcoin has a lot going for it at the moment. On Wednesday the coin hit a new record high of $6,600 hours after CME group announced that it would open a futures market for the cryptocurrency. And now it just keeps on climbing!
Bitcoin Gold, the latest fork off the Bitcoin network depreciated by 75.9 percent twenty-four hours after it was launched. What does this mean for its future?
In a positive note, Japan is the latest country to open its arms to welcome Bitcoin.
Jamie Dimon just can't win with Bitcoin. Whenever he talks about Bitcoin- usually predictions of doom, the virtual currency turns around and throws a virtual spit in his face. Despite predicting doom and downfall for Bitcoin on a consistent basis, the crypto-coin keeps going up and up.
Kenneth Rogoff has reflected the opinion of JP Morgan CEO Jamie Dimon, saying Bitcoin is a bubble that will eventually burst. However, he believes the crypto coin's underlying blockchain technology is here to stay.
We have seen how in the past few weeks, China joined South Korea in shutting its door on some cryptocurrencies, but another financial giant; Goldman Sachs could be opening its door soon to Bitcoin trading.