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Ebay “Seriously Considering” Adding Bitcoin Payments

Type “Bitcoin” into online marketplace giant eBay’s search bar, and you’ll discover an absolute plethora of bizarre items which loosely relate to the world’s hottest cryptocurrency. There are more eBook investment guides than you could read in a lifetime, pointless pieces of circular plastic with the assumed Bitcoin logo emblazoned upon them, mining contracts and […]

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What Is Litecoin, and Why Is It Beating Bitcoin This Year?

With digital currency Bitcoin taking the spotlight in 2017, it’s hard to remember the other cryptocurrencies that have been growing in its shadow. An increasingly-prominent example: Litecoin. The fourth largest digital currency by market capitalization has gone positively vertical this year, with Litecoin prices breaching $320 for the first time Tuesday. Since the start of 2017, […]

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The Essential Guide On How To Buy Bitcoins

In 2009, Satoshi Nakamoto launched bitcoin, the world’s first fully decentralized cryptographic financial network. After bitcoin first launched, people who invested even just minuscule amounts saw their investments skyrocket. For instance, one Norwegian’s $27 investment turned into $886,000 after just four years. Even with fairy tail stories like these, the idea of investing in cryptocurrency was […]

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Wall Street Breakfast: Bitcoin Mania Lands On Wall Street

Futures on the world’s most popular cryptocurrency – trading under symbol “XBT” – surged as much as 25% to $18,850 during their debut session on the CBOE Futures Exchange, triggering two temporary trading halts meant to cool volatility. About 2,700 contracts for January changed hands. Bitcoin rallied as the futures launched, up 12% to $16,773, […]

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Why Bitcoin Is Scary

SummaryCapped Total Circulating Supply: This is widely viewed as a benefit, but there are risks to consider.Bitcoin Transaction Fees: Transactions involving bitcoin are not cheap.Environmental Impact: Bitcoin mining uses a tremendous amount of energy to support the ledger and mining operations.The Transaction Issue: All Bitcoin transactions are not equal. There is a low Transaction Per […]

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People are taking out mortgages to buy bitcoin, says securities regulator

​Bitcoin is in the “mania” phase, with some people even borrowing money to get in on the action, regulator Joseph Borg said.”We’ve seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines,” he said.Bitcoin has been soaring all year, starting out at $1,000 and rocketing above $19,000 on the Coinbase […]

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Court Sentences Detroit Man For Trading Bitcoin Without Proper License

A federal court has sentenced a Detroit man to a year and a day in prison and three years of supervised release for trading bitcoin without a money service license, according to the U.S. Attorney’s Office for the District of Maine. The man, Sal Mansy, 41, has been sentenced along with his company, TV TOYZ LLC. […]

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Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived

Bitcoin cash (BCH) is well bid today, but a close look at the numbers indicates the positive move could be deceptive. Prices dropped for the third straight day yesterday, signaling a transient victory for the bears in the ongoing tug of war with the bulls. Looking like it would head lower towards $850 (Nov. 17 low) earlier […]

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Correction Coming? Bitcoin Retreats After $17k High

Bitcoin prices are suffering this morning, following a record spike to over $17,000 overnight. As per CoinDesk’s Bitcoin Price Index (BPI), the cryptocurrency looked set to revisit the new high of $17,364 hit yesterday at 16:29 UTC, but ran out of steam at $17,153.94 at 1:59 UTC. Since then, however, bitcoin has taken a sharp downturn and […]

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