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Litecoin Versus Bitcoin

Summary Bitcoin is considered to be digital gold to many investors whereas Litecoin is considered digital silver. Several technical and marketing advantages of Litecoin are explained. Bitcoin has gone up 1,300% in one year whereas Litecoin is up 2,400%. Bitcoin is getting all the attention these days. But, there are many alternatives to Bitcoin if […]

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Nobel Prize-Winning Economist Says Bitcoin Should be ‘Outlawed’

Joseph Stiglitz, Nobel Prize-winning economist, has made the claim that bitcoin ‘ought to be outlawed,’ at a time when the digital currency is experiencing record highs. In a Bloomberg Television interview, the 74-year-old American economist and professor at Colombia University, said: It seems to me it ought to be outlawed. It doesn’t serve any socially useful function. His comments […]

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Topped Out? Bitcoin Flirts with Bearish Reversal

Bitcoin prices are taking a hit at press time, and could suffer a deeper pullback over the weekend, the price charts indicate. Notably, it’s only been a day since the cryptocurrency clocked an all-time high of $11,363.99, before falling more than 15 percent to $9,295.79, as per CoinDesk’s Bitcoin Price Index (BPI). In the Asian hours, […]

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Bitcoin Futures Trading is Coming to Nasdaq, the World’s Second Largest Stock Market

The $6.831 trillion stock market Nasdaq, the world’s second-largest stock exchange behind New York Stock Exchange, will enable bitcoin futures trading by mid-2018. Nasdaq and Cantor to Integrate Bitcoin by First Half of 2018 A Wall Street Journal report revealed that Nasdaq and Cantor Fitzgerald & Co. will list bitcoin futures within the first half of 2018. […]

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Drivers and risks of the cryptocurrency boom

The rapid price swings of cryptocurrencies are prompting volatility-starved investors to examine ways to join the biggest speculative boom since the dotcom fever. The best known, bitcoin, has in the space of 24 hours this week rallied to an all-time high of $11,434 before sinking as much as 21 per cent to $9,009, having only […]

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Bitcoin Cash Plans to Increase Its Block Size, Again

Bitcoin cash developers have made “tentative” plans to increase the cryptocurrency’s block size again next year. At least, that’s according to a new, rough six to 12-month roadmap released yesterday by the bitcoin offshoot’s main developer team, Bitcoin ABC. The roadmap notably includes two hard forks – an upgrading method that requires everyone running the software to […]

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Bitcoin Cash Demand Shocked Us, Says Circle Trading Chief

The pace at which bitcoin cash – the cryptocurrency that forked off the main bitcoin blockchain earlier this year – gained trading volume was “shocking,” according to Circle’s head of trading. Speaking during a panel at CoinDesk’s Consensus: Invest event in New York, Circle’s Dan Matuszewski noted that the startup – which operates a trading […]

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SpaceX Intern Claims Founder Elon Musk Created Bitcoin

The crypto-sphere has been awash recently with stories claiming that the creator of Bitcoin is none other than SpaceX founder and Tesla CEO Elon Musk. Nobody really knows the true identity of Bitcoin’s father other than the pseudonym Satoshi Nakamoto and its elusive connotations. Interest has surged in the cryptocurrency which is currently teetering on breaking the […]

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Bitcoin Guns for $10,000 as Cryptocurrency Mania Defies Skeptics

This year’s 10-fold increase adds to 120% gain in 2016 Institutional investors seen entering: Gatecoin’s Glucksmann Bitcoin blew past $9,700 just a week after topping $8,000 and approached its closest ever to five figures, gaining mainstream market attention as it defies bubble warnings. The biggest price jump since August consolidated during Japanese trading hours and […]

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Cryptocurrency Will Get Wider Adoption, Says US Global Investors CEO

Though it is difficult to predict which cryptocurrency will succeed or fail in the future, the market in general may get adopted at a large scale the same as the internet, believes US Global Investors CEO Frank Holmes. As Bitcoin scales new heights and the cryptocurrency market reaches new thresholds, it is difficult to forecast […]

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