Bitcoin might be magical internet money, but it has a very physical side in the form of the mining equipment needed to maintain the network. And if you’re someone that doesn’t like to leave an online trail or use a credit card for all your purchases, nothing beats a...
A Wikipedia competitor that is moving onto the blockchain just landed $30 million in funding in an equity deal involving a number of investors, including a fund overseen by Mike Novogratz's new merchant bank Galaxy Digital. Everipedia, founded in 2015, will use the money to fund a blockchain protocol the...
Political candidates may be watching the ups and downs of bitcoin a little more now because it could be the new frontier for increasing campaign contributions. Missouri Republican Austin Petersen's campaign for Senate received 24 bitcoin donations, valued at a total of $9,700, the campaign said in a statement released on Jan....
Speaking at the Nordic Business Forum in Sweden, Apple co-founder Steve Wozniak admitted he has sold off almost all of his Bitcoin holdings — keeping some to “experiment” with. Despite this, he’s still a keen supporter, maintaining the that the cryptocurrency is superior to gold and fiat currencies. Wozniak became...
The bulls are back in town — or at least, that’s the impression one gets from the charts this morning. Remarkably, the 100 largest cryptocurrencies all rose against the US dollar on Wednesday, and — even more astonishingly — each one achieved a double-digit percentage advance, excluding the USD-pegged...
The chairmen of two top US market regulatory agencies largely stuck to the script during Tuesday’s Senate hearing on potential cryptocurrency regulations. The hearing, which was held by the Senate Committee on Banking, Housing, and Urban Affairs, touched on a broad range of regulatory concerns related to cryptocurrencies and blockchain...
The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight...
Despite falling crypto prices, the installation and use of Bitcoin ATMs have surged in recent months, with 5 popping up every day. The picture looks pretty bleak for Bitcoin at the moment. Since the beginning of the year, the king of crypto has lost over 50% of its value, falling...
The price of Bitcoin has fallen a stomach-wrenching 64.5% since December 17, 2017. The combined market capitalization of the industry now stands at just $338 billion. A picture tells a thousand words: That’s a big drop for any market. However, a price crash in Bitcoin or any other cryptocurrency is nothing new. Bitcoin dies...
Bitcoin, the world's largest cryptocurrency by market capitalization, is hovering just above the $7,000 mark per coin as the digital currency market suffers one of its most widely covered and harshest sell-offs in recent history. In December, the bitcoin frenzy hit its peak with the cryptocurrency flying to record highs near the $20,000 mark. While investors may be extremely unsettled...