In this section you will find all news, analysis and forecasts related to bitcoin.
Bitcoin Cash Could Be a Potential Competitor to Bitcoin Lorien Gamaroff, the CEO and founder of Bitcoin Cash wallet Centbee says that bitcoin be moved from market by its rival sister. He said: “Bitcoin is slow and expensive and its market share…
South Korea: Petition Against Bitcoin Crackdown Reches 200,000 A petition to South Korea’s president demanding to stop the process of regulating crypto market has gained 200,000 signatures and is going to get an official answer. According to the country’s legislation, the government…
Bitcoin and Altcoins Under Pressure In Asian area it’s not a good trading day for bitcoin, nor for many other digital currencies. Currently, bitcoin is trading at $12,900 on Bitfinex Exchange, which is below the high of $14,300 affected earlier in the…
South Korea to Ban Cryptocurrencies Again Today South Korea’s Office for Government Policy Coordination published a statement about cryptoasset crackdown. According to it the crackdown in the country will not necessarily come imminently but as as relief to the bitcoin-mad country. Recently…
Electric Cars of Bitcoin & High Power Uses This year the global power needed to create cryptocurrencies, which could be rival to the entire electricity consumption of Argentina and a increasing driver for energy producers from the US to China. Morgan Stanley…
A Small State In Washington Mining Bitcoin A Bitcoin mining boom is set up in a small town Wenatchee with low power prices and cooler temperatures. We can mention a few reasons that made people to move to a small town. Perhaps,…
Bitcoin is a Bubble: Albert Edwards Albert Edwards, Societe Generale’s famous strategist thinks that there is no arguments bitcoin is a bubble. Edwards says that there is a more important bubble-the US stocks. He pointed that S&P 500 Index is more overbought…
South Korea Isn’t Banning Cryptocurrency Trading – For Now South Korean media outlet The Hankyoreh reports that the country won’t enforce a ban on cryptocurrency trading nationwide in the near future. This news reported after South Korean authorities set tax evasion on cryptocurrency trading…
IT Industry & Cryptocurrency Bans: South Korea On Friday IT firms showed concerns that the government crackdown on cryptocurrency trading may adversely affect the blockchain sector, which is the basic technology for such transactions. Digital Currency Market has become overly speculative recently…
Bitcoin Mining & Electricity According to a new report, this year Bitcoin could have a more power consumption than electric vehicles in 2025. Bitcoin mining process, which takes a lot of energy could require up to 140 terawatt-hours (TWh) of electricity during…
Bitmain’s Subsidiary Branch in Switzerland Bitmain, the Chinese bitcoin mining giant sets up Swiss branch after the country banned cryptocurrencies. Handelszeitung, a local Swiss site reported that the new branch was registered in a well known area called Zug last month to…
Japan’s First Crypto Fund with ¥300 Million Capital This month Fisco, a Japanese financial information provider is going to launch a crypto fund with capitalization of 300 million yen, which is about 2,6 million U.S. for investing in bitcoin and other cryptocurrencies….
Government Crackdown Rumors Caused Bitcoin Fall The bitcoin price has had another disappointing 24 hours of trade, Unfortunately for cryptocurrency traders. According to CoinMarketCap, bitcoin price is nearby 14,150 $, which is a decline almost 4% during the last 24 hours. Why…
Bitcoin ETFs Number Grows These days Bitcoin ETFs ( Exchange Traded Funds ) showed no shortage, besides Direxion Funds added leveraged bitcoin strategies to the ETF’s long list. This event started three years ago, when the Winklevoss brothers first registrated a physical…
South Korean Exchanges Cut by CoinMarketCap After an active weekend, which lead the whole crypto market to a new high of $800 billion and some crypto exchanges were closed, the analytics website CoinMarketCap made a decision to cut data from South Korean…
Bitcoin, Ethereum and Ripple Are Moving Down On Monday the three largest cryptocurrencies in the world are falling. The digital coin Ripple leads the slump. Bitcoin and Ethereum are also dropping down. Here are the current standings according to CoinMarketCap: Bitcoin (BTC):…
South Korea Take Measures on Bitcoin with China and Japan The Financial Services Commission (FSC) informed on Monday that the authorities of China and Japan will cooperate with Koreas financial regulator to curb speculation using digital tokens. FSC Chairman Choi Jong-ku said…
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Mark Zuckerberg Interested In Cryptocurrencies for 2018 Cryptocurrency enthusiasts were encouraged by Facebook CEO Mark Zuckerberg. In his post Zuckerberg wrote: “There are important counter-trends to this — encryption and cryptocurrency — that take power from centralised systems and put it back…
