Category: Bitcoin

A New Bitcoin World

Bitcoin Touches a Milestone Price of $9K Across Global Exchanges

Bitcoin Touches a Milestone Price of $9K Across Global ExchangesThe price of bitcoin has crossed the $9,000 USD zone across global exchanges on November 26, 2017, at approximately 10:40 am EDT. Earlier this year, bitcoin’s meteoric price rise had crushed those who believed it would tank when it passed $2K, and has continued to exceed some of the more modest expectations. See also: New Trading […]

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November 26, 2017 0

Top Wall Street Analysts Set New Bitcoin Price Targets Above $10,000

Top Wall Street Analysts Set New Bitcoin Price Targets Above $10,000Prominent Wall Street analysts from Fundstrat, Standpoint Research, and Galaxy Investment Partners are pointing to a coming bullish run on bitcoin, pushing the world’s most popular cryptocurrency beyond even the once-thought lavish 10,000 USD price point, and soon.  Also read: Philippines to Legalize Bitcoin as a Security Wall Street’s Tom Lee Releases New Target CRYPTO FX (Lee): […]

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November 22, 2017 0

Survey Says 88% of Japanese Have Heard of Bitcoin

A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin. Also read: Local Japanese Government Considers ICO to Revitalize Region 88% […]

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November 20, 2017 0

Bankers Continue to Sound the Bitcoin Alarm

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin AlarmOf late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is doing everything in its rhetorical power to sway opinion.   Also read: Five Countries Where Bitcoin is Illegal World’s […]

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November 19, 2017 0

Survey Says Bitcoin Holders Won’t Sell Until Well Over $100K

Survey Says Bitcoin Holders Won't Sell Until Well Over $100KThree surveys in as many months of residents in the United States, encompassing more than 2,500 people, reveal growing interest in bitcoin and cryptocurrencies. The latest survey introduces eye-popping specifics regarding general belief in bitcoin’s power and a hodl strategy that’s nearly unimaginable.   Also read: Survey Respondents Say Bitcoin to Reach $10,000 Lendedu Survey Results Urge […]

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November 17, 2017 0

Are 2017’s Network Attacks ”Real” or Are Bitcoiners Growing Paranoid?

Over the past year or so there’s been a lot of discussion concerning ‘attacks’ on the Bitcoin network. Across forums and social media, the subjective valuations from bitcoin proponents of what an ‘attack’ on the network really is has become an extremely contentious topic. Also read: Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy The […]

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November 14, 2017 0

Bitcoin Cash Network Completes a Successful Hard Fork

Bitcoin Cash Network Completes a Successful Hard ForkAt approximately 4 pm EDT at block height 504031, the Bitcoin Cash (BCH) network successfully hard forked. The fork is a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA). Also read: Bitcoin.com Wallet Celebrates 500,000 Downloads in Three Months The Bitcoin Cash Network Has Successfully Hard Forked […]

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November 13, 2017 0

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK […]

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November 12, 2017 0

Bitcoin Cash Surges as Businesses Abandon Legacy BTC

Bitcoin Cash Markets Surge As the Pending Hard Fork ApproachesBitcoin cash is enjoying a new lease of life as major figures throw their weight behind the chain. In the wake of the abortive Segwit split, neither bitcoin nor B2x has prospered, with the latter failing to materialize and the former dropping below $6,800 for the first time in 10 days. BCH, meanwhile, hit $866 […]

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November 10, 2017 0

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum Experts

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum ExpertsKey protocols securing technology undergirding bitcoin are “susceptible to attack by the development of a sufficiently large quantum computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […]

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November 10, 2017 0