2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin … Read more

Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor?

The rise of ripple (XRP) over the past eight months has been interesting to many digital asset spectators and the network also has its fair share of controversy. At the moment XRPs are trading at an average of $2.20-2.40 per token and ripple’s total market valuation has captured $91Bn this week. Many skeptics are wondering … Read more

Markets Update: BTC Value Against the Dollar Continues to Slide

Another holiday cryptocurrency market slump is here as bitcoin, and a broad swathe of other digital assets, are hitting new lows during New Year’s Eve weekend. On Saturday, December 30 around 7am EDT, the price of bitcoin (BTC) touched a low of $12,240 across global exchanges after coasting along at $14,300 for most of Friday’s … Read more

Poloniex Now Requires Legacy Trading Accounts to Verify Identity

This week the popular cryptocurrency exchange based out of Delaware, Poloniex, has issued a notice to legacy account holders. According to the exchange, all traders who use the platform must verify their identity using the company’s upgraded verification portal. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Legacy Account Holders … Read more

Singapore Judge Dismisses $43M High Profile Bitcoin Case

Recently Singapore had its first high profile legal case involving over 3,000 BTC in a dispute between the UK-based company B2C2 and the local cryptocurrency exchange Quoine. According to the Singapore Commercial Court documents, Judge Simon Thorley has dismissed the plaintiff B2C2’s case for US $43Mn worth of bitcoins. Also read: While Bitcoin Trades Above $19K … Read more

While Bitcoin Trades Above $19K In India — Tax Officials Are Snooping for Gains

Bitcoin is booming in India, and the top trading platforms in the country Zebpay, Coinsecure, Unocoin, and Bitxoxo have seen unprecedented trade volumes and exchange sign-ups. However, in the midst of the bitcoin fever taking place in the region, the country’s Income Tax Department of India (ITDI) has been investigating exchanges and are researching the … Read more

Market Update: BTC Value Consolidates After Bouncing

BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets … Read more

Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy

Bitcoin and other cryptocurrency assets are precious and some of them have grown over 1300 percent in value this year. Although, with the price on exchanges being higher than ever before its now a bit more difficult for those who want to ‘cash out’ or make significantly large purchases without being watched by the prying … Read more

Crypto-Community Grows Skeptical of Bitcoin Forks

Over the past couple of months, there’s been a “forking fever” taking place as many people have decided to create their own form of the original Bitcoin protocol. A few weeks ago we reported on the ‘Bitcoin God’ snapshot-clone started by the well-known Chinese investor Chandler Guo. Now another snapshot fork is due to happen … Read more

The North American Bitcoin Conference Returns to Miami Bigger Than Ever

The North American Bitcoin Conference (TNABC) is coming back to the sunshine state after cryptocurrencies and blockchain assets had a phenomenal year in 2017. Also read: Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years BTC Miami Is Back With Over 2000 Registered Attendees! Limited Seats Remain During last year’s TNABC event in Miami, everyone … Read more