Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

Bitcoin Price tumbles below $1,000,
March 24th, 2017

The price of bitcoin seems to be entering a downward trend as investors are getting concerned about the near-time future of the digital currency.

Deloitte Launches Bitcoin Payment Option in Toronto Office’s Internal Restaurant
March 23rd, 2017

Canada-based professional services provider drives blockchain adoption with the integration of bitcoin payments at its Toronto office’s restaurant.

BTCC Launches Multicurrency Mobile Bitcoin Wallet Mobi for Android and iOS
March 21st, 2017

One of the largest bitcoin exchanges has released a first mobile app that will enable transfers in more than a hundred different currencies, including gold and silver.

Coinbase Launches Margin Trading on Its Institutional Trading Platform GDAX
March 20th, 2017

GDAX celebrates the launch as a huge step towards a more transparent and fair market and sets no fees for margin trading.

Who is Responsible for the Bitcoin Unlimited Node Crash?
March 16th, 2017

Several hundred Bitcoin Unlimited nodes were shut down due to a vulnerability in client’s code while the warning post was immediately censored on Reddit.

Bitcoin Price Rebounds Easily After SEC Rejects the Winklevoss Twins’ ETF
March 13th, 2017

Bitcoin price dropped just as the SEC unveiled its decision but managed to recover quickly keeping close to $1,200 barrier.

SEC Rejects Winklevoss’ Bitcoin ETF Bid
March 11th, 2017

The Securities and Exchange Commission has denied a request to launch the Winklevoss Bitcoin Trust ETF, prompting bitcoin price to fall by 35% within a day.

China is Moving Closer to Bitcoin Rules As Exchanges Keep On Halting Withdrawals
March 10th, 2017

The People’s Bank of China explained that it would begin blacklisting exchanges that would continue violating the regulations.

72 Percent of Unbiased Advisors Believe in Bitcoin ETF Approval
March 9th, 2017

The SEC seeks advice of organizations and officials related to the approval of the Winklevoss twins’ Bitcoin ETF to get independent insight.

Bitcoin Exceeds $1,270 as Talk of US ETF Approval Intensifies
March 6th, 2017

The price of virtual currency has been climbing as the Securities and Exchange Commission is on the way to approve the first bitcoin exchange-traded fund.

Bitcoin’s ‘Creator’ Craig Wright Still Seeking Bitcoin and Blockchain Patents
March 3rd, 2017

The man who claimed to be the creator of bitcoin is currently working on filing a number of patents related to bitcoin and the blockchain technology.

For the First Time Ever One Bitcoin Worth More than One Ounce of Gold
March 3rd, 2017

The news can be a sign that Bitcoin is becoming more mainstream and investors get more interested to invest in the cryptocurrency.

Bitcoin Price Sets a New All-Time High at $1,220
March 2nd, 2017

Bitcoin keeps up the speed and has made gains in the new month – analysts says that the value can reach $3,500 level soon.