Bitcoin

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator.  It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Below you will find the latest article about Bitcoin.

Bitcoin is a ‘Bubble’ While U.S. National Debt Passes $20 Trillion for the First Time
September 13th, 2017

J.P. Morgan chief compares bitcoin rally with the tulip bubble while the US has more debt than any point in its history. The amount owed shoots past $20 trillion.

Bitcoin Price Drops Below $4,000 Amid Growing Investor Concerns
September 13th, 2017

Bitcoin is trading below $4,000 as the tightening regulation and negative comments from industry leaders keep investors worried about the cryptocurrency’s future.

Top 5 Security Best Practices That Can Protect Your Crypto Wallet From Hackers
September 13th, 2017

In this guest post by Pini Raviv, a software engineer and front-end team leader for an Israel-based startup, you will find the list of best practices that should be used for cryptourrency wallet security.

Japanese E-Commerce Giant DMM Plans to Launch Bitcoin Mining Farm
September 12th, 2017

Japanese entertainment giant DMM Group has announced that it will operate a large-scale cryptocurrency mining farm. The company plans to become one of the top three mining farm companies in the world.

Swiss Municipality of Chiasso Accepts Tax Payments in Bitcoin
September 12th, 2017

The Swiss municipality of Chiasso will accept tax payments in bitcoin starting from the beginning of 2018 in an attempt to make Switzerland a global hub for financial technologies and cryptocurrency start-ups and a world leader in bitcoin adoption.

Bitcoin Price Rises Despite Continuing Rumors About Shut Down of China’s Bitcoin Exchanges
September 12th, 2017

Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges no longer affect Bitcoin price.

BTC-e Operator Alexander Vinnik Asserts His Innocence in the New Interview
September 11th, 2017

Alexander Vinnik, alleged BTC-e operator arrested by the US Department of Justice in July, claims he is innocent of charges brought against him by the US government.

Russian Finance Minister Says the Draft Law to Legalize Cryptocurrencies Will be Ready by the End of 2017
September 11th, 2017

Russian finance ministry and the central bank are reportedly planning to legalize the use of the digital currency in Russia by the end of the year.

Bitcoin Is Trading Under $4150 Level Amid Rumors About China’s Ban of Bitcoin Exchanges
September 11th, 2017

Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges decrease Bitcoin price to under $4150 level.

Tokyo-based GMO Internet Group Plans to Spend $320M on Bitcoin Mining Business
September 8th, 2017

GMO Internet Group indicated its plans to enter mining business utilizing next-generation 7-nanometer technology semiconductor chips.

New Bill Would Make Bitcoin Transactions Below $600 Tax-Exempt
September 8th, 2017

If passed, the bill would provide tax exemption for small payments in digital currency, thus incentivizing people to use cryptocurrency for day-to-day purchases.

Cryptocurrency and Gold as a ‘Safe Haven’
September 7th, 2017

In this article the author will take Bitcoin as a representative of all cryptocurrencies and gold as a ‘safe haven’ assets.

Britain’s Bra Baroness to Launch $330M Bitcoin-Priced Dubai Property Venture
September 6th, 2017

Baroness Michelle Mone of Mayfair OBE and Doug Barrowman announce the world’s first Bitcoin-priced development in Dubai becoming property pioneers.