One of the reasons why gold is considered as hedge to a failing economy is because of its inverse correlation with fiat money.
David Marcus, Vice President of Messaging Products at Facebook, joined the board of directors of Coinbase, the world’s largest cryptocurrency exchange.
As altcoins are making a major rally, the overall cryptocurrency market cap climbs above the half-trillion-dollar benchmark.
The price of bitcoin futures keeps surging since their launch on the Chicago Board Options Exchange two days ago, showing growing investor demand.
Bitcoin levels up while Americans mortgage their property against the piece of crypto pie.
The launch of Bitcoin Futures brought not only the escalation of its price but the hot discussions on the legal and regulatory requirements for that kind of contracts.
The number of installs of Bitcoin wallet apps surges tremendously surpassing 11.8 million, due to the raise of cryptocurrency value.
Litecoin hits a new all-time high of $255 surging by over 50% in past 34 hours, having gained in total 5500% in the last one year.
BitGo, a Blockchain-based security company, has raised $42.5 million during the Series B funding round amidst futures contracts going live.
Bitcoin backers believe the launch of bitcoin futures will encourage cryptocurrency adoption, bringing transparency and legitimacy to the market.
Europe’s largest Bitcoin ATM provider – Cointed – is working along with chip-maker NVIDIA to promote green mining activities for virtual digital currencies.
Bitcoin market is again flooded with huge amount of investor orders as the CBOE’s futures contracts go live.
Gold dealer APMEX announced that payments in Bitcoin would be accepted by integrating BitPay into its website.
Bitcoin rallies being at threat of great collapse with around 50% correction; Ether is also in correction phase with a short term target at $536; Monero rallies with its major highs still ahead; Litecoin is trading sideways over a range of $100-$33.60.
Post a wild rally of $4k in a matter of just 48-hours, Bitcoin enters the correction zone.