Month: May 2018

Bitcoin Price Watch: BTC/USD Primed for Gains

Key Points Bitcoin price corrected lower recently and found support near the $7,250 level against the US Dollar. There is a major bullish trend line forming with support at $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair looks…

Ripple CEO Says XRP is Better Than Bitcoin, Calls BTC Napster

During a panel discussion at yesterdays Recode Code Conference in which blockchain, digital assets, and cryptocurrencies were on the program Ripple’s CEO called out Bitcoin as an idea that technology has passed by. Bitcoin is the Napster of Crypto As reported…

The Humanitarian Side of Bitcoin

As many have rightly pointed out, Bitcoin and cryptocurrencies more generally represent a shift in how society and individuals view and value currency and the philosophy behind transactions, whilst the Blockchain technology that supports them has the potentia…

China Is Warming Up To Bitcoin Again

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Could Government Issued Cryptocurrencies be the Future?

Prominent Economist Mohamed El-Erian sees a future in which an “officially sanctioned” cryptocurrency will exist. Going Cashless “We are moving away from cash,” El-Erian says. “Go to Sweden and you’ll see how fast.” In Sweden, just 2% of the country’s transac…

3 Steps to Buy and Store Bitcoins Anonymously

Jim Epstein from the July 2018 issue – view article in the Digital Edition Bitcoin is the first uncensorable digital currency: When it moves between buyers and sellers, there’s nothing anyone can do to stop it. The now-shuttered online marketplace Silk Road c…

How WIRED lost $100,000 in Bitcoin

Back in 2013, the halcyon days of at-home Bitcoin mining, staffers in the WIRED San Francisco office turned on one of Butterfly Labs’ mining machines and let it whir away, amassing a horde of 13 bitcoins — now worth $100,000. But today we have nothing to show…