BITCOIN PRICE: 3,817.63     HIGH: 4,050.00     LOW: 3,807.23

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The DASH Conference • September 24, 2017

The world’s first Dash cryptocurrency conference is coming to London this September. Keynote is excited to announce the first ever…

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Category: Bitcoin

Cryptocurrency Closure in China Marks Digitization of the Economy

Category: Bitcoin, Commentary, News

Cryptocurrency Closure in China Marks Digitization of the Economy

In a recent interview, associate professor at the Finance Academy of Social Sciences Institute of China, Zhou Ziheng, discussed China’s tough regulatory attitude, the digitization of the economy, and the two great forces of any economy; the public and the private. Cryptocurrency in Limbo Ziheng spoke with associates of Chinese press 8btc.com in regards to the recent market closure on…

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A Prediction for the Near Future: Bitcoin Mining in Space

Category: Bitcoin, Blockchain, News, Tech

A Prediction for the Near Future: Bitcoin Mining in Space

In his blog, Peter Todd explains the difference between pure fantasy and “hard sci-fi”. If you’re not familiar with the latter term, it refers to science fiction with a focus on scientific accuracy. It walks the line between a Robert A. Heinlein novel and a conversation with Carl Sagan. With this in mind, Todd lances his speculation for transporting large…

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Finnish Economists Say Bitcoin Cannot Be Regulated

Category: Bitcoin, News, Regulation

Finnish Economists Say Bitcoin Cannot Be Regulated

The Bank of Finland published a report on September 5 that heaped praise on the complex infrastructure behind Bitcoin that prevents manipulation from unethical agents. Economic Innovation Economists working for The Bank of Finland, Gur Huberman, Jacob Leshno, and Ciamac Moallemi, affirmed that Bitcoin is truly a revolutionary system of currency. The three also point out the great power behind…

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BTCChina Announces Exit from China’s Bitcoin Exchange Market

Category: Bitcoin, News

BTCChina Announces Exit from China’s Bitcoin Exchange Market

One of the largest exchanges in China is voluntarily closing its operations. BTCChina announced on September 14 that it will stop all trading on September 30 as regulators are reportedly planning to stop fiat to bitcoin trades in the country. BTC-USD has suffered another sharp drop, hitting a fresh low at $3426.92, with the price regaining the $3500 handle at…

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North Korean Spearphishing Sets Sights on South Korean Cryptocurrency Targets

Category: Bitcoin, News

North Korean Spearphishing Sets Sights on South Korean Cryptocurrency Targets

As bitcoin and other digital currencies emerge as a new and valuable asset class, North Korean cyber criminals are also realizing a new means of state funding. Unhinging a Global Financial System Kim Jong-Un has been featured in the news as exclusively an intemperate world leader with nuclear capabilities. His confrontations with President Trump have sparked global concerns as to…

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Op-Ed: My Coffeehouse Lessons In Cryptocurrency

Category: Bitcoin, Commentary

Op-Ed: My Coffeehouse Lessons In Cryptocurrency

“Hey Michael, I’m waist deep in building a blockchain/AI startup. Our corporation was filed yesterday! This will be the umbrella for multiple verticals (healthcare and wellness, food safety, citizen safety/criminal justice, and more). All of this started with that five bucks of BTC you sent me in that coffee shop in Denver 🙂 Thanks for that. Let me know if…

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Getting Schooled By An 18 Year-Old Bitcoin Millionaire

Category: Bitcoin, Commentary, News

Getting Schooled By An 18 Year-Old Bitcoin Millionaire

While 15, Erik Finman made a bold bet with his parents that if he turned 18 and was a millionaire, they wouldn’t push him to attend college. Shockingly, his parents, who met while pursuing their Ph.D.s at Stanford, said OK. Enter bitcoin where Finman made his first investment of $1,000 when the price was $12 thanks to a $1,000 gift…

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Will Bitcoin Shape up to Be a Serious Investment Vehicle?

Category: Bitcoin, Commentary, News

Will Bitcoin Shape up to Be a Serious Investment Vehicle?

The cryptocurrency market is in a period of exponential growth and intense volatility. Since the paper describing Bitcoin was penned in 2008, the Internet has been abuzz with debate over the viability of cryptocurrency in the long term. As speculative investors, digital currency enthusiasts, and software developers argued the merits of the emerging system of money, thousands of cryptocurrencies attempting…

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Japan’s GMO Invests over $3 Million, Enters Bitcoin Mining Industry

Category: Bitcoin, Business, Mining, News

Japan’s GMO Invests over $3 Million, Enters Bitcoin Mining Industry

As bitcoin is turning into a mainstream currency, a lot of new players are trying to get in the mining industry. In 2017 alone, the cryptocurrency saw its biggest rise ever and with the meteoric rise along came new investors and new players eager to have their share of the Bitcoin pie. Tokyo-based GMO Internet Group announced on September 7…

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Bitcoin Price Falls on Chinese Whispers

Category: Bitcoin, News

Bitcoin Price Falls on Chinese Whispers

Bitcoin suffered a steep drop on September 8, as rumors circulated that Bitcoin exchanges in China were to be banned. The event and reactions somewhat mirror the ICO ban on September 4, with crypto markets in the red. BTC-USD fell from the September 8 high of $4679.97 to a fresh low of $4227.64 on the Bitstamp exchange, breaking out of…

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