#Bitcoin

November 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News

The great cryptocurrency crash of 2018 is heading for its worst week yet, with Bitcoin slipping closer to $4,000, extending the Bloomberg Galaxy Crypto Index’s decline since November 16 to 23 percent, Bloomberg reported on November 23. Crypto Markets Suffer Heavy Losses After an epic rally in 2017 that exceeded...

China’s Mining Rig Industry Is Still Leading The Way For Bitcoin Miners Worldwide

Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk

November 24, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Business, Finance, News

It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices. Bitcoin Miners Not Able to Breakeven It...

Bitcoin Cash Announces Bitcoin Abc Upgrade to Enable Massive On-Chain Scaling

Bitcoin Cash ABC’s Rolling Ten Block Checkpoints Update Could Be Catastrophic

November 24, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, News, Platform, Tech

Bitcoin Cash ABC’s new rolling 10 block checkpoint system, introduced in order to defend against "deep" hostile reorganizations, actually increase the risk of consensus chain splits and provide new opportunities for attackers, BitMex reported on November 21, 2018. New Bitcoin Cash ABC Update Less than two weeks after the hash...

Doubling Down as Bitcoin Plunges is a ‘Problematic Mindset,” Says Personal Finance Author

November 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Ethereum, Finance, Investment, News, Platform, Tech

As the price of Bitcoin continues to fall, many investors are doubling down and sticking with their decisions, which is a sign of a 'problematic mindset' that leads to more loss, Business Insider India reported on November 21, 2018. Identity Crisis Strikes Investors Despite the hard hits cryptocurrencies have taken...

India: Police File Chargesheet in $1.4 Million Bitcoin Scam

November 23, 2018 by Aisshwarya Tiwari at Bitcoin, Blockchain, Crime, Ethereum, News, Platform, Tech

A businessman from Chandigarh, India, has lost approximately $1.4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three...

French Residents Will Soon Be Able to Buy Bitcoin (BTC) in Local Tobacco Shops

November 23, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, News

KeplerK, a France-based fintech firm has established a strategic partnership with tobacco shops in the region to enable them to sell bitcoin (BTC) to cryptocurrency enthusiasts in the state starting from 2019, reported Reuters on November 22, 2018. KeplerK Fueling Bitcoin Adoption Amidst Per sources close to the matter,...

Miners Having Trouble Staying Profitable as Bitcoin Prices Fall

November 23, 2018 by Priyeshu Garg at Bitcoin, News

Bitcoin prices have fallen nearly 30 percent during the second half of November, hitting a 13-month low of $4,400, leaving many miners struggling to stay profitable, the South China Morning Post reported on November 21, 2018. As Bitcoin Prices Fall, Mining Cryptocurrencies Is No Longer Profitable for Many Prices of...

Computing Rigs Powering the Cryptocurrency Mining Industry

U.S. Bitcoin Mining Pioneer GigaWatt Files for Bankruptcy in Washington

November 23, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Mining, News, Platform, Tech

GigaWatt, one of the earliest players in Central Washington's bitcoin boom, has filed for bankruptcy protection, making it the latest casualty in an industry hammered by falling prices, the Seattle Times reported on November 21, 2018. Washington Bitcoin Pioneer Seeks Chapter 11 Protection In the latest twist in an entrepreneurial...

California-Based Silvergate Bank Files for IPO to Boost Cryptocurrency Services

November 22, 2018 by Pratik Makadiya at Bitcoin, Blockchain, News, Platform, Tech

Silvergate Bank, based out of La Jolla, CA, is preparing to go public with a price target of $50 million, according to the documents filed and submitted to the securities regulators. It would be listed in the New York Stock Exchange (NYSE) under the ticker “SI”. The bank is a...

SEBA Crypto AG Teams up With Loomis International to Build a Tempest “Level A” Deep Cold Storage

November 22, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, News, Platform, Tech

Swiss cryptocurrency startup SEBA Crypto AG has announced November 22, 2018, a new partnership with Loomis International, an arm of Sweden-based Loomis Group that has been a leading global provider of logistics solutions for valuables. Under the new partnership, both companies will collaborate to build a Tempest "Level A" Deep...

Bitcoin, Ether, and XRP Weekly Market Update December 23, 2019

Bitcoin, Ether, and XRP Weekly Market Update: November 22, 2018

November 22, 2018 by Georgi Hristov at Bitcoin, Blockchain, Business, Ethereum, Exchange, News, Platform, Tech

During the last seven days, we saw the biggest crash the in crypto market for 2018. Total market cap dropped with 32 percent, to $140 billion and all of the Top 100 currencies registered heavy losses. BTC/USD Bitcoin is in a downtrend since November 14 when it broke below the $6,000...

Study Reveals The Majority of Crypto Hedge Funds Suffered Loses

Study Reveals The Majority of Crypto Hedge Funds Suffered Losses

November 22, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

The overly-optimistic forecasts predicting a bitcoin-led era of cryptocurrencies by the end of 2020 are increasingly seeming like a distant fragile dream. More so now than ever as the most popular digital asset in the world has dipped below $5000. This downward spiral of bitcoin, according to many analysts, is due...

The Winds of Change Have Begun to Blow for Cryptocurrencies in Malaysia

November 22, 2018 by Priyeshu Garg at Adoption, Bitcoin, Blockchain, Finance, News

Despite the recent slump the crypto market has experienced, industry analysts believe that digital currencies such as bitcoin, have the potential to be aggressively embraced by local investors in the next financial cycle, the Malaysian Reserve reported on November 21, 2018. Malaysian Investors Shouldn't Be Quick to Dismiss Cryptocurrencies Just...

Regulations Rock Markets but Bitcoin Has to Play Ball

Meet the Traders who Paid a 100 Percent Premium for Bitcoin in December 2017

November 22, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Exchange, Finance, News

Who were the people who participated in what may be one of the most poorly timed trades of 2017, and paid a premium for Bitcoin of more than 100 percent, Bloomberg investigated in a report on November 21, 2018. Paying a 100 Percent Premium for Bitcoin It's safe to say...

Busted: Manhattan 21-Year old Arrested For $1 Million Cryptocurrency Theft

November 22, 2018 by Aisshwarya Tiwari at Bitcoin, Business, Crime, Finance, News, Platform

Nicholas Truglia, a 21-year old con man, residing in Manhattan, New York, was arrested by the local police at his apartment for hacking into others mobile phones to steal cryptocurrencies, reports New York Times on November 20, 2018. 21 Felony Counts for Trying to Steal Cryptocurrencies According to the officials,...

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