After mounting a concerted recovery since the weekend rumours of a regulatory clamp down on Chinese crypto exchanges, Bitcoin finally lost hold of the $4,000 threshold and threatens to drop farther.
At time of writing, Bitcoin traded at low $3,800 levels not seen since a month ago on 12 August. Analysts believe that the recent bout of negative comments from...
After such heady months for Bitcoin and most major alternative crypto currencies in July and August, the Chinese government’s hardline stance on ICOs in early September brought rising prices to a shuddering halt.
Although prices recovered quickly, the weekend saw a surprise battering by what many are calling “fake news” from China as total market capitalisation continued to shed billions...
Switzerland’s small Italian-speaking municipality of Chiasso, otherwise known locally as CryptoPolis, announced last week that it would accept Bitcoin currency to settle tax bills from the beginning of 2018.
While Bitcoin may only cover tax payments for up to CHF 250 for the moment, recent moves by other Swiss cantons such as Zug to allow council bills to be paid...
Title image from Pixabay here.
The blockchain is the underlying technology behind the majority of the existing cryptocurrencies including Bitcoin, which has proven to be one of the earliest successful use-cases of the distributed blockchain technology that allowed to secure payments and the network itself. However, Bitcoin is only one of the blockchain implementations. Many are currently under development, tested...
Image from pixabay here.
Selling Bitcoin is possible through the same media as buying it, namely, on exchanges / online markets, ATMs and by meeting the buyer in person. There's a variety of payment methods that the seller can use to pay for your BTC.
Online
Selling Bitcoin online is the most popular way of selling that can take place either as...
Ethereum received a major shot in the arm recently when the $156 Billion Tech Giant Microsoft unveiled its Ethereum-based protocol called the CoCo Framework. Short for Confidential Consortium, Coco is aimed at bringing the blockchain technology to enterprises and solve the speed, privacy, and governance issues.
According to the official statement from Mark Russinovich, CTO at Microsoft Azure, “Coco presents...
The early days of bitcoin are remembered as the so-called “digital gold rush” accompanied by the stories of individual miners getting fabulously rich and losing everything in a split second. Being robbed, hacked or scammed, which helped to give cryptocurrencies a wild-western flavor. Many early investors indeed made a fortune thanks to cryptocurrencies, many started a mining business and...
As ICO hype gets higher and higher, finding a reliable project to invest in may get difficult, if you hadn’t much experience with it before. There’s no framework for the evaluation of this phenomenon yet, nor government regulation mechanism. So it can be hard to prove the correctness of the information that ICO websites are posting. Trusting the most...
Bitcoin has reached new highs in value, but so has its energy consumption cost. Per the Bitcoin Consumption Index Chart, 165 kilowatt-hours (kWh) are consumed for each Bitcoin transaction. To put this in perspective, the average U.S. household consumes about 30 kWh a day.
It is generally accepted that the more Bitcoin’s price increases, the more economical it is...
For many startups that have undergone an ICO-stage within the last couple of years, the time following the ICO is more important than the ICO itself, as this is the time when ideas can be truly evaluated on the point of their viability and profitability. To put it more simply, this is the time to get the real work...
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