Category: Cryptocurrency

The major news impacting markets this week was President Trump’s decision to introduce tariffs on all Chinese imports. Existing tariffs will rise from 10% to 25%, and all imports that previously were exempt from tariffs will have new tariffs placed on them. China retaliated by placing tariffs on $60 billion worth of US exports to […]

After languishing under $4,000 for much of the year, Bitcoin has really taken off in price over the past few weeks, and just recently broke through the $6,000 barrier. But while there are numerous contributing factors for that strong price growth, there’s one factor that has gotten significantly less publicity. However it’s an important factor […]

It seems like only yesterday that Bitcoin trading began on financial markets. The first futures markets for Bitcoin opened in December of 2017 to great fanfare. But since that time new developments in Bitcoin trading have been few and far between. Proposals for Bitcoin exchange traded funds (ETFs) have languished before regulators for months and […]

Many people may not have known it before, but coin machine operator Coinstar has partnered with Bitcoin ATM provider Coinme to allow people to purchase Bitcoin at Coinstar machines. The initial trials that began earlier this year were so successful that Coinstar is expanding the Bitcoin purchase ability to over 2,000 kiosks in 19 states. […]

One of the most prevalent fears among cryptocurrency investors is that of hacking. It seems that every day brings new reports of thieves attempting to steal from cryptocurrency investors and companies. Whether it’s cryptojacking, phishing, or outright hacks, there are numerous ways for criminals to get their hands on crypto assets that aren’t adequately secured. […]

For months Bitcoin’s price seemed to be range-bound, hovering in the mid-3000s and never seeming to be able to broach the $4,000 mark. But all of a sudden Bitcoin’s price took off, with $4,000 a distant memory as Bitcoin powered through $5,000 and beyond. Those who had the good sense to invest in Bitcoin while […]

With cryptocurrency debit cards now a reality and no longer just a dream, how long will it be before Bitcoin becomes the dominant method of payment worldwide? According to recent reports, if Bitcoin continues its current pace of adoption it could gain more widespread adoption than its competitors within a decade. Visa, Mastercard, Paypal, and […]

One of the biggest knocks against Bitcoin’s use as a currency has been the relative difficulty of its use. While Bitcoin payment portals exist, they require a separate system apart from normal point of sale systems, credit card readers, etc. That has limited adoption by retailers. On the consumer end of things, payment is normally […]

According to the World Economic Forum, over 40 central banks around the world are eyeing the opportunities afforded by blockchain technology, many with an eye towards issuing their own digital currencies. But while studying the technology is one thing, actually getting to issuance of a digital currency is quite another. Thus far only one relatively […]

China’s National Development and Reform Commission (NDRC) recently published a draft paper that highlighted Bitcoin mining as an undesirable industry for the country. Bitcoin miners have long flocked to areas with cheap and abundant sources of electricity, which in practice means hydroelectric or geothermal energy production. Rural areas of China, upstate New York and parts […]