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Is Bitcoin or Other CryptoCurrency a Good Investment

June J, 2017

Is Bitcoin or Other CryptoCurrency a Good Investment Despite all denials of the techies, the Bitcoin continues to fly under the pressure of marketing that makes it a form of Russian roulette that benefits those who know the manipulation. Since March 26, the Bitcoin has increased from $ 973 to $ 2,795. A real explosion of prices which can only be explained by fraudulent maneuvers. It went from $ 16 billion to $ 43 billion. But behind this surge, there…

Crypto Asset Fund looks to raise $400 million to buy into blockchain frenzy

June J, 2017

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Crypto Asset Fund looks to raise $400 million to buy into blockchain frenzy Timothy Enneking started a cryptocurrency fund in 2014, when the market was almost exclusively bitcoin. That's no longer the case. The 58-year-old money manager is now aiming to raise up to $400 million for the Crypto Asset Fund, a diversified pool of digital currencies and assets that he expects to be in the tens of millions of dollars by the end of this year. Enneking filed…

The new cryptocurrency gold rush: digital tokens that raise millions in minutes

June J, 2017

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The new cryptocurrency gold rush: digital tokens that raise millions in minutes New York City About a dozen rain-soaked people were crammed between the revolving doors and security barriers in the lobby of New York University’s Stern School of Business as torrents pelted down outside. All desperately wanted in to the hottest ticket in town, one that promised to make some of them overnight millionaires, if not billionaires. Among them was Dan Morehead, a former Wall Street titan turned…

How to get started in the cryptocurrency game

June J, 2017

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How to get started in the cryptocurrency game As bitcoin reaches for $2,500 again, I thought this would be a good time to let readers know exactly how digital currencies work and how to get more information if you wish to partake in this alternative investment. There will be only 21 million bitcoins created, and as of last month, roughly 16.8 million or 80 percent of all the bitcoins have been “mined,” or created. So unlike the paper currencies…

Will Investing in Cryptocurrency Make You Rich

June J, 2017

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Will Investing in Cryptocurrency Make You Rich Have you heard? Cyptocurrency is so hot right now. Bitcoin's price has been climbing for the better part of a year, topping $2,000 per coin for the first time in May, and rising to a record high above $2,500 — before dropping down just above $2,400 a coin as of Friday afternoon, per CoinDesk. Those numbers mean nothing to you? This one might: If you had made a small investment in bitcoin…

How Do Bitcoin Transactions Actually Work

June J, 2017

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How Do Bitcoin Transactions Actually Work Whether you’re interested in becoming a developer for blockchain applications, or you’re just looking to understand what happens under the hood when you send bitcoin to a friend, it’s good to have a working knowledge of what happens when you create and broadcast Bitcoin transactions to the Bitcoin network. Why? Because transactions are a basic entity on top of which the bitcoin blockchain is constructed. Transactions are the result of a brilliant collision…

Russia is looking to regulate bitcoin but still doesn’t see it as a currency

June J, 2017

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Russia is looking to regulate bitcoin but still doesn’t see it as a currency Russia is exploring ways to regulate bitcoin, the country's central bank governor has told CNBC, but sees "doubts" over the benefits of the cryptocurrency and even questions whether it should be considered a virtual currency at all. In an interview with CNBC, Elvira Nabiullina, governor of the Russian Central Bank, explained that she views bitcoin as a digital asset rather than a currency, and this is…

Is China Waking up to Ethereum

May J, 2017

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Is China Waking up to Ethereum On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from May 31. In its announcement, Huobi revealed that the company has come to a consensus to integrate support for Ethereum due to its exponential growth, high market liquidity, stability and increase in the demand toward Ethereum…

The Cryptocurrency Market Is Growing Exponentially

May J, 2017

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The Cryptocurrency Market Is Growing Exponentially Bitcoin dominates over other digital currencies today, but the data suggests its market share will drop significantly in the next few years. When it comes to the future of money, there is a growing consensus that cryptocurrencies are set to play a major role. One cryptocurrency, in particular, has entered the public lexicon as the go-to digital asset: Bitcoin. But the cryptocurrency market is significantly more complex than the public lexicon might suggest. And…

Bitcoin Price Officially Doubles That of Gold

May J, 2017

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Bitcoin Price Officially Doubles That of Gold, Experiences Minor Correction Until May 26, Bitcoin price remained at around $2,550, demonstrating a value that is double that of gold. Gold is being traded at $1,267 in most major markets. For two straight days, from May 24 to May 26, Bitcoin was being traded at a price that is double that of gold, in the $2,600 region. In other Bitcoin exchange markets such as Japan and South Korea, Bitcoin price peaked at…