David

Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash

Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash After bitcoin, ripple is one of the largest cryptocurrencies by market capitalization The bitcoin prices may have stabilized but, they still hover around $13,000, a price far too high for a lot of potential investors. The exorbitant price of bitcoins dissuaded hundreds of thousands of potential investors who missed the 2017 rally. The bitcoin prices had jumped in the last month of 2017 in run up to the…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30 Cryptocurrencies have generated wealth for the traders like no other asset class. While Bitcoin has garnered most of the attention, it is not the only one to have risen in 2017. There have been scores of winners. Ethereum was the second leading currencies aiming to overtake Bitcoin as the dominant leader of the year; it could never really achieve the feat. However, within the past two weeks,…

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Bitcoin is passé: these are the cryptocurrencies to look at in 2018

Bitcoin is passé: these are the cryptocurrencies to look at in 2018 Bitcoin had a monumental 2017, with its price rising by more than 1,400pc over the past year. However, it was far from the best-performing cryptocurrency. Of the 10 most important digital currencies by total value at the time of writing, six have been around for more than a year. All six have experienced price rises that eclipse Bitcoin, ranging from 2,870pc for Monero to 31,560pc for NEM. As…

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Trade in bitcoins at your own risk, finance ministry warns users

Trade in bitcoins at your own risk, finance ministry warns users The recent Bitcoin surge has triggered a ponzi scheme fear,in India, forcing the finance ministry to flag it on Friday. "VCs (virtual currencies) such as bitcoins don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs therefore is entirely a matter of mere speculation resulting in spurt and volatility in their prices," the ministry said in a statement.…

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Bitcoin warning: Cryptocurrency profits to be TAXED

Bitcoin warning: Cryptocurrency profits to be TAXED BITCOIN will be taxed following a dizzying year of price rises and falls, industry experts have warned as the volatile cryptocurrency continues moving towards the mainstream. With bitcoin’s price rising 1100 per cent over 2017 the HMRC has decided against creating new legislation to ensure the investment gains are taxed appropriately. But experts have warned the cryptocurrency will not remain exempt from tax. Benjamin Dives, CEO of London Block Exchange told Express.co.uk: “In…

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Bitcoin Price Technical Analysis for 12/27/2017 – Rebound Underway?

Bitcoin Price Technical Analysis for 12/27/2017 – Rebound Underway? Bitcoin price is slowly starting to trend higher once more, possibly rebounding from the slide in the previous week. Bitcoin Price Key Highlights Bitcoin price appears to be recovering from its pre-Christmas slump, forming higher highs and higher lows again. Price is trading inside an ascending channel pattern and is currently testing the resistance. A pullback to support could be due and using the Fib retracement tool shows the potential inflection…

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Bitcoin could hit $60,000 in 2018 but another crash is coming, says startup exec

Bitcoin could hit $60,000 in 2018 but another crash is coming, says startup exec Cryptocurrency entrepreneur Julian Hosp sees a "very, very healthy" chance to buy while the price is lower No "crypto winter" is coming right now, Hosp predicts, but the market should see consolidation in coins in a year or two out Cryptocurrency entrepreneur Julian Hosp says bitcoin's rapid rise isn't over yet. But there's a catch. "I think we're going to see bitcoin hitting the $60,000 dollar…

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Winklevoss twins cut up their Bitcoin key and keep the pieces in different bank vaults across America to protect their $1.3billion digital fortune

Winklevoss twins cut up their Bitcoin key and keep the pieces in different bank vaults across America to protect their $1.3billion digital fortune Tyler and Cameron Winklevoss, 36, started buying up Bitcoin back in 2012 They used $11m to buy roughly 120,000 Bitcoins when they were less than $10 The funds for Bitcoin came from the $65 million settlement they reached with Facebook's Mark Zuckerberg Twins have cut up the keys to their digital fortune and keep each piece in…

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What Comes After the Futures – The Next Chapter for Bitcoin

What Comes After the Futures – The Next Chapter for Bitcoin A Coindesk 2017 Review On the ninth anniversary of Satoshi Nakamoto's white paper, one of the world's most respected derivatives providers, the CME Group, announced it would launch a regulated bitcoin futures market. Not to be understated, this was a pivotal moment in bitcoin's history, and quite simply, the future has never been brighter. It's safe to say that 2017 has been a remarkable year. Almost every single metric…

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Bitcoin slump sees trades suspended on certain exchanges

Bitcoin slump sees trades suspended on certain exchanges Bitcoin plunged on Friday, extending a fall that saw the crypto-currency lose almost a third of its value from a record of nearly $20,000 (£15,000). The crypto-currency's price dipped below $11,000 on Friday, according to the Coindesk exchange website, before recovering to above $13,000. Amid the swings, three Bitcoin-related exchanges suspended certain trades. Bitcoin has had a blistering trip over the past 12 months. Its price at the start of the year…

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