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Bitcoin Value Set to Increase Because of Asian Influence

May J, 2017

Bitcoin Value Set to Increase Because of Asian Influence Like it or not, Bitcoin is on the ascent and the cryptocurrency is in no place close to be done climbing. As the coin turns out to be more standard in Asia and finds more noteworthy acknowledgment in Western socioeconomics, its esteem is certain to surge higher in the mid-term. This is as per investigators like Joseph Young, who demand that market endorsement will be Bitcoin’s most noteworthy driver for…

How Ripple is Targeting an Entirely Different Market to Bitcoin

May J, 2017

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Bitcoin was introduced in 2009 as an alternative network to the global financial system monopolized by centralized institutions and strictly regulated financial service providers. By providing a peer to peer protocol wherein users can send and receive transactions with the absence of intermediaries, Bitcoin essentially became the first decentralized financial platform. Replicating or being inspired by Bitcoin’s structure, alternative cryptocurrencies or altcoins emerged. One of the most successful cryptocurrencies that has maintained its market cap and client base over a…

Study highlights growing significance of cryptocurrencies

May J, 2017

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Study highlights growing significance of cryptocurrencies More than 3 million people (three times previous estimates) are estimated to be actively using cryptocurrencies like bitcoin, finds the first global cryptocurrency benchmarking study by the Cambridge Centre for Alternative Finance. While many members of the general public may have heard of "bitcoin", the first decentralised cryptocurrency launched in 2009, a new report from the Cambridge Centre for Alternative Finance (CCAF) paints a broader picture of "cryptocurrencies". The report shows that cryptocurrencies…

Hefty Trading Boost Cryptocurrency Market Cap Soars Above $40 Billion

May J, 2017

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Hefty Trading Boost Cryptocurrency Market Cap Soars Above $40 Billion Bitcoin may be getting most of the headlines, but cryptocurrency as a whole is on a roll. Statistics from Coinmarketcap.com reveal that 82 out of the top 100 cryptocurrencies posted gains in a recent 24-hour period. Whether all cryptocurrencies are riding bitcoin’s coattails or investors are suddenly discovering altcoins is anybody’s guess. The total cryptocurrency market capitalization (price per coin times amount of coins in circulation) stands at $42.6…

Top 5 Things To Know About Cryptocurrencies

May J, 2017

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If you’ve had your ear to the fintech streets over the last few years, you’ve probably heard the term Bitcoin tossed around as cash’s digital counterpart. What you may not know is how Bitcoin’s emergence in 2009 has spawned a race across the globe to be part of the emerging trend. What exactly is Bitcoin? Will it replace cash? What does it mean for your small business? Here’s a quick rundown to get you up to speed. What is it?…

Top 10 Alternatives to Bitcoin

May J, 2017

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Top 10 Altenatives to Bitcoin Blockchain currency is revolutionizing money. Since Satoshi Nakamoto unveiled his cryptocurrency in 2008, we’ve witnessed a proliferation of digital cash companies and codebases. Utilizing his public, distributed ledger, dozens of promising currencies have emerged. Only a select few have proven themselves as true contenders to Bitcoin, however. Here are the top 10 altcoins on CoinMarketCap (note that the list is changing constantly, especially in the tail part, with other altcoins like MaidSafeCoin, Golem and Augur…

Bitcoin soars Above $1,400

May J, 2017

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Bitcoin Soars Above $1400 The price of bitcoin has bulldozed its way to a new historic all-time high on the Bitstamp Price Index (BPI) as the trading value of the cryptocurrency scaled beyond $1,400. Bitcoin prices are now trading at previously uncharted levels as the value of the cryptocurrency reached a high of $1,425 on Bitstamp on Monday. The previous high of $1,350 registered on March 10 amid heightened traders’ interest in the lead-up to the SEC decision about a…

Bitcoin Price Keeps Above $1300

May J, 2017

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Bitcoin Price Keeps Above $1300 The fact that trading volumes went down from the peak that was reached in preceding trading sessions lately didn’t stop price levels above $1300 from being maintained. BTC/USD rates might have peaked above $1340 through the last trading session, but in spite of the continuous selling pressure after that point, prices didn’t drop below $1315 levels. Major Signals Bitcoin markets maintain support levels above $1300 in spite of volatility caused by the return of…

Antigua and Barbuda Drafts Laws to Implement Bitcoin

April J, 2017

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Antigua and Barbuda Drafts Laws to Implement Bitcoin The government of Antigua and Barbuda is drafting laws “for the implementation of Bitcoin,” according to a local publication. The decision may have been influenced by online gambling mogul Calvin Ayre and even self-proclaimed “Bitcoin creator” Craig Wright. The Cabinet of the twin-island country Antigua and Barbuda has instructed their Attorney General, Steadroy Benjamin, “to draft laws for the implementation of Bitcoin,” reports the Antigua Observer. Antigua and Barbuda is a…