Cryptocurrency

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…

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Bitcoin is going wild — here’s what the cryptocurrency is all about

May J, 2017
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Bitcoin is going wild — here's what the cryptocurrency is all about Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines after soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April. In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins…

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Billion Dollar Cryptocurrency Club Swells to Six Members

May J, 2017
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Billion Dollar Cryptocurrency Club Swells to Six Members Bitcoin’s market cap surpassed $37 billion today when the price hit $2271.16, commanding more than a billion in trade volume in a 24-hour period, according to coinmarket.com. The total value of the coin market is now at $81.3 billion, as the last two days added more than $10 billion to the capitalization. Bitcoin’s value has almost doubled in the last month, even while its market share has fallen below 50%, thanks to…

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Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge

May J, 2017
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Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge The price of Bitcoin and Ethereum have exploded in 2017. The question is whether there is sufficient upside potential to consider investing in cryptocurrencies. Stated differently, is it still worth looking into cryptocurrencies as an investment or is it too late? The key consideration is that Bitcoin is not the only cryptocurrency to invest in. On the other hand, Bitcoin has made cryptocurrencies popular and even more secure. Yes,…

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As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews

May J, 2017
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As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews   Imagine you are slightly late for work, quickly getting a shower, brushing your teeth and all the rest, walking – in an almost running manner – to the tube station, to then find out there are 200,000 people waiting outside to get the train. What’s more, the train only handles 4,000 individuals and arrives every ten minutes, during which period new individuals arrive at a rate…

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Bitcoin Price Breaks $2,000 in Historic All-Time High

May J, 2017
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Bitcoin Price Breaks $2,000 in Historic All-Time High   Bitcoin price has, for the first time in its history, reached $2,000 and beyond during trading on Saturday. The world’s most prominent cryptocurrency began trading in 2017 at $1,000 per coin, with today’s new all-time high representing a doubling of value for bitcoin. On an average, bitcoin price climbed to $2,040.88 in global trading markets. On the Bitstamp Price Index (BPI), price struck a high of $2,020. Trading leading into Saturday…

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UNDERLYING ASSET BITCOIN VALUE CLOSER TO $3000

May J, 2017
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UNDERLYING ASSET BITCOIN VALUE CLOSER TO $3000   Bitcoin price has been skyrocketing, before this weekend’s cyber attack hiccup, but prices are again on the move upward. How much is a Bitcoin really worth right now? American investors are seeing a true value of more than 70% higher than the market rate this week. As Bitcoin does not have any real level of mainstream investor access like an ETF, even though that is still a possibility, the next best thing…

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Cryptocurrency Bubble?

May J, 2017
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Cryptocurrency Bubble ?   Some credible sources are citing a possible "cryptocurrency bubble", as the prices of coins and tokens rocket and the fever for initial coin offerings (ICOs) continues unabated. All this stuff involves the technology known as blockchain, so it's all broadly related, but there are also certain distinct phenomena to consider. On the one hand, we are seeing a massive increase in the price of Bitcoin, ether, Dash, Z-Cash, Monero, what have you. Also surging is the…

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Cryptocurrency Ethereum soars by 900 per cent as stellar performer gets Chinese boost

May J, 2017
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Cryptocurrency Ethereum soars by 900 per cent as stellar performer gets Chinese boost   A CRYPTOCURRENCY that allows users to move value around as well as represent the ownership of property has rocketed by 900 per cent in just a year. Ethereum, which uses apps that run on a custom built blockchain, an enormously powerful shared global infrastructure, is attracting serious investor interest over its incredible financial returns. The blockchain app, which claims it allows developers to create markets, store…

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Cryptocurrency – Looking Forward from May 2017

May J, 2017
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Cryptocurrency – Looking Forward from May 2017 For cryptocurrency enthusiasts, developers and investors, the first half of 2017 has been nothing but exciting. Very few people would have predicted the trends that we are now seeing today: a vibrant and rapidly growing altcoin market, massive all time highs for both Bitcoin and Ethereum and an initial coin offering (ICO) crowdfunding mechanism that is creating enormous investor hype. Among all of this noise are a number of very interesting developments. These…

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