Etherium

Bitcoin Price Could Double with Scaling Resolution: Hedge Fund

Bitcoin Price Could Double with Scaling Resolution: Hedge Fund   Global Advisors, a U.K.-based investment firm that has developed an investment program to provide market exposure to the price of bitcoin, recently offered an upbeat outlook on bitcoin. The assessment noted that Litecoin’s recent soft fork gives reason to think the scaling solution could be applied to bitcoin, possibly doubling its price. Taking measure of the range of news around bitcoin of late, the Global Advisors’ assessment quoted the late…

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Ripple Market Capitalization Soars, Surges Past Ethereum

Ripple Market Capitalization Soars, Surges Past Ethereum   Ripple tokens have hit a massive upswing in market capitalization over the last day, surging past Ethereum and nipping at bitcoin’s heels. At end of day May 14, Ripple’s market capitalization was at about $8,345,000,000. Ripple continued surging well into the next day at about $11,500,000,000, continuing to climb. This has occurred in an oscillating fashion over the last few weeks, as Ethereum and the blockchain transfer token duke it out for…

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

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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Hefty Trading Boost Cryptocurrency Market Cap Soars Above $40 Billion

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…

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Cryptocurrency Inflation V Deflation

Cryptocurrency Inflation v Deflation   In the world of cryptocurrency, there are two main types of ecosystems. Either a cryptocurrency is inflationary – with new coins generated by mining or staking – or it is deflationary. A lot of people claim bitcoin’s deflationary status is a problem, and how minor inflation could alleviate these concerns. However, there are different aspects of either concept that need to be taken into account first.   1. DEFLATION   Most cryptocurrency enthusiasts are well…

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Poloniex-Traders-Panic-and-Suffer-Losses-Due-to-System-issues

Poloniex – Traders Panic and Suffer Losses Due to System issues Plenty of cryptocurrency traders are not too amused with Poloniex right now. The popular altcoin exchange suffered from several brief outages yesterday. During the panic, the Ripple price crashed hard and Ethereum lost US$1bn in market cap. It is unclear what occurred exactly, but we do know traders lost a lot of money in the process. It is unclear what will happen to the people who lost money, though.…

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Ethereum style smart contracts for Bitcoin in June

Ethereum style smart contracts for Bitcoin in June   Ethereum has gained a lot of attention over the past year or two as it became the second most valuable cryptocurrency by market cap. The platform enables the execution of smart contracts, a feature coming to Bitcoin in the form of RSK. On a recent episode of Coin Interview, RSK’s co-founder, Gabriel Kurman, claimed that RSK’s private testnet will turn into a public testnet on May 22nd at the 2017 Consensus…

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Bitcoin wobbles as traders turn to other cryptocurrencies

Bitcoin wobbles as traders turn to other cryptocurrencies It's been a volatile period for Bitcoin investors, as holders of the cryptocurrency prepare for a potential 'fork' in the blockchain. From Friday morning until Monday afternoon, Bitcoin was trading under the $1,000 level, and even fell beneath $900 on Saturday. This is significant as, barring the weekend of March 18 and 19, Bitcoin has traded above $1,000 since early February and hit a fresh all-time high of around $1,325 on March…

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A Regulated Cryptocurrency

A Regulated Taxable Cryptocurrency Regulatory compliance and cryptocurrency are unlikely bedfellows; paying tax on crypto transactions isn't even in the room. But times are changing. We are seeing a crop of services doing just those sorts of things, leveraging the transparent, immutable nature of distributed ledgers to track and trace cryptocurrencies. Recently the IRS has been rattling sabres at Coinbase in a move to get cryptocurrency holders to pay tax on transactions. According to court filings, less than 1000 people…

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