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Indians Petition Government Demanding Legal Status for Cryptocurrencies

April J, 2017
Market Hive
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Indians Petition Government Demanding Legal Status for Cryptocurrencies The Indian cryptocurrency ecosystem recently woke up to a shocking news on leading media outlets. It was reported that the use of Bitcoin in the country is illegal and could attract penalties under anti-money laundering laws. However, the report was not entirely accurate, and the news platforms were quoting a Member of Parliament seeking the implementation of cryptocurrency regulations by calling Bitcoin a “Ponzi scheme”. While the confusion was eventually cleared, the…

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Ethereum style smart contracts for Bitcoin in June

March J, 2017
Market Hive
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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

March J, 2017
Market Hive
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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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Will The Bitcoin System Change Drastically in 2017

March J, 2017
Market Hive
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Will The Bitcoin System Change Drastically in 2017 Bitcoin continues to be as popular as it is volatile. Prices have been fluctuating since the beginning of the year, hitting an all-time high at more than $1,300 per unit a couple of weeks ago. Nevertheless, value has yet to stabilize for a number of factors. The cryptocurrency market has more competitors entering the game every day, with alternatives like Ethereum and Litecoin gaining more ground in the digital world. Still, they…

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Bitcoin Can Allow Mobile Payment System

March J, 2017
Market Hive
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Bitcoin Can Allow Mobile Payment System What Bitcoin solves… The essence of mobile payment systems is to make the life of individuals comfortable. Mobile payments are supposed to offer clients a convenient method of paying for goods and services while on the go. Since mobile payment solutions were introduced, experts have been saying that mobile payment is the biggest innovation in this age and that it is set to change the lives of individuals and businesses alike. The beauty of…

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