All You Need To Know About Dollar-Denominated Cryptocurrencies A well-known obstacle to the greater popularity of Bitcoin as a medium of payment is the high volatility of its exchange value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand […]
Majority of Nigerians Have Faith in Bitcoin A recent survey indicates that Nigerian trust Bitcoin more than gold when it comes investments. Bitcoin is rightly deemed as the “Digital Gold”. The cryptocurrency, introduced to the world in 2009 has all the properties of gold, except for the weight and these features aren’t lost on the […]
Cyprus SEC gets Tough on International Forex, Bitcoin Traders International Forex trading hub Cyprus has signaled that “comply or close shop” standards will be enforced within nine months, causing uncertainty among FX companies, some of them holding Bitcoin/fiat positions. Retail trading companies located on the island offering clients Bitcoin/fiat pair options have yet to […]
Buy Bitcoin at Paybis With Credit Cards, Its Easy EDINBURGH, Scotland, April 5, 2017 /PRNewswire/ — Users on the leading digital and cryptocurrency exchange platform Paybis can now buy Bitcoin instantly with their credit card. The new feature makes Paybis one among the few platforms that offer such an option. Paybis accepts credit […]
Bitcoin Steams Ahead Cryptocurrency enthusiasts will have noticed that bitcoin’s price has been going up steadily over the past few days. It is always difficult to pinpoint the exact reason for this behavior. Japan’s new cryptocurrency regulation went into effect, and there is a big bitcoin marketing campaign on the /r/place subreddit. Both factors may […]
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 […]
Bitcoin Recognised as a Currency in Japan Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privilege follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on April 1, […]
Bitcoin vs Gold: Which is a Better for Long Term Investment Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years. […]
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 […]
Is It Too Late to Buy the Top Cryptocurrencies While the majority perceives digital currencies including Bitcoin, Monero, Dash and Ether as either a means of payment or a token for development, there still exists a relatively large group of users who consider these digital currencies as short and mid-term investments. Many investors within […]