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 […]

Will The Bitcoin System Change Drastically in 2017

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 […]

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 […]

Bitcoin Can Allow Mobile Payment System

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 […]

UK Banks Shun Bitcoin !

Banks in the United Kingdom are turning a deaf ear to bitcoin exchanges, despite the government’s pro-blockchain position, according to financial writer Roger Aitken, writing in Forbes. Unless the situation changes, the banks will undermine bitcoin’s progress and drive Cryptocurrency entrepreneurs out of the banking system. This fact together with the uncertainty  surrounding the pound due […]

Will $1,000 become new baseline for Bitcoin

Recently, the price of bitcoin surpassed US$1,000 for the first time since the first few days of January. It stabilized at the $1,020 margin in most global markets and exchanges. Some regions like South Korea, Japan and China demonstrated arbitrage opportunities, with bitcoin being traded at around 7~8% premium. bitcoin being traded at around $1,100 […]