Venezuela Cracks Down On Cryptocurrency Mining

Venezuela Cracks Down On Cryptocurrency Mining   Cryptocurrency mining has become an important source of income in Venezuela, a country ravaged by hyperinflation, but it has also become hazardous as police are cracking down on people they suspect of using too much electricity. Venezuelans have turned to cryptocurrencies as inflation has ravaged the official bolivar, […]

Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off

Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off The bitcoin price touched $5,000 this morning, ushering in a historic moment for the cryptocurrency ecosystem. Unfortunately, this achievement also triggered off a comprehensive market sell-off. Almost every major cryptocurrency–including ethereum, Ripple, and IOTA–experienced significant price decreases. Chart from CoinMarketCap The sell-off led to a significant […]

Bitcoin Price Nears $5,000; YTD Growth Exceeds 400%

Bitcoin Price Nears $5,000; YTD Growth Exceeds 400% 2017 has been a breakout year for bitcoin and the cryptocurrency ecosystem as a whole. Now, as the bitcoin price approaches $5,000, it’s an excellent time to look back at the trials and triumphs that have contributed to this 400% YTD rally. Global Adoption & the Road […]

Bitcoin’s nearly five-fold climb in 2017 looks very similar to tech bubble surge

Bitcoin's nearly five-fold climb in 2017 looks very similar to tech bubble surge David Ader, chief macro strategist at Informa Financial Intelligence, shows how bitcoin's gains resemble that of the Nasdaq Telecommunications Index before the tech bubble burst. Bitcoin has gained nearly 400 percent this year, helped by increased interest from institutional investors. However, digital […]

Ethereum, Bitcoin Prices Rally Despite Sluggish Market

Ethereum, Bitcoin Prices Rally Despite Sluggish Market Bitcoin and ethereum continued to rally on Wednesday, pushing the total value of all cryptocurrencies higher even as the wider markets were mostly red. The bitcoin price punched through $4,500 to set a new all-time high, while the ethereum price looks poised to make a record-setting run of […]

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices The U.S. Securities and Exchange Commission (SEC) has issued an investor alert intended to warn the public about companies using claims about initial coin offerings (ICO) to manipulate their stock prices. SEC: Avoid ICO-Related Microcap Scams The alert, which was published by the SEC Office […]

Bitcoin Cash – The New King of Cryptocurrency

Bitcoin Cash – The New King of Cryptocurrency Less than a month ago, a few new lines of code and a verbal agreement forked the Bitcoin blockchain, creating a newer, more nimble version called Bitcoin Cash. Since its arrival on Aug. 1, the infant cryptocurrency has more than doubled in value from $300 to a […]

Miners Are Milking Bcash’s Difficulty Adjustments

Miners Are Milking Bcash’s Difficulty Adjustments   Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC) on multiple occasions over the past week or two. This is creating a new dynamic within Bitcoin’s ecosystem — one which is not really beneficial for either coin. In Bitcoin Magazine's previous article on […]

Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires

Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires Wall Street’s traders Mike Komaransky and Chase Lochmiller have achieved greater financial success by trading cryptocurrencies like Bitcoin and Ethereum. They’re the only ones withdrawing their funds from stocks. In fact, CNBC reports that many stock traders are pulling out their billions from the stock market. […]