Price of Bitcoin Breaks the $7,400 Mark; Top 20 Coins Report Moderate Gains
As per news reports on 22 December, a majority of the top 20 cryptocurrencies are currently reporting moderate gains during the time of the press meet. Bitcoin (BTC) breaches the $7,400 mark again. Bitcoin, as we know, is a consensus network that offers a new payment system and a completely digital currency. It is a…
Can Bitcoin’s Price Surpass $15000?
Tyler Winklevoss, one among the co-founders of the Gemini cryptocurrency, has argued on social media that the Bitcoin might surpass the $15000 mark with ease if it could break the psychological $10,000 mark. It is regarded as a psychological level by many investors in the market. With Bitcoin nearing the so-called ‘FOMO’ (Fear of Missing…
Bitcoin Prices Reaches Near $8K
Last Wednesday, it was reported that Bitcoin was trading under $6000. In just one week, it has increased to more than $8000. It continues its record run after climbing 16% overnight. This coin is now unstoppable. It is experiencing a bull run. Just a week ago, it was trading for about $5700 and about two…
Will Cryptocurrency Price Hike in 2018?
Since the time Bitcoin surfaced, there have been a lot of speculations about the same. It was 2009 when the world saw the rise of a new era of economic transformation. Cryptocurrencies became the other medium of money exchange. It’s only because of Bitcoin that new technology came into existence. Blockchain lies at the heart…
How To Get Started With Bitcoin Mining?
Bitcoin and other cryptocurrencies have received a lot of media attention over the course of the last year due to the astronomical rise in prices in the cryptocurrency markets. This has led a lot of young investors to invest in cryptocurrencies and look at other ways to acquire the various digital currencies. Bitcoin (and other…
What is the COCO framework? How is Ripple different from Bitcoin?
Microsoft has released the Confidential Consortium, also called the COCO framework to make the Ethereum or Bitcoin blockchain actually usable for businesses. The COCO Framework brings a much-needed scalability upgrade to Ethereum and boasts of handling more than 1000+ transactions per second. Therefore, the COCO framework combined with the Ethereum blockchain provides a secure and…
Why is India banning Bitcoin but adopting Blockchain?
The new bill is here, and we have some great transformations in it. One of it is the ban on the cryptocurrency. As per Arun Jaitley, the Finance Minister, all forms of cryptocurrency have been banned. It’s not only India that has done this, but there are also many nations which are following the suit,…
How Does Bitcoin Mining Work and Why is it Done?
The Bitcoin protocol is a very sophisticated mechanism for processing transactions in a decentralized fashion. Eliminating the middlemen in a transaction helps in giving more control to the individuals regarding how they want to manage their wealth. Mining is a central part of the Bitcoin ecosystem which could also seem somewhat complicated at first. Here…
How does Bitcoin Money Laundering work?
Despite the dozens of benefits that Bitcoins and the Blockchain Technology have to offer compared to the traditional banking system, there is a risk that Bitcoins can be used for money laundering. This is because Bitcoins are not linked to a person’s identity and only depend on the private key connected to the Bitcoin account….
What is the Best Strategy to Invest in Blockchain Technology?
The last couple months have seen an unprecedented level of interest in Blockchain Technology thanks to the multifold returns that many cryptocurrencies have seen in 2017. Investors are eager to be part of the Web 2.0 infrastructure that is being referred to as the “Internet of Money.” However, as with any other investment vehicle, cryptocurrency…
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