Tag: Bitcoin

Basis, a year-old startup that’s building a price-stable cryptocurrency, just raised $133 million from top investors | TechCrunch

Basis, a year-old startup that’s building a price-stable cryptocurrency, just raised $133 million from top investors | TechCrunch

The three founders, who worked at D. E. Shaw and Google out of school, have their eye on three ways to get their cryptocurrency adopted. The developing world is one target market, given that many countries’ currencies are inflating at annual rates of 5 to 10 percent and sometimes more. (Bitcoin was intended to solve […]

Someone made a game where you ride the rapidly changing prices of cryptocurrencies | TechCrunch

Someone made a game where you ride the rapidly changing prices of cryptocurrencies | TechCrunch

The cryptocurrency world is a strange one, but at least it has a sense of humor. A new game has you riding a little crypto-car along the wildly fluctuating prices of major and minor currencies. It’s quite ridiculous, and it isn’t even a bad game! It’s called Crypto Rider, predictably, and is very much a […]

Bitcoin Mining Pressures Hardware Prices | NewsBTC

Bitcoin Mining Pressures Hardware Prices | NewsBTC

Prices of PC Components Skyrocket Due to Bitcoin Mining The cryptocurrency mining boom is taking the blame for the inflationary prices in the PC hardware industry. The exponential demand for processing power and memory needed to mine crypto hashes for cryptocurrency is not being followed by similar growth in industrial capacity to supply those items. […]

‘The Bulls Are Back’ As Bitcoin Prices Surge | Forbes

‘The Bulls Are Back’ As Bitcoin Prices Surge | Forbes

Bitcoin prices rose sharply today, showing that bullish sentiment has returned to the digital currency markets. “The bulls are back in charge,” said analyst Charles Hayter, who pointed to Bitcoin’s robust intraday gain and a short squeeze taking place on Bitfinex. The world’s largest cryptocurrency reached $8,055.20, climbing almost 20% in less than six hours, CoinDesk Bitcoin Price […]

How exchange listings affect cryptocurrency prices | Brave New Coin

How exchange listings affect cryptocurrency prices | Brave New Coin

In 2017, hundreds of new digital tokens emerged onto the scene thanks to a booming ICO market. However, many of these new digital tokens and currencies never get in front of crypto investors or near the public eye because they fail to get listed on the major digital asset exchanges. Without the support of major […]

With RBI’s near-ban announcement, cryptocurrency prices crash sharply | Business Standard News

With RBI’s near-ban announcement, cryptocurrency prices crash sharply | Business Standard News

Without saying so categorically, the Reserve Bank of India (RBI) as good as banned crypto currency on Thursday. As a result, prices of bitcoin and other crypto currencies on Indian exchanges have crashed. Bitcoin was trading at $6,950 in international market just before RBI announcement but in India on Zebpay, a leading crypto exchange, it […]

Bitcoin price ‘crash’: Cryptocurrency value could be stifled by shock Coinbase decision | Express.co.uk

Bitcoin price ‘crash’: Cryptocurrency value could be stifled by shock Coinbase decision | Express.co.uk

Reddit users recently discovered that they were unable to purchase the site’s premium membership using the cryptocurrency that could add to Bitcoin’s current price woes. User Emoney04 claimed that the decision was made in preparation for an “upcoming Coinbase change”. When questioned on whether the site had removed the Bitcoin payment option, they wrote: “Yup […]

Bitcoin Today: Prices Tumble Below $8,000 as Twitter Confirms Crypto Ad Ban | TheStreet

Bitcoin Today: Prices Tumble Below $8,000 as Twitter Confirms Crypto Ad Ban | TheStreet

Bitcoin prices were crumbling Monday as corporate entities made more dramatic moves to enact cryptocurrency bans. After spending the morning hovering above the $8,000 mark, bitcoin dipped below that threshold in early afternoon trading to slump as low as about $7,875. The slide in price came following a very low-volatility week for bitcoin. The range in […]

Bitcoin’s Bubble Is Bursting. How Low Will Prices Fall? | Forbes

Bitcoin’s Bubble Is Bursting. How Low Will Prices Fall? | Forbes

Professional investors and amateur traders alike predicted that Bitcoin’s price would increase even more in 2018.  “Bitcoin will never crash,” said one Reddit user, “because then everyone would buy it when it’s much cheaper.” Like everyone buys the dips in a highly volatile high-yield market. Others looked forward to universal adoption and a price tag in […]

Bitcoin Price Spirals Toward $8,000 After Google Bans Cryptocurrency Ads | Investopedia

Bitcoin Price Spirals Toward $8,000 After Google Bans Cryptocurrency Ads | Investopedia

Bitcoin prices took an 11% dive Wednesday after Google announced it will ban cryptocurrency advertising on its platform. The ban takes effect in June. The price of one bitcoin token (BTC) was about $8,137 as of this writing, down 11% from 24 hours earlier. The original virtual currency hit an intraday low of $7,955, according to CoinDesk. The […]