Bitcoin Hits Multi-Week Highs Despite Continuing Altcoin Surge

By | January 5, 2018

Bitcoin Hits Multi-Week Highs Despite Continuing Altcoin Surge Bitcoin climbed 11 percent into Friday to post its highest price since mid-December: one coin was worth $16,920, cross-exchange data shows. Exchanges tracked by Coinmarketcap recorded an average trade price maximum of just under $17,000 earlier Friday before a slight correction saw Bitcoin head back towards $16,000. The performance is… Read More »

Altcoins chip away at Bitcoin’s dominance

By | January 2, 2018

Altcoins chip away at Bitcoin’s dominance Day three of the New Year and all is well in crypto land. The majority of altcoins are trading higher again in this morning’s Asian trading session with some posting 25% gains in the past 24 hours. Bitcoin itself has been slow to recover from its 40% slide last month and the… Read More »

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance

By | January 2, 2018

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks in 2018. The Chicago… Read More »

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance

By | January 1, 2018

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks in 2018. The… Read More »

Ripple Becomes Largest Altcoin As Bitcoiners Issue Warnings

By | December 30, 2017

Ripple Becomes Largest Altcoin As Bitcoiners Issue Warnings Ripple (XRP) has overtaken Ethereum as the largest altcoin by market cap in a surge which has divided the cryptocurrency community. After the payment network’s token reached as much as $2.65 on some exchanges this week, investors are celebrating returns which have topped 1,000 percent in just three weeks. At… Read More »

Bitcoin falls followed by altcoins

By | December 22, 2017

Bitcoin falls followed by altcoins The cryptocurrency market continues to fever. The rate of the first cryptocurrency fell to $12,000, while some altcoins fight to grow. The average rate of bitcoin fell to $12,217. Bulls continue to put pressure on the main cryptocurrency. Within the last five days, bitcoin has lost almost a third of its price. In… Read More »

‘Healthy Dip?’ Bitcoin Rediscovers $12,850, Altcoins Shed Up To 40%

By | December 22, 2017

‘Healthy Dip?’ Bitcoin Rediscovers $12,850, Altcoins Shed Up To 40% Bitcoin dipped as low as $12,855 Friday morning as traders watch a steep new correction unfold across cryptocurrency markets. From highs of over $20,000 on some exchanges last weekend, Bitcoin tumbled by up to 30 percent, echoing behavior seen during China’s exchange ban in September and the end… Read More »

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

By | December 19, 2017

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the… Read More »

Garzik Forks UnitedBitcoin Away from Maximalists to Support Altcoin Communities

By | December 14, 2017

Garzik Forks UnitedBitcoin Away from Maximalists to Support Altcoin Communities A new project called UnitedBitcoin (warning: the site autoplays audio) promises to add smart contract features using the UTXO model, support for the lightning network and SegWit, and eight-megabyte blocks. Headed up by Jeff Garzik, the lead developer behind the failed SegWit2x hard fork, along with Matthew Roszak… Read More »

Three Altcoins Crypto Investors Should Keep an Eye On

By | December 13, 2017

Three Altcoins Crypto Investors Should Keep an Eye On Matthew Hrones · December 12, 2017 · 7:30 pm Bitcoin has been on the rise for over a year, but what many people aren’t paying attention to are the other coins that are making waves in their own regard. Some have unique features that other coins don’t, and most… Read More »