Bitcoin plunged more than 12 percent on Friday, falling below $ 3,400, its lowest point in over a year. The world’s most popular cryptocurrency is worth six times less than it was last December, when it traded at $ 20,000. Bitcoin traded at around $ 3,389 as of 9:30am GMT on Friday, falling around 12.2 […]
Tag: Bitcoin
When to Buy Bitcoin: A Guide to Stacking Satoshis
Article was originally published on CoinCentral by David Hamilton. Gaining a better understanding of when to buy Bitcoin can help you take your investment strategy to the next level. It has been an interesting year for Bitcoin and the entire cryptocurrency market. The crypto market shed the majority of its 2017 gains this year as […]
Bitcoin has lost most of its value this year
Other cryptocurrencies have followed suit
Ohio will soon be the first state to accept Bitcoin for taxes
Thomson Reuters Ohio is becoming the first US state to accept the Bitcoin cryptocurrency for business tax payments. Ohio politicians have been open about their desire to be on the forefront of blockchain technology adoption. It’s good news for Bitcoin and cryptocurrency among a stream of recent negative news. The state of Ohio will accept […]
Bitcoin has lost most of its value this year
ON DECEMBER 17TH 2017 the price of bitcoin on CoinMarketCap, a cryptocurrency exchange, neared $ 20,000. True believers hoped that was just the beginning. One analyst at a Danish investment bank predicted bitcoin could be worth $ 100,000 by the end of 2018. The year is not yet over. But as The Economist went to […]
Bitcoin And Blockchain Technology – A Guide For Newcomers
What is Bitcoin? What is Blockchain? How does Bitcoin work? If you search for answers to these questions, this article is just right for you as we will explain the basic concepts behind these two technological achievements. People from Bitcoinfy decided to clear some misunderstanding so you should also check the infographic below that’ll further settle […]
HashFlare Review | Cloud Mining Takes Another Reputation Hit
Article was originally published at CoinCentral by Ryan Smith. The popular cloud mining service HashFlare announced earlier this year that it had suspended services to its Bitcoin contract customers. In a July statement via Facebook the company noted the ongoing issues with SHA-256 contracts: “For over a month our users encountered a situation when the payouts were lower […]
An investment company is going bananas after saying it’s spinning off its crypto-mining business to position for a ‘bitcoin recovery’ (DPW)
Stephen Lam/Getty Images The investment company DPW Holdings has announced plans to spin off its crypto-mining business, Super Crypto Mining. It says it will pay a special dividend to shareholders of at least 80% of Super Crypto’s common stock. DPW says the spin-off will position Super Crypto for a “bitcoin recovery.” DPW shares spiked more […]
Bitcoin nosedives below $4,000, crashing through 2nd milestone in a week
Bitcoin (BTC) has hit a 14-month low, trading below the $ 4,000 threshold for the first time since last year, shedding thousands of virtual coins since the start of the week. BTC experienced a nosedive (to around $ 3,750) on Saturday evening, falling by 14 percent in a day and a staggering 25 percent since […]
Bitcoin and Ethereum fall to lows not seen since 2017
Enlarge (credit: Omar Marques/SOPA Images/LightRocket via Getty Images) Every major cryptocurrency was down sharply on Monday morning, with many hitting levels not seen since 2017. Bitcoin fell below $ 5,100, a low not seen since October 2017. Ethereum’s currency, ether, fell below $ 155—down 25 percent over the last week. Ether’s value hasn’t been this […]