Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed Cryptocurrency

Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed CryptocurrencyThe first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro’s miners where he will release the whitepaper for the new currency. Also read: Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency 100 Million Petros Incoming On Friday Venezuela’s […]

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Siacoin Price Reaches a new All-time High of $0.093

siacoin largeIn the world of cryptocurrency, there are so many currencies worth keeping an eye on, it almost becomes impossible to keep tabs on everything. One of the currencies in the top 25 making a lot of waves recently is Siacoin. Most people are familiar with this project, and it seems the native currency is finally appreciating in value to represent the potential value of this project. Thanks to an 86.15% gain over the past 24 hours, things are looking pretty good for the Siacoin price. Major Gains for the Siacoin Price Although most people only keep tabs on the top

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Former Iced Tea Firm Plans to Mine Bitcoin in the Nordic Region

Just recently we reported on the beverage firm Long Island Iced Tea Corp and its share price increase by more than 400% immediately after it rebranded to “Long Blockchain Corporation.” On January 4, the company filed with the U.S. Securities and Exchange Commission (SEC), stating its intentions to mine bitcoins and purchase 1,000 Bitmain manufactured Antminer […]

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BitPay Issues Statement On Visa Card Discontinuation: Money Safe, Refunds Pending

All money that has been deposited on the cryptocurrency debit cards provided by BitPay, Bitwala and Wirex prior to yesterday will be returned to the owners. This is according to the statements issued by all three companies in the wake of Visa’s decision to suspend the status of WaveCrest, the card provider that was servicing them. #NEWS

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Litecoin Price Inches Closer to Retaking $300 Again

TheMerkle Litecoin Price MomentumToday could prove to be a very good day for people still holding Litecoin as part of their portfolio. Although the past few weeks have been quiet, we see a nice move upward for the Litecoin price over the past 24 hours. Thanks to a 20% gain in USD value and a 10% gain over Bitcoin, the Litecoin price is approaching the $300 level once again. Some people would say this upward momentum is long overdue. Litecoin Price Wakes up Once Again It is fairly obvious all cryptocurrency markets are slowly getting back on track in the new year. The

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United States of Bitcoin: Illinois Gives Crypto Love While Other States Hate

United States of Bitcoin: Illinois Gives Crypto Love While Other States HateThe United States continues to divide over the issue of cryptocurrency generally and bitcoin in particular. Idaho and Alaska issued crypto investment warnings, while Iowa’s Insurance Division cautions against the digital asset’s “high risk,” and Utah announces “scam” scares. Illinois bucks the worrywarts, however, and is instead crafting legislation that would welcome crypto businesses and […]

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Shapeshift Throws Its Support Behind the Bits Standard for Measuring Bitcoin

Shapeshift Throws Its Support Behind the Bits Standard for Measuring BitcoinBitcoin developer Jimmy Song is on a mission to redefine the default standard for measuring bitcoin. If Song has his way, BTC will be recorded in “bits” by default, with each bit corresponding to one thousandth of a bitcoin. His Bitcoin Improvement Proposal for bits was submitted in December and this week, the plan came […]

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Cryptocurrency Valuations Have Created Very Wealthy Founders

Cryptocurrency Valuations Have Created Very Wealthy FoundersBitcoin has been on a tear for well over a year now, but a few other cryptocurrencies have increased in value far more than BTC. This past week the two digital assets ripple (XRP) and ethereum (ETH) have spiked in value exponentially, making the founders of these projects some of the wealthiest men in the […]

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