Bitcoin

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Markets Update: BTC Value Against the Dollar Continues to Slide

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Another holiday cryptocurrency market slump is here as bitcoin, and a broad swathe of other digital assets, are hitting new lows during New Year’s Eve weekend. On Saturday, December 30 around 7am EDT, the price of bitcoin (BTC) touched a low of $12,240 across global exchanges after coasting along at $14,300 for most of Friday’s … Read more

Trading Tip `The Wall´ – Absurd Profits from Zclassic a.k.a. Bitcoin Private

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In just 3 months, the price of Zclassic (ZCL) has increased by +5,768%. In this post, I’ll give some background to what Zclassic is and try to explain what is going on with it. Also read: The Art of Buying the Dip A Quick History Lesson on Zclassic Zcash (ZEC) is a privacy-centric cryptocurrency that launched … Read more

The Man Who Lost 7,500 BTC to a Landfill, and the Council That Won’t Let Him Go Digging

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Imagine that you had over US$100 million worth of Bitcoin rotting away in a landfill and there was nothing you could do about it. Welcome to the world of James Howells, a Welsh IT worker who threw away a hard drive containing Bitcoin he’d mined back in 2009. The Newport South Wales City Council has repeatedly denied his … Read more

Five Trading Strategies to Build BTC Wealth During Altcoin Downtrends

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During a remarkable year for Bitcoin, and especially the past six months, many altcoins have seen an ever-dwindling BTC price. In response, many traders have shifted their focus to prioritizing dollar profits rather than Bitcoin. While it is much easier to be USD-profitable while Bitcoin surges, there are still a number of strategies traders employ to continue … Read more

Australian Freeze: Big Aussie Banks Denying Bitcoiners

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Bitcoiners in Australia claim banks are on purpose freezing their bank accounts, disallowing exchange transfers, and at least one exchange is over-reacting to the freeze. They’re so unnerved they’ve done what any good crypto enthusiast does: air it all on social media and in comment threads.   Also read: Bitcoin’s Value — Like Beauty — Is … Read more

Surveys: 73% of Russians Will Increase Crypto Investments

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A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want … Read more

Thailand’s Year of Bitcoin Ends with Central Bank Education Push

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This week the Kingdom of Thailand announced its major regulators would team up in order to better educate its people about the world’s most popular cryptocurrency, bitcoin, openly worrying it might be a Ponzi scheme. This comes after its central bank issued reminders the digital asset was not legal tender. And so The Year of … Read more

Poloniex Now Requires Legacy Trading Accounts to Verify Identity

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This week the popular cryptocurrency exchange based out of Delaware, Poloniex, has issued a notice to legacy account holders. According to the exchange, all traders who use the platform must verify their identity using the company’s upgraded verification portal. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Legacy Account Holders … Read more

Singapore Judge Dismisses $43M High Profile Bitcoin Case

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Recently Singapore had its first high profile legal case involving over 3,000 BTC in a dispute between the UK-based company B2C2 and the local cryptocurrency exchange Quoine. According to the Singapore Commercial Court documents, Judge Simon Thorley has dismissed the plaintiff B2C2’s case for US $43Mn worth of bitcoins. Also read: While Bitcoin Trades Above $19K … Read more