Bitcoin

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It was designed to work as a decentralized digital currency without a central bank or single administrator, though in practice many aspects of it use are centralized. Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, and thefts from exchanges.
Bitcoin is accepted here. Get the latest news and discussion about the digital currency.
  • 5 Ways to Short Bitcoin
    Investopedia

    5 Ways to Short Bitcoin

    For those investors who believe that bitcoin is likely to crash at some point in the future, shorting the currency might be a good option. One of the easiest ways to short bitcoin is through a cryptocurrency margin trading platform. Many exchanges allow this type of trading, with margin trades allowing for investors to "borrow" money from a broker in order to make a trade.

  • Back Above $4k: Bitcoin’s Price Jumps to a Two-Month High
    Coindesk

    Back Above $4k: Bitcoin’s Price Jumps to a Two-Month High

    Bitcoin's price returned above $4,000 on Saturday for the first time in over a over eight weeks as the broader cryptocurrency market flashed green.

  • Ethereum Slayers 2.0: Crypto’s Usual Suspects, or New Kids on the Blockchain?
    CCN

    Ethereum Slayers 2.0: Crypto’s Usual Suspects, or New Kids on the Blockchain?

    Whenever a new blockchain platform launched between 2017 and 2018, it was inevitably heralded as a future replacement for the largest, most successful cryptocurrency platform of all. In short, it came bearing the name of Ethereum Killer. Those prophecies turned out to be premature, and by 2019 the hit that’s been put out on Ethereum is still waiting to be cashed. A year is a long time in the crypto space, and many would argue that the lineup of possible contenders for Ethereum’s throne has changed already. New upstarts have come to the fore, while some who’ve been in the

  • Coin Rivet

    Peer-to-Peer Bitcoin marketplace Paxful announces JV with BitMart

    21st February 2019 – Paxful, a peer-to-peer Bitcoin marketplace, announced today an integration onto BitMart, a premier global digital asset trading platform in the cryptocurrency market with over 600,000 users worldwide. This partnership comes at a pivotal time for the crypto community and serves as a step the two entities have taken together in the hopes of increasing liquidity and scalability. The integration will allow users to make payments via Paxful on the BitMart platform, marking the first efforts of the latter in joining the fast-growing peer-to-peer financial revolution. Paxful promotes a global peer-to-peer payment logistics platform for the future, allowing direct payments to be made from user to user, which eliminates the need for third-party interactions. With a focus on The post Peer-to-Peer Bitcoin marketplace Paxful announces JV with BitMart appeared first on Coin Rivet.

  • Bitcoin Spikes 5% to $4,100 in Just 2 Hours, Analyst Says Market Turning Bullish
    CCN

    Bitcoin Spikes 5% to $4,100 in Just 2 Hours, Analyst Says Market Turning Bullish

    Within less than two hours, the Bitcoin price surged from $3,920 to $4,137 by more than 5 percent against the U.S. dollar. The abrupt and strong performance of the dominant cryptocurrency fueled other major crypto assets in the likes of EOS, Ethereum, and Litecoin to record large gains in the range of 4 to 7 percent. Ethereum spiked from $147 to $157 immediately after the initial price movement of Bitcoin by around 6.8 percent. Confidence is Returning to Bitcoin and the Crypto Market Speaking to CCN, Three Arrows Capital CEO Su Zhu stated that the recent price movement of cryptocurrencies

  • Newsflash: Bitcoin Price Rips Past $4,100, Crypto Market Cap Hits $139 Billion
    CCN

    Newsflash: Bitcoin Price Rips Past $4,100, Crypto Market Cap Hits $139 Billion

    The bitcoin price broke higher on Saturday, ripping past the psychological resistance at $4,000 and briefly stretching above $4,100. The flagship cryptocurrency had been hovering in the low $3,900s for most of the week after touching $4,000 on Feb. 18. Trading volume had begun to decline, leading some analysts to question whether the market was going to consolidate before making another push higher. However, overall cryptocurrency market trading volume spiked back toward $27 billion on Saturday, enabling the bitcoin price to launch as high as $4,137 on Bitstamp before settling back down to a present value of $4,090. Other top

  • Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements
    Cointelegraph

    Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements

    Bitcoin (BTC) is hovering under the $4,000 mark again, according to Coin360 data. At press time, Bitcoin is down 0.26 percent on the day, trading at around $3,976 after a brief mid-day high of $4,005, according to CoinMarketCap data. Looking at its weekly chart, the current price is over 8 percent lower than $3,643, the price at which Bitcoin started the week.

  • Report: Russian State Duma to Review Crypto Regulation, Oil-Backed Crypto in Development
    Cointelegraph

    Report: Russian State Duma to Review Crypto Regulation, Oil-Backed Crypto in Development

    The Russian State Duma (the lower house of the Federal Assembly of Russia) plans to review and adopt new cryptocurrency regulation in March.  The former Energy Minister Igor Yusufov is also proposing an oil-backed crypto, Russian financial outlet Rambler reported on Feb. 21. Furthermore, Rambler reports that the head of the Energia investment-oriented corporation, former Energy Minister Igor Yusufov, also has tangible prospects for proposing an oil-backed cryptocurrency. In an interview with Rambler, Yusufov reportedly said that the introduction of a crypto settlement system on the energy market could allow for the avoidance of costs associated with the use of not-backed-up currencies and the fluctuations of their exchange rates.

  • Coin Rivet

    Welcome to the spring of crypto innovation, Alexis Ohanian

    The crypto hype is gone, and that’s a good thing, according to Reddit and  Initialized Capital Co-Founder, Alexis Ohanian. In an interview with Yahoo Finance,  he says: “So this is the crypto winter, no doubt. But a friend of mine, Brian Armstrong (CEO of Coinbase) said this is the spring of crypto innovation. And what he means is, yes, the prices are depressed. The speculators have fled. And that’s great because the people who are now building on crypto are true believers. And they’re actually builders. They’re actually building the infrastructure that it’s going to take to really make this happen.” He adds: “For all of us who have been in this since, I mean, we were the seed investors in The post Welcome to the spring of crypto innovation, Alexis Ohanian appeared first on Coin Rivet.

  • John McAfee Blows His Own Horn Over Bitcoin Price Predictions
    CCN

    John McAfee Blows His Own Horn Over Bitcoin Price Predictions

    The media and others have it all wrong when it comes to predicting Bitcoin’s price movements. This according to John McAfee who believes he’s the only one who can make such calls accurately. The founder of software giant McAfee took to Twitter this week to give his thoughts. But I Already Said That! It’s been several months since McAfee tweeted specifically about Bitcoin’s price. It seems the latest predictions made by several people didn’t sit well with him. One of the things that go hand-in-hand with Bitcoin and other cryptos relate to price predictions. Everyone, it seems, has an idea

  • Texas Crypto Fund Unveils Two New Ways to Value Bitcoin
    CCN

    Texas Crypto Fund Unveils Two New Ways to Value Bitcoin

    In a paper published this week, Tuur Demeester’s US crypto fund, Adamant Capital, suggests two new ways of determining the relative market value of Bitcoin. One measures investor sentiment; it’s called Relative Unrealized Profit/Loss Ratio. HODLer Position Change (HPC) is perhaps more interesting. Adamant finds HPC by measuring blockchain “liveliness.” They explain the concept as such: “A blockchain where all the coins move within a single block has at that moment a Liveliness of 100%. A blockchain of two years old with no new block rewards, and where exactly one year ago all coins moved within a single block and

  • Korea Bitcoin ETF Approval Depends on US SEC Decision, Admits Stock Exchange Official
    CCN

    Korea Bitcoin ETF Approval Depends on US SEC Decision, Admits Stock Exchange Official

    South Korea has joined the cryptocurrency community when it comes to waiting for the US’ verdict on Bitcoin exchange-traded funds (ETF). The nation’s sole bourse operator, Korea Exchange (KRX), admitted that it was carefully observing the constantly-unfolding crypto ETF scenario in the US. An official at the exchange – on condition of anonymity – told the Korean Herald that seeing the Securities and Exchange Commission’s (SEC) response to the bitcoin derivative products could assist KRX in understanding how they could move forward with similar investment offerings in South Korea. Excerpts from his statement:

  • Coin Rivet

    Crypto gains traction as investors flock to PayTech ventures, GlobalData

    Artificial intelligence (AI) is the emerging technology that attracted the largest number of investors during 2018, according to GlobalData. More than 1,900 investors funded 1,000 AI-based companies in 2018, including Horizon Robotics, Beijing SenseTime, Zoox, Yitu Technology and Pony.ai. AI actually had the lowest investors-to-idea ratio (number of venture capital investors / number of funded companies) among emerging technologies. On the other hand, companies working in the payments space held the top position with 2.4 investors-to-idea ratio in 2018 as mobile payments, digital transactions, cryptocurrency and digital wallets gained traction. Payments technology is also ahead of other emerging technologies on average deal size front. This is driven by a $14 billion funding received by Ant Financial Services – the parent The post Crypto gains traction as investors flock to PayTech ventures, GlobalData appeared first on Coin Rivet.

  • Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 23/02/19
    FX Empire

    Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 23/02/19

    It’s back into the red for the majors. It could be a painful weekend should a move through to key levels not occur by the early afternoon.

  • Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin
    CCN

    Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin

    Wealth manager Carol Pepper says cannabis stocks are the next “huge growth area” in alternative investing. With an actual physical product, pot stocks could soar like Bitcoin in 2017, but unlike the cryptocurrency, they won’t follow that boom with a bust. Pot Stocks Earn Bump from Legalization Progress Recreational cannabis was legalized in Canada on October 17, 2018, opening the North American market to pot companies and laying the groundwork for cannabis-infused drinks and other products. The US could quickly follow Canada’s trailblazing. Though it’s still banned at the federal level, ten US states and the District of Columbia have