From CCN.com: John McAfee has been really bold when it comes to predicting the price of bitcoin, claiming that each unit of the cryptocurrency will be worth $1 million by the end of 2020. The cybersecurity expert had first said in July 2017 that one bitcoin would be worth $500,000 by the end of 2020. …
Big Brother Is Already Watching Your Coins: Government surveillance may be more rampant in the crypto space than most users realize, says a source familiar with ongoing tactics. On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the …
15,562 Total views After the halving, crypto exchanges selling Bitcoin, which they collected in trading fees, may pose the biggest threat to the ongoing Bitcoin rally as miners earn less BTC. Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, …
Bitcoin Price Drop Causes HUGE Loss for Bitcoin Mining Revenue Read More »
An Irish drug dealer learned the hard way what every bitcoin investor knows: never lose your codes.
JPMorgan Chase CEO Jamie Dimon is vocally critical of cryptocurrencies, including Bitcoin, which he called a “fraud” in September 2017. While previously stating that he does not “really give a sh*t” about Bitcoin
For the first time in more than a year, there are no active bitcoin exchange-traded fund (ETF) proposals pending before the U.S. Securities and Exchange Commission (SEC).
Bitcoin (BTC) traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices.
Back in August 2014, I discovered that the bitcoin mining industry had the industrial structure of a natural monopoly. A natural monopoly is a market in which production is most efficient with a single producer. This discovery came as a shock, but the implication was clear: Bitcoin could not survive in the long run. As …
Bitcoin is a currency that is accepted everywhere without any government friction or interference, a stored value solution that doesn’t require a holder to keep a room full of metals and art
Tim Draper is a founding partner of Draper Associates and headmaster at Draper University. Something important happened with the failure of Mt. Gox. The price of bitcoin only dropped about 20 percent, and the currency continued to be traded on other exchanges. I was flabbergasted and fascinated. I realized that the demand for this new …
