Archive for December 9th, 2017

Big Banks blocks customers’ access to Sunday’s Futures Bitcoin

December 9, 2017 | By | Reply | 264 Readers More
Big Banks blocks customers’ access to Sunday’s Futures Bitcoin

Large banks are not in a hurry to facilitate investments in the first Bitcoin futures market on Sunday. Citigroup Inc. and Bank of America Merrill Lynch told their clients that they would not provide access to futures Bitcoin on Sunday, according to The Wall Street Journal. Goldman Sachs Group Inc., which is the largest US […]

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Expect to see More Quants and Trading Bots Trading Bitcoin

December 9, 2017 | By | Reply | 272 Readers More
Expect to see More Quants and Trading Bots Trading Bitcoin

Calling the current BTC trends volatile is a bit of an understatement. It’s been a rollercoaster in 2017 with prices going from just under $1,000 back in January to over $15,000 by December. That sort of increase is due to attract some professional speculators. Enter the Quant trading systems. Quants are well-known by traders on […]

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Bitcoin Cash and Litecoin Proposed to Solve Steam’s Bitcoin Woes

December 9, 2017 | By | Reply | 266 Readers More
Bitcoin Cash and Litecoin Proposed to Solve Steam’s Bitcoin Woes

After nearly a year and a half of operation, gaming marketplace Steam will no longer accept bitcoin as a form of payment. The platform announced on December 6, 2017, that they “will no longer support bitcoin as a form of payment method on our platform due to high fees and volatility in the value of […]

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Bulls Bid Litecoin Price to New Peak at $156

December 9, 2017 | By | Reply | 260 Readers More
Bulls Bid Litecoin Price to New Peak at $156

LTC-USD reached a fresh all-time high on December 9, exceeding the $150 handle, as altcoins display large gains. Bitcoin recently reached a new all-time high and since then, the price has subsided to around $14,500 at the time of writing. For the first quarter of 2017, litecoin remained stable, trading in the $3-$4 range. However, […]

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2017: The Year the World Discovered Who Really Controls Bitcoin

December 9, 2017 | By | Reply | 242 Readers More
2017: The Year the World Discovered Who Really Controls Bitcoin

What most of the Bitcoin community should have learned in 2017, it it weren’t obvious before, is that miners do not control the Bitcoin network. So who is in control? Everybody, and nobody. Tribalism over Block Size On May 23, 2017, the Digital Currency Group announced in their New York Agreement that they’d formed a […]

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Bitcoin Fork Mania is Bound to Take Off

December 9, 2017 | By | Reply | 186 Readers More
Bitcoin Fork Mania is Bound to Take Off

In these last few months, we have seen a few Bitcoin-related projects taking off trying to introduce new features to overcome Bitcoin’s limitations. In August, it was the first time we saw a dissident faction of Bitcoin developers creating a new payment network called Bitcoin Cash – Ticker BCH, which has sparked off a wave […]

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The Zimbabwe Exchange added Ethereum, re-licensing Bitcoin

December 9, 2017 | By | Reply | 249 Readers More
The Zimbabwe Exchange added Ethereum, re-licensing Bitcoin

The unique Zimbabwe’s cryptocurrency market platform, Golix.com added Ethereum and Bitcoin Gold, permitting trade with the two digital assets in the country. The Golix cryptocurrency exchange announced in an email to merchants and users of its platform on Friday that they have now added Ethereum and Bitcoin Gold to their website. Golix market platform already […]

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NiceHash Hack: More than $60 Million of Bitcoin Stolen

December 9, 2017 | By | Reply | 174 Readers More
NiceHash Hack: More than $60 Million of Bitcoin Stolen

It seems that the world of bitcoin is still not safe, with hacks still occurring on a regular basis. NiceHash: the Latest Bitcoin Hack Victim The victim of this latest hack was a platform called NiceHash who have dubbed themselves as being the biggest marketplace when it comes to the mining of digital currencies. They […]

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Buried Bitcoin Treasure: IT Worker Loses Millions in Trashed Hard Drive

December 9, 2017 | By | Reply | 254 Readers More
Buried Bitcoin Treasure: IT Worker Loses Millions in Trashed Hard Drive

James Howells, an IT worker from Newport, South Wales, is on the search for buried bitcoin. He stored his funds on a hard drive he says he threw out in 2013. With the price of bitcoin at close to $11,800 in early December 2017, his desire to recover the lost cryptocurrency is understandable. Doubtful Recovery […]

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Queen Elizabeth II’s Bank Reveals Why it doesn’t want to Invest in Bitcoin

December 9, 2017 | By | Reply | 246 Readers More
Queen Elizabeth II’s Bank Reveals Why it doesn’t want to Invest in Bitcoin

Like the rest of us, by now you have probably got used to seeing bitcoin hitting one high after another. Just earlier this week, the most popular cryptocurrency in the world smashed through $14,000 in less than 24 hours after registering a record high of $12,000. BTC-USD went on to post a record high above […]

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