The Indian cryptocurrency community is eagerly awaiting for a response from the government’s inter-ministerial committee regarding the legality of Bitcoin and other virtual currencies in the country. The government, press and legal experts have been discussing the possible outcomes and what it could mean to the country’s cryptocurrency ecosystem. Some have mentioned that the committee … Read More →
The path forward for bitcoin prices isn’t clear, market analysts say. While some described the market to CoinDesk as bearish overall, other observers offered a more optimistic stance about the prospects for future price developments. Their input comes as bitcoin prices have largely traded rangebound in the last few days, fluctuating between $1,010 and $1,060, … Read More →
Whether or not you know what blockchain is, you have probably heard of the seemingly mysterious cryptocurrency Bitcoin. Bitcoin and its underlying blockchain network are quietly making headlines around the globe. The recent success of Bitcoin and the security of blockchain may have some consumers considering an investment in the new denomination, but others are … Read More →
On Friday, a group of major cryptocurrency exchanges announced their planned response to the split of bitcoin into two separate pools of currency and processing power. That event, known as a “hard fork,†is viewed as increasingly likely among bitcoin leaders, as a years-long debate about the network’s technical limitations and broader vision comes to … Read More →
Due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks. That said, Bitcoin appears to offer some unique … Read More →
1.Introduction to Cryptocurrency: Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds, operating independently of a bank. It is a digital asset that works as a medium of exchange by using cryptography to secure … Read More →
As the value of hard currency changes drastically—and often—developing or recession-hit countries are finding Bitcoin as an innovative solution. Just look at Venezuela, the country with the highest inflation rate in the world. The socialist nation has experienced a swift fall in oil prices, throwing the entire economy into turmoil. Experts say that Venezuelan inflation … Read More →