Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike. In fact, the innovation of the blockchain is changing entire markets, while causing ripples with central banks and the financial industry. At time of publication, the bitcoin price now hovers near US$2,400, a massive … Read More →
A Major Spike: On April 1, 2017, the total market cap for all cryptocurrencies was slightly higher than $25 billion. Roughly two months later, the cap exceeded $100 billion. In just over 60 days, the value of cryptocurrencies surged by 300 percent. So what was the real reason behind this major spike?? The leading cryptocurrency, … Read More →
The legal position of bitcoins is in ‘Grey Zone’ right now. Though under any existing law, Bitcoin is declared as illegal technically which means people can freely trade in bitcoins. However, time and again the Reserve bank of India has issued notifications warning about dealing in various virtual currencies cautiously and at their individual risk … Read More →
Yesterday the value of Bitcoin Wildly surged to all time high $3,000, continuing the trend of massive demand in the Asian market. The digital currency has had a stellar year, rising by more than 200 percent and easily outperforming stock market benchmarks like the S&P 500 Index and the Nasdaq composite in 2017. The cryptocurrency has now more than … Read More →