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 →
Overshadowed by the more illustrious bitcoin, altcoins — alternative cryptocurrencies launched after the success of Bitcoin — traded in a narrow range for a long time. But that changed in 2017 when investors decided that they needed to have a diversified portfolio of digital currencies, sparking a rush for altcoins. The most noticeable rally has … 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 →