Items tagged with bitcoin
Bitcoin's value dropped to below $13,000 earlier today, sliding around 14 percent after South Korea's government announced plans to ban cryptocurrency trading altogether. While perhaps a knee-jerk reaction and a temporary blip in the long run, there is cause for some concern, as South Korea is a major global hub for...
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To say bitcoin is volatile would be an understatement. It seems to either be surging or crashing with little signs of overall stability. This is the reason that Valve recently stopped accepting bitcoin as a method of payment. Last week was a rough one for those into bitcoin, as the cryptocurrency took a beating with...
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With the price of Bitcoin and other cryptocurrencies booming, everyone is looking to make some money off the craze. One of the biggest players that is looking to get into the cryptocurrency craze is Goldman Sachs Group Inc. Word is that the company is looking to set up a trading desk for digital currency like Bitcoin...
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Will the Bitcoin bubble ever burst? If so, when? Those are the questions that continue to elude investors and analysts alike, as each time Bitcoin's value rises to a new high, it seems like the end is in sight. But instead of ramming into an invisible ceiling and crashing down, it just keeps going up. To wit...
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Valve's love affair with Bitcoin is going through a rough patch even though the cryptocurrency was trading at $10,000 in late September and even higher today. Valve announced that as of December 6 it had decided to stop supporting Bitcoin as a payment method for games on its Steam platform. The specific reasons that...
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All eyes are on Bitcoin these days, mainly because of its meteoric rise in valuation. Just a day ago, with Bitcoin's price easily surpassing the $10,000 threshold and hopefully bullying its way into mainstream acceptance, there were reports that Nasdaq, Inc. would launch Bitcoin futures during the first half of next...
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Christmas is coming early for long-term investors in Bitcoin. The red-hot cryptocurrency has skyrocketed during 2017, most recently crossing the $9,000 threshold on Sunday. At the time, we opined that Bitcoin could be well on its way toward hitting $10,000 by the end of the year.
Well, we barely made it 48 hours and...
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If you've been following cryptocurrency news over the past few months, then you know that Bitcoin has been on an incredible winning streak. On August 26th, Bitcoin was at $4,300. Three months later, Bitcoin's price has more than doubled.
At this moment, Bitcoin has breached yet another high, sitting at $9,065. At the...
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Every few weeks we talk about Bitcoin hitting another record high, and today is no different. Earlier this month, Bitcoin hit a new high of $7,500, sending its market cap soaring above $120 billion.
But things got a bit interesting when the scheduled SegWit2x hard fork, which was set to take place this month, was...
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Bitcoin mining is a very common practice today with the price of the cryptocurrency soaring to over $7,000 earlier this month before settling back down in the $6,000 range. With prices soaring more and more people are getting into mining, there has been a marked effect not only on pricing and availability of video...
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It was just a few weeks ago when we were last talking about the massive gains that Bitcoin has made during 2017. Today, Bitcoin is still shooting skyward, sitting pretty at a record $7,555, despite China's apprehension towards the cryptocurrency “gold standard”.
The $7,555 figure is nearly $1,500 higher than our...
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Bitcoin has been on an enviable winning streak this year, and reached a new intraday high earlier today. Bitcoin hit a record high of $6,183.98 at around 10:30 AM EST this morning, which comes just after the cryptocurrency pushed through the $6,000 barrier on Friday.
Currently, Bitcoin is trading at around $6,080...
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What is a blockchain? When considering cryptocurrencies like Bitcoin or Ethereum, it's best to first understand the underlying technology and framework that makes their existence possible. At its core, a blockchain is a what is described as a "shared ledger" technology that is used to record the complete history of transactions that have been
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Udpate, 9/17/17: It turns out the actual cryptocurrency being mined by TPB is actually Monero. As such this article has been updated.
The Pirate Bay made its name as the site to go to if you want to download pirated applications, games, music or movies. The site is infamous for skirting the jurisdiction of...
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Bitcoin is living up to its billing as a volatile currency. It was a big deal last month when Bitcoin first flirted with a $2,900 valuation. Just a couple of weeks later, it jumped past the $4,000 mark, setting yet another new high in the process. More recently, Bitcoin has hit a rough patch, causing its value to fall...
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Just a day after JPMorgan Chase CEO Jamie Dimon unleashed a fury of attacks on Bitcoin (and cryptocurrencies in general), another salvo is incoming. It was reported last week by Caixin that China was contemplating shutting down cryptocurrency exchange trading, and further confirmation of that order arrived...
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There has been a run on cryptocurrencies in the past year or so, especially when it comes to Bitcoin and Ethereum. The latter has especially been popular, with enthusiasts quickly gobbling up high-performance NVIDIA and AMD GPUs to bolster their mining efforts.
While many enthusiasts and even some well-respected...
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Unless you’ve been living under a rock, you know that Equifax was hacked surfaced and 143 million Americans have potentially had their personal information stolen. What many have been wondering is what exactly do the hackers plan to do with all that stolen data. A report making the rounds claims that the hackers want...
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The cryptocurrency market is red-hot right now, with Ethereum (ETH) helping to lead the charge. That surge in popularity was readily on display this week, when the Ethereum network surged past 410,000 transactions during a 24-hour period — actually, it was 410,061 to be exact.
This is the highest number of daily transactions on record for
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The life of a cryptocurrency miner is fast and furious, especially if that person is mining Bitcoin, the most popular digital currency in existence. Consider that it was just two months when Bitcoin hit the $3,000 mark for the first time since it was introduced in 2009. Now just eight weeks later it is trading at...
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Cyber crooks have found a new way to ruin a person's day with ransomware. Traditionally most ransomware encrypts a victim's storage device and then demands a ransom in order to unlock the files. Some of the nastier versions will put a time limit on receiving payment before the ransomware starts permanently deleting...
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There is a cryptocurrency war brewing in Bitcoin land. On Tuesday, Bitcoin forked, leaving us with the original Bitcoin (BTC) and Bitcoin Cash (BCH). During its first week of trading, Bitcoin Cash has been on a wild rollercoaster ride when it comes its valuation.
On Wednesday, just one day after its trading debut...
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