Computers used to secure cryptocurrencies such as bitcoin consume significant amounts of power, leading to increased electricity prices and potentially contributing to climate change. Now, the US government is determined to address the issueExperts caution that the US government’s proposal to tax cryptocurrency miners, aimed at curbing the industry’s significant …
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Bitcoin could reach $25,000 this year according to analysts
Last year, Bitcoin reached a huge trading value, however, it seemed to seriously cool down in the past few months. At his point, the cryptocurrency which once had an almost $18,000 value, is valued for only around $7,000. A few weeks back, the cryptocurrency almost managed to step over the $10,000 threshold, …
Read More »Cryptocurrency market valuation sees impressive increase over 24h period
The valuation of cryptocurrency market has seen quite an increase over the past 24 hours. From $387 billion, the valuation grew to $408 billion. The $21 billion rise is due to the rise of major cryptocurrencies like Ethereum, and Bitcoin, and also thanks to the rise of other, less-known currencies’ …
Read More »Bitcoin almost crossed $10K threshold in the weekend, drops to $9,300
Bitcoin almost managed to cross the $10K milestone once again in the weekend. The cryptocurrency started its ascend on Friday and moved quite spectacularly upwards, however, it didn’t manage to cross the line after all. The coin stopped at the $9,900 value and simply couldn’t move forward from there. What’s …
Read More »Cryptocurrency : the best evolving coins of last month
Cryptocurrency is now a part of our reality. Those who still don’t own a least one of these virtual coins have at least heard of their existence. Bitcoin is definitely the most popular cryptocurrency with Ethereum coming in close, however, there are lots of other cryptocurrencies that are trying to …
Read More »It is disruptive and a risky investment but Bitcoin is not a fraud
JP Morgon Boss Jamie Dimon has caused a lot of anger with his declaration that Bitcoin is a fraud. On his announcement pretty much every major cryptocurrency went into a fairly major nosedive. While his motives might be suspect he does bring up some valid points about the viability of …
Read More »Bitcoin hits $5,000 and the Chinese Government bans ICOs sending the market into a freefall, are we witnessing a cryptocurrency crash?
Bitcoin hit a major milestone on Friday. The cryptocurrency finally surpassed $5,000 in value. This coincided with an announcement from China that ICO’s are now illegal. These two factors then prompted a massive market selloff that bought the value of every major cryptocurrency tumbling down. The market shows no signs …
Read More »Bitcoin vs Bitcoin Cash Which will win the battle to be the best Bitcoin?
The bitcoin world has seen some dramatic changes this month. On August 1st a group of Bitcoin users dissatisfied with changes to Bitcoins code decided to commit to a hard fork. They named their new currency Bitcoin Cash. Now both currencies are squaring up in the competition to dominate the …
Read More »Steem, A New Bitcoin Alternative, Soars
For the most part, Bitcoin remains the dominant force in cryptocurrency. Bitcoin has slowly but surely gained more influence in society, and has performed very well in 2016 despite mixed projections heading into the year. It’s had its setbacks, sure — like not being accepted in the Windows app store …
Read More »Bitcoin Payments No Longer Accepted On The Windows App Store
Update: The Windows App Store is going to continue allowing customers to purchase apps with Bitcoin, Microsoft confirmed to Tech Crunch a few hours ago. The information displayed on the Microsoft website is not correct, according to a representative. Bitcoin promised to be THE currency for online payments in the …
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