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Notorious Ransomware Hackers have Earned $3.7 Million in Bitcoin

The identity of notorious ransomware, Ryuk, which has attacked a significant number of high profile organisations, seems to have discovered after a new interesting development. Cheesy Death Note Ryuk, rapidly emerged last year on the radar of many organisations which had their information crippled and encrypted by a mysterious group …

Bitcoin

Big Predictions for 2019: Bitcoin Heading for New All Time High

Price predictions for Bitcoin and cryptocurrencies can always be met with some degree of skepticism. A market correction was expected last year but very few predicted that Bitcoin would lose over 80% in 2018. Weiss Ratings has just released their predictions for the coming year and they are extremely bullish. …

Bitcoin

Lenders are thriving on the bitcoin bust

As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending. Creditors focusing on the crypto arena say they’re finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, …

Bitcoin

Bitcoin Month Forecast – January 2019

Crypto markets expressed a relatively solid performance during the month of December 2018 when compared to price action from earlier months. Price action in December has high affinity to fundamental and technical analysis and was in line with market analysis forecasts when compared to previous months which saw crypto currencies …

Bitcoin

4 KEY BITCOIN DATES TO WATCH FOR IN 2019

2019: THE YEAR WALL STREET EMBRACES BITCOIN? Throughout 2018, the fall in Bitcoin (and other cryptocurrencies) prices dominated the news circuit. However, despite the nearly 80 percent peak-to-trough slide for BTC, some positive developments emerged in the industry. When the CME and CBOE BTC futures came online in late 2017, …

Bitcoin

Bitcoin Bull Novogratz Doubles Down On Crypto, Now Owns 80% Of Galaxy Digital

Bitcoin Bull Novogratz Nows Owns 80% Of His Crypto Firm Mike Novogratz, formerly of Fortress Financial, went all-in on crypto following his stint at Wall Street giant Fortress Investments. After retiring from the investment group in 2015, rumor has it that he went on a personal journey, finding Bitcoin (BTC) …

Bitcoin

What’s Ahead for Bitcoin and Other Cryptocurrency Regulation in 2019

While 2017 was hailed as one of the most impressive bull markets in cryptocurrencies’ short history, 2018 saw the proverbial rocket ship come back to earth. The year was partly defined by the increasing scrutiny by regulators of the crypto and blockchain industries. Institutional entities both private and public have …

Bitcoin

Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months

From a top down approach, it’s clear that sellers are in charge as BTC is down a massive 11 percent thanks to Sep 5 selling spree. Regardless, there is optimism for cryptocurrencies and Bitcoin in particular stemming mainly from bullish fundamental developments. This divergence means there is potential for BTC …

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Bitcoin Is Not Dead

The sense of urgency is everywhere I look. Bitcoin is dying, and it’s time get a new job. The warnings are stark. Bitcoin’s price has lost 70% since its $20,000 peak last year, the Securities and Exchange Commission has rejected every bitcoin ETF it’s seen so far and Goldman Sachs …

Bitcoin

Meet Federico Tenga: The guy who teaches North Koreans about Bitcoin

Despite being the most hermetic country on Earth, North Korea is certainly no stranger to cyberspace—in both its uses and abuses. Despite a tiny local internet user base and just a few dozen local websites, cybercrime in the Democratic People’s Republic of Korea (DPRK) is estimated to be a multi-billion …

Bitcoin

Is Bitcoin Still A Safe-Haven Asset?

Is Bitcoin still appealing during times of distress? Shutterstock Recently, the global asset markets have been roiled by concerns that the United States and China may soon enter a trade war. While some assets have responded in a predictable fashion – with stocks losing value and gold enjoying gains – …

Bitcoin

Bitcoin: A Definitive Guide

There has been a lot of drama around Bitcoin and cryptocurrency in the last year, with its recent rise and seemingly fatal fall making headlines in the months of late. Is hope truly lost for Bitcoin and its proponents? Maybe not. In order to better understand the specifics—What is Bitcoin? How is …

Bitcoin

Building a Base? Bitcoin Demand at $10K Hints at Move Higher

Persistent demand around the $10,000 mark appears to have not only neutralized the immediate bearish outlook on bitcoin, but also hints the cryptocurrency could be building a base for an eventual move higher. Prices on CoinDesk’s Bitcoin Price Index (BPI) fell to $9,972.29 yesterday, before witnessing a quick recovery to $11,000 levels. …

Bitcoin

No, You Don’t Have to Buy a Whole Bitcoin

“How much is bitcoin?” “Around $14,000.” “Well, that’s too expensive. I can’t afford that.” It’s a conversation that has surely happened thousands of times over the past several months as a new swarm of people find themselves enchanted by the cryptocurrency space and its tremendous gains. And it reveals not …

Bitcoin

Chinese bitcoin mining giant sets up Swiss hub

One of the world’s largest bitcoin miners is setting up a hub for European operations in Switzerland, a person familiar with company has confirmed to swissinfo.ch. The Chinese firm Bitmain Technologies is setting up in Zug just as the Chinese authorities move to shut down cryptocurrency miners. Bitmain Technologiesexternal link builds …

Bitcoin

Rising fees open the door for Bitcoin’s ‘currency’ contenders

Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the …

Bitcoin

Is Kim Jong Un one of the Main Factors behind Bitcoin’s Price Surge in 2017?

Is Kim Jong Un one of the Main Factors behind Bitcoin’s Price Surge in 2017? The North Korean dictator Kim Jong Un could very well be one of the main reasons why bitcoin has been rapidly gaining momentum in the past few months, at least according to some experts in …

Bitcoin

Ripple vs. Bitcoin: The 5 Biggest Differences Between the Cryptocurrencies

There’s a number of key differences between Bitcoin and Ripple. The former was first outlined back in 2008, and following a big run at the end of last year now holds value of $16,426 per token. Ripple, founded in 2012, has seen big interest from businesses including three Japanese credit …