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IBM Is Experimenting With a Cryptocurrency, Which It Says Is More Stable

Cryptocurrencies fluctuate wildly in value. If you’ve been following bitcoin since last fall, you’ve seen the value of one unit of bitcoin surge from less than $5,000 in early October 2017, peak at more than $19,000 in December and gradually make its way back down to the $6,000 range today, according to CoinDesk. For transactions that […]

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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds: Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro Resistance The first three attempts to […]

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Bitcoin Accepted as Payment Option by Major US Electronics Company

Bitcoin Accepted as Payment Option by Major US Electronics Company Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash. Crypto payment processor BitPay will facilitate the transactions. Founded […]

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4 Ways to Leverage the Fast Growth of Cryptocurrencies for Success

Bitcoin was launched in 2009 as the world’s first cryptocurrency. Today, there are over 2,000 unique cryptocurrencies, as identified and tracked by the experts at Investing.com; and that number is up from 1,658 that the company identified as recently as this past spring. Related: Should You Invest in Bitcoin (or Any Other Cryptocurrency)? Of course, such incredible growth is ripe […]

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Bitcoin: The Swindle of the Century

The frenzy around Bitcoin is at a fever pitch, and the reasons are obvious. Its value has skyrocketed over the past year, making millionaires out of early adopters. In its wake, thousands of would-be investors and coin creators are getting in on the action. Related: 6 Cryptocurrencies You Should Know About (and None of Them Are […]

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One of India’s Largest Cryptocurrency Exchange Shuts Shop. Is this the End for Virtual Currency Investors in the Country?

Amid RBI ring-fencing attitude and Government’s silence on the legality of virtual currency (VC), earlier this week, one of the largest cryptocurrency exchanges in the country – Zebpay has closed its shops.  Last evening post 4 PM, Zebpay decided to cancel all unexecuted crypto-to-crypto orders and credit user coins/tokens back to its wallet. In a company statement, […]

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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently: Figure 1: BTC-USD, Daily Candles, Upward Drift Our third rejection of the red resistance level shown above brought the market into […]

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Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App

Malta-based cryptocurrency exchange Zebpay now supports Lightning payments. The exchange announced the news via a blog post, where it claims to be the “first major exchange” to enable Lightning payments for its users. Per the report, Zebpay users can now login into their wallet and use their bitcoin balances to make micro-purchases for free. “Making Bitcoin […]

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3 Applications of Cryptocurrency Beyond Peer-to-Peer Payments

To be sure, digital currency markets have had their ups and downs. A recent study by Gallup shows that only 2 percent of investors are currently purchasing Bitcoin or other cryptocurrencies, but one in four is intrigued. With major banks betting on the space, however, that math may be about to change. Whether or not your company accepts cryptocurrency […]

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Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17. The Antminer S17 is the latest in the company’s line of fabless mining chips. According to the post, the chips, which are expected to go on sale […]

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