Bitcoin in the News

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  • Bitcoin Cash's Lead Dev Says Bitcoin Is Dead and Split into Two November 24, 2017
    At a time in which bitcoin cash (BCH) surges to $1,680, the cryptocurrency's lead developer, Deadal Nix, stated that Bitcoin itself is dead as it split into two back in August. According to him, there is now bitcoin cash and bitcoin core/Legacy.
  • Bitcoin Mining Suited to Big Corporations, Individuals Can Profit in Other Ways November 24, 2017
    The days of mining Bitcoin in your bedroom on a desktop computer are long gone. It used to be that a small network of staunch Bitcoin supporters would mine the cryptocurrency on individual systems, more as a hobby than anything else. But as time went by, this became more and more of a challenge.
  • Regulatory Round-Up: South Korea Says Laissez Faire, Zimbabwe Dislikes and Singapore to ... November 24, 2017
    South Korea's Financial Supervisory Service has stated that it won't regulate the digital token markets due to cryptocurrencies not comprising a legally recognized financial instrument. In central bank news, Zimbabwe's central bank has stated that bitcoin is not legal, and Singapore's central bank has ...
  • Is Bitcoin a Good Investment at Today's High Price? November 24, 2017
    People who invest in bitcoin would be excused for disliking Jamie Dimon, the chairman and CEO of JPMorgan Chase (NYSE:JPM), who called the crytocurrency a "fraud" earlier this year and intimated that people who buy it are "stupid." It wasn't the best choice of words, if for no other reason than that it ...
  • Bitcoin: The 'Gateway Drug' To Gold - Doug Casey November 24, 2017
    Bitcoin and gold were the highlights of this year's Silver & Gold Summit in San Francisco, and to best-selling author Doug Casey, cryptocurrencies is the asset class to watch. “I'm very, very pro cryptocurrencies,” he told Kitco News on the sidelines of the event. But the longtime investor is not giving up on ...
  • Morocco's Bitcoin Ban Would Result in Financial Censorship November 24, 2017
    Governments all over the world are being forced to pay attention to cryptocurrency all of a sudden. With officials scrambling to draft regulatory guidelines, we may see some interesting developments in the coming months. Over in Morocco, things are not looking all that great, as the country's government ...
  • Bitcoin 'Definitely Not a Fraud': Fintech Startup Revolut CEO November 24, 2017
    Mainstream banking giants such as JPMorgan and UBS might be skeptical of bitcoin, but fintech startups such as Square and Revolut are embracing it as a logical outgrowth of the digital revolution. In an interview with CNBC, Revolut CEO Nikolay Storonsky stated that, despite the protests of JPMorgan ...
  • Bitcoin Exchange Bitstamp Gets Masterpayment, Cuts Fees to 5% November 24, 2017
    Second only to Kraken by volume, making it one of the largest cryptocurrency exchanges in the world, Bitstamp has partnered with Masterpayment, the exchange's new payment service provider. “Not only does this mean faster and more convenient transactions for our customers,” the exchange ...
  • A Bitcoin 'Big Bang Theory' Episode Is Coming, God Has Abandoned Us November 24, 2017
    Close your eyes and think of the word “insufferable,” what comes to mind? For me, it's two things: Bitcoin lords and The Big Bang Theory. Next week, because we have all been abandoned on this slowly-dying rock in space by whatever supernatural forces may have saved us from complete ruin in the ...
  • Public Wireless Network Costs Austrian Man US$117K Worth of Bitcoin November 24, 2017
    Using public wireless networks has always been a security risk first and foremost. While it may seem logical to a lot of people to connect their device to a public wireless network, doing so can have negative repercussions. One Bitcoin user found this out the hard way, unfortunately. More specifically, he ...
  • Bitcoin is More “An Investment Than a Currency”: Swiss Central Banker November 24, 2017
    The chairman of Switzerland's central bank believes cryptocurrencies like bitcoin are more of an investment than a currency, at present. Speaking at an event in Basel on Thursday, Swiss National Bank Chairman Thomas Jordan struck a cautious tone about cryptocurrency's usefulness as a transactional ...
  • Bitcoin Gold Price Soars Past $400 After Bithumb and Bitfinex Add BTG Trading Pairs November 24, 2017
    The bitcoin gold price has been surging this week, in part due to the addition of BTG trading pairs to cryptocurrency exchange giants Bithumb and Bitfinex. As CCN reported, bitcoin gold got off to a rocky start after forking away from the main bitcoin blockchain in early November. Beset by DDoS attacks, ...
  • Meet the Guy Who Teaches North Korean Students How to Use Bitcoin November 24, 2017
    Experts believe that North Korea may be able to bypass these sanctions by using decentralized cryptocurrencies like Bitcoin or Monero. An article by FireEye suggests that the North Korean government may be behind hacking attacks that targeted South Korean cryptocurrency exchanges.
  • Bitcoin Price Still Steady As Ethereum Reaches Record Highs November 24, 2017
    Ethereum vaunted past record highs this morning as bitcoin's price continued its mostly sideways movement. At 14:18 UTC, bitcoin was trading at $8,200.91, up 2.48% in the last 24 hours. Ethereum, on the other hand, blew past its June record high of $414.76 this morning. As of this writing, the ...
  • Swissquote Group Believes Investors of All Profiles Should Have Bitcoin Exposure November 24, 2017
    Swissquote Bank Launches Exchange-Traded Bitcoin Certificates Swissquote Group Holding SA is a firm that was created in 1996 and specializes in financial management and online trading services. The company is headquartered in Switzerland but also has locations in Hong Kong, London, Malta, ...
  • Bitcoin Moves above $8000 to All-time High November 24, 2017
    The recent action in Bitcoin probably makes it relatively easy for the media to write stories about the currency. For some time now, we have consistently seen titles on Bitcoin's sequence of all-time high and sometimes the move up is linked to the denial of a proposed change in the network, called ...
  • Bitcoin Gold Wallet Scam Sees Fraudsters Steal $3.2 Million November 24, 2017
    A bitcoin gold (BTG) wallet scam recently managed to net over $3.2 million after taking advantage of bitcoin users looking to claim their BTG tokens. A link to the fraudulent MyBTGWallet was, before the scam came to light, placed on bitcoin gold's website, but was quickly removed once users started ...
  • Online Bank Swissquote Launches Bitcoin Exchange-Traded Product November 24, 2017
    Swissquote Bank, an online banking service, has launched a bitcoin exchange-traded product (ETP) that it claims will curb the cryptocurrency's volatility. The Bitcoin Active Certificate works by moving investor's holdings between bitcoin and U.S. dollars with the help of a machine learning algorithm that ...
  • Bitcoin's little brother Ethereum is at an all-time high November 24, 2017
    Now that the dust around the cancelled Bitcoin fork has settled, several other cryptocurrencies are booming. Ethereum, a cryptocurrency that's also a platform for decentralized apps, has hit a record high on Friday, surpassing the price of $410 for the first time since June. It's currently trading at $442 ...
  • A gold fund is investing in bitcoin November 24, 2017
    A precious metals fund is investing in bitcoin to reinvest profits from the digital currency in gold assets. Ned Naylor-Leyland, manager of the Old Mutual Gold and Silver Fund, said it started buying bitcoin in April, and that the virtual currency serves as a better allocation than a heavy weighting toward ...

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