Crypto Trader Believes Bitcoin will Bottom at $3,000

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As the cryptocurrency market continues to take a sharp tumble, many cryptocurrency analysts are providing their predictions. Bitcoin (BTC) fell significantly last week, reaching its lowest point in 12 months. Indeed, investors didn’t find that funny as many of them anticipated that the market would be gearing for a rally by now. Generally, most of … Continue reading “Crypto Trader Believes Bitcoin will Bottom at $3,000”

Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200

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One year ago, U.S. cryptocurrency investors had an amazing Thanksgiving. Indeed, Bitcoin (BTC) was trading at $8,200 USD at the time. After a minor correction in October, the preeminent cryptocurrency continued to head northwards. There is no denying the fact that the U.S. cryptocurrency community was in a celebratory mood. Yes, the Thanksgiving celebration was … Continue reading “Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200”

Guide: How Bitcoin Started

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Bitcoin is one of the most famous cryptocurrencies and a valuable digital asset. It works like an  exchange medium on a decentralized system., i.e it is not under the control of central authorities. The credit for Bitcoin’s beginning goes to Satoshi Nakamoto, who was the one to introduce this digital currency. While creating the currency, he … Continue reading “Guide: How Bitcoin Started”

Willy Woo Forecasts Bitcoin (BTC) Bottom in Q2 2019

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2018 has been bearish, and recently presented a record low for Bitcoin (BTC). On Wednesday, the coin plunged over 11% to the lowest it’s been since before the Q4 2017 surge. And today, Monday, it dropped 8% as the pullback continues. Popular analyst Willy Woo says the worst is not yet over. With the number … Continue reading “Willy Woo Forecasts Bitcoin (BTC) Bottom in Q2 2019”

Cryptocurrency: Understanding the Tax Process applying to Bitcoin

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Taxing cryptocurrencies is proving to be a challenge for both authorities and taxpayers. The tax obligation and process are still a little hazy to most people in the crypto space.  Bitcoin and other cryptocurrencies gained a lot of interest for lack of any regulatory obligations. Many love the digital currencies since no government or banking … Continue reading “Cryptocurrency: Understanding the Tax Process applying to Bitcoin”

Bank of America Wins Patent for Private Key Storage

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On Tuesday, the U.S. Patent and Trademark Office awarded Bank of America its latest patent. It is for the secure, tamper-proof storage of private keys for large enterprises. The major institution has been collecting many such patents in preparation for the growth of cryptocurrency. Bank of America, the second largest bank in the U.S., holds … Continue reading “Bank of America Wins Patent for Private Key Storage”

Bitcoin (BTC) Drops to its Lowest Price in 12 Months

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Just when Bitcoin (BTC) bulls think that the storm was over, they realize how wrong they were. From the look of things, market indicators for a possible rally are discouraging. Indeed, these are no mere speculations as the BTC price again plummeted on Wednesday, falling to the lowest price in 12 months. This price dip … Continue reading “Bitcoin (BTC) Drops to its Lowest Price in 12 Months”

Ripple (XRP) to Displace Ethereum (ETH) in Rank

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On Tuesday, the price of Ripple (XRP) spiked by 4%, indicating that it could potentially displace Ethereum to become the world’s second-biggest cryptocurrency by market cap. Indeed, this surge happened after Ripple Lab’s CEO Brad Garlinghouse restated the need for a global framework for crypto-based payments. The chief executive also engaged in a tirade against … Continue reading “Ripple (XRP) to Displace Ethereum (ETH) in Rank”

Media Prima of Malaysia Latest Victim of Ransomware

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Hackers recently attacked Malaysian media company Media Prima Berhad. Subsequently, Ransomware blocked the company’s access to the internal email system. Furthermore, the criminals demanded either 1,000 Bitcoin (BTC) or $6.3 million. Media Prima is a massive company behind several leading newspapers, as well as TV channels and advertising. Its television programming boasts the highest viewership … Continue reading “Media Prima of Malaysia Latest Victim of Ransomware”

DogePal is Aggressively Pushing Dogecoin (DOGE) to the Mainstream

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One of the challenges bedeviling cryptocurrency is its use as a payment method. Today, cryptocurrency is commonly used as a speculative investment asset rather than a way to make payment. Indeed, people rarely use virtual currencies to pay for goods and services. However, this is its core function, according Satoshi Nakamoto’s Bitcoin white paper. Additionally, … Continue reading “DogePal is Aggressively Pushing Dogecoin (DOGE) to the Mainstream”