Mt. Gox

Mt. Gox Crypto Exchange Trustee Sold $230 M in BTC, BCH

Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Crypto Exchanges, Cryptocurrency, UncategorizedTags , , , , , Leave a comment on Mt. Gox Crypto Exchange Trustee Sold $230 M in BTC, BCH

The trustee for the former crypto exchange Mt. Gox revealed new details about the pace of their crypto sales which includes BTC and BCH. This is a part of the bankruptcy and rehabilitation process of the firm. $230 M Worth of BTC and BCH Sold Nobuaki Kobayashi, an attorney stated in a notice dated September … Continue reading “Mt. Gox Crypto Exchange Trustee Sold $230 M in BTC, BCH”

Now You Can Purchase a Luxury Car with Bitcoin

Author David CrowderPosted on Categories Bitcoin, Business, CryptocurrencyTags , , , , , Leave a comment on Now You Can Purchase a Luxury Car with Bitcoin

Bitcoin gained a powerful new ally today. Tilman Fertitta, owner of the Houston Rockets announced that from now on, his luxury car dealership Post Oak Motor Cars will only take Bitcoin from car buyers. As a matter of fact,  Post Oak Motor Cars will be the first automobile company to accept bitcoin as means of payment. … Continue reading “Now You Can Purchase a Luxury Car with Bitcoin”

Bitcoin (BTC) Bull Willy Woo Foresees A Stronger Bitcoin

Author Jeff McGavinPosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, News, ScamTags , , , , , , , , , Leave a comment on Bitcoin (BTC) Bull Willy Woo Foresees A Stronger Bitcoin

Willy Woo is a prominent crypto researcher and a whale. Well, he has some Bitcoin (BTC) projections to make for the year. Woo is optimistic that the 2018 cryptocurrency market falls won’t be as bad as that of 2014. In fact, he recalled that in 2014, BTC price dropped to 90%, staying unchanged for years. … Continue reading “Bitcoin (BTC) Bull Willy Woo Foresees A Stronger Bitcoin”

Cryptocurrency Mass Adoption Faces Uphill Battle

Author Ian CooperPosted on Categories Altcoin, Banking, Blockchain, Business, Cryptocurrency, GeneralTags , , , , , , , Leave a comment on Cryptocurrency Mass Adoption Faces Uphill Battle

Cryptocurrencies are revolutionary.  Yet, adoption isn’t happening as quick as many anticipated. They offer quicker speed.  There’s no middleman.  There’s lower cost. Yet numerous factors are holding them back from mass adoption. Five Major Problems Preventing Mass Adoption For one, a vast majority of people can’t even explain what a cryptocurrency is, or even how … Continue reading “Cryptocurrency Mass Adoption Faces Uphill Battle”

KuCoin Office Vanishes as Fate of Major Cryptocurrency Exchange Hangs in the Balance

Author David CrowderPosted on Categories Bitcoin, Business, Crypto Exchanges, CryptocurrencyTags , , , , , , , , Leave a comment on KuCoin Office Vanishes as Fate of Major Cryptocurrency Exchange Hangs in the Balance

KuCoin is one of the largest cryptocurrency exchanges in the world. It ranks with Binance, Coinbase, Bittrex, Bitfinex, and UPbit, as the most critical to the cryptocurrency universe. KuCoin has now drawn some scary comparisons in the minds of many investors to Mt. Gox. The Japanese exchange, Mt. Gox, is the failed once largest Bitcoin … Continue reading “KuCoin Office Vanishes as Fate of Major Cryptocurrency Exchange Hangs in the Balance”

Ill-Fated Mt. Gox Exchange Locks Down $1.3 Billion in BTC Until Summer 2019

Author David CrowderPosted on Categories Altcoin, Bitcoin, Business, Crypto Exchanges, CryptocurrencyTags , , , , , , , Leave a comment on Ill-Fated Mt. Gox Exchange Locks Down $1.3 Billion in BTC Until Summer 2019

Mt. Gox has again garnered headlines for all of the wrong reasons. The ill-fated, hacked, one-time largest cryptocurrency exchange in the world suffered sudden collapse several years ago. Countless people lost their Bitcoin holdings in the greatest digital assets hack of all time. Users have never recovered their money. Now the regulators determining how the … Continue reading “Ill-Fated Mt. Gox Exchange Locks Down $1.3 Billion in BTC Until Summer 2019”

Bitcoin Price Jumps to $9,200 while Crypto Market Cap Hits $420 Billion

Author bittpressPosted on Categories Bitcoin, GeneralTags , , , , , , , , , , Leave a comment on Bitcoin Price Jumps to $9,200 while Crypto Market Cap Hits $420 Billion

The price of bitcoin has climbed by over $400 in the last 24 hours, getting into the $9,000 region and exceeding $9200. A sudden dip on April 27 sent bitcoin price to the $8,800 mark. But throughout the day bitcoin and other cryptocurrencies saw record gains as the market climbed to $420 billion. EOS once … Continue reading “Bitcoin Price Jumps to $9,200 while Crypto Market Cap Hits $420 Billion”