bitcoin

Top New Tech Trends Everyone Should Watch For in 2019

TechTrend

The new year is upon us and for techies and average consumers alike, that means almost 365 days of possible new developments in tech- and cool gadgets. While we don’t have an iCrystalBall (yet), here are some exciting tech trends to watch for in the coming year. The hyper-personalization of everything: Unless you conduct all […]

Beyond Solar Power: Akon’s ‘Akoin’ Aims to Build Africa’s New Economy

Akon

As globalization and technology continue to provide more opportunities for people throughout the world, a few significant challenges remain- especially in underdeveloped countries with less than stable economies and national currencies. For years, cryptocurrency experts have stressed the importance of building crypto-based economies in countries such as these (many of them in Africa). Now Akon, […]

New York Attorney General Launches Inquiry Into Bitcoin Exchanges

New York’s top cop is launching an inquiry into cryptocurrency exchanges amid rising concern about the nascent digital markets. State Attorney General Eric Schneiderman (D) on Tuesday announced the “Virtual Markets Integrity Initiative,” an inquiry seeking to examine the “policies and practices of platforms” that trade in cryptocurrencies such as Bitcoin. The initiative aims to […]

Scientists at Russian nuclear research facility arrested for mining cryptocurrency

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Scientists working at one of Russia’s top-secret nuclear facilities have been arrested by state police for allegedly trying to use the site’s powerful research computers to mine cryptocurrencies. According to BBC News, the incident took place at the Federal Nuclear Center in Sarov, one of a number of “closed cities” created by the Soviet Union […]

Facebook Is Banning All Ads Promoting Cryptocurrencies Including Bitcoin

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Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That means no advertiser — even those that operate legal, legitimate businesses — will be able to promote things like […]

Bitcoin Plummets Below $10K, Loses Half Of Its Value

Bitcoin slid to $10,000 on Wednesday for the first time since Dec. 1, leaving the cryptocurrency down by close to half from its peak hit last month. Bitcoin, the largest and most prominent cryptocurrency, fell more than 11 percent to hit $10,000 on the Luxembourg-based Bitstamp exchange, amid worries about a regulatory clampdown. The cryptocurrency […]

Warren Buffett On Bitcoin: It Will Definitely Come To A Bad Ending

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Billionaire investor Warren Buffett isn’t joining in on the bitcoin craze. “I can say almost with certainty that they will come to a bad ending,” the CEO of Berkshire Hathaway Inc. said of cryptocurrencies in an interview with CNBC on Wednesday, Jan. 10. “If I could buy a five-year put on every one of the […]

Australian Producer PON CHO Leaves Music to Chase Bitcoin Riches

PON CHO Australian Producer Bitcoin

Australian producer PON CHO of Thundamentals has this week decided to focus on his Bitcoin and other cryptocurrency investments over his career in music for the immediate future. After a series of recent investment wins, he found that the rapidly emerging  financial market proved too good of an opportunity to pass. The New World Artists […]

Coinbase CEO Warns Against “Irresponsible” Bitcoin Investments

We can’t say we weren’t warned. A new signpost was added to the crazy financial ride known as bitcoin on Friday when Coinbase, arguably the best-known bitcoin broker on the market, sent a warning message to investors: “Please invest responsibly.” “We also wanted to remind customers of some of the risks associated with trading digital […]

Bitcoin Breaks Through $15K Mark

Bitcoin has breached the $15,000 mark, extending the digital currency’s record-breaking surge. The cryptocurrency began the year below $1,000 but continues to rise despite warnings of a dangerous bubble. According to Coindesk.com, Bitcoin reached $15,007.70 (£11,252.62), before falling back to about $14,680. The new record high comes just days before the launch of Bitcoin futures […]

Bitcoin Currency Hits New Record High

Bitcoin’s price has already spiked more than 1,000 percent in the past 12 months. Now it’s bordering with another milestone; a $10,000 price for a single unit of the cryptocurrency. Bitcoin’s rise has been both meteoric and swift, with surges in its value often being driven by positive reports about its status. Earlier this year, […]