All posts by David

Will Investing in Cryptocurrency Make You Rich

Will Investing in Cryptocurrency Make You Rich   Have you heard? Cyptocurrency is so hot right now. Bitcoin's price has been climbing for the better part of a year, topping $2,000 per coin for the first time in May, and rising to a record high above $2,500 — before dropping down just above $2,400 a … Continue reading Will Investing in Cryptocurrency Make You Rich

How Do Bitcoin Transactions Actually Work

How Do Bitcoin Transactions Actually Work   Whether you’re interested in becoming a developer for blockchain applications, or you’re just looking to understand what happens under the hood when you send bitcoin to a friend, it’s good to have a working knowledge of what happens when you create and broadcast Bitcoin transactions to the Bitcoin … Continue reading How Do Bitcoin Transactions Actually Work

Russia is looking to regulate bitcoin but still doesn’t see it as a currency

Russia is looking to regulate bitcoin but still doesn’t see it as a currency Russia is exploring ways to regulate bitcoin, the country's central bank governor has told CNBC, but sees "doubts" over the benefits of the cryptocurrency and even questions whether it should be considered a virtual currency at all. In an interview with … Continue reading Russia is looking to regulate bitcoin but still doesn’t see it as a currency

Is China Waking up to Ethereum

Is China Waking up to Ethereum On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from May 31. In its announcement, Huobi revealed that the company has … Continue reading Is China Waking up to Ethereum

The Cryptocurrency Market Is Growing Exponentially

The Cryptocurrency Market Is Growing Exponentially Bitcoin dominates over other digital currencies today, but the data suggests its market share will drop significantly in the next few years. When it comes to the future of money, there is a growing consensus that cryptocurrencies are set to play a major role. One cryptocurrency, in particular, has … Continue reading The Cryptocurrency Market Is Growing Exponentially

Bitcoin Should Figure in Your Investment Porfolio

Bitcoin Should Figure in Your Investment Porfolio   Boris Schlossberg of BK Asset Management has joined the cadre of investment advisors who see bitcoin as a way for investors to hedge their bets against market uncertainty. Schlossberg, according to CNBC, sees bitcoin as an addition to an investment portfolio in the wake of political uncertainty. … Continue reading Bitcoin Should Figure in Your Investment Porfolio

Bitcoin Price Officially Doubles That of Gold

Bitcoin Price Officially Doubles That of Gold, Experiences Minor Correction Until May 26, Bitcoin price remained at around $2,550, demonstrating a value that is double that of gold. Gold is being traded at $1,267 in most major markets. For two straight days, from May 24 to May 26, Bitcoin was being traded at a price … Continue reading Bitcoin Price Officially Doubles That of Gold

Bitcoin is going wild — here’s what the cryptocurrency is all about

Bitcoin is going wild — here's what the cryptocurrency is all about Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines after soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April. In countries that accept it, … Continue reading Bitcoin is going wild — here’s what the cryptocurrency is all about

Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs

Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs Bitcoin’s dramatic surge may be more than just a speculative frenzy. The recent rally is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, according to industry executives. "A lot of the volume into bitcoin … Continue reading Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs

Billion Dollar Cryptocurrency Club Swells to Six Members

Billion Dollar Cryptocurrency Club Swells to Six Members Bitcoin’s market cap surpassed $37 billion today when the price hit $2271.16, commanding more than a billion in trade volume in a 24-hour period, according to coinmarket.com. The total value of the coin market is now at $81.3 billion, as the last two days added more than … Continue reading Billion Dollar Cryptocurrency Club Swells to Six Members