Is Solar-Powered Cryptocurrency Mining the Next Big Thing Cryptocurrency mining is a difficult and costly activity. Miners must pay to build rigs capable of vast amounts of processing power, and then the rigs themselves must be powered with large quantities of electricity. It's all a careful balance between how much the operation costs and how … Continue reading Is Solar-Powered Cryptocurrency Mining the Next Big Thing
China and Japan Are Largely Responsible for the Current Success of Cryptocurrency The adoption of digital currencies on both the individual and institutional level in China and Japan is propelling cryptocurrencies to ever greater heights. However, some are still skeptical that they are the finance systems of the future due to their current volatility. … Continue reading China and Japan Are Largely Responsible for the Current Success of Cryptocurrency
How Balanced Cryptocurrency Portfolio Looks Like: Investment Tips A large number of investors have started to purchase cryptocurrencies as a short-term and long-term investment, a safe haven asset and an experimental investment to develop a proper understanding of the market and the technology behind cryptocurrencies such as Bitcoin. As a result, even the initial coin … Continue reading How Balanced Cryptocurrency Portfolio Looks Like: Investment Tips
Bitcoin could nearly double and reach $5,000 soon, says Standpoint Research Bitcoin traded near $2,600 Wednesday, according to CoinDesk. Standpoint Research founder Ronnie Moas said the digital currency could rise to $5,000 "in a few months." "This is not something I could keep my hands off of," Moas said. Stock research analyst Ronnie Moas … Continue reading Bitcoin could nearly double and reach $5,000 soon, says Standpoint Research
Bitcoin and Decentralized Networks are the Future, Says University Professor Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria (South Africa), who also directs the Centre for the Study of Governance Innovation, recently published a write-up stating that money systems are in the process of transitioning from “centralized authority to decentralized networks.” … Continue reading Bitcoin and Decentralized Networks are the Future, Says University Professor
Bitcoin Could Hit Near $4,000: Goldman Sachs’ Chief Analyst Although bitcoin price has grown 3x at peak levels this year, better gains are yet to come, according to Goldman Sachs’ chief technician. Bitcoin has been on a historic tear in 2017. After ringing in the year at $1,000 on the very first … Continue reading Bitcoin Could Hit Near $4,000: Goldman Sachs’ Chief Analyst
Ethereum Price Drops Below $300 Amid Technical Issues and Cryptocurrency ICO Hype Things are not looking all that great for Ethereum right now. The popular cryptocurrency suffered a major crash not too long ago and it remains the market is still recovering. The past two days have heralded another downturn for Ether, making … Continue reading Ethereum Price Drops Below $300 Amid Technical Issues and Cryptocurrency ICO Hype
Cryptocurrencies Could Reach $5 Trillion in 5 Years, Says Wall Street Billionaire Bitcoin Investor Billionaire investor Michael Novogratz, a former hedge fund manager who has been supportive of bitcoin, claims cryptocurrencies could be worth more than $5 trillion in five years, speaking at the CB Insights Future of Fintech conference in New York, Get … Continue reading Cryptocurrencies Could Reach $5 Trillion in 5 Years, Says Wall Street Billionaire Bitcoin Investor
IMF Urges Banks to Invest In Cryptocurrencies A June 2017 staff discussion note from the International Monetary Fund (IMF) suggests that banks should consider investing in cryptocurrencies more seriously than they have in the past. According to the IMF staff team responsible for the note, including prominent economists such as Dong He, Ross Leckow, … Continue reading IMF Urges Banks to Invest In Cryptocurrencies
Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend Cryptocurrencies continued their recovery from last week’s massive price fallout, resuming the upward trend that has characterized 2017. All but 12 of the top 100 cryptocurrenices posted gains in the last 24-hour period. Market leaders bitcoin and Ethereum had the smallest gains the last 24-hour period, with … Continue reading Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend