Analyst on bitcoin record

December 6, 2017.Reading time less than 1 minute.

Cryptocurrency bitcoin has set another record, breaking through the $12,000 mark for the first time. Compare that with where it was at the beginning of the year, when it was trading at around $1,000 per token. Since then, it’s been growing constantly, albeit it with regular fluctuations. RT discussed this with Craig Erlam, senior market […]

Venezuela to launch ‘Petro’ cryptocurrency

December 4, 2017.Reading time 1 minute.

CARACAS (Reuters) – Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy. The leftist leader offered few specifics about the currency launch or how the struggling OPEC member would pull […]

Video Analysis: Bitcoin 29.11

November 29, 2017.Reading time less than 1 minute.

Chief Market Analyst David Cheetham takes a look at Bitcoin as it experiences another stunning rally, even by it’s own standards.

This Art Is Made Of Bitcoin – You Can Steal It If You’re Smart Enough

November 21, 2017.Reading time 1 minute.

With cryptocurrency values shattering records and upcoming changes to the bitcoin platform, artist Andy Bauch, is providing commentary on the freedom and volatility of developing digital currencies. He’s creating tangible pieces of art from the abstract, ethereal virtual cash. Bauch uses his proprietary computer software to design and assemble artworks, choosing playful and familiar LEGO […]

Is there a future for Bitcoin in Zimbabwe?

November 20, 2017.Reading time less than 1 minute.

Zimbabwe’s army seized control of the country on Tuesday night, claiming it was removing “criminals” around Robert Mugabe, and held the president and his family under house arrest. But can the military intervention really bring change for the country’s ailing economy? Not unlike the after effects of the Greek crisis of 2015 and the current […]

Björk encourages fans to buy her new album with Bitcoin

November 15, 2017.Reading time less than 1 minute.

Björk is encouraging fans to buy her new album ‘Utopia’ with Bitcoin and other cryptocurrencies. As The Times reports, Björk fans are able to purchase the album with cryptocurrencies Bitcoin, Litecoin, Dashcoin, and AudioCoin. She is the first major artist to make an album available for purchase in these currencies. What’s more, anyone who purchases […]

Japan made bitcoin a legal currency – now it’s more popular than ever

November 8, 2017.Reading time less than 1 minute.

Bitcoin trade in Japan accounts for about half of the global trade volume. That number has surged since the government passed a new law earlier this year, recognizing bitcoin as a legal form of currency. CNBC’s Akiko Fujita reports.

Bitcoin: What’s Coming in the Year Ahead

November 2, 2017.Reading time less than 1 minute.

Bitcoin’s meteoric rise is attracting a ton of attention. Is it ready for the mainstream? Coming soon to Bloomberg: a digital hub for cryptocurrency and blockchain news, analysis and insight. Correction: Venezuela does not jail Bitcoin miners. There are thousands of them in the country. They jail criminals. And misuse of scarce electricity can be […]

An entrepreneur is building homes that are kept warm for free by mining bitcoins

November 1, 2017.Reading time less than 1 minute.

An entrepreneur is building homes that are kept warm for free by mining bitcoins. pic.twitter.com/7HVYzo4Ne1 — Quartz (@qz) October 31, 2017 /via Quartz

Cryptocurrency: Bitcoin mining gains popularity in Russia

September 6, 2017.Reading time less than 1 minute.

The low cost of energy in a Russian city is turning it into a BITCOIN powerhouse. It’s raising questions about how to regulate the use of the virtual currency. Around the globe, millions of people use the online currency every day. Its growing popularity and high market value, have turned the virtual currency into a […]