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In just under a year, the price of Bitcoin rocketed 1800% from $1,000 in January to just about $18,000 with little-to-no interruption. The value of all bitcoins combined is now over a quarter trillion dollars. Which leaves many wondering — how did we get here?. From its inception in 2009 until last year, Bitcoin was hardly ever mentioned in mainstream …
Read More »The Latest Bitcoin News
December, 2017
November, 2017
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6 November
SegWit2x: What is it, and how is the Upcoming Fork Affecting Bitcoin?
Coming in the middle of this month, November of 2017, Bitcoin will be undergoing what is possibly the largest hard fork to date. All over SegWit2x, a controversial scaling solution, of which it is currently halfway to being completely implemented. In August, the Bitcoin network underwent a separate hard fork that created Bitcoin Cash, due to the opposition to SegWit. …
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October, 2017
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14 October
Upcoming Bitcoin Fork Boosting its Price
Whether it makes sense or not, the upcoming hard fork that is expected next month may be boosting Bitcoin’s price. In August, before the last hard fork that Bitcoin experienced, the price shot up to almost $5,000 before the fork, reaching all time highs and reached more all time highs afterwards as well. The same seems to be happening …
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September, 2017
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12 September
Maine Senate Candidate Accepting Bitcoin Contributions
Eric Brakey, a libertarian, is now running for U.S. Senate in Maine as a Republican. Brakey, who has been a long time supporter of cryptocurrency, is currently accepting donations to his campaign in the form of Bitcoin and possibly other cryptocurrencies via Shapeshift. If elected, he would be joining the ranks of ‘Conservatarians’ like Sen. Rand Paul (R-KY), and would …
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4 September
Chinese Government Bans ICOs
A stunning development out of China came to light this morning. China banned ICOs meaning that any projects that are raising money through cryptocurrency are now not allowed in a country that is one that has a large number of its citizens involved in cryptocurrencies – to the point where some are leasing planes to ship graphics cards for mining. …
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August, 2017
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31 August
Looking Back: CNBC’s 2014 “Bitcoin Uprising” Special
Back in 2014, CNBC visited Bitcoin Center NYC as part of their special about Bitcoin. Take a look back in the past when Bitcoin was still a strange fascination. Watch the full 26 minute video for free on CNBC’s website.
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31 August
Ethereum Co-Founder Partners with Russian Bank
Vitalik Buterin, a co-founder of Ethereum has recently announced that he created an entity separate from the Ethereum Foundation, Ethereum Russia, and plans to use this to collaborate with Russian banks and universities. As of now, Ethereum Russia is partnered with one university, The National University of Science and Technology (MISIS) as well as one bank, namely Vnesheconombank (VEB) but …
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29 August
“Banking on Bitcoin” lands on Netflix! – Documentary ft. Bitcoin Center NYC
Banking on Bitcoin is a great documentary to learn more about Bitcoin and its vibrant community. The filmmakers spent months with Bitcoin Center NYC founder Nick Spanos and other prominent characters from the Bitcoin industry. Now that it’s on Netflix, there is no excuse for not having seen this great movie! Look it up or follow this link to watch …
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25 August
ICYMI: SegWit Officially Activated on Wednesday, August 23rd
As of block 481,824, Bitcoin received its largest protocol upgrade yet. Segregated Witness, or SegWit for short, is the controversial, long awaited modification to the Bitcoin protocol that is effectively increasing the blocksize by about double. SegWit rearranges the blocks that store Bitcoin transaction data in such a way that it is expected that the individual blocks will be able …
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17 August
Bitcoin’s Price Reaches An All-Time High Of Over $4,000 – and At Least One Trader Believes That Is Just the Beginning
Bitcoin has recently made it through a chain split unscathed, due to the impending lock-in of SegWit, a somewhat controversial solution to Bitcoin’s scalability issues. Shortly after the split on August 1st, which brought us Bitcoin Cash, in addition to Bitcoin, miners continued to signal for the activation of SegWit, an alternative scaling solution to increasing blocksize. SegWit has been …
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8 August
Bitcoin Locks In SegWit (Finally)
In 2015, a concept to solve Bitcoin’s scalability issue was first proposed. Today, a year and a half later, the widely accepted solution to Bitcoin’s scalability problem has been locked in earlier this afternoon, namely SegWit, or Segregated Witness. SegWit solves part of Bitcoin’s scalability problems by removing signature data from transactions, or ‘segregating’ it, allowing for more transactions to …
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7 August
U.S. Sanctions Bill Includes a Provision on Cryptocurrencies
Just 5 days ago, President Trump signed a controversial sanctions bill into law that includes a small provision regarding cryptocurrencies. The provision in question states: “[A] discussion of and data regarding trends in illicit finance, including evolving forms of value transfer such as so-called cryptocurrencies, other methods that are computer, telecommunications, or internet-based, cybercrime, or any other threats that the …
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7 August
What is AntShares (NEO) and What is the Reason Behind its Meteoric Rise?
AntShares (recently re-branded as NEO), a relatively new crypto, has been enjoying a meteoric rise in value in the past month, and as such we should explore why NEO has enjoyed its rise in price – closing in on a $1 billion market cap. Partnerships Fueling the Rise of AntShares NEO, previously AntShares is a Chinese-run blockchain similar to the …
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3 August
Gemini & CBOE Team Up For Bitcoin Options Trading
Earlier this morning Gemini, the cryptocurrency exchange owned and operated by the Winklevoss brothers, announced that they will be providing data to the Chicago Board Options Exchange (CBOE) in an effort to bring forth trading derivatives on cryptocurrencies. The agreement between Gemini and CBOE is a massive step forward for the community, as it is likely that this move will …
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3 August
Updates in the Case Against the BitLicense
Those of you who have been following the news surrounding New York’s Bitlicense may know of Theo Chino. His case against New York’s infamous Bitlicense (he’s suing the State) has just recently been updated, whether that is a good or bad thing for his case is yet to be seen. The judge who had sided with Bitcoiners, Justice Lucy Billings …
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