Questions are being asked about platform power. Regulatory rules and knives are being sharpened. Politicians are eager to point the finger of blame. And with so much tech-fueled ammunition, who can blame them?
View More Tech in 2017: Crazy, troubled and out of control?Category: cryptocurrencies
Tech in 2017: Crazy, troubled and out of control?
Questions are being asked about platform power. Regulatory rules and knives are being sharpened. Politicians are eager to point the finger of blame. And with so much tech-fueled ammunition, who can blame them? Read More
View More Tech in 2017: Crazy, troubled and out of control?Largest U.S. Bitcoin exchange halts trading as cryptocurrencies plummet
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Coinbase — the largest Bitcoin market in the U.S. — has disabled all buying and selling as the digital currency Bitcoin dramatically loses value.
At 11:11 a.m. EST, Coinbase posted that it had temporarally disabled trading:
About 25 minutes later, at 11:35 a.m. EST, the company said it’s still monitoring the problem:
This “high traffic” is largely in reference to activity in the Bitcoin market. Bitcoin is the world’s highest-valued currency, as one Bitcoin hit nearly $20,000 this December.
But it’s lost about a quarter of its value in the last 24 hours and the fickle currency is now trading at around $12,874 — and some exchanges around $11,000. Read more…
More about Tech, Bitcoin, Coinbase, Cryptocurrency Transactions, and Cryptocurrencies
View More Largest U.S. Bitcoin exchange halts trading as cryptocurrencies plummetBitcoin price dives below $13,000, down 35% from last week’s highs
Well, it can’t just go up all the time.
After an incredible rally in the first part of December, which saw Bitcoin’s price nearly double from $10,240 to $19,994, the popular cryptocurrency is losing value, fast.
The price dropped by a qua…
Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain
Want to increase company value on the open market? Just change your name to something blockchain. At least, that worked for the Long Island Iced Tea Corp after changing its name to Long Blockchain Corp. In what is the most 2017 thing ever, company shares soared by as much as 500 percent in pre-market trading this morning after the company announced the name change, settling back to about a… Read More
2018 will be the year of Bitcoin’s rivals
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Bitcoin has had an absolutely insane year. At one point, its price was up nearly 2,000%, from about $1,000 in January to $19,922 mid-December. It exploded in the media and it caught the attention of pretty much everyone – from Wall St. billionaires to the average Joe just trying to make a quick buck.
Now, however, it’s time for Bitcoin to pass the baton.
I’m not talking about the price; estimating where the price of Bitcoin or any other cryptocurrency will go is pure guesswork. But in terms of development, Bitcoin’s progress in 2017 can easily be summed up in three words: Next to none. Read more…
More about Bitcoin, Ethereum, Cryptocurrency, Litecoin, and Cryptocurrencies
View More 2018 will be the year of Bitcoin’s rivalsBitcoin Cash skyrockets in value after Coinbase adds support
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Oh, you’re still into Bitcoin? That’s cool. Except Bitcoin Cash is the hot new cryptocurrency now.
Coinbase, the popular cryptocurrency exchange, announced Tuesday it would add support for Bitcoin Cash.
SEE ALSO: The top 10 tech stories of 2017
No, Bitcoin Cash isn’t new. It arrived on the scene back in August. (Its origin story is kind of complicated — luckily, we’ve got a helpful explainer here.) But the addition of Coinbase support is like a blessing from the Cryptocurrency Pope, and so Bitcoin Cash’s value ascended into the heavens.
If you happened to have knowledge of Coinbase’s announcement ahead of time, you could have made a pretty penny, which is why the company quickly tried to quell any accusations of insider trading. Read more…
More about Bitcoin, Coinbase, Cryptocurrency, Cryptocurrencies, and Bitcoin Cash
View More Bitcoin Cash skyrockets in value after Coinbase adds supportOverstock’s CEO launches new trading platform and token, tZero
Few mainstream business leaders have taken to the blockchain quite like Patrick Byrne. The founder of Overstock.com has been accepting Bitcoin since 2014 and has been talking about disrupting the payments world with transparent, low-cost, and san…
View More Overstock’s CEO launches new trading platform and token, tZeroOverstock’s CEO launches new trading platform and token, tZero
Few mainstream business leaders have taken to the blockchain quite like Patrick Byrne. The founder of Overstock.com has been accepting Bitcoin since 2014 and has been talking about disrupting the payments world with transparent, low-cost, and san…
View More Overstock’s CEO launches new trading platform and token, tZeroBitcoin takes a break but Ethereum and other cryptocoins reach new highs
Ethereum, the second largest cryptocurrency by market cap, is having a field day. It’s currently trading at $850, a new all-time-high, after an incredible rally in which it nearly doubled its price in nine days.
Ethereum’s current market capita…
Bitcoin takes a break but Ethereum and other cryptocoins reach new highs
Ethereum, the second largest cryptocurrency by market cap, is having a field day. It’s currently trading at $850, a new all-time-high, after an incredible rally in which it nearly doubled its price in nine days.
Ethereum’s current market capita…
Ethereum’s price surpasses $700 in another astonishing crypto-rally
Ethereum, the second largest cryptocurrency by market cap (behind Bitcoin), is currently trading at $707, a 20% increase in the last 24 hours.
This is a new record for Ethereum, which has kept pace with Bitcoin for the better part of the year b…