Bitcoin (BTC)

Tech billionaire and Shark Tank personality Mark Cuban launched a savage takedown of bitcoin in a Wired video this weekend. He reeled off a list of well-trodden criticisms of the cryptocurrency, comparing it to baseball cards and slamming its ‘lack of intrinsic value.’ In a truly bizarre statement, he said he’d rather own bananas than bitcoin. Last time I checked, bananas weren’t the best-performing asset of the decade. Billionaire Mark Cuban: Bitcoin has ‘no intrinsic value’ Cuban began...

Nearly one year after it was announced that South Korea’s largest cryptocurrency exchange, Bithumb, would be sold to BK Global Consortium for 400 billion won ($333 million), the deal appears to be going nowhere. The acquisition, which would see BK Global Consortium purchase a 50 percent stake and one share, was originally announced by Bithumb operator BTC Korea Holdings on October 12, 2018. The purchasing company also put down $100 million as a down payment and had plans to create its own...

It appears that last week’s selling pressure can’t seem to stop as Bitcoin lost yet another $350 of its value in another vicious spike downwards. The cryptocurrency is now trading at around $7,800, falling well below the $8,000 level. This marks a decrease of around 4% on the day as Bitcoin’s total market cap now sits at around $141 billion.Bitcoin Price Goes Down AgainAfter a weekend of sideways action, Bitcoin begins the new week losing another chunk of its value. The cryptocurrency just...

The bitcoin price (BTC) has dropped by more than 25 percent in the past two weeks as the cryptocurrency market struggled to see a relief rally. The bitcoin price (BTC) fell below $7,700 as it failed to secure momentum above $8,000 (source: coinmarketcap.com)When the bitcoin price initially dropped to $7,700 on September 27, it rebounded fairly quickly with strength, surging to $8,400 in merely 48 hours. However, as BTC failed to test important resistance levels near $9,000, the dominant...

The bitcoin price (BTC) has dropped from $10,050 to $8,000 in the past week by nearly $2,000 against the US dollar, leading traders to anticipate a larger pullback to lower support levels. According to traders and technical analysts like Josh Rager, the bitcoin price could drop to as low as $6,300 in the short term if the pullback intensifies to a region where large buy demand exists. The bitcoin price (BTC) has been struggling to recover after dropping to $7,700 (source:...

Il y a un peu plus d’un an nous avions réalisé un sondage afin d’établir un classement des banques en fonction de la façon dont elles traitaient les clients qui achètent ou vendent des bitcoins ou d’autres cryptomonnaies. Nous relançons aujourd’hui le questionnaire afin d’affiner notre classement et de mesurer d’éventuelles évolutions dans les pratiques bancaires. Ce sondage s’adresse à tous ceux...

« A l’image d’un Prométhée cypherpunk dérobant le monopole monétaire aux banquiers centraux pour le partager à tous, il y a maintenant 10 ans, Satoshi Nakamoto, cryptographe de génie et économiste apprenti sorcier, créa Bitcoin. Invention incongrue, phénomène déroutant, révolution financière majeure, qu’on s’en réjouisse ou qu’on le déplore, il y aura un avant et un après Bitcoin. Depuis cette invention inattendue, la monnaie est devenue...

Facebook’s Libra is getting some criticism from an unlikely source: Ripple’s Marcus Treacher.Treacher: Libra’s Got to Open Up a BitTreacher is the company’s senior vice president of customer success. According to an interview he did with CNBC his primary complain is that Libra will be a “closed system” or a “walled garden” as he calls it.This basically means that Libra will be largely controlled by a team of executives. The power will not be in the hands of the people who use it, but in those...

Hut 8 is a company that claims to be a new kind of mining firm. As bitcoin’s price crashes this week, some have taken notice of the increased hash rate in the bitcoin mining arena, and some are very curious how new companies are looking to extract new coins.Hut 8: New Ways to Access CoinsAccording to Andrew Kiguel, the CEO of Hut 8, the company’s name is taken from a project led by Alan Turing, a British mathematician who broke the Nazis’ enigma code during WWII. In a recent interview, he...

At press time, the number one cryptocurrency by market cap – bitcoin – has fallen below the $8,000 mark yet again and is currently trading at approximately $7,950.Bitcoin: It’s Ugliest Week in a Long TimeThe currency has had a rather ugly week, falling by more than 22 percent in just a matter of days. The trouble started last Wednesday when the currency dropped from the mid-$9,000 range to about $8,100 in just a matter of minutes. From there, the currency struggled to pick itself back up,...