Bitcoin price continues to fall, at this time USD 9,600
Bitcoin price decreases fast after having reached its local maximum at 13,000 USD two months ago and seems to continue lowering its value at the time of writing this news. Cryptocurrency users have divided opinions about the event, one part see it as an opportunity to acquire more bitcoins, with…
User of Silk Road captured trying to launder 19 millions in bitcoin
On July 18, a man was arrested for trying to launder $19 million in bitcoins obtained from the darknet Silk Road. Hugh Haney faces a charge for money laundering and another charges for participating in a transaction using illegally earned profits. If he is found guilty, he could face up…
India rejects cryptocurrencies ban
Indian Finance Minister Rayja Sabha has indicated to the Parliament of India his stance against the ban on bitcoins and other cryptocurrencies through a letter that clarifies rumors that have spread about the possible prohibition of cryptocurrencies in the asian country. In the letter the minister indicates that cryptocurrencies are…
Best Trading Pairs for Cryptocurrencies on 2019
According to many users of classic exchanges and the website Coinmarketcap, some of best trading pairs of cryptocurrencies on 2019 are the following: (Information from May 2019) Bitcoin – Ethereum (BTC-ETH)Bitcoin – Litecoin (BTC-LTC)Bitcoin – Bitcoin Cash (BTC-BCH)Bitcoin – Dash (BTC-DASH)Bitcoin – Ripple (BTC-XRP)Bitcoin – Dogecoin (BTC-DOGE)Bitcoin – Stellar (BTC-XLM)Bitcoin…
Libra could be regulated in the United States
Donald Trump has never been a fan of Cryptocurrencies and we can see it again. With the rise of cryptocurrencies, faced with competition with the current economic system, the president has not been willing to allow a free economy in terms of the use of virtual assets in the United…
Bitcoin recovers its price over 13,000 USD again
After almost two weeks of uncertainty about the price of Bitcoin, the price recovers and now is 13K USD again, with a trend that goes from bullish to stable. Remembering that Bitcoin, as well as cryptocurrencies not listed as stablecoins are assets with high volatility, and their price can not…
Are cryptocurrencies assets or currencies?
The original concept proposed by Satoshi Nakamoto is that Bitcoin is a new model of P2P (peer to peer) payment, where the users connect directly without the need of a centralized entity or bank to do the transactions, and the use of cryptography as a way to guarantee the veracity…
Bitcoin network consumes more electricity than all Kuwait
Bitcoin network is an enemy of electricity consumption and its effects are beginning to be seen worldwide. Currently, the global consumption of the Bitcoin network is 60.45 TWh, information taken by real time of the University of Cambridge. Consumption that exceeds the total consumption of all Switzerland and Kuwait individually….
Bitcoin fights with altcoins
Lately there has been clear competition for prices between Bitcoin and the main altcoins. It is expected one of two scenarios: that the price of Bitcoin rises and the price of the altcoins goes down or vice versa, however the moments of coexistence in which the prices of all cryptocurrencies…
Bitcoin and Ethereum, are they really brothers?
With the rise of virtual assets, users trades their cryptocurrencies between them in an indistinguished way, however, deep down there is much to talk about. Being the Bitcoin the first developed cryptocurrency and the Ether the second most used cryptocurrency, it is worth making an analysis of the operation of…