Tag Archive: cryptocurrency

Jan 19

Cryptocurrency is Changing Lives in South Korea

Continuing on cryptocurrcies in South Korea, to a look at this from Kevin Helms of Bitcoin News.   Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial …

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Nov 13

Bitcoins Rebounds After A Weekend Tumble

Bitcoin is usually a little wobbly on the weekends and this weekend was no exception. On the other side of the coin so to speak, Bitcoin Cash saw it highest increase to date.. Let’s take a look at the latest report from Cryptocoins News. Rollercoaster Weekend: Bitcoin Price Falls From $7,300 to $5,600 and Rebounds …

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Oct 30

Starting The Week On A High Note…

Bitcoin prices have fluctuated over the past week or so after a previous high of just over $6,200 and are now starting this week on a high note, soaring to $6,345. on Monday. This just in from Cryptocoins News: Newsflash: Bitcoin Price Hits New All-Time High Above $6,300 Samburaj Das on 30/10/2017 Another week, another all-time high …

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Oct 18

Is Wall Street The Driving Force Behind Bitcoin Surge?

Since Wall Street announced that it is considering Bitcoin as a new asset class, value has been surging. I found this article by William Suberg at cointelegraph.com  that sheds more light on the subject.   Wall Street is driving Bitcoin’s price rise this month according to Bloomberg, even as Goldman Sachs still picks gold over crypto. In comments on Bloomberg …

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Oct 16

Russia is Planning It’s Own Cryptocurrency

No surprise there.  Most certain to be a government controlled currency, Russia’s Cryptocoin will be called the ‘CryptoRuble’. From Cryptocoinsnews.com: Russian president Vladimir Putin has called for a state-issued cryptocurrency – the cryptoruble. According to Russian publication AIF, a closed-doors meeting between President Putin and Moscow’s political elite at the city’s Capital Club led to Putin …

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Oct 10

Russia’s Abrupt Turnaround on Cryptocurrency

Russia has done a complete about face concerning Cryptocurrency. This new just in from Cointelegraph.com Russia’s central bank is leading efforts to shut Internet access to cryptocurrency exchange websites. As local news outlet RBC reports Tuesday, Bank of Russia is working with the country’s general prosecutor to block all exchanges offering Russians the opportunity to buy and sell …

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Oct 07

Feds Lose in Silk Road Bitcoin Auction

I just read this article from Cryptocoin News and found it very enlightening. Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction   The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took …

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Oct 07

What is Bitcoin and How to Explain it in 2017!