The past several days have been good for cryptocurrency values. Bitcoin has enjoyed a rebound, largely due to the BIP91 lock-in and avoidance of a dreaded chain split. As expected, as Bitcoin has risen, so have altcoins. Every altcoin with a market cap above $300 million has advanced in the last week, but that is…

AlphaBay gets shut down by Authorities while the alleged Market's Creator commits suicide. The underground market AlphaBay was put down by authorities earlier this month. According to the Wall Street Journal, there was a joint international law enforcement operation leading to the shutdown of the infamous Dark Web Bazaar and the detention of one of the…

Over the past few years, more and more services have been built around bitcoin as its user base grows. Bitcoin debit cards are one of the most recent improvements that have become reality thanks to an increased demand to spend bitcoin. What started as a niche kind of service has now become widely available and…

In just a couple of days, the bitcoin network might face one of its biggest challenges so far. Will it stay united through consensus, by adopting the same strategy throughout the entire network, or will there be an user activated soft fork (UASF), possibly even a chain split? As we’ve entered the final countdown before the…

Bitcoin’s ability to help the economies of the developing world represents one of the cryptocurrency’s most promising characteristics. Advocates point to the low cost of remittances, the ability to provide financial services to the unbanked, and even the use of Bitcoin as a humanitarian aid as just a few of the means by which Bitcoin…

The long debate over Bitcoin scaling is moving toward resolution as more than 80% of the miners are signaling support for BIP91. If this holds, and it likely will, Bitcoin will adopt Segregated Witness via SegWit2x before the August 1st deadline (Update: As of midnight July 21st, BIP91 is locked in). Not surprisingly, Bitcoin prices…

Trading is a very old concept which dates back to 150,000 years ago. Prehistoric people bartered goods and services from each other in order to complete the earliest semblances of transaction. Continuing on, more expensive goods like jewelry started being exchanged in 3000 BC. Nowadays, we are trading completely virtually. Our early ancestors paved the…

On June 10, Bitconnect coin, better known to the community as BCC, reached an all-time high price at $59.24. Within a three-month period, the price of BCC increased from $1.76 to $59.53, recording a staggering growth rate of 3,265 percent. Since the beginning of 2017, the cryptocurrency market demonstrated an exponential growth rate, achieving a historic…

The past week was a particularly tough one for bitcoin prices. BTC/USD rates went from $2500 down to $1800 levels but prices recovered through the end of the week. Selling pressure got a hold of markets and panic selling ensued to cause price drops below supposed support levels. Yet, in spite of the breach the…

In the first hearing of his trial for fraud, former Mt. Gox CEO Mark Karpeles plead not guilty in Tokyo District Court on Tuesday. Karpeles is charged with embezzlement and data manipulation. The Japanese-based Mt. Gox, once the world’s largest Bitcoin trading platform, ceased operations in early 2014. It later revealed that it had lost…