The newest scaling proposal is called as Segwit2x. The entire proposal is spearheaded by Digital Currency Group; this is the investment conglomerate of Bitcoin. The primary objective of this proposal is to introduce two main changes in the Bitcoin network and contribute towards its progress in the future. The first change out of it would…

Bitcoin markets are continuing to showcase that he market sentiment remains somewhat stable in spite of certain tendencies that push the price up and down through trading sessions. Traders are continuing to show some support as breaches have so far been responded with swift recoveries managing to keep prices above $2800 in the longer run. Major…

During the recent past, we heard a lot of news stories related to encryption attacks and identity theft. The recent “WannaCry Encryption Attack” can be considered as a perfect example to prove the above mentioned fact. These instances are in a position to create a tremendous impact on the lives of people. As a result,…

During the past few years, the popularity of digital currencies has grown exponentially. Bitcoin can be considered as a perfect example to prove the above mentioned fact. The value of Bitcoin overtook the value of Gold at the beginning of this year. The price hike of this digital currency continues along with time and we…

Bitcoin markets were hit by a bearish overturn not long after prices peaked above $2800 price levels. The recent bearish wave has pushed bitcoin prices down to $2600 levels is hitting markets under a market sentiment that wasn’t signaling with bearish signals after the peak above $2800 was reached. The extent of the price fall…

There’s a novel Bitcoin Improvement Protocol or BIP. This came out in the mailing list of Bitcoin Core. The BIP (still without any number) recommends an User-Activated Soft Fork or USAF on August 1st (as with  BIP 148) and a hard-fork to 2MB six months after. 2017 Scaling Agreement The assumption is those who signed Consensus 2017…

At the beginning of June, The alt-coin market started to overflow with activity. One by one, random coins doubled in price and kept pushing new all time highs. A good example is ReddCoin and BitBeans, two dormant coins that climbed over 40x in price in a one month period. When holding bags, It can be difficult not…

  Bitpoint Japan, a payment and exchange start-up, formed a partnership with Peach Aviation for Bitcoin payment technology to this airline firm. It also plans to use this approach for more than a hundred thousand Japanese retail shops. Peach is the first airline company that accepted the BTC for tickets. All Nippon Airways, biggest Japanese airline, is…

The Darknet (or Dark Net), has given Bitcoin a negative image. Darknet refers to the “overlay network” accessed with exclusive configurations, software, and authorization. It makes use of unusual or substandard communications procedures and ports most of the time. Two kinds of dark net are called: Friend-to-Friend (used particularly for sharing of files with Peer…

Bitcoin markets had several breaches of support through the last trading session, with traders proving unable to hold prices above $2500 in several occasions. In hindsight though, a recent price spike pushed prices above $2500, something that the market appeared ready to welcome with ease. In so far, resistance and selling pressure appear to have…