• While Bitcoin tends to have slight price premiums and discounts in different currency markets like the CNY or INR, some exchanges are now trading Bitcoin with a considerable premium. Bitcoinist explains why. Bitfinex and Poloniex Price Premium A quick look at the Bitcoin prices from all exchanges in the field and one will notice a small anomaly. Both Bitfinex and Poloniex are trading Bitcoin with a +$50 premium on the USDT market. While most exchanges

    Bitcoin Trading at a Premium on Bitfinex and Poloniex

    | 2017/04/18 12:30 pm
  • Bitcoin core developer Greg Maxwell has newly outlined why he “does not support” a user-activated soft fork (UASF) as it figures in BIP 148. Maxwell: UASF ‘Guarantees Disruption’ In a circular to the Core mailing list Friday, Maxwell said that although he is not strictly against a soft fork, its incarnation in BIP 148’s UASF does not “really measure up to the standard set by segwit itself.” The debate over whether to galvanize the entire

    Core Dev Maxwell: UASF ‘Does Not Measure Up To Standard’

    | 2017/04/14 9:00 am
  • Riding the wave of recent positive news for Ripple, the XRP token is roaring with a 200% price surge over the weekend as the cryptocurrency market is reaching higher highs. But is Ripple for real or is it being fueled by confusion among new investors?  Is Ripple For Real? Jokes were abound this weekend as the cryptocurrency industry embraced April Fool’s Day in usual fashion. Meanwhile, Ripple experienced a serious surge with its market cap soaring from $360,000 USD to over

    Is Ripple Price Being Fueled by Confused Investors?

    | 2017/04/03 6:00 am
  • A gold mine discovered in China’s Shandong province is reported to have a potential value of more than $22 billion USD or more than the entire market cap of Bitcoin.  Eureka! Announced by the Shandong Gold Group Co. at a press conference on March 28, 2017, it is believed to be China’s largest gold deposit in history, People’s Daily Online reports. The discovery is located in the Laizhou-Zhaoyuan region of northwest Jiaodong Peninsula, east China’s coastal province of Shandong. The

    Gold Mine Worth More Than Bitcoin’s Entire Market Cap Found in China

    | 2017/03/29 9:30 am
  • The wonderful world of Bitcoin is a fascinating online roller coaster ride. What the mainstream calls “volatility” we call a time for “Hodl.” Bitcoin price resumed it’s upward volatility on Monday into Tuesday morning, gaining over 10%, and I’m going to tell you why. BITCOIN PRICE GAINS ON WEAKER DOLLAR Bitcoin price rebounded sharply entering the final week of March and it really had nothing to do with Bitcoin. The greater economic markets were the

    Bitcoin Price Rebounds Over 10% But It’s Not Why You Think

    | 2017/03/28 12:00 pm
  • Andreas Antonopoulos has warned about Bitcoin Unlimited’s system of consensus and the dangers of a hard fork. BU ‘Sets The Rulers’ But ‘Doesn’t Change Rules’ In his latest Q&A session at the Singapore Management University Bitcoin and Ethereum meetup, the veteran commentator highlighted how BU “doesn’t change the rules” but “sets the rulers, who will then get to change the rules.” “…That is a very dangerous thing to do in Bitcoin, especially if it’s done as

    Bitcoin Unlimited ‘Sets The Rulers’ For Bitcoin – Andreas Antonopoulos

    | 2017/03/26 8:00 am
  • The Bitcoin community is not enjoying their weekend, thus far, as the Bitcoin price continues to fall as the week comes to a close. Bitcoin value approaches $900 USD as a major player speaks on the forking turmoil. Bitcoin Price Falls on Fork Fears According to CoinMarketCap, Bitcoin price has fallen almost $350 over the last ten days, after reaching a low on Saturday of $904. This volatility follows a February showing nothing but gains,

    Bitcoin Price Hits 60-Day Low as Hard Fork Fears Loom

    | 2017/03/25 11:00 am
  • In an increasingly growing market, Bitcoin market share dominance is fading every day of 2017. As market fears of a hard fork continue to fester, a manic Monday saw Bitcoin drop under $1,000, as altcoins grow stronger than ever before. Why don’t we start with some good news first? The overall decentralized digital currency market has never been bigger and stronger, judged by market capitalization value Since the start of 2017 alone, the overall industry has

    Bitcoin Market Share Drops Almost 20%; Altcoins Stronger Than Ever

    | 2017/03/24 9:30 am
  • Roger Ver has received a pre-hard fork trade offer worth “up to” 130,000 bitcoins in a bargain receiving heavy publicity. Ver: Up To 130k Trade ‘Sounds Like Great Deal’ According to a post of the Bitcointalk forum, a Bitcoin bagholder known as “Loaded” signed a message from a wallet containing 40,000 BTC. In the message, Loaded challenges Ver to a one-to-one BTC/BTU trade in the event of a hard fork occurring. “@RogerVer lets make a

    Roger Ver Confirms He’ll Sell His Bitcoin: 130K BTU Trade a ‘Great Deal’

    | 2017/03/22 5:00 am
  • Bitcoin has suffered back-to-back losses, losing over 7% in value on Friday and over $2 Billion in market cap over the last 48 hours. Bitcoin price has fallen under $1100 USD for the first time in almost a month. Here, we break down the reasons and the industry fallout. Apparently, the most powerful companies in the Bitcoin community feel a hard fork is becoming all but inevitable. Their statement surely stunned the investment market. Many

    Bitcoin Price Loses Another $100 in Value – Here’s Why

    | 2017/03/18 11:00 am
  • Altcoin markets continue an unprecedented rise as downward pressure on Bitcoin is blamed on China and continued community indecisiveness. Community ‘Should Be Punished’ For Not Reaching Consensus As Bitcoin lost almost 8% in the 24 hours to press time, Ethereum passed $50 USD per coin, appearing to embark on an exponential run similar to that only just witnessed from Dash. Monero, currently the fourth largest cryptocurrency  in terms of market cap, also enjoyed rapid growth

    Bitcoin’s Total Crypto Market Cap Dominance Drops to All Time Low

    | 2017/03/17 6:00 am
  • CNBC appears to be jumping on the Bitcoin bandwagon this week as it features an analyst foreseeing a Bitcoin price of $3000 per coin by the end of 2017. CNBC Changes Tune To Bullish, Quotes $3k Bitcoin Price For 2017 Having previously been bearish and even critical of the digital currency, the mainstream US news resource was considerably more upbeat Tuesday. “In terms of price this year, I think it will go up to $3,000,”

    Blockchain CEO: Bitcoin Price of $3,000 ‘Feasible’ By End of Year

    | 2017/03/08 8:00 am
  • Vikram Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University who recently explained why Bitcoin is not in Bubble territory. Is There a Bitcoin Bubble That’s About to Pop? Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University and a senior fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also the author of “Boombustology: Spotting

    There is No Bitcoin Bubble, Yale Economics Professor Says

    | 2017/03/06 8:00 am
  • BTCC China CEO Bobby Lee’s latest Twitter poll has cast light on the meteoric rise of Bitcoin price by over 1,000 times in just six years. ‘Global, Decentralized’ Nature Behind Bitcoin Success With a market capitalization of over $20 billion as of 2017, respondents see Bitcoin’s “global and decentralized” nature as the main factor behind its success. 52% of the 1,300 takers of the survey selected the option, with 32% considering the digital currency being a

    Poll: What Exactly is Driving the Bitcoin Price?

    | 2017/03/06 4:00 am
  • Amid fervent media coverage of Bitcoin’s price equalling that of gold, commentators are coming out to add reason to the hype. $498,750 To Go To Beat Gold In terms of market capitalization, Bitcoin is a tiny 1/500th the size of gold in real terms.  When Bitcoin matched the price of one troy ounce of gold Thursday, the internet was awash with declarations of a decisive moment in financial history. Even mainstream media outlets picked up on

    Not So Fast: Bitcoin Price Needs to Be $500,000 to Beat Gold

    | 2017/03/03 5:00 am
  • In what is shaping up to a historic year for the controversial, decentralized, global digital currency Bitcoin has reached the next plateau of market acceptance and value, as its is now worth over $20 Billion for the first time in history. Bitcoin was born in a log cabin in Illinois….wait a minute, that’s my Abraham Lincoln intro. Well, they both were beacons of personal liberty and freedom, so not so much of a non-sequitur. Bitcoin has

    Bitcoin Global Market Value Grows to $20 Billion for First Time Ever

    | 2017/03/02 11:00 am
  • After a slow or turbulent start of 2017, the global cryptocurrency market picked up the pace and really hit its stride in the month of February. Momentum. That seems to be the word that best describes February as nearly every top decentralized digital currency has seen growth and reasons for optimism as Spring approaches. Let’s review what the state of affairs is for the top five cryptocurrencies as they head into March. February: Bitcoin Best

    Top 3 Cryptocurrencies Easily Outperform S&P, Dow Jones in February

    | 2017/03/01 10:30 am
  • China’s love affair with P2P trading platform LocalBitcoins shows no sign of flagging after yet another consecutive record week with traders exchanged over 50 million yuan. LocalBitcoins: 700k Reals, 50 Million Yuan Data from Coin Dance shows the seven days ending Saturday, February 25 was the busiest period ever for Localbitcoins in both China and Brazil. In the week prior, China registered around 36 million yuan in transactions, which itself easily beat any previous weekly period multiple

    Another Week, Another Record: LocalBitcoins Explodes in China, Brazil

    | 2017/02/27 3:00 am
  • How can we determine at what price point will Bitcoin match the total money supply value of global reserve currencies and the market cap of precious metals such as gold? Bitcoin: Market Cap or Money Supply? First off, a disclaimer. Definition of market cap: Market capitalization is the market value of a company’s outstanding shares. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. — Investopedia Bitcoin

    At What Price Will Bitcoin’s Market Cap Equal Gold & Reserve Currencies?

    | 2017/02/26 12:00 pm
  • As Bitcoin hits all-time highs, the infinite wisdom of CNBC and the mainstream press surfaces again as a bizarre news piece suggests the start of an “inflationary period.” Bitcoin Surge ‘Might Not Mean What You Think’ – CNBC The segment from the network’s Trading Nation, which aired Thursday, also included commentators describing Bitcoin as a currency for “buying kidneys.” “Bitcoin is surging – but that might not mean what you think,” an accompanying article reads.

    CNBC: Bitcoin Price Surge is Start Of ‘Inflationary Period’

    | 2017/02/24 9:00 am
  • Many metrics were proclaiming Bitcoin price to already reach an all-time high. Bitstamp, Coindesk and even mainstream avenues like Business Insider were quick to jump the gun. Early Friday morning, Bitcoin cleared the last hurdle and set a new all-time record, passing $1,200 USD. Bitcoin Price Hits New All-Time-High! You see, I was waiting for Bitcoin to officially pass the all-time mark within BitcoinAverage.com’s charts, since they have been following the price in their system since

    YES! Bitcoin Price Easily Sets New All-Time High; Passes $1,200

    | 2017/02/24 12:00 am
  • BTC price rose higher after positive news regarding the SEC and its new regulations that are expected to boost small Bitcoin businesses. Building on ‘Productive Relationship’ A memorandum of understanding (MOU) between the US Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), signed Friday, will see the two bodies share information related to ensure new crowdfunding regulations are effective for small businesses. The new rules will make it easier for

    New SEC Agreement Pushes Bitcoin Price Higher to $1,100

    | 2017/02/21 5:00 am
  • The more the world takes a serious look at Bitcoin, the more impressed they are by it. Governments and banks around the world are piggybacking off of its success to update their business models. Yesterday, another financial analyst sang the praises of Bitcoin’s future economic value. Financial Analyst, Yves Lamoureux: $25K the End Target Yves Lamoureux, president and chief behavioral strategist of macroeconomic research firm Lamoureux & Co., wrote a piece that was featured in

    Bitcoin Will Be Worth $25,000 or More – Financial Analyst

    | 2017/02/11 11:00 am