Tag Archives: bitcoins

Bitcoin’s Biggest Rival Ethereum Just Crossed A Record High Value Of $700 And Is Still Rising

Ethereum is the second largest cryptocurrency in the world, and it’s been gaining increasingly more attention as Bitcoin newbies and veterans alike look to other more attainable coins.  Now, Ethereum is trading at close to $700, a 20 percent increase in just 24 hours.  Of note here is that Ethereum was about on par with […]

Bitcoin’s digital rival ethereum proves its worth with record high | Business

Bitcoin was trading at £17,482.42 last nightDAN KITWOOD/GETTY Ethereum gave its bigger rival bitcoin a run for its money yesterday as the second most popular cryptocurrency rose by 31.5 per cent in value to set a record of $623.07. The value of bitcoin dipped yesterday from the highs of Monday as investors took a breather […]

Bitcoin’s price is now $11,000

Image: Shutterstock / Slavko Sereda By Stan Schroeder2017-11-29 13:10:02 UTC These days, there’s just no stopping Bitcoin.  Just one day after crossing the important psychological barrier of $10,000 per bitcoin, the price rose another 10 percent. Bitcoin was currently trading at $11,153 as of Wednesday morning, according to CoinMarketCap.  The cryptocurrency’s price growth appears to […]

Bitcoin’s Biggest Competitor Isn’t Ethereum — It’s This — The Motley Fool

To borrow and modify a catchphrase from sports commentator Dan Patrick: “You can’t stop cryptocurrencies, you can only hope to contain them.” Since the year began, the aggregate value of all cryptocurrencies combined has surged from $17.7 billion to a fresh all-time high of $305 billion, as of Nov. 27. In less than 11 months’ […]

Bitcoin’s rival Ethereum hits all-time HIGH of $414.76 | City & Business | Finance

The rise this Thanksgiving weekend broke the previous record high of $414.76, a peak which the digital currency reached in June this year.  The currency now has a total market value of more than $40 billion with Ethereum co-founder Vitalik Buterin now sitting on a pot of code worth an estimated $200 million. Ether, the […]

This Cryptocurrency Miner Says It Solved Bitcoin’s Power Problem

By November 16, 2017, 9:48 AM EST A green-energy startup says it can solve bitcoin’s surging electricity consumption without boosting pollution, an issue threatening to halt the meteoric rise of the virtual currency. Austria’s HydroMiner GmbH raised $2.8 million after closing its first initial coin offering on Wednesday, according to its website. The cash will […]

Bitcoin’s Split Personality Problem May Pop the Bubble

Bitcoin’s breakups could come back to bite the digital currency. They may already be nibbling. The biggest problem is bitcoin’s theoretical 21 million limit. By my math, 20.3 million bitcoins are already in existence. What’s more, the maximum limit by my count is now 25.5 million and climbing. That’s an enormous issue for a currency […]

Bitcoin’s High Transaction Fees Show Its Limits

The Bitcoin rate spike, still alive despite bitter divisions in the community that supports the cryptocurrency, has laid bare the biggest problem with Bitcoin: Compared with fiat currencies, it’s painfully inconvenient and expensive to use as a means of payment.  Bitcoin is set up to reward users for verifying transactions. Miners who package transactions into “blocks” receive […]

Bottom in Place? Bitcoin’s Price Needs to Consolidate Gains

Bitcoin’s price is holding its ground so far today. As of writing, the world’s largest cryptocurrency by market capitalization is changing hands for $6,495, as per the CoinDesk Bitcoin Price Index. According to CoinMarketCap, the bitcoin-U.S. dollar (BTC/USD) exchange rate has dropped by 1.74 percent in the last 24 hours. Still, the small decrease hides the […]

Think bitcoin’s getting expensive? Try Zimbabwe

HARARE (Reuters) – For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion. FILE PHOTO: People queue to withdraw money from a bank in Harare, Zimbabwe’s capital, March 8, 2017. REUTERS/Philimon Bulawayo/File Photo […]

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