A crackdown on organized crime by Bulgarian law enforcement in May resulted in the seizure of more than 200,000 bitcoins – an amount worth more than $3 billion at today's prices. According to a press release dated May 19 from the Southeast European Law Enforcement Center (SELEC), a regional...
The US Patent and Trademark Office (USPTO) has awarded a patent to the proposed digital currency exchange system filed by the country’s second-biggest bank, Bank of America. The system will allow the conversion of one virtual currency into another automatically, with the exchange rate to be determined based...
Today Bitcoin surged past the $14,000 level, topping out at $14,400 for a $2,500 gain in a single day. This makes today the largest one-day gain in the history of the currency. To put it in perspective, today Bitcoin’s price increased by more twice as much as it’s...
It's in the name: cryptocurrency is mainly about privacy of data, and decentralized money systems raise a lot of issues about keeping transactions safe and private. High profile incidents such as Mt. Gox’s collapse and authorities tracking/seizing crypto savings of private individuals have highlighted this. While these negatives...
For those who are already in the milieu of digital card gaming and trading, the fact that it is a high-potential multi-billion dollar industry is not news. This is especially true for early adopters and enthusiasts who have been involved in this since Collectible Card Games (CCGs) first...
The price for MIOTA, the cryptocurrency for the IOTA platform, has exploded over the past week, gaining massive value and surpassing Ripple to take the #4 spot among cryptocurrency market caps. The price explosion has come on the news of a major agreement being signed with Microsoft, Fujitsu,...
The Commodities King, Dennis Gartman, continues to say that he will not buy Bitcoin, in spite of recent news that the cryptocurrency has been approved for futures trading on a number of exchanges. Speaking on ‘Fast Money,’ Gartman reiterated his view that Bitcoin is in a ‘tulip mania’...
Sitting with a price tag of £5.3 mln, 13-acres of a Caribbean island is up for sale, but it would mean you have to shell out just over 570 BTC as the sellers are adding to the Bitcoin adoption narrative stating they will only accept cryptocurrency for the...
Generally, joy and optimism are awaiting the new market players that will join the Bitcoin realm, their pockets full of fresh cash to invest and add to the demand, when futures are traded by CME and CBOE on Dec. 10 and 18.The news from CME even sent Bitcoin...
As Bitcoin destroyed the $12,000 level earlier today, many pundits and analysts looked for answers for why. The solution may not be in anything about the cryptocurrency, but more about the newest nominee to the Federal Reserve (Fed), Marvin Goodfriend.Goodfriend has been hailed both as a visionary and...