Having a television that can double up as a mining rig seems like something out of a sci-fi flick. But Bitcoin Mining Giant, Canaan, has pulled this off and is offering its consumers a personal mining rig in the comfort of their homes. First Computers, Then Smartphones, Now Television Bitcoin Mining World’s second largest manufacturer of Bitcoin mining rigs, Canaan Creative, is setting new records as it unveils the world’s first Bitcoin mining television. The tv, called AvalonMiner Inside, is equipped with a built-in Bitcoin mining chip, with Android compatibility for mobile control. AvalonMiner Inside has a processing power of […]
Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency.
The U.S. Federal Trade Commission warns consumers about blackmailing scams involving Bitcoin. This content was originally published here.
Bitcoin logo is seen on a mobile phone. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images) Bitcoin and other major cryptocurrencies could have turned a corner after a bruising nine months that has seen bitcoin lose some 60% of its value, while the likes of ethereum, ripple, bitcoin cash, EOS, and litecoin have seen even bigger declines. That's the opinion of former macro hedge fund manager Michael Novogratz, who has said the bitcoin price sell-off has hit its bottom and that many major cryptocurrencies are about to bounce back. Speaking at Yahoo Finance’s second annual All Markets Summit in New York yesterday Novogratz pointed to [...]
In the digital currency space, it’s common for many coins and tokens to move in similar patterns. When bitcoin (BTC), the largest by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it’s likely that other players in the space will drop at the same time. In recent weeks, as many cryptocurrencies have fallen even further in what has already been a tough year so far, this pattern has held. However, as a report by Zycrypto.com indicates, something interesting has been happening: and other altcoins have been hit harder than bitcoin, overall. […]
Bitcoin is fast losing its shine, and the momentum of the down move risks causing widespread panic, says at least one analyst. After holding at $6,000 over the weekend, that support line for the No.1 digital currency finally gave way late Monday, sending it to $5,900.38. That’s the lowest level since June 29 and inches away from making a new low for 2018. The August slump has shed more than $70 billion of the total value of cryptocurrencies, which has reached a nine-month low of $191 billion. “We are seeing fear-based selling pushing the market lower at the moment,” said […]
In 2018, there have been over ten separate applications to introduce bitcoin ETFs, which would represent a market first. Photo credit: Shutterstock The ease to which investments can be made in an asset class seems a leading indicator of maturation. As investors are afforded more accessible avenues to market exposure, there is a greater encouragement of new capital inflow. This seems universally relevant, but can be spotlighted in the current context of the cryptocurrency industry. Over the past months, there has been increased attention on whether traditional financial products backed by digital currencies will be introduced as a means of expanding [...]
–Bitcoin news, price, information & analysis BitcoinOpinion U.S. Regulatory Clarity Should Aid New Bitcoin ETF Application tim copeland | | Bitcoin U.S. Regulatory Clarity Should Aid New Bitcoin ETF Application tim copeland | | notice of filing was issued by the SEC asking for comments on the application. The ETF will only trade SolidX Bitcoin Shares and one share will equal 25 Bitcoin. If the application goes through, it will start trading in Q1 2019. The SEC has previously received two applications from the VanEck SolidX Bitcoin Trust and has, in March 2017, rejected an application by the Winklevoss Twins […]