A recent blog post from developers has revealed that bitcoin gold will go live over the coming weekend. The official date and time for this change will be the 12th of November at 7pm UTC. This latest fork in the cryptocurrency was initially planned for the 1st of November. It is being backed mainly by … Read more
The prospect of a controversial upgrade that would see the cryptocurrency split in two has recently caused major disagreements in the bitcoin community. The SegWit2x fork was planned for the middle of November but an increasing number of developers had expressed their concern about it in the last few months. This disagreement has finally led … Read more
Speculation around exactly how high bitcoin prices could go has been fuelled by a note issued by a pair of Goldman Sachs technical analysts. In it, Sheba Jafari and Jack Abramowitz point out that the current signs are that the digital currency may be ready to make another series of price jumps. Indeed, the analysts … Read more
Despite massive price increases in recent times, an investment expert has said that people are still underestimating bitcoin. The person who made this claim is Peter Thiel, who is a billionaire American venture capitalist and investor. He is one of the co-founders of PayPal and previously worked as Chief Executive Officer of the payments firm … Read more
The new hard fork that occurred in bitcoin this week has resulted in the arrival of bitcoin gold. Yet, analysts are still unsure whether this split in the digital currency is a good thing or not. Indeed, following the hard fork the price of bitcoin gold quickly dropped by 66%. The price of the main … Read more
The economic woes suffered in countries such as Zimbabwe and Venezuela have led to people turning to bitcoin as a possible solution. In Zimbabwe, the hyperinflation in 2008 led to the African country using the US dollar as its main currency. However, a chronic lack of dollars means that they can change hands for far … Read more
It is expected that bitcoin transactions will soon be regulated in Australia, as the country’s parliament looks to vote on a new bill that would cover the cryptocurrency in their anti-money laundering and anti-terrorism legislation. AUSTRAC is the name of the financial regulator in Australia that is going to be given the authority to oversee … Read more
With bitcoin prices apparently on the rise again speculation continues around just how high the value of this cryptocurrency could eventually reach. Estimates vary widely but it is clear that the majority of people believe that the cryptocurrency will continue to be a powerful investment in the mid to long term. For instance, the results … Read more
With cryptocurrencies increasingly becoming part of normal life for many people, it appears to be only a matter of time before the first British house is sold in a bitcoin transaction. Indeed, a house in Essex could soon be the very first in the country to be paid for in bitcoin. The Colchester property is … Read more
Many analysts believe that Russia could be the planet’s next big cryptocurrency market. The Russian government is currently encouraging bitcoin mining and appears to be on the way towards introducing regulations for its own cryptocurrency market. Reports suggest that the Russian President Vladimir Putin has given the green light to plans for the CryptoRuble to … Read more