Bitcoin Posts

Bitcoin breaking records as futures trading nears

Bitcoin has been on a roll the past couple of days, as this month will see the launch of bitcoin futures trading with big banks and this, among many other things, has lead to a rapid rise in the price of bitcoin. Cboe and CME recently received permission to offer bitcoin Read more

Bitcoin cash drops the mic

Bitcoin Cash came into being after bitcoin was forked. The fork was due to a change in the block size to 8mb, intended to help reduce payment processing times. However, the block size has been a constant headache for all involved in bitcoin, and there is no right answers and Read more

Segwit2x fork suspended over lack of consensus

CEO of the website BitGo Inc, Mike Belshe, announced in an email that their plans for the Segwit2x hard fork of bitcoin have been suspended. This is due to lack of consensus and fears that it will leave the community divided. Unfortunately, it is clear that we have not built Read more

Bitcoin has hit $100 billion market cap

Bitcoin has had huge growth over the last few months and with that, has hit a record high price of over $6,500. It's now pushing a $100 billion market cap and is going from strength to strength. Each time a country bans the bitcoin, moves to replace it or a Read more

Bitcoin Gold is bringing GPU mining back

Bitcoin has hard forked once again. First, came Bitcoin Cash (BTC) in August and now there's a new fork, Bitcoin Gold (BTG). The strong focus of Bitcoin Gold is to allow regular gaming GPU cards to be rewarded for mining. This differs from Bitcoin with its SHA-256 algorithm which is Read more

Ethereum slumps as others thrive

Vitalik Butler, the co-founder of Ethereum, announced the recent success of the anticipated hard fork of Ethereum, known as Byzantium. However, the price of Ether has sunk to a one month low of $275, even with the improved privacy (pioneered by Zcash) and enhanced usability, that the Byzantium fork has bought to the Read more

Julian Assange thankful to US Government over bitcoin profits

Julian Assange, the founder of Wikileaks, paid thanks via Twitter to all who had been involved in the mass banking block towards WikiLeaks' funding and donations, including the US government. The block forced them to seek alternative currencies and income, in this case, bitcoin, which has led to an unprecedented Read more

Russia goes crypto with state issued CryptoRuble

Russian president Vladimir Putin has moved for the creation of a cryptocurrency named CryptoRuble. While reports on this are scarce, the idea of it being decentralized, like bitcoin, is looking grim. Even though it will be based on the blockchain it will  be not be mined like traditional cryptocurrencies, but instead will Read more

Goldman Sachs CEO mulling over Bitcoin

Wall Street investment bank Goldman Sachs's CEO, Lloyd Blankfein, has expressed a neutral position over the recently rumblings about Goldman Sachs launching their own over the counter bitcoin trading operation. Still thinking about #Bitcoin. No conclusion - not endorsing/rejecting. Know that folks also were skeptical when paper money displaced gold. — Lloyd Read more

Bitcoin to face another split come November

Bitcoin has gone from strength to strength since it’s inception in 2009. Even with China’s might, they have barely caused a road bump to the dominance of bitcoin. However, a raging disagreement between core developers, miners and the community alike over an issue with the block size being set to Read more