Bitcoin Price May Shoot Up Anytime With Less Than 4 Million Coins Available for Mining
May09

Bitcoin Price May Shoot Up Anytime With Less Than 4 Million Coins Available for Mining

The flow of conflicting opinions on the future of Bitcoin does not seem to be drying up. Though many of these assessments have been based on just gut feeling or even wishful thinking, one new report claims the BTC prices may actually shoot up in the coming months. The logic behind this prediction is that there are only 4 million coins that could be possibly mined out of the 21 million. The Prediction Explained The source making this...

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Bitcoins Worth Well Over $140 Million Transferred Out of Mt. Gox Wallet
May07

Bitcoins Worth Well Over $140 Million Transferred Out of Mt. Gox Wallet

Many people may have forgotten Mt. Gox by now. It was a cryptocurrency exchange operating out of Tokyo, Japan, before it got hacked and the exchange collapsed. But now it’s back in the news since there are reports of a movement of 16,000 Bitcoins (BTC) valued at around $140 million from different wallets leaving zero balance in their accounts. Hundreds of people lost their deposits four years ago and the case is still ongoing in Tokyo...

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Bitcoin Bubble – What You Need to Know
Apr23

Bitcoin Bubble – What You Need to Know

According to economic definitions, a rapid escalation in asset prices ensued by a subsequent contraction is known as a “Bubble.” It comes after irrational, exuberant speculation shoots an asset’s prices high above what anyone would value it at. As a result, investors stop purchasing the asset, leading to a quick, massive sell-off. Bitcoin has been at the center of major price surges and subsequent contractions in the past six months....

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$3.3 Million Worth of Bitcoin Stolen from Indian Exchange Coinsecure
Apr19

$3.3 Million Worth of Bitcoin Stolen from Indian Exchange Coinsecure

One of India’s most prominent digital currency exchanges, Coinsecure, recently confirmed a heist in which they lost 438 Bitcoins valued at around $3.3 million. Mohit Kalra, the CEO of Coinsecure, suspects that Chief Strategy Officer Amitabh Saxena stole the missing funds from the exchange’s central wallet. The company reported this incident soon after a number of customers complained about difficulties while trying to withdraw funds....

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Coinbase Adding Withdrawal Support for Bitcoin Forks
Apr15

Coinbase Adding Withdrawal Support for Bitcoin Forks

In an official statement, Coinbase has revealed its imminent plan to support the withdrawal of Bitcoin hard-forks in all its products. This new addition is set to facilitate the easy withdrawal of any Bitcoin fork-related assets on any Coinbase product. In their declaration, the firm was however quick to stipulate that for the time being, they were not going to announce support for any particular assets. Moreover, Coinbase also went...

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Bitcoin Fell 50% in the 1st Quarter of 2018
Apr15

Bitcoin Fell 50% in the 1st Quarter of 2018

In the first quarterly report of 2018, Bitcoin (BTC) dropped by 50 percent to mark its worst Q1 performance ever recorded. Looking at the performance of Bitcoin stretching back to 2013, it is interesting to note that the cryptocurrency has seldom experienced any gains during the subsequent yearly first quarters. This year’s decline ought not to be surprising especially considering that Bitcoin did experience an unexpected surge to an...

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