Select Page

Author: Bitcoinist

Governor of Australia’s Central Bank Calls Interest in Bitcoin “Speculative Mania”

While many global financial institutions are slowly climbing on board the Bitcoin train, a few are still not feeling the virtual currency, such as the governor of Australia’s central bank. Bitcoin frenzy is in full swing, as is evident by the launch of futures trading by Cboe and that the total market cap of all cryptocurrency hit half a trillion dollars. More and more global financial firms are becoming active in the crypto world, but

The post Governor of Australia’s Central Bank Calls Interest in Bitcoin “Speculative Mania” appeared first on Bitcoinist.com.

Read More

Banking Bonus Revives Ripple

There is never a dull day in the crypto-sphere, and the altcoins are dominating the action this week. With Litecoin surging to all-time highs of over $340 yesterday and Ethereum making similar moves a few hours ago reaching $660, we are left wondering which coin will be next. Those ‘hodling’ XRP may have been getting that sinking feeling that crypto mania has left them behind. Having recently been relegated from its fourth position in the

The post Banking Bonus Revives Ripple appeared first on Bitcoinist.com.

Read More

Asian Buyers Driving Bitcoin Boom

Another day in Crypto Land, and the charts are swinging once again. Bitcoin has experienced a couple of days of relative calm, climbing only a few hundred dollars this time from $16,500 to $16,800, where it currently trades. Many are beginning to question where the great impetus comes from and what is actually pushing these prices ever higher. According to a report by the Wall Street Journal, traders in Asia are responsible for a lot

The post Asian Buyers Driving Bitcoin Boom appeared first on Bitcoinist.com.

Read More

Paying Salaries in Bitcoin is Becoming Trendy

Several companies are paying their employees’ salaries in Bitcoin. Now that Bitcoin has been accepted as a mainstream financial asset, this trend is likely to gain greater momentum. In parallel, many platforms are offering opportunities to freelancers seeking to get paid in Bitcoin. And, soon, Blocklancer will allow job seekers to earn Ethereum coins. Companies Paying Salaries in Bitcoin Many believe that offering salaries in Bitcoin will make it easier for companies to retain and

The post Paying Salaries in Bitcoin is Becoming Trendy appeared first on Bitcoinist.com.

Read More

US Regulators Issue New Cryptocurrency and ICO Warning

As more and more governments are moving to regulate cryptocurrencies, US regulators have started to warn investors from cryptocurrencies and ICOs.  Is the Bubble Ready to Burst? The cryptocurrency market had a phenomenal bull run this year. As the cryptocurrency industry is constantly improving and innovating, many finance experts believe that the hype behind it is just speculation. Experts believe that the global cryptocurrency market may be in a bubble state, and it might burst

The post US Regulators Issue New Cryptocurrency and ICO Warning appeared first on Bitcoinist.com.

Read More

Three Altcoins Crypto Investors Should Keep an Eye On

Bitcoin has been on the rise for over a year, but what many people aren’t paying attention to are the other coins that are making waves in their own regard. Some have unique features that other coins don’t, and most definitely have a niche that they fulfill. Altcoins and Shitcoins Bitcoin is the clear leader in the cryptocurrency markets. It still holds its first mover advantage, retains around 60% of the total digital currency market

The post Three Altcoins Crypto Investors Should Keep an Eye On appeared first on Bitcoinist.com.

Read More

Cryptocurrency Is Half A Trillion: Joint Market Cap Hits $500 Billion

The overall cryptocurrency market cap has hit $500 billion for the first time in a giant landmark for the phenomenon. 1343 Cryptos, Half A Trillion Dollars Data from Coinmarketcap, which currently tracks Bitcoin and 1342 altcoins in circulation, shows the leap forward in market valuation as multiple cryptocurrencies continue to reach new highs of their own. Ethereum and Litecoin have both posted records in the past 24 hours, $627 and $328 respectively as a new

The post Cryptocurrency Is Half A Trillion: Joint Market Cap Hits $500 Billion appeared first on Bitcoinist.com.

Read More

Coinbase Halts Litecoin And Ethereum Transactions

Coinbase just halted Litecion and Ethereum buy and sell transactions, seemingly driven by the huge volume seen in each over the last twenty-four hours.  Digital wallet company Coinbase just announced on its status page, here, that as of 11:04 PST, Ethereum buys and sells are temporarily disabled. At the same time, the company is reporting that Litecoin buys and sells are temporarily disabled, although this news is delivered by way of a yellow notification bar

The post Coinbase Halts Litecoin And Ethereum Transactions appeared first on Bitcoinist.com.

Read More

In the Battle for Acceptance, has Bitcoin Accomplished What Gold Can’t?

Once upon a time, it would have been absurd to compare bitcoin to gold. One was a new cryptocurrency with little to no adoption, and the other was a precious metal and one-time backer of world currencies. The ensuing years have seen Bitcoin grow to become one of the most precious stores of value, even surpassing that of gold. After nearly two decades of trading in the $350 – $500 range, in 2002 gold bottomed and

The post In the Battle for Acceptance, has Bitcoin Accomplished What Gold Can’t? appeared first on Bitcoinist.com.

Read More

Bitcoin Making Inroads into Popular Culture

As major financial institutions are staring to accept Bitcoin, the cryptocurrency is also making inroads into popular culture via mainstream media programming. Even though Bitcoin came into existence in 2009, it’s a possibility that 2017 will go down as the Year of the Bitcoin. The cryptocurrency has exploded in value since the start of the year, and major financial institutions have finally leapt on board the bandwagon, such as the launch of Bitcoin futures trading.

The post Bitcoin Making Inroads into Popular Culture appeared first on Bitcoinist.com.

Read More

Average Americans Putting Themselves into Debt for Bitcoin

It’s not just seasoned investors hoping to cash in on Bitcoin. Your regular girl, or boy, next door also wants to be a part of this digital currency’s lucrative rise to the top. There’s no denying that Bitcoin fever is gripping the world. Even though it has grown over 1000% in 2017, the most dramatic price surges have happened over the last few weeks, starting with reaching that magical five-figure status. However, Bitcoin’s price is

The post Average Americans Putting Themselves into Debt for Bitcoin appeared first on Bitcoinist.com.

Read More

Media Hyperventilates and Dubs Owner of Bitcoin ATMs the Bitcoin Bandit

In the never-ending cycle of mainstream news casting the worst possible light upon Bitcoin, the owner of a UK Bitcoin ATM company has been dubbed the Bitcoin Bandit due to his criminal past. Mainstream coverage of Bitcoin has always been pretty checkered. While some media outlets undertake responsible journalism to understand what cryptocurrency is and why people are flocking to use it, other outlets prefer to tie Bitcoin to criminal gangs, drug purchases, and money

The post Media Hyperventilates and Dubs Owner of Bitcoin ATMs the Bitcoin Bandit appeared first on Bitcoinist.com.

Read More