MENUMENU

How does tax liability affect the value of Bitcoin?

  • Crystal Ng
  • 3 Days ago
  • 0
The changes in the value of Bitcoin has been explained by tax burdens. The $20 billion downdrafts in the past two weeks may be because of the selling of $1 billion of Bitcoin. Once again, investors are startled by the sudden fluctuations of the largest cryptocurrency, Bitcoin. Unlike the usual, however, the changes in the […]

Fed’s attempt to control BTC

  • Crystal Ng
  • 1 month ago
  • 0
According to Forbes, people have been making a comparison between bitcoin and gold. They are saying that based on the grounds of these assets being the “safe-haven” or “disaster hedges” when the economy is in recession. However, bitcoin is neither safe nor will its value maintain as the economy goes awry. Cryptocurrency could lose its […]

Why are the cryptocurrencies crashing?

  • Crystal Ng
  • 1 month ago
  • 0
Within the past weekend, Bitcoin has fallen drastically to $7,335.57, at its lowest on Sunday. Fortunately, as CoinDesk conveys, the value of the cryptocurrency gradually recuperated. By Monday afternoon, the value of Bitcoin picked up again returned to an average of $8,585. Although we can never know for certain the reason underlying such change, many […]

Mining Cryptocurrency: The Beginner Course

  • Staff Contributor
  • 1 month ago
  • 0
Hello there! We would like to welcome again to our feature on bitcoin and cryptocurrency in general! In our previous installment, we went over the humble beginnings of Bitcoin and cryptocurrency as it ballooned into the pop culture curiosity it has become. In today’s feature, we will be going over the basics of mining cryptocurrency, one […]

Be Careful with the Cryptocurrency You Invest in

  • Crystal Ng
  • 1 month ago
  • 0
Cryptocurrency has turned a lot of heads in recent years. Despite its original intent to be the future of currency, it has become a promising source of investment for many out there. Cryptocurrency investors are ranging from business professionals to amateurs – thanks to its accessibility. It has become a prospective alternative to other commodities […]

Cryptocurrency mining program Coinhive sparks controversy

  • William Van-Lear Black
  • 7 Months ago
  • 0
Coinhive, a Javascript application that uses website visitors’ computing power to mine cryptocurrency, launched on September 14. Since, the program has generated controversy, as website owners and hackers alike insert it into a number of high-profile websites. Coinhive markets itself as a legitimate way for websites to make money, but does not endorse the use […]

Chinese authorities crackdown on cryptocurrency ICOs

  • William Van-Lear Black
  • 8 Months ago
  • 0
Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs have raised $2.32 billion since the inception of the cryptocurrency market; $2.16 billion of that […]

What is Bitcoin?

  • William Van-Lear Black
  • 8 Months ago
  • 0
Bitcoin is a peer-to-peer digital currency system that uses mathematical formulas (“cryptography”) in lieu of traditional, centralized financial institutions to protect users’ currency and verify and process transactions. The currency was created in 2009 by an unidentified developer or group of developers operating under the alias Satoshi Naskomoto, who wrote this white paper describing the […]

BitCoin’s value surges despite looming scalability challenges

  • William Van-Lear Black
  • 8 Months ago
  • 0
As of 2:18 Eastern Monday, a single bitcoin is worth $4,282—an all time high for the cryptocurrency, invented in 2008. The bitcoin-USD exchange has soared more than 200% this year, as investors in Korea and Japan increasingly seek to buy the cryptocurrency—some such investors are willing to pay premiums of up to 30%—and May’s New York […]