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On the backdrop of recent developments concerning the status and the future of cryptocurrencies in India, Bitcoin has been dragged into a political scandal between the country’s two major parties. We’ve covered the story in today’s Bitcoin in

Also in the daily, check the details around some BCH-related projects and services, as well as the latest incarnations of the blockchain technology. However, he also quoted local press mentioning figures of up to 88,000 crore rupees, close to 13 billion USD. дальше »

2018-7-7 16:12


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […] дальше »

2018-7-7 23:43


How Bitcoin’s Reputation Differs From The Whole Cryptocurrency Market

How Can Bitcoin Restore Its Reputation Around the World? Bitcoin has been able to grow and expand in many different countries. The economy is starting to see the influence of these new cryptocurrencies, but several individuals do not trust them, or believe that they are used solely for criminal activities. But how would it be […] дальше »

2018-7-5 21:07


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Bitcoin May Bounce from $3k to $50k This Year, Says BitMEX Co-founder

BitMEX co-founder Arthur Hayes has once again reiterated his prediction that the price of Bitcoin will reach $50,000 by the end of the year — but maybe not before exploring lows around $3,000. ‘One Positive Regulatory Decision Away’ Arthur Hayes, co-founder of cryptocurrency trading platform BitMEX, has doubled down on his year-end prediction for bitcoin late last week, telling CNBC’s “Fast Money” that the market leader will hit $50,000 before the year is through — but Read More The post Bitcoin May Bounce from $3k to $50k This Year, Says BitMEX Co-founder appeared first on Bitcoinist.com. дальше »

2018-7-2 13:00


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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners

Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners.   Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output. дальше »

2018-7-1 19:00


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3 Reasons Bitcoin is Singing the Blues

The price of Bitcoin has been resting at around $6,000 recently — a disappointing 2018 low point. With so much talk and news coming out about cryptocurrency, many dejected investors are wondering ‘What is holding Bitcoin back?’ ‘Chain Gang Blues’ Bitcoin has had many great upgrades recently, especially with the addition of the Lightning Network earlier this year. дальше »

2018-7-1 04:00