- 17 million bitcoins have now been mined - The Philippine authorities will allow 10 companies to mine bitcoin, conduct ICOs and operate exchanges in a special economic zone - BBVA becomes the first global financial institution to issue loans using blockchain - Binance adds a new feature of converting 'crypto dust' into BNB - IBM introduces TrustChain, a blockchain … [Read more...] about Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Cryptocurrency investor and Fundstrat Global Advisors co-founder Tom Lee shared his opinion on what cryptocurrency he would put his money in. … [Read more...] about Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Mining becomes almost unprofitable due to erratic BTC price
Fundstrat Global Advisors, a research company, in its report estimates that profits from mining are now mere 6%. … [Read more...] about Mining becomes almost unprofitable due to erratic BTC price
Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery
Tom Lee, former JP Morgan strategist and current partner at Fundstrat Global Advisors, known for his bullish bitcoin forecasts, sees more pain for cryptocurrency before a recovery, writes Bloomberg. … [Read more...] about Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery
Bitcoin, Ether, Ripple, Litecoin, Dash, IOTA – what stands behind each cryptocurrency
After shooting up and then dropping at a free-fall speed, Bitcoin has experienced a ride akin to a roller coaster. The investors and other people alike have been wondering how much of it is a bubble and if there is future in dozens of cryptocurrencies traded on the market. … [Read more...] about Bitcoin, Ether, Ripple, Litecoin, Dash, IOTA – what stands behind each cryptocurrency
Energy consumption for bitcoin mining in Iceland is expected to double in 2018
This year the energy consumption for mining bitcoin is expected to surpass energy consumption for powering all households in Iceland. … [Read more...] about Energy consumption for bitcoin mining in Iceland is expected to double in 2018
Winklevoss twins disagree with 60-80-year-old bitcoin critics
During the past several months investment gurus like Warren Buffett and J.P. Morgan Chase CEO Jamie Dimon fanned out their skepticism about cryptocurrencies. … [Read more...] about Winklevoss twins disagree with 60-80-year-old bitcoin critics
Major banks halt bitcoin purchases for its credit card customers
Following major US banks Lloyds Banking Group has banned bitcoin purchase using its credit cards, reports The Guardian. This is the first bank to impose such a restriction in the UK. … [Read more...] about Major banks halt bitcoin purchases for its credit card customers