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
Crypto news in brief (January 28, 2018): Coincheck, Robinhood, Katy Perry
About $500 million worth of XEM was stolen from Coincheck. Robinhood will provide access to cryptocurrency trading. Katy Perry shares cryptocurrency nail art. … [Read more...] about Crypto news in brief (January 28, 2018): Coincheck, Robinhood, Katy Perry
Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Nordea forbids employees from investing in cryptocurrencies. Japanese bitcoin exchange bitFlyer comes to Europe. South Korea bans anonymous cryptocurrency trading. … [Read more...] about Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Crypto news in brief (January 18, 2017): Visa, Belarus, Mavericks
Visa CEO Alfred Kelly said he doesn't support bitcoin payments. Cryptocurrency legalization in Belarus will come into effect on March 28, 2018. NBA team Mavericks will sell tickets for bitcoin. … [Read more...] about Crypto news in brief (January 18, 2017): Visa, Belarus, Mavericks