Bitcoin

$200 Bln Market Cap, $10 Bln Day Trading: How Far Can Crypto ‘Vortex’ Go?

8 months ago adcity Comments Off on $200 Bln Market Cap, $10 Bln Day Trading: How Far Can Crypto ‘Vortex’ Go?
The trading frenzy following Bitcoin’s push to $7,500 is in full swing with almost $10 bln changing hands in 24 hours. Data from Coinmarketcap shows a combined $9.2 bln flowing through exchanges tracked by the resource since Thursday. The global cryptocurrency market cap is now over $200 bln, a new record, with Bitcoin accounting for Read More

Amazon Sparks Speculation by Buying Three Cryptocurrency-themed Domain Names

8 months ago adcity Comments Off on Amazon Sparks Speculation by Buying Three Cryptocurrency-themed Domain Names
On October 31, Amazon registered three domains related to cryptocurrency, sparking speculation that Amazon may soon begin accepting cryptocurrency. The domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Amazon already owns the “amazonbitcoin.com” domain name. This is not the first time a rumor has circulated that Amazon will accept digital currency. A few weeks ago, there was Read More

Bjork’s Latest Album Available Only With Cryptocurrencies, Shows Adoption

8 months ago adcity Comments Off on Bjork’s Latest Album Available Only With Cryptocurrencies, Shows Adoption
Known for embracing all things edgy, musician Bjork has announced that her latest album, Utopia, will be available for purchase only through cryptocurrencies. The artist will accept Bitcoin, Litecoin, DASH, and AudioCoin. Interestingly, the album cannot be purchased using normal fiat currencies. The move by the musician may seem like a marketing strategy of sorts Read More

New York Preschool Accepts Bitcoin, But Not Credit Cards

8 months ago adcity Comments Off on New York Preschool Accepts Bitcoin, But Not Credit Cards
While Bitcoin sceptics claim that Bitcoin is only used for speculation and has no actual uses, a New York preschool has shown that Bitcoin can be a convenient and successful method of payment. Enquiry from parents In an interview given by Marco Ciocca, the Chairman of The Montessori Schools in Flatiron and SoHo, to Business Read More

Difference Between Price, Value: How to Assess an ICO

8 months ago adcity Comments Off on Difference Between Price, Value: How to Assess an ICO
These are indeed heady days for investors in cryptocurrency, and with fortunes being made (and lost) rapidly, it’s easy to forget the difference between “price” and “value.” Many investors are focusing on the quick flip–they buy the “hottest” ICO and hope to immediately sell for huge profits once the crowdsale is over. There’s nothing wrong Read More

Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction

8 months ago adcity Comments Off on Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction
Bitcoin’s stupendous rally in 2017 has clearly enthused the supporters of Bitcoin. Standpoint Research’s Ronnie Moas, who is one of the most bullish analysts on Bitcoin, has revised his prediction upwards. $7,500 by year end? Oops, we are almost there! Ronnie Moas had surprised observers by his bold prediction in July 2007 that Bitcoin could Read More

Iranian Government Plans New Infrastructure for Bitcoin Users

9 months ago adcity Comments Off on Iranian Government Plans New Infrastructure for Bitcoin Users
In positive news for Bitcoin users, the Iranian government plans to implement a new infrastructure for Bitcoin users in Iran. Tensions between Iran and the US Bitcoin is known to start with countries in the west and as the tension rise between Iran and the US, the former is strategizing to incorporate Bitcoin into its Read More

Argentina’s Biggest Futures Market to Add Bitcoin

9 months ago adcity Comments Off on Argentina’s Biggest Futures Market to Add Bitcoin
The largest futures market in Argentina, the Mercado de Termino de Rosario (called Rofex) is considering offering Bitcoin futures to its clients, according to Bloomberg. The move comes as the country literally embraces the cryptocurrency in every sector due to the massive rise in inflation – termed bitcoinization. While the futures potential in Argentina is Read More

Bitcoin Exchange Coinbase adds 100,000 users in 24 hrs, Shows Surging Interest in Crypto

9 months ago adcity Comments Off on Bitcoin Exchange Coinbase adds 100,000 users in 24 hrs, Shows Surging Interest in Crypto
The announcement by CME that it plans to launch Bitcoin futures has resulted in a spike in interest across the world. Coinbase, the world’s largest Bitcoin exchange, has added 100,000 new users in the 24 hours past the announcement. Why Coinbase matters Coinbase is a popular exchange to buy Bitcoins with 11.9 mln users supported Read More

$7,410: South Korean Investors are Trading Bitcoin on a High Premium

9 months ago adcity Comments Off on $7,410: South Korean Investors are Trading Bitcoin on a High Premium
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. On November 2, the price of bitcoin has surpassed 82.5 million Korean won, or $7,410, in South Korea, one of the most liquid bitcoin markets within the global cryptocurrency market, due to the rapidly increasing demand from local investors, when bitcoin was Read More