Search Results for: Coinbase
Price of bitcoin falls below cost to mine
December 17th, 2018
To add further misery to bitcoin enthusiasts, the act of finding or “mining” the cryptocurrency has become unprofitable as the price continues to crater. This raises further questions about the viability of the accounting system supporting the cryptocurrency. The ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone
October 29th, 2018
A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “ no more funds to pay anyone back.” In the way of an explanation, the ...
The people who got burned by the Bitcoin boom
August 23rd, 2018
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the US$23,000 ($34,638) he invested in several digital tokens ...
Billionaire Marc Lasry sees bitcoin reaching up to $40,000
July 19th, 2018
The price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade, billionaire investor Marc Lasry told CNBC on Wednesday. “As it gets more into the mainstream, and as more markets end up ...
5 Tips to Buying Bitcoin in Canada
June 4th, 2018
With over a million dollars’ worth of volume bought and sold every day, Bitcoin remains one of the hottest digital assets traded by millions of speculators from all over the world. Backed by the power of blockchain technology, cryptocurrencies ...
Bitcoin makes a comeback
April 13th, 2018
Tax selling was the culprit behind this year’s massive bitcoin sell-offs, Spencer Bogart, a partner at Blockchain Capital, told CNBC. “People realized way more tax gains in 2017 than they expected to,” Bogart said Thursday on “Fast Money.” “And ...
How to choose the best bitcoin or cryptocurrency exchange
March 1st, 2018
During the bitcoin frenzy at the end of December, Coinbase, one of the premier exchanges, halted trading briefly due to crushing volume as prices plunged. Many of Coinbase’s competitors also have suffered growing pains as digital money grows ever ...
Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are faring even worse
January 17th, 2018
Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market. All of the top 20 digital currencies — by market ...
Cryptocurrency Market Suffers Another Major Correction as Bitcoin, Ether, Ripple Fall
January 15th, 2018
The cryptocurrency market experienced yet another major correction for the second time this week, as the price of both major and small cryptocurrencies fell by large margins. Cryptocurrency Market Endures Large Correction On January 12, almost immediately after South ...
