The People’s Bank of China (PBoC) has already asked Bitcoin exchanges in the country to put in place a fee system for trading. This crypto currency is gradually becoming an emerging force in the world market especially China. Numerous investors and traders are convinced that the Chinese dominated more than 90 percent of the International…

Bitcoin markets took off after having shaken part of the negativity surrounding bitcoin’s price. BTC/USD rates broke through resistance at $1200 levels and even traded above such levels for brief periods of time through the day. Yet, profit taking had sufficient pressure to push bitcoin prices back down to $1190 levels, where the price has…

  Bitcoin miners in China have allegedly joined together against Segregated Witness or SegWit. This was reported in 2016 by Phil Potter, a Bitcoin developer and Bitfinex chief security officer. In fact, there were attempts by the Chinese bureaucracy to delay or oppose the crypto currency. According to Mr. Potter, proponents of Bitcoin need to communicate…

With bitcoin becoming considerably more popular as each day goes by, there are still numerous terms that digital currency users or those who are interested in learning more about Bitcoin still do not know. A relevant example in this direction would be a cryptographic hash function, which is a term that bitcoin users often hear. With…

During the last couple of months, the popularity of blockchain technology has grown considerably, with numerous financial institutions and technology companies actively researching ways in which the blockchain network could be implemented to increase security and speed while decreasing the costs associated with the services being offered. Numerous advancements in the public ledger technology carried out…

Bitcoin markets are going through a recovery phase following a trading session through which selling pressure continued to push prices down. BTC/USD rates went on to trade above $1080 levels but the price has since settled slightly below $1080. This a recovery following a downfall down to $1030 levels. Major Signals Whilst trading volumes are…

  Start-up enterprises identified industries where the Blockchain platform can have effective use because of its decentralized network and distributed ledger technology (DLT). It enables safe transfer and storage of information as well other digital assets. These sectors include financial services; cyber security; cloud computing; supply chain management; healthcare; land title registration; electronic voting; and, disaster relief.…

Bitcoin’s price seems to be entering a transitional period as the bullish rising experienced throughout past trading sessions is now in decline. Selling pressure is becoming more apparent while sell orders are for once outweighing buying pressure. Whilst the market didn’t end up into a more widespread sell off, its sentiment has certainly taken a…

The Bitcoin Investment Trust (BIT) issues the Bitcoin Exchange Trade Fund (ETF). BTI invests exclusively on Bitcoin and launched operations in September of 2013. This ETF (BIT share) trades like a common stock. It may be purchased and sold by private individuals. Each GBTC (first publicly-traded fund for Bitcoin) share (Bitcoin ETF unit) stands for…

One of the largest sell orders was filled through the span of the last trading session. The large size of the sell order in question did manage to cause a drop in BTC/USD rates, but the response of the markets was sufficient to prevent the price from dropping further. However, it’d be safe to say…