June 20, 2017

European FinTech Giant Klarna Gains Full Banking License

Valued at over $2 billion, Swedish payments startup Klarna has been granted a full banking license from Finansinspektionen, Sweden’s Financial Supervisory Authority. Founded in 2005, Stockholm-based Klarna is now the largest European FinTech company to gain a banking license after filing for one in late […]
June 19, 2017

Chinese Miners Announce Accelerated Development and Activation of Segwit2x

A new agreement has been struck among Chinese Bitcoin exchanges and mining companies representing the majority of Bitcoin’s hashing power. They agree to accelerate the development and activation of the Segwit2x scaling upgrade.   Miners Supporting Segwit2x Segwit2x, also known as the New York Agreement, […]
June 16, 2017

Will Bitcoin and Ethereum’s Price Recover Anytime Soon?

It has been a rough couple days for cryptocurrency traders as the market took a steep dive after hitting all time highs only three days ago. Both Bitcoin’s and Ethereum’s price toppled over 15% causing investors to panic. However, after showing strong support at the […]
June 15, 2017

Morgan Stanley Feels Bitcoin Needs Government Regulation to Properly Thrive

It is rather interesting how banks always rear their head during times of Bitcoin value appreciation. The topic of Bitcoin regulation has always been a touchy subject. It is very difficult, if not impossible, to actively regulate bitcoin itself. Governments can try to regulate service […]
June 14, 2017

Market Instability Causes Bitcoin Price Premiums, China & South Korea Trade at $2,850

There exists a strange correlation between market instability and bitcoin price premiums. In leading bitcoin exchange markets with the exception of the US, bitcoin premiums emerge when bitcoin’s volatility increases. On June 12, bitcoin price achieved a new all-time high at $3,017 as demand from […]
June 13, 2017

Sudden $3,000 Bitcoin Volatility Shakes Altcoin Markets

Bitcoin’s $300 drop and correction within 60 minutes has taken its toll on altcoin markets, with assets reacting to the sudden bout of volatility. As Bitcoin bottomed out at around $2,750 before rebounding to $2,800, according to CoinMarketCap, altcoins in the top 10 showed signs […]
June 13, 2017

Power Struggle Between Bitcoin and Ethereum Continues

he world of cryptocurrency is often full of surprises. Just a few days ago, people were wondering how long it would take until Ether would surpass the US$250 value. That has happened in spectacular fashion, and the currency even hit the US$420 mark at one […]
June 8, 2017

Bitcoin is No Bubble in Climb to $3,000

Bitcoin is moving closer to the $3,000 region after establishing a new all-time high price at $2,933. The global bitcoin exchange market has stabilized significantly over the past few weeks as the big three Chinese exchanges BTCC, Huobi and OKCoin resumed withdrawals for users. Prior […]
June 8, 2017

Bitcoin Used to Buy Stake in Company on the Australian Securities Exchange

The Australian Securities Exchange (ASX) announced on Wednesday that bitcoin will be used to buy a stake in a company listed on its exchange. Blockchain Global Limited (BGL) has agreed to buy a 40% interest in Digitalx, paying partly in bitcoins.   The First Case of […]
June 7, 2017

Bitcoin Price on Track to hit US$3,000, Total Cryptocurrency Market cap Surpasses US$102bn

Things are looking incredibly promising for Bitcoin and the BTC value right now. With the overall cryptocurrency market cap surpassing US$102bn, the fear of missing out is setting in around the world. A lot of consumers and investors want to ensure they make a strategic […]
June 7, 2017

Bitcoin Leads the Charge as Top 10 Cryptos Make Gains

Bitcoin price has risen nearly $300 to the $2800 arena in less than 24 hours sending euphoria through the Satoshi community. Late afternoon on Monday, it crossed the $2600 line and in the early hours of Tuesday, it was already in the current price range. […]
June 6, 2017

Africa is Ripe for Bitcoin and Cryptocurrencies

Cryptocurrencies are gradually being discovered in Africa. In countries like South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there is a semblance of digital currencies, primarily bitcoin, taking roots. These countries have got Exchanges and start-ups in the crypto space, and their businesses are recognizing […]