Bitcoin News (press release) Crypto Mining ”More Profitable Than Drugs and Arms Trafficking” in Russia Bitcoin News (press release) Russian media has conducted interviews with several representatives of the country's bitcoin mining industry. The investigation has provided unique insights into an expansive industry that penetrates all levels of Russian society, ranging “from ...
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Invest on DIMPAY.io with a bonus of 5% (15% if you pay with XEM). This is a last chance to invest before the listing on the exchange on 18th December 2017. The DIM Ecosystem has expanded further with the launch of DIMPAY, an instant, borderless and decentralized payment system based on NEM blockchain technology. DIMPAY aims to facilitate cashless transactions for consumers and merchants, along with providing a potential financial solution for the 2 billion individuals worldwide without access to bank accounts. DIMPAY is specifically developed to facilitate the generating of invoices, tracking of inventory, making payments and much more. The use of DIMPAY will eliminate numerous paym..
CNBC Bitcoin jumps 13%, still down sharply for the week CNBC Bitcoin surged about 13 percent on Friday, but was still on track for a big weekly loss during a tumultuous period of trading. The cryptocurrency fell as low as $2,951.15 Friday, its lowest level since early August, before rebounding to $3..
Forbes Big Governments Won't Kill Bitcoin Or Uber Forbes Big governments and the institutions that align behind them -- big banks and big unions -- have scaled up the campaign against Bitcoin and Uber recently. Russia has been added to the list of countries that are trying to limit the spread of Bitcoin, as ...
MarketWatch Bitcoin needs to be worth $1000000 to be a legitimate currency MarketWatch Think bitcoin is in bubble territory? You ain't seen nothing yet, says one cryptocurrency expert, who believes its value needs to surge by about 300 times over the next several years to be considered a legiti..
Twenty-four hours ago the decentralized cryptocurrency bitcoin and its US$300Bn market capitalization just surpassed the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $291Bn). Also read: Cayman Investment Forum Focuses on Rise of Bitcoin and Failing Dollar Bitcoin’s Market Valuation Outpaces the IMF’s Special Drawing Rights Reserves Bitcoin’s value has grown immensely in 2017 outperforming nearly every world currency, stock, and commodity this year. With a global average of over $18,000 per BTC and a $300Bn+ market valuation bitcoin has surpassed the IMF’s international reserve assets ($291Bn). The SDR is comprised of a ‘basket of legal tender’ from five nation-states. The value of the SDR, also known as XDRs, is based off a percentage of Chinese renminbi, U.S. dollar, the Japanese yen, the euro, and the British pound sterling. The SDR was created in 1969 using the Bretton Woods exchange system, and before 1973 it contained the value of 0.8 grams of gold. Th..
Forbes Bitcoin Prices Surge More Than 25% As Cryptocurrencies Recover Forbes Bitcoin prices rose more than 25% today, climbing higher after suffering a sharp sell-off over the last few days. The digital currency surged to as much as $3,747.73 during the session, after plunging to $2,951.15 earlier i..
MarketWatch Why bitcoin may be worth only a third of its value MarketWatch Viewing bitcoin as a currency makes it possible, at least in theory, to come up with a long-term exchange rate by using the quantity theory of money. The formula is: MV = PT, where money supply multiplied by its velocity equa..
This past week there’s been many rumors that Chinese cryptocurrency trading platforms would be shutting down shortly due to regulatory concerns. Now the China-based exchange BTCC has announced it will be shutting down operations on September 30. Also read: China to Play a ‘Leading Role’ in Bitcoin’..