Earlier this week, the @Bitcoin Twitter account was suspended and the original owner lost access to the account. At this time, it’s unclear why the owner was stripped of their ownership of the account, but it has since been returned to this pseudonymous individual. The situation with the @Bitcoin Twitter […]
Author: Kyle Torpey
3 Key Factors That Have Pushed Down the Bitcoin Price in 2018
The bitcoin price is down a little over 50 percent so far this year, and everyone wants to know what has caused this massive sell-off up to this point. While it’s often a near-impossible task to pinpoint a single reason for a price decline, there are at least three concrete […]
Bitcoin’s Lightning Network Continues to Grow in the Face of a Declining Cryptoasset Market
It’s been another bad seven days for the bitcoin price (and even worse for most altcoins), but plenty of development work is still going on behind the scenes. Technical developments, such as Bitcoin’s Lightning Network, tend to be better indicators of long-term trends in the market than short-term price swings, […]
Major Tech Companies are Banning Bitcoin and ICO Advertisements
The bitcoin, altcoin, and initial coin offering (ICO) boom continued to falter this week as more tech companies announced new rules regarding advertisements related to the cryptocurrency industry. At this point, pretty much every major tech company (e.g. Facebook, Google, Twitter, Snap) has implemented changes to its ad policies that […]
Bitcoin’s Lightning Network is Now Live! Here’s Why That’s a Big Deal
Bitcoin’s Lightning Network took a giant leap forward this week with the beta release of Lightning Labs’s Lightning Network Daemon (LND). With this software, developers now have the tools to create Lightning apps (lapps) for the average bitcoin user. The release also marks the true beginning of the development of […]
New Funds Launch for Bitcoin and Altcoins as Cryptoassets Go Mainstream
Traditional investors now have a few new options when it comes to investing in bitcoin and some altcoins. Both Coinbase and Grayscale Investments announced the launch of new cryptocurrency-focused funds this week. Through these new funds, it will become much easier for traditional investors to gain access to this new, […]
Bill Gates Bashes Bitcoin, Here’s Why He’s Wrong
The most important topic in the bitcoin space this week has to do with Microsoft founder Bill Gates’s Reddit AMA. During this question and answer session, Gates was asked for his thoughts on cryptocurrencies and shared a rather negative point of view. In general, Gates sees issues with bitcoin and […]
Why Bitfinex and Coinbase’s SegWit Integration is Huge for Bitcoin
The biggest news in the bitcoin space this week has to do with a technical improvement known as Segregated Witness (SegWit). Although the change has been active on the Bitcoin network since last summer, some of the largest companies in the space, such as Coinbase and Bitfinex, are expected to […]
Why a Call for Clarity Is in Order in the Crypto Space
The amount of news coming out of the bitcoin space has calmed down a bit since the recent price correction, but there were still two vitally important stories you have to know about from this week. First, the conversation around the negative effects altcoins made through bitcoin hard forks can […]
Bitcoin vs. Stock Market: The Growing Correlation
After a sharp decline early in the week, bitcoin prices have stabilized around $8,000, and while plenty of market pundits provided supposed reasons for the recent selloff, the most likely explanation is that the market simply got too overheated at the end of 2017. Outside of the price action, there […]