Bitcoin’s increasing transaction costs have scared many people and pulled everyone’s attention. Everyone that is interested in cryptocurrencies is currently aware of Bitcoin’s heavy fees averaging at 20$ and more. This has become mainstream news and brought up some serious questions for Bitcoin’s future
Yes, you read well. Bitcoin could reach $1,000 this year after losing 90% of its value, according to Peter Boockvar, Chief Investment Officer at Bleakley Advisory Group. Bitcoin (BTC) could be playing an important role for a long time only if its price drops significantly.
With the fall of cryptocurrencies and their sluggish growth in early 2018 has come the ever increasing moans and warnings about the crypto bubble getting ready to finally lose its gas and then “poof”, be no more. Goldman Sachs has definitely not left itself out in the speculating/warning and forecasting of the worst that could […]
The HMRC is at the risk of losing millions in taxes to cryptocurrency investors. The Treasury may lose several million so pounds due to a tax loophole that was created during the cryptocurrency bull run during the last quarter of last year. This loophole according to an HRMC spokesperson is a huge one. The “backdoor” […]
What Has the Futures Market Done to Bitcoin? As many of you are aware, the CBOE and CME Group launched Bitcoin futures on December 10th and December 17th respectively. This was the beginning of a new step for Bitcoin as it is now publically traded through futures. Although the futures contracts are set up […]
When Satoshi Nakamoto decided to introduce the world to a new medium of transacting money, called cryptocurrency, he had one motivation; decentralisation. This is mostly captured in statements similar to this “a monetary system that doesn’t need any central authority like a government to oversee it”. That said, one would deduce that any mention of […]