Archives for September 2017

Bitcoin on the rise, surpasses $4000

After the China ICO ban and mass closure of all exchanges in the secretive Asian country, Bitcoin seems to have regained it's past glory, getting up to a good start; with the crypto edging past $4000, all seems to be going well with Bitcoin, after having an emotional season, Bitcoin is edging to the magic number of $5,000. Already forecasters are predicting things to be going strong with one … [Read more...]

Luno Now Expands To 35 New Markets

  Popular Bitcoin Exchange wallet Luno, who's headquarters is in London has expanded to 35 new markets across the world. The popular Wallet company made this announcement via the website, and were quoted as saying 'We are excited to announce the launch of Luno across several new European markets. This means people from 40 countries around the world can now easily buy, sell and store … [Read more...]

My Take On Bitcoin: It’s going through an emotions period

Bitcoin, is going through a hard time, a crisis time which is normal for someone who has a relationship issue with a spouse you'll see the same situation where spouses what some space, that's the same trend with Bitcoin and all other cryptocurrencies including Ethereum which went dip for $264.65 on this day. So why is Bitcoin going through a crisis during this period ? The simple reason is in … [Read more...]

Ethereum founder Vitalik Buterin, Ethereum will surpass Visa transactions in 2 years time

  Ethereum founder Vitalik Buterin was at the Techcrunch Disrupt SF 2017, he was asked about Ethereum, and he was quoted as saying, “You basically need to have some system that keeps track of how much money you have at any given time, how much money you have the right to spend,” Buterin said. “You can very easily do it with centralized servers, but if you want to do it in a … [Read more...]

Japan set to become biggest Crypto Market following China’s clamping down of exchangers

  Japan is set to becoming the new bae in the digicurrency world, with over 50 percent of the global market market share, it looks like Japan is becoming the new wall street market for cryptocurrencies. This may be connected with the clamping down of Chinese exchanges, Last week, the Chinese authorities and financial regulators officially requested Chinese Bitcoin exchanges and trading … [Read more...]

Floyd Money Man Mayweather promotes yet another ICO

Retired Boxing champion, Floyd Mayweather is promoting yet another Initial Coin Offering (ICO) by digital currency startup Centra on September 19, 2017. The 40 year old Boxer posted on his twitter handle the promotion with the caption "Spending bitcoins ethereum and other types of cryptocurrency in Beverly Hill " It will be recalled that government's around the world especially in China are … [Read more...]

BTCChina other Exchangers to go down latest October

China’s second largest cryptocurrency exchange company BTCChina has announced it is shutting down on Sept. 30. In tweets Thursday, the exchange, which also comprises an international arm BTCC, said the move was a direct result of Chinese regulatory statements. Also going down  OKCoi and Huobi are going down, this is connected with China clamping down on exchangers, and stopping ICO's from … [Read more...]

Professor Hanke says Gold still a safe Haven of investment

An American applied economist at the  Johns Hopkins University Professor Steve H. Hanke has stated that Gold has proven to be a safe investment option, he made this known via his twitter handle, he has been vocal in the past over currency boards being adopted. Bitcoin had been on a downward trend following Chinese exchanges getting banned, but rebounded from as low as $2900, to … [Read more...]

Wex Exchange now empowers BTC-e users

  Update: This report is coming late, but better late than never, on record, I want to state, I had money in the BTC-e exchange before it was closed, then I had alot of money in it, I simply drank water that day and forgot about it, why it might surprise you about my reaction? Well the number rule in investing is, be willing to give away part savings or your money that you are … [Read more...]

Someone in the Kremlin doesn’t want a Ban on Cryptocurrencies

  Russian Official Mikhail Abyzov believes cryptocurrencies shouldn't be banned, calling the technology "impossible to ignore." In a recent interview he was quoted as saying, "It is necessary to move from a policy of denial and prohibition to a very accurate, thoughtful state regulation of the turnover of crypto-currencies. I think we should officially recognize them as a financial … [Read more...]