Elon Musk Tweets About Bitcoin and People are Losing It

It all started with a tweet by Tesla’s CEO Elon Musk. i🖤anime — Elon Musk (@elonmusk) October 22, 2018 I know, you’re probably wondering, “what does this have to do with Bitcoin?” Let me get to that. Elon Musk and Bitcoin After the anime tweet, a user asked the tech entrepreneur when two-factor authentication would be applied to Tesla accounts, and Musk responded with this tweet. Wanna buy some Bitcoin? 😉😉 pic.twitter.com/9ZbBJ5fuVq — Elon Musk (@elonmusk) October 22, 2018 Immediately after the tweet, Twitter locked Musk’s account after thinking his…

India’s Largest Bitcoin Exchange, Zebpay, Relocates to Malta

Zebpay, India’s largest cryptocurrency exchange, is heading for Malta! Following in the footsteps of major platforms Binance and OKEx, the exchange has had no choice but to move its operations to the ‘blockchain island’ amid strict regulations in India. Zebpay Moves to Malta The exchange shut down its operations in India last month, due to strict regulations issued by the Reserve Bank of India (RBI) in April. The RBI dictated that banks cease business with any firms relative to cryptocurrency. As such, Zebpay was forced to disable Indian Rupee deposits…

Small Bitcoin Fee: Only 10 Cents for $194 Million on the Bitcoin Network

According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments? Small Bitcoin Fee Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because…

Bitcoin Price: BTC Skyrockets Nearly 10% and Pulls Rest of the Crypto Market Back into the Green

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green. Bitcoin Price Movement Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500. According to CoinMarketCap, Bitcoin (BTC) is trading at…

Cryptocurrency Sell-Off: Bitcoin (BTC) Plummets and Market Follows Suit

The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since. Cryptocurrency Sell-Off According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,264.43 a coin, down -4.63%. Most of the cryptocurrency market has followed Bitcoin’s spiral, and most coins in the top 15 cryptocurrencies by their total market cap are seeing double-digit percentage losses. Ethereum (ETH) is currently trading at $201.10 a coin, down -11.07%…

Bitcoingambling.io Adds Support for Ethereum, Litecoin, Monero, & Other Cryptos

Bitcoingambling.io, a site that caters to those in the cryptocurrency gaming niche, has officially added support for additional currencies. Sometimes called altcoins or alternative currencies, these coins can provide benefits to the user over using Bitcoin such as faster transaction times or even anonymous spending, as with Monero. The site, founded in 2014, was originally focused on providing resources for individuals looking to gamble online using Bitcoin. However, a lot has changed since then in the world of cryptocurrency, and there are now many other popular cryptocurrencies which both cryptocurrency…

How Restaurants Could Help Bitcoin Growth

Bitcoin is a distributed, worldwide, decentralized, digital money. The advantage of Bitcoin is that there is no central authority like a bank, company, or government issuing Bitcoin. Bitcoin might be intimidating to most restaurant owners because it’s not integrated with most POS systems. For retailers and POS companies, Bitcoin is a better alternative to credit card companies because they charge between three and five percent of each purchase simply to use the service. It costs even more to wire money from one country to another. Here are some of the…

Bitcoin (BTC) Interest and Trading Rising in Venezuela

Venezuela’s economic crisis continues to worsen, despite the president’s controversial attempts to revive his country. The demand for Bitcoin (BTC) and other cryptocurrencies continues to rise this year, as the country’s dollar, the bolivar, continues to drop. Venezuela has hit crisis mode extreme, but can BTC save them? Bitcoin Booming in Venezuela According to Coin Dance, Venezuelan residents’ interest in Bitcoin (BTC) reached its peak in July of this year. Most countries have declined since January of 2018, when the total crypto market hit its all-time high. In December, BTC…

Bitcoin Mining Firm Bitmain Just Filed for an IPO

Bitcoin mining firm Bitmain has just submitted its initial public offering (IPO) with the Stock Exchange in Hong Kong (HKEX). Bitmain is based in Beijing, China. So what’s going on with the Bitmain IPO? Bitmain IPO Bitmain’s long-awaited IPO is still in its draft form and pending further listing hearings from the HKEX. The announcement of Bitmain’s public offering isn’t without controversy though. Bitmain has been weighing an $18 billion IPO, one of the largest in history. Bitmain is one of the world’s most valuable cryptocurrency companies. Back in July, the…

BCH Price Rally: Bitcoin Cash is Up Nearly 30% and is Still Going! What’s Going On?

Hold onto your hats folks! There is a BCH price rally happening right now! But why!? The coin has rallied almost 30% at the time of writing; according to coinmarketcap.com, BCH is currently up 28.94%. Are we seeing a repeat of what Ripple (XRP) accomplished last week? BCH Price Rally: Is Bitmain the Cause? So without a doubt, BCH is the best performing coin on the market right now. Analysts are attributing the BCH price rally to the successful IPO filing of Bitmain with the Stock Exchange of Hong Kong Limited. Mati Greenspan,…