Bitcoin Continues to Bite Dust, falls Below $7000

Bitcoin's price falls Below $7000. World’s most popular cryptocurrency Bitcoin crashed more than 15% on Monday to slump to almost three month low. This is probably the first time that bitcoin’s value declined in double-digit ever since its slide began from the beginning of this New Year. Monday’s crash also comes amid global clampdown on bitcoin…

ByGirish ShettiFebruary 6, 20180Comments

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Facebook Imposes Ban on ads on Cryptocurrencies and Initial Coin Offerings

Facebook announces ban on ads on Cryptocurrencies and Initial Coin Offerings. Social media giant Facebook on Tuesday announced that it will ban all advertisements related to Cryptocurrencies and initial coin offerings. With this ban, Facebook has joined the global crusade to rein on the cryptocurrency trading. The announcement was made by Rob Leathern, product management director…

ByGirish ShettiJanuary 31, 20180Comments

News

Indian Government Issues Stringent Warning Against Bitcoin Trading, Compares it to Ponzi Schemes

Indian Government Issues Stringent Warning Against Bitcoin Trading The Indian government on Friday issued a stringent warning to all those investors who are investing unhesitatingly in virtual currencies such as Bitcoin. The seriousness of the latest warning can be gauged from the fact that government has compared cryptocurrencies with notorious ‘Ponzi schemes,’ that are known for…

ByGirish ShettiDecember 29, 20170Comments

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Bitcoin Continues to Defy Logic, Surpasses $15,000 Milestone

Bitcoin continues the upward surge. Bitcoin continues to defy all the logic as it touched a new high during the early trading sessions on Thursday morning, surpassing the level of $15,000 for the very first time. The world’s most popular cryptocurrency touched to $15,340 per unit at several indexes as of as of 10 am IST,…

ByGirish ShettiDecember 7, 20170Comments

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Bitcoin Madness Continues, Soars Above $10,000

Bitcoin's fortunes continue to surge. World’s most popular cryptocurrency Bitcoin continued with its ongoing bull run on Tuesday as it cruise past $10,000 level on several smaller exchanges and digital currency indexes. This is the new all-time high for the world’s most traded digital currency. However, it remained just below the milestone of $10,000 at some…

ByGirish ShettiNovember 29, 20170Comments

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Bitcoin Price Hits Lifetime High – Smashes Above $5,100 Barrier

Bitcoin price soars to lifetime high. Bitcoin’s price soared to an all-time high on Thursday as global investors continue to pour money in the popular cryptocurrency. Bitcoin price touched $5,167.90 in early trade on Thursday, according to data furnished by industry website Coindesk. With today’s record breaking trading, the popular cryptocurrency surpassed the previous high of…

ByGirish ShettiOctober 12, 20170Comments

News

Car Rental Firm Drivezy Raises $10 Million, to Introduce Bitcoin Payment

Drivezy to launch Bitcoin Payment on its platform. Self-drive car rental firm Drivezy, previously known as JustRide, has raked up Rs 65 crore ($10 million) in fresh round of funding. The funding was led by part-equity and part-debt round, with American and Japanese investors investing $5 million through equity route. Another $5 million investment via debt…

ByGirish ShettiOctober 6, 20170Comments

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