Bitcoin Price Bites Dust, Crashes Below $5000

The downfall in Bitcoin prices continued on Monday with the price of the world’s most popular cryptocurrency touching a new low. The price of Bitcoin at the US market on Monday crashed below $5000 for the first time since October 2017. Bitcoin’s price witnessed a healthy depreciation of 14% to finish the day at 4,586.94. Monday’s…

ByGirish ShettiNovember 20, 20180Comments

News

A Millionaires crazy idea to Build a Blockchain Smart city in Nevada Desert

Imagine a smart city right in the heart of Nevada desert, which I presume should not be that difficult to imagine even for a lame person. But what if I tell you that this smart city will be based on a blockchain project. Hmn… now that is probably like stretching your imagination a bit too…

ByGirish ShettiNovember 2, 20180Comments

Acquisitions

Bitstamp, one of the World’s Largest Crypto Exchanges has just been sold

Such is the world of cryptocurrency that it is always buzzing with actions and events. Now the latest news coming from the virtual currency world is that one of the world’s largest cryptocurrency exchanges – Bitstamp – has been sold out. Bitsmap, which is based in Luxemburg, has been sold to Belgium based investment firm…

ByGirish ShettiOctober 30, 20180Comments

News

Facebook Partially Revokes ban on Cryptocurrency ads

Facebook does u-turn on Cryptocurrency ad ban. In a surprise move, Facebook has announced that it has revoked ban on cryptocurrency advertisements. However, the ban has been only partially lifted as ads related to ICOs and binary options will continue to face prohibition. Announcing about revocation of the ban, Facebook’s newly revised prohibited products and services policy…

ByGirish ShettiJune 28, 20180Comments

News

India’s Central Banks serves biggest ever blow to cryptocurrency

India’s Central Bank clamps down further on cryptocurrency. After last year’s insane rally, cryptocurrency (also known as virtual currency) since the beginning of this year has been heading towards only one direction: southwards. The nosedive in its fortunes was partly triggered by clampdown that various government agencies have been imposing on the trading of cryptocurrencies. As part…

ByGirish ShettiApril 6, 20180Comments

News

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

News

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

Utility focussed

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

News

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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