Major ATM Manufacturer Integrates Bitcoin, Exposure to Millions of Users. Bitcoin ATM

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South Korea’s Hyosung, one of the largest ATM manufacturers in Asia, which also has its headquarters in Texas, has officially integrated Bitcoin into its international ATM models. Now it’s an official Bitcoin ATM . Importance of Hyosung’s Bitcoin atm integration Since 2014 Hyosung has collaborated with leading Bitcoin service providers within the South Korean cryptocurrency industry such […]

Bitcoin adds $41 billion to market cap in 6 days then hit $7,998 as an all time high

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Bitcoin hit a new record high Friday, coming within touching distance of the $8,000 handle. The cryptocurrency was trading at $7,998.40 in the early hours, U.K. time, according to industry website CoinDesk. Bitcoin did pare some of those gains, however, falling as low as $7,535.85; it was trading around $7,750 by mid-morning. It’s been a […]

Bitcoin makes huge comeback from price crash despite bubble warnings

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Following huge losses sustained last week, the value of bitcoin has surged, recovering over $2,000 since Sunday. The world’s most popular virtual currency has shown resilience despite continued skepticism over the bitcoin phenomenon. According to data provided by CoinMarketCap, bitcoin traded at $7506.14 at 11:22am GMT, fixing a daily gain of over seven percent. The […]

Bitcoin Mining in China Has Not Been Banned, Contrary to Reports

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Throughout this week, false reports regarding the legality of bitcoin and cryptocurrency mining have emerged. Local sources have revealed that bitcoin mining is not banned as of yet. Unconfirmed Reports and Rumors Initially, Sichuan Electric Power Company, released an unconfirmed circular which claimed that the use of electricity to produce and mine bitcoin is illegal. […]

Bitcoin jumps to $13,500 in Zimbabwe after military coup & shortage of hard currency

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Bitcoin is trading at $13,500 in Zimbabwe, at almost double the value of the cryptocurrency on international exchanges. Demand for bitcoin has surged dramatically in the cash-strapped African country after the military seized power on Wednesday. According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news […]

Bitcoin Mining Surges in Singapore, Phenomenal Increase in Mining Rig Sales

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Many Singaporeans have recently caught up with the Bitcoin craze, they turn to Bitcoin mining for ‘passive income,’ causing a sharp increase in demand for mining rig and graphics cards in the country. Sharp increase in mining rigs demand Channel News Asia reports how one Singapore-based mining rig manufacturer has experienced a sharp increase in sales in recent […]

Billionaire Bull Novogratz has Spoken: “Big Money is Coming to Bitcoin, Real Soon”

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The former hedge fund manager of Fortress Investment Group [Bull Novogratz] believes that institutional investors will adopt bitcoin in the next six months. Mike Novogratz, a retired Wall Street macro fund manager, firmly believes that financial companies will start offering bitcoin as an investment option. So much so, that he thinks it will be as […]

Bitcoin Wears a Suit & Tie and Will Soon Reach $10,000. The Top Cryptocurrencies

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Cryptocurrencies were once the ‘bad boys’ of finance, traded on the Silk Road rather than Wall Street. But adoption by futures traders will ensure new found respectability for Bitcoin and push its value to five digits within months, argues David Jinks, Head of Consumer Research at e-commerce fulfilment experts ParcelHero. He is lead author of 2030: Death of the High Street, […]

Run on bitcoin cash causes exchange crash as Investors lose money and plan to SUE

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Hordes of digital currency investors tried selling bitcoin cash on the Bithumb exchange Sunday afternoon but it’s server crashed due to the flood of traffic. Bithumb is the largest virtual currency exchange in Korea out of three major exchanges: Bithumb, Korbit and Coinone. . Bitcoin cash is a spinoff of bitcoin created on Aug. 1. […]

5 key factors you need to think about before starting a cryptocurrency ICO

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The cryptocurrency world is working extremely well right now, to the point where Bitcoin, for example, manages to achieve some amazing results. Not only that but Ethereum is extremely popular, and there are tons of other cryptocurrencies which became very important on the market as well. So, it’s clear that you can find a demand for these types […]