S&P Global: Bitcoin Is Unlikely to be a Destructive Force in the Finance Sector…For Now

A market intelligence group has said that cryptocurrencies such as bitcoin are a long way off from being a destructive force in the financial sector. In a research note published today S&P Global wrote that digital currencies were unlikely to have an impact despite increased public interest unless they are regulated, reports Business Tech. According to lead Dr Mohamed Damak, the group highlighted that bitcoin is showing signs of being in a bubble for four reasons: there is a limited number of coins in circulation, the market is highly volatile, a…

Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

Regulation While some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding Jewish groom signing a ketubah at his wedding A rabbinical court in Israel is now facing a bitcoin-related quandary for what appears to be the first time ever. The religious tribunal is asked…

American ATM Network Athena Bitcoin Adds Bitcoin Cash Support

Services Bitcoin cash (BCH) is now available for trading in dozens of new physical locations across the US. The American ATM network Athena Bitcoin has added support for buying and selling the cryptocurrency for fiat cash on all its machines. Also Read: Polish Financial Authorities Paid Youtuber to Smear Cryptocurrency Bitcoin Cash ATM Network Midwest US-based cryptocurrency ATM network Athena Bitcoin has recently announced that bitcoin cash (BCH) has been made available on all of its machines. This is only the third cryptocurrency now supported by the ATM…

Total Crypto Market Cap Back Over $500 Bln, Bitcoin Pu… | News

After a relatively low start to the month in the crypto market, the total market cap of all cryptocurrencies has again broken $500 bln today, Feb. 17, according to CoinMarketCap. The total market cap is currently around $502 bln at press time. Bitcoin (BTC) has stayed well above the $10,000 mark, currently trading at about $10,830 and up almost 7 percent over a 24-hour period by press time. Ethereum (ETH) is inching closer to passing the $1000 threshold, trading at $969, up almost 3 percent over a 24-hour period by…

Blockchain & Bitcoin Conference Gibraltar discussed newly introduced licensing for blockchain companies

On February 8, Gibraltar hosted the first event from the Blockchain & Bitcoin Conference series. Over 200 people attended it; 17 speakers gave presentations. According to participants, the most topical reports were those dedicated to new blockchain legislation, organization of token sales, and cryptocurrency trading. Impressions of participants A representative of CastleHill, conference participant, has already published his report on the event. According to him, Blockchain & Bitcoin Conference Gibraltar has changed his attitude to cryptocurrency and blockchain: “It became apparent to me that the blockchain technology is not a…

Ellen DeGeneres Is Down with Bitcoin

Featured US daytime television chat show queen, Ellen DeGeneres, featured bitcoin in a recent segment, wondering aloud about its fundamental mysteries with her enthused audience. And while it was a funny look at the cryptocurrency, she managed to expose an often missed demographic to cryptocurrency: baby goat loving moms. Also read: Citibank India Bans Bitcoin  Ellen DeGeneres Pokes Fun at Bitcoin “One thing I am down with right now, that I think everybody is learning about, is bitcoin. Who’s heard of bitcoin? Who can explain what bitcoin is?…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Lite… | News

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After a massive sell-off earlier this year, the cryptocurrencies are trying to pull back. Among the top coins, Litecoin has garnered all the attention with favorable news and an upcoming fork on Feb. 18. At the same time, Western Union, one of the…

A Dazzling History of Bitcoin’s Ups and Downs | News

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. One of the most popular memes on the cryptocurrency subreddit r/bitcoin, arguably the largest concentration of Bitcoin enthusiasts on the internet, depicts a cartoon coin riding a roller coaster with its hands waving wildly in the air. On days when Bitcoin is skyrocketing in price, the meme shows the rollercoaster launching straight upward, and on days when Bitcoin is crashing, the funny facsimile is…

Don’t Understand Bitcoin? Think Of It As A Digital Goa… | News

American television host Ellen Degeneres took a jab explaining what Bitcoin (BTC) was to her live audience yesterday, Feb. 15, by comparing the digital currency to a goat that “doesn’t exist except for on that Internet.” If you want to know what bitcoin is, I learned about it. A bit. pic.twitter.com/txICiTXYgi — Ellen DeGeneres (@TheEllenShow) February 15, 2018 After asking the audience who has heard of Bitcoin to applause, and then asking who can explain what Bitcoin is, Degeneres answered her own question: “Nobody knows how it works. Nobody. Everybody’s…

Vice Chairman of Berkshire Hathaway Calls Bitcoin ‘Noxious Poison’

Bitcoin is once again within sight of $10,000, yet according to one individual the currency is ‘noxious poison.’ That person is none other than U.S. billionaire Charles Munger. He also happens to be vice-chairman of Warren Buffett’s investment firm Berkshire Hathaway, reports CNBC. Speaking at the annual meeting of the U.S. publishing firm Daily Journal, which he chairs, in Los Angeles on Wednesday, Munger said: I never considered for one second having anything to do with it. I detested it the moment it was raised. It’s just disgusting. Bitcoin is noxious poison.…