Bitcoin begins May with retreat back below $9000 after 30% pop in April

Bitcoin fell below $ 9,000 Tuesday, the first trading day of May. The cryptocurrency traded 3.9 percent lower around $ 8,880 as of 8:49 a.m. ET, according to CoinDesk's bitcoin price index. The decline followed a gain of about 33.5 percent for April. There was no immediately apparent reason for bitcoin's …
Google Alert – bitcoin

Antpool Begins Burning BCH Network Fees Increasing Digital Scarcity (news.bitcoin.com)

On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy.
Also Read: Indian

Bitcoin

Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Marathon Patent Group, Inc. (Nasdaq:MARA), today announced that it has commenced bitcoin mining at a new facility in Quebec, Canada. Investors seems to greatly approve of this development as the stock is up 32% as of the time of writing a couple of hours after market open. Marathon revealed that it …
Google Alert – bitcoin

Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% (news.bitcoin.com)

Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin.
Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter

Bitcoin

Senator Mark Warner: “I was an early investor in cell phones back in the ’80s, and I believe blockchain has the potential to be just as transformational as cell phones. As our government begins to look at crypto, I don’t think you can separate cryptocurrencies from the technology they’re based on”.

Senator Mark Warner: "I was an early investor in cell phones back in the '80s, and I believe blockchain has the potential to be just as transformational as cell phones. As our government begins to look at crypto, I don't think you can separate cryptocurrencies from the technology they're based on". submitted by /u/toroidalfield
[link] [comments]

Bitcoin – The Currency of the Internet

UBS warns of bitcoin bubble as futures trading begins on CME – business live

In a new research note, ING argue that the digital currency will eventually return to being a “niche product for a select group of enthusiasts”, rather than a revolutionary new currency that reshapes the financial system. Why? They argue that there are several impediments build into bitcoin, which will …
Google Alert – bitcoin