Bernanke: “Eventually Governments Will Take Any Action They Need to Prevent Bitcoin”

Former Federal Reserve (Fed) Chairman Ben Bernanke’s recent comments about bitcoin and its network add to his growing list of hardening stances toward the world’s most popular cryptocurrency. No stranger to bitcoin, Mr. Bernanke has made several statements, at least one official, since its inception. Ben Bernanke Makes Headline Ripples […]

JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges

CNY to bitcoin trading now accounts for approximately only 1% of all bitcoin trade occurring on exchanges, according to cryptocompare data. The Chinese cryptocurrency crackdown has drastically altered the global composition of bitcoin markets. 60% of bitcoin trading currently occurs through Japanese markets, with the U.S. and South Korean markets […]

Bitmex Exchange and Samourai Wallet Details Plans on How to Handle Upcoming Forks

Bitcoin Mercantile Exchange (Bitmex) and Samourai Wallet (Samourai) have each released details on action plans regarding the expected fork at block height 494,784. This mid-November triggering of Segregated Witness 2 (Segwit2x) is proving to be a battleground for passionate bitcoiners on all sides. Those hostile to the fork are themselves […]

Russian Businesses Urge Government to Approve Only Domestic Cryptocurrencies

One of Russia’s leading public associations of entrepreneurs has sent a proposal to their government asking them to approve only domestic cryptocurrencies in their upcoming cryptocurrency legislation. Proposal to Government State Duma Building. The Association of Entrepreneurs for the Development of Business Patriotism (Avanti) sent a proposal to the Federation […]

Gold Miner Pivots: Backs Blockchain Company and Starts Mining Bitcoin

A Canadian mining guru, Frank Giustra, has begun mining bitcoin and other cryptocurrencies instead of just gold. He has recently backed a Vancouver Blockchain company, called Hive Technologies Inc., to oversee these mining operations and offer first-ever mining stock options. A Bloomberg article said, “The company he’s backed, Vancouver-based Hive Blockchain Technologies […]

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