North Carolina lays groundwork for digital currency regulation, GAWMiners releases $16 cloud miner Hashlet, Dominica adopts Bitcoin as its official currency, hackers take advantage of Russia-Ukraine conflict to attack bitcoin wallets, hackers steal 200 BTC from Cannabis Road, Dogetipbot set to launch on Twitch, and the BitGive Foundation gains tax exemption from IRS.
This is your weekly Bitcoin market report, covering the week of August 10, 2014. This past week has been an incredibly turbulent one for bitcoin’s price. The week started out in a slow decline, but then there was a “flash-crash” on the Bitfinex Bitcoin exchange late in the week, which caused the Bitcoin price across the entire market to tumble. A flash-crash is a sudden and sharp decrease in […]
Whether you use Bitcoin or not, the concept of a decentralized currency has opened our eyes to some very interesting new solutions for age-old issues. There was a time when only the programmers and tech crowd truly understood how Bitcoin worked. But now that it has being studied and understood by the more mainstream masses, we’re starting to realize that it just might be possible to implement all kinds of […]
This article is the second installment of our weekly Bitcoin market report series. In our market reports, we track the movement of the Bitcoin price and trade volume for the week, comparing the movements to those of the week before, and giving a speculative projection for the general market trend of the coming week. This report will cover the week of August 3-August 10, 2014. Price Movement and Trade Volume […]
Gone are the days of pre-ordering mining gear from a startup manufacturer. Large resellers such as GawMiner, HashMaster, and Zoomhash have stepped in to provide guaranteed product shipment, improved customer service and, in some cases, compensation for under performance or late delivery. For miners who do not want to deal with hardware hassles, cloud-based mining solutions such as CloudHashing.com and Genesis Mining have become a popular alternative. These cloud-based mining […]
This is Money and Tech’s first weekly market report. In these market reports, we will be discussing the weekly trend of the Bitcoin price. We’ll cover the events that happen during a 7 day week, starting on a Sunday and ending on the next Sunday. This article in particular covers the movements in the Bitcoin price that occurred from 12AM EST on July 27, 2014 to 12AM EST on August […]