Top Wall Street Adviser Embraces Bitcoin

A top wall street adviser, Ric Edelman has just thrown his weight behind Bitcoin, the video below explains.     Why is this big news for Bitcoin? Edelman is a respected financial adviser and his firm was voted the no 1 RIA firm in 2018 by Barron’s. At the moment the firm cannot purchase Bitcoin for clients because of SEC restrictions but Edelman believes than a Bitcoin ETF will eventually be approved and this will bring a flood of money into Bitcoin and also into the crypto market as a…

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How to Trade Cryptocurrency: 10 Simple Tips to Get Started

Trade Cryptocurrency, here are 10 Simple Tips to Get Started – Even if you are already armed with information about the crypto world, discovering it is extremely intimidating, especially since you are dealing with a subject matter that is naturally complex.     When we are trading cryptocurrencies, what comes to mind first is how to decide which cryptocurrency is viable for doing so. Unlike stocks, performing fundamental analysis for cryptocurrencies is radically different since there are no financial statements. Thus, it is even more important for us to engage in…

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EOT Wallet / Exchange Review

  EOT Wallet is an online EOT, BTC and altcoin wallet and also offers an exchange with a number of trading pairs.       Updates:  Latest listings   What is Bitcoin Private   What is BEZY   What is DigiByte   Features:   EOT Wallet EOT Wallet is an online EOT, Bitcoin and altcoin wallet within which you can deposit, withdraw, or hold your cryptocurrency. To open the wallet is free, deposits are also free and there is a small charge for withdrawals. Transfers from EOT Wallet user to EOT Wallet…

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The Auto Block: Blockchain for Automotive Industry

The Blockchain technology was featured on Gartner’s Top 10 Strategic Technology Trends list back in 2016. This ingenious trend has gained quite a lot of popularity in the last few years and even though it was initially developed for the digital currency, Bitcoin, it has proven useful in many other areas such as the internet and automation.     In a nutshell, the Blockchain technology makes it possible for information to be recorded and distributed, without being copied. While Blockchain has a lot of other benefits as well, the one…

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How to buy Bitcoin dominates Google

Bitcoin was one of the top Google search trends for 2017 and we thought it would be interesting to look at the top search terms that are Bitcoin related.     Bitcoin   Bitcoin was searched between 1 Million and 10 Million times per month. The huge rise in price no doubt had a major impact on the Bitcoin search popularity.       Bitcoin Price Not surprising that this term ranks high, everyone and his dog wants to know what the Bitcoin price is or will be in the…

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Bitcoin Legend Who Bought Pizza With 10,000 Bitcoin Is Doing it Again

It’s one of the best-known cryptocurrency legends:  A guy bought two pizzas with 10,000 Bitcoin back in 2010 to prove the digital currency worked. Now he’s doing it all over.     Trying the same thing with the lightning network, he ended up paying 0.00649 Bitcoin for two pizzas, or $67, and the transaction cost about 6 U.S. cents.   “I wanted to show that yes, you still can buy pizzas with Bitcoin,”Laszlo Hanyecz said in a telephone interview from Jacksonville, Florida. “But if it’s a $50 pizza and a…

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Mogo to Make Buying Bitcoin Simple and More Accessible for Canadians

MogoCrypto to launch in Q1 2018  – VANCOUVER, Jan. 3, 2018 /CNW/ – Mogo Finance Technology Inc. (TSX: MOGO; OTCQX: MOGOF) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced that it plans to bring a new level of convenience and transparency to bitcoin ownership for all Canadians. With the planned launch of MogoCrypto in the first quarter of 2018, MogoMembers will be able to easily buy and sell bitcoin through their MogoAccount.     “For the average Canadian, buying bitcoin today can be complicated, intimidating and costly, but it shouldn’t be that difficult,” said David…

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Cryptocurrency Market Cap over $347 Billion

2017 has been the year of cryptocurrency.  The market has grown in value by 1850% since 1 January 2017 as Bitcoin and some cryptocurrencies have rocketed in price.  The Bitcoin meteoric rise is being reported by mainstream media daily sparking interest across the globe.  One of the drivers of the Bitcoin price is certainly the news that the CME Group, the world’s largest options exchange, integrates its Bitcoin futures exchange by 17 December and open to trading the following day.  The CBOE (Chicago Board Options Exchange) announced plans for Bitcoin contracts…

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Reasons Why the Bitcoin Price is Booming

Bitcoin is booming as believers and skeptics alike watch on.  Some influential people have been giving their opinions regarding Bitcoin – calling the cryptocurrency anything from “fraud” to “bubble” as well as predictions that the price is “heading towards $25,000”. There are a number of reasons why Bitcoin has so rapidly escalated during 2017, a few of which are highlighted in the short video below.       Graph showing growth over the past 12 months – Cryptocompare     Japanese Yen buying the lion’s share of Bitcoin     Top…

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Who is Buying Bitcoin?

The Bitcoin price and value continue to rise and this week has seen Bitcoin drive past the $5000 level, a new all-time high. Interesting to note that Japan leads the current 24-hour ranking.   #1 Japanese Yen – 54.54% #2 U.S. Dollar – 26.64% #3 Chinese Yuan – 8.23% #4 South Korean Won – 6.11% #5 Euro – 3.01%   In 2016, reporting showed that most of the trading was coming from China, however, since the People’s Bank of China imposed strict regulations on the crypto exchanges in the country, the percentage…

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