Former PayPal CEO Bill Harris said in an interview on CNBC yesterday that the price of Bitcoin will continue to fall "and eventually approach zero." Harris also claims that he sees no value in such a means of payment.
Another company plans to enter the ASIC miner market this year. Canadian company Squire Mining has raised almost $20 million to design, develop and test a new ASIC chip and Bitcoin mining rig. Squire also plans to create its own mining facilities.
Bitcoin privacy is pretty terrible. What more can be said when anyone in the world can find and examine any transaction using a web browser?
Former hedge fund manager Jim Cramer believes that Bitcoin's time has not yet passed, but the sun is already setting on it and it most likely has no chance of survival.
Yesterday's modest attempts to re-test the nearest resistance level may be repeated today with renewed vigor
The Verkhovna Rada of Ukraine is developing a bill defining cryptocurrency as a financial asset. The authorities may adopt the document before the end of this year or at the beginning of next year.
Altcoins have demonstrated that they are much more subject to speculation and volatility than Bitcoin. Several groups of altcoins have formed on the market based on the size of the price decline since its peak.
Just weeks after acquiring peer-to-peer (P2P) file-sharing network, the Tron Foundation [TRX] selected BitTorrent Inc. one of the community representatives, the so-called Super Representative (SR).
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