In just two days, the U.S. tax filing deadline, April 17th, will be here. Despite this, only a very small fraction of Americans have reported their cryptocurrency holdings. In fact, data released from Credit Karma reveals that fewer than 100 people — out of the most recent 250,000 filers...
San Francisco, a city with a respected hip-hop scene that has spawned rappers like Too Short and Mac Dre, has produced another star: “Bitcoin rapper” CoinDaddy.  The 28-year-old behind CoinDaddy, Arya Bahmanyar, left a career in commercial real estate after he said he made a small fortune in Bitcoin.
The price of Bitcoin seems to have switched to a bullish momentum after spending a period of two months on a downward path that shed about $5,000 of its value. The market rebounded across the $8,000 line on Friday and crossed $8,400 already. Bears argue that a short squeeze is behind what they call “a market correction”, but the...
Brian Kelly of CNBC’s Fast Money compared cryptocurrency to the “Internet in the 1980s,” emphasizing that Bitcoin (BTC) is still in its early stages in an April 13 interview on CNBC’s Trading Block. When asked about Bitcoin’s potential, Kelly answered that while he used to see crypto as comparable to...
Demand for computer components has skyrocketed with the surge of cryptocurrency mining, with prices more than doubling the past 12 months in some cases as suppliers are struggling to build enough capacity to meet the needs of the emerging market.Prices of PC Components Skyrocket Due to Bitcoin MiningThe cryptocurrency...
Nobel Prize laureate for economics Robert Shiller believes that while Bitcoin (BTC) might be a bubble, that doesn’t mean that it will burst and be gone forever, according to an interview on April 13 with CNBC’s Trading Nation. Shiller, who is currently a professor of economics at Yale University, referred...
After investment tycoon Tim Draper said earlier this week that Bitcoin (BTC) could hit $250,000 by 2022, CNBC Fast Money’s Brian Kelly has supported this prediction in a CNBC interview from yesterday, April 13. In response to a question about Draper’s high prediction, Kelly responded that although “it sounds crazy,”...
American venture capital investor Tim Draper, an early backer of Tesla, Skype, and SpaceX, is one of the most high-profile Bitcoin investors. With absolute confidence that bitcoin is the future currency, Draper announced that he predicts the bitcoin price will reach $250,000 by 2022.Tim Draper Predicts Bitcoin at $250,000 By...
Golem has lumbered in from the wilderness now with its first beta release, the Brass Golem, bringing the notion of Airbnb for computers to life on Ethereum. Also in Ethereum news, Ether Capital seeks to be a steadying and calming force in the Ethereum technology and ICO space. Samsung has...
Pantera Capital Management, a hedge fund with a focus on cryptocurrencies, said in their April newsletter that Bitcoin’s (BTC) price of $6,500 was probably the low for the cryptocurrency, and that it was “highly likely” BTC’s price will reach above $20,000 this year, the Wall Street Journal (WSJ) reported...