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Americans Are Taking Out Mortgages to Buy Bitcoin

Economics People are taking out mortgages to buy bitcoin, says securities regulator Joseph Borg. Coupled with accounts of credit cards and equity loans being used to obtain bitcoin, it raises the possibility of risk-taking investors being left deeply indebted or potentially even homeless.Also read: Bitcoin Is a New Haven From Hyperinflation for

People Are Discovering Bitcoin Worth Thousands of Dollars in Changetip Accounts

News Changetip is the gift that keeps giving. One year after the micro-tipping service shut down, account holders are logging in to discover forgotten bitcoin worth hundreds or even thousands of dollars. The San Francisco-based micropayment platform is no more, but its legacy lives on through forgotten bitcoin shrapnel that is now worth multitudes mo

This App is Trying to Predict the Bitcoin Bubble Bursting Using AI

Technology A provocative new app, Bitcoin Bubble Burst, promises to keep its users ahead of what seemingly everyone, at some point, has predicted: the bitcoin apocalypse when prices plummet. Can vaunted artificial intelligence and neural networks produce predictive models useful enough to save fortunes?  Also read: Reddit’s /r/b

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CBOE Launches Bitcoin Futures, Site Immediately Crashes

In a vindication of cryptocurrency exchanges which have had their share of growing pains this year, CBOE launched Bitcoin futures trading at 5 PM Central time and their website went down within minutes. CBOE has confirmed that the slowness (and 404 errors) users are receiving are due to much higher than normal traffic: Due to heavy traffic on our website, visitors to https://t.co/jb3O722hoo m

Bitcoin Gamers Offered Steam Lifeline, Craigslist Goes Crypto

News In a blow for serious gamers who use the world’s most popular cryptocurrency, bitcoin, Steam announced they would no longer accept it as a method of payment. Price volatility and high transaction fees doomed the relationship. In freer economies, however, other companies like Bitrefill see such problems as an opportunity to gain market share by

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U.S. Senate Mulls Reporting Requirements for Cryptocurrencies

American Bitcoin holders may soon have to report their holding to the United States government.First introduced on May 25, 2015, by Sen. Chuck Grassley [R-IA], Senate Bill S.1241, the “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” can have serious implications for those involved in the cryptocurrency space. The hearing for S.1241 was held with virtually no p

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U.S. Senate Mulls Reporting Requirements for Cryptocurrencies

American Bitcoin holders may soon have to report their holding to the United States government.First introduced on May 25, 2015, by Sen. Chuck Grassley [R-IA], Senate Bill S.1241, the “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” can have serious implications for those involved in the cryptocurrency space. The hearing for S.1241 was held with virtually no p

Trading Column `The Writing on the Wall´ – Shorting the Great Bitcoin Bull

Op-Ed This is a weekly trading tips series called ’Writing On The Wall’, in which our game theory guide, Eric Wall, tries to decipher those writings. This week, shorting bitcoin.I absolutely abhor having to short bitcoin. As a long-term believer in bitcoin, it goes very much against my beliefs to short what I consider to be the best and most unde

Reddit’s /r/btc Reaches 100,000+ Subscribers in a Victory for Censorship Resistance

Featured Decentralization is a tool to attain censorship resistance. The more avenues for debate, the better. Bitcoiners around the world depend on forums such as the popular Reddit.com bulletin board for candid, behind the headlines examination. In a year of striking all-time-highs, the subreddit /r/btc reached 100,000 subscribers this week. Th

200,000 Unconfirmed Transactions Pile Up in Another Crazy Day for Bitcoin

Markets and Prices Exchanges overloaded. DDoS attacks. Huge price spikes, flash crashes, and order cancellations. Over 200k transactions queued, some for more than 24 hours, in the mempool – despite paying high fees. Just another crazy day in bitcoin, a land where every day seems to be wilder than the last, including higher highs, bigger swings, an

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