The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer. Its pioneer, Bitcoin, dramatically surged in value and steeply dropped (before picking back up) in recent months. ICOs (initial coin offerings for new cryptocurrencies), meanwhile, are emerging at a head-spinning rate.
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It could transform how we track nearly every transaction. You may have heard the term “blockchain” used when people talk about cryptocurrencies like bitcoin. If you’re unsure of what it means, think of blockchains as ledgers that keep track of transactions. In the case of bitcoin, the blockchain is a record of financial transactions between […]
Venezuela launched the presale of its own cryptocurrency, the petro, today. There are currently 82 million tokens available, which the government plans to follow with an initial coin offering (ICO) launch in a month. It’s the world’s first sovereign cryptocurrency, built on the Ethereum blockchain and intended in part to save the country from wild […]
Bitcoin futures debut with 26% rally, trigger Cboe trading halts.
Square’s Cash app has added new features that allow users to buy and sell bitcoin. Currently, the features are in beta and available to a small number of users, but future updates may add support for easy bitcoin transactions between friends and family members.