MrBitcoin June 21, 2018

While Advanced Micro Devices Inc.’s (AMD) shares have seen substantial growth in the past month due to a cryptocurrency mining boom, two analysts warn that investors could be disappointed should mining die down, MarketWatch reported June 20. In the past month, AMD’s stock has gained around 30 percent thanks to the graphic processing units (GPUs) […]

MrBitcoin June 20, 2018

Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. Gresta, former SWIFT CEO Leonard Schrank, and Ledger president Pascal Gauthier. The company will assist startups with initial coin offerings (ICOs), business […]

MrBitcoin June 18, 2018

Two of Russia’s largest banks are testing cryptocurrency-based investment options for retail investors, local news media out Kommersant reported June 15. As part of the Russian central bank’s ‘regulatory sandbox,’ Sberbank and Alfa-Bank opted to begin experimenting with products based on so-called “digital financial assets” at a meeting last Wednesday, according to the publication. Those […]

MrBitcoin November 27, 2017

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately. He’s so convinced, in fact, that he has been contacting the current administration to pursue them. He said: “ICOs represent the most […]

MrBitcoin November 27, 2017

Ashour Iesho · November 27, 2017 · 12:30 pm Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which is causing some concern among experts. Rising Demand for Electricity Bitcoin’s price is not the only thing that has been rising […]

MrBitcoin November 27, 2017

We’ve just closed out on the European session and it’s time to put together the second of our twice daily analyses in the bitcoin price. This morning’s analysis was pretty simple – we wanted to see a continuation of the upside run with, ideally, a clean break through the $10,000 mark and – subsequently – […]

MrBitcoin November 27, 2017

Over the last 7 days, bitcoin has seen further, rapid growth as it manages to squeeze a $2,000 rally leading into its current all-time high in the $9700s — a staggering 25% growth in 7 days. As discussed in previous bitcoin market analyses, the bitcoin market has progressed in a parabolic envelope: Figure 1: BTC-USD, […]