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PayPal co-founder Peter Thiel made headlines this week when it was announced that his venture capital firm, Founders Fund, purchased somewhere between USD$15 and $20 million in Bitcoin. The disclosure carries some weight, given that Thiel, along with his co-founders, had the foresight to start a digital payments service two decades ago. A man of[…]

Every time it seems the Bitcoin price couldn’t possibly climb any higher, it exceeds expectations. Earlier this year Bitcoin made headlines, with analysts predicting that it could go up to $3000. It did, much sooner than most people imagined. A few months later, $5000 and up became the norm. This week, a week-long surge culminated[…]

The Bitcoin price hitting $5000 was once a prediction that only the most bullish would make. In September, it happened, making history. Remember: Just over four months ago, in June, history was made when it hit $3000. Here we are in October and $5000 is already, well, history. This morning the Bitcoin price climbed to[…]

This historic Bitcoin milestone was predicted by Bitcoin proponents well in advance. To some, it was only a matter of time. Others are aiming much higher. None of which dulled the excitement when the Bitcoin price reached an all-time high of $5000 USD per BTC on the CoinDesk Bitcoin Price Index on September 1! 2017[…]

The question of Bitcoin scaling is finally settled: On August 24 SegWit was activated! This is a major technical milestone, and a cause for celebration in the bitcoin community. Developers now have the ability to use the new protocol, which is expected to improve transaction speed and security – and lower fees. To give you[…]

In the latest show of Bitcoin popularity, Wall Street investment bank Goldman Sachs announced the need for analyst coverage. Chief Technician Sheba Jafari wrote in a client report that the bank took the decision “due to popular demand”. It also cited the lack of volatility in other asset classes. While Goldman Sachs is bearish on[…]