The last few months have been a rollercoaster ride for digital currency enthusiasts. In December 2017, after rising to high $19,205, Bitcoin (the world’s most popular cryptocurrency) shed almost half of the value in merely 60 days. In the mid of February 2018, Bitcoin surpassed the past $10,000 price mark. In addition, Ethereum and LitecoinRead more..
The previous year was quite a landmark year for cryptocurrency ecosystem as a whole. The constantly soaring prices of the Bitcoin drove more and more people towards investing in cryptocurrencies. Whether this trend will continue in 2018 remains to be seen; there are however certain developments which are likely to shape the future of cryptocurrenciesRead more..
Today, traditional cryptocurrency mining operations are huge. Bitcoin and Ethereum mining consumers a large amount of energy that is equivalent to the energy consumption of Nigeria. A country that has around 180 Million inhabitants means around 2 percent of the total population of the world. It is predicted that this percentage will increase and becomeRead more..
The core blockchain technology is, by far, the greatest development in the field of science. As the crypto communities eagerly wait for massive return of investments, Bitcoin and its successors thrive with the passage of time and seem to promise a bright future in the years to come. The Distributed Ledger System is a perfectRead more..
In terms of correlation with Bitcoin and the market value, Litecoin was highly commended during the Bitcoin bubble in 2013. In fact, Litecoin enjoyed the second position and its price skyrocketed to $50 during the same period. Litecoin did make a comeback in 2015, thanks to Ponzi scheme of Chinese LTC, which collected one-fifth ofRead more..