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Venezuela’s Petro is Nefast for Cryptocurrency and the Blockhain Industry

Issuing a national cryptocurrency opens up a can of worms. Venezuela is finding this out the hard way. Their Petro cryptocurrency is not gaining the traction nor the reputation government officials had hoped for. This only adds more problems to the uneasy financial situation in the country. The Petro is not Performing as Planned A...The post Venezuela’s Petro is Nefast for Cryptocurrency and the Blockhain Industry appeared first on Live Bitcoin News.

Bitcoin.org, the Crypto Resource Site Founded by Satoshi, Celebrates 10th Anniversary

It has now been 10 years since the web domain Bitcoin.org was registered by the Bitcoin project’s first developers, Satoshi Nakamoto and Martti Malmi. A post on the website commemorates the anniversary of the famous domain’s registration back in 2008, shortly before the release of the original cryptocurrency white paper on October 31. Satoshi’s Bitcoin.org Legacy ThoughThe post Bitcoin.org, the Crypto Resource Site Founded by Satoshi, Celebrates 10th Anniversary appeared first on CCN

Bitcoin Lost: The Heroic and Maddening World of Crypto Wallet Recovery

David Veksler of Walletrecovery.info has seen it all. News.Bitcoin.com caught up with the man many in the ecosystem call upon when the ‘you-know-what’ hits the fan. Lost seeds. Fires. Seemingly unrecoverable hard drives. Mr. Veksler views the impossible as an interesting problem, a puzzle to crack. As more folks onboard into cryptocurrency, and as prices […]The post Bitcoin Lost: The Heroic and Maddening World of Crypto Wallet Recovery appeared first on Bitcoin News.

Reddit Co-Founder Bullish on Bitcoin Despite Current Price Slump

Alexis Ohanian, the co-founder of popular news and forum site, Reddit, is bullish on Bitcoin despite the current price slump. His optimistic views on the future of Bitcoin come as he moves away from Reddit and towards more venture capital initiatives, including investments in cryptocurrencies and cryptocurrency companies. Following the acquisition of Reddit by Conde...The post Reddit Co-Founder Bullish on Bitcoin Despite Current Price Slump appeared first on NewsBTC.

Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

Today, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a 2017-esqeThe post Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally appeared first on CCN