Heated discussions are heating up the icy snow-capped city of Davos during the current year’s World Economic Forum. BOE senior counsel yesterday said that cryptocurrencies were worthless. Today, BCG Digital Ventures founder Jeff Schumacher said Bitcoin cost will tumble to zero. Schumacher is the best investor and relative veteran in …Read More »
Dogecoin is a peer-to-peer electronic payment system based on the popular 2013 meme of the Shiba Inu dog. It was a fork of Luckycoin, which was itself a fork of Litecoin. The coin uses a PoW script mining algorithm similar to Bitcoin; however, while Bitcoin has a limited number of coins, there is no limit to the number of Dogecoins which can be created. The current rate of Dogecoin creation is over 5,000,000,000 coins a year. Dogecoin is one of the oldest altcoins in existence, and for that reason they have a relatively large community. The reddit page has about 90,000 shibes (the group name for their community members).
Dogecoin is an excellent coin to use for micro transactions and is commonly used for tipping on articles. The coin is a sort of self-proclaimed “joke coin” which has gained a lot of popularity. This video is a good indicator of the lighthearted nature of the community as a whole. For more information on Dogecoin, including a look at the history of the coin, the team and how to purchase, see: “What is Dogecoin“.
One analyst believes that this drop and surge, it is the result of a confluence of factors that could suggest Bitcoin is nearing a long-term bottom. Bitcoin (BTC) is the general cryptocurrency of the market have stabilized following the recent bout of volatility they experienced this past weekend. Yesterday, however, Bitcoin’s price quickly dropped …Read More »
Dogecoin (CURRENCY: DOGE) traded down 0.5% against the dollar during the 1 day period ending at 22:00 PM Eastern on January 16th. One Dogecoin coin can now be purchased for approximately $0.0020 or 0.00000057 BTC on cryptocurrency exchanges including Koineks, Tripe Dice Exchange, Coindeal and Cryptomate. During the last seven days, …Read More »
This publication recently covered a talk at Davos in which Jeff Schumacher claims the Bitcoin price is on the way to zero. Christina Comben writes: Schumacher is a top investor and relative veteran in the space. He told an open-mouthed CNBC panel that he believed bitcoin has no value and that it was …Read More »
The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has obviously pulled back its demand for a rule change by the United States Securities and Exchange Commission (SEC). According to an official notice published on Jan. 23, BZX pulled back a proposed guideline change that would enable it to list …Read More »
Dogecoin (CURRENCY: DOGE) traded 1.9% lower against the U.S. dollar during the twenty-four hour period ending at 2:00 AM Eastern on December 31st. Dogecoin has a total market capitalization of $241.41 million and $17.98 million worth of Dogecoin was traded on exchanges in the last day. Over the last week, …Read More »
Bakkt, the cryptocurrency platform made by the administrator of the New York Stock Exchange (NYSE), declared that they are enlisting for various high-up positions in a tweet Jan. 22. The Intercontinental Exchange’s (ICE) much-awaited crypto platform distributed a rundown of right evidently new vacancies at the company, which are all …Read More »
The former antivirus tycoon and cryptocurrency advocate John McAfee says he’s got problems with the U.S. tax agency the IRS. McAfee recently explained in a video that he was charged for “using cryptocurrencies in criminal acts” by Tennessee court officials. McAfee also detailed that four members of his 2020 presidential …Read More »
US crypto exchange Gemini owner, the Winklevoss twins, are adamant in their bullish views of Bitcoin’s future despite the current bearish climate. Crypto ancestor Tyler Winklevoss, during an AMA session with Reddit, claimed that Bitcoin is well on its way to surpassing the $7 trillion market of gold. He noted: …Read More »
Adena Friedman, president, and CEO of Nasdaq Inc. says that cryptocurrency “deserves an opportunity to find a sustainable future in our economy,” in a post on LinkedIn, published on Jan. 20. Writing in front of her appearance at the World Economic Forum at Davos this week the opening day of …Read More »