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Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin

BitBeast November 15, 2019
87 0

In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The Zimbabwean government, which plans to distribute one billion Zimbabwean dollars over the next six months, released the new currency on Tuesday. Citizens lined up for hours outside banks to receive the new currency notes only to go home […]

Apple Co-Founder Steve Wozniak Outlines the Path to Mainstream Adoption of Crypto, Says Bitcoin and Blockchain ‘Really Works’. Speaking at the Crypto Invest Summit in LA.

BitBeast October 26, 2018
119 0

Apple co-founder Steve Wozniak says Bitcoin, cryptocurrency and the blockchain movement remind him of the early days of computing. Speaking at the Crypto Invest Summit in Los Angeles, Wozniak called Bitcoin digital gold, and expanded on why he is so drawn to blockchain technology. “You can look at Bitcoin as the example, the gold. And it’s […]

Bitcoin Tracker One now trading on Nasdaq Stockholm Exchange: an Exchange-Traded Bitcoin Note That American Investors Can Buy. Important Development for Virtual Money.

BitBeast August 16, 2018
96 0

If you want to buy Bitcoin without actually buying Bitcoin, you now have another way to own the controversial digital currency. No, it’s not the U.S. exchange-traded fund investors have been touting as a catalyst for demand for the embattled virtual money. It’s an exchange-traded note, and starting Wednesday, investors can buy it more easily even […]

Winklevoss Twins Continue Moving Forward Despite Disappointing SEC Bitcoin ETF Decision

BitBeast August 14, 2018
98 0

Cameron and Tyler Winklevoss are working relentlessly to grow their cryptocurrency exchange Gemini despite the U.S. Securities and Exchange Commission’s (SEC) decision to reject their proposed Bitcoin ETF for the second time in late July. The brothers have taken a few hits in 2018 so far, including dwindling trading volume on their Gemini exchange and […]

Crypto Market Dropped Significantly: What is Going On? Some thoughts and speculation below.

BitBeast June 11, 2018
113 0

It’s a sad day for crypto investors. Well… at least for the individuals that are not used to such price drops as seen today before. If you, for example, started to invest in January 2018, you’re probably seeing a psychologist by now.  Market prices dropped more than 10 percent for bitcoin and several altcoins today, with no […]

Man lost Hard Drive with the Key to more than $50 Million in Bitcoin. Mined more than 7,500 coins over one week’s time in 2009.

BitBeast May 28, 2018
153 0

James Howells is not a happy man at the moment. James Howells is the name of the man who lost a hard drive with the key to more than USD 50 million in Bitcoin. Having gotten into mining in 2009, early enough to make a fortune, he accidentally threw away the hard drive holding thousands […]

Big Investors Not Scared by Bitcoin Price Drop, Cryptocurrency Inevitably Replaces Fiat. Bull Run Incoming...

BitBeast May 23, 2018
117 0

Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the cryptocurrency market has dropped by […]

Amsterdam Police Arrested Iceland’s ‘Big Bitcoin Heist’ Suspect Sindri Thor Stefansson.

BitBeast April 25, 2018
144 0

Iceland’s now-infamous bitcoin miner thief has reportedly been arrested. A Dutch police spokesperson confirmed that Sindri Thor Stefansson – who is accused of masterminding the theft of $2 million worth of mining hardware in what’s being called the “Big Bitcoin Heist” – was arrested in the Amsterdam on Sunday night. Prosecutors are now looking to […]

Mastercard’s President South East Asia speaks ill off Bitcoin back in 2014. Looking back: is this a Company fearing Cryptocurrency as a Disruptive Technology?

BitBeast April 19, 2018
95 0

Matthew Driver, Mastercard’s President South East Asia, is seemingly speaking ill of Bitcoin on purpose back in 2014. Knowing how the cryptocurrency market, communities and technologies developed in recent years, looking back at this video from 2014 could come across as a Old vs. New story. Old companies with a old technologies that try to ridicule […]

45 Million Dollar in either Bitcoin, Ethereum or Ripple and this Mansion can be Yours! Hedge fund manager Claudio Guazzoni de Zanett has decided to sell his 12,380 square feet Home in New York

BitBeast April 13, 2018
233 0

If you look at the mansion down below you can see the Hedge fund manager Claudio Guazzoni de Zanett has been doing just fine over the years. Now he is selling his town house and paying in crypto now comes at a 50% premium, it would seem. Claudio Guazzoni de Zanett has decided to sell […]

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