The digital currency Ether reached a record on Monday a day after Bitcoin breached $34,000 for the first time as the surge in cryptocurrencies continues.
Cryptocurrency
At Gold Silver Reports, we provide the latest cryptocurrency news and updates on Bitcoin, Ethereum, and leading altcoins. Stay informed with expert analysis, price trends, and market forecasts to make smarter crypto trading and investment decisions.
Crypto Technicals Flash Pain Ahead, Eye Bitcoin at $4,000
A gauge of the 10 biggest, most liquid digital coins dropped to its lowest this year on Wednesday, triggering a flurry of technical studies. While Bitcoin, the largest cryptocurrency, hasn’t hit a similar trough since June 29, it’s attracting bearish calls as it slips below its 50-day moving average.
Bitcoin is More Like Gold than a Currency
Gold Silver Reports (GSR) – In the seven months since Bitcoin’s price peaked, it has fallen by about two-thirds. But it’s still almost three times more valuable than it was a year ago. So what does the future hold for Bitcoin? There are three scenarios:
If You Are Holding Bitcoins In India, Here’s What You Can Do
Gold Silver Reports (GSR) – If You Are Holding Bitcoins In India, Here’s What You Can Do – The Reserve-Bank of India had asked them to stop providing services to firms and individuals who deal in bitcoins and other such virtualMoney. And exchanges got no relief from the Supreme Court. While a bench headed by Chief Justice Dipak Misra agreed to hear the petition by the Internet and Mobile Association of India on July 20, it said the RBI’s order will be implemented.
Bitcoin Debate’s Defeated Bear: Digitized Gold ‘Only Type of Crypto That Can Succeed’
Gold Silver Reports (GSR) – Bitcoin Debate’s Defeated Bear – The two financial thought leaders debated about the top cryptocurrency Bitcoin (BTC) and its underlying-technology blockchain, questioning the potential for mass adoption, and comparing Bitcoin and other cryptocurrencies with other asset types such as fiat money and gold.
What is Bitcoin Mining? How to get started
Gold Silver Reports (GSR) – What is Bitcoin Mining? How to get started — Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining.
Bitcoin Is Failing As Currency
Gold Silver Reports (GSR) – The only way to value the likes of Bitcoin correctly is to recognise that it’s a speculative investment and not a currency, said Damodaran who is known for his work on valuing companies and understanding stock investments. “If you put the currency in pocket and you forget about it for a year then at the end of the year if you put it out then it shouldn’t have lost half its value.”