BitcoinInsider

Everyone in the world is seemingly keeping a close eye on the cryptocurrency markets right now. One of the currencies for which many people have high expectations is Ethereum. While still the world's second largest cryptocurrency by market cap, things are not exactly going as planned. With a 3.51% loss since yesterday, the Ethereum price has dipped below US$290 at the time of writing. This trend will not last all that long, though; that much is certain. When the Bitcoin price dips briefly, the rest of the cryptocurrency markets will do the exact same thing. In the case of Ethereum, the price of this token has taken a tumble over the past few hours. While the Ethereum price was well above US$300 not too long ago, maintaining that high price point has proven problematic. Volatility is the second nature of all cryptocurrencies, and it clearly shows as of right now. As far as the Ethereum price is concerned, it's now hovering close to US$290 for the time being. That is still a mo...

Bitcoin.com chief executive Roger Ver has issued a $1 million challenge to F2Pool owner Wang Chun, who has claimed at a blockchain conference in Hong Kong that Bitcoin Cash "will be short-lived." The two executives were part of a roundtable discussion at the Bitkan-hosted 2017 Shape the Future Blockchain Global Summit, debating on the potentials of Bitcoin Cash versus the original Bitcoin. For his part, Wang said Bitcoin Cash will be abandoned soon, or as early as November, when another hard fork is expected to happen. Roger Ver bets $1M that Bitcoin Cash will not be 'short-lived'"Bitcoin Cash will be short-lived compared with earlier attempts because we will soon have another one coming very soon… after SegWit2X is introduced," Wang said. The F2Pool co-owner's comment caught the ire of Ver, a confessed fan of Bitcoin Cash, prompting him to issue a bet. "How short-lived do you think Bitcoin Cash will be and would you be interested in making a wager ...

ICOs have rapidly become the new standard method of raising funds for cryptocurrency startups and enthusiasts. Although not every ICO raises its minimum goal, most projects have had no problem selling all the available tokens quickly. Throughout 2017, we have seen some major cryptocurrency ICO projects raise a lot of money. Below is a brief overview of the most successful ICO projects in terms of funding throughout 2017 so far. 10. MONETHA Although this project was only launched a short while ago, the amount of money raised surprised a lot of people. Monetha aims to provide a globally trusted commerce solution powered by the Ethereum blockchain to merchants in all industries. By raising US$36.6 million during the crowdsale, the ICO showed that people have high expectations for this project moving forward. 9. AETERNITY Bringing smart contract technology to the masses will not be easy by any stretch of the imagination. Aeternity aims to do exactly that by making smart contracts interface...

Things are once again looking quite bad for the cryptocurrency sector as a whole. All currencies have taken yet another hit in terms of value, and it does not appear this situation will change over the next few hours. The Bitcoin price lost another 5.58% overnight, although no one knows for sure why this is happening exactly.  WHAT IS GOING ON WITH THE BITCOIN PRICE? It is evident the Bitcoin price is still in a very volatile phase right now. Despite some big gains earlier this week, things are slowly heading back in the wrong direction again. Although the Bitcoin price is still holding its own around the US$3,500 mark for the time being, it is evident things may head toward US$3,000 in the coming days. That would be a rather unfortunate turn of events, especially considering there is no valid reason for the Bitcoin price to go down in the first place. More specifically, the news coming out of China should, in theory, only affect Chinese Bitcoin users. Just because the country's ...

Recently a story broke on TorrentFreak outlining a test that The Pirate Bay ran for a short period of time. The Pirate Bay team is looking to see if skimming the computational resources of site visitors is a better way to raise revenue than displaying advertisements. Some users are not happy about this, but I see it as an interesting opportunity. MINING INSTEAD OF ADVERTISING Users who visited the Pirate Bay's site on September 16th may have noticed a spike in their CPU usage. Only certain pages would spike the CPU, and some users decided to look into what was going on. Apparently, the Pirate Bay had inserted a few lines of Javascript code – developed by Coinhive – into selected pages on the site that would utilize visitors' computing resources to mine cryptocurrencies, specifically Monero. The effect is detrimental to the overall user experience, apparently. Some users complained that it was immediately noticeable and off-putting. This makes sense, as the miner was variously...

There are many different types of malware in circulation, but some of these creations truly stand out. One of the more intriguing ones explains to people that their version of Microsoft Windows "has been banned." Supposedly, the ban is due to users having violated the Microsoft terms of use. This scam is designed to infect computers with malware called "Rogue.Tech-Support." A new version of this malware showed up earlier this week. This particular type of malware goes all the way back to late 2016. At that time, security researchers came across a new type of malware which informed users that their Windows installation had been banned. Anyone with a decent brain will realize this is nothing but a scam rather than an actual threat. Victims who see this message should also realize that their computer has been infected with malware, which is a threat. The dubious message shows up on the lock screen as soon as the user boots his or her computer, along with a mention of h...

It is always good to see more retailers accepting Bitcoin payments. Unfortunately, the process has traditionally been quite difficult, as many businesses still think of Bitcoin as being too volatile. Given the recent Bitcoin price swings, their hesitation is certainly understandable. One Lamborghini retailer near Newport Beach, California is now accepting Bitcoin payments through BitPay. Although this is not an indication of the entire company supporting cryptocurrency, it is still an intriguing development. When people make bank, they often joke that they will buy a Lamborghini with their profits (at least that is the running joke among many Bitcoin investors). When altcoins or bitcoin spike in price, they will net Lambos as a result. Even though it is a bit of an inside joke in the world of cryptocurrency, one car dealer is making it a reality. We also know this Newport Beach-based dealer accepts Bitcoin payments through BitPay. Considering how there is some backlash from the commu...