bitcoin

Cryptocurrency mining spurs high-end graphics card sales & causing GPU shortages

Cryptocurrency mining spurs high-end graphics card sales & causing GPU shortages

If you've been shopping around for a new graphics card over the last few weeks, you've likely had a very hard time finding any in stock. And if you do find one, it's probably priced well above the MSRP on a re-selling site like eBay or Craigslist. It turns out that graphics cards, especially the high-end type, are in short supply all around the globe, and PC gamers have the rapidly rising trend of cryptocurrency mining to thank.

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Ripple price rise with Stellar: Battling the BTC USD drop tide

Ripple price rise with Stellar: Battling the BTC USD drop tide

After a significant dip in Bitcoin price last week and over the weekend, several cryptocurrencies are on the rise. Notably XRP, the coin for Ripple, saw a 50% rise in value one day, then a fall by around 6% the next. Ripple saw a 70+ percent recovery from the lowest price in several weeks at $0.897 (according to CoinMarketCap.) Meanwhile Stellar XLM grew 53-percent from January 17th to the 18th, then down 8% from yesterday to today.

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Wells Fargo accounts drained as former CEO calls Bitcoin a pyramid scheme

Wells Fargo accounts drained as former CEO calls Bitcoin a pyramid scheme

Former Wells Fargo CEO called Bitcoin a pyramid scheme this week on CNBC's Squawk on the Street. The timing of this talk from Wells Fargo former-CEO Dick Kovacevich ended up being ill-timed, as less than 24 hours later, the bank began to have an "issue" which drained customer accounts. Wells Fargo put out a brief statement on the matter of the computer glitch, suggesting that it was due to Bill Pay transactions that their accounts were either drained completely or in overdraft.

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After the Bitcoin price crash: Now and tomorrow

After the Bitcoin price crash: Now and tomorrow

Bitcoin took a relatively hard fall over the past several days, but began to rise less than 24 hours ago. Along with the return of the bull attitude the most famous cryptocurrency game a few more ramp-ups followed. That means boosts for Ethereum, Litecoin, and Ripple too. But how long will this bounce last, and is it a bounce of the dead cat variety?

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Ripple price crash: Why? Is it over yet? (XRP BTC USD)

Ripple price crash: Why? Is it over yet? (XRP BTC USD)

A crash of the cryptocurrency market took place over the past several days, and Ripple was one coin hit hardest. Ripple's coin XRP took a major hit, falling from $3.29 to $1.10, from about 16,000 Sat Bitcoin to 9902. It's not a pretty situation - but not all is lost. Something more major would have to happen for a total loss to occur.

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Bitcoin price crash: Crypto sharks are circling (BTC USD)

Bitcoin price crash: Crypto sharks are circling (BTC USD)

Bitcoin prices fell this week at a rate the coin hasn't fallen for... a while. Despite this, the drop is a blip when compared to similar drops from previous years in Bitcoin and the whole cryptocurrency market. Now's the time when this happens - now's when the weak hands get shaken out, as they say. Have a peek at some hardcore crypto opinions on the situation below.

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Bitcoin price crash: Oh god is it over? (BTC USD)

Bitcoin price crash: Oh god is it over? (BTC USD)

This morning the crypto market crashed, and masses of traders sold their Bitcoin for USDT. Did it happen because of South Korea? Did China cause this? For traders, the reasons don't really matter so much as the exact timing for the market's turnaround - incidentally, that just so happens to be right around the time this article is set to be published. If your uncle dropped his Bitcoin in the last hour, he's about to be crying.

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Bitcoin is a gold rush: Profit short-term or go broke [Opinion]

Bitcoin is a gold rush: Profit short-term or go broke [Opinion]

Several opinion articles on Bitcoin this week compare the most popular cryptocurrency to Tulips. More specifically, Bitcoin was compared to Dutch Tulip Mania, an early example of a speculative bubble. Bitcoin value may end up in a decline like tulip bulbs were in 1637, but the takeaway is not just that Bitcoin and tulip bulbs are going to rise and fall for the same socioeconomic reasons. The most important takeaway is profit in the short-term - or so I've been told.

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Bitcoin price jacks while Ripple topples

Bitcoin price jacks while Ripple topples

This morning the masses decided it was time to jack up the price of Bitcoin once more. As it's gone the last several times when Bitcoin's price VS USD's gone up, the rest of the market - most of the rest - has gone down. Ripple's XRP coin took a hit just as Bitcoin began to rise, pushing the price of XRP down VS BTC at a rate even faster than it's gone over the weekend.

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Bitcoin price has no place in the bubbles of Tulip Mania [Opinion]

Bitcoin price has no place in the bubbles of Tulip Mania [Opinion]

This week Bitcoin was compared to "other famous bubbles" in the history of sales and stock. In a chart created by Jeremy Grantham, we see several "bubble" situations on some rather bonkers axis, showing each over a period of two years. The chart points directly at Bitcoin going up at a rate much faster than the "other bubbles," ending at zero. But the price of Bitcoin, as they show it here, is measured only in USD.

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KFC Canada offered BTC-themed chicken in Bitcoin Bucket

KFC Canada offered BTC-themed chicken in Bitcoin Bucket

KFC has a wonderful history of getting in on bizarre tech trends, including a food tray that doubles as a Bluetooth keyboard, a meal box that can charge your phone, a VR training game, and even chicken-flavored edible nail polish. The fast food chain's latest promotion attempts to cash-in on the growing Bitcoin craze with a limited time meal that can only be paid for with the cryptocurrency.

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Bitcoin price movement as South Korea fights regulation (BTC USD)

Bitcoin price movement as South Korea fights regulation (BTC USD)

This week South Korean officials announced they were considering banning cryptocurrencies outright. After the price of Bitcoin (and the rest of the cryptocurrency market thereafter) went highly volatile, South Korean officials clarified their earlier statement to attempt to stem panic. Now South Korean citizens are letting their government know what they think about regulation and the officials responsible for the announcement bungle - with threats of politician removal.

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