Bitcoin News

Bitcoin Opinion Pieces

If you need the best bitcoin features, here you will find the latest opinion pieces from the Bitconnect team on bitcoin and other digital currencies.

  • Goldman Sachs thinks Bitcoin could soon be worth nearly $8,000

    Bitcoin’s star seems destined to continue to rise. It has grown more than 500%in this year alone, with no sign  that trend will be abating anytime soon. It also seems to be gaining traction outside of the crypto industry, with investors hoping to catch a ride on the Bitcoin express. Hoping to facilitate this, CME, the world’s largest exchange, r
  • Bitcoin: cryptocurrency or virtual commodity?

    When someone mentions the term “Cryptocurrency” your mind can’t help but immediately think of Bitcoin. After all, it is the most expensive and well-known currency. Taking just a quick look at the markets will show you that its popularity isn’t abating anytime soon. However, according to Allianz Chief Economic Advisor, Moh
  • Tezos Takes A Hit As Founders Battle Over Fund Control

    ​Initial coin offerings (ICOs) have been one of the most talked about, and potentially most controversial, aspects of the cryptocurrency world during 2017 to-date. The potential for fraud has long been touted as a major risk factor associated with taking part in an ICO but, even with these risks in place, many individuals have been quick to allocate capital to
  • Here's What Just Happened With Jameson Lopp

    ​The ongoing debate as to the future of bitcoin from a technological perspective is very much a hot topic right now but, to date, while heated, the debate has been somewhat civil. Of course, there are certain individuals (generally) online that like to make their feelings heard and, as is often the case, said feelings can be somewhat aggressive. However, as noted civility has d
  • President of the European Central Bank: Bitcoin Cannot be Prohibited

    Mario Draghi, the President of the European Central Bank (ECB), the central bank for the euro and administers monetary policy of the eurozone including 19 countries, has stated that it is not in the power of the ECB to prohibit or regulate bitcoin. At a meeting with members of the Committee on Economic
  • Prominent Wealth Advisor: US Banks Feel Threatened by Bitcoin

    Rainer Michael Preiss, the executive director at Taurus Wealth Advisors, stated in an interview with CNBC that US-based banks and their CEOs feel threatened by the growing adoption and popularity of bitcoin. Earlier this month, Jamie Dimon, the CEO of JPMorgan, the world’s largest investment bank with a $332 billion market cap, was criticized by b
  • Here's Why Jamie Dimon Doesn’t Matter

    So the head of JP Morgan, Jamie Dimon, just went on record as saying bitcoin is a fraudulent asset and that it's destined to fail. Price is down somewhere in the region of 5-10% depending on what exchange you are looking at subsequent to the announcement and sentiment is considerably weaker right now than it was just
  • Bitcoin is No Longer a Currency For Online Criminals and Fraudsters

    Although bitcoin is decentralized, uncensorable and distributed in nature, it is not anonymous. In fact, the decentralized and open ledger of bitcoin allows anyone within the network to transparently access transactions through blockchain explorer platforms. Over the past three years, the bitcoin indus
  • Vinny Lingham: Breaches Like Equifax Hack Are Inevitable Without Bitcoin & Decentralization

    Vinny Lingham, the CEO of CivicKey and a prominent bitcoin investor, believes security breaches of massive centralized databases such as Equifax are inevitable. In a statement, Lingham explained that only the decentralization of personal identity through bitcoin and other blockchain-based networks such as Ethereum can prevent the theft of sensitive dat
  • Is China's Dominance In Bitcoin Mining Coming To An End?

    The bitcoin space has had a rough couple of weeks in Asia, with first China and then South Korea dealing what look to be pretty substantial blows to the advance of bitcoin and other cryptocurrencies in the region. We are now heading into the close of this week, however, and fortunes look to be turning around. A fresh bit of news out of Asia has just injected so