BitcoinAverage Blog

bitcoin price news and analysis

BitcoinAverage.com re-launches with massive upgrade, brand new API & bitcoin transaction tools

The blockchain’s longest running weighted price tool for current and historical bitcoin price information upgrades features

LOCATION, UK, Monday, 17th October 2016 - BitcoinAverage.com, the long-established Bitcoin Price Index, is proud to announce the deployment of version 2 of the site and it’s API featuring the Global Bitcoin Price Index (GBX), Fiat Currency Market Indices, and data on individual exchanges at bitcoinaverage.com

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The smart contract age is here.

It is no longer a dream that code will form and execute contracts. It doesn’t matter whether those contracts are human-to-human, human-to-machine or machine-to-machine.

And it is the blockchain that is making that possible.

As 2015 was coming to a close, members of the blockchain community were throwing about a new term. And the term was DAO. This is the acronym of Decentralized Anonymous Organizations.

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Reward Halving

The last time a Bitcoin Block reward halving happened was on November 28, 2012 (from 50 to 25 bitcoins per block). And that was also the first ever in the life of the cryptocurrency.

By then, many people didn’t know bitcoin, over $1 billion hadn’t been invested in Bitcoin startups and the av...

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Following a May 10th sell off to $445, Bitcoin retraced up this week, pushing up to $460 from a double bottom low at $445. In the past 30 days, price action has been limited to an upper $471 and $434 lower bound. So far, price has been on an uptrend making higher and higher lows within this range, and looks likely to retest $470; a level that has failed 4 times in the past since November 4, 2015. As of writing this, bitcoin is trading at $455.

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Yes, would you use Bitcoin if you knew you would go to prison for a while, as well pay a hefty fine, if you were caught? And this is not about using the cryptocurrency to do illegal stuff like buying recreational drugs or paying a hitman.

The criminal here means simply coming into contact with B...

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