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The Hidden Reason Behind Bitcoin’s Increasing Fees: Darknet Mixers

As Global Bitcoin Exchanges Suffer From Increased Use — Darknet Marketplaces Are Also Busier Than Ever As much as people don’t like to talk about it, bitcoin has been used widely across DNMs across the deep web for years. Many people believe the lion’s share of bitcoin transactions come from DNM sales. Since the inception of the first DNM — the Silk Road — illicit narcotic sales have increased exponentially. Furthermore, two years after the sentencing of the Silk Road operator there are more online marketplaces located on the deep web than ever…

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Exchanges Repeatedly Overloaded During Big Price Movements

The Problems Experienced by Exchanges May Have Contributed to the Intensity of Yesterday’s Crash All eyes have been on bitcoin in recent days, as btc ramped up to establish new highs and test the key area of $3000. When the area failed to hold prices began to retrace – triggering a crash of up to approx. 20 percent in just a few hours. Kraken, Coinbase, Gdax, and Poloniex were all reported to be experiencing technical difficulties during the crash – leaving many traders unable to manage or exit their positions. The problem…

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Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin

‘Due to Popular Demand’ Bitcoin.com recently reported on hedge funds quietly investing in bitcoin. An article by Zero Hedge on Monday confirms that hedge funds are actively trading the digital currency. In addition, fund managers that are clients of Goldman Sachs have also petitioned the firm’s chief technician Sheba Jafari to start covering it. Goldman Sachs subsequently released a client report called “GS Techs: Quick BTC” on Monday, according to the publication. “Due to popular demand, it’s worth taking a quick look at bitcoin here,” Jafari wrote, adding that the firm’s…

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