Archive for the ‘News’ Category

Coinbase reverses position; will support bitcoin cash after all

Coinbase just published an update that details an apparent change of heart on bitcoin cash: they’re working on supporting it by the start of 2018. This means that if you have any bitcoin that you left in Coinbase’s hands during the hard fork a couple days ago, you’ll get your fair share of created bitcoin […]

Reminder: get your bitcoin out of Coinbase before August 1st!

If you have any bitcoin stored at Coinbase or any other online exchange, it’s probably a good idea to move it into a private wallet that you control ASAP. On August 1st, the Bitcoin network will likely fork into two separate blockchains—which will create a new currency in the process. Everyone that owns bitcoin will […]

Alexander Vinnik arrested; possibly responsible for Mt. Gox hack

Reports are popping up that Alexander Vinnik, head of the popular cryptocurrency exchange BTC-e, has been arrested. So far, the charges of bitcoin-related laundering are vague, but some believe that Vinnik/BTC-e is responsible for the hack and bitcoin theft that caused the demise of Mt. Gox in 2014. BTC-e has been offline for “maintenance” since […]

Global shortage of AMD GPUs due to cryptocurrency mining

If you’re looking to get your hands on an AMD RX 570/580 GPU, you’re probably out of luck—at least for the foreseeable future. News outlets (even mainstream media!) are reporting that AMD GPUs are basically sold out globally due to tremendous demand from cryptocurrency miners. If you’re able to find an AMD RX 470/480/570/580 GPU at […]

ASRock to offer motherboard with support for 13 GPUs

ASRock is demoing a new mining-focused motherboard at this year’s Computex show in Taiwan (tomorrow through June 3rd). The new board is designated the H110 Pro BTC+ and features an incredible 13 PCIe slots (!). Click the image to the left for a preview. ASRock has long been a favorite in the cryptocurrency mining community. Their 970 Extreme4 was a top pick for […]

Litecoin available to trade on Coinbase

Coinbase, widely regarded as one of the largest and most trustworthy cryptocurrency exchanges, has finally added support for Litecoin as of a few minutes ago. Their LTC price is currently all over the place—immediately rising to nearly $35 before backing down into the low $20s (other exchanges are listing LTC at around $20). It’ll be interesting to […]

Bitcoin price hits all-time high

Bitcoin has gained about 15% in value over the past week, putting it at over $1,450 on Coinbase currently. That’s higher than any point since its inception! Ethereum and Litecoin are both also doing quite well. ETH is up roughly 50% compared to just one week ago, and LTC has nearly quadrupled in value since the start of […]

Coinbase CEO confirms Litecoin support coming

Brian Armstrong, the CEO of Coinbase, has confirmed via Twitter that Litecoin support is finally on the way. A recent press release hinted that Coinbase might be eyeing LTC, but this is the first time Armstrong has publicly acknowledged implementation plans. No time frame was mentioned, but this is good news for Litecoin regardless!

Charlie Lee jokingly predicts $14 LTC price, market reacts

Charlie Lee, the creator of Litecoin, tweeted on Monday that he expected Litecoin to hit $14/coin when SegWit* activates. The prediction was tongue-in-cheek, based on obviously funny math, but that didn’t stop cryptocurrency traders from reacting. Litecoin’s price rose 10% shortly after Lee’s tweet, and it’s been steadily climbing since then—to about $12/coin at the time of […]

Coinbase to finally offer support for Litecoin?

A press release from New York’s Department of Financial Services dated yesterday reveals that Coinbase has been granted approval to offer Litecoin services to its users. Coinbase is widely regarded as the premier Bitcoin exchange. Last July, they added support for Ethereum, prompting many to wonder when (or if) support for Litecoin was coming. The […]