In the world of virtual money there many people that own cryptocurrencies as a form of investment. The reasons for this may vary from protecting oneself from the inflation that affects fiat money, to speculating on the future of money itself. Whatever the goal may be, one should …

Following the bankruptcy of Mt.Gox, Japan is now about to clarify their view on Bitcoin. The Japanese government doesn’t consider Bitcoin a currency, and this is unlikely to change. But this doesn’t automatically make Bitcoin a commodity either.

According to data from Coinmarketcap, the Icelandic cryptocurrency Auroracoin has now passed Litecoin in market capitalization. This would make it the second most valuable cryptocurrency after Bitcoin, following a massive spike of interest from investors during recent days.