Bookmarking Crypto Insights
This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest … Read more
There is still a fair amount of bearish pressure on the cryptocurrency markets as of right now. While all top currencies have noted overall gains in the past 24 hours, the one-hour candles look anything but impressive at this stage. Even so, the Tron price has noted some impressive gains, as its value has risen … Read more
Sundays are usually contrarian days in the world of cryptocurrencies. During this time of the week, there is often price momentum which seemingly contradicts everything else for the past week. Today is no different, as all markets are rebounding after a few difficult days. This is a positive development for enthusiasts, although maintaining this momentum … Read more
China’s government is well known as a crypto hater, and its banishments and pronouncements are the stuff of wild market swings. That doesn’t mean, however, they’re not keeping close eye on decentralized currencies. In fact, according to recent press releases, Chinese authorities are set to publish regular monthly analysis of over two dozen crypto assets, … Read more
Just recently news.Bitcoin.com reported on traders who exchanged “significant” trade volume using the peer-to-peer platform, Localbitcoins, by receiving warnings to upload their identity before they could proceed trading. Now the Localbitcoins organization has updated its terms of service agreement which comes with a few new guidelines concerning ID verification and data retention. Also read: Markets Update: Cryptocurrencies … Read more
GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms … Read more
According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing. Also … Read more
The Eastman Kodak Co. will conduct a token sale for its long-awaited KODAKCoin beginning May 21. The sale will target accredited investors and aims to raise $50 million for the development of a blockchain platform. The New York-based company has already held a presale in which it raised $10 million from investors. The KODAKCoin will be the … Read more
Nouriel ‘Dr. Doom’ Roubini calling cryptocurrency a scam, the mother of all bubbles, and an even bigger bubble than tulip mania (yes, he did) is no longer something new. Roubini has been vocal in his opposition to both Bitcoin, calling it a scam whose intrinsic value is zero; and the blockchain, terming it unnecessary and capable of … Read more
Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this … Read more