Crypto Markets Remain Sluggish, While Staving Dramatic Losses
All of the top ten coins by market cap are in the red today, showing losses of between 1 and 4 percent over the 24 hour period to press time Go to Source Powered by WPeMatico
Month: June 2018
Bitcoin Price Watch: Currency Drops Back to $7,600
At press time, bitcoin is trading for just over 7,600. This is a near $60 drop since reaching yesterday’s high of $7,700. Though small, the currency has ultimately failed to defend this new line, leading analysts to wonder if $8,000 is no longer doable in the short-term. One source suggests that a triangle pattern is … Read more
Bitcoin Cash Roundup: New Apps, Announcements and Developments
This week, the decentralized cryptocurrency Bitcoin Cash has seen some market gains and there’s also been a slew of new announcements and development over the past couple of weeks. Currently, the price per BCH is around $1,120 after dropping below the $1K range the week prior. Moreover, since the fork this past May the BCH-ecosystem … Read more
South Korean Crypto Exchange Bithumb Cleared by Government
After an intense and extensive investigation, South Korean government has cleared Bithumb crypto exchange of any wrongdoing Go to Source Powered by WPeMatico
Indonesia Plans to Give Bitcoin Legal Status as a Commodity
Regulatory developments involving cryptocurrencies are always worth keeping an eye on. In Indonesia, there has been a lot of confusion regarding the future of Bitcoin and similar currencies. The Trade Ministry’s Futures Exchange Supervisory Board has finally rendered a verdict in this regard. Cryptocurrencies are commodities, regardless of what the country’s central bank may think. … Read more
PR: EO Obtains Licenses for Crypto-Fiat Exchange and Wallet as Its Initial Coin Sale Continues
EO, a four-platform-ecosystem has obtained two licenses to for its upcoming crypto fiat exchange and wallet. This makes it one of the first crypto-based companies to receive a license prior to launching of its crypto products and it can officially allow the use of fiat on its upcoming crypto exchange, crypto wallet and online trading … Read more
Binance’s Ella Zhang: The ICO Bubble Needs to Burst
The initial coin offering industry has been well received by a lot of people. Regulators and major investors, on the other hand, remain concerned that it is a bubble waiting to burst. Binance’s Ella Zhang, who heads the company’s venture fund, is hopeful that the bubble will burst sooner rather than later. Ending the ICO … Read more
Data Shows Switch From ‘Hodlers’ to Speculators in Bitcoin in Last 6 Months
The number of short-term speculators now nearly equals the amount of long-term investors, new data from Chainalysis shows Go to Source Powered by WPeMatico
South Korean Hospital Now Accepts Virtual Currency
Getting more businesses to accept cryptocurrency payments has been a very big challenge. So far, it seems most mainstream businesses have very little overall interest in the cryptocurrency industry. KMP Health Care Seoul, on the other hand, will offer medical services to customers who pay using cryptocurrency. South Korea Continues to Surprise Even though Bitcoin … Read more
ADAMANT Messenger integrates crypto transfers into chat rooms
You may have heard about the ADAMANT project, a private-messenger operating entirely on a blockchain (unlike false-claim projects). If earlier the advantages of using cryptocurrency technology in a messenger were questionable: ADAMANT has justified the rationality of such a decision. The project team has set an ambitious goal to ensure the transferring of cryptocurrencies: Ether, … Read more