Reserve Bank of Zimbabwe Defends Decision to Shut Down Crypto Exchange

The Reserve Bank of Zimbabwe (RBZ) has filed an affidavit with the country’s High Court seeking to have the court uphold its decision to shut down the country’s largest crypto exchange, Golix.com. The RBZ filed the affidavit through its governor, John Mangudya, on June 8, reports local media outlet Pindula News. The country’s financial services … Read more

As Bitcoin Futures Volumes Increase Credit Agencies Look to Downgrade Dealers

This past April, news.Bitcoin.com reported on the Bitcoin futures markets offered by the two derivatives giants Cboe and CME Group and how contract volumes were steadily rising. This month, while BTC-spot prices slide to significant lows, both futures products from these two companies are still seeing increased demand for contracts. Also Read: A New Cryptocurrency Radio … Read more

Bitcoin Price Watch: Currency Falls By $500

In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate we were all hoping to … Read more

Apple Bans All Cryptocurrency Mining Applications from Its App Store

A very worrisome trend has begun taking shape as far as iPhones are concerned. Various consumers have begun using these devices to mine cryptocurrencies. Not only is this unprofitable, it will also destroy one’s hardware. As such, Apple has banned cryptocurrency mining applications from its App Store altogether. A Smart Move by Apple It is … Read more

Coinbase Cryptocurrency Index Fund Now Open For Investment

Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase … Read more

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