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Over the past year and a half bitcoin and cryptocurrencies have caused a serious hype that’s stretched a bit into the mainstream. These days people hear about digital currencies more often and one reason is due to all the fantastic crypto-infused products that have invaded pop culture. Cryptocurrency clothing, knitted sweaters, socks, coffee mugs, and … Read more
Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up. Also read: Bitcoin Businesses … Read more
Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin exchange MtGox as the first … Read more
Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of speculators are attributing the dump to the recent measures taken by Japan’s Financial Services Agency (FSA), asking cryptocurrency exchanges like Bitflyer to make improvements to the Japanese trading platforms’ anti-money laundering practices. Also … Read more
On June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and possibly … Read more
This week the Bitcoin Cash (BCH) community had found that two trademark filings for the phrase ‘Bitcoin Cash’ were registered with the United States Patent and Trademark Office (USPTO) over the past year. One trademark filing was registered with the USPTO on May 18, 2018, but the individual who registered it is an accused con-artist … Read more
Bearish momentum appears to be accelerating across the cryptocurrency markets following the failure of BTC to hold above the long-term ascending trendline dating back to July 2017. As of this writing, the BTC markets appear to be falling to test support at the $6,000 USD area after forming a large descending triangle. The leading alternative … Read more
Justin Sun, the founder of “decentralized web” altcoin Tron, has reportedly taken over Bittorrent Inc, the San Francisco-headquartered company founded in 2004 to manage the ongoing development of the Bittorrent peer-to-peer file sharing protocol. Also Read: Bitcoin in Brief Tuesday: POT Saves World, Coinbase Pumps ETC, Binance Wants EUR TRX Founder Buys Bittorrent Justin Sun, a former … Read more
Up until just hours ago, Bitcoin and altcoins have had a relatively quiet week. An extended sideways trend has kept volatility at impressive lows. However, recent price action on Bitcoin may have awakened the charts back to massive fluctuations that typically define cryptocurrency markets. Earlier today, global cryptocurrency markets were poised to exit the week … Read more
At press time, bitcoin is trading at the $7,700 mark. This is the highest it’s been in several days after suffering through several small, but noticeable drops that brought it down to $7,300 during Tuesday’s early morning hours. One of the biggest bitcoin pushes recently came from an unlikely source: the SEC. Chairman Jay Clayton … Read more