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The U.K.’s Financial Conduct Authority (FCA) has reportedly provided an update of its investigations of crypto companies. A total of 67 inquiries were launched, 49 of which have been closed, leaving 18 businesses currently under investigation. The UK government has reportedly said it is ready to give power to the FCA to regulate the crypto … Read more
Bitcoin’s reported average daily price change this year is the lowest value in the past 9 years Go to Source Powered by WPeMatico
On the cusp of the new year, most of the top 20 coins by market cap are solidly in the red, with losses capped below 6 percent Go to Source Powered by WPeMatico
Two companies mining cryptocurrencies have topped a list of the largest consumers of electricity in Georgia. In this crypto-friendly nation, however, that’s not necessarily a sin or a disadvantage. Energy-intensive enterprises in the Caucasian country purchase the power they need at wholesale prices. Also read: Huobi and Major Russian Bank to Provide Legal Help to … Read more
If we want to see another bull run where the crypto market explodes to over 1 trillion dollars, we need to have more use cases for the various cryptocurrencies out there. While there are quite a few high quality killer apps for Bitcoin and other coins, their userbase is nowhere near what it needs to … Read more
In today’s roundup of crypto chatter, Chris Troutner and Andreas Brekken play around with the idea of building an algorithmic stablecoin on BCH. Vin Armani debates with Painted Frog on Bitcoin’s similarities to Visa. Also, Paul Sztorc thinks that understanding Austrian economics is not that important to comprehend Bitcoin. Also read: Developer Paul Sztorc Launches the First … Read more
South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for … Read more
Securities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency. The project’s “powr” crypto has fallen 90 percent in value over the past year amidst bearish market conditions. Also read: Russian … Read more
As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more
As the year 2018 is almost over, there are some high expectations for the Bitcoin price moving forward. This past week has seen multiple signs of an impending bull run, although it may prove difficult to remain above $4,000 for the foreseeable future. The following three charts all paint an interesting short-term outlook for the … Read more