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According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is stored now prevents BTC from becoming … Read more
In recent news pertaining to cryptocurrency exchanges, the CEO of Chicago Mercantile Exchange (CME) has indicated that the company has no intentions of introducing derivative markets for alternative cryptocurrencies in the near futures; Waves’ decentralized exchange was hacked upon launch; and the founder Pakcoin has attributed Pakistan’s slow rate of cryptocurrency adoption to low literacy … Read more
Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. According to regional … Read more
Over the past week, the U.S. SEC has rejected one Bitcoin ETF application and postponed its decision on another. Watching the markets react to this will allow us to gauge whether the trend has turned positive, or the recent pullback was just a bear market rally Go to Source Powered by WPeMatico
The price of bitcoin has fallen a bit at press time, with the father of crypto trading in the high $8,100 range. This is a small step back from yesterday’s price of $8,205, and probably nothing to be too concerned about. The $8,000 level has proven to be a comfortable spot for bitcoin as of … Read more
New research into the top ten crypto deals in 2017 based on their return on investment has revealed that on average each returned an astounding 136,000% Go to Source Powered by WPeMatico
The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government-Appointed Body … Read more
Cryptos have been hit with major losses across the board in response to the SEC’s rejection of the Winklevoss Bitcoin ETF application, and CME’s rejection of altcoin futures Go to Source Powered by WPeMatico
Will this platform’s controversial move trigger the demise of cloud mining? Go to Source Powered by WPeMatico
Withcoin, a virtual currency reportedly designed for casinos, and listed on the Hitbtc exchange around May, is accused of selling coins using a promotional video propagating alleged lies and misleading information. In April 2018, a video promoting Withcoin went viral on the internet, inviting investors to purchase in advance a coin that was going to … Read more