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At press time, the father of cryptocurrency is standing its ground at $6,300. The past two weeks have been a series of up-and-down dilemmas as bitcoin has fallen to $6,200, then $6,100, then down to $5,800, putting many investors in a state of terrible unease. Its sudden spike to the $6,300 range is giving many … Read more
The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to 25. Other rules include the requirement for each crypto exchange to invest at least US$1 million within 2 years. The authority has reportedly received about 60 applications from crypto companies so … Read more
Tether releases more tokens and the markets hold their breath, Facebook brings back crypto ads but keeps ICO ads out, and more top news in this week’s Hodler’s Digest Go to Source Powered by WPeMatico
In this week’s editions of Bitcoin in Brief we’ve covered a number of interesting developments in the crypto space. Several prominent exchanges have announced plans to increase their presence in new markets and locations, while a newly launched platform aims to rate them according to their liquidity, security, and volume. The weekly roundup also mentions … Read more
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News.Bitcoin.com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. Also read: Yahoo! Japan … Read more
The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi … Read more
Floods in China’s Sichuan province, caused by two days of heavy rains, have reportedly resulted in the destruction of “tens of thousands” of cryptocurrency mining devices Go to Source Powered by WPeMatico
Travel booking platform Expedia has stopped accepting bitcoin (BTC). A company representative confirmed the policy change, while stating that various payment options are being continuously evaluated without elaborating on the details. Expedia has been supporting bitcoin payments since 2014. Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo Expedia Confirms Suspension of BTC … Read more
At press time, the father of cryptocurrencies has jumped by $500 in just 24 hours. Yesterday, the coin had fallen to its lowest point in months, and was trading at $5,800 for most of the day. Many analysts were skeptical about potential recovery, and were certain a bear period was likely to mar bitcoin’s progress … Read more
Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across … Read more