Bookmarking Crypto Insights
Auto Added by WPeMatico
Two major passenger bus companies in Brazil have started accepting cryptocurrency payments for ticket sales. The companies say they are the first in the sector to accept crypto payments in the country. One of them has more than 800 buses; the other claims to have the newest and most modern fleet in Brazil. Also read: Yahoo! … Read more
Mainstream media misleadingly points to hack of small S. Korean exchange Coinrail as cause of current crypto market dip Go to Source Powered by WPeMatico
Many analysts and mainstream media outlets including Bloomberg and WSJ have attributed the recent decline in the bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind the attribution of the latest correction to Coinrail is incorrect, given that Coinrail is … Read more
The U.S. Fed needs to seriously look into issuing a digital currency, despite risks for credit availability, says former FDIC Chair Go to Source Powered by WPeMatico
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Publicly traded companies in Japan are increasingly seeking to enter the crypto … Read more
A Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian … Read more
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially hit $8,000 again in the … Read more
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have similarly followed suit. Last night, … Read more
There have been numerous allegations regarding Bitcoin and cryptocurrencies being used for nefarious activities. Making any of these charges stick has been a bit more difficult than anticipated, although there are some key statistics which all users need to be aware of. Turning illicitly obtained funds into ‘legal’ currency is a very difficult process these … Read more
Coinbase takes significant steps to become an SEC-regulated broker, the SEC creates a position for crypto regulation, and a Wall Street firm opens BTC futures trading — read more about these adoption wins in this week’s Hodler’s Digest Go to Source Powered by WPeMatico