Crypto Exchange Binance to Offer Fiat-Crypto Trading via Malta-Based Platform
Binance announces upcoming euro-crypto trading through separate Malta-based exchange Go to Source Powered by WPeMatico
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Bitcoin Price Watch: Currency Sits at $7,600
At press time, nothing has changed regarding the bitcoin price. The father of cryptocurrencies is sitting at $6,700 – a price it has held for roughly 24 hours, and recovery doesn’t appear imminent anytime soon. The mega-drop that hit the asset during yesterday’s morning hours stem from two likely sources. The first is the hack … Read more
Large Passenger Bus Companies in Brazil Start Accepting Three Cryptocurrencies
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
Buy the FUD: Mainstream Media Convinced Coinrail Hack Caused Crypto Price Plunge
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
Bitcoin Price Fell 11% in 24 Hours: What Triggered the Fall and What Lies Ahead?
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
Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency
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
More Japanese Public Companies Entering the Crypto Space
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
Russian Court and Customs Prevent Import of Crypto Mining Equipment
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
Bitcoin Price Watch: Currency Tanks by Nearly $1,000
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
Down We Go: $38 Billion Evaporated as Bitcoin, Altcoins Net Double Digit Losses
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