Korean Supreme Court Rules Cryptocurrency Is Asset With Economic Value

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court Has Ruled South Korea’s top … Read more

Bitcoin Price Watch: Currency Down to $7,300

At press time, bitcoin has fallen to roughly $7,300. This is $100 less than where it stood yesterday afternoon, though the currency was trading for as high as $7,500 during Tuesday’s evening hours. The bitcoin arena is something of a mixed bag. For example, China’s president Xi Jinping recently endorsed blockchain technology, stating that it … Read more

Markets Update: Volume Rankings Report for May 2018 – EOS Dominates Leading Exchanges

May witnessed sustained bearish action in the cryptocurrency markets, with many markets giving back most of the gains made during April. When looking at trade volume, we can see that BTC was by far the most traded cryptocurrency, followed by Tether and Ethereum. EOS also saw significant action, rising to become the fourth most traded … Read more

Everything Green as Price of Bitcoin Approaches $7,500

While the second half of May has been burdened by a sustained downtrend, today’s price movements could be seen as a spark for a reversal. After reaching initials lows earlier in the day of just above US$7,000, Bitcoin saw a huge jump to above $7,400, and is continually inching higher. If things play out well, … Read more

Bitcoin Price Watch: Currency Jumps to $7,400

Bitcoin has surprised us all and jumped by approximately five percent in less than an hour. The cryptocurrency was trading for roughly $7,100 during the early morning of May 29, only to incur a spike that saw its price rise by over $300. This is good news, in the short-term… And yet, it appears the … Read more

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