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Bitcoin has dropped another $200 from yesterday, and is now trading for about $9,300. This is a $500 drop from the currency’s recent high of $9,800, proving that it was unable to test the $10K line in what was its second attempt since mid-March. While it is disappointing to see such a drop take place, … Read more
South Korea is a very important country when it comes to cryptocurrency. With local trading platforms generating a lot of volume for most top currencies, the regulatory aspect is taking center stage. Although the initial guidelines were a bit harsh, it seems a more lenient approach will be embraced soon. Easing Crypto Regulation in South Korea According … Read more
Bill Gates “would short Bitcoin if there was an easy way to do it,” he told CNBC this week Go to Source Powered by WPeMatico
Over $35 bln dollars were wiped off the crypto markets this weekend, as BTC failed to break the $10k psychological threshold Go to Source Powered by WPeMatico
The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
Central banks all over the world are – for the most part – convinced that issuing their own versions of Bitcoin serves no real purpose as of right now. The Federal Reserve, on the other hand, may have different ideas. One of its former officials is still convinced that the concept of FedCoin holds a lot … Read more
Icelandic police are enquiring whether recently confiscated mining hardware in Tianjin is the untraced equipment stolen in an Icelandic heist earlier this year Go to Source Powered by WPeMatico
The Japanese financial regulator has imposed five new criteria for all cryptocurrency exchanges operating in the country. These rules apply to existing exchange operators as well as new ones applying for registration for the first time. On-site inspections will be conducted on all exchanges prior to approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
CoinMarketCap has quietly removed Bitcoin.com from its Bitcoin page, in the wake of a movement to sue Roger Ver’s “misleading” site Go to Source Powered by WPeMatico
Assuming Bitcoin has a one percent chance of being successful at becoming a global currency, it would not be absurd to consider investing one percent of a given central bank’s foreign exchange reserves Go to Source Powered by WPeMatico