Bitcoin

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IMF Chief Envisages Large-Scale Shift Towards Cryptocurrencies

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IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The … Read more

Bitcoin Price Watch: Currency Jumps Back to $8,100

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At press time, bitcoin has recovered to $8,100 after trading between $7,900 and $8,000 24 hours ago. One of the primary reasons for yesterday’s $400 drop may be Kraken’s recent announcement that it was pulling out of Japan. The San Francisco-based cryptocurrency exchange previously entered the country’s digital currency arena to assist Mt. Gox, the … Read more

Price of Litecoin, Stellar, EOS Surge Amid Strong Market

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As Bitcoin holds above US$8,000, altcoins are seeing increasing support and continual growth. The past week has shown the first sustained period of growth in recent months, as the global cryptocurrency market cap has seen more than 25% growth since last Tuesday. Bitcoin (BTC) has seen a modest increase of 1% in the past 24 … Read more

Cryptocurrency Exchange Kraken Withdraws from Japanese Market

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Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services … Read more