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At press time, the father of cryptocurrency is still trapped in the $6,500 range. After a brief stint at $6,600, the currency took a sudden and unexpected break in its ascension to retreat to its previous position of $100 less. One source says the reason bitcoin consistently drops is because the ideas supporting it are … Read more
At press time, the world’s second-largest cryptocurrency by market value, Ethereum, has failed to gain momentum for the eighth day running and break free from a value range that is limited by $230 on the upside and $224 on the downside. As can be seen from the chart above, Ether is currently trading at $225.49, a … Read more
A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals The Lawsuit South … Read more
Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Yen-Pegged Stablecoin GMO Internet Group announced Tuesday … Read more
Well, after all the hype and hoopla stemming from bitcoin’s $100 spike roughly 24 hours ago, it appears we’ve been fooled once again. Bitcoin is back down to the $6,500 range, suggesting that the currency has truly found comfort in this area over the past few weeks and isn’t as eager to move as we … Read more
As is usually the case in the cryptocurrency world, traders look to either long or short specific coins to predict the market momentum for profit. As of right now, things look very interesting for all of the major currencies, although the market can easily swing either way. According to information from datamish, here are the … Read more
An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto … Read more
In recent news pertaining to cryptocurrency exchanges, images circulating online show Pantera Capital’s Digital Asset Fund had a lifetime-to-date performance of minus 40% as of the end of August, Bittrex has announced the delisting of Bitshares, Bitcoin Gold, and Bitcoin Private, and Indian cryptocurrency exchange, Bitbns, has been accused of falsifying its trade volume. Also … Read more
At press time, the price of bitcoin is still refusing to budge, and remains solidly in the $6,500 range. The currency continues to move in a sideways motion, and there’s no telling when – or even if – bitcoin will do anything different in the coming weeks. Bitcoin bull and creator of the cryptocurrency merchant … Read more
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests … Read more