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For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this … Read more
It is a pretty interesting time to be involved in cryptocurrencies. With all of the ups and downs over the past four months, there’s no boring day whatsoever. It seems the TRON price is also gaining a lot of value as of late. As of right now, the TRON price sits at just over $0.065, … Read more
It seems there is no end in sight for the positive cryptocurrency price momentum right now. All currencies remain firmly in the green over the past 24 hours, which comes as a bit of a surprise. The Ethereum price is slowly making its way toward $700 once again, even though this trend is a lot … Read more
Ethereum price continued rising throughout the past 48 hours exceeding $630 at the time of writing of this analysis. On Monday’s trading sessions, the price of ether rose from a day low of around $600 to a day high of $650, which denotes that the market has been moving by recording higher highs throughout most … Read more
As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. Also read: Russian Regulators … Read more
The relationship between Coinbase and WikiLeaks is deteriorating rather quickly. More specifically, Coinbase has blocked WikiLeaks from accepting Bitcoin payments through its store, although the real reason for that decision remains unclear. To retaliate, WikiLeaks has announced a “global blockade” of the payment processor, which will take place next week. WikiLeaks and Coinbase Situation Worsens A lot … Read more
Things are quickly going from bad to worse for the Centra ICO. While it’s a well-known project with celebrity backing, the team running the show has a lot of explaining to do. Three of the co-founders have been charged with fraud despite raising $32 million through the initial coin offering. The Centra Plot Thickens Again In the world … Read more
The Russian government has officially provided a response to the bill that seeks to outline the legal framework for cryptocurrencies. Many flaws and inadequacies were pointed out including unjustified restrictions on Russian residents and foreign investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Response to Crypto Bill The Russian … Read more
It does not happen all that often that exchanges and trading platforms openly provide financial support to specific cryptocurrencies. OK Blockchain Capital, operated by OK Group, will finance emerging blockchain projects. Their current plan of attack calls for supporting the EOS ecosystem and its supernode venture. OK Blockchain Capital Supports EOS For those unaware of the OK Blockchain Capital firm, … Read more
Cryptocurrency hedge funds have become a lot more popular in the past few months. Dozens of firms have set up ways to expose investors to the volatility of the cryptocurrency industry. It now seems Harvard University students have gotten into the game, as four of them have set up the Plympton Capital initiative. The Cryptocurrency Craze … Read more
