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In the world of cryptocurrency mining, plenty of changes have occurred throughout the years. Whereas CPU mining once was people’s only option to generate Bitcoin, things have taken a few interesting twists and turns over the years. To date, CPU mining is pretty much unfavorable, although it may not disappear anytime soon. The new VerusHahs … Read more
Ether is slightly moving down on Friday, Dec 21, trading at $117.18, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Technically, an upward correction is coming. Previously, the price made a new low, although not a key one, then it converged and broke out the previous descending channel resistance. On H4, the ascending trend reached 23.60% … Read more
Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bill Introduced U.S. Reps. Warren … Read more
The Thai Securities and Exchange Commission (SEC) is reportedly planning to ease the country’s regulation for initial coin offerings. The regulator is conducting a public hearing to relax rules on pre-sales and private token sales. The commission has also unveiled plans to prevent the exploitation of token sales. Also read: Indian Supreme Court Moves Crypto Hearing, … Read more
As the Christmas holidays are almost upon us, there will be notable increase in the number of financial scams and phishing attempts. The cryptocurrency industry will be no different in this regard, as there are quite a few new campaigns making the rounds right now. Always be careful when clicking unknown links and receiving messages … Read more
Miners have been attributed to much of the price decline from the US$6,000 range, and they may very well be responsible. When miners flocked to Bitcoin Cash before the SV fork to chase double rewards, Bitcoin started to tumble. As prices continued to drop, so did the number of miners forging blocks. However, they still … Read more
With today’s market action, we are seeing the price of most cryptocurrencies rise on average about 10%. EOS is leading the rally with an over 23% gain in the past 24 hours. The recent price spike for EOS also meant that it overtook Stellar Lumens in the top 4 spot by marketcap. What is EOS … Read more
After a relatively slow weekend the cryptocurrency markets are pumping quite a bit. Most coins are sustaining double digit gains with EOS increasing over 24% in the past 24 hours. Is this finally a sign of recovery? Is this the beginning of the altseason? After a relatively slow weekend where the prices didn’t move much, … Read more
No one is denying that’s it’s a pretty rough time to be in crypto right now. If you’d invested $100 this time last year, you’d now have a grand total of around $16 today. And let’s be honest, many people invested a lot more than that. But while we’re used to (mainly aging) friends and … Read more
The Bitcoin industry has allowed wealthy individuals to do some very unusual things. In most cases however, those developments will not make any media headlines. The literal fiat currency airdrop executed by Wong Ching Kit, a Bitcoin millionaire, will raise a lot of questions. It may be a positive sign for the struggling industry as … Read more