Bacoin Ridicules the Cryptocurrency Industry for Marketing Purposes

There aren’t that many things which could make Bitcoin or other cryptocurrencies better. To some people, bacon is the answer to everything. With Bacoin now being an actual thing, it is evident the cryptocurrency industry has taken at least twelve steps backward. It is expected that Bacoin will become the go-to cryptocurrency for purchasing bacon. … Read more

CFTC’s Christopher Giancarlo Criticizes Outdated Regulatory Mandate

The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. … Read more

Bitcoin Price Watch: Currency Shoots Past $9,500

After heavy speculation over the past few days regarding whether bitcoin could break newfound resistance levels, the currency has spiked to approximately $9,561 at press time. This is the highest point for bitcoin since it struck $9,000 in mid-March, and it looks as though $10,000 may be right around the corner. Perhaps the biggest pusher … Read more

Coinbase Announces Support for Block Trades and Expansion to Chicago

Coinbase is ready to enter the next phase of being a global cryptocurrency exchange. While they will not drop support for consumer-based trading, they are trying to make inroads among institutional investors. Offering block trades is one way of achieving this goal. Providing users with access to large-scale trading without disrupting the general order book … Read more

Japan’s FSA Wants to Get Monero, Dash, and Zcash Removed from All Domestic Exchanges

Cryptocurrency is legal tender in Japan. There is active regulation in the country which makes Bitcoin and altcoins perfectly legal. That situation has been rather interesting to keep an eye on, as the law is still subject to interpretation. As of right now, the Japanese FSA aims to have cryptocurrency exchanges drop all cryptos which can be … Read more

Plus500 Enables EOS Trading Support Despite Diminished Interest in Crypto

The past six to seven months have been extremely interesting for most cryptocurrencies. With massive gains in late 2017 and steep losses throughout early 2018, making sense of these markets has not always been easy. Plus500, a well-respected online trading platform, is confident the cryptocurrency boom is “over”. It’s an interesting statement, considering that they added support for … Read more