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It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 could easily be in bitcoin’s … Read more
The first six months of 2018 have seen nearly three times as much crypto getting stolen than in all of 2017, a new report by CipherTrace has revealed. The FBI has also reported a six-fold increase in the number of crypto-related complaints from 2015 to 2017. Criminals have taken to cryptos in earnest as they … Read more
Another day, another crypto-related scam. This time it’s in India, where members of the nation’s congress have demanded a Supreme Court-monitored investigation into a “mega Bitcoin scam.” Calls for the probe are led by senior congressional leader Shaktisinh Gohil, who accuses the top leadership of the country’s largest political party, the Bharatiya Janata Party, of … Read more
Malta, the tiny European island situated in the central Mediterranean Sea, has become the first country to provide an official set of regulations for operators in the blockchain, cryptocurrency and DLT (Distributed Ledger Technology) space. On July 4, 2018, the Maltese Parliament passed 3 bills into law, establishing the first regulatory framework for blockchain, cryptocurrency … Read more
MakerDAO, creator of the Dai stablecoin, announced its partnership with Tradeshift on July 6. Tradeshift, which provides supply chain payments and markets for more than 1.5 million companies in over 190 countries, will add payments through a decentralized marketplace using the Dai stablecoin to fund real-time small business loans. This partnership could help businesses gain … Read more
The coming hours may prove to be crucial for the cryptocurrency industry. With all markets still in the green as of right now, the current situation looks rather promising. Even the Ethereum price is heading in the right direction, as it will seemingly hit $500 again later today. That would be an interesting development for … Read more
Sundays are usually odd periods for cryptocurrencies. In most cases, this is due to some annoying bearish pressure looming overhead. In this particular case, the overall trend is surprisingly bullish. All top currencies are in the green, with the Bitcoin Cash price noting some very strong upward momentum. Bitcoin Cash Price Busts Some Moves It … Read more
Dark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Once on US soil, he will face charges levied against him five years ago in connection with the eventual conviction of Ross Ulbricht (who prosecutors claim was the site’s mastermind). Mr. Davis, should he be convicted, … Read more
The Bank for International Settlements is not a fan of cryptocurrencies, and it hasn’t shied away from expressing its view. Having released a scathing report on why cryptos are a poor substitute for the institutional backing of money less than two weeks ago, the bank’s general manager was at it again, this time calling cryptos … Read more
A Saturday evening in the cryptocurrency world is always interesting for various reason. Although this Saturday has not seen any major bullish momentum, the Binance Coin price is still rising rapidly. Its value has surpassed $14 yet again, whereas all other cryptocurrencies are in the low red. Binance Coin Price Goes up In the financial … Read more
