Korean Government Expected to Announce ICO Stance in November, Official Says

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision … Read more

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking … Read more

Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

A report authored by researchers from the Henryk Niewodniczanski Institute of Nuclear Physics has found that Bitcoin is maturing. The report, courtesy of the Polish Academy of Sciences in Krakow, concludes that Bitcoin carries “concrete potential of imminently becoming a regular market” and “an alternative to the foreign exchange.” Also Read: Research: Corporations Fail to Deliver … Read more

The Top 3 Cryptocurrencies Remain Stable – BTC, ETH, XRP Price Steady

After a nasty dip last week that wiped roughly $20 billion off cryptocurrency, the top three cryptos remain stable post recovery. The cryptocurrency market capitalization sits at $202 billion, which we first saw back in August. As long as the market cap can remain above the $200 billion level next week, the current support levels … Read more

Bitcoin Price Watch: Currency Likely to Remain Bearish for Now

At press time, the price of bitcoin is unchanged and still lying within the $6,200 range where it’s remained for roughly 72 hours. Many analysts had predicted that bitcoin’s sudden “stability” would in turn lead to bullish behavior. After all, the coin was remaining at $6,500 for several days, and it appeared things weren’t likely … Read more

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