Cryptocurrency News
The market has been on an uptrend in the past two days, gaining $14 billion. Bitcoin is on the cusp of hitting the $4,000 level for the first time in five weeks. Ethereum is trading just a dollar shy of $150, with EOS gaining 30 percent in the past two days. […]
Bitcoin has registered a 4.1 percent growth in the past 24 hours to trade at $3.775 at press time. The surge comes after a rather slow and uneventful week. In the past week, bitcoin’s price was unable to break away from the $3,660 level achieved on February 8. However, since hitting […]
Hackers in Turkey made away with $2.47 million worth of cryptocurrencies. And while this may not be the biggest hack in the recent past, this one was quite unique. The hackers used an online game chatting platform to communicate. As reported by a local media outlet, the crypto exchange detected […]
It’s only February and already, we’ve had one of the biggest announcements in the crypto industry. JP Morgan announced yesterday that it had successfully trialed the JPM Coin. It will use it for its $6 trillion wholesale payments business as well as securities transactions. In doing so, it became the […]
JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every day. It intends […]
Bitcoin is still struggling at $3,600, with the currency unable to break above $4,000 in the past month. However, this is the perfect time to stock up on bitcoin according to Zhao Dong. Dong is a Chinese crypto investor who continues to be one of the largest over-the-counter traders globally. According […]
The crypto industry has drawn comparisons with the cannabis industry quite often, especially in the last year. In 2018, stocks of companies dealing in marijuana skyrocketed following a favorable regulatory framework. This mirrored the 2018 crypto prices bull run. However, in Australia, the police took the association to a whole […]
Have you been wondering which way the crypto market is going to swing? Maybe you are pondering on the best cryptos to buy, and when. No need to analyze the trends anymore. For a fee of $15 every month, you can get accurate advice on which cryptos are going to […]
In 2018, global internet giants took a stand against cryptocurrencies. Google, Microsoft, Snapchat, LinkedIn, MailChimp and Facebook all banned crypto ads from their platforms. The reason they gave was that advertisers were using their platforms to promote crypto and ICO scams. Cryptos took quite a beating from the bans, losing […]
Bitcoin SV grabs the headlines every once in a while. Led by the ever-so-controversial Craig Wright, the project is barely three months old, but it has already made more news than many other projects. This time, it was for the worst possible reason. A user of the Bitcoin SV blockchain […]
The cryptocurrency winter has been one of many contrasts. While some firms have gone out of business and shut down, some have thrived. Celsius Networks belongs to the latter. Based in London, the firm launched just six months ago, but it has grown by leaps and bounds. It has lent […]
We may be in a crypto winter, but this isn’t slowing down Kraken crypto exchange. The San Francisco-based firm announced today that it had acquired Crypto Facilities in a deal worth at least $100 million. This is its largest acquisition to date. Crypto Facilities is a leading crypto derivatives provider […]
It’s a case that has dragged on for over three years, and one that is highly polarizing. A Florida bitcoin trader is set to stand trial by jury for felony charges after a judge overturned an earlier ruling. The man, Michell Espinoza, had initially fought the case, and successfully so. However, […]
While decentralization champions equality, crypto events have been anything but. According to a new report released recently, male attendees have dominated the events at 79 percent. And it’s not just the attendees where the men dominate. The report also revealed that a majority of the speakers are men, sometimes at […]
The battle between Ripple and Swift has been ongoing for quite some time now. The two opponents target the same market, cross-border remittances, and are thus naturally opposed. At a recent conference, the CEOs of the two firms had the chance to make their case, and Brad Garlinghouse came out […]
Last year was the worst yet in regards to crypto crime, a new report reveals. The industry lost more than $1.7 billion to crypto crooks, three times the 2017 tally. In what has become an ever-evolving menace, the thieves have continued to refine their methods. Crypto exchanges are still targets […]
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. Finally, the tone has changed. Today, the Central […]
Hackers have made away with billions of dollars in the past few years. And as it turns out, it may have been primarily the work of two criminal groups. A new report by Chainalysis revealed that the two groups have stolen over $1 billion in successful heists in recent years. […]