Cryptocurrency News
Crypto news
Some 14 Indian banks have joined a blockchain consortium that aims to tap into the blockchain to speed up internal processes. Dubbed India Trade Connect, the consortium is six months old and will facilitate the swift issue of loans over a decentralized protocol. According to Bloomberg, the member banks account […]
In terms of activity, this past week has been no different than any other in the realm of cryptocurrency. With recent SEC and CFTC statements on cryptocurrency, Ripple’s multi-million dollar research fund, and EOS mainnet launch all taking place this week, the beginning of June has certainly been eventful. However, […]
German software company SAP SE has announced the launch of a blockchain platform that will facilitate the development of blockchain enterprise solutions. The blockchain-as-a-service platform will enable developers to build enterprise-level blockchain applications and will support Hyperledger Fabric and MultiChain, the company said in a statement on June 6. SAP […]
At press time, the father of cryptocurrencies is standing its ground at $7,600. The coin has undergone no change over the last 24 hours, suggesting that present support levels are holding up, but that resistance at $7,600 is proving difficult to overpower. One source states that bitcoin is “gathering steam” […]
Cryptocurrencies that are developed with the aim of replacing sovereign currencies such as the US dollar or the Japanese yen like Bitcoin are not securities. This is according to Jay Clayton, the chairman of the US Securities and Exchange Commission. In an interview with CNBC, Clayton also stated that most […]
Google searches for Bitcoin have dropped greatly this year, a reflection of the current turmoil in the market. According to a report by CNBC, searches have dropped by 75% this year from their record highs at the peak of the upward price trend in December of last year. Quoting data […]
There is a lot of speculation taking place where the Bitcoin price is concerned. The expectations for the world’s leading cryptocurrency have never been higher, especially after the crazy run at the end of 2017. Even so, the current momentum doesn’t warrant any major uptrends. Several experts remain confident that […]
Determining the fate of the cryptocurrency markets will always be an impossible task. Nothing ever seems to head in the direction people anticipated at first. Right now, the uneasy sideways trading momentum continues. For the Ethereum price, remaining above $600 will be critical. Ethereum Price Momentum is Relatively Boring It […]
Interesting developments surrounding TRON continue to happen at an accelerated pace. Over the past few months, the project has gotten a lot of attention for multiple reasons. It now appears TRON is making its way to the forex market. A new partnership with Shift Markets will undoubtedly introduce some interesting […]
Russia has always had a rather interesting relationship with cryptocurrency. The government seems to be divided into two camps when it comes to this new form of money. While officials there are making up their minds, it seems various Russian farmers actively engage in “mining” cryptocurrency at this stage. It’s […]
There have been some concerns regarding the Bithumb exchange over the past few weeks. An official investigation was launched by South Korean officials regarding the firm potentially engaging in tax evasion. It now appears the company has been cleared of all charges, which means business will carry on as usual […]
In the cryptocurrency world, there is hardly ever any positive price momentum over the weekend. It seems this weekend may prove to offer something different, as the EOS price has risen by 3.93% already. This makes it one of the bigger “gainers” over the past 24 hours, and seemingly spells […]
Venezuela’s native cryptocurrency hasn’t gotten off to a good start. Although there was a lot of initial excitement regarding the Petro, it seems the introduction of this currency to the masses is not going according to plan. In fact, it is still not part of the secondary market, which raises […]
The world of cryptocurrency is always evolving. Even though some developments seemingly take a lot longer than people would like, that is the nature of this business. The EOS project, for example, is still awaiting the launch of its mainnet. While that is somewhat worrisome, it seems there is a […]
Coinbase is one of the most remarkable companies in the cryptocurrency industry. It is evident the company will continue to have a positive impact on this space for quite some time to come. Its latest venture involves operating as a regulated and licensed broker-dealer. Another Major Coinbase Development While some […]
At press time, bitcoin is trading for just over 7,600. This is a near $60 drop since reaching yesterday’s high of $7,700. Though small, the currency has ultimately failed to defend this new line, leading analysts to wonder if $8,000 is no longer doable in the short-term. One source suggests […]
Regulatory developments involving cryptocurrencies are always worth keeping an eye on. In Indonesia, there has been a lot of confusion regarding the future of Bitcoin and similar currencies. The Trade Ministry’s Futures Exchange Supervisory Board has finally rendered a verdict in this regard. Cryptocurrencies are commodities, regardless of what the […]
The initial coin offering industry has been well received by a lot of people. Regulators and major investors, on the other hand, remain concerned that it is a bubble waiting to burst. Binance’s Ella Zhang, who heads the company’s venture fund, is hopeful that the bubble will burst sooner rather […]