Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign […]
Crypto
Bitcoin Price Watch: Currency Falls By $100
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first […]
Western Union Isn’t Impressed with XRP Despite Completing Just 10 Transactions
Ripple is making a lot of inroads in the financial sector. Service providers and banks all over the world are showing a keen interest in its technology and native XRP asset. However, there are some concerns with XRP which few people had taken into account at first. Western Union CEO Hikmet […]
Indian Government’s Cryptocurrency Panel Doesn’t Aim to Ban Bitcoin
India is a very peculiar country when it comes to cryptocurrency and blockchain technology. With a lot of conflicting reports regarding the future regulation of this industry, anything and everything could still change in the near future. It now seems the government may prepare to overturn the “ban” on cryptocurrency […]
Researchers Claim Tether and Bitfinex Manipulated the 2017 Bitcoin Price Surge
Rumors regarding Bitcoin and price manipulation have been present for quite some time. It seems things are accelerating in this regard, with multiple investigations taking place as of right now. A new study indicates that Tether may have been involved in market manipulation in more ways than one. The Tether […]
Japan Cracks Down on Malicious Cryptocurrency Mining Operations
There has been a global increase in the number of malicious cryptocurrency mining attempts. In Japan, the situation has become so dire that the government has decided to get involved. It has authorized police officials to charge people with mining cryptocurrency without consent. Ending Illicit Cryptocurrency Mining Over the past […]
Another Unknown Cryptocurrency Tries to Break Ground in the eSports Industry
It is only a matter of time until the eSports and cryptocurrency industries come together in a meaningful way. While there will be no immediate impact on Bitcoin per se, it seems other currencies are making a mark. China-based Fujian eGaming Tournament Group has tapped Asura Coin to enhance its […]
EOS Price: Uptrend Remains in Place as $11 is a Likely Target
After yesterday’s seemingly sudden market correction, it is evident the cryptocurrency markets will resume their slump soon enough. For the EOS price, everything is still looking pretty good mainly thanks to a medium-sized gain in the past 24 hours. With a value of just under $11, this market will be […]
Ethereum Price: Most Gains Above $500 Have Been Wiped out Already
The past 24 hours have been relatively exciting for most cryptocurrency markets. Although the dust has yet to settle and the bearish pressure is far from over, there are some small gains to look into. The Ethereum price, for example, finally climbed above $500 again, even though most of its […]
Top 5 Platforms Where World Cup 2018 Meets Cryptocurrency
World Cup 2018 is here! For sports enthusiasts within the cryptocurrency space, there are a number of opportunities to combine both their passions. As blockchain technology enables individuals to connect with one another and events throughout the world in ways never before seen, there are a number of exciting opportunities […]
Coinbase Remains a Kingmaker for Cryptos
Coinbase recently announced that it would be adding support for Ethereum Classic (ETC), a hard fork of Ethereum. The announcement caught the crypto community by surprise, as the exchange had repeatedly made it clear that it would not be adding any digital assets in the near future. However, the reaction […]
UK Regulator Advises Banks to “Enhance Your Scrutiny” When Dealing with Crypto Firms
The Financial Conduct Authority, a financial industry regulator in the UK, has called for appropriate caution and enhanced scrutiny from banks as they handle firms engaged in crypto trading. In an open letter to CEOs, the FCA’s Executive Directors of Supervision, Megan Butler and Jonathan Davidson, listed a number of […]
Ireland Aims to Become Blockchain Hub with New Initiative
The Irish government is seeking to promote the research and development of blockchain technology in the country, the Irish Times reported on June 11. The initiative is being led by IDA Ireland, a state agency charged with attracting foreign direct investment to the country. Dubbed Blockchain Ireland, the initiative will […]
Bitcoin Price Watch: Currency Shoots Up to $6,600
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back […]
Satoshi’s Place Is Grabbing Everyone’s Attention
The past few days have been riddled with pretty disheartening price movements, as global cryptocurrency markets have declined by 20% since last week. However, these movements are not indicative of the growing progress in the space. If your attention hasn’t been totally consumed by the markets, you likely have heard […]
SEC Rules Ether not a Security, Markets Explode
Whether or not Ether is sanctioned as a currency under US jurisdiction has been a major point of speculation and uncertainty since the SEC first began its more active stance on cryptocurrencies and ICOs. As the Ethereum platform represents one of the first major ICOs, the future of platform rested […]
Four Cryptocurrency Projects That Hit Deadlines
There is a belief in startup culture that pushing back or missing a deadline is not the worst thing that can happen. With new technology and unexplored territory, it’s understandable that obstacles arise and sometimes objectives are heftier undertakings than imagined. In the world of cryptocurrency, this phenomenon is perhaps […]
Amazon Fire TV Devices Have Their Own Dedicated Crypto Mining Malware
Malicious cryptocurrency mining applications take many different forms these days. While they’re mainly targeted at Windows and mobile users, it seems a new virus is making the rounds. This particular malware is problematic, as it targets Amazon Fire TV devices, which is a rather unusual development. Amazon Fire TV Devices […]