Most cryptocurrency holders and investors aren’t happy with the way the markets are evolving as of right now. That is only normal, as the Bitcoin price determines the fate of the rest of the pack. In the case of the Bitcoin price, it seems the dip is nearly over, albeit […]
Crypto
EOS Price: Short-term Squeeze can Push the Value Below $11
It has become apparent over the weekend there is still a lot of negative pressure across all cryptocurrency markets. All of these major currencies are still in the dirt, with the EOS price taking the biggest hit of them all. This most recent 14.24% setback is worrisome for altcoin speculators, […]
$1.1B Worth of Crypto Has Been Lost to Hackers This Year
More than $1.1 billion worth of digital currency has been stolen in the first six months of 2018, according to a report by cybersecurity firm Carbon Black. The report unearthed a thriving dark web ecosystem related to the theft of cryptos in large quantities. Even more worrisome is how easy […]
SEC Director Shares Insight on State of Crypto Regulation
The SEC is very concerned about the possibility of market manipulation in certain crypto trading venues, a senior regulator revealed in an interview with CNBC. Brett Redfearn, the Director of Division and Trading at the SEC, shared insights on the state of crypto industry regulation, ranging from the categorization of […]
Bank of Thailand Exploring Blockchain Tech and CBDCs
The Bank of Thailand, the country’s central bank, is working closely with various stakeholders in the financial services industry to explore blockchain applications in the banking sector. In a speech at the Nomura Investment Forum Asia held in Singapore, Governor Veerathai Santiprabhob was full of praise for blockchain technology, describing […]
R3 Consortium Facing Possible Bankruptcy
Enterprise blockchain consortium R3 is running out of money and could be bankrupt by early next year, Fortune reported on June 7. The startup announced that it had raised $107 million in May of last year, but it has emerged that lavish spending and lackluster performance have pushed the startup […]
Bitcoin Price Watch: Currency Tanks by Nearly $1,000
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially […]
Down We Go: $38 Billion Evaporated as Bitcoin, Altcoins Net Double Digit Losses
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have […]
Valve Will Close OPSkins’ Steam Accounts Due to a Policy Violation
When it comes to the video gaming industry, there are a lot of new opportunities to explore when it comes to blockchain and cryptocurrencies. Not all of those ventures will have a happy ending, which is only to be expected. OPSkins, for example, was recently hit with a cease and desist […]
Brazil’s ABCB Wants Banks to Begin Servicing Cryptocurrency Firms Again
Brazil is not necessarily the hottest region when it comes to cryptocurrency ecosystems. Even so, there appears to be a growing Bitcoin movement in the country. It has become apparent that Brazilian banks do not take kindly to Bitcoin and other currencies, yet they are facing some pushback from the […]
SEC Grows Concerned Over Lack of Self-Reporting in the ICO Industry
The initial coin offering industry has attracted plenty of attention from regulators all over the world. Especially in the United States, there appears to be a major crackdown on schemes which violate securities laws. Even so, the SEC remains surprised as to how few exchanges self-report when it comes to […]
Quebec Temporarily Suspends Electricity Approval Procedure for Bitcoin Mining Firms
Cryptocurrency mining has become very popular in Canada. The country’s abundance of renewable energy and robust power grid infrastructure have made specific provinces very appealing. Unfortunately, it seems things will change in the province of Quebec fairly soon. Energy approvals for mining operations have been halted until further notice. Quebec […]
Bitcoin Price: Dip Below $7,250 Seems Imminent but Won’t Last Long
Today is not a good day for the cryptocurrency markets. Even though volatility has been an integral part of this industry for some time now, this year’s cycle seems to be unrelenting. With the Bitcoin price dropping by 5.17% again, it remains to be seen if the world’s leading cryptocurrency […]
IOTA Price: Massive Decline Can Trigger Major Panic Selling
It is one of those days again where no cryptocurrency market momentum seems to make sense. All markets are in the dirt once again for no apparent reason, with the IOTA price losing a lot of value in the past 24 hours. With a 145% setback in the past 24 […]
Markets Slide as Price of Bitcoin Dumps to $7,300
Up until just hours ago, Bitcoin and altcoins have had a relatively quiet week. An extended sideways trend has kept volatility at impressive lows. However, recent price action on Bitcoin may have awakened the charts back to massive fluctuations that typically define cryptocurrency markets. Earlier today, global cryptocurrency markets were […]
Coinbase Inches Closer to Listing Securities With Three Acquisitions
With the debate on which digital assets should be considered securities and which shouldn’t dominating the crypto universe in recent months, crypto exchanges are taking measures to align themselves with whichever way the law swings. Coinbase is leading in this race with a number of initiatives in recent months that […]
Indian Banks Form Blockchain Consortium for Inter-Bank Transactions
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 […]
Top 4 Blockchain Educational Opportunities
For new and experienced cryptocurrency enthusiasts alike, the world of blockchain represents an entirely new framework. The numerous applications and goals of blockchain technology, while impressive and potentially revolutionary, can also be quite daunting. Fortunately, there are a number of educational opportunities to both aid newcomers in getting their footing […]