Tag Archives: Cryptocurrency

Bitcoin drops below $6,200 for first time in three months

Bitcoin drops below $6,200 for first time in three months The virtual currency fell to $6,190 for the first time since mid-November, according to Bloomberg News, and represents the latest hammering for a unit that saw a stratospheric 26-fold rise last year. Bitcoin plunged 20 per cent to a three-month low today, its latest sharp … Continue reading Bitcoin drops below $6,200 for first time in three months

Cryptocurrency Markets Move Back Into Green After Substantial Selloff

Cryptocurrency Markets Move Back Into Green After Substantial Selloff Cryptocurrency markets are rebounding today, Feb. 3, following yesterday’s multi-month low in Bitcoin's price. Most of the top 50 coins are in green, with 24 hour gains over 20 percent. In part due to pressure from misleading reporting on regulations in India, the overall cryptocurrency market … Continue reading Cryptocurrency Markets Move Back Into Green After Substantial Selloff

Old hands in South Korea bitcoin market unfazed by threats of ban

Old hands in South Korea bitcoin market unfazed by threats of ban Veterans of the bitcoin market say restrictions would be relatively easy to circumvent Investors in the cryptocurrency market are used to wild moves in the space Expert say a ban might discourage new participants, but anonymity makes it easy for those already in … Continue reading Old hands in South Korea bitcoin market unfazed by threats of ban

Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing

Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing Vietnam became the latest nation state to launch an attack on cryptocurrency, as regulators sided with the alarmists without providing much of a rationale. Vietnam Issues Ban The ban, which applies to all cryptocurrencies not deemed legal tender, was issued … Continue reading Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing

$11 Billion – 24-Hour Cryptocurrency Trading Volume Hits New Record

$11 Billion – 24-Hour Cryptocurrency Trading Volume Hits New Record Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record Volume According to data obtained from CoinMarketCap, the combined 24-hour trading volume of all cryptocurrencies rose to $11.5 billion shortly … Continue reading $11 Billion – 24-Hour Cryptocurrency Trading Volume Hits New Record

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices The U.S. Securities and Exchange Commission (SEC) has issued an investor alert intended to warn the public about companies using claims about initial coin offerings (ICO) to manipulate their stock prices. SEC: Avoid ICO-Related Microcap Scams The alert, which was published by the SEC Office … Continue reading SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

Estonia could offer ‘estcoins’ to e-residents

Estonia could offer ‘estcoins’ to e-residents The proposal to issue crypto tokens would make the Republic of Estonia the first country with an Initial Coin Offering (ICO). What would happen if a country, such as Estonia, issued its own crypto tokens? This radical question is at the heart of an ambitious new proposal that, if … Continue reading Estonia could offer ‘estcoins’ to e-residents

Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It

Cryptocurrency Mining – What It Is, How It Works And Who's Making Money Off It   NVIDIA Corporation's second-quarter earnings released earlier this month, though exceeding expectations, elicited cautionary reaction from the investor as well as analyst communities. Traders bid down the stock by over 5 percent on Aug. 11. One of the reasons cited … Continue reading Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It

Understanding Cryptocurrency – How It Works, What Drives It, Should You Buy It

Understanding Cryptocurrency – How It Works, What Drives It, Should You Buy It   Cryptocurrencies have caught on in the mainstream and have made thousands of people millions of dollars. The most recent boom of Bitcoin now means that if you had invested just $500 8 years ago, you would now be a multi-millionaire. This … Continue reading Understanding Cryptocurrency – How It Works, What Drives It, Should You Buy It

What Would Happen if Cryptocurrency Became More Popular Than Cash

What Would Happen if Cryptocurrency Became More Popular Than Cash? t's not outlandish to think that our current financial system will soon be replaced by cryptocurrency, and the shift will bring about some big changes to the global economy. THE FLIPPENING For a time, Bitcoin seemed unassailable in its dominance of the cryptocurrency market, being … Continue reading What Would Happen if Cryptocurrency Became More Popular Than Cash