Bitcoin price failed to maintain the $9,000 price level for the past two days, now trading at around $8,590 as of 12:30 PM EST. For the moment, BTC investors should not expect a major bullish run anytime soon as the market is still feeling the turbulent effects of possible regulatory concerns, as well as the…
Crypto has been a scattered headcase this past week. Here’s an overview of the ups and downs of EOS, ICON (ICX), and Cardano (ADA). EOS EOS is currently up 5.77% in the past 24 hours, selling at $7.03 at the time of writing. Source: CoinMarketCapEOS was also one of the few coins that were up…
Leading into the weekend, the total cryptocurrency market cap is sitting at just over $326 billion USD. Various events this week have cause panic selling but the G20 summit brought some confidence back to investors. The leaders in the summit came to the overall conclusion that there was no immediate need to regulate cryptocurrencies at this time.…
The cryptocurrency market is, without doubt, the most lucrative and profitable market in the history of the world’s economy. Thanks to the development of blockchain technologies, it is possible to conceive of many applications that go beyond the purely economic sphere. The exponential growth rate of blockchain adoption, the constant technological advances and the high…
Welcome to Day 8 of Crypto Madness! We at cryptocurrencynews.com, CCN, are pleased to bring the fans the ICO showdown. Today’s competitors: Truegame ICO vs. Gamblica ICO. Check out Day 7 of Crypto Madness. The Rules Each match-up winner will not be based on the project’s specific concept, whitepaper, or team. Instead, in the ultimate test, the winner will…
The sharp pullback in the price of Bitcoin late on Thursday was attributed to the news that Japan’s regulator had issued a warning to Binance, one of the world’s biggest cryptocurrency exchanges, that it was operating in the country illegally and criminal charges would be filed if it did not cease. There was considerable confusion…
Traders and analysts are divided about the status of cryptocurrencies; some consider them alternative money while others deny them as a medium of exchange. Cryptocurrencies initially emerged as an alternative to traditional currencies, but market opinion has changed significantly after seeing the huge price volatility in Bitcoin (BTC) in particular. Big banks such as…
A bill to Abolish BitLicense in New York? “NOTWITHSTANDING ANY OTHER LAW, RULE OR REGULATION, NO PERSON, CORPORATION, PARTNERSHIP OR OTHER ENTITY THAT CONDUCTS CRYPTOCURRENCY BUSINESS ACTIVITY SHALL BE REQUIRED TO PAY A LICENSING FEE IN ORDER TO CONDUCT SUCH CRYPTOCURRENCY BUSINESS ACTIVITY.” These are perhaps the most beautiful and unexpected words for any New Yorker…
The U.K. government will set up a new task force that will monitor cryptocurrencies and the fintech industry as a whole, which contributes £7 billion annually to the UK economy. On Thursday, Bank of England’s Deputy Governor Dave Ramsden announced that the central bank has “set up a new Fintech Hub that will sit at the…
Bitcoin (BTC) is struggling to extend its uptrend. It soared above 22% and hit the critical resistance level in early trade yesterday – BTC price trades below 9K today. Bitcoin price declined slightly in today’s trade with stiff resistance from bears – who believe regulators will kill illicit activities, which accounts for the significant portion…
