Will the G20 Summit give support to cryptocurrencies? Bans, criticism, and regulatory interference have intensified the debate over the fundamentals of cryptocurrencies. The prices of digital currencies have been sliding steadily over the last two weeks on crypto exchanges; BTC price has hit $7,000 on Sunday before paring some losses later in the day and extending…
In the aftermath of the Coincheck hack, Monero (XMR), Dash, and Zcash (ZEC) are now being dropped by the Japanese crypto exchange. According to The Japan Times, Coincheck is dropping anonymity-centered cryptos. This decision is likely a result of the “business improvement orders” issued by Japanese regulators, the Financial Services Agency (FSA), as reported by CNBC.…
The cryptomarket can be very lucrative for those who are willing to take risks. It can make you rich in a year, but just as easily can ruin you in a week, so always remember before you ventur into the crypto world:“Don’t invest more than you can afford to lose.” We checked out the top…
Key Highlights: Ethereum recovered from its three-month low, now trading at around $530 Risk still remains, as investors could still be looking to “dump” ETH even more ETH is currently on a bullish run, breaking above the $530 level as of now ETH/USD Bounces Back, But Further Risks Ahead Ethereum price bounced back from its…
When Matt Blaze, a cryptography, and cybersecurity enthusiast, decided to create his website in the 1990’s, he surely felt comfortable joining the “.com” trend. A website that only served to publish his documents and research, without any interactivity or attractiveness for the everyday user simply made Mr. Blaze look like a geek with a website.…
President Trump has officially signed an executive order forcing sanctions against Venezuela. The country holds a “petro” cryptocurrency that is even controversial within its own countries’ government. Earlier this month, Rafael Guzman, chairman of the Economic and Finance Commision, said in a statement. “This deepens the crisis that we are living in. The PTR is…
Analysts and market participants aren’t yet able to create the price prediction formula for cryptocurrencies; the market forces are divided on how these new assets will perform– some are calling for steady price growth, and others are seeing the price to fall to zero. Meanwhile, the idea of correlating cryptocurrencies with Giffen goods seems to…
Toward the end of last week, Bitcoin price rallied back to the $8,500 level, and although it slid below $8,000 over the weekend, the coin managed to return to $8,500 on Monday morning. The upward movement was likely a result of Bank of England governor Mark Carney’s letter released to G20 members ahead of their…
On March 9, 2018, documents distributed at the tenth creditors’ meeting of the infamous exchange, Mt.Gox, went public. They revealed a series of multi-million dollar sales of Bitcoins. According to the documents, its bankruptcy trustee, Mr. Nobuaki Kobayashi had claimed to be the author of those sales. The document with Kobayashi’s textual words read as follows: “Between the 9th…
On March 9, 2018, documents distributed at the tenth creditors’ meeting of the infamous exchange, Mt.Gox, went public. They revealed a series of multi-million dollar sales of Bitcoins. According to the documents, its bankruptcy trustee, Mr. Nobuaki Kobayashi had claimed to be the author of those sales. The document with Kobayashi’s textual words read as follows: “Between the 9th…
