This morning the infamous investment rating bureau, Weiss Ratings, had an emergency briefing for cryptocurrency investors. Since 1971, the firm has graded everything from stocks to insurance plans. The firm’s newest grading venture is focused around cryptocurrency. The skype meeting this morning was led by the website’s Founder, Dr. Martin Weiss, and supported by cryptocurrency…
On Wednesday, most of the major cryptocurrency prices stagnated and fell slightly. However, the market has now recovered following the big market selloff that occurred earlier this month. BTC/USD In our previous article, it was established that a resistance of $10,875 must be tested for BTC to hit $11,000 once again. Although it did manage…
Etheropoly will be commencing an airdrop for its Telegram members. In advance of its token event, Etheropoly will be holding a crypto airdrop for its OPOLY tokens, and there’s still time to sign up. How to get involved in the Etheropoly airdrop Each participant will receive 100 OPOLY in the airdrop. Step 1: Join the Etheropoly Telegram group (you…
Bitcoin price continues to move here and there amid speculations and price manipulation; the largest cryptocurrency is up sharply from the lows seen during the weekend – leading the broader market rally by a wide margin. Its price climbed as much as 9% in the early trading on Tuesday before retreating later in the session,…
HSBC (NYSE:HSBC) is gearing up to use blockchain technology in live transactions. On the other end of the spectrum, JP Morgan (NYSE:JPM) joins the financial institutions labeling cryptocurrencies as a risk to their business. Two major banking institutions with two different reactions to cryptocurrency. HSBC HSBC may be close to launching several different pilot programs…
The cryptocurrency market as a whole has taken a slight correction, with no specific reason for doing so. There have been crickets lately with new worldwide government regulations, which is a great thing as those announcements have driven crypto prices down exponentially in the past. With prices down today, there are still a few coins…
Cryptocurrency Anonymity – is this the future of criminal activity? Bill Gates believes so. The Cryptocurrency revolution has not only raised a red flag for banks and the global financial system, the invasion of virtual currencies has been threatening tax collection and anti-money laundering initiatives. Criminals, tax evaders, and terrorists are effusively capitalizing on the…
What is happening to crypto? Cardano (ADA), Stellar (XLM), and Litecoin (LTC) all suffer losses on the crypto market today. There are more coins down than up at the moment; however, there also aren’t any major losses across the board. Dentacoin (DCN) has experienced the greatest percentage loss currently, losing 12.77% in the past 24…
Cryptocurrencies are one of the most substantially volatile investments in the world. The investment in Bitcoin (BTC) and other digital currencies has the potential to generate big profits for investors but the risk of losing the entire investment is equally high.These currencies have the history of making volatile upside and downside movements – they can add…
Traditional Financial Systems all around the globe are among the most significant critics of cryptocurrencies, amid the emerging possibility that cryptocurrencies can steal a massive amount of market share from banks in the days to come. Cryptocurrencies don’t require any intermediation for processing the transaction; this phenomenon allows digital currencies to complete the transaction in…
