The Economic Times of India’s Global Business Summit took place this week, and it was inevitable that the cryptocurrency sector was going to be one of the topics discussed at length. What wasn’t foreseen, however, was Apple co-founder Steve Wozniak coming forward and saying he was a victim of a bitcoin scam. It’s been known…
In 2017 mainstream media was introduced to Bitcoin, as the cryptocurrency market erupted. As the cryptocurrency continued to grow, investors grew tiresome of not being able to purchase things with their digital tokens. You are now able to purchase homes, vehicles, flights, NBA tickets, plastic surgery, funerals and household appliances with Bitcoin. Now, a Las…
Looks like we have yet another central bank moving into the blockchain industry. Taiwan’s Central Bank On Monday, the world was informed that Taiwan’s central bank plans to start exploring blockchain technology in-depth. More specifically, according to Yang Chin-long, the new governor of the central bank, the small island nation wants to start using blockchain…
Key Highlights: Ethereum price moved higher and hit a high of $895 today ETH is now on a bullish trend approaching the pivotal $900 price level A major support level has been established at $865 Ethereum Moves Higher, Closing In On $900 Ethereum price moved higher on Tuesday, reaching as high as $895. The lowest…
The concept of central bank issued cryptocurrencies is not new. It has been discussed in the bitcoin community since the early days of altcoins back in 2013. However, we have never been closer to witnessing the actual creation of government-issued cryptocurrencies than in 2018. But while it may be easy enough for governments to create…
Yesterday, an immediate cease and desist was ordered by the Texas State Securities Board to the website leadinvest.net. The board is citing that the company has failed to disclose the appropriate information in regards to its cryptocurrency mining, and it’s cryptocurrency specialists in the company. The company is also being accused of selling fraudulent unlicensed securities.…
After falling below the pivotal $10,000 price level this weekend, BTC managed to bounce back above $10,000 this week and is now trading at levels similar to earlier last week. During the past seven-day period, BTC managed to stabilize around $11,000 following the market downturn that occurred in early February. Now, the digital currency is…
NEO and GAS are leading the cryptocurrency market today as the coins with the most percentage gains, but there are a few others trailing right behind. TRON (TRX) Source: CoinMarketCap TRX saw a slight price increase today, as it had a downward trajectory most of last week. On Friday Tron’s founder, Justin Sun, tweeted that…
Financial services firm Circle have today announced that they are purchasing cryptocurrency trading platform Poloniex. Though price details were not included in Circle’s official statement, a Fortune report puts the cost at a whopping $400 million. It also raises Circle’s profile as a cryptocurrency exchange, putting it on the heels of leading platforms Coinbase, Bittrex,…
While bitcoin is becoming an accepted alternative asset class with regulated exchanges, institutional investor interest, and its own futures contracts, the altcoin market is still very much the ‘Wild Wild West’. This is reflected in that fact that, many cryptocurrencies with low market capitalizations and trading volumes are regularly hijacked by so-called pump and dump…
