The cryptocurrency market has again undergone strict scrutiny after analysts and market players were shocked by the sudden jump in Bitcoin price two days back on Tuesday. The shocking spike in the price generated fear about the high volatility and risk involved in the cryptocurrency market. Investors and analysts, rather than celebrate, have become all…
Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto blacklist. According to an official statement made today, the government body has added seven crypto trading platforms to it. Crypto Blacklist The crypto blacklist is comprised of websites and/or platforms associated with fraud or that show signs of fraudulent behavior. Effectively, these websites are known to…
When people see blockchain, the first thing they probably think of is cryptocurrencies and Bitcoin. No doubt blockchain has been thrust into the limelight by the unprecedented popularity of Bitcoin and the universe of cryptocurrencies, but blockchain is more than just a technology used in transactions. Blockchain, simply put, is a distributed ledger of digital…
It’s been nearly six months in the making and now the US Securities and Exchange Commission (SEC) has finally published its regulatory guidelines for token issuers. Though many questions remain unanswered, crypto enthusiasts have finally got some clarity on the issue of “tokens as securities.” SEC Guidelines The SEC Guidelines focus on tokens and how…
It’s been nearly six months in the making and now the US Securities and Exchange Commission (SEC) has finally published its regulatory guidelines for token issuers. Though many questions remain unanswered, crypto enthusiasts have finally got some clarity on the issue of “tokens as securities.” SEC Guidelines The SEC Guidelines focus on tokens and how…
Bitcoin price is going up again on Wednesday, extending Tuesday’s monster rally of over 15%. Early Tuesday morning, BTC ballooned to about $5,080, breaking its long-term resistance level of $4,200. For months now since its infamous crash last year, BTC has struggled to surpass the $4,200 mark, and this begs the question as to whether…
It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $5,079 USD. Bitcoin Jump: April Fool’s Joke? Bitcoin gained 21% in early trade and has now slightly corrected back down to $4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first place. Now,…
It has been a while since we last saw a major Bitcoin price increase, but Tuesday seems to be a big day for crypto traders as BTC jumped over 20% to cross the physiological mark of $5000 on the Luxembourg-based Bitstamp exchange. Other virtual currencies also rose, with Ethereum (ETH) and Bitcoin Cash (BCH) climbing…
Where Bitcoin (BTC) goes, the rest of the crypto market tends to follow. And with the top ten in green, it stands to reason that Bitcoin price is also faring nicely. In fact, BTC price as of late has been giving investors food for thought. The first three months of 2019 have seen the coin…
The cult of cryptocurrencies is rising with each passing day. But to understand the reason behind this, it is quintessential to know what exactly is cryptocurrency? Cryptocurrencies are digital currencies set up by groups of individuals and secured using cryptography. It is basically a form of digital ledger. Usually, cryptocurrencies are based on the technology…
