Bitcoin (BTC) price jumped substantially last month after finding support around $6,000 in early February; the solid Bull Run in prices was supported by lower than expected regulatory actions from the U.S. and South Korean authorities. Though analysts and regulators had issued several bearish predictions last month, bulls successfully kept prices around $10,000, and they…
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,…
Cryptocurrencies have faced some harsh scrutiny over the past couple of months. From crackdowns in China and Texas to ICO scams and market slumps, digital currencies are becoming increasingly infamous. And now, Microsoft co-founder Bill Gates has voiced a particularly startling criticism of the technology. In a Reddit AMA (Ask Me Anything) today, the software…
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…
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…
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,…
Bitcoin’s bull run failed to break the resistance level of $12000; BTC fumbled for the second straight day and wiped almost $1800 off in the last two days alone – investors are now looking for the new support level. It seems more bearish comments may have a part to play in the current selloff – Bitcoin…
Is Bitcoin (BTC) the reason behind the crypto selloff? The crypto market has experienced some major losses in the past 24 hours. At the time of writing, all coins but two within the top 100, are down right now. To get a taste of the bloodshed, take a look at the data from CoinMarketCap: Source: CoinMarketCapThe…
The Bull Run Ends: Finally bulls lost their momentum after a two-week rally – which doubled the Bitcoin (BTC) price from the lows seen on Feb 6. Bitcoin, Ripple (XRP), Ethereum (ETH) and the remaining top 20 currencies all posted significant losses today, and only Monero seems untouched by the crash. Bitcoin price was close…
Everyone seems to be interested in Blockchain. It might even be more popular than cryptocurrency itself. Or is that too much of a stretch? Either way, there have been a number of companies and banks announcing pivots into the blockchain sector. Now, it seems the latest to make a move into the industry is Russian…
