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…
Bitcoin broke through the $11,000 barrier today for the first time since January, hitting a high of $12,500 at one point. It is trading at around $11,071 as of noon EST. Bitcoin’s Recovery Continues Following last week’s run that took BTC past the $10,000 mark and saw the digital coin’s value recover by nearly 30%…
Bitcoin Soars 80%: Bitcoin (BTC) price has been on a rollercoaster over the last couple of months.The lack of underlying value and unpredictable nature of digital currencies continues to stun investors with massive sideways movements. Since showing the considerable upside volatility at the end of last year, bitcoin’s downside volatility led the price to…
Inflating prices through Pump and Dump schemes isn’t new to the stock markets; the unregulated and anonymous nature of cryptocurrencies makes it easier for scammers to manipulate stock prices. NEM (XEM) President Lon Wong believes price manipulation is unavoidable in cryptocurrency markets saying: “Price manipulation is not something new. You see it in mainstream markets as…
Yes, you read that right – it is possible to win a single Bitcoin if you can defeat a new video game that launches very soon. MonteCrypto: The Bitcoin Enigma is set to launch on Steam on February 20th. Steem is a cryptocurrency used to power the Steemit platform; a blockchain-based social media platform aimed at…
