It has been well known that Nobel Prize-winning economist Joseph Stiglitz is not a big fan of bitcoin. At the World Economic Forum annual meeting taking place this week in Davos, Switzerland, he told Bloomberg reporters that bitcoin serves no function other than being useful in illicit activities such as money laundering and tax evasion.…
Those who follow the music industry know that Curtis Jackson — better known by his stage name 50 Cent — was at one time considered one of the most successful and wealthy rappers on the planet. But little do we know is that some of his vast wealth (despite controversies surrounding his bankruptcy filing in…
Stellar (XLM), NEO (NEO), and Cardano (ADA) are all on the rise this morning. Stellar Source: CoinMarketCap Stellar has been on a run since yesterday. The coin is up almost 35%, in just 48 hours. The online payment company Stripe just announced that it may add support for Stellar. Just yesterday, the company announced that…
U.S. Securities and Exchange Commission chairman Jay Clayton has once again expressed his concern with the attitudes and approach taken by many in the legal profession when advising ICO clients. Giving the opening address at the annual Securities Regulation Institute conference in Washington, Clayton said; “My first message is simple and a bit stern. Market…
Source: Stripe Online payment processor Stripe announced on Twitter today, that it will no longer support Bitcoin (BTC) payments on its platform, citing ‘fewer and fewer use cases for which accepting or paying with Bitcoin makes sense’. Stripe product manager Tom Karlo released a gentle-yet-cutting blog post this afternoon outlining the company’s decision to break…
PIVX and Cryptonex are the top cryptocurrencies with the most growth on today’s market. PIVX (PIVX) Source: coinmarketcap.com Privacy coins have been a hot emerging sector among the cryptocurrency space. Monero (XMR) was among the first, along with Verge (XVG). Just recently, PIVX (PIVX), another privacy coin, has been making a name for itself as…
Cryptocurrencies soared in Tuesday’s market across the board, after making sideways movements in the last two sessions, supported by South Korea’s decision to track cryptocurrency trading accounts. The report of adding taxes and tracking trader’s data contrasted with the earlier comments of completely banning the cryptocurrency trade in domestic markets. Ripple (XRP) generated gains of…
ARK is currently the third highest crypto price increase by percentage for the day, having grown by 19.28% in the past 24 hours. Currently, ARK is priced at $6.33 with a market cap of $620,397,894, which ranks Ark as the 48th cryptocurrency by market cap according to CoinMarketCap. ARK’s price has more than doubled since…
Most of the world at this point has formed an opinion on digital currency bitcoin (BTC). Not everyone is willing to share their thoughts with the masses, especially about something that is so new and so controversial. Is bitcoin a speculative bubble or is it not? There are different indications every day but, there are others…
Cryptocurrency markets weren’t as volatile as expected, following the final announcement related to South Korean regulatory actions. Markets declined initially in early hour trading after South Korea sidelined all the claims for completely banning the cryptocurrency trading. Instead, the country has announced to track the identity of each cryptocurrency trader for tax purposes, retreating from…
