The global financial industry has urged regulators all over the world to avoid imposing strict capital rules on digital assets.Warning is gaining momentum because such regulatory requirements are most probable to drive activity underground and, therefore deprive banks of the benefits of crypto technology.Trade groups as well as representatives of …
Read More »Global Market Selloff Infects Crypto
Cryptocurrency prices dropped as a reaction to large selloff move because of worries about infection from China’s Evergrande Group swept all global markets. Bitcoin dropped as much as 10.7% to $42,522 in New York trading sessions, Sunday, reaching the lowest level since 1 August. The current point is also below …
Read More »Bitcoin Loses About 9% of Its Value
The price of Bitcoin fell sharply on Monday, September 20th, as investors began to dump risks amid a slump in global stock markets. The world’s most popular cryptocurrency tends to fall despite being considered safe haven by some, the growing reality is that its price tends to fall amid broader …
Read More »Coinbase unveils Bitcoin and Crypto Predictions
Coinbase CEO Brian Armstrong released, Friday, a new list of predictions for Bitcoin and the cryptocurrency industry.Armstrong believes a billionaire Bitcoin based upon blockchain concepts will boost technological, scientific and charitable causes in the near future. He believes as soon as the price rises up to USD 200,000 per Bitcoin, …
Read More »Dogecoin jumps 40% on Elon Musk’s cryptic endorsement
Crypto currency Dogecoin achieved some positive move on the road to recovery and jumped up Friday as traders are assessing feasibility and impact of its addition on Coinbase, one of the world’s leading crypto exchanges. The SHIB/USDT exchange rate rose up to 16.42% to USD 0.00000950 for the first time …
Read More »Bitcoin’s Historic Mining of 700,000th Block
Bitcoin miners successfully mined the 700,000th block of the network, an achievement that is widely looked upon as a major historic milestone in September.Bitcoin’s circulating supply amounts to 18,816,787 BTC and currently trades at USD 48,009, in defiance of its critics with Block Height at around 1,276 transactions embedded within …
Read More »U. S. Prominent Businessman: Cash Is Trash, Governments Don’t Want Cryptocurrencies to Succeed
U. S. prominent businessman Ray Dalio warned investors against too much dependence on cash. At the same time, he warned those who own some Bitcoin that they are encountering some danger, because governments could destroy the crypto market.“First, know cash is trash, so don’t keep it in cash,” Dalio, the …
Read More »NBA Star Grabs Attention with Crypto Message
Stephen Curry, star of the National Basketball Association (NBA) league, who plays for the San Francisco, California-based Golden State Warriors, recently attracted the attention of crypto enthusiasts after asking for advice. “Just getting started in the crypto game…y’all got any advice??” Curry tweeted on Tuesday. Afterward, Curry retweeted an announcement …
Read More »Cryptocurrencies Rebound by Limiting Losses
Cryptocurrencies managed to reduce their losses on Tuesday, after sharp declines earlier in the session. Bitcoin, the world’s largest crypto and digital currency in terms of market capitalization, is currently down by about 10.8% at $46,642, after plunging earlier today below $43,000. Bitcoin recently stagnated and couldn’t strongly break above …
Read More »Bitcoin Down 4%, Ethereum Down 6%
Cryptocurrency sell-off widened Tuesday, September 7, while Bitcoin shed nearly 4% while its smaller rival, Ethereum, shed more than 6%. Bitcoin, the world’s largest and most popular cryptocurrency, fell 4% to $50,516, after rising to its highest level since mid-May above $52,000 earlier, in Asian trading. Ethereum fell more than …
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