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99 Out Of 100 Top Coins See Green As Bitcoin Climbs Back Above $9K

March J, 2018

99 Out Of 100 Top Coins See Green As Bitcoin Climbs Back Above $9K The cryptocurrency markets are showing slight positive growth today March 10, with Bitcoin (BTC) rising back up above $9,000 and almost all of the top 100 coins, except one, listed on CoinMarketCap in the green as of press time. BTC had reached over $11,500 during its intra-week high on March 5, before dropping below $9000 yesterday, March 9. BTC is currently trading at around $9,500, up…

Bitcoin Drops 20% But Wasn’t Week’s Big Crypto Price Loser

March J, 2018

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Bitcoin Drops 20% But Wasn't Week's Big Crypto Price Loser If February was bad for the crypto market, March hasn't fared better. Bitcoin's (BTC) repeated failure to beat inverse head-and-shoulders neckline resistance saw bears come in full force, pushing prices to a one-month low of $8,371 Friday. As of writing, the world's largest cryptocurrency by market capitalization is trading at $8,970, according to CoinDesk's Bitcoin Price Index. But the 28 percent drop from BTC's March 5 high of $11,660 had…

Bitcoin prices fall below $9,000 â a 24% decline for the week

March J, 2018

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Bitcoin prices fall below $9,000 — a 24% decline for the week Bitcoin fell below $9,000 during Friday afternoon Asia trade, extending losses seen earlier in the week when it fell below the key $10,000 level. The digital currency came under pressure earlier in the week after the U.S. Securities and Exchange Commission said exchanges that offered trading of "digital assets that are securities" would have to register with the agency. At its current levels, bitcoin has declined around 24…

Bitcoin Takes a Dip as SEC Demands Exchanges to Register

March J, 2018

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Bitcoin Takes a Dip as SEC Demands Exchanges to Register In the ongoing saga of how U.S. regulators will ultimately handle cryptocurrency the SEC yesterday said it will require digital asset exchanges to register causing Bitcoin to dip below $10,000. Cryptocurrency Defined as Securities The SEC released a statement that said online platforms trading in digital assets are considered securities under existing guidelines and therefore must register with the agency. The SEC statement reads as follows. “If…

North Korea may have as made much as $200 million from Bitcoin, according to expert

March J, 2018

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North Korea may have as made much as $200 million from Bitcoin, according to expert North Korea may have raked in more than $200 million in digital cryptocurrency transactions last year, diluting the impact of stiff international sanctions over its nuclear and missiles programme. The huge haul of an estimated 11,000 Bitcoins was revealed by Priscilla Moriuchi, a former US National Security Agency officer, in an interview with Radio Free Asia. If the regime had monetised them when their price…

Two Bullish Signs For Bitcoin

March J, 2018

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Two Bullish Signs For Bitcoin After a prolonged correction, Bitcoin is back big time. The “people’s currency” gained close to 7% this week, stabilizing around the $11,000 mark. Is this comeback for real? Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin is undervalued or overvalued at these levels. Still, there are a couple of bullish signs for the digital currency worth noticing. One of them is that Bitcoin is beginning to behave like the ‘new…

1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM

March J, 2018

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1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM As of today, Australians are now able to buy Bitcoin and Ethereum from more than 1,200 newsagents around the continent. AUSTRALIA FOR BITCOIN Buying Bitcoin or Ethereum in Australia is now as easy as walking to the nearest newsstand. Cryptocurrency exchange bitcoin.com.au has launched the convenient service, after installing out the infrastructure in various locations since 2016. Though easier than ever, many individuals still aren’t accustomed to the idea of buying…

Chinese Entrepreneur Warns Against Mining and ICO Bans

February J, 2018

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Chinese Entrepreneur Warns Against Mining and ICO Bans Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of the challenges faced by cryptocurrencies are indicative of the typical “development process” experienced by emerging monetary forms.…

Crypto Mining Craze Creates Global GPU Shortage

February J, 2018

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Crypto Mining Craze Creates Global GPU Shortage The cryptocurrency bull run of 2017 attracted multitudes of investors looking to get rich quick but it also created a mining boom that has resulted in a worldwide shortage of computer components. Miners Plunder Singapore, Hong Kong For Cheap Rigs Scores of miners from around the world come to the electronics bazaars in Asia to buy cryptocurrency rigs. Hong Kong’s Sham Shui Po and Singapore’s Sim Lim Square to name just a…

Cryptocurrency latest – Unprecedented Bitcoin legal battles BAFFLE top regulation lawyers

February J, 2018

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Cryptocurrency latest – Unprecedented Bitcoin legal battles BAFFLE top regulation lawyers UNPRECEDENTED legal battles are set to take place in the UK after it was reported that divorce lawyers are struggling to come up with settlement agreements over cryptocurrencies. The unusual legal cases are said to concern at least three couples looking to legally separate. One pair has a fortune of £600,000 in cryptocurrencies that they are currently struggling to agree how to split. The lack of regulation surrounding the…