While India and China, together with a few large US banks are going with full forces against Bitcoin and cryptocurrencies, Singapore is going “pro” at the same time. Cointelegraph reported that Singapore’s deputy prime minister, Tharman Shanmugaratnam, said that the country will not be banning cryptos in the new future. None such plans are foreseen…
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Bitcoin hit another low this morning, trading at $7,400 per coin according to major exchanges. It seems that when Bitcoin is going down, almost all altcoins are also plunging. After India and China went against Bitcoin, and with the recent news that major banks such as JPMorgan, Lloyds Banking Group and more, are banning Bitcoin…
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Bitcoin is plunging right now. The price of the digital currency went under $7,500 today, according to major exchanges like Coinbase. Bitcoin was hitting $20,000 in December, 2017. Many are wondering what is going on and for how long. Does the price volatility and plunge of Bitcoin mean the end for the cryptocurrency? With all of…
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Many people think about the famous movie, The Wolf of Wall Street, with Leonardo Dicaprio, but the real "Wolf" has now spoken about Bitcoin and his prediction on the future of the digital currency. Jordan Belfort, who was a successful stockbroker on Wall Street once, before going to jail for market manipulation and fraudulent activities, believes…
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Bitcoin fell down to $9,000 on Thursday, February 2nd, 2018. Many did not expect the digital currency to go below this level, but that happened in a matter of hours. What could have caused the downfall are major worries that India is now on a mission to ban cryptos and a possible price manipulation on…
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The largest state bank in Russia, Sberbank, has taken serious steps into introducing a cryptocurrency exchange in Europe through its Swiss branch, Sberbank Switzerland AG, local media group RBC said on Tuesday Jan. 30. The reason for the bank's choice to open the exchange in Switzerland is the fact that right now, cryptocurrency transactions and operations…
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On January 23rd, South Korea's Financial Services Commission confirmed in a statement that all Bitcoin investors and traders would need to do future business dealings though real-name bank accounts in order to "reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion." Right after the news hit…
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Bitcoin has been popular in Japan for quite some time. A lot of Japanese companies are now paying salaries in Bitcoin. And now, as of January 2018, Yamada Denki, one of the biggest consumer electronics chains in Japan, announced that it is going to start accepting bitcoin payments at two of its largest stores in Tokyo.…
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A series of industries have been now disrupted by blockchain and Bitcoin. The next in line is none other but the law sector. Many law companies across the world are now accepting Bitcoin as an official payment method for various legal services. The law industry seems to be catching up with the blockchain innovations and…
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With Bitcoin's recent big plunge and its steady recovery just in the last week, investors are literally scratching their heads to how most accurately on how to most accurately predict Bitcoin's volatile price. The weirdest theories have been developed as to what really drives Bitcoin's price. Now, the most widely used search engine in the…
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