Bitcoin just dived under $6,000, its lowest level since the winter of 2017. The reason this time might be different than the reasons why Bitcoin was down several times before. Now, Bitcoin's low volume traded is the major reason why the price of the digital currency is going down. Many experts have predicted that the…
Read moreOne of the most famous and prominent business people in the world has just slammed Bitcoin. Jack Ma, the founder of Alibaba and the fintech company Ant Financial, has officially said that Bitcoin is a bubble. Ma now stands in line with many business leaders who have designated Bitcoin as a bubble and as a…
Read moreThe government of the Bahamas has decided to launch their own digital coin to fight financial illiteracy and the low participation of the population in the banking system. According to the Deputy Prime Minister, K Peter Turnquest, the launch of a native digital coin is of special importance to many people living on the islands, because…
Read moreAkon is one of the very well known songwriters and singers in the United States. He is of a Senegalese ascent and to be worth around $80 million. Akon is now entering the cryptocurrency hype by intending to launch his very own digital coin - the Akoin. The story behind the coin and his idea…
Read moreCoinbase has just added another cryptocurrency under its belt - Ethereum Classic. Since today, users will already be able to trade and store ETC in Coinbase. The interesting thing to note, however, is why Coinbase decided to add that particular cryptocurrency to its products. As CCN noted, ETC is currently well behind in market capitalization…
Read morePotCoin, advertized as "ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry", may be sponsoring Dennis Rodman, the famous retired basketball star for his trip to Singapore for the Trump - Kim Jong-un meeting. PotCoin is essentially a very non-traditional cryptocurrency, since it helps facilitate legalized marijuana transactions around…
Read moreSouth Africa is on its way to become a cryptocurrency trading "heaven" and acts as a center of digital assets on the oldest continent. The Merkle just reported that one of the well known asset management companies, Sygnia, is looking to launch a cryptocurrency exchange in the third quarter of 2018. Africa has long been…
Read moreThe London-based startup, Plutus Tap and Pay, is revolutionizing how people pay with Bitcoin in stores and how they shop online. Bitcoin is mostly accepted now as a “store-of-value” cryptocurrency, not so much as a “transaction-ready” one, especially considering the regulations of banks and governments over the “people’s currency”. Plutus Tap and Pay is an…
Read moreThe Rothschilds, one of the wealthiest family dynasties in the world, has been rumored to “rule the world” of banking, politics and essentially all major economic drivers of the modern world. With the advancement of cryptocurrencies, the name and associated power of the Rothschild family is lurking all over again. Now, the founder of Ethereum,…
Read moreAfter Goldman Sachs and Circle announced the launch of their own cryptocurrency, now another financial services giant is getting ready to launch their own digital currency by next year. The Japanese Mitsubishi UFJ Financial Group (MUFG) is said to launch the digital asset by next year. The coin, called MUFG Coin, will be launched with…
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