After hitting an all-time high of $20,000 just days ago, Bitcoin has now dropped with almost one third of its value, now trading at around $13,000. After reaching a peak last Sunday, investors are now taking a “cold shower” with the decreasing price of the digital currency. There are several reasons why that might be…
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To some degree, Bitcoin trading has made no sense this year. As country regulator after regulator continued to warn against the dangers of buying cryptocurrencies, the price of Bitcoin and its crypto cousins Ethereum, Dash, Ripple et al continued to rise. The more that establishment types such as JP Morgan's Jamie Dimon chimed in to…
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SNAP will adopt NEM blockchain technology and XEM, the token underlying NEM NEM.io Foundation Ltd., a blockchain technology project, just announced that Snap Interactive, Inc. (OTCQB: STVI), a provider of live video social networking applications building on blockchain and other innovative technologies has selected NEM to power the Company’s core blockchain infrastructure. Development has already…
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Financial blockchain company Finom AG today announced it has become the first company to increase its stock capital by level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom’s capital stock now comprises 2.5 million Swiss Francs (СHF). The funding is registered in the Finom profile on the Swiss Commercial Register Zefix.…
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The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companies that tout high returns associated with cryptocurrencies, such as bitcoin. Unrealistic predictions of exponential returns and unsubstantiated claims made through press releases, spam email, telemarketing calls, or posted…
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Amid the hype around the cryptocurrency market, an iced tea company has managed to triple its value after adding the word "Blockchain" to its name. The Long Island Iced Tea Corp., which is a beverage company, changed its name to the Long Blockchain Corp. and expressed their hope to get around partner companies that invest…
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One of the largest cryptocurrency exchanges, Coinbase, launched Bitcoin Cash on their platform, and just hours after the announcement, they halted the trading of the newly added product on their exchange. Just before Coinbase launched Bitcoin Cash, the price of the digital currency was rising and this rise happened just hours before the launch on…
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Overstock.com (NASDAQ: OSTK) subsidiary tZERO’s token sale opened for subscription on December 18, and attracted overwhelming cryptocurrency and traditional institutional interest. Over $100 million USD in commitments from investors were received in the first 12 hours. In just weeks since announcing the first-of-its-kind preferred equity security token, over 10,000 subscribers have registered for accreditation verification…
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Shortly after announcing on a blog post that customers will be able to buy, sell, send and receive Bitcoin Cash on Coinbase, the digital online platform for trading cryptocurrencies has already moved to disable trading of its newest asset. Bitcoin Cash was created by a fork on August 1st, 2017. Bitcoin fell more than 10…
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Right after CBOE launched bitcoin futures on 10th December, 2017, CME launched their bitcoin-related derivative on the 17th December, just a week after CBOE did. With that, Bitcoin eclipsed the $20,000 mark, trading shortly for around $20,089. Now, the price has slipped a little, but the positive outlook on the crypto market continues and the…
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