Tag: Bitcoin

Advanced Blockchain AG announce investment in WOM Token
December 04, 2018 BY Mariela Naydenova

Cryptocurrency adoption is rising, prices are falling - why?

The current market situation with cryptocurrencies, especially with Bitcoin's price is kind of extraordinary in terms of economic sense. The adoption of cryptocurrencies is rising, along with the adoption of blockchain technologies around the globe. The blockchain market is expected to reach around $2.3 billion by 2021. Yet, the prices of major altcoins are falling.…

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November 30, 2018 BY Mariela Naydenova

Just a glitch, not a bubble

Bitcoin’s price is currently trading at $4,300, losing around 70% of its value from December, 2017. Analysts, bitcoin enthusiasts, and investors have frequently referred to Bitcoin as one of the biggest scams in history, comparing it to the Dutch Tulip fever in the 17thcentury, the World Financial Crisis of 2008, the UK Railway mania back…

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Crypto laws vary by jurisdiction – UK lawyer sheds light on local directives
November 30, 2018 BY Mariela Naydenova

The first US State to accept Bitcoin for tax payment

The price of Bitcoin may be falling down, but the applications of Bitcoin keep going up. The US State of Ohio has now ruled that Bitcoin will be accepted for 23 types of taxes. The State of Ohio has already established a special cryptocurrency payment portal and will start accepting the “people’s currency” any time…

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Bitcoin bounces back over $4,000, but is this recovery temporary?
November 29, 2018 BY Valentina Kirilova

Bitcoin bounces back over $4,000, but is this recovery temporary?

Bitcoin enthusiasts breathed a sigh of relief yesterday, as the popular cryptocurrency bounced off $3,650 and rose back over an all-important psychological support level of $4,000. For the greater part of the day, Bitcoin’s price gyrated below the $4,500 watermark, reclaiming a market cap in excess of $70 billion. Bitcoin’s share of the overall coinage…

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Daily Market analysis
November 29, 2018 BY Valentina Kirilova

Daily Market Brief: US stocks jump on Fed remarks and more

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided daily commentary on traditional and crypto markets for November 29, 2018. Highlights include: BTC Found Bottom? Bitcoin has found a new line of support following yesterday’s news about the Nasdaq pursuing BTC futures. Other institutional voices such as Mohamed El-Erian of Allianz have voiced…

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November 19, 2018 BY Mariela Naydenova

Bitcoin just tumbled below the $5,000 price level

Bitcoin has certainly seen better days. The "people's currency" just tumbled 12% to below $5,000, currently trading at around $4,955. This is the lowest level that Bitcoin has hit in a year's time. Since the beginning of 2018, Bitcoin has lost more than 60% of its value, when in December 2017, it was trading for…

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November 15, 2018 BY Mariela Naydenova

The crypto market's value fell by 15% in an hour

Bitcoin has just crashed by over $800 and skimmed 15% of the cryptocurrency market value in just over an hour. Bitcoin was trading above $6,000, but suddenly fell to $5,530. The initial decrease happened in about half an hour, which really shocked the market and Bitcoin investors. Other major alt coins, such as Ethereum and…

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Crypto Malware Alert: New widespread botnet attack empties crypto wallets
November 07, 2018 BY Valentina Kirilova

eToro rolls out crypto wallet

FX broker eToro has just confirmed the roll out of its crypto wallet. The eToro wallet is a mobile application available via Google Play and the Apple App Store. It provides an easy to use customer interface and enhanced security. Multi-signature security gives users the ability to see their on-blockchain transactions and balances without the…

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NETELLER launches in-wallet buy-and-sell cryptocurrency feature
October 19, 2018 BY Valentina Kirilova

NETELLER launches in-wallet buy-and-sell cryptocurrency feature

NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin…

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September 19, 2018 BY Mariela Naydenova

55% of all Bitcoins are stored in million-dollar wallets

Bitcoin “whales” are not a joke, as it seems. The price of Bitcoin is fluctuating constantly with huge ups and downs along the way. Just like year, in December 2017, Bitcoin was trading for anywhere from $13,000 to almost $20,000 per coin. Analysts and reports show that there are solid reasons behind the rise and…

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