Bitcoin is currently priced at around $6,490 according to several major cryptocurrency exchanges. The "people's currency" took major hits in the past few weeks, dropping even below $6,000, when in December 2017, the coin was hitting $20,000 on a weekly basis for a short period of time. Despite the fluctuation, however, positivity on Bitcoin's future…
Read moreBitcoin has taken yet another hit. Its price tumbled below $6,500 in just a matter of days. While in December, 2017, Bitcoin was trading above $19,500 per coin on the largest exchanges in the world, that quickly changed and now, for a second time, the "people's currency" is taking a cut of almost 50% of…
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 moreNew research has found cryptocurrency prices are not influenced by any economic factors and instead are driven purely by the mood swing of investors. The stunning rise in the price of Bitcoin, hitting $17,500 last December as it increased by more than 500% in 2017, has seen investors flood to cryptocurrencies with futures markets even…
Read moreThe Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) today issued a joint staff advisory that gives exchanges and clearinghouses registered with the CFTC guidance for listing virtual currency derivative products. The CFTC staff is committed to providing regulatory clarity as much as possible,” said DMO…
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With the belief that all assets will be digitized in the future, FX broker eToro has announced it will launch a cryptocurrency offering in the United States. The launch will initially enable U.S.-based users to invest in 10 cryptocurrencies, with more to be added throughout 2018. Users will have access to a community feed and…
Read moreOnline trading services provider AT Global Markets Limited (ATFX) has announced that it has added Ripple to its cryptocurrency trading platform in March. By adding Ripple, it takes its cryptocurrency lineup to four following recent additions of Bitcoin, Litecoin and Ethereum, as the company continues to fulfill its commitment to offering a better choice of…
Read moreMany speculations are made when it comes to Bitcoin. The cryptocurrency is going up and down all the time, fluctuating around the $8,000 level these days. However, with the blockchain infrastructure getting improved constantly, the value of Bitcoin may be going up in the future. One investor who believes in that is Tim Draper, one…
Read moreCoinsource, the Bitcoin ATM network, has announced its first expansion into the Nation’s capital. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps off a successful first quarter for the company after launching 10 machines in Rhode Island, New…
Read moreBitcoin has definitely seen better days in the last couple of months. The cryptocurrency has recently been trading at around $7,500, while fluctuating up and down along the way. Today, however, the cryptocurrency jumped with almost 17%, now trading at around $8,000. Source: Coinbase, 2018 Many are wondering why the currency jumped with such…
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