The Indian government is reportedly getting ready with draft regulations on cryptocurrencies next month. The finance ministry set up a panel in November 2017 for the purpose of preparing a regulatory framework on the issue, but the central bank has created a hostile environment for digital currency trading platforms in 2018. After a multitude of…
Since the value of Bitcoin began to recede in early-2018, investors from across the globe have sought to find a silver lining to latch onto. However, with initial coin offerings (ICOs) seeing less than adequate amounts of interest, security tokens failing to pick up steam, and corporations remaining hesitant to adopt blockchain-based technologies, investors have…
Bitcoin has dropped close to 30% in November and is hinting more losses. But many prominent crypto figures believe the digital currency will recover one way or another. CNBC Crypto Trader Ran Neu-Ner said that the crypto market is at most bearish not in a full-fledged panic mode. He predicted that bottom was near which…
As Bitcoin (BTC) fell further on Monday, finding itself under $5,000 in a first for 2018, industry savants quickly took to crypto’s side, in spite of the growing bearish sentiment. Surprisingly, a crypto-friendly partner at Washington, D.C.-based Anderson Kill, a centralized law organization, rushed to Bitcoin’s aid faster than many could utter “HODL.” SEC’s ICO…
After a week of poor performance, Bitcoin has continued its descent, and has now crashed below its previous 2018 lows of $5,500, setting fresh lows at $5,100. Bitcoin’s unprecedented drop has led many major altcoins to fall 10% or more, and according to one analyst, more blood is likely to come in the near future.…
The price of Bitcoin fell below $5,000 on Coinbase for the first time in 2018 as the bear market continues to drag prices down across the board. Market Cap Drops to Below $87 Billion For the first time since October 2017, Bitcoin dropped lower than $5,000, at $4,996 on San Francisco-based crypto exchange Coinbase. As a…
A broad selling action in the cryptocurrency market today saw ICO coins losing 15 to 20 percent of their value. And the sentiment is likely to extend thanks to the U.S. Securities and Exchange Commission (SEC). The U.S. regulator at the beginning of this month charged the founder of a decentralized exchange (DEX) EtherDelta on…
Key Points Bitcoin price is currently under pressure below the $5,500 resistance level against the US Dollar. There was a break below a key bullish trend line with support at $5,530 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is declining and it seems like it could break the…
Mainstream media, renowned economists and other crypto critics have killed Bitcoin more than 300 times since its launch. But the digital currency always come back from the dead. Every bitcoin crash from the past has witnessed a surge in crypto-doomsday theories. As a relatively new market, BTC charts do not behave like any conventional asset…
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water. Amun Launches Bitcoin, Ether, XRP ETP In…