Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe. Overly this is good and could help drive Bitcoin and…
As seen by the recent public outcry, there are many crypto investors that have been irked by the current state of the cryptocurrency market. Bitcoin remains steady at $6,600, with a majority of the foremost altcoins showing similar price movements, or lack thereof to be more specific, leading some to call the often-volatile crypto market “boring,” for…
Crypto industry has received an unusual amount of funding this year from investors. And a prominent venture capital investor thinks it is a big deal. Garry Tan, an early stage investor with companies like Coinbase and Instacart in his portfolio, commented on the growing amount of institutional money that is flowing into crypto-funds. He stated that he…
Key Points Bitcoin price formed a decent support near the $6,400 level against the US Dollar. There was a break above a major bearish trend line with resistance at $6,540 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is struggling to gain momentum above the $6,600 and $6,650 resistance…
Bitcoin’s volatility rates have hit a 17-month low, due to a combination of a slow news cycle and low trading volume, leading some investors to believe that the lack of volatility could signal a maturing market. Despite this, debate remains as to whether or not a stable Bitcoin is a positive sign for its future.…
Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in San Francisco points to the fact that…
Pantera Capital’s Digital Asset Fund has sunk in value since it began in December 2017. A report which surfaced on social media revealed that the U.S. investment firm negated 40.8 percent returns to its investors to date. The figures contributed to the fund’s year-to-date losses, which rose to 72.7 percent. The fund’s compound annual growth…
For the first time in a blue moon, volatility levels in the crypto market have taken a sharp decline, as many digital assets, like Bitcoin, remain range-bound in spite of positive (and negative) developments. The stability seen in this budding market has led many investors to logically ask where Bitcoin and its altcoin brethren could…
Pigeoncoin (PGN), a small market cap digital asset traded on two obscure exchanges, has finally got the spotlight from the crypto community but for the worst reason. A hacker stole 235 million PGN tokens through a Bitcoin protocol bug. The attack on the cryptocurrency’s source code rendered the equivalent to $15,000 as PGN is priced…
Australian police have been informed of a scam in which the perpetrators are requesting people deposit funds for them at cryptocurrency ATMs. It is thought that those behind the scam are targeting newly-arrived migrants who are unsure if such requests are genuine since they are navigating an entirely foreign system of taxation for the first…