The blockchain and cryptocurrency-friendly nation of Malta has been forecast as the nation to experience the most economic growth during 2019. The European Commission projected that the small island country’s economy would grow by a huge 5.2% during the period. The European Commission’s report forecasts Malta as outperforming the economic growth of the entire continent.…
The unexpected death of the owner of Canada's largest cryptocurrency exchange has left £145 million of cryptocurrency locked in a digital wallet to which he reportedly had the only password. Gerald Cotten, who served as the chief executive of the QuadrigaCX exchange, died on 9 December in India due to complications relating to Crohn's disease,…
The CEO of blockchain investment fund Pantera Capital has stated that is much more confident that cryptocurrency is here to stay in this bear market than he was during the last prolonged downtrend in prices. Dan Morehead stated that his optimism stems from the blockchain and digital asset space being in a much better position…
Bitcoin has failed to stabilize above $3,600, which is leading the crypto markets to now face new levels of support. Today’s downwards move has led many altcoins to plunge 6% or more, and they are showing few signs of major buying support near their current price levels. Analysts have mixed opinions regarding exactly where the…
In a report by the Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC), the cryptocurrency space has been named as a priority. The body states that the industry may pose high levels of risk to retail investors. The OCIE oversees thousands of investment advisers, mutual funds and ETFs,…
Although many investors and analysts alike were disappointed that Bitcoin and the overall cryptocurrency markets did not end 2018 on a high note, the markets may be seeing increasingly bullish sentiment from traders and investors alike, according to new data. If Bitcoin’s price does begin climbing as this data suggests, it is important that it…
This year has certainly been a tumultuous one for cryptocurrency. What started off with a bang ended with a whimper as the entire market shed 84% and $700 billion exited the scene. To round out 2018 we will look back at key events in what has been the year of the bear for crypto. Looking…
The much-anticipated Bakkt platform being launched by the Intercontinental Exchange has rounded off 2018 by announcing the completion of its first round of funding. The total amount raised from the 12 partners and investors is $182.5 million. The list of those contributing capital to the project includes Boston Consulting Group, CMT Digital, Eagle Seven, Goldfinch…
It's been a bad year for bitcoin. After the highs of 2017, which saw the price of bitcoin surge to $20,000 (£15,700), the world's most valuable cryptocurrency is currently trading close to its lowest point in 16 months. Bitcoin has fallen by 3 per cent over the last 24 hours, adding to losses of 5 per…
A 28-year-old cryptocurrency entrepreneur from the UK has managed to turn £1,000 (around $1,500) into over £1 million in just 18 months of trading. Josh Riddett, of Bury, Greater Manchester, has found success manufacturing specialist digital currency mining hardware. Riddett’s company, Easy Crypto Hunter, has expanded from the sale of a single unit, with profits…