Trade tensions & a devalued Yuan fuel up crypto demand among Chinese
A yearlong Sino-US trade conflict alongside a much-moderated Chinese Yuan have been amplifying demands of cryptocurrencies and crypto-related assets among the Chinese investors
Cryptocurrency
G7 leaders urge to regulating cryptocurrency modules
The G7 leaders were also in agreement to coming up with a digital tax system for technology-based companies such as Google
Bitcoin drops more than 10% as cryptocurrency criticisms creeping
Over the last weekend, the original cryptocurrency, Bitcoin was slumped more than 10 percent to a two-week low after gaining more than 30 percent later last month
Bitcoin breaks below $11,000 after failing at resistance, sell-off quickens
On Thursday, a steep sell-off of the original crypto, Bitcoin, had gathered pace, as crypto traders appeared to be rushing on to banking profits after rising more than 10 percent yesterday (June 26th) to breach its January 2018 highs.
Bitcoin retreats from 18-month high after 10% weekend jump
On Monday, the 24th of June 2019, during the early European trading hours, Bitcoin had pulled back from its 18-month high reached during the weekend, while analysts remained speculative on further Bitcoin gain
Global money-laundering watchdogs to launch crackdown on cryptos
On Friday, the 21st of June 2019, a global watchdog said that the cryptocurrency firms would now be held legally responsible for potential abuse of digital coins likes of bitcoin for money laundering
Facebook called before Senate panel on digital currency project ‘Libra’
On Wednesday, the 19th of June 2019, US Senate Banking Committee had issued a legal statement calling Facebook executives before a senate panel on July 16th to clarify the social networking tycoon’s digital currency project ‘Libra’
US charges ex-CEO of Crypto company Longfin $66 million in fraud
US prosecutors of a New Jersey district court had filed that the former CEO of now-defunct cryptocurrency company, Longfin Corp., Venkata Meenavalli, 49, had architected an accounting fraud to inflate the revenue of Longfin
Facebook in talks with US regulators over digital currency plans
Social networking tycoon, Facebook Inc., headquartered in Menlo Park, had been in talks with the Commodity Futures Tradition Commission (CFTC) to discuss about the California-based company’s plan to unveil a digital currency
Bitcoin hits nine-month high after Binance crypto hack
On Monday, the 13th of May 2019, the leading crypto, Bitcoin had surged more than 12 percent, while it had been hovering around $7,000 level after breaching its critical resistance at $6.750-$6,800.
Hackers shift Binance’s stolen cryptos, identity still unclear
On Wednesday, the 8th of May 2019, one of the world’s largest bitcoin exchange platform, Binance said that it had faced a brutal hack through phishing and viruses, resulted in a theft of around 7,000 bitcoin
China says it wants to eliminate wasteful bitcoin mining
On Monday, the 8th of April 2019, China’s state planner, the National Development and Reform Commission said that it had created a revised list of industries, it wished to restrict or eliminate including bitcoin mining
JPMorgan Chase to create digital coin using blockchain technology
the JPMorgan Chase & Co. seems to be rekindling the hopes of digital currencies, as the largest lenders in US, said on Thursday (February 14th) that they had been planning to launch their own digital coils
Crypto bear may last, as market lacks potential buyers following crackdown
An era of digital currencies appeared to be threatened by a gauge of global regulatory policies, led by the US securities and Exchange commission, which created fear among the payment companies issuing tokens and the investors
Millions of Quadriga Cryptos frozen following founder’s death
Over $137 million worth of Quadriga digital currencies had been frozen in the User Accounts, following the death of its founder, Gerald Cotten, a Canadian national, the only person who had access in to the wallet.
Crypto scams hit $1.7 billion in 2018, 400 percent up from a year earlier
According to a US based cyber security firm CipherTrace report, revealed on Tuesday, the 29th of January, 2019, Cryptos had run off with over $1.7 billion in 2018
Crypto prices signal a rebound, perhaps a Santa Rally?
Crypto currencies had signaled a rebound in the last few days, while American dollars had been struggling to gain momentum. Many analysts are suggesting this surge as a Santa rally, which could have evaded at the end of Christmas holidays.
Bitcoin trading botched to shift shapes, big moneys at bay
This year, the bitcoin trading had experienced an apocalypse, while its total market capitalization had been shrunk to three-quarters
Caged cryptos crash further, market valuation in a daedal distress
As in one month, the crypto market capitalization has been halved, the critical support levels are becoming increasing difficult to identify, both for the investors and analysts. While the report is being prepared
Crypto Startup AriseBank to pay $2.3 million to settle fraud accusations
A crypto currency startup company, AriseBank, would have to pay $2.3 million to the US securities Exchange Commission or SEC for settling the accusations of deceiving investors through false claims like building a cryptocurrency bank.
Blockchain Platform set to be used in North Sea crude oil trading
The major oil and trading firms in the North Sea, might soon be trading on a Block-chain based platform for the first time in the history, as a spokesman with knowledge in this regard mentioned.
Banged Bitcoin plunges over 7%, busted towards yearly low
Followed by the tech stock tumbling, the Cryptos were falling sharply including the major Bitcoin, however, on Friday, Bitcoin sunk 7%, headed towards a yearly low, in a market, where sell-off had taken complete control.
Cryptocurrency Issuers buying positive reviews
When Crypto issuers want positive coverage for their virtual money, they just buy it. As it is not unknown, self-proclaimed social media personalities charge thousands for positive reviews,
Cryptos death crossed, as sell-off gathers pace
The death crossed cryptos kept muzzling in the mud, as Bitcoin plunged over 12% on Monday. As market sentiment is souring sharply, further decline is likely.
Caged crypto cracking further, Bitcoin payment becoming a distant dream
As cryptocurrency carnage continues and prices have been hammered hard, total crypto capital had been drowned below $200 billion within a week time frame.