Crypto News
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South Korea Steps Up Inspections
Given the popularity of crypto-currencies in South Korea and following the recent Youbit exchange hack; South Korean regulators have been beefing up their inspection efforts. More than a dozen bitcoin exchanges have received onsite inspections to determine whether they are compliant with regulations governing cryptocurrency trading. The inspectors were not pleased by what they found. […]
SegWit2x Hard Fork Launches Today
We are about 5 hours away from block No. 501451, when the new version of the dreaded SegWit2x hard fork will launch. It will join Bitcoin Cash (BCH), Bitcoin Gold, Bitcoin Diamond and Super Bitcoin as the 5th Bitcoin fork of 2017. This new version has very little, if anything, to do with the original SegWit2x […]
Bitcoin Predicted By ‘The Economist’ In 1988?
At the beginning of 1988, this appears an outlandish prediction. The Economist published a prediction of a world currency and its front cover contained an image of a gold coin around the neck of a phoenix that looks suspiciously like Bitcoin’s logo – the date on the coin is 2018! Predicting a ‘one world currency’ is not […]
A Look Back At 2017 in Crypto
With only a few days left in the year 2017, it’s time to look back at how far we’ve come in the crypto world since this time last year. While bitcoin grabbed the most headlines in 2017, it’s not been the best performer by any measure. While impressive at 18x growth, it’s fairly paltry compared to […]
John McAfee Tweets About InsurePal ICO
John McAfee has earned quite a reputation on Twitter for his ability to pump the price of any crypto coin he tweets about. After a bit of backlash from the crypto community, he conceded to change from daily picks to weekly picks and has now turned his attention to ICOs. Today he tweeted about one of […]
Are we about to enter the bear market?
As the CoinMarketCap front page turns all red, and the total crypto market cap is in free fall, the question on everyone’s minds must be is this the end of the most exuberant market we’ve seen since the dot-com bubble? The short answer to this long question is NO, and here’s why: 1) Market Volatility […]
The first large Wall Street firm is setting up cryptocurrency Trading desk
Goldman Sachs is setting up a trading desk to make markets in digital currencies such as bitcoin and others, according to people with expertise of the strategy. The bank aims to get the business running by the end of June next year, if not earlier, some people said. Another said it’s still trying to work […]
Did Charlie Lee Sell His Litecoin Because of Potential Facebook Partnership
Yesterday morning the news broke; Litecoin developer and outspoken founder, Charlie Lee, sold or donated all of his liquid Litecoin holdings. This prompted a big sell-off in the cryptocurrency markets. And crashing the market from more than 600 bin to as low as 480bin according to The Coinmarketcap. More and more Cryptocurrencies are coming to Coinbase adding Bitcoin […]
NiceHash is working again after the hack
After the hack on 6.th of December, NiceHash is working again. They will provide their customers the stolen money. They said that they are intensely looking for foreign investors. With this money, they would return all the stolen Bitcoins to their customers. They stole 4700 Bitcoins which were worth around $61,800,300 at the time of writing. […]
Could Bitcoin Drop to 11k?
Bitcoin is beginning to look like it might be running out of steam. Following the recent futures launch by CME and Cboe, enthusiasm appears to be switching over to the so called alt-coins, such as ethereum and litecoin, which have been growing at an ever increasing rate relative to bitcoin. Could Bitcoin Drop to 11k? According […]