he cryptocurrency market cap recently dipped below the $400 billion mark, as bitcoin itself fell to little over $6,000, before its price started bouncing back. At press time, the cryptocurrency market made a bullish pivot, as US regulators signaled they’ll take a cautious approach to cryptocurrency regulations during a high-profile Senate hearing. Nastavi čitati “Cryptocurrency Markets Could Hit $1 Trillion and Bitcoin Price at $50,000 This Year, Experts Predict”
Bitcoin price declined for a second consecutive day on Tuesday as South Korea’s new restrictive policies on cryptocurrency trading officially went into effect. Nastavi čitati “Bitcoin Price Sinks Further as South Korea’s New Cryptocurrency Trading Rules Take Effect”
Historically, January has always been a weak month for Bitcoin and 2018 is no exception. Some believe that this is due to Chinese investors converting their Bitcoins to fiat currency in order to buy gifts and presents to celebrate the Chinese Lunar New Year, which falls in February. After all, the Chinese market is one of the major players in the crypto world. Nastavi čitati “Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, NEM, Cardano: Price Analysis, Jan. 29”
The operator of BitConnect, a cryptocurrency that has long courted controversy, has announced the closure of its cryptocurrency exchange and a separate lending platform.In an announcement on its website on Tuesday, BitConnect confirmed the immediate closure of its lending operation whereas its exchange platform will effectively shutter in a further five days. The website, meanwhile, will remain open for “wallet service, news and educational services,” the notice from the investment platform added. Nastavi čitati “BitConnect Shuts Cryptocurrency Exchange Citing Bad Press, DDoS Attacks, Regulator Scrutiny”
The Nasdaq exchange may begin to offer Bitcoin futures as early as June 2018, according to a report issued by the Wall Street Journal. The report indicates that the stock exchange will follow suit behind the two Chicago-based markets that have already indicated the specifics of their Bitcoin futures plans. Nastavi čitati “Wall Street Journal: Nasdaq to Offer Bitcoin Futures in June 2018”
The rift between bitcoin and its offshoot bitcoin cash isn't just ideological – it's hazardous.For months, a technical quirk has led some users of both cryptocurrencies to lose money, both temporarily and permanently. But it appears that nightmare scenario may soon be in the past, as bitcoin cash's developer team recently announced it is taking steps to address the problem. Nastavi čitati “What's Next for Bitcoin Cash? Stopping User Fund Loss”
To those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone further, passing laws that ban the use of bitcoin altogether.
Companies from China and the European Union have applied to start mining operations in Russia. The country already has “hundreds” of cryptocurrency mining factories but still has free energy capacity for foreign companies to set up mining farms.
Nastavi čitati “40 Companies From China and EU Have Applied to Mine Bitcoin in Russi”
After CME announced that they would soon be offering Bitcoin futures, the price of the digital currency took a big upward swing. However, CME is of the opinion that futures could actually put a stop to Bitcoin’s synonymous volatility. Nastavi čitati “Could Bitcoin Futures Rein in the Big Price Swings?”
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