Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat

The post Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat appeared first on CCN Litecoin price posted one of the biggest gains today, jumping from $236.76 at the start of the day to a high of $305.66 around noon Saturday (UTC), marking a 29% gain, before sliding back to $290.08 at the time of […]

Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability

The post Bank Of England Drops Plans For Its Own Cryptocurrency, Fearing Instability appeared first on CCN The Bank of England has decided it will not launch its own cryptocurrency due to its possible impact on the financial system, according to FT Advisor. The bank began researching cryptocurrencies in 2015 and was considering launching its […]

Bitcoin, Litecoin, and Bitcoin Cash Record Large Gains, as Altcoins Fall

The post Bitcoin, Litecoin, and Bitcoin Cash Record Large Gains, as Altcoins Fall appeared first on CCN Bitcoin, Litecoin, Ethereum, and Bitcoin Cash, cryptocurrencies that are considered as reserve assets or safe investments in the highly volatile cryptocurrency market, has recorded large gains over the past 24 hours. Bitcoin and Litecoin’s Major Gains Throughout today, […]

Wallet Developers Express Security Concerns Over BitPay’s Payment Protocol Policy

On December 14, 2017, BitPay announced a first step toward enforcing the payment protocol: All orders of the BitPay Card will require payments from Payment Protocol-compatible wallets, such as BitPay’s own wallet and a few others. This announcement came after an initial notice in November 2017, when BitPay first announced that BitPay invoices would soon […]

SEC/NASAA Ring in 2018 by Hinting at Need for (More) Cryptocurrency Regulation

Yesterday, January 4, 2018, the three prominent figures of the U.S. Securities and Exchance Commission (SEC) endorsed the concerns raised in the North American Securities Administrators Association (NASAA)’s cautionary directive on cryptocurrencies, ICOs, and other “Cryptocurrency-Related Investment Products.” Jay Clayton, the Chair of the SEC; Michael Piwowar, the former acting Chair of the SEC; and Kara […]

Cryptocurrency and Blockchain Tech Market Could Reach $10 Trillion in 15 Years, Says RBC Analyst

In a report published on January 3, 2018, Royal Bank of Canada (RBC) Capital Markets analyst Mitch Steves confidently stated that the cryptocurrencies and blockchain technology applications market could increase thirteenfold in 15 years, reaching $10 trillion. Steves’ report, titled “Crypto Currency & Blockchain Technology: A Decentralized Future — A Potential Multi-Trillion Dollar Opportunity,” has been sent […]

Ethereum Price Cracks $1,000 as Crypto Markets Surpass $750 Billion

The post Ethereum Price Cracks $1,000 as Crypto Markets Surpass $750 Billion appeared first on CCN The cryptocurrency market cap achieved a new all-time high on Thursday, briefly rising above $770 billion amidst a widespread altcoin rally. The ethereum price rode this wave across the $1,000 threshold, while the ripple price appears determined to extend […]