Crypto social media personality Trevon James, who was intimately involved in the promotion of the HYIP scheme BitConnect, which eventually led to law enforcement and legal action, says, in his infinite wisdom, that the Bitcoin price will be at $0 in ten years. 10 Years from now it won't matter if you bought Bitcoin at […]
It’s no secret that 2018 has proven to be a rough year for the cryptocurrency markets, which have seen their market capitalization plummet from highs of over $800 million in January of 2018 to recently established yearly lows of under $120 billion. The poor market performance, which can be attributed to little more than a […]
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. The last time bitcoin experienced an adjustment on par with this recent one was on October 16, 2011, when it dropped 13.1 percent. […]
Beijing’s Municipal Bureau of Finance chief, Huo Xuewen, has advised projects considering a security token offering as a means of fundraising, stating that security token offering (STO) fundraising is currently illegal in Beijing. At a wealth management forum on Saturday, he commented on the replacement of ICOs with the new concept of STOs, saying they […]
The CEO of one of the largest cryptocurrency mining firms in North America says miners are being flushed out of the market after Bitcoin’s latest price drop. Bitcoin Mining No Longer Profitable, Miners Exiting En Masse While November has typically been among the most profitable months for Bitcoin investors in the past, this November led […]
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. International government officials, as well as some of the world’s largest corporations including Bank of America, Inter-American Development Bank, the World Trade […]
Frankly, it would be fair to say that bears have brutalized the crypto market and its constituents in 2018, throwing Bitcoin and its altcoin brethren off metaphorical cliffs. However, in spite of the widespread carnage, some innovators remain tunnel-visioned, focused on bolstering the nascent crypto and blockchain ecosystem with no holds barred. Regulatory Fears Remain, but […]
Children in the Rwandan village of Kasebigege are being given a greater chance to pursue a sound education as construction on a new school, developed by bitcoin marketplace Paxful, has been completed. Located in the Bugesera District, the school is a primary institution designed for children between the ages of 6 and 15. It’s Paxful’s […]
A pre-solicitation published by the U.S. Department of Homeland Security asks about conducting forensic analysis on privacy coins like zcash and monero.
G20 leaders declared that they would regulate crypto to mitigate financial crimes in a statement after this weekend’s summit.