Bithumb, one of South Korea’s biggest cryptocurrency exchange reportedly plans to develop a native cryptocurrency dubbed Bithumb Coin before the end of 2018. According to reports, the project aims to attract investors to the company. But Bithumb did not reveal the number of the tokens that it will allocate for...
Coinbase, a San Francisco-based cryptocurrency exchange operator has reportedly blocked the account opened by WikiLeaks, a whistleblowing shop. Coinbase claims that WikiLeaks shop has engaged in prohibited use of the platform which violates their Terms of Service. The exchange has asked WikiLeaks to read and follow the instructions provided on...
The acquisition of cryptocurrencies is becoming more infamous in India, even among authorities empowered to protect lives and properties. According to a report in Quartz India, nine police officers were recently arrested in Gujarat, India for kidnapping a businessman and extorted both cash and bitcoins worth $49,12,000 from him as...
This week seemingly started off bad for Ian Balina, a fairly prominent cryptocurrency vlogger.  Balina was in the middle of a live stream on his official YouTube channel with 116,000 subscribers on Sunday Night when he received a shocking question from one of his viewers, “Ian, did you know...
Bitcoin Had Gained 17% On Friday morning Bitcoin climbed back up above $8,000. This happened for the first time in two weeks, and completed a 17% gain over the last 24 hours. There was no major reason for this short squeeze, but it might be coming due to Tax Day...
This week we have seen a continuation of the bear market from the recent months, but the demand seems to stop further declines (for now) in the range around 6,500$, which is a strong support. 10,000 Bitcoins found their way out from MTGOX’s wallet six days ago and has...
The past week we have seen the declines continue. Very volatile days. A lot of fear in the markets. Bitcoin tested the $6,400 low again. Was that the bottom? For now there is no doubt – the market is still bearish. 2018 year had started very bloody. The crypto market...
The descending trend continues. It appears that Bitcoin is struggling around the $8,000 support level. Although, since the beginning of the sharp declines it looks like the market is stabilizing and perhaps these are signs of a coming relaxation.But, markets are still considered to be bearish and unpredictable. Every...
UK Launches Cryptocurrency Task Force On the 22nd of March, Phillip Hammond, UK’s Finance Minister announced the start of a cryptocurrency asset task force, and other fintech initiatives from the government. The cryptocurrency task force includes cooperation from Britain’s central bank, the Bank of England, and the Financial Conduct Authority. The...
So what happened this past week in crypto? G20 Financial Stability Board Rejected Calls for Cryptocurrency Regulations According to Reuters, on March 18th, the FSB rejected calls for cryptocurrency regulations from several countries who want to regulate bitcoin and other digital assets. The FSB also stated that there was need for...