At press time, bitcoin is trading for just over $8,000 – a solid dip from yesterday’s high of about $8,500, though it is a step above today’s previous low of $7,700. Bitcoin is struggling to stay afloat, but many outside factors are looking to prevent this. One involves ongoing regulation in South Korea. The country accounts for over one quarter of the world’s bitcoin and cryptocurrency trades, making it a very important candle-holder in the digital asset arena. However, as activities in South Korea grow and bitcoin continues to garner popularity, regulators are seeing a stronger need to interfere. The
On March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts […]The post The ‘Mt Gox Whale’ Explains His Crypto-Selling Strategy appeared first on Bitcoin News.
French financial markets regulator AMF is working on a ‘non-dissuasive’ framework to legitimize ICOs. #NEWS
The public perception of Bitcoin and other cryptocurrencies will need to improve sooner or later. Depending on whom you talk to, the outcomes of surveys on the topic will be very different. A recent Lendingblock survey shows most people remain confident that cryptocurrencies will play a key role in their future daily lives. Lendingblock Survey has Surprising Results Surveys related to cryptocurrency are always very interesting. One never knows what the outcomes of such questionnaires will be. As of right now, it seems the general public is not necessarily too keen on cryptocurrencies in their current form. This doesn’t mean the situation
The trustee of the now-defunct Mt Gox exchange, Nobuaki Kobayashi, recently revealed he believes the sale of the roughly $400 million worth of Bitcoin (BTC) and Bitcoin Cash (BCH) he did in the past few months didn’t affect cryptocurrency market prices.
No one will deny that global interest in cryptocurrency is at a peak right now. Whether or not we will see a drop-off in the near future remains to be seen. A recent study by Finder.com paints a rather intriguing picture for the cryptocurrency industry as a whole. Finder.com Research Regarding Consumer behavior There are a few key differences in consumer behavior when it comes to cryptocurrency compared to more traditional financial solutions. The two forms of money are very different from one another, even though they ultimately lead to very similar destinations. Cryptocurrency users often have a dislike for banks and other
This week Paypal users reported receiving an official-looking email from Paypal, warning users about “activity [involving] the trading or transfer of crypto currency [sic] which is prohibited under our Acceptable Use Policy,” asking the receiver to “cease any activity that results in the trading or transfer of crypto currency.” Also read: Since Embracing Bitcoin, Robinhood App […]The post Paypal Users Receive Cryptocurrency Warning Email appeared first on Bitcoin News.
Blockchain-oriented projects are crawling out of the woodwork as we speak. Digitalbits wants to introduce a brand-new loyalty and reward program supported by this innovative technology. It is evident that current loyalty systems face some big problems which will not be all that easy to solve. The Purpose of Digitalbits Digitalbits wants to make a positive impact on the customer loyalty and rewards industry in the future. The system currently in place lets people collect rewards, yet most of them go unused because it is not convenient to keep tabs on these things. Retailers are dealing with issues in this regard, and customers
As DApps Look Set to Hit the Headlines in 2018 Cryptocars Supercar Smart Contract Game Is Making All the Right Moves
Some are saying this year is going to be the year that gaming dominates the crypto headlines, and from what we have seen so far it is not something we would like to short. Billions of gamers worldwide have been buying into tokenized gameplay for many years, with all manner of in-app purchases for coins and other digital items. However, the blockchain now has the potential to disrupt the gaming sector forever, by decentralizing ownershipRead MoreThe post As DApps Look Set to Hit the Headlines in 2018 Cryptocars Supercar Smart Contract Game Is Making All the Right Moves appeared first on Bitcoinist.com.
Looking to take advantage of low-cost electricity, cryptocurrency miners have set up shop in upstate New York — but municipal power authorities and locals aren’t welcoming them. On Thursday, the New York State Public Service Commission gave upstate municipal power authorities the power to charge higher rates to companies, which mine cryptocurrency. According to a release from the Commission, the ruling was a necessary measure to prevent the rise of local electricity prices for existingRead MoreThe post Upstate New York Forcing Out Cryptocurrency Miners appeared first on Bitcoinist.com.