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Bitcoin Crosses $10,000 Mark, Then Tumbles Back Down Again
Bitcoin recently made quite a rally after hitting the $10,000 in the market, only to tumble back down within the next few hours. Cryptocurrencies like bitcoin are well-known for their volatility. That volatility was once again on display recently after bitcoin reached $10,000 in value, reaching as much as $10,450 in a number of exchanges. […]
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Supercomputer Hacking Frequents in Europe Due to Crypto Mining
Several supercomputers were infected with cryptocurrency mining malware across Europe this week. The infected supercomputers have shut down to investigate the invasion. The security incidents have been reported in the United Kingdom, Germany, and Switzerland. It is rumored that the same intrusion happened at a high-performance computer in Spain. Who was attacked? The first report […]
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Industry Experts Warn About Russia’s Crypto Iron Curtain
Russia’s cryptocurrency industry is fighting against a number of legislations that will it difficult for them to continue operating within the region. Experts warn that if these legislations ever pass, it might compel the superpower to launch a crypto iron curtain in the region. Several Russian legislators are introducing a number of bills with regards […]
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Samsung Expands Bitcoin Support on its Smartphones
Samsung is expanding its cryptocurrency operations. The South Korean tech giant recently announced that it is integrating support for cryptocurrencies like bitcoin into its smartphones. Samsung confirms that it has struck a partnership deal with cryptocurrency exchange firm Gemini. The partnership will integrate Gemini technologies into Samsung’s smartphone lineup which will allow users to easily […]
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Coinbase Acquires Trading Firm Tagomi in Effort to Boost Trading Division
Coinbase recently announced that it is acquiring Tagomi, a trading platform that specializes on cryptocurrency. This is part of Coinbase’s effort to further boost its cryptocurrency trading platform. People with insider information about the deal claim that Coinbase is paying between $75 to 100 million to acquire Tagomi. The crypto trading platform was founded just […]
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Tencent Eyes Blockchain Technology With $70 Billion Investment
Chinese tech giant Tencent recently confirms that it is planning to invest $70 billion in technology companies. This massive investment will also include blockchain technology, and possibly its own digital currency. Tencent says that the company is looking to invest into “new infrastructure.” The company is well-known for developing the popular messaging platform WeChat. While […]
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Bitcoin Price Drops to Two-Week Low as Small Investors Seek Exposure
Bitcoin prices are once again taking a dive after a recent dip. Based on recent market reports, the cryptocurrency recently dropped to its lowest price in the last two weeks. Bitcoin prices drop by as much as 9.8% last week. This is the cryptocurrency’s biggest weekly price drop since the second week of March. The […]
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Bitcoin Uncertainty at Record High as Investors Fear Market Crash
Investors are fearing that the current coronavirus pandemic might send the market tumbling down. As a result, bitcoin and other cryptocurrencies are facing a record high uncertainty about their current status as viable products. Recently, many market analysts have noted that bitcoin prices are going unusually erratic. Some have pointed out that these drastic deviations […]
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Iran Moves to Limit Crypto Exchanges Under’ Money Smuggling’ Laws
The government announced a proposal this week to incorporate cryptocurrency in existing “currency bootlegging” and international currency exchange controls, according to Iranian news outlet ArzDigital. The outcome of this prospect regulation is Iranian businesspeople face an increased risk of being imprisoned by political authorities or sanctioned by Americans. The law would mean that the Central […]
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Prominent Bitcoin and Crypto Investor Foresees Fourth Crypto Cycle
Bitcoin and cryptocurrency investors enthusiastically wait for the next breakout of the leading cryptocurrency. The bitcoin price is on the track of becoming one of the year’s best-performing asset. The bitcoin price is still far from its all-time high in 2017. The all-time high of bitcoin price that year was $20,000 in late 2017. Fourth […]
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