The International Monetary Fund (IMF) refers to digital currency just once in its 215-page World Economic Outlook for October 2018, but that reference is: “Continued vigorous growth of digital currency assets could form new vulnerabilities in the international financial system (IFS).”
As the weekend trucks along nicely, it is still a bit unclear what to expect from most top crypto markets. Bitcoin still hasn’t resumed its bullish trend, nor has it lost any significant value either. As such, the EOS price suffers from the same sense of not knowing what to do with itself. The push …
On Friday, the outgoing CEO of the largest chain of American auto dealers told CNBC that Elon Musk’s bold ambitions for Tesla self-driving cars are “almost unethical.” Auto Dealers Throw Hissy Fit over Tesla’s Direct Sales
Coinmarketcap, recently announced that it hit a 300-day high in crypto volume, which indicated a massive upward thrust. The crypto trading volume recorded a high of $33.85 billion. The collective cryptocurrency trading volumes have soared high, thanks to the surge witnessed by the top 10 digital currencies that comprise over 90% of the entire crypto trading […]
A cryptocurrency analyst believes that it will not matter for investors whether they have purchased Bitcoin at $3,000 or close to $1,800. Bitcoin (BTC) reached an all-time high in December 2017 and the popular digital asset fell since then more than 80%. Now, investors are trying to understand which is the bottom and when it is going to happen. Josh Rager, a technical analyst in the cryptocurrency market, said that in five years it will not be important for investors if they bought Bitcoin at $1,800 or at $3,000. The crypto influencer and analyst Soleil commented that Bitcoin is far from bottoming. Rager said that Soleil means that after falling more than 80%, a new 5% to 7% drop will no make a difference in three to five years. The Crypto Dog, an analyst on Twitter, said that what Josh Rager said what he tries to say when he mentions that Bitcoin has reached its bottom. Thus, it can fall a few hundred dollars more but it would
According to a recent report, criminals were able to steal $332,000 in Bitcoin (BTC) after sending a blackmail scam via email. The report was released by the cybercrime investigation firm Digital Shadows and has been reported by The Next Web. Experts called it the sextortion scam and it allows fraudsters to steal Bitcoin from their victims. The email sent by these scammers says that they have recorded the victims viewing explicit content online using their webcam. In order for the hacker not to release the footage, users have to pay a ransom in Bitcoin. The funds were deposited in 92 different Bitcoin addresses. The average transaction was $540. According to several comments on social media, they still receive emails from these scammers. As per the report, there are different groups with different levels of sophistication. There are some emails that seem to be poorly written, while others have better grammar and a higher
Changpeng Zhao, the CEO of Binance, one of the largest virtual currency exchanges in terms of trading volume, has asked Elon Musk to trade a Tesla for Bitcoin (BTC). He asked that ton Twitter when Elon Musk wrote that he only owns 0.25 BTC that a friend sent him several years ago. He went on explaining that he does not have any crypto holdings. Changpeng Zhao said that he still does not have a Tesla and that he would like to trade some with Elon Musk. There were other Bitcoin (BTC) enthusiasts and figures that contacted Elon Musk as well. For example, Anthony Pompliano, the founder and partner at Morgan Creek Digital, said to Musk to send him a Lightning Network invoice or a Bitcoin wallet address. Pompliano said that he will send him more Bitcoin to see how much things have improved during the last years. This comes after the comments that Jack Dorsey gave regarding
Litecoin (LTC) could see new exciting products in the near future. The founder of the popular digital asset, Charlie Lee, said that he had a productive meeting with the CEO of WEG Bank, Matthias von Hauff. He went on saying that there are some exciting products coming to the space. On Twiter, he wrote that the CEO of WEG Bank is not a typical banker and that he really gets crypto. Apparently, the products that could be released to the market could be linked to WEG Bank. Moreover, TokenPay (TPAY) has also announced that the world’s first privacy coin certificate is now available for sale at the investment advisor and Crypto Asset Investment Solutions called Token Suisse. Users and investors can now purchase TPAY with fiat currencies and store their funds on the custodial solution offered by Token Suisse. TokenPay announced the last year that they’ve closed a deal with WEB
NEO DevCon 2019 took place on the 16th and 17th of February in Seattle, Washington. The Summit was meant to bring together developers, DApp creators and industry leaders from various industries to share ideas on the current and future progress of the industry. Although the conference bought in many notable personalities from the crypto ecosystem, one of the most widely anticipated speakers was Neo co-founder Da Hongfei. He spoke about many topics including the future of blockchain industry in the financial industry, his views on NEO 3.0, and also appreciated the contribution of Ethereum dev community. Regarding blockchain technology being utilized in the fintech space, he said: “After 2014, bankers realized that some geeks invented a protocol that could transfer value across countries in a few minutes. So they are curious about the technology and they abstracted it and called it blockchain.” He made clear of the fact that NEO and ETH are taking very different approaches to solve the
Fidelity Investments, one of America’s leading investment companies has received the Lightning Network Torch as the 299th to do so and the
Samsung is, undoubtedly, one of the most well-known corporate names out there. The South Korean multinational conglomerate boasted the highest number of phones sold in Q1 of 2018 as reported by International Data Corporation (IDC). The company is known to back crypto projects like CryptoKitties and AERGO. Also, they are building ASIC Crypto Mining Chips with Canadian-based mining …
The Russian State Duma plans to review and adopt new cryptocurrency regulation in March.
MakerDAO’s MKR token has been in a bull run against ethereum since summer 2018, reaching an all-time high against eth in October, to then continue making new highs. The token…
The Dow Jones and the rest of the U.S. stock market are expected to initiate strong rallies in the upcoming weeks as the confidence of investors in the prospect of a comprehensive deal between the
Bitcoin Cash price is moving within consolidation mode but demonstrating inherent breakout characteristics. BCH/USD has formed a bullish pennant pattern, which is subject to the bulls capitalizing on for further moves to the north. BCH/USD: Recent Price Behavior The Bitcoin Cash price has been trading in consolidation mode for the last few sessions. This came […]
