The post $250 Million Ethereum Mining Scam? Korean Prosecutors File Charges appeared first on CCNKorean prosecutors have reportedly filed charges against several individuals associated with Mining Max, US-based cryptocurrency mining firm allegedly behind a major cryptocurrency mi … | Continue reading
The post Down 22%: Bitcoin Price Drops From $17,000 to $13,300 in a Single Day appeared first on CCNEarlier today, on December 22, the bitcoin price fell by more than 22 percent from $17,000 to $13,300. Analysts have attributed the fall to the rapid surge in the price of bitcoin … | Continue reading
The post Newsflash: Bitcoin Price Plummets Near $12,000, Down 40% from Record High appeared first on CCNBitcoin price is down nearly 40% from Sunday’s all-time highs near $20,000, falling to a 15-day low near $12,000. Friday’s early trading session saw bitcoin price drop to low o … | Continue reading
The post Tether (USDT) to Launch New Platform in Wake of Alleged November Hack appeared first on CCNThe developers of Tether have said that they will launch a new platform for the cryptographic token following the November security breach that resulted in the theft of $30 million … | Continue reading
The post Back Again: Estonia Announces Plans for e-Residency Cryptocurrency, Estcoin appeared first on CCNRemarkably, the blockchain system has evolved into building concepts that were not originally intended for a decentralized ledger technology. Such will be the case of Estonia … | Continue reading
The post Bitcoin A Good Bet For Millennials, Says Bullish Strategist Tom Lee appeared first on CCNTom Lee, co-founder of the market strategy firm FundStrat Global Advisors and an outspoken bitcoin bull, sees bitcoin as a valid investment for young people. Lee told CNBC’s “Squawk … | Continue reading
The post The EtherDelta Hack Hurts, but It Could Have Been Worse appeared first on CCNIf you haven’t heard the news yet, EtherDelta was subject to a phishing attack on its DNS server yesterday. A hacker compromised the EtherDelta website, supplanting it with a copycat version of … | Continue reading
The post Bitcoin Named ‘Term of the Year’ by Investopedia appeared first on CCNFinancial education outlet Investopedia named Bitcoin is 2017 term of the year, highlighting the extent to which cryptocurrency has become part of the mainstream financial conversation. Bitcoin Named ‘ … | Continue reading
The post Cryptocurrency Exchange EtherDelta Hacked in DNS Hijacking Scheme appeared first on CCNThe DNS server of decentralized cryptocurrency exchange EtherDelta was successfully breached by an attacker on Wednesday, enabling the hacker to redirect users to a malicious website. … | Continue reading
The post Bitcoin Price Drops Near $15,000 from $19,530 Within 5 Days: Major Factors appeared first on CCNThe bitcoin price has dropped from $19,530 to $15,150 within the past five days, since December 17. While analysts have attributed the recent decline to many factors, one majo … | Continue reading
The post Trader Bets $1 Million that Bitcoin Price Will Reach $50,000 in 2018 appeared first on CCNAn unknown trader or group of traders has placed a million-dollar bet that the bitcoin price will reach $50,000 by the end of 2018. As first reported by The Wall Street Journal, tra … | Continue reading
The post Bitcoin Price Drops Another 5% as Mid-Week Slump Continues appeared first on CCNThe bitcoin price declined another five percent on Thursday as it endured a midweek slump that reduced its market share far below the 50 percent threshold. Several altcoins, meanwhile, posted … | Continue reading
The post Ripple Price Surges by Nearly 40%, Surpasses $1 For First Time in History appeared first on CCNThe Ripple price has surged by nearly 40 percent over the past 24 hours led by the US and South Korean cryptocurrency markets. For the first time in history, the price of Rippl … | Continue reading
The post ICO or IBO? Initial Bounty Offerings Are Officially on the Market appeared first on CCNA quick look at leading ICO listing sites reveal just how popular ICOs have become. Thousands are currently active or upcoming. In November, Pantera Capital limited partner Miko Matsum … | Continue reading
The post Breaking: Russia to Reveal Bitcoin, ICO Draft Regulation Bill Next Week appeared first on CCNRussia’s upcoming draft law on regulating cryptocurrencies like bitcoin and fundraising through ICOs will be submitted on December 28. Speaking to reporters today, member of Parl … | Continue reading
The post South Korea’s Bitcoin Cash Frenzy: 2x Higher Volume Than Bitcoin appeared first on CCNThe demand for Bitcoin Cash in the South Korean cryptocurrency exchange market has been skyrocketing over the past two days. 2x Volume of Bitcoin on Bithumb Yesterday, on December 21, C … | Continue reading
The post Japanese Tech Giant GMO Begins Mining Bitcoin in Europe appeared first on CCNJapanese internet and technology conglomerate GMO Internet Co. has kicked off its cryptocurrency mining venture in Northern Europe. First revealed in September, Tokyo-based GMO Internet announce … | Continue reading
The post Bitcoin Has Our Heightened Attention: EU Financial Regulation Chief appeared first on CCNThe European Commission – the executive arm of the European Union – is keeping a close eye on bitcoin markets and is reportedly urging EU banking and markets watchdogs to issue risk … | Continue reading
The post Tax Fears? Anonymous Cryptocurrencies Dash, Zcash and Monero Surge in South Korea appeared first on CCNThe prices of three leading anonymous and privacy-focused cryptocurrencies Dash, Monero, and Zcash have surged in South Korea, amidst local market’s concerns over the S … | Continue reading
TV commentator Jim Cramer made a case for gold building a comeback, implying bicoin didn't influence the precious metal's value. | Continue reading
The post Bitcoin Hype Luring New Investors Into Stock Market appeared first on CCNIt’s no surprise that the hype around bitcoin and other cryptocurrencies has turned many consumers — particularly younger ones — into investors as they chase the market’s unprecedented returns. Cryp … | Continue reading
The post Think Coinbase Employees Engaged in Insider Trading? Deal With It. appeared first on CCNInvestors who are incensed at the allegation that Coinbase employees engaged in insider trading before the exchange added support for bitcoin cash should probably reconsider their dec … | Continue reading
The post Dash Price Continues Surge, Jumps Over 30% In a Single Day appeared first on CCNDash price climbed higher today, rising to $1,557.97 for a market capitalization exceeding $12 billion, according to coinmarketcap.com. The price marked a record high for the currency, which … | Continue reading
The post Pantera Capital’s Morehead Predicts Bitcoin Price Will Drop 50% Next Week appeared first on CCNDan Morehead, CEO and founder of Pantera Capital and a digital currency investor, told CNBC’s Squawk Box bitcoin’s price could fall 50 percent next week to last month’s lowest … | Continue reading
The post ‘Conflict of Interest’: Litecoin Creator Charlie Lee Sells His Entire LTC Balance appeared first on CCNLitecoin creator Charlie Lee revealed on Wednesday that he had liquidated his entire LTC balance and donated it to the Litecoin Foundation, although that does not mean … | Continue reading
The post NYSE Owner Files to List Two Bitcoin ETFs on Arca Trading Platform appeared first on CCNThe operator of the New York Stock Exchange (NYSE) has filed with the Securities and Exchange Commission (SEC) for a proposed rule change that would allow the exchange to list two Bit … | Continue reading
The post Rapper Snoop Dogg Joins the ICO Craze, DJ’s at SparkleCOIN’s LA Party appeared first on CCNWord is out that Snoop Dogg is the most recent celebrity to publically support an ICO. The famed rapper was the guest of honor and DJ at SparkleCOIN‘s ICO recent closing party in B … | Continue reading
The post Bitcoin Price Recovers Past $17,000 as Bitcoin Cash Surges appeared first on CCNBitcoin price recovered past $17,000 on Wednesday morning, even as the bitcoin cash price continued to surge as a result of its listing on Coinbase. As CCN reported, Coinbase and GDAX abruptl … | Continue reading
The post Coinbase Probes Insider Trading Allegations with Bitcoin Cash Launch appeared first on CCNOn December 20, employees and contractors of Coinbase, the world’s largest bitcoin brokerage and wallet platform, were accused by many members of the bitcoin community for insider t … | Continue reading
The director of Denmark’s central bank has warned investors to “stay away” from bitcoin, comparing the cryptocurrency to “tulipmania” in the 1600s. | Continue reading
The post Bitcoin Cash Surges by 50%, Market Optimistic on Coinbase Integration appeared first on CCNThe Bitcoin Cash price has surged by more than 50 percent over the past 24 hours, triggered by the South Korean market’s abrupt increase in demand and the integration of the crypto … | Continue reading
The post India’s Tax Authorities to Issue Notices to 500,000 Bitcoin Traders appeared first on CCNIndia’s Income Tax (IT) department is set to issue notices to up to 500,000 bitcoin adopters trading the cryptocurrency in exchanges across the country. India’s tax suits are widenin … | Continue reading
The post Bitcoin Price Falls Below $16,400, Loses Nearly 15% in Major Correction appeared first on CCNBitcoin price has declined from $19,000 to $16,390 over the past 24 hours, as the bitcoin dominance index dipped dropped to 47 percent and alternative cryptocurrencies in the mar … | Continue reading
The post Kuwait’s Ministry of Finance Refuses to Recognize Bitcoin appeared first on CCNKuwait’s Ministry of Finance has reportedly refused to acknowledge or recognize bitcoin and has banned financial institutions from trading with the cryptocurrency. Citing sources, an Arab Time … | Continue reading
The post Philippine Regulators Push For Unified Rules on Bitcoin Investments appeared first on CCNPhilippine regulators are pushing for a unified rule on cryptocurrencies like bitcoin – when used as investments. The Bangko Sentral ng Pilipinas (BSP) said it would coordinate with … | Continue reading
The post FinTech Stock LongFin Surges 2,600% Following Blockchain Company Acquisition appeared first on CCNThe cryptocurrency world’s recent heights, with Bitcoin surpassing $19,600 per coin, and Ethereum reaching a new all-time high above $850, are seemingly heavily influencing … | Continue reading
The post Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin appeared first on CCNEmil Oldenburg, co-founder and chief technology officer at Bitcoin.com, has sold his bitcoin and switched to Bitcoin Cash because he is skeptical about its future, … | Continue reading
The post Famed Short Seller ‘Pounding the Table’ on Bitcoin Investment Trust appeared first on CCNFamed short seller Andrew Left said that he believes the Bitcoin Investment Trust (OTC: GBTC) represents one of the easiest — and most profitable — short opportunities, regardless of … | Continue reading
The post One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds appeared first on CCNThe London Block exchange recently conducted a study involving 2,000 Britons. The study demonstrated that 5 percent of people under the age of 45 already have cash invested in a … | Continue reading
The post Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly appeared first on CCNThe bitcoin dominance index has fallen below 50 percent for the first time since October, as alternative cryptocurrencies in the market such as Ethereum, Litecoin, and Rippl … | Continue reading
The post Augur Price Jumps 100%, for No Apparent Reason? appeared first on CCNThe augur price doubled on Tuesday in what may be a coordinated pump-and-dump — or at least a case of FOMO run wild. Augur Price Doubles Against the Dollar Augur, of course, is a much-anticipated decent … | Continue reading
Bitcoin price fell by more than $1,100 in less than two hours during intraday trading on cryptocurrency exchange Bitfinex. Bitcoin Price Sheds $1,100 in 80 Minutes The bitcoin price had already been in decline leading into Tuesday morning, causing it to dip below the $19,000 leve … | Continue reading
The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCNThe company that operates South Korean cryptocurrency exchange Youbit filed for bankruptcy after the trading platform was breached for the second time this year. Yo … | Continue reading
The post Singapore’s Central Bank Cautions Against Cryptocurrency Investments appeared first on CCNThe meteoric gains in value by bitcoin and other cryptocurrencies have “concerned” Singapore’s central bank into issuing a public caution against cryptocurrency investments. In a no … | Continue reading
The post Ethereum Price Posts All-Time High Near $900 as Bitcoin Dominance Slips Below 50% appeared first on CCNThe ethereum price exploded to a new all-time high on Tuesday, headlining an altcoin rally that briefly forced bitcoin’s market share below 50 percent for the first tim … | Continue reading
The post Bitcoin’s Economic Moat: The Network Effect appeared first on CCNRecently, the Winklevoss twins stated that Bitcoin will ultimately become a trillion dollar asset. The twin’s primary argument is the network effect of bitcoin, ultimately, will create a moat protecting it … | Continue reading
The post Bitcoin Isn’t a Credible Currency Yet, Says Japan’s Finance Minister appeared first on CCNJapan’s top financial official has offered his stance on bitcoin in a year where the cryptocurrency was ruled a legal method of payment in the country. In remarks today, Japanese fi … | Continue reading
The post $850: Ethereum Price Hits New All-Time High with Explosive Growth appeared first on CCNThe Ethereum price has surpassed the $850 mark for the first time in history, establishing a new all-time high amidst strong performances by decentralized applications like CryptoKitti … | Continue reading