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It becomes increasingly difficult to look at cryptocurrency price charts without cringing. The current market sentiment is a lot more bearish than we have seen in recent years. All of this will only lead to more losses across all markets in the coming hours and days. The NEM price, for example, has gotten battered quite … Read more
The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more
With all of the cryptocurrency markets in the red once again, there isn’t much to be excited about as of right now. In fact, it is difficult to find any market, which has lost less than 20% of its value in the past 24 hours. Especially when it comes to the XRP price, things are … Read more
Most cryptocurrency users know that BitFury is working on a blockchain analysis tool. Until now, we never heard much about this project, other than how it helped identify a few hundred Bitcoin users with relative ease. In a recent blog post, the company explained that its new service will be known as Crystal. It is a … Read more
It seems Ethereum’s self-sustaining Ponzi scheme has already hit a major roadblock. Even though there was a lot of initial interest in this project, a few spin-offs have been created already. It seems the latest contract, known as ShadowFork, contains a major issue which prevents anyone from withdrawing funds. This also means the contract’s creator … Read more
Things are not looking all that great for the BitGrail service right now. As the company is being forced to verify users’ identities, they have a lot on their plate. Moreover, it seems they will only verify the identities of their European users. It is a bit unclear what this means for the company as … Read more
As both cryptocurrency and blockchain technology become more and more mainstream, several projects are pioneering the push to incorporate this revolutionary tech into economies, markets, and industries worldwide. As international conglomerates, financial institutions, and national governments begin to incorporate blockchains, it is likely that this fusion will only grow. One such cryptocurrency that has already seen adoption in … Read more
It has been coming for a while now, but the Bitcoin price has dropped firmly below $10,000 again. Many people thought we were out of the woods last week, but the real price correction had yet to take place. As a result, we now look at a Bitcoin price of just $9,500, and it seems … Read more
As we had expected a few weeks ago, the rebrand from Raiblocks to Nano has effectively taken place. While some people may not be too happy with the new names, it sounds a lot more professional.As a result, we also see the Nano price surge in value. Thanks to a solid 8.84% gain in USD … Read more
Altcoin exchanges have been a hot topic recently. Top exchanges earned tens or even hundreds of millions of dollars in 2017, despite users of virtually all exchanges running into frequent and significant problems. Such a huge market, combined with the lackluster nature of top providers, creates a prime opportunity for new exchanges to enter the market and potentially … Read more
