
Bear Market Forces Bitmain Shut Down Its Development Center
Bitmain’s Israeli Development Center shuts down with the firm’s China-based IPO approaching. The current bear market is somewhat to be blamed for the drastic decision.
Bitmain’s Israeli Development Center shuts down with the firm’s China-based IPO approaching. The current bear market is somewhat to be blamed for the drastic decision.
Data from CoinMarketCap showed that Bitcoin’s share of the whole cryptocurrency market hit an 11-week high last week. At current values, bitcoin has a total market capitalization of $61.7 billion.
Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.
Bitcoin recovered yesterday after a 30% decline over the course of the last week. It had seen substantial growth in value in 2017 but suffered a 14-month decline after repeated cases wherein large exchanges were hacked.
A member of the British Parliament has voiced an idea to allow UK residents to pay their local taxes and utility bills using Bitcoin.
With a view to make the crypto space more user-friendly, CoinSwitch helps to convert 400+ currencies across 45,000 pairings within one service.
WCX, a trading platform which lets people access the global financial markets using just Bitcoin, allows its users go long or short on more than 100 markets, with all profits and losses paid out in Bitcoin.
China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.
A breakout below the support level of $3,094 will further decline in Bitcoin price towards $2,261 – $1,500 price level. Traders can remain flat as long the consolidation continues.
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.
While Bitcoin recovered by 10% over the weekend, it is still facing some crucial resistance levels ahead for a short-term surge. Here’s what analysts have to say.
As investors have been eagerly waiting for the Bitcoin price reversal after a continuous price-drop, here’s look into what experts from the crypto industry have to say.
Congressman Darren Soto and Ted Budd have introduced the bills that direct the CFTC and other financial regulators to make recommendations for how to improve the crypto regulatory environment for both consumers and businesses.
MasterCard has filed a patent application in an attempt to implement a new strategy of maintaining the anonymity of crypto transactions. The company seeks to attract users who prefer transactions anonymity.
Alexander Borodich, CEO Universa.io and expert venture investor, shares his clues into how to leverage human resources and team building in order to turn crypto-startups into unicorns.