News From The Crypto Currencies Scene

2017-11-18 08:14
Cryptocurrencies becoming a physical model of payment now
Bitcoin is currently at over $7,000 per bitcoin. Now, users can buy partial coins and hence don’t need to spend thousands of dollars to utilize the platform. It could be used for simple transactions like $3.50 for coffee or a few dozen bitcoins to purchase a car.…
2017-11-17 08:00
Bitcoin prices reach 13 500 in Zimbabwe as tension rises
Zimbabwe is on the verge of a civil war as the tension rises with the Zimbabwean armed forces taking control of the nation’s authority on Wednesday. Afraid of their immediate history of Zimbabwean dollars is becoming worthless to repeat it sooner than ever, and the Zimbabweans believe that by converting all their assets and savings into Bitcoin they can protect their hard earnings. This gave a price upsurge to Bitcoin in their country. Bitcoin is currently being sold at USD 13,500 in Zimbabwe.…
2017-11-17 04:15
Cryptocurrency based poker game plans to extinct cheating
Rewriting the rules of poker gaming software, CoinPoker is based on cryptocurrency and is also available for free play. It will run on CHP tokens and has blockchain technology to fight against the emerging unfairness in the game. Building a bridge between Poker players and cryptocurrency enthusiasts, CoinPoker’s software aims to revamp the game from any negative impact.…
2017-11-01 08:09
After Bitcoin Futures approval from CME Bitcoin prices rise to all time high
An all-time high upsurge has been noticed in the prices of Bitcoin in the wake of being approved for the futures market. On Tuesday, Bitcoin traders were surprised to see a phenomenal upsurge in the costs of the Bitcoin cryptocurrency after future market giant CME announced to support it. Bitcoin surpassed $6,500 and $6,600 on Wednesday to hit a new record high hence resulting the CME to announce plans to launch bitcoin futures later this year. Its market capitalisation, or the total value of bitcoin in circulation, hit $110 billion.…
2017-10-26 09:11
Singapore won t regulate cryptocurrency but will have an eye on potential risks
The head of Singapore’s Central Bank says that the country doesn’t plan to regulate cryptocurrencies such as Bitcoins. However, it will remain alert to practices such as money laundering and other such potential risks originating from their use.…
2017-10-24 09:03
Wirex and SBI holding join hands to establish Japanese Crypto Payments Card
Wirex, the blockchain personal finance platform has joined hands with Japan’s FinTech investor SBI Holdings to launch a new joint venture-SBI Wirex Asia, focused on Asia. This new venture will deliver a Japanese cryptocurrency payment card and joint businesses.…
2017-10-17 07:41
Russia will issue its own CryptoRuble
According to a local news source, the Russian president, Vladimir Putin, in a closed door meeting in Moscow, announced that Russia will issue its own ‘CryptoRuble’. The minister of communications, Nikolay Nikiforov confirmed the official announcement.…
2017-10-09 08:56
Crypto currency may replace dollar if IMF finalises
In a news report by Wall Street Journal, it is believed that the world is going to the see the inception of an international cryptocurrency as a response to overindulgence with Bitcoins. After a recent comment made by Christine Lagarde, head of the International Monetary Fund (IMF) that governments and bank should not encourage shortchanging of Bitcoin and cryptocurrencies.…
2017-10-06 07:54
Malaysia s Central bank may ban cryptocurrency
The Malaysia’s central bank governor will not rule out a ban on cryptocurrencies. Speaking to reporters upon upcoming regulations at a financial crime conference in Kuala Lumpur, the Bank Negara Malaysia (BNM) governor said that it would be decided at the end of the year whether to ban the trading of cryptocurrencies under its mandate as a domestic financial regulator or not.…
2017-10-04 07:27
Bitcoin prices hit 1 week lows
The Bitcoin prices on Wednesday fell to hit one-week lows. Having opened at $4,310.60, Bitcoin was trading at $4,229.90 by 06:23 AM ET (10:24 GMT), down 1.87% on the U.S. based Bitfinex exchange. This fall in the price of Bitcoin is a pullback from the 5-week highs set earlier this week.…
2017-09-26 06:06
Bitcoin Manages To Get 85 % Premium Priced At 7200 In Zimbabwe
Bitcoin is trading at a whopping $7200 in Zimbabwe.…
2017-09-26 03:32
Ukraine Dismisses Bitcoin To Be A Currency
An official from the Central Bank of Ukraine has claimed that the country doesn’t acknowledge bitcoin as a currency or medium of trade.…
2017-09-25 21:01
Shanghai Shows Exit To Crypto Trading Markets
17 trading platform will reportedly stop trading cryptocurrency in Shanghai. Among the names, BTCChina, SZZC, Binance, 51SZZC 91ICO, Lhang, Bitekuang, ETCWin FreeWillex, Bitbill, 19800Net ICORaise, ICOAGE ICOrace, ICOfox and ICO17 declared publicly that they further do not carry out ICO operations and plan to exit the market.…
2017-09-23 08:28
As China s Exit Hangover Persists Bitcoin Prices Continue To Suffer
The bitcoin prices have come down on Friday, raising speculation that the market is still not over China’s exit and seemingly the attitude isn’t going anytime soon.…
2017-09-22 08:27
The European Union Sets Out New Penalties For Cryptocurrency Crimes
The European Union is planning to set out new penalties for cryptocurrencies related cybercrimes.…
2017-09-21 21:08
Malaysia Planning To Legalise Bitcoin
Despite China going hard on cryptocurrencies, other countries have shown a far pleasant response to the digital assets. Tan Sri Muhammad Ibrahim, Malaysia’s Bank Negara governor, in a recent statement, said that developing Financial Institutions would indicate that Malaysia may be considering embracing Bitcoin.…
2017-09-21 10:57
Swiss Financial Authority Cracks Down On Fraudulent Crypto Scheme
Switzerland's Financial Market Supervisory Authority (FINMA), has reportedly shut down three companies for allegedly running a cryptocurrency scam on September 19. …
2017-09-20 06:23
Mexico To Regulate Bitcoin And Other Cryptocurrencies
Mexico is soon rolling out its new legislation to regulate its fast-paced financial technology sector, which includes firms that use cryptocurrencies like Bitcoin. …
2017-09-19 06:49
Malta Takes A Step Forward To Embrace Blockchain Technology Introduces Taskforce To Advice On Implementations
Malta, a small island nation is making a lot of news for varied reasons, for hosting Bitcoin meetup and then planning to legalise cryptocurrency wholesale.…
2017-09-18 17:42
Bank Of Namibia Sticks With Old Laws To Reject Bitcoin Exchanges
Bank of Namibia, Central Bank of Namibia, have declared that digital currency exchanges have stood no position in the country under its law which is decades old. The bank has also advised the merchants in the country to not to accept payments for goods and services in bitcoins or any other cryptocurrencies.…

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