Latest Crypto Currencies News
Bitcoin on the brink of $20,000Dec 18, 2017
The value of Bitcoin has touched a new high of $19,783.06 on Sunday. The largest crypto currency by market cap has registered 1800 percent gains this year.
Bitcoin hype keeps me awake at night: Bank of Canada ChiefDec 16, 2017
The chief of Bank of Canada, Stephen Poloz said that the hoopla around Bitcoin keeps him awake at night. He was speaking during the year-end speech titled “Three Things Keeping Me Awake at Night” at the Canadian Club of Toronto.
Woman arrested for laundering money via Bitcoin to ISISDec 15, 2017
A woman has been charged with sending tens of thousands of dollars worth of Bitcoins to ISIS fighters overseas. The woman, identified as Zoobi Shahnaz of Brentwood, used bogus information to swindle money from the banks.
Ripple gains over 70%; closes in on Bitcoin CashDec 15, 2017
It is Bitcoin that has been making the ripples in the finance sector for quite some time now. It was about time for Ripple to take the driver seat of the crypto market with record gains, to move closer to $1.
“Bitcoin” second most Googled Global News of 2017Dec 14, 2017
Given the headlines Bitcoin has made in the recent time, it is not strange to see it TWICE in the Google’s most-searched list for 2017.
Korea ban banks from dealing in BitcoinDec 14, 2017
The government of South Korea has banned its financial institutions from dealing in virtual currencies such as Bitcoin on Wednesday. The announcement has come amid soaring crypto currency prices fuelled by retail speculators in the country.
Ethereum and Litecoin hit new recordsDec 14, 2017
Two of its best-known rivals of Bitcoin – Ethereum and Litecoin – have soared to new records. The crypto currencies have had some crazy runs in the recent time, however, mostly Bitcoin. This time, not Bitcoin, but Ethereum has been making the news for hitting a new all-time high and going past $600 price barrier for the first time.
Bitcoin is 'a speculative mania': RBA chiefDec 13, 2017
Australia’s central bank chief Philip Lowe is the latest dignitary to raise the alarm on Bitcoin. Lowe said that the current fascination with the crypto currency feels more like a speculative mania and in all likelihood it poses a grave threat to appeal to criminals than consumers.
Bitcoin: What's ahead for 2018?Dec 12, 2017
Bitcoin has taken over the world. Not just Bitcoin, but most crypto assets, have had crazy runs this year. Would 2018 be any different for ballistic Bitcoin?
$400m ICO for floating cryptocurrency casino in MacauDec 12, 2017
Hong Kong-based gaming company Dragon Corporation is attempting to raise more than $400 million to construct a floating cryptocurrency casino in Macau. The token sale was open for investors in “most countries except the United States, mainland China, and Singapore.”
Fake Ether App rises to #3 on Apple’s App Store, taken offDec 12, 2017
An app pretending to be MyEtherWallet, a free service for storing digital currencies, soared to the top of the iOS App Store before being taken down. The threat has come following a great week for Bitcoin and other crypto currencies wherein the crypto currency market witnessed an increase by more than 20 percent while the price Bitcoin broke $17,000 barrier for the first time.
Bitcoin makes firm debut on Wall StreetDec 11, 2017
Bitcoin entered the world of mainstream finance on Sunday, December 10, 2017, with the Chicago Board Options Exchange (CBOE) Global Markets’ launch of Bitcoin future contracts. In the debut session on CBOE’s exchange, the crypto currency surged as much as 25 percent.
Bitcoins worth millions stolen from mining siteDec 8, 2017
A Bitcoin mining company in Slovenia, NiceHash, has reported a heist of tens of millions of dollars. The incident has happened just days before the virtual currency starts trading on major U.S. exchanges.
Bitcoin shakes bubble caution; hits $17000Dec 8, 2017
Bitcoin has carried on its unstoppable rally to pierce through $17000 amid speculations of the nearing bubble bust. According to the latest available data on coinmarketcap.com, the BTC/USD pair is trading at $17,096.80.
Intercontinental Exchange holds back on crypto-futuresDec 7, 2017
After having put a lot of thought into the idea of futures contracts on crypto currencies such as Bitcoin, Intercontinental Exchange (ICE) has held back the move. According to the chief executive of ICE Jeff Sprecher, the opaque nature of the underlying markets has made them stay put.
Crypto Market Nears $400 BillionDec 7, 2017
The value of Bitcoin has experienced a surged on the back of a strong trading session at night on Tuesday, having risen by 10 percent to top $14,000 for the first time
RBI raises another alarm over Crypto CurrenciesDec 6, 2017
The Reserve Bank of India (RBI) has issued a public warning on the use of crypto currencies for the second time this year. India's central banking institution warned adopters (“users, holders and traders”) of virtual currencies (VCs) such as Bitcoin, regarding “potential economic, legal, financial, operational, customer protection and security related risks.” The first caution had come earlier in February this year.
Bitcoin consolidates, break above $12000Dec 6, 2017
Bitcoin has reached a fresh record high, breaking $12k on Tuesday and strengthening its gains. No clear catalyst was identified to have led to today's upsurge, although the positive impact of CBOE offering bitcoin futures might have carried over.
Venezuela President unveils oil-backed crypto currency ‘petro'Dec 5, 2017
Venezuelan President Nicolas Maduro has turned to the world of crypto currencies, announcing the launch of virtual currency “petro” backed by oil reserves.
UK, EU mull over Crypto CrackdownDec 5, 2017
The UK and EU countries mull over a crackdown on the crypto market with the aim to bring digital currency in line with anti-money laundering and counter-terrorism financial legislation. The UK government is reportedly negotiating amendments to the anti-money-laundering directive.
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