Home / Tag Archives: News (page 146)

Tag Archives: News

Bitcoin Drops From $7,900 to $6,600 as Cryptocurrency Market Takes a Beating

The valuation of the entire cryptocurrency market has declined to $253 billion, down $100 billion over the past week. The price of most major cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash dropped by more than 13 percent throughout March 30. Slump Continues Over the past 24 hours, the price …

Read More »

Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJ

One of South Korea’s largest insurance companies has denied a claim from cryptocurrency exchange Youbit in the wake of a December cyberattack that bankrupted the firm’s parent company. The Wall Street Journal reports that DB Insurance denied a $2.8 million claim from Yapian Corp. — Youbit’s parent company — in …

Read More »

OTC Markets Flags Cryptocurrency Stocks

“Anonymous, paid stock promotion should have no place in the public markets. We are taking responsibility to provide transparency to investors and encourage public companies to disclose and correct misinformation that can harm the efficient market pricing process,” R. Cromwell Coulson, the CEO of OTC Markets, an exchange which lists …

Read More »

Scammers are Purporting to be Cryptocurrency Exchange Tech Support, FBI Warns

The Federal Bureau of Investigation (FBI) recently sounded the alarm on tech support scams throughout the web and pointed out that cryptocurrency users are being increasingly targeted. Individual victims, according to the agency, often see losses “in the thousands of dollars.” The FBI’s Internet Crime Complaint Center (IC3) sounded the …

Read More »

German National Tourist Board Now Accepting Cryptocurrencies as Payment for Services

Starting March 5th, 2018, the German National Tourist Board, headquartered in Frankfurt, is accepting payment in cryptocurrencies like Bitcoin for services, as a response to their interest in utilizing the blockchain technology supporting cryptocurrencies in the German and international markets. Primarily financed by the German National Ministry of Economy & …

Read More »

John McAfee’s $1 Million Bitcoin Price Bet Just Hit a Major Technical Hurdle

Eccentric cybersecurity pioneer and long-time cryptocurrency bull John McAfee just hit a major technical hurdle in his gamble that the Bitcoin price will reach $1 million by mid-2020. On Thursday, the “McAfee Bitcoin Price Prediction Tracker” — which charts the price of Bitcoin relative to McAfee’s ambitious prediction — fell …

Read More »

Cryptos on the Brink: Ethereum, Ripple Prices Plunge as Coins Post 2018 Lows

The cryptocurrency markets continued to sour on Thursday, as the first quarter’s bearish wave continued to reverberate throughout the nascent industry. A variety of altcoins sunk to year-to-date lows and large-cap coins like Ethereum and Ripple were not immune from the bloodbath. Altogether, the cryptocurrency market cap shed another $17.8 …

Read More »

Did Futures Markets Negatively Affect Bitcoin Price and the Entire Crypto Industry?

Late last year, the cryptocurrency community highly anticipated a surge in bitcoin price after the launch of the bitcoin futures market operated by the Chicago Board Options Exchange (Cboe) and CME Group, two of the largest options exchanges in the global market. Almost immediately after the entrance of Cboe and …

Read More »

Bitcoin ‘Death Cross’ Lures Market Bears

With Easter just around the corner, it almost seems ironic that the bitcoin price is technically nearing a death cross. Everywhere you turn, there’s a new forecast for the bitcoin price — from $30,000 to $3,500. Technical analysis, which is used by traders to forecast whether securities are going to move higher …

Read More »