LATEST ARTICLES

Increased Bitcoin Demand Puts a Strain on Global Exchanges

exchanges

Just recently we reported on the Poloniex exchange trying to handle a significant increase in cryptocurrency trading as well as a large influx of new customers. However, Poloniex is not the only trading platform dealing with more trading action as nearly every exchange is experiencing increased demand. Also read: Crypto Tales Pt. 1: Odd Stories That Surface in Bitcoin-Land 'Significant Pressure on...

Japanese Internet Giant GMO Postpones Launching Bitcoin Trading Platform

Japanese Internet Giant GMO Postpones Launching Bitcoin Trading Platform to May 31

Japanese conglomerate GMO Internet Group previously announced that its full-service bitcoin exchange and trading platform would open its doors to the public on May 24. The company has postponed the launch to May 31. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May 24 One Week Delay Z.com Coin is GMO Internet Group's full-service cryptocurrency exchange. Its launch...

SEC Wants Companies Issuing Tokens to Protect Their Investors

The Securities and Exchange Commission has not said much about crypto companies issuing new tokens, usually called "ICO's", Initial Coin Offerings. The issue has remained silent. Now SEC provided a statement on May 23, saying they want ICO's to be fair. They want cryptocurrency startups to protect their investors.  Also read: Russia’s Central Bank Drafting Proposal to Classify Bitcoins as Digital Goods A...

Bitcoin Experiences an Intense Flow of New Money and Mainstream Attention

mainstream

Over the past month, mainstream media has given Bitcoin the spotlight due to the digital currency’s recent jumps in value. Multiple news reports featured in prominent publications and on television are saying mainstream investors are flocking to cryptocurrencies in great number. Also read: Are Asian Markets Creating a Bitcoin Price Bubble? ‘The Laughter is Fading’ Mainstream media is giving Bitcoin a lot of...

Bitcoin’s Price Correction Called in Advance by Analyst

Bitcoin's Price Correction Called in Advance by Analyst

As bitcoin's price skyrocketed on Thursday May 25, one analyst predicted an imminent correction. The price of bitcoin soon fell sharply before reaching $2,800 as she predicted. She also gave some price forecasts, warning of a downturn for the rest of the year but record highs in 2018. Also read: Fidelity Integrates with Coinbase, Mines Bitcoin and Accepts Bitcoin at its Cafeteria Fibonacci...

Russia’s Central Bank Drafting Proposal to Classify Bitcoins as Digital Goods

Russia's Central Bank Drafting Proposal to Classify Bitcoins as Digital Goods

The Central Bank of Russia has proposed classifying cryptocurrencies including bitcoin as digital goods for tax purposes, according to local publications. The draft proposal is due in one month. Also read: Russia Considers Recognizing Bitcoin in 2018 to Fight Money Laundering Classifying Bitcoins as Digital Goods The Deputy Governor of the Central Bank of Russia, Olga Skorobogatova, revealed on Thursday that the bank...

Are Asian Markets Creating a Bitcoin Price Bubble?

Asian

Bitcoin’s price has been rising so fast over the past two months people don’t know what to expect next. In Asia, the price is climbing higher than most western exchanges. Now many people are wondering how healthy the current price spike is and whether or not the digital currency is in a bubble that might be followed by a...

Bitcoin Price Falls Sharply After Nearing a $2800 All-Time High

After rising exponentially for three solid days, bitcoin prices fell sharply on Thursday afternoon dropping over $500 in a four-hour period. The price has rebounded since the drop hovering above a $2300 per BTC average across global trading platforms. Also read: Leading Japanese ATM Manufacturer Oki Gets into Bitcoin ATM Business Stairs Going Up, Elevator Going Down As the saying goes 'what...

Bitcoin Helps Venezuelan Families Avoid Starvation

starvation

On May 24 a cryptocurrency enthusiast revealed that bitcoin was saving his parents and sister from suffering from starvation. The U.S. resident says his family lives in Venezuela and bitcoin is giving them the opportunity to purchase food and pay bills while the economy crumbles around them. Also read: South Korean Bitcoin Exchanges Trade $1000 Over Global Average Bitcoin Saves a Family...

South Korean Bitcoin Exchanges Trade $1000 Over Global Average

South Korea

Bitcoin is shining brightly in South Korea as the price per BTC in the region has reached upwards of $3500-3800 across the country’s top three exchanges. Many traders are finding significant arbitrage opportunities due to South Korean spreads being over $1000 higher than the global average. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub  South Korean Bitcoin Trade Volume Is...