Bitcoin has gone parabolic again, but the factors fuelling its rise make for much more enjoyable reading than in 2017. Bitcoin (BTC) rising above $10,000, $11,000 and $12,000 surprised everyone in 2019 – but the takeaways from this year’s surge makes for unbelievable reading. As Cointelegraph reported, this year’s bitcoin price action has little in […]
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An official at Iran’s Ministry of Energy said that the authorities will have to cut off power to crypto mining due to energy overconsumption. The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24. Mostafa […]
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Bitcoin naysayers are having a hard time realizing that it’s here to stay, says Nexo cofounder Antoni Trenchev. Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25. During the interview, Trenchev pointed out that […]
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Bitcoin is on track for reversing its 2018 bear market metrics as its price continues to gain above $11,000. Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Market visualization courtesy of Coin360 Data from Coin360 puts bitcoin firmly in the driving […]
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Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin. Stablecoins have become rather frequently discussed in the news and social media over the past few weeks, especially with the news of the release of the Facebook-backed Libra coin. The current wave of stablecoin issuance could be attributed to […]
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How TON could disrupt the blockchain landscape. Recently, new materials surfaced about the lite client for the Telegram Open Network (TON) blockchain, powered by encrypted instant messaging service Telegram. Based on the content of these documents, it is possible to make a lot of assumptions about its future, especially in regard to comparing TON with […]
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Cybersecurity firm Kaspersky released a survey revealing that only 10% of global consumers “fully understand how cryptocurrencies work.” A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency. The survey, titled “The Kaspersky Cryptocurrency Report 2019,” was carried out in October and November […]
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Bitmain is preparing for an initial public offering in the United States — three months after plans for a share sale in Hong Kong lapsed, according to a report. Chinese cryptocurrency mining giant Bitmain is revisiting plans for an initial public offering (IPO,) Bloomberg reported on June 21. The company had filed to list an IPO on […]
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There are signs of increasing institutional interest in cryptocurrencies. Can this propel the markets to the next level? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a […]
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The Fair Trade Commission originally asked Bithumb and four other platforms to increase liability in 2018. Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June 17, citing Yonhap News Agency. A year after the […]
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