Bitcoin’s price was above 8,000 at the end of July. Now, in the middle of August, the cryptocurrency is down to around 6,500. What you’re seeing now is a bit of panic selling Brian Kelly said on CNBC’s Power Lunch on Tuesday. To me, it’s one of the better entry points that we’ve had in […]
Read MoreSquare’s push into the cryptocurrency market is leading to a surge in downloads for the firm’s Cash app, surpassing PayPal’s popular Venmo mobile money service for the first time.Cumulative downloads for the Cash App now total 33.5 million, exceeding Venmo’s 32.9 million for the first time ever, according to data from Sensor Tower and Nomura.
Read MoreCryptocurrency values may have peaked in December 2017, but the cryptocurrency movie has nowhere to go but up – at least, that’s what the producers of Crypto are hoping. The upcoming film, currently in post-production, tells a classic crime thriller set against the backdrop of shady cryptocurrency dealings (think Michael Clayton meets Sicario).
Read MoreIn January, Petrus Potgieter and I blogged about the similarities between bitcoin and gold. Specifically, we considered similarities between using gold and bitcoin as currencies used to settle transactions.
Read MoreAlmost 100 million in cryptocurrency has been stolen by exit scammers, as ICO tokens continue to plummet in value. Indeed, the figures suggest that ICO scams over the last two years total at least 96.8 million in value, according to data compiled by blockchain intelligence firm Diar.
Read MoreAs an increasing number of people get involved with cryptocurrencies in some way, particularly retail rather than professional investors, regulators have taken a keen eye on the industry. But it’s not just bitcoin they are looking at.
Read MoreTo quote the bard, in a manner of speaking: Bubble, bubble, boil … then trouble. Before the Macbeth purists rankle, we’re talking about cryptocurrencies – where drama is underway, so a bit of poetic license is alright.
Read MoreWho buys Bitcoin and its cryptocurrency ilk? A relatively small segment of the population, according to a June survey by cryptocurrency app Gem and analytics firm Harris Insights. Roughly 8 of Americans invest in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, the poll of over 2,000 adults revealed.
Read MoreBitcoin ATMs seem to be becoming more and more popular around the world. CoinIQ has created this great infographic to have a quick look at some key Bitcoin ATM statistics.
Read MoreWith the increasing popularity of digital assets, more sophisticated means are being developed to obtain ownership of these highly sought-after coins illegally. A recent study has put the United States at the heart of global cryptocurrency crime. The study also reports that cybercriminals have attacked all top cryptocurrency exchange platforms.
Read MoreInfantes findings contradict the popular perception that bitcoin is mostly being used by criminals such as the notorious Dread Pirate Roberts, but also show that the underground market is one of the biggest groups of people using bitcoin for its actual features rather than its price gyrations.
Read MoreFred Schebesta, a known entrepreneur and a CEO of Finder.com has just announced the intention to open a first crypto bank, which is to be located in Australia.
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