Bitcoin Price Hits a New Yearly Low at $5,170; is $4,000 Inevitable?

Bitcoin Price Hits a New Yearly Low at $5,170; is $4,000 Inevitable?

Advertisement Twitter Facebook LinkedIn Within a period of 12 hours, the price of Bitcoin (BTC) has dropped from $5,560 to $5,170, to a new yearly low. After dropping to $5,750 on June 11, BTC has defended the $6,000 support level relatively well with sufficient volume and trading activity in the exchange market. $6,000 has since…

Israeli Crypto Mining Firm Files for IPO in Canada

Israeli Crypto Mining Firm Files for IPO in Canada

Advertisement Twitter Facebook LinkedIn Israeli cryptocurrency mining company Bitfarms wants to become a public company in Canada. According to its press release, the mining company revealed that it had filed a preliminary prospectus with the Ontario Securities Commission, as it commences with the regulatory process for offering public shares on the Toronto Stock Exchange. Bitfarms,…

Malaysia Launches Blockchain Certificate Verification to Combat Degree Fraud

Malaysia Launches Blockchain Certificate Verification to Combat Degree Fraud

Advertisement Twitter Facebook LinkedIn The Malaysian Ministry of Education is turning to blockchain technology to combat degree fraud in order to maintain the integrity and reputation of universities in the Southeast Asian country. This has seen the ministry unveil an issuance and verification system for university degrees based on the NEM blockchain. Known as the…

$14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value

$14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value

Advertisement Twitter Facebook LinkedIn Over the past 24 hours, more than $14 billion has been wiped out of the crypto market as Bitcoin (BTC) dropped by five percent. Bitcoin, the most dominant cryptocurrency in the market in terms of price, market cap, and volume, demonstrated the smallest loss out of all major cryptocurrencies. Bitcoin Cash…

South Korea’s Zeniex Exchange to Shut Down After Less Than 6 Months

South Korea’s Zeniex Exchange to Shut Down After Less Than 6 Months

Advertisement Twitter Facebook LinkedIn Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop. The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token. “… with recent issues regarding ZXG, we…

Bitcoin.com Mining Pool Directs All Hash to Bitcoin Cash ABC

Bitcoin.com Mining Pool Directs All Hash to Bitcoin Cash ABC

Advertisement Twitter Facebook LinkedIn Roger Ver’s Bitcoin.com mining pool users are mining Bitcoin Cash ABC in support of the ongoing contentious hard fork, and if they don’t like that, they’ll have to move to a different mining pool, according to an announcement posted on the dashboard of the Bitcoin.com mining interface. Source: Bitcoin.com/mining Bitcoin.com mining…

Could Switzerland’s Crypto ETP Make a Bitcoin ETF More Likely?

Could Switzerland’s Crypto ETP Make a Bitcoin ETF More Likely?

Advertisement Twitter Facebook LinkedIn This week, SIX Swiss Exchange, Switzerland’s principal stock exchange based in Zurich, approved the listing of a crypto exchange-traded product (ETP) with the ticker “HODL.” Like the Coinbase Index and Bitwise Hold 10, Amum ETP represents the value of five cryptocurrencies that include Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Bitcoin Cash…

Fortnite V-Bucks & Crypto are Replacing Gift Cards on Christmas Lists

Fortnite V-Bucks & Crypto are Replacing Gift Cards on Christmas Lists

Advertisement Twitter Facebook LinkedIn A new report suggests that cryptocurrency and digital assets are becoming something of a staple in the lives of the upcoming generation, with potentially seismic implications for the world of finance in the future. The Holiday 2018 report released by investment bank and asset management company Piper Jaffray reveals that, for the first…