Cryptocurrencies have been being used for online purchases and investing for a few years now and this is a great way to perform transactions securely. A cryptocurrency is a digital asset that is not controlled or regulated by a central bank. The first cryptocurrency to be used was the Bitcoin, …Read More »
China are taking further steps in order to regulate crytpocurrencies. The authorities have decided on a “comprehensive ban” on platforms that allow users to buy or sell cryptocurrencies. This follows on from their ban of ICOs earlier in September. China is attempting to gain control over cryptocurrency with this latest …Read More »
JP Morgon Boss Jamie Dimon has caused a lot of anger with his declaration that Bitcoin is a fraud. On his announcement pretty much every major cryptocurrency went into a fairly major nosedive. While his motives might be suspect he does bring up some valid points about the viability of …Read More »
Bitcoin hits $5,000 and the Chinese Government bans ICOs sending the market into a freefall, are we witnessing a cryptocurrency crash?
Bitcoin hit a major milestone on Friday. The cryptocurrency finally surpassed $5,000 in value. This coincided with an announcement from China that ICO’s are now illegal. These two factors then prompted a massive market selloff that bought the value of every major cryptocurrency tumbling down. The market shows no signs …Read More »
The bitcoin world has seen some dramatic changes this month. On August 1st a group of Bitcoin users dissatisfied with changes to Bitcoins code decided to commit to a hard fork. They named their new currency Bitcoin Cash. Now both currencies are squaring up in the competition to dominate the …Read More »
Another day another coin bursts onto Cryptocurrency scene. This time it is the young Chinese Alt-Coin NEO that is making waves. After hovering at a paltry $6-8 for the last few months the upstart currency has exploded in value over the last two weeks, reaching highs of $42. with no …Read More »