Cryptocurrency fans say price crash is a "bump in the road"
The future of cryptocurrencies will entail greater regulation, more involvement by large institutions, lower volatility and greater integration with traditional assets.
That’s according to panelists at the Bloomberg Crypto Summit held...
Floyd Mayweather paid $300,000 to endorse fraudulent cryptocurrencies
DJ Khaled and Floyd Mayweather Jr have been charged by the Securities and Exchange Comission (SEC) for failing to disclose that they were paid to endorse fraudulent initial coin offerings (ICOs).
The SEC said that these are...
Cryptocurrency losses approach $700 billion as crash continues
The great cryptocurrency crash of 2018 is heading for its worst week yet.
Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index’s weekly decline to 25 percent.
[Bloomberg]
Cryptocurrency-related shares plummet as Bitcoin falls
Shares of several cryptocurrency-related companies in Asian markets fell Thursday, following earlier losses among U.S. names after Bitcoin led a sell-off in digital currencies.
Monex Group Inc., which owns the Japanese exchange Coincheck...
Cryptocurrency poised for major rally at the end of 2018
The cryptocurrency world is stirring.
A technical indicator for an index tracking some of the largest digital currencies suggests the crypto industry could be poised to break out of its recent malaise and rally at year end.
[Bloomberg]
Cryptocurrency is the mother of all scams - Economist
Cryptocurrency critic Nouriel Roubini, the economist who’s famous for foreseeing the 2008 financial crisis, is back in the headlines again, and this time it’s because he’s dissing digital money in front of the U.S. Senate.
In a scathing...
New cryptocurrency consortium aims to solve liquidity problems
Cryptocurrency trades are notoriously difficult to settle. Could a new platform help fix that?
San Francisco-based startup Blockstream Corp. launched the Liquid Network today, a trading platform that promises faster and more secure...
The latest craze in the cryptocurrency world - Stablecoins
Cryptocurrency projects are still popping up regularly, with many investors keeping an eye on burgeoning ICOs and startups in the blockchain space.
A new growing trend in the cryptocurrency industry is the development of "stablecoins"...
Cryptocurrencies climb due to optimism around Ripple
Cryptocurrencies surged on Friday as optimism surrounding Ripple Labs Inc.’s plans for using a digital coin spread, lifting peers that have lost more than $600 billion of value since January.
XRP, the cryptocurrency commonly referred to as...
US judge rules that ICOs are covered by securities laws
A federal judge has ruled that U.S. securities laws may cover an initial coin offering, handing the government a legal victory in its effort to regulate billions of dollars in cybercurrency offerings much like stocks.
The ruling came in a...
The controversial ways cryptocurrency exchanges are attracting more users
With digital-currency trading volume having plunged, some of the biggest crypto exchanges are turning to unorthodox practices to boost activity and win market share.
Bitfinex, FCoin and OKex are encouraging startups to...
Cryptocurrency wipeout deepens to $640 billion
The cryptocurrency bear market plumbed a fresh 10-month low, led by a tumble in Bitcoin’s biggest rival.
Ether slumped 9.5 percent from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing.
[Bloomberg]
Nowhere to hide as cryptocurrency rout continues
Bitcoin’s ties to other cryptocurrencies are becoming suffocating in the rout.
Digital coins are famously uncorrelated to other assets but they’re highly correlated with each other. That lifted the whole market up last year, but this year it...
The world's biggest cryptocurrency miner might be losing its edge
Bitmain Technologies Ltd., the designer of cryptocurrency mining chips that’s planning a landmark initial public offering, may be losing its technological edge, according to Sanford C. Bernstein & Co.
The Beijing-based company...
Cryptocurrency trading volume declines on US exchanges
Some big cryptocurrency exchanges may be starting to regret snubbing small coins.
Bitcoin is holding up better than smaller digital coins in this year’s downtrend, but these tokens are boosting crypto exchange volume in a languishing...
Cryptocurrency mining apps banned from Google Play
Google recently updated its developer policies for apps published on the Google Play store, introducing bans on cryptocurrency mining, Android Police reported.
This is not the first time Google has adjusted its policies. The report noted...
Cryptocurrency mania risks jeopardising Bitcoin ETF approval
Cryptocurrency enthusiasts may turn out to be their own worst enemy when it comes to an exchange-traded fund backed by Bitcoin.
The largest virtual currency has soared about 40 percent to more than $8,000 since the start of July...