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Bitcoin Drops Below $8,000 and Touches $7,900


Bitcoin (BTC) price deals with the bear attack The coin touches $7,900 twice in 15 days. Bitcoin has fallen tremendously with its intraday movement today. The price is suffering from a heavy blow. Alongside, there is a slight recovery noted, that might take to $8,000. From the last couple of days...

Swedish Government Auctions Cryptocurrency Again


The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...

5,200 Tobacco Shops in France Now Sell Bitcoin


Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto...

Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

FOIN Allows Merchants to Accept Crypto Payments In-Store


FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for...

200,000 People Have Signed Ross Ulbricht’s Clemency Petition


Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...

Bitcoin Price Continues the Downtrend; Deals Around $8,000


Bitcoin’s price remains stable at $8,000 The intraday loss is expected to turn into profit The market started the day with the bearish trend; the fall in the market was quite heavy. There was no expectation of improvement. However, the day moved ahead and the price started recovering. Many...

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