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Bitcoin Drops to USD 10.5K, Ether, XRP Remain Steady, BCH Rallies


Bitcoin once again saw losses this week after having sold off on both Monday and Tuesday, as traders rushed to take profits after the rally seen earlier this month. At pixel time (05:20 UTC), bitcoin (BTC) trades at c. USD 10,576 and is down by 7% in the past 24 hours and by 9% in the past week....

Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?


There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic...

Investors to Get Bitcoin Refunds from Poloniex for May Flash Crash


Poloniex has announced that it will be covering the losses incurred by investors during the flash crash that took place in May. The trading fees will be credited to lenders who lost big funds in the May market slump that involved the dubious digital currency ClAMS.  As per the official blog post...

Say Hi to ‘Smart Beta BTC Index,’ launched by IDX Insights


Here is the brand new launch by IDX Insights- the ‘smart beta BTC Index.’ It is basically a crypto index that makes use of smart beta construction method. The objective is to offer a controlled risk allocation and therefore, control volatility of the crypto assets. The IDX crypto Index is aiming...

SEC Reserves Its Decision on Exchange-Traded Fund Applications


In a decision that could further impact the value of Bitcoin and other cryptocurrencies, the security and exchange commission (SEC) has reserved the decision to grant permission to three exchange-traded funds (ETF) in the US. The regulatory body also reserved the decision regarding rule changes...

EU Members Adopt Tougher Crypto Rules Than AML Directive Requires


Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...

Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide


On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...

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