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Bitcoin Tumbles While Altcoins Start Downside Correction


Yesterday, we saw a few bearish signs for bitcoin below the USD 10,250 support area. Finally, BTC/USD accelerated its decline and broke the USD 10,000 support area. The price even spiked below USD 9,850 and it is currently (08:00 UTC) correcting higher. Also, most major altcoins started a downside...

The Changing Shape of Crypto Funding in 2019


2019 was meant to be the year of the IEO. Or was it the STO? Whatever the case, it’s had its share of both, with mixed results. While the number of successfully completed token sales and the number of IEO launchpads has increased significantly, secondary market demand has been underwhelming....

South Koreans Bristle at ‘Nonsensical’ Reports of North’s Crypto Plans


The Grand Monument in Pyongyang. North Korea observers in South Korea have been left bemused by reports claiming that their northern neighbors are working on a “Bitcoin-like” cryptocurrency. In an interview with Vice, Alejandro Cao de Benos, the head of the Korean Friendship Association (KFA),...

Facebook’s Libra in Spain Setback – but Is there a Glimmer of UK Hope?


Facebook has endured a ragged week so far in Europe as its Libra token plans have come under fire from top finance officials first in Germany, and now in Spain. But a new report appears to indicate that British regulators might be keener to at least engage with Facebook about its proposals than...

Crypto Market Turned Red, Bitcoin Below USD 10,000 Again


In a sudden move in early hours of Thursday (UTC time), the crypto market dropped trimming its recent gains. The most popular cryptocurrency, bitcoin, slipped c. 3% in 20 minutes and once again lost the USD 10,000 support. At pixel time (03:40 UTC), bitcoin trades at c. USD 9,857 and is down...

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