Five-Month Lows Mean Nothing to Bitcoin! Cryptocurrencies are as turbulent as ever, and for the recent weeks have been a shorter’s market. The price of Bitcoin dipped to five-month lows below $7,500, with altcoins following the trend. Some even speculated that the...
18 Million Bitcoins Locked and Loaded! The Bitcoin network continues to run with zero downtime. This week marked a milestone event with the 18 millionth BTC being mined, meaning that just under 15% of the total supply of Bitcoin remain mineable. It has taken just over...
Hammer Time! The SEC has ramped up its firmness in the cryptocurrency space in what appears to be a clean-up campaign to gain control of it and the projects associated with it. Since the hearing on cryptocurrencies in 2018, the SEC has penalized multiple start-ups and...
Much-Needed Regulatory Clarity It gets worse for Facebook’s Zuckerberg! Following the shocking exit of PayPal last week, other payment processors and online giants have also left the controversial and Facebook-led initiative, Libra Association. According to a recent...
Trillion-Dollar Lawsuit?! “The disappearance of $265 billion in bitcoin wealth was the result of Bitfinex and Tether propping and popping the largest bubble in history.” – Complaint Document, Section 113, Page 35 It’s crunch time for Tether: the company behind...