Day: November 23, 2018

Crypto Black Friday Looms: Bitcoin Under $4,300, Ethereum Hits $120

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Crypto Market Establishes New Year-To-Date Low, Ethereum Nears Double-Digits To the dismay of cryptocurrency investors worldwide, while Black Friday, the international embodiment of capitalism, has come ever closer, Bitcoin (BTC), Ethereum (ETH), and a majority of altcoins have continued their leg lower. This aftershock of-sorts, which recently sent BTC below $4,300 and sent Ethereum falling to $120, comes after a week of near-non-stop selling pressure that began on Wednesday the 14th. As you are likely aware of, on the aforementioned date, which has been dubbed the “eve of Bitcoin Cash’s hard…

ADA/USD Very Bearish Below 6 cents

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Latest Cardano News Underpinning Cardano are three core objectives guiding its roadmap: the growth of the community and its needs, a distributed and resilient network true to the original vision of Satoshi Nakamoto and creating checks and balance between research and development so that commercial interest never eclipse the peer review foundation of the platform. This is why Cardano isn’t caving to pressure and with several external auditors as Grimm, RPI Cryptography Group and FP watching quality and holding IOHK accountable, operation guidelines are clear. During the Malta Blockchain Summit,…

Regulators Step in while BTC/USD Prices Range

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Although maximalist will advocate for self regulation like in Japan, the involvement of regulators is perhaps the only way for adoption promotion especially in this bear market. That is what CONSOB, the Italian regulator is doing while BTC/USD prices steady above $4,500. Latest Bitcoin News Regulations, regulations and more regulations that is the way forward it seems. Coincidentally, regulators from all over the world are foraying at the time when Bitcoin prices are free falling as investors seek for some sort of protection. Read: Price Predictions Roam Free As Bitcoin…

U.S. Bitcoin Mining Pioneer GigaWatt Files for Bankruptcy in Washington

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GigaWatt, one of the earliest players in Central Washington’s bitcoin boom, has filed for bankruptcy protection, making it the latest casualty in an industry hammered by falling prices, the Seattle Times reported on November 21, 2018. Washington Bitcoin Pioneer Seeks Chapter 11 Protection In the latest twist in an entrepreneurial saga stretching back to the early days of bitcoin, Washington mining pioneer GigaWatt has reportedly filed for bankruptcy. According to a report from the Seattle Times, employees of the East Wenatchee company, which hosts thousands of computer servers for cryptocurrency…