Bitcoin Price Holds Near $11,500 Despite Regulatory Heat

The bitcoin price has continued to trade near $11,500 in defiance of reports that multiple national governments are scheming to regulate or curtail domestic cryptocurrency usage. U.K. and Indonesia Plot Bitcoin Regulations As CCN reported, both the United Kingdom and Indonesia are preparing to implement regulatory crackdowns of varying degrees on cryptocurrency usage within their […]

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Venezuelan President Announces Oil-Backed Cryptocurrency “Petro”

According to Reuters, Venezuelan president Nicolas Maduro recently announced a new cryptocurrency during a Christmas television special, amid the country’s economic crisis and the plunge of the Venezuelan Bolivar’s value.Maduro, a former bus driver and union leader who took office in 2013, didn’t reveal a lot about the yet to be launched cryptocurrency named “Petro,” […]

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SEC Files Charges Against Alleged ICO Scam PlexCoin

The U.S. Securities and Exchange Commission (SEC) has filed charges against the organizers of the PlexCoin initial coin offering (ICO). Citing marketing materials that promised investors could net a 1,354 percent profit on their holdings in less than 29 days, the SEC charged Quebec residents Dominic Lacroix and Sabrina Paradis-Royer, along with PlexCorps — Lacroix’s […]

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Bitcoin May Be A Bubble, But So What?

Bitcoin may be a bubble, but that isn’t worrying Da Hong Fei, founder of NEO, the 12th largest cryptocurrency with a market capitalization of $160.852 million. “There is a bubble in this industry; I’ll say it’s okay,” Hong Fei told CNBC. “Every technology that is so disruptive, there definitely will be bubbles.” He said there […]

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Bitcoin Price Eyes $12,000 as Billion-Dollar Cryptos Rise to Nineteen

The cryptocurrency markets made another advance on Tuesday, fueled by continued bullishness over the impending launch of regulated bitcoin futures contracts on Sunday. Buoyed by this factor, the bitcoin price rose within striking distance of the $12,000 milestone, and the flagship cryptocurrency’s market cap came within a hair’s breadth of the $200 billion marker. Meanwhile, […]

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Portugal’s Central Bank Issues Warning Against OneCoin

The Banco de Portugal (BdP), Portugal’s central bank, recently joined a long list of authorities around the world that warned its citizens on OneCoin, the purported altcoin scheme widely seen as a scam.In the warning, the country’s central bank revealed that three organizations, OneCoin Network Limited, OneCoin Limited, and One Network Services Ltd, from Belize, […]

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Monero Price Achieves $250, a New All-Time High

The monero price surged to $250 after the cryptocurrency was the subject of several bullish announcements — and privacy-conscious users discovered another anonymity-centric cryptocurrency was not quite as private as they had initially believed. Monero Price Surges to $250 On Monday, the monero price was trading below $200, so the leap above $250 represented a […]

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IOTA Overtakes Ripple in Market Cap as Surge Continues

The IOTA price continued to surge on Tuesday, enabling the native currency of the “next generation blockchain” project to surpass Ripple’s XRP token to become the fourth-largest cryptocurrency. IOTA Price Surges Past $3.50; Market Cap Eyes $10 Billion The IOTA price has been on an absolute tear in recent weeks. In the past month, the […]

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