Volatility has become the norm among cryptocurrencies, with prices fluctuating significantly over the last few months. More recently, a different form of volatility has emerged. A number of influential nations have been issuing vague and often contradictory statements regarding crypto regulation. Not surprisingly, these actions have caused confusion, and have sparked dramatic swings in valuations.…
The Moscow Stock Exchange has announced that it is developing a platform to enable cryptocurrency trading. In a press conference, exchange representatives stated that people will be able to purchase cryptos, and also invest in a variety of crypto based financial instruments such as exchange traded funds (ETF) and derivatives. The Moscow Stock Exchange is…
Fosun Group, China’s largest private conglomerate, has made a large investment in Shanghai Distributed Technologies Co. Ltd., the parent company of the blockchain startup Onchain. Onchain is developing systems to provide distributed ledger technology to a broad spectrum of entities. Interest in blockchain applications is growing rapidly in China, and this move is a signal…
Since the introduction of Bitcoin, technologies and services have gradually improved the ease of acquisition and use of cryptocurrency. Currently, purchasing crypto has never been easier, and thousands of businesses accept it for payment. Moving cryptocurrency into the mainstream will require a continuation of this trend. A number of companies are quietly making crypto more…
Estonia has announced plans to launch an ICO as a way of raising funds and promoting its e-Residency program. The token, to be called "Estcoin" will be managed by the state, but like all cryptocurrencies, will be accessible to investors worldwide. Estonia is hoping this move will boost its economy, which has struggled since the…
The remittance industry is experiencing significant transformation as a result of the cryptocurrency revolution. Every day thousands of people use crypto to send money across the globe, and dozens of companies have emerged to serve them. These companies specialize in using blockchains to convert and move fiat currencies, and were among the first to demonstrate…
Crypto advocates have long asserted that freedom from government control and manipulation is a key advantage of cryptocurrencies and their underlying blockchain technology. It was, in fact, the lack of control that prompted several nations to adopt anti-crypto positions in past years. More recently however, governments around the globe have begun to embrace cryptocurrencies and…
In an industry first, Overstock.com (NASDAQ:OSTK) will now accept altcoins, in addition to Bitcoin, as payment. Customers will have the option to pay with dozens of cryptocurrencies, including Ethereum, Ripple, Dash, and Bitcoin Cash. Overstock.com has accepted Bitcoin since 2014, and its CEO, Patrick Byrne, is a long-time advocate for bringing cryptos into the retail…
Two months ago a seismic shift appeared to be underway among cryptocurrencies. Ethereum was on the verge of overtaking Bitcoin in terms of both market share and fiat value. Other competing coins, such as Litecoin and Ripple, were also rapidly advancing. Although Bitcoin’s fiat value had reached record highs, many analysts believed that it would…
Altcoin prices have advanced over the past 12 hours in response to the hard fork of the Bitcoin blockchain and creation of Bitcoin Cash. The hard fork, which is underway, has caused concern over the value of Bitcoin, which has recently been trading at over $2800. As Bitcoin Cash threatens to devalue Bitcoin, investors are…
