Month: December 2017

Investigation underway: crypto exchange director reportedly kidnapped leaving his office in Kiev #NEWS

Source: Director of UK-Based Crypto Exchange Kidnapped in Kiev

Bitcoin Drops as South Korea Says Exchange Closures Are Possible Bloomberg Full coverage

Source: Bitcoin Drops as South Korea Says Exchange Closures Are Possible

European Union central bankers are becoming increasingly vocal on the subject of the world’s most popular cryptocurrency, bitcoin. Its precipitous price increase this year seems to coincide with wide-ranging statements, including the digital asset’s threat or lack thereof.

Source: EU Central Banker: “Stop Calling the Bitcoin a Coin”

Trust bank giant in Japan, Mitsubishi UFJ, prepares a system to protect crypto exchange users #NEWS

Source: Japanese Banking Giant Wants To Prevent Another Mt. Gox

The post Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’ appeared first on CCN As covered by CCN, Venezuelan President Nicolas Maduro recently announced the creation of a new cryptocurrency during a Christmas television special.

Source: Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’

Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency market.

Source: China’s Bruno Wu Takes Controlling Interest in Licensed US Crypto Exchange

The post Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors appeared first on CCN It took less than 24 hours for the bitcoin price to recover from a 30 percent drop. Earlier today, on December 23, the price of bitcoin recovered from $11,500 to $15,000, as the cryptocurrency market began to demonstrate optimistic signs of growth.

Source: Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors

Following yesterday’s drop, mainstream media naturally began crowing about Bitcoin’s “bubble” having “popped.” Not so fast, says the market. #NEWS

Source: Cryptocurrency Market Recovering After Massive Correction

Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout Wall Street Journal Full coverage

Source: Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout

A board member for Bundesbank has confirmed that the eurozone is not currently considering a national cryptocurrency in spite of previous statements made by the bank’s officials.

Source: No Eurozone Cryptocurrency Says Bundesbank Board Member