Tag Archives: AA News

Yesterday, Bitcoin’s price went through a serious decline, losing more than $550 of its value in a matter of hours. Today, news from China came that the country’s views on cryptocurrencies remain unchanged and that they are, in fact, illegal. Almost immediately after that, Bitcoin lost another $500, marking a 6-month low.China Clarifies: Cryptocurrencies Are IllegalA few weeks ago, China’s president, Xi Jinping, urged the country to get more involved with blockchain-based technologies....

The Intercontinental Exchange (ICE) announced today that its Bitcoin Futures trading platform, Bakkt, will be launching a cash-settled contract. Starting from December 9th, they will be listed on the ICE Futures Singapore. It’s interesting to see how and if this will have an impact on Bitcoin’s price, given what has happened before.Bakkt Futures Contract on ICE SingaporeICE, the owner of the New York Stock Exchange (NYSE), revealed the upcoming launch earlier today. Bakkt’s cash-settled...

More and more Bitcoin ATMs are popping up across the world and sometimes they become a target of wrongdoers. A couple of thieves recently robbed a Bitcoin ATM in Canada. They took around $3,000 out of the machine and what is more interestingly – forgot to take the remaining $37,000.Bitcoin ATM Robbery In CanadaThe place of the heist was a local food market in Vernon, British Columbia, Canada. Apparently, two thieves decided that the Bitcoin ATM is a valuable target, and as per the reported...

Volatility is back in the cryptocurrency market but unfortunately, this time, the prices went south. Bitcoin lost almost $800 in today’s trading session, dragging the entire market down with it. BTC’s dominance, however, remains untouched, meaning that altcoins are still unable to capitalize on the sudden drop.Bitcoin Plunges $800 In HoursBitcoin’s price took a beating today. The cryptocurrency dropped from a daily high $8,110 on BitMEX down to $7,350, marking a steep decrease of more than...

It’s safe to say that the cryptocurrency market has seen better days. In just a few days, it lost around $20 billion of its total capitalization and it currently stands at $218 billion – a decrease of more than 8%.All of the top 20 cryptocurrencies are trading in the red with absolutely no exception. Regardless of whether it’s against the USD or against Bitcoin, altcoins are bleeding. TRON (TRX) has lost the most over the past 24 hours as it’s down by 6.63%, followed by Binance Coin (BNB)...

The last couple of years have seen national governments grappling with how to regulate Bitcoin and other cryptocurrencies. Some of them have been hostile to virtual currencies while others have been more accepting. The United States is no exception to this difficulty, but the Commodity Futures Trading Commission (CFTC) is one federal agency that is actually supportive of Bitcoin and blockchain. This bullish view was reinforced by CFTC Chairman Heath Tarbert when he appeared on CNBC’s “The...

The CEO of PayPal, one of the world’s largest and most established online payment processors, has revealed in an interview that he owns Bitcoin and no other cryptocurrencies. He also talked about Libra and why his company decides to withdraw from the project.PayPal’s CEO Owns BitcoinIn a recent interview with Fortune, the CEO of PayPal, Dan Schulman, shared his views on cryptocurrencies and revealed interesting insights about the work his company is doing in the field.He said that there is a...

Elliptic, a London-based provider of crypto-asset risk management solutions, recently published a report about the number of illicit transactions involving Ripple (XRP). It shows that $400 million, or 0.2% of all their transactions, are subject to illicit activities, mainly for scams and thefts.Ripple Used for Illicit ActivitiesAccording to the report published today, November 20th, $400 million of all processed transactions using Ripple’s XRP cryptocurrency have links to illegal activities....

2017 will go down in history as probably the most pivotal year in the chronicles of cryptocurrencies. It was the year that they transitioned from being an obsession of “geeks” into something that captured the interest of governments, Wall Street analysts, media, financial institutions, and the average joe on the street.Exactly two years since the so-called “crypto bubble,” this piece tracks the evolution of the crypto market from 2017 at the price peak, until today, with a focus on new...

Andreas Antonopoulos, one of the most popular Bitcoin proponents, shared his views on the matter of cryptocurrencies and the global financial system in a recent YouTube interview. He discussed Bitcoin’s current and future role in the financial world while also touching on regulations, as well as governmental actions towards digital and fiat currencies.Broken Traditional Financial SystemIn a recent interview, Antonopoulos, who is also a host in the famous Let’s Talk Bitcoin podcast, shared his...