Why Is the Crypto Market Down Today? Bitcoin Price Nears $70k

The crypto world is having a rough patch right now. The whole market is down, dropping to around $2. 36 trillion. People aren’t trading as much either; trading is down about 7% from yesterday.

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DOGE Founder Breaks Silence on Which Crypto Will Go Up or Down Next

Billy Markus, who cofounded Dogecoin, responds to popular question 'which crypto will go up or down next'

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North Korean crypto hacks down 80%, but that could change overnight: Chainalysis

Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease.

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UK Financial Conduct Authority Clamps Down on Crypto Marketing

The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information.

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FCA's Crypto AML Compliance Chief Steps Down

Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority.

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CEO Exodus: More High-Profile Leaders Step Down As Crypto Firms Feel The Pinch

CEO exodus: A number of crypto CEOs stepped down from their roles in recent weeks. This has prompted companies to look for new talent. The post CEO Exodus: More High-Profile Leaders Step Down As Crypto Firms Feel The Pinch appeared first on BeInCrypto.

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Following OECD Report, Member Country Spain Clamps Down on Crypto Users

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SEC: Put Down The Unregistered Security And No One Gets Hurt

Crypto markets continued to plunge, shortly after the start of a government crackdown on what has been described as the financial Wild West… Initial Coin Offerings. Ethereum (ETH) has reached an all-year low of $155, plunging 37% over the course of the past seven days.

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Crypto Markets Seeing Red, Total Market Cap Down Almost $15 Bln

Crypto markets are in the red today, with total market capitalization down almost $15 billion from yesterday’s high

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Why Bitcoin Cash Is Making You Cry

Considering the recent(ish) success of Bitcoin Cash, we are seeing Bitcoin Cash sit under its prime value at the moment. This of course is a recurring trend across the markets, however Bitcoin Cash seems to have taken the brunt of it.

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It’s ‘Quite Likely’ That Bitcoin Will Fall To $2K Before A Surge Of 4900%

We haven’t seen any wild price predictions for a while. This is no doubt down to the bulls remaining silence during a market that has sunk through a siege by the bears. As a result of this siege, figures are down.

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Crypto exchange shows security breach and is down forr maintenance work

Decentralized cryptocurrency platform Bancor halted operations Monday, July 9, as it investigates what it calls a “security breach,” reportedly involving over $12 mln. No user wallets were compromised,” the tweet reads, continuing: “To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. User funds remain intact due

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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report

Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto

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After Proving Stubborn to sell, Matt Blaze sells Crypto.Com For An Undisclosed Amount

Matt Blaze registered the domain name crypto. com in 1993.  With the recent boom in interest that Bitcoin and altcoins have enjoyed, Blaze has been asked over and over about the status of his long registered domain name.

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Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down for ‘Maintenance’

Decentralized cryptocurrency exchange Bancor reports “security breach,” receives help in freezing funds from fellow crypto service Changelly

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Market Update – BTC, XRP, XLM, XMR, It’s Like A Rollercoaster

As we enter a new week, the cryptocurrency markets are snaking up and down in a motion that could only otherwise be experienced on a rollercoaster. We can only expect this volatile start to the week to continue over the coming hours and days.

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Wendy McElroy: Law Can Be Provided By the Free Market

News The Satoshi Revolution: A Revolution of Rising ExpectationsSection 4: State Versus SocietyChapter 9, Part 3The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. It comes down to the question of “what is law?” Crypto may seem to be its own law and legal sanction. As

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What are ERC20 tokens and what do they do?

If you are new to cryptocurrency you might have seen or heard about ERC20 tokens in crypto forums or in social media posts.   Broken down to its simplest form, ERC stands for Ethereum Request for Comment and “20” is the number that was assigned to that unique proposal request.

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Wendy McElroy: The Free Market Can Provide Law

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 3 The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. I agree.

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Global Data’s “Cryptocurrencies – Thematic Research” Report Dogs Bitcoin, Says Over-Hyped Experiment

Global Data recently published a report called “Cryptocurrencies – Thematic Research,” which is presently breaking down the myths that they believe surround the crypto industry. Some of the main themes reference the expensive nature of these exchanges, along with their lack of speed and the few ways that they can be spent. The study goes […]

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The Decline Of Litecoin Through 2018, What Does Litecoin Need To Reach The Top?

When we talk about cryptocurrencies falling through the year, and market declines, many of us focus on Bitcoin as a point of reference. The justifications for this are obvious, Bitcoin is the most dominant cryptocurrency and thus has a big impact on the markets.

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Iran’s Crypto Exchange Crackdown “Would Create a Secondary Market,” Says eToro Senior Market Analyst

As Iran tries to crack down on its massive capital flight, Mati Greenspan believes that these efforts are in vain as other markets rise underneath these measures to facilitate the purchase of Bitcoin.

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You Might Have Lost A Bit To Crypto This Year, Binance Certainly Haven’t However

With falling markets and values down, late investors may have lost a bit of money to crypto this year. Moreover, those who held in the boom might be regretting their decision based on today’s prices.

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Market Update – XRP, BCH And EOS Take A Hit

The markets have taken on a negative swing this morning, no doubt as a result of some correction from the past few days of vague positivity that the markets have experienced. We are certain now that this current phase of up and down is as a result of a volatile market from correction and through general uncertainty and that today’s drops are only an organic product of this.

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What You Need To Know About Thai Crypto Regulations That Come Into Force This Month

Thailand are now on hot pursuit of cryptocurrency regulations which will in turn go on to see the country adopt a similar approach to regulation as we have seen in Japan. Though at the moment, even Japanese style regulation is looking uncertain at the moment.

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Bitcoin Remains Above $6,500, Despite Small Slip by Crypto Markets

Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is currently trading at around $6,597.

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5 Solutions For A Profitable Altcoin Season

To those who have been around the cryptocurrency block, this time of altcoin booms is known as “alt season. ” These can be exciting times, moments when truly unbelievable gains are made due to the volatile price increases the majority of altcoins experience during these moments of “alt season.

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Reserve Bank Of India Anti Crypto Ruling Comes Into Play, Today

After months of court appearances, online petitions and wide debate, the (RBI) Reserve Bank of India’s anti-crypto ruling comes into play today (5th July 2018), meaning that from now on, the face of the cryptocurrency landscape in India is about to change significantly.

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Paul Krugman Asks “Real Questions” Endorsing Bitcoin Cash: Bitcoin Cash (BCH) Technical Analysis

Most alt-coins under our review are slowing down but not Bitcoin Cash. Regardless of the politics, we still maintain a bullish forecast and for confirmations, Bitcoin Cash buyers must push above $850.

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Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban

Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban.

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Binance Exchange Bringing Home Bad Press Amidst Trading Platform Errors

Binance Brings Home Bad Press Shock waves are coursing through the cryptosphere after a massive heist of BTC from the world’s leading crypto exchange by trading volume. Although somewhat muted in response, Binance has shut down for “systems maintenance” and the prospect of panic withdrawals looms once the exchange reopens. As the dark news spreads, […]

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Ethereum (ETH) Price Action Hints Market Correction Not Over Yet

Ethereum (ETH) has been trading in a bullish channel since the previous bull market. It touched the bottom of this channel at the beginning of 2017 and then touched the top of this channel twice, once in June 2017 and then again in late January 2018.

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Iran Cracks Down on Crypto Exchanges as BTC Buying Trend Catches On

To combat capital flight from Iran, the country's government is allegedly blocking internet access to known foreign cryptocurrency exchanges.

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Google Approach Cardano In Promising Move For Crypto Adoption

Cardano have recently uploaded a full report which discusses a conversation between Charles Hoskinson and a number of Google officials at their office in London. This, came about as a result of an invitation from Google to Hoskinson to come to the Google UK HQ to talk about how Cardano and Google could potentially work together to mutually benefit each others operations.

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Market Update – Bitcoin, Ripple XRP And Cardano Back Down

After a full day of positive movements, the markets have retreated back to their usual negative trajectory, proving that the early optimism of the week can be put down to nothing more than a period of correction.

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Failing ICO’s Are Making Bitcoin More Dominant

Though the price of Bitcoin has fallen over the past few days, Bitcoin’s dominance has seen some growth. In fact, in just two months, the growth of Bitcoin has risen by almost 10%. Recent reports now find that some of this could be down to the sheer number of failing ICO’s that have surfaced over the coming months.

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Ripple, Ethereum, Bitcoin Are ‘Last Coins Standing’ Defying Crypto Death Pool

Analysts’ reports reveal that the bitcoin bubble has perhaps burst, with over 800 cryptocurrencies having “died” because of crash in prices of coins, down to less than a cent. Many of them were scams and did not come into existence as real products.

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No Postage Necessary Brings Blockchain To Hollywood

Sam is a convicted computer hacktivist who’s not allowed to use the Internet. He still lives a double life, simultaneously working for minimum wage at a fast food joint while posing as a mailman to steal people’s mail.

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Market Update: XRP, BCH, EOS, LTC, ADA Flying High

Finally, the markets have changed their tune. Perhaps July is going to be the month for cryptocurrencies after all? This morning, off the back of a slight surge yesterday afternoon, the markets are flying high, with many of the major cryptocurrencies up by climbs of 10% and more.

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Fruition Token ICO (FTT Coin): Agricultural Investment Opportunity?

Fruition token wants to introduce the Agriculture sector to the blockchain. It will allow everyone to invest in agriculture from any part of the world. Thus, it will cut down the dependence on general volatility in the crypto market.

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Crypto Mining Hardware Industry Falters as Profits Dwindle

Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month.

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Bitcoin Valuation Comes Down In June

Bitcoin might be the largest crypto currency that is there, but a blood bath is near as several tokens fall to zero levels, including this largest crypto currency whose value has fallen the most since the month of November 2017.

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China’s previous ‘Top Three’ crypto exchange BTCC reorganizes with its original token

Last year, BTCC announced its plans to shut down its exchange platform after China introduced a blanket ban on the functioning of crypto exchanges or any other crypto-related activities in the country.

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Which Uses Are Most Important For Cryptocurrencies?

Cryptocurrency has an awful lot of uses, far more than it’s FIAT rivals. Of course, part of this is down to the power of the blockchain and whilst (for example) both crypto and FIAT can be used to make cross border payments, the crypto alternative is so superior that in reality, the idea of a FIAT cross border transfer cannot be considered as a part of even the same league.

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Bitcoin (BTC): The Absolute Low Prices Could Fall To Before The Next Run Up

When it comes to Bitcoin (BTC), other than the seasonal bulls and bears, there are usually two kinds of investors, permabulls and permabears. The former believe that hodling Bitcoin (BTC) is the best thing to do and will not sell even in the face of a market meltdown.

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CryptoSignals.Software: Accurate ICO Crypto Trading Signals?

While trading in digital assets is extremely lucrative, most people are often turned away by the volatile and highly risky nature of the sector. For instance, the price of Bitcoin has undergone a drastic drop since peaking at the end of 2017.

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TechCrunch: Dead Now Over 1000 Crypto Projects

More than a thousand of crypto projects are “already dead” as of June 30, 2018, according to a recent TechCrunch report. The news outlet has based its claim on data from two websites: Coinopsy and DeadCoins.

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What are Masternodes In Cryptocurrency?

The two most dangerous words in the cryptocurrency world are: passive income. Whenever someone tells you it’s possible to make real money—without burning your house down—it’s usually a good sign that you should run in the opposite direction.

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Beware of Crypto Risks: Bank of England Deputy Governor Issues Warning

The Bank of England has warned financial institutions in the country to limit their exposure to crypto assets. In a letter written by the bank’s deputy governor, the regulator cautioned firms against letting their guard down as the popularity of cryptos soars.

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