Looks like the recent urge put forward by the head of the International Monetary Fund (IMF), to round the globe regulators, asking to crack down on cryptocurrencies, as they hold the potential to be a “major new vehicle for money laundering and the financing of terrorism,” actually worked. Continue reading What led to the fall of Bitcoin?
BITCOIN prices took a sensation following the shudder news of Facebook and Google will ban all cryptocurrency and initial coin offering (ICO) ads on its platform. Continue reading Bitcoin takes nosedive after Facebook and Google Policy
Blockchain technology company Bitfury announced it will open an “energy efficient” datacenter in Norway March 20 in a deal with the blessing of the government. In a blog post, the business confirmed it would open two sites around the town of Mo i Rana, investing 274 million kronor ($35 mln) in infrastructure and hiring 30 employees. Continue reading Bitfury Gains Government Approval For $35 Mln Norway Datacenter
The Bitcoin and Ripple prices headlined a $45 billion cryptocurrency market rally that appeared to be predicated on optimism that this year’s G20 summit will not produce an international framework on cryptocurrency regulations. Monday brought a welcome respite for cryptocurrency investors, as the markets demonstrated a buoyancy that has been rare in recent days. Continue reading Ripple Price Headlines $45 Billion Market Rally
Dan Morehead, chief executive officer (CEO) and co-chief investment officer of struggling cryptocurrency hedge fund Pantera Capital, recently claimed that even if bitcoin fails like Pets.com did during the dot-com bubble, the hedge fund would still see investors make money. Continue reading We’ll Succeed, Even if Bitcoin Ends Up Defunct