Emercoin (CURRENCY:EMC) traded down 2.7% against the US dollar during the 1-day period ending at 19:00 PM E.T. on March 21st. Emercoin has a market capitalization of $12.75 million and approximately $159,498.00 worth of Emercoin was traded on exchanges in the last day. One Emercoin coin can now be bought for about $0.29 or 0.00007282 BTC on cryptocurrency exchanges including xBTCe, Cryptopia, CoinExchange and Crex24. Over the last week, Emercoin has traded 1% lower against the US dollar. Continue reading Emercoin (EMC) Trading 1% Lower Over Last 7 Days
Ethereum Classic (ETC) is a promising blockchain with a lot of potential. In fact, technology wise it is not much different than Ethereum (ETH) and it has a fixed supply like Bitcoin (BTC). The price is currently trading slightly above the 61.8% Fibonacci extension level, but if it slides below it like we expect it to during the upcoming correction, the end result of such a decline would be ETC/USD at $1! To think that we can buy a cryptocurrency like Ethereum
Classic (ETC) for one dollar goes on to show how far this bear trend has gone. When it comes to investing in cryptocurrencies, some investors look for coins that will make a quick short term gain but others look for better long term investments. Continue reading Could Ethereum Classic (ETC) Fall To $1 During The Next Corrective Wave?
As the price of bitcoin cratered last year, falling 83% and erasing $250 billion in market value, one company has secretly been making a killing with some rather unusual business transactions. Selling to a paradoxical mixture of bitcoin-believing crypto entrepreneurs and hedge funders out to profit off what they hope is the demise of cryptocurrency, bitcoin lending firm Genesis Global Capital originated $1.1 billion in cryptocurrency loans last year, according to a report released today. Continue reading Why Genesis Made Over $1 Billion In Bitcoin, Ethereum And XRP Loans
A report from Chainalysis, a blockchain analytics firm based in the U.S. and Denmark, has revealed that just two groups have stolen more than $1 billion worth of crypto in the past several years. Continue reading $1 Billion in Crypto Stolen by Just 2 Groups: How Do They Cash Out?
Linus Dunker, a Swedish crypto trader, was shocked to receive a bill for almost $1 million from the Swedish Tax Agency, claiming that the tax demand is “unreasonable.” The case is one of a growing number of cryptocurrency-related cases being taken up by the agency, with several bitcoin traders receiving tax bills for millions of Swedish kronor since last year. Continue reading Tax Nightmare: 10,000 Bitcoin Trades Net Swedish Man Nearly $1 Million in Taxes