Tag Archives: Altcoins

Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price

The Federal Reserve Bank of St. Louis has released an article today about Bitcoin. In it, the bank notes that the price of Bitcoin has three potential futures: indefinite, infinite appreciation; zero; or somewhere in between. They believe it will be somewhere in between. Continue reading Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price

BEST ALTCOINS TO INVEST IN RIGHT NOW

Since Bitcoin made waves in 2017 for hitting a peak price of $20,000, the cryptocurrency ecosystem has seen a significant boost in investments. Venture capital funding for Bitcoin-related enterprises also increased from $2.13 million in 2012 to $554.45 million by December 2017. This boost is due to the volatility and frenzied nature of the entire industry, which makes it possible for investors to earn huge profits within a short period. Continue reading BEST ALTCOINS TO INVEST IN RIGHT NOW

Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins

Japanese regulators suggested preventing cryptocurrency exchanges from trading anonymity-oriented altcoins Dash (DASH) and Monero (XMR) this month, Forbes reports today, April 30. Relating the outcome of a working group meeting of industry “experts” and the country’s regulator the Financial Services Authority (FSA), the publication quotes one member of the group raising the idea of preventative measures regarding the altcoins, which are known for their focus on privacy and user anonymity. Continue reading Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins