Bitcoin shrugs off US jobs data as BTC price gives up $66K support
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers.
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Crypto Analyst Ran NeuNer Retracts His Claim That Bitcoin Will Hit $50K in 2018
Ran NeuNer, the host of CNBC's CryptoTrader show, has rescinded his earlier prediction that Bitcoin (BTC) will reach $50,000 by the end of 2018, in a tweet Thursday, Nov. 1.NeuNer’s original prediction post from Feb.1, 2018 stated: “For the record, I am pinning this tweet. Bitcoin will finish 2018 at $50 000.” In his tweet…
‘I’m a huge believer in crypto technology,’ says former US SEC chair
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it. 231 Total views 11 Total shares Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by…
Bitcoin Breaks $12,500 as US Stock Market Sees Minor Downturn
Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again.Market visualization courtesy of Coin360Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin…
IBM Partnership Uses Blockchain, IoT to Combat Drought in California
A collaborative IBM project using blockchain and the Internet of Things (IoT) to tackle drought is underway in the United States state of California, according to a press release published Feb. 8.IBM Research and sensor tech provider SweetSense have reportedly partnered with non-profit organization The Freshwater Trust (TFT) and the University of Colorado Boulder to…
El Salvador police arrested and released Bitcoin detractor without a warrant
The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud. 277 Total views 13 Total shares An El Salvadorian news outlet has reported that local police arrested a computer and cryptocurrency expert who was critical of the country accepting Bitcoin as legal tender for hours…
South Korea plans to regulate cross-border stablecoin transactions
South Korea’s Financial Services Commission plans to consult with other jurisdictions, such as Japan and the European Union, on stablecoin rules.
Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers. 447 Total views 4 Total shares Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead
South Korea to Triple the Budget for Blockchain Projects Compared to 2018
The South Korean government has agreed to invest $35 million in next year’s budget to develop blockchain technology and industry related to distributed ledger technology (DLT), South Korea's largest economic information service company Korea Economic Daily reported Nov. 8.South Korea’s government has held a meeting on industry related to DLT and blockchain technology with the…