What determines Bitcoin’s price?

Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note. 1282 Total views 2 Total shares Bitcoin’s (BTC) weekend dance between $30,000 and $34,000 seems to strengthen the short-term uncertainty narrative, as JPMorgan strategists believe the cryptocurrency market is not yet healthy.A Friday note from the…

Cryptocurrency exchange OKEx has refuted fresh allegations of manipulative practices such as wash trading on its platform. In a statement shared with Cointelegraph on Sept. 23, the exchange wrote that the wash trading allegations made in a recent report from the Blockchain Transparency Institute (BTI) were “not accurate and misleading.”“An apple-to-orange comparison”As reported, the BTI published…

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to "regulatory changes". Dubai-headquartered cryptocurrency exchange Bybit has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority, or FCA.In a Sept. 22 announcement

Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success and balance across global systems.Geopolitical agitations, the war in Ukraine and elsewhere,…

Gaming behemoth Atari announced that holders of its blockchain token will be able to spend it on betting, gaming and shopping. 1226 Total views 30 Total shares Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping.According to an announcement on June 12, the…

2018 has been a difficult year for Bitcoin and crypto miners. Some of the largest multi-billion dollar businesses in Asia recorded losses in the range of hundreds of millions of dollars.As Japanese internet conglomerate GMO and the industry’s largest mining equipment manufacturer, Bitmain, reportedly struggled throughout the year, the entire sector is said to have…

Bitfinex stressed its systems weren’t compromised and no customer funds were lost. 188 Total views 4 Total shares Cryptocurrency exchange Bitfinex said it suffered a “minor” information security incident after one of its customer support agents was hacked earlier in the week (Oct. 30 — Nov. 5).It led to a spree of phishing attacks against

The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.

China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency. Although China has closed its doors to decentralized cryptocurrencies, Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.Allaire, who heads up the company…