Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Same alarms, different week. On the global stage, bitcoin fell below $7,000 to just above $6,800, and Ripple slipped to its lowest price since the end of 2017. One...
Telegram, the Dubai-based messaging app company, has added $850 million to the amount it has raised via an initial coin offering, bringing the total from the ICO to a record-setting $1.7 billion. According to a report in Cheddar, it is shaping up to be the...
With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion in value for the global cryptocurrency market since the start of 2018. Citing Japan’s Nikkei Business Daily, TheStreet.com reported that two cryptocurrency exchange...
Adding to the list of cryptocurrencies that users can buy or trade on its platform, Uphold has announced that it has added support for Ripple’s XRP currency. Already, users can exchange digital currencies such as bitcoin, Ethereum and Bitcoin Cash on Uphold, CoinDesk reported. Uphold’s...
The chief executive of Ant Financial Services Group, the payment affiliate of Alipay, is no fan of initial coin offerings (ICOs). According to news from CoinDesk, citing comments Eric Jing, the CEO of Ant Financial, made at the China Development Forum this past weekend in Beijing,...
Double whip-less mochaccino, half-caff: $6.00. Paying for it in bitcoin: $21 (at the current processing fee). This is why many experts are saying that cryptocurrencies — or at least bitcoin — have no place in small dollar, day-to-day transactions like buying a coffee — that,...
To take stock of the cryptocurrency market, take stock? In a way. After a fashion. News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might...
In an effort to raise funds from small investors, Mexico’s Amar Hidroponia is selling digital currency backed by habanero chilis. Each coin, which is dubbed Agrocoin, is backed by a square meter of habanero production, Bloomberg reported. “We had a lot of people who wanted...
In an effort to lure more FinTechs its way, France is working on a regulatory framework that would enable startups to raise funding via cryptocurrencies. Economy minister Bruno Le Maire wrote in an article for Numerama, a French website which was covered by the Financial Times, explaining...
