Category: Amid

Up & Down: BTCP and ABBC Plummet Amid Controversy

Up & Down: BTCP and ABBC Plummet Amid ControversyLiquidity has shifted away from the top gaining crypto assets, with only six of the week’s 30 top performing markets currently riding 24-hour volume of seven figures or higher in USD. ABBC comprises the most liquid of the week’s top losers, currently ranking as the sixth poorest performing market of the last seven days after […]

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Markets Update: Altcoins Gain on BTC

Markets Update: Altcoins Gain Against BTC Amid ConsolidationThe recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH […]

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Coinbase Suspends Ethereum Classic Following 51 Percent Attack

Coinbase has ceased interactions with the Ethereum Classic (ETC) blockchain after the exchange detected a 51 percent attack on the network. Following the discovery of a “deep chain reorganization” of the ETC blockchain, Coinbase suspended Ethereum Classic withdrawals and deposits. Also Read: Major Mining Pools Have a ‘High Die-Off Rate’ Study Reveals Coinbase Stops Interacting With […]

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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Criticizes Norwegian Government Amid Concession Cuts to MinersHive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of […]

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Amid Crackdown, SEC Chairman Emphasizes Compliance Requirements for ICOs

Amid Crackdown, SEC Chairman Emphasizes Compliance Requirements for ICOsJay Clayton, the chairman of the U.S. Securities and Exchange Commission (SEC), recently discussed the current regulatory climate surrounding initial coin offerings (ICOs). Clayton emphasized that all ICOs must register with the SEC to ensure compliance with U.S. law. Also Read: Estonia to Tighten Rules for Licensed Crypto Companies Requirements for Regulatory Compliance The SEC chairman […]

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Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses

Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin LossesMany altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. Also Read: Chinese Report Finds 9 in 10 […]

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Markets Update: Coinex Dominates Volume Rankings As Markets Rally to $6,600

Markets Update: Coinex Dominates Volume Rankings Amid Post-Bounce ConsolidationThe bitcoin markets have rallied after having produced 48 hours of steady consolidation following the recent bounce off support at approximately $5,800. Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1.5 billion in trade in single day – over $1 billion of which purportedly […]

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Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining DemandWith demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]

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