Cryptocurrency

[ad_2][ad_1] A journalist who once wrote for the New York Times could have spent 20 years behind bars if he had been ripping off start-ups to the tune of $ US3.5 ($ A4.8) million. Jerry Ji Guo, a 31-year-old Yale University graduate, was arrested on November 9 in Puerto Rico …

[ad_2][ad_1] The price of bitcoin and other cryptocurrencies declined again over the weekend and until Monday, with the bitcoin investing another nearly 10% in value below the $ 4,000 threshold in one of the worst weekly selloffs ever recorded . Bitcoin dropped to $ 3,557 mid-morning on Monday, a drop …

[ad_2][ad_1] With bitcoin prices falling earlier on Sunday, the cryptocurrency now seems destined for the worst weekly loss in over 5 years. At the time of the press, the main cryptocurrency for market capitalization was trading at $ 3,520 on Bitstamp, with a 36% drop compared to the Monday opening …

[ad_2][ad_1] chirping Facebook LinkedIn CCN is expanding. Are you our next full-time West Coast USA reporter? Send us your CV and examples here. Edward Snowden, an exiled US informant, weighed up the bitcoin conversation, saying that while the lodestar market will eventually vanish, the use of cryptocurrencies will not end …

[ad_2][ad_1] These lower lows are marking the key exit points for some traders. Bitcoin that goes below $ 4,000 has likely triggered "stop loss", predetermined trading levels that often exacerbate the sale. Those bitcoin support levels were interrupted when the cryptocurrency collapsed to new lows. In recent weeks, even regulatory …

[ad_2][ad_1] Market updates It has been a difficult week for cryptocurrency owners, as the top 10 virtual currencies by market capitalization have lost from 30% to 60% of their value in the last seven days. The prices so low have not been observed since spring 2017 and at the moment …

[ad_2][ad_1] The Bitemin cryptocurrency giant is facing a collective lawsuit for over $ 5 million that supports the unauthorized extraction of cryptocurrencies by the company. On November 19, Gor Gevorkyan, a resident of Los Angeles County, filed a lawsuit against the Chinese and American entities of Bitmain in the federal …

[ad_2][ad_1] Cryptocurrencies have always been analyzed as assets that would work as a hedge against bear trends in the world stock market. However, the United States, China and South Korea have losses in the equity markets and virtual currencies are falling at the same time. This leads to the question …

[ad_2][ad_1] Vitor Constancio, Vice – President, European Central Bank September 2017 | "Bitcoin is a kind of tulip, it's really a tool of speculation for those who want to bet on something that can go up and down 50 or 40 percent in a few days, but certainly not a …

[ad_2][ad_1] Security and transparency are at the center of the cryptographic space. As Hong Kong strongly warns cryptographic companies to protect their virtual assets, there are likely to be lucrative opportunities for custodians. InVault, an encrypted startup based in Shanghai, is launching its own crypt services in Hong Kong. The …