Cryptocurrency in China: What’s New in Country’s Latest Crackdown?

China’s most powerful regulators have intensified the country’s crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining. The move sent Bitcoin and other major coins lower, as well as pressurising crypto and blockchain-related stocks. What’s new?Ten Chinese agencies, including the central bank and banking, securities and foreign exchange regulators, have … Read more

Cryptocurrency Prices Tumble, Exchange Trading Falters as Snags Crop Up

The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt Bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where … Read more

Reese Witherspoon, Paris Hilton Jump on to the Crypto Bandwagon

Cryptocurrency has garnered the attention of entrepreneurs and celebrities alike. Oscar-winning actress Reese Witherspoon said recently that she has bought her first Ethereum coin. This was followed by yet another celebrity, the socialite-entrepreneur Paris Hilton, who shared her love for Bitcoin on Twitter. Ethereum and Bitcoin are the two top cryptocurrencies in terms of market … Read more

When Buying Bitcoins, Are We Investing or Merely Speculating?

Bitcoin’s soaring popularity and value since its inception in 2009 is a curious case for many investors. Like the Internet boom, cryptocurrency also took only a few years to become a mainstream topic, and it is growing now more than ever. Many investors, as well as professionals, have made cryptocurrency investment a part of their … Read more