The current bear market is seeing Chinese miners increasingly shorting their positions on crypto. Chinese miners are reportedly the biggest short sellers both in the country and abroad. The increased short selling has been precipitated by severe crypto market decline…
Crypto-regulations on the Horizon in Chile thanks to Government Efforts
The Chilean finance minister, Felipe larrain has claimed that state institutions are making steady progress in the development of crypto regulation. According to Larrain, the finance ministry is working hand in hand with the financial stability board, as well as…
ErisX raises 27.5 million in order to improve blockchain infrastructure
Crypto exchanges are not being left out this sales season with crypto exchange ErisX, raising 27.5 million from fidelity investments, NASDAQ ventures, among other investment firms. The NASDAQ is the world’s second largest stock exchange while US-based fidelity investments maintain…
Russian Intellectual Property Court Successfully tests Blockchain Technology for Storing Copyright Data
An intellectual property court in Russia has successfully tested a blockchain network for storing copyright data. According to a Russian major news agency, TASS, the technology was used for the first time around the judicial area on Monday, December the…
It’s Almost Irresponsible to not Invest in Bitcoin” according to Galaxy Digital Founder
Former portfolio manager at Fortress invest group and partner at Goldman Sachs continues to push crypto-currency as the future of finance. The former Goldman Sachs man known for being one of the most prominent Bitcoin Bulls was recently quoted as…
Ohio’s latest move proves crypto is becoming a currency
Some surprising and pleasant news coming out of the state of Ohio is that the state government will now be accepting Bitcoin and Bitcoin cash via its payment portal. A CCN report read; “Ohio will become the first state in…
Crypto Market Weekly Top Gainers and Top Losers – November 26th to December 2nd
During the last week of November, the crypto market has had a chance for taking a major rebound as tables turned with the changing market trends that went from bearish to bullish for several days. With the latest rebound, some…
Crypto’s can Never replace the Dollar, according UBS chief Economist, Paul Donovan
According to UBS Global wealth management’s chief economist, Paul Donovan, crypto-currencies are almost about to outlive their usefulness, and it is indeed time to do away with the coins. UBS’ Paul Donovan is known for not being crypto’s biggest fan…
Dj Khaled and Floyd Mayweather Jr Charged with Promoting Crypto without Revealing they’d been Paid
Floyd Mayweather Jr and music producer DJ Khaled have been charged by the Securities and Exchange Commission for promoting crypto investments in initial coin offerings (Icos) without letting it be known that they were getting paid for it. The two…
The US FDA Looks to Blockchain to Enhance Food Security
An E.coli outbreak in the United States linked to Romain lettuce has led the Food and drug administration (FDA) body, to consider better track and trace methods which will involve blockchain technology. Dr. Scott Lieb, the FDA commissioner announced that…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
