As the last quarter of 2018 draws near, the altcoin market continues its drop - almost ~85% - against late last year's all-time-high sparks fears it will go lower or to zero. The concern becomes topical due to new technical analyses which compare today's situation with a similar scenario in 2014 ...
According to Shanghai-based cryptocurrency startup InVault CEO Kenneth Xu, crypto trading in China remains active despite the country’s strict ban on digital asset investment. Many investors in mainland are relying on offshore exchanges and operators, most of them based in Hong Kong...
Shenyu, co-founder of F2Pool, world’s sixth largest crypto mining pool based in China, posted a Weibo unveiling the critical crypto prices below which miners have to be shut down for lack of profitability. The price of bitcoin, the dominant cryptocurrency, has struggled throughout 2018, d...
The drop in Bitcoin price this week which affected virtually every other cryptocurrencies especially those in the top 20 range has seen Bitcoin's market cap dominance rise to a new high of ~55%. Its market cap now tops $119.58 bln as against every other altcoins combined - about 1915 of them - c...
The crypto space is still reeling in the aftermath effect of a sharp drop of about 13% in the price of the top cryptocurrency. Bitcoin price dropped from ~$7400 to ~$6400 between Wednesday Sept. 5 and Thursday. The drop, which somewhat makes Bitcoin's volatility scarier, started with a concer...
A Hong Kong-based firm named Crypto.com said on Wednesday it has applied to issue Visa debit cards backed by cryptocurrency, according to South China Morning Post. Claimed as Asia’s first cryptocurrency Visa debit card, it offers crypto-to-fiat service in partnership with Germany’...
According to major specialist professional recruitment consultancy Robert Walters, blockchain and cryptocurrency related jobs in Asia have surged by 50 percent over the past several months, despite the 80 percent correction in the crypto market. Robert Walters revealed that the demand for P...
China, a world leader in bitcoin mining, is home to the three largest crypto miner manufacturers – Bitmain (Antminer), Canaan (Avalon) and Ebang (Ebit), all having seek to go public in Hong Kong this year. Many more competent new players like Innosilicon, Whatsminer (ShenMa), Pand...
In a quite unusual twist, Japanese electronic e-commerce and Internet company, Rakuten, has announced it has decided to acquire everybody’s bitcoin Inc., a cryptocurrency exchange service which started in March 2017. While it is not entirely new for businesses to embrace cryptocurrency, basi...
Total crypto market cap could reach $3.6 tln over the next ten years, a new report by independent equity research provider, Satis Group, and published by Bloomberg has shown. By the tenth year, it says the projected price of Bitcoin - currently at ~$7000 - would be at a 1941% rise ($143,900) w...
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