Hot Topics

Advertisement

Advertisement

Could The Crypto Winter Last Up To 24 Months?

The CEO of the Paris based tech company Ledger has said that the crypto bear market could last up to 24 more months. Eric Larchevêque is a computer science graduate from EISEE Paris, highlighted that the low price in cryptocurrencies have had an impact on the industry as “the presence of mass media is much smaller.” In addition to this, when digital asset project valuations are down, there’s usually “less traffic and fewer sales.” The comments from Larchevêque came during an interview with CCN last week during which he stated that the management at his firm is expecting a kind...

Read More

BTC, XRP & ETH Now Seen As Legal Money In Wyoming

In the US state of Wyoming, lawmakers reached a big milestone last week with the passage of all the ‘Digital Assets’ bill. The bill was brought in to support cryptocurrencies and the recognition they need as personal property, the new bill defines crypto assets as digital consumer assets, digital securities and cryptocurrencies. The new bill passed the Wyoming Senate by a vote of 28-1, with just the one excused senator. From here, the bill will be moved to the house. If the bill becomes law then cryptocurrencies like Ethereum, XRP, EOS and Bitcoin will be subject to some of the...

Read More

Here’s Why The Bear Market WON’T Last Forever

Ever since Bitcoin started its fall around this time last year, many of those who are sceptical to the leading cryptocurrency claimed that Bitcoin is on the right path to failure. In fact, there are worries that Bitcoin is currently in one of its final stages before finishing forever. There were several crypto enthusiasts that debunked the so-called fear, uncertainty and doubt, with Andreas Antonopoulos (Let’s Talk Bitcoin podcast) being one them. There are some sceptics that are confident that Bitcoin and the rest of the market will eventually sink to the zero mark. At the recent World Economic Forum...

Read More

Bitcoin (BTC) Continues To Look For Direction As Bulls Fail To Take Control

Bitcoin (BTC) has been trading in a very predictable manner for the most part of the ongoing bear trend. There have been times when the price made sudden unpredictable moves that had far reaching consequences, but most of such periods were neither bullish nor bearish. In fact, a case could be made for both bullish and bearish setups around those points. However, most of the time the trading patterns for BTC/USD were pretty straightforward. For instance, when the price would enter a rising wedge, it would break to the downside most of the time and when it would enter a...

Read More

Bitcoin Deemed As Legal Tender By Florida Court

Earlier this week, Florida’s Third District Court of Appeal ruled for Bitcoin to qualify as money in a case that turned on whether the digital currency is the driver for financial crime. According to ZyCrypto: “The appellate court’s opinion reverses Miami-Dade Circuit Court Judge Teresa Pooler’s 2016 finding that digital or cryptocurrency could not be considered money under Florida law. The case in question concerned Miami Beach resident Michell Espinoza, charged with two counts of money laundering and acting as an unauthorized money transmitter operating a digital currency-trading website, LocalBitcoins.com.’’ Although Judge Pooler’s ruling had dismissed the charges against Espinoza,...

Read More