Hot Topics

Advertisement

Advertisement

Is Physical Cryptocurrency A Thing Now?

Physical cryptocurrency might seem like a pretty strange concept; however, crypto fans and coin fanatics should take a look at Lithuania, where the Baltic’s nation’s central bank, said on Tusday, that it has plans to release a cryptocoin that has been designed to be aimed at enthusiasts and is due to be released late on this year. It should be noted that this new physical coin is intended only as a collectors item, and there are no plans for the digital coins to be issued with a view of them entering circulation. It cannot be used a legal tender. freestar.queue.push(function...

Read More

The Reemergence Of Crypto Trading In China

Last year, Chinese investors were at the forefront of cryptocurrency trade and they stayed there for quite some time. At one point, the Chinese exchanges accounted for more than 90% of the daily trade in cryptocurrencies like Bitcoin and Ethereum. This wasn’t entirely surprising given the massive trade volume of Chinese businesses and exports around the world. The Chinese businesses and individuals have amassed a lot of wealth, most of it held in US dollar reserves and treasury stock backed by the dollar. For a long time, the Chinese investors have been looking for ways to diversify their holdings to...

Read More

Buy Your Bitcoins At Auctions!

You can now buy Bitcoins in an auction, after it was announced that US Marshals are set to auction nearly $25million worth of the virtual currency, later on this month. freestar.queue.push(function () { googletag.display('cryptodailyuk_300x600_160x600_300x250_320x50_320x100_Right_2'); }); On Monday, it was announced by the government agency, that it will put nearly 3,000 Bitcoins up for auction, which is set to take place on 19th March. It should be noted though that there are some regulations surrounding those wishing to bid on the coins. They must complete the registration requirements by 14th March in order to participate, and this includes submitting a $200,000...

Read More

Bitcoin Continues Slow Upward Climb

People have come to expect a bit of excitement with Bitcoin, and the number one currency didn’t fail to disappoint. The digital currency had another small hiccup over the last weekend before climbing back up, which left many investors and holding on to their hats. The digital currency fell below the $11,000 mark only to recover on Saturday and climbed past $11,500 today. At the time of this writing, the coin is trading at $11,553. Investors Appear Confident Cryptocurrency experts believe that the coin appears to have stabilized, at least for the time being. If there is no negative news...

Read More

The Bank Of England Calls For A Clampdown

Reports are emerging stating that the Bank of England are calling for a clampdown on cryptocurrency use in the UK, following Mexico’s recent moves towards regulation in recent days. Perhaps inspired by his Mexican counterparts, Governor Mark Carney has been heard discussing a ‘bubble’ effect within the digital coin markets. According to RT, Carney said: “Cryptocurrencies act as money, at best, only for some people and to a limited extent, and even then, only in parallel with the traditional currencies of the users. The short answer is they are failing.” In economics, a bubble occurs when the price of a...

Read More