By CCN.com: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Zcash has...Read More
The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency’s burgeoning inverse correlation with the S&P 500 came back to bite investors. Bitcoin Price Careens Below $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more...Read More
A complete set of first edition Pokemon cards from 1999 just sold at auction for $107,010. Among the set, as any avid Pokemon fan from the ‘90s will remember, is a shiny Charizard – the most coveted card. At this valuation, the first-edition Charizard alone is worth $20,000, more than a bitcoin. This complete set...Read More
Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a...Read More
Early on Monday, CCN.com brought to light the misadventures of an insidious scammer pretending to be none other than the Bitcoin renegade himself, John McAfee. McAfee: Twitter Never Even Responds to My Crypto Scam Reports After we tipped off McAfee and his wife, Janice, to the fraudulent article in question, John responded by sharing his...Read More
China’s long-fabled “cryptocurrency” launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. Given Beijing’s history of antagonism toward decentralized cryptocurrencies, what does...Read More
