January 16, 2018

Cryptocurrency Market Bloodbath: Bitcoin, Ripple, et al. Decline in Value

Today, on January 16, the cryptocurrency market experienced a major correction, for the third time in the past 10 days. The price of most cryptocurrencies including bitcoin, Ripple, Ethereum, and Bitcoin Cash declined by around 10 percent, while small cryptocurrencies recorded larger losses. With the […]
December 27, 2017

Markets Update: Deflated Digital Asset Prices Bounce Back

The price of bitcoin (BTC) has rebounded significantly since our last markets update. BTC markets reached a high of $16,100 across many global exchanges around 11:00 am EDT on December 26. The price spike is a big jump from yesterday’s weighted global averages of $13,800-14,000 […]
December 27, 2017

Israel Government Considering National Cryptocurrency

Following in the footsteps of Russia and Dubai, Israel is considering offering a national cryptocurrency – a digital shekel – which would correspond in value to physical shekels. According to the sources close to the Finance Ministry, Israel’s black market is approximately 22 percent of […]
December 19, 2017

CME starts bitcoin futures trading as bitcoin goes down

  Chicago Mercantile Exchange CME Group began trading futures contracts for bitcoin. After four hours, the futures price fell by 3.8%, dropping from $20,650 to $18,760. Bitcoin futures trading on Chicago-based CME began on 17 December at 17.00 local time. The day before the futures […]
December 19, 2017

Majority of Bitcoin Investors Believe Cryptocurrency Performs Even Better in 2018: Survey

Majority of American Bitcoin investors are optimistic that Bitcoin will perform even better in 2018. While the Bitcoin ‘mania’ may seem absurd for traditional investors, millennials don’t seem to agree with the past. Instead, we’re seeing more and more millennials jumping on the bandwagon and […]
December 6, 2017

$12,000 and Higher! Bitcoin Price Hits New Milestone as Market Turns Optimistic

Earlier today, on December 6, the bitcoin price achieved a new all-time high at $12,278, within 24 hours since achieving its previous all-time high at $12,000. Yesterday, on December 5, CCN reported that the price of bitcoin surpassed the $12,000 mark ahead of the launch […]
November 10, 2017

Markets Update: Bitcoin’s Daily Trade Volume Surpasses $5B

Bitcoin markets over the past week have seen some phenomenal energy and the past three days has been a thrilling run. After the Canceled Fork Announcement Bitcoin Trade Volume Spikes Exponentially Action across bitcoin markets have been all over the place. For instance, on Tuesday, […]
November 10, 2017

Ethereum Processed Over 44% More Transactions Than Bitcoin In Last 24 Hours

The Ethereum blockchain has confirmed significantly more transactions in the past 24 hours than the Bitcoin blockchain. In the last 24 hours, the Ethereum blockchain processed over 44% more transactions that the Bitcoin blockchain, confirming a grand total of 477,780 to Bitcoin’s 331,556. Additionally, the number of pending transactions […]
November 9, 2017

Chinese and Australian Securities Regulators Ink FinTech Cooperation Agreement

Financial market regulators for China and Australia have signed an agreement to share information regarding FinTech innovations and the regulatory challenges that they entail. The China Securities Regulatory Commission (CSRC) and Australian Securities and Investments Commission (ASIC), both of which are government regulatory bodies, have […]
November 7, 2017

Singapore Residents Clamor for Bitcoin-backed Visa Cards

According to Bloomberg, Visa is starting to realize they are sitting on a gold mine. This year, cryptocurrency debit cards have become quite popular. Such cards are issued by third party companies that store users’ Bitcoins or other currencies. When the consumer goes to make […]
November 7, 2017

$8,000? Goldman Sachs Analysts See Possible Bitcoin Price Jump

Goldman Sachs analysts predicted that the price of bitcoin could surge as high as $8,000 in a note distributed to clients earlier this week. According to Business Insider and Bloomberg, the note came as the cryptocurrency’s price cleared a new all-time high above $7,600. Technical […]
October 23, 2017

American Express Eyes Blockchain for Customer Rewards Systems

The travel and merchant arm of American Express may be weighing the use of blockchain within a personalized customer rewards system, public filings show. A new patent application published last week by the U.S. Patent and Trademark Office details a concept for offering customer-specific types […]