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Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive

1 day ago

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

According to BitPay chief commercial officer, Sonny Singh, whenever Bitcoin’s price surges high or drops low, the situation is blown out of proportion. “You know every time there’s good news or bad news, the market tends to overreact. And now we are seeing an overreaction of the downward side”, Singh said in an interview with … Continued

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

Habiba Tahir

Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy

1 day 1 hour ago

The post Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy appeared first on CCN

Bitcoin has done what regulators haven’t been able to accomplish — getting cybercriminals to lay off of cryptocurrencies as the ransom payment du jour in malware attacks. Bitcoin’s price swings over the past few days — from below $10,000 24 hours ago to more than $11,500 today — have stoked emotions ranging from fear of a … Continued

The post Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy appeared first on CCN

Gerelyn Terzo

Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery

1 day 3 hours ago

The post Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery appeared first on CCN

Well, somebody bought the dip. Just as critics were rushing to proclaim that the bitcoin bubble had burst, the markets staged a $159 billion recovery. The rally was headlined by the bitcoin price, which rebounded from its sub-$10,000 fling and is currently flirting with $12,000. Several other top-tier coins, meanwhile, returned single day increases in … Continued

The post Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery appeared first on CCN

Josiah Wilmoth

Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions

1 day 4 hours ago

The post Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions appeared first on CCN

Shortly after revealing a proposal to tax bitcoin investors to make it fair on traditional investors who have to deal with the government taking one-third of their earnings, Portuguese consumer watchdog DECO has stressed that the country’s banks have “no known legal basis” to block bitcoin-related transactions. As CCN recently reported, the Portuguese branch of … Continued

The post Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions appeared first on CCN

Francisco Memoria

First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1

1 day 5 hours ago

The post First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 appeared first on CCN

Bears 1. Bulls 0. That’s the score following the settlement of CBOE’s January bitcoin futures contracts, which closed on Wednesday at $10,900 following a steep correction in the spot markets. First Bitcoin Futures Contract Settles at $10,900 as Bears Win Round One CBOE had listed these contracts on Dec. 10, making them the first bitcoin … Continued

The post First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 appeared first on CCN

Josiah Wilmoth

Bitcoin Backing Firms Feel Crypto Crash Pinch

1 day 6 hours ago

Vocal Bitcoin backers such as Overstock.com and Square Payment, as well as those hopping on the Blockchain bandwagon, are feeling the pinch from this latest crypto crash. #ANALYSIS

CoinTelegraph By Darryn Pollock

NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients

1 day 6 hours ago

The post NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients appeared first on CCN

The owner of the New York Stock Exchange (NYSE) has announced that it will launch a Cryptocurrency Data Feed to provide institutional clients with real-time market information from cryptocurrency exchanges located throughout the world. NYSE Owner to Launch Cryptocurrency Data Feed for Institutional Clients Intercontinental Exchange (ICE) — best known as the operator of the … Continued

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Josiah Wilmoth