The price of Bitcoin has suddenly fallen below $30,000 on Tuesday, following the bad news from China. In total, more than half a trillion dollars has been wiped from the crypto market in the last seven days, as the cryptocurrency lost more than 50% since its all-time peak in April. Experts say about the market…
Venture Capital funds have already invested more than $ 17 billion in the cryptocurrency market in the first half of 2021, marking a new annual record since 2018. According to data provider PitchBook, that’s around the total amount raised in all previous years combined. Much of the funds out of crypto deals in 2021 came…
Central banks around the world are preparing to introduce their own digital currencies: blockchain-based, but under government control. At this point there are very few actually existing CBDCs in use, but among them is the digital yuan, which is already quite significant. There was an interesting story at the end of May, as multiple media…
Seem Musk’s tweets, either they are serious or goofy, always have some impact on the price of cryptocurrencies. However, while cryptocurrency becomes more mainstream, the market gradually calms. As Ethereum co-creator Vitalik Buterin predicts that the crypto market will develop an “immune system” against such social media impacts, jaded crypto investors hope that it will…
SEC has brought three new charges in the $30 million ICO fraud case against Boaz Manor and Edith Pardo, 18 months after the first charges. The Securities and Exchange Commission (SEC) has brought charges against three additional defendants in its ongoing case against ex-con Boaz Manor and his business associate Edith Pardo for raising $30…
Paraguay joins a growing fraction of Bitcoin believers in Latin America, as emerging markets worldwide could be the next big frontier for cryptocurrency usage and mining. The South American country is set to unveil a crypto bill following Bitcoin’s success story in El Salvador, said Carlitos Antonio Rejala Helman, a deputy of the Nation and…