$15 Billion Slide Dumps Crypto Markets to New 16 Month Low

Crypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart. The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018. Over 12% has been dumped resulting in a $15 billion plunge to below $110 billion market capitalization, a …

Crypto Market Loses $15 Billion as Assets Plunge 10 to 30%

Overnight, the crypto market has lost about $16 billion of its valuation as it dropped from $123 billion to $107 billion. Performance of the cryptocurrency market in the past 24 hours, data provided by CoinMarketCap.com For the first time since May 2017, the Ethereum price has fallen to the $80 region, deleting all of the …

Digital Natural Selection – Bitcoinist.com

Just as the recent slide in crypto and tech stocks has put pressure on investors, it is also testing the business models of tech businesses across the board.  When the system is flush with cash it’s much easier for entrepreneurs and investors to test ideas, but when the money starts tightening up, market prices fall, and …

Crypto Loses $6 Billion in Big Downtrend, is $3,000 Bitcoin Unavoidable?

Within a 48-hour span, since December 5, the Bitcoin price has dropped from $3,913 to $3,678, by just about six percent. Other major cryptocurrencies like Ethereum (ETH) and Stellar (XLM) have declined by more than 10 percent in the past two days. The Ethereum price has dropped from $112 to $101 while the Stellar price …

As It Ramps Up Enforcement, the SEC Has Been Looking Abroad for Assistance

2018 has been a hallmark year for the U.S. Securities and Exchange Commission (SEC)’s enforcement against cryptocurrency companies, and, according to one director, international collaboration with other regulatory agencies has played a supporting role in the SEC’s recent regulatory actions. Steven Peikin, co-director of the Division of Enforcement at the SEC, has credited international collaboration as …

Man Tortured For His Bitcoin: 4 Ways to Protect Your BTC Funds

A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the man followed an invite to an anonymous presentation, highlighting the threats lurking on the internet.  Kidnapped Over Bitcoin  A bitcoin trader from the area of Lanseria in Johannesburg, South Africa, has reportedly been …

Fundamentals Diverge From Price, Positive for Bitcoin Bulls

Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development. Latest Bitcoin News Thing is, poor policies can cause irreparable damage for an economy. Unfortunately, then ordinary citizens bore the full …

Bitcoin is a Ponzi Scheme, Says Former Israel Prime Minister Ehud Barak

Former Israeli Prime Minister Ehud Barak praised blockchain as an important technology but thinks bitcoin is a Ponzi scheme that should be avoided. Barak — who was prime minister from 1999 to 2001 — made the remarks at the Globes Most Promising Startups event in Tel Aviv, Israel. Barak recently invested in, and became chairman of, the medical cannabis …