Bitcoin Price Doubling Funds on the Way

James Levenson · January 6, 2018 · 7:30 am Big investment firms across the US are waking up to the power of the crypto market following Bitcoin’s epic ascent in 2017. Traditional investors are looking for a way to get into crypto without the technical hurdles of using exchanges, and finance companies are coming up …

Kazakhstan wants to launch its own cryptocurrency G-Global based on the intellect.

The President of the Republic of Kazakhstan Nursultan Nazarbayev announced the intention to create a world cryptocurrency that will be based not on abstract trust but will be secured by specific assets, will be democratic and transparent. The new cryptocurrency will be called G-Global. “It will help the world get rid of monetary wars, black-marketeering …

Official Complaints Say Korea Trading Restrictions Are ‘Unconstitutional’

Wilma Woo · January 4, 2018 · 2:30 pm South Korea cryptocurrency exchanges have submitted a legal challenge to the government claiming its new restrictions are “unconstitutional.” Law Firm: Govt. Is ‘Devaluing’ Virtual Currencies As local news outlet Korea Times reports today and Wednesday, Seoul-based law firm Anguk Law Offices has filed a complaint on …

China’s Biggest Newspaper Calls Bitcoin a Bubble

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The People’s Daily, the official newspaper of the Chinese Communist Party and the biggest newspaper group in China, recently published a piece calling bitcoin a bubble, and comparing the cryptocurrency to the 17th-century Dutch tulip bulb bubble., just like JP Morgan’s Jamie …

Our Top 5 Bitcoin “Good News” Stories of 2017

When the history of Bitcoin and blockchains is written, 2017 will be the year tagged as the “turning point” when Bitcoin and “red hot” blockchain technology went mainstream. The steadily rising bitcoin price and market cap is a key, though not the only, indicator that a tipping point has been reached. Despite turmoil like ICOs …