BitcoinAlex Rathod

Bloomberg Says the Bears Are Dug In – “Bitcoin’s No Longer Boring”, But Price Could Hit $1.5k
Bitcoin
Bloomberg Says the Bears Are Dug In – “Bitcoin’s No Longer Boring”, But Price Could Hit $1.5k
Bloomberg’s crypto analysts predict that whilst the markets have tanked over the last few days, bitcoin could have “further to fall”; a drop to $1.5k might not be off the table. The run up to the Bitcoin Cash fork saw the markets gaining momentum once again as investors piled in, hoping to capitalise on the opportunity to get double their coins for nothing once the split happened. Subsequently, the markets…
SEC’s New Ruling Could Send Many Crypto ICOs To Bankruptcy
Cryptocurrency
SEC’s New Ruling Could Send Many Crypto ICOs To Bankruptcy
The Security and Exchange Commision recent actions on two Initial Coin Offerings (ICOs) could mean the downfall for many projects. SECs New Ruling SEC states that the ICOs Paragon and AirFox have to refund $12 million and $15 million respectively to investors. The two companies sold digital tokens in initial coin offerings but violated securities offering registrations. Both companies agree to return funds to harmed investors and register the tokens…
Venezuelas Walmart 'Traki' Started Accepting Bitcoin
Bitcoin
Venezuelas Walmart ‘Traki’ Started Accepting Bitcoin
The largest department store in Venezuela, which many refer to as the “Wal-Mart” of the South American country, now accepts cryptocurrencies as a form of payment. Think of the store as one of the Wal-Mart’s you find that also has a grocery store. Traki offers clothes, food, sporting equipment, and a wide range of consumer goods people need on a regular basis. There are 49 Traki stores located throughout Venezuela,…
Bitcoin’s Recent Price Fall Could Take ”Weeks, If Not Months” To Recover
Bitcoin
Bitcoin’s Recent Price Fall Could Take ”Weeks, If Not Months” To Recover
It could take ”weeks, if not months” the recoup the recent Bitcoin price losses. That is at least the case if a Fundstrat Global Advisors analyst is to be believed. The price of Bitcoin recently slipped below $5,600 All those following the cryptocurrency markets will know that Bitcoin recently dipped below the $5,600 price line. At the time of writing, Bitcoin is trading at a price level of $5,594. Furthermore,…