Sunday, 17 September 2017

Japan Bags the Largest Bitcoin Market as Traders Disown China

Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market. Analysts including BitFury Vice Chairman George Kikvadze attributed the surge in the trading volume of the Japanese Bitcoin exchange market to the exit of Bitcoin traders in China.

Bitcoin Price Bounces Back ‎₦146,000 ($400) In Minutes As China Gives Huobi, Okcoin Extra Month

The latest news from China has ‘sweetened’ reports all exchange should close by September 30, giving Huobi and Okcoin an extra month of life.

Saturday, 16 September 2017

Former Bitcoin Exchange BTC-e Reopens as

BTC-e, the Russian exchange platform closed by the FBI recently, has officially reopened for users on the new domain name, according to a post on the BTC-e Twitter account.

Thursday, 14 September 2017

Best Time to Buy Bitcoin as “Unreliable Sources” from China Spook Markets

As usual there's an enormous overreaction from news originating from China. It's possible to state that the foundation of latest announcement that China is banning ICOs and exchanges is unreliable as there's been no formal statement from the government official.

China Ban on ICO is Temporary, Licensing to be Introduced: Official

During an interview with state-owned national television network CCTV-13, Hu Bing, a researcher at the Institute of Finance and Banking, a Chinese government-supported academic research organization, claimed that the government’s ban on initial coin offerings (ICOs) is only temporary.
The Chinese Academy of Social Sciences and its Institute of Finance and Banking are affiliated with the State Council of the People's Republic of China, the chief administrative authority of the People’s Republic of China. The Chinese Institute of Finance and its researchers are considered to be a government institution and government officials.

Wednesday, 13 September 2017

Bitcoin Price Drops After JPMorgan CEO Harsh Rhetorics

JPMorgan CEO Jamie Dimon has continued his anti-Bitcoin rhetoric saying it is “worse than Tulip Mania” and only for “drug dealers.”
Speaking at a New York conference, Dimon, who is famous for his Bitcoin criticism, added he would “fire in a second” anyone at his firm trading the virtual currency.

Saturday, 9 September 2017

Equifax Hackers Demanding $2.6 Mln in Bitcoin, Or Else

The recent hack of Equifax has created widespread concern among many Americans, as the hack has apparently exposed the private information of more than 143 million people.

The hackers have now made a ransom demand, stating on a Darkweb site that they will delete the data for a ransom payment of 600 BTC, worth approximately $2.6 mln. The demand said that if they do not receive the funds from Equifax by September 15th, they will publicize the data.