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Cryptocurrency markets are still following a bearish pattern, leaving many digital asset traders uncertain. BTC/USD values have plummeted to levels not seen since the first week of February as the price per coin had touched a low of $7,325 on March 18. Moreover, the whole digital asset economy is suffering from losses as the entire cryptocurrency market capitalization has dropped to a low of $285Bn. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies How Low Can You Go? Digital assets are touching some lows again as market…

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Venezuela is calling for its citizens to build cryptocurrency mining farms throughout the country. The government has set up a crypto mining program which president Nicolas Maduro hopes will attract at least 1 million people such as university students, the unemployed, single mothers and the homeless. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Maduro Seeks Crypto Miners The president of Venezuela, Nicolas Maduro, has launched a program to encourage citizens to set up mining farms throughout the country. Speaking in Caracas, he said young people should…

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Reports say that Twitter will follow in the footsteps of Facebook and Google by banning a wide range of cryptocurrency ads. It appears that the digital world of cyberspace is continuing to shrink for those seeking to publish cryptocurrency ads. Facebook was the first to lower the boom as the social media platform banned cryptocurrency ads. This was followed shortly thereafter by a similar purge by internet behemoth Google. Now reports are coming out, saying that Twitter is following suit by instituting a ban of their own. No More Blue…

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According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at a loss. Also Read: New York Power Companies Can Now Raise Rates for Bitcoin Miners    Break Even Revenues and Losses The price of bitcoin and several hundred other cryptocurrencies are suffering from the largest drop in…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bank4YOU keeps a hand on the pulse of the blockbuster market. A young currency Byteball has been added to the existing list of accepted fiat and cryptocurrencies. Top-management places great hopes on this currency and starts working with it among the first, giving its customers…

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South Korea continues to make headlines in the cryptocurrency world as authorities raided and confiscated property from three cryptocurrency exchanges following a January investigation. Raiding Party Last month, legal authorities in Seoul raided three cryptocurrency exchanges. The raids followed a government investigation in January, which concluded that a certain amount of customer’s assets had been illegally transferred to exchange managers’ private bank accounts. According to lead prosecutor Jeong Dae-jeong, authorities conducted the raids over a three day period. Confiscated items included hard drives, mobile phones, and records of financial transactions. Said…

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A lawsuit has been filed against Google in Russia after the company announced restrictions on cryptocurrency-related ads. Entrepreneur Vladimir Orehov demands a 2 billion ruble compensation from the Russian Google entity ООО «Гугл». He claims the ban will deprive him of opportunities to invest in crypto projects and find investors to fund his own business initiatives.   Also read: Ukraine to Legalize Crypto Mining as Economic Activity Foregone Earnings Google’s decision to impose restrictions on the advertisement of cryptocurrencies and related content has triggered a legal action in the Russian…

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On March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts and selling in a manner that would avoid affecting the market price. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining The ‘Mt Gox Whale’ Sold BTC and BCH Between December 2017 and February…

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Looking to take advantage of low-cost electricity, cryptocurrency miners have set up shop in upstate New York — but municipal power authorities and locals aren’t welcoming them. On Thursday, the New York State Public Service Commission gave upstate municipal power authorities the power to charge higher rates to companies, which mine cryptocurrency. According to a release from the Commission, the ruling was a necessary measure to prevent the rise of local electricity prices for existing residential and business customers. Due to the increased demand for energy from large-scale cryptocurrency mining…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Didi Taihuttu, also known as “the man who sold his house for bitcoin”, has joined the MoneyToken advisory board. Didi brings to MoneyToken a wealth of experience in cryptocurrency, and has been mining and trading in cryptocurrency assets since 2011 – but his real claim…

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