Overnight, prices
in the global cryptocurrency market have overturned and are in a bearish zone.
If the demand for Ether
in the global cryptocurrency market can match that of the South Korean market, Ether's price would be able to surpass $ 1,000 relatively quickly.
«Russia has the potential to reach up to 30 percent share
in global cryptocurrency mining in the future.»
With substantial industry support, trade volume and liquidity, Litecoin now ranks fourth
in global cryptocurrency market capitalizations.
It's not the most promising way to start 2018, insofar as regulatory hiccups in the months ahead could catalyze bearish trends
in global cryptocurrency markets, even if acutely.
But, because Binance has been offline for well over 24 hours due to a server issue, OKEx overtook Binance temporarily to become the biggest exchange
in the global cryptocurrency market.
«Russia has the potential to reach up to 30 percent share
in global cryptocurrency mining in the future,» he was quoted as saying.
WISeKey's goal with WISeCoin is to become an «emerging powerhouse»
in the global cryptocurrency market by supporting the development of economies built on Blockchain technology.
Till now, about 96.31 million ETH have been mined with a total market cap of about 65.57 billion dollars, ranking 2nd
in global cryptocurrency market capitalizations.
RMC is a company co-owned by one of Vladimir Putin's advisors, internet ombudsman Dmitry Marinichev, who said that «Russia has the potential to reach up to 30 percent share
in global cryptocurrency mining in the future.»
South Korea has emerged as a pivotal player
in the global cryptocurrency market.
Mt. Gox's historic position as the dominant exchange
in the global cryptocurrency economy appears to have helped it build a valuable brand that has linked it inextricably with the growth of bitcoin itself.
Even with the decline, NEM held on to tenth spot
in the global cryptocurrency rankings based on market cap.
The South Korean government was the cause of major turmoil
in the global cryptocurrency market as rumors spread that they were planning to ban cryptocurrency trading across the country.
The Asian country has emerged as a major player
in the global cryptocurrency market, with investors there showing a greater propensity to adopt altcoins.
Bitcoin's price is back below $ 8,000, a move that comes amid a broader decline
in the global cryptocurrency market.
Yet if official policies follow, it still won't end Chinese participation
in the global cryptocurrency marketplace.
Tighter Cryptocurrency Regulations The South Korean government was the cause of major turmoil
in the global cryptocurrency market as rumors spread that they were planning to ban cryptocurrency trading across the country.
Circle continues to make giant strides in its bid to become a major force
in the global cryptocurrency industry as it has announced the launching of its new app in the US.
With the exception of Bithumb, the largest cryptocurrency exchange in South Korea, which is also the second biggest trading platform
in the global cryptocurrency market, the majority of cryptocurrency exchanges in the country have been fined by South Korea Communications Commission (KCSC).
Players
in the Global Cryptocurrency market are aiming to expand their operations to emerging regions.
Despite the region's colorful history — involving Mt. Gox, for example — the local authorities see merit in these new technologies
in the global cryptocurrency industry.
Not exact matches
«Ultimately, I think new
cryptocurrencies will emerge but of course time will tell,» Goldman Sachs head of
Global Investment Research Steve Strongin said
in February.
Chinese regulators have been on the forefront of a
global push to rein
in the frenzy surrounding
cryptocurrencies amid concerns over excessive speculation, money laundering, tax evasion and fraud.
«Our working assumption is that long - run
cryptocurrency returns should be equal to (or slightly below) growth
in global real output — a number
in the low single digits,» the strategists said.
Today, amidst a boom that made Ripple the world's second most valuable
cryptocurrency after bitcoin, that option contract is worth at least $ 12 billion and the two sides are locked
in a bitter court fight that could shape the future of
global banking.
Robert Sluymer, Fundstrat
Global Advisors, discusses the technical moves
in ethereum and bitcoin following a potential crackdown on regulations for
cryptocurrencies.
«
Cryptocurrencies may have a home
in low - trust corners of the
global economy,» Abate said.
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«That said, mining is very profitable at today's bitcoin price, and if
cryptocurrencies continue to appreciate we expect
global mining power consumption to increase,» the Morgan Stanley analysts wrote
in their research note.
U.S. households likely owe $ 25 billion
in capital gains taxes for their
cryptocurrency holdings, according to estimates by Tom Lee, head of research at Fundstrat
Global Advisors.
The S&P
Global Ratings report said that a huge drop
in the value of
cryptocurrencies would be unlikely to disrupt financial markets.
In times of
global economic instability, precious metals and
cryptocurrencies such as Bitcoin become more attractive as expressions of value that aren't subject to government manipulation.
Thomas Lee, head of research at Fundstrat
Global Advisors, said
in a report last week that U.S. households likely owe $ 25 billion
in capital gains taxes for their
cryptocurrency holdings.
In October, the UBS Chief Investment Office published a report called «
Cryptocurrencies: Beneath the bubble,» which estimated that blockchain technology could about add $ 300 billion to $ 400 billion to the
global economy by 2027.
Thomas Lee, head of research at Fundstrat
Global Advisors, says U.S. households likely owe $ 25 billion
in capital gains taxes for their
cryptocurrency holdings.
In recent years Bitcoin has become a household name and has given rise to a
global cryptocurrency market.
The growth and widespread adoption of
cryptocurrencies does not pose a risk to
global financial stability, but could do so
in the future unless proper regulation...
In a speech to the Scottish Economics conference, Carney said a «
global speculative mania» has «encouraged a proliferation of new
cryptocurrencies» and said they should be held to the «same standards» as the rest of the financial system.
Investors and exchanges
in South Korea were bracing themselves for what was understood as a potential government - issued ban on
cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the
global community rocking on its heels.
Malta, the New Leader
in Crypto Trading Volume The winds of change are blowing strong as Malta becomes the
global leader
in terms of
cryptocurrency trading volume.
In a Mar. 18 letter to G20 central bankers and finance ministers, Carney gave a low - risk assessment of
cryptocurrencies on the basis that the new asset class was small relative to the
global financial system.
After
cryptocurrencies hit record highs
in 2017, US investors will be on the hook for approximately $ 25 billion worth of
cryptocurrency - related taxes, according to Fundstrat
Global Advisers.
Some countries have become
global advocates, while others have actively banned
cryptocurrencies completely, with various shades
in between.
Cryptocurrency has also become rife with scams since its surge
in value last year, and may constitute a
global risk because it enables clandestine money laundering, capital flight, and tax evasion.
With the cross-platform capabilities of Bitcoin gambling, and the
global accessibility provided by
cryptocurrencies of all kinds, you are able to enjoy Bitcoin betting from almost anywhere
in the world.
Here's what you might have missed
in this week's
cryptocurrency news: Also read: Industry Report: Bitcoin Hears Thunder, Ethereum's Biggest Crowdsale, Kaspersky Kills Crime COINBASE Bitcoin exchange Coinbase is changing its name to
Global Digital Asset Exchange (GDAX) after announcing support for Ether trading on its platform.
Interoperability relates to the portability of a
cryptocurrency both within its natural ecosystem and
in its interface with the existing
global finance ecosystem.
2017 was the year of
cryptocurrencies as interest
in the
global monetary system started to move from fiat currencies to crypto.
As we know, China is a major driver of the
global cryptocurrency market, so soundbites from the Fintech conference could have reverberations elsewhere
in the market.