Many crypto investors may recall the Dogecoin partnership with NASCAR a few years back. The Litecoin Foundation is also looking to get its token mainstream media attention by sponsoring a UFC event. In an effort to promote the widespread acceptance of digital currency, the Litecoin Foundation announced on December 26…
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2018 Decline of Cryptocurrency Market Explained
It doesn't seem like it was that long ago that cryptocurrency investors were all positioning themselves to be millionaires. The Bitcoin bull run of late 2017 became legendary. Just one short year ago Bitcoin seemed headed for $20,000 and beyond. Then the bottom fell out. Bitcoin and…
SBI Holdings: It's A Japanese Financial Services Firm Involving VCTrade.
In July of this year, SBI Holdings — which is a large Japanese financial services firm — launched a digital currency exchange called Vctrade. Now, the exchange has announced that it will begin accepting deposits in Bitcoin, Ethereum and Ripple. The announcement, which was made in a press release that was dated…
Unlike traditional markets, cryptocurrency markets are having a good Christmas.
It has been a good Christmas for cryptocurrency bulls. The market capitalization of digital currencies has risen nearly 30% in the last 9 days, from $101 billion to $143 billion. Bitcoin Bitcoin has broken the $4,200 level, but it is currently facing some resistance at $4,255. Many think…
Here's What You Need To Know About Israel's DLT Industry.
On December 18, a group of major Israeli government entities — including the nation's central bank — formally requested information from the public about distributed ledger technology (DLT). In addition to the Bank of Israel, the group includes both the Ministries of Finance and Justice, the Tax Authority, the Money…
The Blocking Iran Illicit Finance Act And America's New Sanctions.
On December 17, a U.S. congressman introduced legislation that would not only levy addition sanctions on financial institutions in Iran but would also sanction the use and the development of Iran's national cryptocurrency. Rep. Mike Gallagher (R-WI) introduced the bill, which is called the "Blocking Iran…