Cryptocurrencies are highly popular when it comes to international methods of currency exchange due to how you can instantly buy, sell, and trade crypto at an instantaneous rate. When you buy or sell something through a banking institution, it typically takes three to four days before the funds are available…
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99Crypto
Cryptocurrencies continue to slide, causing investors to turn tail
Cryptocurrencies like Bitcoin and Ethereum can't catch a break today. These currencies, and most other major cryptocurrencies, continue a downward trend. In the past couple weeks, the market cap for all cryptocurrencies has dropped by billions of dollars. Bitcoin, Ethereum, and other currencies can't seem to find enough support to…
Bitcoin and Pizza: A Story of Wealth Creation
Do you know what two pizzas from Papa Johns, purchased with Bitcoin several years ago, would be worth today? How about $73,350,000? That's what the 10,000 Bitcoin Laszlo Hanyecz spent on two pizzas in 2010 are currently worth. Hanyecz became Internet famous as the first person to…
Blockchain transaction demonstration worth half a million Euros turns heads
Cointelegraph reported about a pilot forex forward transaction using a blockchain. Commerzbank, a German bank and ThyssenKrupp teamed up to perform this demonstration. The transaction value was placed at €500,000. Live Trader, an FX trading platform operated by Commerzbank managed the transaction after ThyssenKrupp initiated it on Wednesday. A…
Some Reasons for the Projected Bitcoin Price Spike
Tom Lee, the Co-founder and Fundstrat strategist predicts that Bitcoin's (BTC) value will eventually reach $25,000. There are three reasons why he believes the price could exceed the highest seen in 2017. BTC prices dropped below the $8,000 mark on Wednesday, being traded for around $7,500 per…
Fraudulent cryptocurrency exchanges are under fire by finance regulatory groups
Securities regulators in states and provinces inside the U.S. and Canada recently launched investigations into what some believe are fraudulent crypto investment enterprises. Named "Operation Cryptosweep," this push is said to be the most significant initiative of its type in terms of coordination between provincial and state…