Bitcoin is working on a recovery from its catastrophic fall to $3,700 last week. The recovery made it back up to $5,500 before dropping back to $5,400 on Tuesday, March 17. Its increase in value is related to a boost from a White House press conference. United…
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99Crypto
Updates About MakerDAO and What Potential Investors Need to Know
The Black Thursday crash of the cryptocurrency markets is forcing some blockchain token networks to reassess their operations. MakerDAO, a decentralized blockchain that offers a stablecoin token pegged to the United States dollar, has been experiencing liquidity problems, and the situation has resulted in the Dai token trading at prices…
Can Investors Count on Recent Surges in Bitcoin Cost to Stay High, or Was it a Fluke?
Within the past day, the price of Bitcoin (BTC) increased and reached a high for the day at $5,940. This is a strong move for BTC, allowing the price to finally break out of a tight window of $5,070 to $5,520 that it was stuck in for…
Challenges for Digital Currency Traders in March 2020
The second week of March 2020 will was particularly difficult for digital currency traders and investors. As of March 15, Bitcoin was still trying to inch above $5,500 after having endured a bearish plunge that erased several billion dollars from the market. Just days before the World Health Organization…
Cryptocurrency and Terrorism: The Case of Zoobia Shahnaz
Zoobia Shahnaz, a 30-year-old woman from Long Island, has been ordered to spend the next 13 years in the custody of the United States Bureau of Prisons. According to court records and a press release issued by the Department of Justice, Shahnaz had previously been convicted of channeling funds to…
Proposed Rhode Island Bill Promises Big Blockchain Impact
The tiny state of Rhode Island has taken another tentative step towards becoming a blockchain-friendly jurisdiction. On March 11, two Republican state legislators in the Ocean States filed the “Economic Growth Blockchain Act,” a comprehensive bill that underscores Rhode Island's burgeoning status as the blockchain capital of North…