Today in the news:
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, Litecoin, and other major cryptocurrencies with the exception of Monero have experienced a decline in value, as the cryptocurrency market fell by yet another $22 billion after a seeing a drop on March 6.
Read more: www.ccn.com
The cryptocurrency markets are always evolving in many different directions. Right now, the overall sentiment is pretty depressing, as the markets have gone down in value for quite some time now. With some markets losing 10% in value or more, things are not looking all that great. Especially the Ethereum price is struggling as of right now, for some reason.
Read more: themerkle.com
Coinbase is launching a weighted index fund for cryptocurrencies. Much like how the Dow Jones Industrial Average gives a sense of the American economy, this fund tries to reflect major trends in the cryptocurrency market.
Read more: www.cnbc.com
People just aren’t that interested in Bitcoin since the digital currency’s manic price surge came to an abrupt end late last year.
Read more: www.bloomberg.com
After rumors began to fly late last week that the SEC has been sending out subpoenas to initial coin offerings (ICOs), some of the biggest projects to yet utilize the funding mechanism have remained tight-lipped, refraining from public commentary. CoinDesk has so far reached out to the 14 best-known issuers that have raised $50 million or more through their token sales, asking whether they had received a subpoena or request for information letter. The majority left multiple requests for comment without a reply.
Read more: www.coindesk.com
Virtual currencies like bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission, a federal judge ruled Tuesday.
Read more: www.cnbc.com
Steve Bannon, former Chief Strategist to US President Donald Trump, said that cryptocurrencies could be an asset to the European anti-establishment movement at an event sponsored by the Swiss newspaper Die Weltwoche on March 6. With cryptocurrency “We take control of the central banks away. That will give us the power again.”, he said.
Read more: cointelegraph.com
Tim Draper who has been investing in future technology since the earliest days of the web said that in five years no one will be trading with fiat currency. The legendary investor and prognosticator of where technology is taking us sat down with CNBC’s Fast Money to talk about the future of Bitcoin and blockchain technology.
Read more: www.newsbtc.com
More than 100,000 BitPay merchants, including Microsoft, Zynga, Virgin Galactic and others, can now start accepting Bitcoin Cash payments following its full integration in all of BitPay’s services.
Read more: www.trustnodes.com
The world of crypto coins has had its attempts to create various forms of tokens with a fixed price. So far, the most widespread project remains that of Tether, which has kept its $1 level with minor fluctuations through all attacks.
Read more: cryptovest.com
Russia’s president Vladimir Putin has signalled cryptocurrency regulation in the country should become law “by July 1” this year, according to the official government publication Parlamentskaya Gazeta Feb. 28.
Read more: cointelegraph.com
Just recently the firm Crescent Electric Supply Company conducted a study that showed the cost of mining one single bitcoin in each state in the U.S. Since then the company’s subsidiary business Elite Fixtures took the research further by charting the cost to mine a single bitcoin in each country across the world.
Read more: news.bitcoin.com
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