Being a creative innovation, Bitcoin have caught the attention of more and more traders and investors to the world of cryptocurrency. For trading and investing on cryptocurrency keep a eye on the market.
The Reserve Bank of India’s (RBI) crypto circular, dated April 6 which had given to all payment companies and banks, a 3-month time to end their dealings with all the cryptocurrency entities will come to an end on July 5. As RBI’s ‘cryptocurrency’ circular will be fully effective from 5th july. That's why, the Indian crypto traders will find difficulties to continue the trade despite having few choices likely remain available even after that.
It's not only a matter of India but in many countries across the world. According to the reports, a Bitcoin broker EIRCOIN has now accused Banking and Payments Federation of Ireland of discriminating against the accounts of crypto-related companies. The co-founder of Eircoin Dave Fleming claimed that the company was closed “due to a negligent and defensive banking system” on false and ungrounded accusations of illegal activities.
A Japanese court passed a rule on Friday to pull famous Bitcoin exchange Mt. Gox out of bankruptcy, opening the door for at least $1 Bn worth of cryptocurrency to be paid back to the company’s former customers.
A Bitcoin ATM has been installed on a trial basis at the Amsterdam airport in northern Holland, which is the first European airport to provide such facility to traders for exchange their left-over Euros for Bitcoin or Ethereum at a ‘Bitcoin ATM’.
A painting by Benjamin Katz, a mixed media artist based in New York, just sold for the 150 Bitcoins, worth roughly $1.25 M. As per the reports, the painting was sold by Ato Gallery, an online gallery, and the entire deal was carried out by a messaging app.
The valuation of the cryptocurrency market has dropped from $260 billion to $241 billion by over $19 billion in the past few days, as major cryptocurrencies including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and EOS felt by large margins. On 24 June, EOS recorded a loss of 13%, while BTC 3.5%, ETH 4.6%, XRP 5.8% and BCH 8.5% respectively.
