MIT Unveiled a Plan to Destroy Bitcoin (BTC)

Bitcoin could become irrelevant if any of the ideas put forth by MIT students become a reality. First though, let’s go back to 2008 when the US went through the worst recession in history; it was even considered to be greater than the “great depression”. The cause of it ultimately came down to the banks issuing money/mortgages to individuals that they didn’t have and the housing market burst as a result. A year later, the still unknown Satoshi Nakamoto served the world an entirely new solution to the problem and Bitcoin was born.…

Martin Lewis Files Lawsuit Against Facebook Over Crypto Scams

Crypto scams are not new. In fact, we have seen many this year. It’s a recognized problem within the crypto space, and now it appears one British finance behemoth has had enough. Now, Martin Lewis is suing Facebook. Lewis has had enough of Facebook acting as the platform in which crypto scams are performed. Especially scams that use his name and his face.  Martin Lewis is Suing Facebook Yesterday, Martin Lewis, who is a British journalist, announced that he has filed a lawsuit against Facebook. Lewis, who filed the lawsuit…

Cryptocurrency Market Surpass $420 Billion As Altcoins Shine

What is the total market of Cryptocurrency worth right now? It may surprise some to hear that the market cap has exceeded the $420 billion level for the first time in seven weeks: the emerging coin market has increased at a robust pace over the previous two weeks driven by prompt growth in altcoin prices. The traders are attributing the bull-run to the end of tax season and increasing confidence in cryptocurrency markets. Bitcoin price rose almost 50% since the start of this month; expanding its market capitalization from $111…

Icon (ICX) and Stellar (XLM): Altcoins Making Moves

The crypto markets are looking good today. All of the top 10 coins on CoinMarketCap are in the green territory – the list features coins like Icon (ICX) and Stellar (XLM), as well as Bitcoin (BTC). Today, however, we are just going to be focusing on Icon (ICX) and Stellar (XLM).  Icon (ICX) Icon (ICX) is currently selling for $4.20. This puts the coin up 10.43% in the past twenty-four hours.  Source: CoinMarketCap This week, we have seen a few headlines circulating that have involved Icon (ICX). For starters, the…

EOS and TRON (TRX): New Listings, New Updates

Some of the biggest crypto winners of the day so far include EOS and TRON (TRX). What’s happening with these coins? EOS EOS is currently selling for $13.61, which puts the coin up 17.59% in the past 24 hours. Source: CoinMarketCap EOS has been ramping up since the second week of April, with EOSIO Dawn 3.0 launching and other further preparations moving us towards EOSIO 1.0. Unlike last time, EOS looks to be maintaining its 5th place ranking over Litecoin (LTC). EOS currently has a market cap of $11.1 billion USD. In…

Bitcoin Price: UK Regulators Acceptance Could Encourage a Long Bull Run

British regulators have hinted at their possible acceptance of cryptocurrency and as a result, the Bitcoin price (BTC) bull-run could expand even further. The trading environment has been changing dramatically in favor of bulls who expect robust growth in bitcoin price throughout the second half of this year. Bitcoin price breached the $9,000 mark today after steady growth in the last two weeks. The aim is to hit the $10,000 resistance level soon.   Bulls are actively capitalizing on trader’s strengthening confidence in cryptocurrency markets. The price of the largest coin…

Bitcoin Cash Reaches Three Month High; Analysts Expect Pullback

Bitcoin Cash (BCH) has reached a three-month high today as its dramatic upswing extends. It began to soar by 20% in Monday trading. The BCH coin rose 18% earlier today before losing some value later in the trade – but as a whole, the coin is up almost 98% since last week. The fresh rally in bitcoin cash price is driven by; the potential launch of the hard fork, the rumors of distribution of new coins to existing holders, and bullish price targets from some analysts. The massive gains in…

Japanese Crypto Exchanges Plan for Self-Regulation

A total of 16 Japanese crypto exchanges have joined together to form a new crypto association. The goal? To self-regulate cryptocurrencies in order to regain the public’s trust of the crypto industry as a whole. News outlet Nikkei reported that the Japanese crypto exchanges are looking towards self-regulation as a way to “rebuild public trust battered by high-profile theft.” More information is going to be released later this year, about trading and disclosure rules. That information can be expected for public release sometime in the summer. In the meantime, the…