In this week’s cryptocurrency round-up, there has been a lot going on in the week of April 28 - May 5. First and foremost, Bitcoin appears to be doing well in terms of price action, holding well above the $5,000 level. Additionally, it appears as though New York City criminals are trying to scam individuals by accepting cryptocurrency, and the NYPD is warning the general public about it. It also appears as though one of cryptocurrency’s most powerful influencers, John Mcafee, is teasing the release of a crypto debit card that he hopes will spur mass adoption.
In this week’s cryptocurrency round-up, first and foremost, Bitcoin appears to be showing signs of life, as it has passed the $5,000 mark, to the excitement of many cryptocurrency enthusiasts, investors and traders. In addition, banks are interested in how blockchain might apply to real estate, Tom Lee is back to being bullish, and a Ripple co-founder feels charitable. Russia’s social media giant launched its coin, as well, and another Russian company decides that they are interested in blockchain, as well.
In this week’s cryptocurrency round-up, we have some good news in the form of a Canadian town accepting cryptocurrency as a form of property tax payments. While this might not be an immense catalyst for mass adoption, it is undoubtedly a step in the right direction. However, there is some bad news for South Korean cryptocurrency exchange Bithumb, which claims that it has lost millions as the result of an inside job. As if that wasn’t enough bad news for cryptocurrency exchanges, Gatecoin is being liquidated. In addition, a Staten Island man is facing a significant amount of prison time for defrauding investors and stealing from them while claiming that he could make a considerable return on their investment, and he did this from his home, and through social media networks Facebook and Twitter. Additionally, Japan’s largest railways operator might soon be accepting crypto, and a Russia social media giant might be launching its own cryptocurrency.
In this week’s cryptocurrency round-up, Denver is using blockchain technology to vote, a well-known cryptocurrency trader and entrepreneur gets caught up by law enforcement, and Morgan Stanley might finally be stepping into the crypto world. As if that wasn’t enough news, Texas wants to know the identities of those involved in cryptocurrency transactions, Binance announces a system upgrade, Max Keiser thinks that we should abandon the dollar for Bitcoin. Last but not least: the United States and China appear to be racing to hire as many blockchain-related positions as possible. Denver Using Blockchain To Vote There are many that have...
In the week of February 24 - March 2, there was plenty of cryptocurrency news. First and foremost, Bitcoin has shown signs of life, and some think that this is proof that the digital asset has finally found a bottom. Facebook Coin is coming, and some believe that this is the catalyst that will lead to some real money flow - but time will tell. More CEOs than ever believe that blockchain will disrupt the world, which is definitely a switch from several years ago, when it wasn’t as “mainstream”. Also, should the U.S. Marshals be saving the Bitcoin they seize? If so, it could mean a lot of money. Lastly, in a great sign for cryptocurrency markets - blockchain jobs are more in demand than ever.