0 Comments

Traders Cautious as Bitcoin Plunges to a New Yearly Low at $3210: Can it Recover?

On December 7, the Bitcoin price achieved a new yearly low, as the valuation of the crypto market fell by $16 billion within a 24-hour span. Bitcoin Price Struggles to Recover from New Yearly Low Bitcoin (BTC) fell to as low as $3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase, which led other major cryptocurrencies […]

0 Comments

Chile Court Says Banks Can Ban Crypto Exchanges: Will Market Survive?

On December 6, the Third Chamber of the Chilean Supreme Court officially sided with the state-owned BancoEstado after it banned a local crypto exchange by shutting down its bank account. Orionx, a digital asset trading platform based in Chile, filed an appeal with the supreme court following an abrupt termination of its account by BancoEstado. […]

0 Comments

Interview: Aeternity Team Talks ‘Roma’ Public Blockchain Launch

Aeternity launched the first live implementation of the Aeternity blockchain from a stunning villa on the outskirts of Rome, and CCN.com went to speak with the team and learn about the scope of the project. Aeternity is a smart contract and decentralized applications development platform founded by Yanislav Malahov whose early contributions to the Ethereum […]

0 Comments

Crypto May Fulfill Nobel Winner F.A. Hayek’s Vision for Private Money: Economist

F.A. Hayek was a Nobel-prize winning economist. In the 1970s, in the middle of a punishing recession and inflationary period that lasted into the beginning Ronald Reagan’s presidency, Hayek proposed that the solution to government-caused inflation and its associated problems was to allow the issuance of private, irredeemable money to compete with fiat issued by […]

0 Comments

Ethereum Recovers 15% Within Minutes, is it Demonstrating Oversold Conditions?

On December 8, within 15 minutes, the Ethereum price increased by more than 15 percent against the US dollar. Several traders expected Ethereum (ETH) to experience a short-term corrective rally after it dropped to a yearly low at around $82. A Local Bottom Prior to its price drop, a prominent technical analyst with an online alias […]