Cryptocurrency

Marijuana is still illegal under federal law so when a marijuana business goes broke, it isn’t eligible to file for bankruptcy in the federal courts, Kent County Circuit Court Judge Christopher Yates told the Michigan House Judiciary Committee Tuesday. “Whether we like it or not, we in...

The new year has gotten off to a typically volatile start in the world of cryptocurrencies, and Telegram has found itself in tons of trouble regarding the company’s ongoing legal drama with the United States Securities and Exchange Commission (SEC).  Telegram, founded by the Durov...

Actor Steven Seagal is the latest celebrity to be punished by the Securities and Exchange Commission for failing to disclose that he was being paid to promote an initial coin offering launched by Bitcoiin2Gen.  Seagal, 67, the martial artist and star of films like "Above the Law...

The finance sector relies on numerous middlemen. And they’re making out like bandits.  In traditional payment systems, you invariably go through a middleman, such as Mastercard Inc (NYSE: MA) or Visa Inc (NYSE: V) … Western Union (NYSE: WU) … or a bank that issues...

Bitcoin is in free fall once again as crypto sentiment takes a dive Bitcoin is struggling like all of the crypto majors on Wednesday afternoon and is currently over 7% lower. The next support zone on the way down is at 8,300.00 and beyond that the psychological 8K. The market is now consistently...

Each year, OTC Markets releases its OTCQX Best 50, an annual ranking of the top 50 companies on its top market tier, OTCQX. The list is based on an equal weighting of one-year total return and average daily dollar volume growth. 2019’s top performer is Canadian silver mining company New...

Right now the imminent threat to the global economy is the impact of spreading coronavirus. In the financial markets, there is another potential complication and risk forming: that market participants overestimate the likelihood that the Federal Reserve cuts interest rates due to the virus. With...

Bitcoin Price Analysis: BTC/USD continues to make lower high and lower low waves Bitcoin is having a tough time at present as sentiment fails to turn once again on Tuesday. The 4-Hour chart continues to make lower low and lower highs. This could suggest a new Elliott wave pattern might be starting...

For those unfamiliar with the cryptocurrency market, the daily ebb and flow of coin prices by anywhere from 5% to 10% in a matter of hours can seem as capricious as the roll of the dice or the random turn of a roulette wheel. However, investors are increasingly confronted with the potential appeal...

Bitcoin Price Analysis: The wave pattern suggests further weakness Bitcoin is having a down day on Monday. The digital gold is trading over 3% lower on a bad day for cryptocurrencies. The chart below shows the Elliott Wave count on the 4-Hour chart. We could now be in the 3rd wave lower...

Nearly $24 billion worth of shares traded on OTC Markets last month, down about 2% from December. There were a number of significant volume increases in individual securities throughout the month, with the most notable being the Grayscale Bitcoin Trust (OTCQX: GBTC). Trading volume in GBTC more...

Bitcoin Price Analysis: The market found support but the signs still are not good Bitcoin has just moved into positive territory. The market found support at the 9,500 level you can see on the chart below. This does not stop the fact there was a lower high lower low that has been created. Ethereum...

Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that multiple 2.5-megawatt containers are fully operational and have started mining bitcoin. The startup didn't pin a number on how many such containers...

Bitcoin Price Analysis: Bitcoin has rejected 10K again but what are the technicals telling us? Looking at the chart below you can see the main resistance holds at 10,522.51. Beyond that 10K has been doing a good job as a support level. On the top of the current wave, 10,300.00 is the...

Democratic Presidential candidate Michael Bloomberg on Tuesday proposed creating a "clear regulatory framework" on cryptocurrencies as part of financial reforms if he is elected president in the upcoming elections. What Happened "Cryptocurrencies have become an asset class worth...