Meitu Facing Impairment Loss Of Over $17 Million on Bitcoin Investment
Hong Kong-based software company Meitu bought 941 Bitcoin and 31,000 Ethereum this March and April to the collective tune of $100 million. By the end of Q2, however, the price…
Bitcoin, Ethereum and Dogecoin Prices Slump Overnight
Almost all largest cryptocurrencies from the top 10 broke out of their long-drawn price corridors today—but not in the direction their holders were probably hoping. At the time of writing,…
Bitcoin Cash in a Sideways Trend, Battles the $540 Overhead Resistance
Bitcoin Cash (BCH) has made positive moves to the upside since June 23. However, buyers have failed to break the $540 overhead resistance.
Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Cayman Islands-based cryptocurrency exchange Binance received a red card from several regulators worldwide. What's next for crypto users and the crypto community in general?
Bitcoin Unable to Sustain Above the $35,000 High, Revisits the $31,000 Support
Bitcoin (BTC) price has resumed its downward movement after failing to break above the $35,000 resistance level. This will be the fourth time Bitcoin will be rejected from the recent…
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the…
South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against…
