Police Reportedly Raid Headquarters of Bithumb, South Korea’s Largest Exchange

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Sep 2, 2020 at 10:59 UTC Updated Sep 2, 2020 at 11:07 UTC Police Reportedly Raid Headquarters of Bithumb, South Korea’s Largest Exchange South Korean authorities have reportedly seized Bithumb, one of the country’s biggest cryptocurrency exchanges by trading volume.The Seoul Newspaper reported Wednesday that officers from the Seoul Metropolitan Police Agency’s Intelligent Crime Investigation…

What Should I Look for When Buying Cryptocurrency?

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Are you considering investing in cryptocurrency? Like many people, you could be pushed into buying cryptocurrency due to their popularity and the possibility of making substantial sums of money as investment profits.Truth be told, the rise of cryptocurrency has simplified many transactions. Many people currently prefer exchanging digital currencies for services and products instead of…

Siacoin Price Down 26.1% Over Last Week (SC)

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Siacoin (CURRENCY:SC) traded 7.3% lower against the U.S.dollar during the one day period ending at 20:00 PM E.T.on September 23rd.One Siacoin coin can now be bought for $0.0025 or 0.24 BTC on cryptocurrency exchanges including Bittrex, Binance, Bisq and OKEx.Siacoin has a total market cap of $111.94 million and $1.85 million worth of Siacoin day.Over…

US Federal Reserve Actively Working on Digital Dollar

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The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar.Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency.Several Digital Dollar Initiatives The president of the Federal Reserve Bank of Cleveland, Loretta J.Mester, outlined the Fed’s…

Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked

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The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions.Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m.EDT).Slipping 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $10,250-$10,575 BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since…

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