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Bitcoin Prices Drop to Yearly Low as Perceived Price Floor Gives Out

So much for that $6,000 floor. This week Bitcoin prices broke through that perceived bottom barrier, plummeting as low as $5,300. After weeks of stability and prices sitting comfortably in the $6,200 to $6,800 range, this dip brought prices to their lowest point this year. Of course it's also a...

8 Apps For Investing in Bitcoin 3

Blockchain is finally managing to go mainstream. When Bitcoin was initially introduced in 2009, there was a lot of uncertainty around the currency. People were slow to trust it due to its novel and complex technology. Now, cryptocurrencies and blockchain technology are both gaining immense popularity. So much so that...

Judge Dismisses Bitcoin Cash Insider Trading Case Against Coinbase

It looks like the popular cryptocurrency exchange Coinbase has escaped a lawsuit that was filed against them — for now. This week a federal judge in California granted the company's motion to dismiss a case that accused them of insider trading related to the launch of Bitcoin Cash. As CCN...

Has Bitcoin Found its New Floor?

With Bitcoin's recent stable streak rolling on, could the cryptocurrency have found its floor? That's the question CCN explores in a post that lays out a compelling argument as to why the coin is unlikely to fall below $6,000 — at least not for very long. This comes as Bitcoin...

Coinbase Closes Down Its Cryptocurrency Index Fund Product

The popular cryptocurrency exchange company Coinbase is saying "goodbye" to its crypto index fund product after only a few months. Aimed at institutional investors, the index fund was launched earlier this year and allowed for investments between $250,000 and $20 million. According to The Block the product is being shut down due...

Bitcoin Sees Stable September, Reaches 17-Month Volatility Low

For a currency known for its rapid price fluctuations, Bitcoin has managed to stay relatively stable in recent weeks. In fact the leading cryptocurrency saw volatility fall to a 17-month low with prices mostly staying between $6,200 and $6,800 over the past eight weeks. As a result some are suggesting that Bitcoin...

Compound Introduces Ethereum Money Market

Finding it difficult to see returns in the cryptocurrency market these days? One San Fransisco startup is offering a different way to put your crypto investments to works, launching money markets for Ethereum. As MarketWatch reports, Compound's new platform allows coinholders to earn interest by lending out their assets. In a...