Musiccosmos

Though at the current moment, the crypto market is experiencing a decline, especially in comparison with the previous year’s skyrocketing growth, the industry’s leaders are not going to wait for any specific occasion to solve the issues concerning regulation. As it has been informed, the country’s major cryptocurrency companies and tech veterans are going to create the Blockchain Association. The industry’s association is to become the first lobbying group of its kind in Washington. It will represent the interests of investors and entrepreneurs who are working with this cutting-edge technology. This new organization’s mission is to achieve stabilization of relations between crypto startups and the nation’s lawmakers via offering result-oriented education and legal changes. The list of the first members of the association includes a number of prominent names. Operators of the world’s leading digital currency exchanges, Coinbase and Circle, as well as a successful tech startup Prot...

The cryptocurrency market attain a nine-month low since November 2017, as a huge sell-off is triggered in Bitcoin and altcoins. The Digital Currency market has made a new low for 2018 today as the overall market valuations have dropped below $200 billion. The market is reeling under a heavy selling pressure as over $25 billion have been wiped off the market in the last 24-hours. Bitcoin has lost nearly 7% in the last 24-hours as the world’s largest digital currency dipped below $6000 mark, momentarily, before finally recovering back. As per the global charts on CoinMarketCap, the cryptocurrency market has dipped to a low of $189 billion which is the lowest in the last nine months since November 2017. However, today’s price fall in Bitcoin is relatively low in comparison to other altcoins which have been the major reason for the huge slump in the market valuations. Data on the CoinMarketCap shows that except the Bitcoin, almost all the other top-twenty cryptocurrencies have ...