Bitcoin Falls 7% — Why Are Cryptocurrencies Plunging?

Here’s a look at the 10 largest cryptocurrencies by market capitalization and how much each has changed over the past 24 hours. Bitcoin (BTC-USD) is down by more than 7% over the last 24 hours, and is actually the best-performing of the 10 largest cryptocurrencies. Six of the top 10 are down by double digits, and only three of the top 100 cryptocurrencies are positive on Wednesday. In short, this is about as broad of a sell-off as you can get.

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Norway and England Contemplate Central Bank-Issued Cryptocurrencies

The central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.”

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Coin Review – PundiX

**Unique Point of Sale system not tied to credit card processors
**Allows users to buy Cryptocurrency from any business with a terminal
**Users can top up with crypto or fiat
**Compatible with multiple cryptocurrency assets
**Offers loyalty and reward program to users
**Merchants can sell advertising with the machines for extra revenue
**Company has already begun distributing terminals



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