At press time, the father of cryptocurrency is back in the high $6,900 range and is trading for just shy of $7,000. After a minor dip that brought it down to about $6,800 yesterday afternoon, the asset is showing signs of recovery and moving back up the financial ladder. The […]
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US Renewable Energy Sources Surpass Nuclear: Will it Affect Crypto Mining?
According to new figures provided by the US Energy Information Administration and obtained by Cleantechnica, an energy-focused publication, renewable energy sources surpassed nuclear energy sources in 2018, which could have a profound impact on the global crypto mining sector. For many years, especially in December of 2017 during the peak […]
How Coinbase Intends to Lure Institutional Investors into the Crypto Market
This week, Wired published a unique insight into the security system employed by Coinbase to lure institutional investors into the crypto space. In July, Coinbase, the world’s largest cryptocurrency exchange and brokerage, announced the formal launch of Coinbase Custody, a custodian solution designed to facilitate large transfers of capital from […]
Filecoin Announces 2019 Mainnet Launch, Asks for Developers’ Participation
Filecoin intends to launch its decentralized storage mainnet in mid-2019, the company revealed in its Q1 and Q2 update on August 28. The mainnet launch will be preceded by the launch of the first public Filecoin testnet slated for Q4 2018 during which the go-filecoin nodes will be tested vigorously […]
Lloyds of London to Insure Kingdom Trust’s Crypto Custody Business
Alternative asset custodian Kingdom Trust has announced that it has secured insurance for digital assets held on its custody platform. The assets will be insured on one of the world’s most respected insurance marketplaces, Lloyd’s of London, in what is its pioneer crypto-focused product. Making the announcement, Kingdom Trust described […]
Monero Price: Solid Uptrend Amid Sea of Altcoin Red
Most cryptocurrencies remain in an awkward state as of right now. With the Bitcoin price still in the red, it is rather unlikely most altcoins will see any real improvements. In the case of the Monero price, however, there are a lot of improvements over the past 24 hours. A […]
Dogecoin Price: Doges Rise Again as Other Markets Crumble
Things are not looking too promising for the majority of cryptocurrencies. Albeit the Bitcoin price is still capable of minimizing the losses, it has become apparent this correction may become very steep in the coming days. Interestingly enough Dogecoin is going through a massive uptrend despite this overall bearish pressure. […]
Bitcoin Price Watch: Currency Stumbles After International Speculation
At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. […]
Jihan Wu, Randi Zuckerberg Join Huobi Blockchain Advisory Committee
Randi Zuckerberg, the sister of Facebook founder Mark Zuckerberg, is one of eight industry experts that have joined the Huobi cryptocurrency exchange in an advisory role. Zuckerberg worked at Facebook for more than six years where she served as a spokesperson as well as a marketing director. She later left […]
Reserve Bank of India to Set Up a Blockchain and AI Unit
After being engaged in a bitter legal fight with the country’s crypto operators, the Reserve Bank of India is reportedly setting up a new unit that will monitor emerging technologies such as blockchain, cryptocurrencies and artificial intelligence. The unit will lead the RBI’s efforts to stay ahead in the fast-evolving […]
Iranian National Crypto’s Features Revealed as Official Launch Looms Closer
Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an […]
42% of the Top 50 Universities Offer a Blockchain Course: Coinbase Survey
A decade ago, blockchain technology was only spoken of in nerd circles and online tech forums. Ten years later, the industry has grown by leaps and bounds, and educational institutions are making earnest efforts to keep up. According to a recent study by Coinbase, 42 percent of the top 5 […]
IOTA Price: Steep Declines Push Value Below $0.7 Again
As was to be expected after a few days of positive price momentum, the cryptocurrencies are in a battle for survival once again. Despite Bitcoin holding its own relatively well, the IOTA price is going off the deep end at an alarming pace. It is the only currency in the entire […]
Emerging Markets Are the Biggest Determinant of Bitcoin’s Price Movement: Fundstrat’s Tom Lee
Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest […]
Indiegogo Delves Into Real Estate-Backed Security Token Offering for Luxury Resort
Indiegogo is a pioneer in the crowdfunding industry, having been one of the first sites to offer the service a decade ago. The company is now turning to the increasingly popular ICO model to raise funds for an upscale resort located in Colorado. The ICO will, however, differ from many […]
SEC Rejects 9 ETF Proposals From Direxion, ProShares and GraniteShares
The U.S. Securities and Exchange Commission has rejected applications from three applicants for nine Bitcoin exchange-traded funds (ETFs). The agency disapproved five leveraged and inverse ETFs from Direxion, one from GraniteShares, and another two from ProShares which would have tracked Bitcoin futures contracts. The rejections came only a day ahead […]
Bytecoin Price: Panic Selling Begins Setting is as Value Plummets
Now that the cryptocurrency momentum is slowly turning against Bitcoin and altcoins again, it will be interesting to see how all markets respond. As is to be expected, the initial response is not promising. The Bytecoin price, for example, is almost down by 8.5% already as holders are cashing out […]
4 Cryptocurrency Shows on Mainstream Television
Bitcoin has been sporadically mentioned on television throughout the last couple of years, but 2018 has seen an influx of cryptocurrency and blockchain-based television programs. National networks have picked up on the industry excitement and are giving crypto a made-for-TV makeover. Here are 4 cryptocurrency shows on mainstream television, ranked […]