The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors […]
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Bitcoin Price Watch: Currency Rising Again
At press time, the father of cryptocurrencies is back up to the $6,600 mark it had reached just 48 hours ago. During yesterday afternoon, bitcoin had seemingly fallen back down to $6,500, and was trading for about $100 less than where it stood previously. However, as it’s still semi-vulnerable to […]
Coinbase Custody Notes Initial Interest From Hedge Funds and Family Offices
It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive […]
BTCC Confirms Its Crypto Trading Platform Will Relaunch Soon
BTCC has always been one of the biggest Bitcoin and cryptocurrency exchanges in the world. Over the past year, the company has seen a fair few setbacks. Most of those issues are now resolved, as the company will return to the exchange business and issue a native token. BTCC Plans […]
Swiss Regulators Aim to Give Crypto Firms Better Access to Financial Services
Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency […]
A ‘Boutique’ Approach: Unique Services for Traders Found at Smaller Exchanges
Why major crypto exchanges are not the silver bullet? What services do smaller scale exchanges win over their larger counterparts? A boutique approach proves to be more inclusive and sometimes more efficient than a mass-market approach. This is also true for the crypto space. The crypto exchanges space has been […]
NEO Price: Solid Uptrend Drives Value to Nearly $40
Cryptocurrency price momentum can always change in the blink of an eye. Although some of the top markets are still in the red, the NEO price is rising fairly quickly. Thanks to solid gains over the past 24 hours, the NEO price is well on track to hit $40 again […]
Cardano Price: Steep Pushback may not Last all That Long
Nearly all cryptocurrency markets have suffered from a big setback in the past 24 hours. Ongoing regulatory concerns in India are making their mark on the industry yet again. The Cardano price has lost a whopping 6.96% in value over the past 24 hours. This is not the trend speculators […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Extreme AI Surveillance Enables Chinese Schools to Trace Students’ Emotions
Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class. The highly sophisticated surveillance system implemented by the Chinese government was introduced in late 2017, according to the BBC. As seen […]
Litecoin Price: Positive Momentum Seems to go by Unnoticed
The ongoing “luck of the draw” for all cryptocurrency markets seems to hold up quite well. Although a few currencies have suffered from minor losses, the Bitcoin price is still in the green. One of the currencies most people tend to overlook right now is LTC, despite the Litecoin price […]
Bitcoin Price Watch: Currency Falls by $100
Bitcoin has experienced a slight stumble since yesterday’s “high.” The currency is now trading for $6,500, which is about $100 less than where it was 24 hours ago. The bitcoin price had previously escalated to the $6,600 position, which marked a huge change from the previous downturn of events in […]
Why Kakao, Korea’s Biggest Internet Firm, Was Forced to Pivot From ICO to DApp
Line and Kakao, two of the largest messaging applications in Asia alongside WeChat, with more than 90 percent of the market share in Japan and South Korea respectively, are battling for dominance in the blockchain sector with unique partnerships and decentralized applications. Last week, Line, a Japanese messaging app that […]
Complicated Buying Process Continues to Hold Cryptocurrency Adoption Back
Cryptocurrencies remain an interesting yet confusing financial product. Their volatility is both attractive and scary at the same time. Obtaining Bitcoin or altcoins remains one of the biggest challenges to date. There is a good reason why so many people don’t own cryptocurrency, as buying it makes little sense to […]
XRP Price: Japan Shows an Increasing Appetite for Ripple’s Asset
These are interesting times for all cryptocurrencies. After plenty of excitement yesterday, it appears another reality check is on the horizon. Few currencies effectively note any growth, with some even losing value over the past 24 hours. The XRP price is still rising, and reaching $0.50 still remains possible. XRP […]
Ethereum’s Gas Prices Rise Again as One Exchange Causes Transaction Bloat
Transaction costs are an integral part of the cryptocurrency ecosystem. They are also one of the biggest concerns for most of the top currencies as of right now. Ethereum’s gas prices are seemingly on the rise again, which will make transactions a lot more expensive. This change is primarily caused […]
ICOs Attracting More Money in 2018 Despite Taking Longer to Reach Funding Caps
Even though the initial coin offering industry is under a lot of scrutiny, there is some positive momentum as well. Funding amounts have gone up spectacularly. Additionally, it appears the average ICO duration is also rising again, which is rather surprising at this stage. The ICO Industry Undergoes Changes Although […]
Cryptocurrency Price Declines Are Trivial Compared to Venezuela’s Financial Woes
The financial situation in Venezuela looks anything but impressive. Financial hardship has become the new normal in this part of the world. It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. Instead, it appears Nano […]