Cryptocurrency News
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. […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
At press time, the father of cryptocurrency has managed to remain at $7,000 after hitting the newfound zone during yesterday’s afternoon hours. Bitcoin huddled at the $6,400 mark for several days and remaining largely unaffected by relative financial news, but later spiked to $6,700 and broke the $7,000 line about […]
Numerous cryptocurrency and blockchain projects have yet to hit their stride. Tezos is one of those projects, primarily because it suffered from numerous setbacks during its early stages. Most of those issues have since been resolved, even though Craig Wright is convinced that Tezos is a “shite coin”. The Road Ahead […]
It is evident there is still a lot of positive momentum affecting all cryptocurrency market. While that momentum can very well evaporate at any given moment, it seems things continue to improve for some altcoins. The EOS price, for example, noted higher gains in the past day compared to the […]
These are rather interesting times for the cryptocurrency markets. As Bitcoin sets the pace for all other currencies, it will be intriguing to see what happens next. The IOTA price continues to soar high after a full day of steep gains. It is well underway to hit $0.75 once again, […]
The recent headlines about Bill Cosby have done nothing to warm public sentiment to the confirmed sex offender and disgraced comedian. According to rumors on tabloid website Radar Online, Cosby bought 750 BTC (~$5 million) in a bid to shield his diminishing fortune from his wife Camille. The article goes […]
At press time, the father of cryptocurrency has broken $7,000, which is about $300 higher than where it stood yesterday afternoon. This means that bitcoin jumped roughly 20 percent over the past two weeks, with gains of approximately $1,200 (the August low was $5,865). One source alleges that bitcoin short […]