Various financial firms maintain active cryptocurrency portfolios these days. Grayscale Investments is one of the more well-known companies in this regard. The company has published its first digital asset investment report, which offers rather interesting insights. Approximately $250 million was raised during the first half of 2018. Grayscale Investments Continues […]
Crypto
IBM Is Testing a New Stablecoin That Will Run on the Stellar Network
Stablecoins are the newest frontier in the crypto industry, and IBM is the latest company that wants to challenge Tether for market share. The computing giant is exploring the possibility of issuing a new stablecoin that will be pegged to the US dollar in a bid to provide an alternative […]
Bitcoin Is Impractical, Blockchain Is Overhyped: Stripe COO
Blockchain-based payment systems will not replace credit cards and other mainstream payment methods, at least not within a decade. This is mainly because they are too slow for day-to-day payments, with a Bitcoin transaction currently taking the better part of an hour. This is according to Claire Hughes Johnson, the […]
Blockchain Arms Race Continues as More Companies File Patents
Barclays Bank is the latest in a long line of companies that have filed blockchain-related patents as they seek to gain an edge on the newest technology frontier. The London-based financial services giant filed the two patents with the U.S. Patent and Trademark Office on July 19, with the first […]
Dash Price: Negative Trend can Spell Future Short-term Losses
Anyone who was hoping for a strong cryptocurrency market recovery over the weekend will be sorely disappointed. Things are not heading in a positive direction, and it seems Bitcoin will drag altcoins with it in the coming hours. The Dash price is losing a lot of value in quick succession […]
Ethereum Price: Small Gains in BTC Ratio Keep USD Value Flat
It was to be expected this weekend would be relatively interesting for all cryptocurrency markets. Even though the momentum is not overly positive, there is no outspoken bearish trend either. With Bitcoin losing a bit of ground, it seems most altcoins are keeping losses to a minimum. The Ethereum price […]
In Murky Digital Content Industry, Blockchain Startups Like Contentos Provide Clarity
The digital content space has a host of problems related to transparency, centralization, and hype, making it difficult for creators to deliver and receive both actual value to users and rightful revenue from platforms that distribute their content. Newly developed blockchain use cases in the industry are emerging to combat […]
Privacy and Access: Meet “Eijah”, the Hacker Behind Promether
Cryptography inspires all types of people to create. One such creator is Eric Anderson, the founder of a decentralized privacy platform called Promether. He and his team are currently building a secure messaging system called Contact to run on top of this platform. Eric, known as “Eijah” in the hacker […]
Billionaire Investors Trash Bitcoin Despite Recent Uptrend
Bitcoin has no intrinsic value, and those who invest in it only do so in the belief that they’ll find a greater fool who’ll buy it at a higher price. This is according to billionaire investor Howard Marks who in a recent interview tore into Bitcoin, stating that it does […]
U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear
Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. US Representative Brad Sherman is getting a lot of heat for his comments, but it seems […]
TRON Price: Massive Decline Continues for no Apparent Reason
Most of the positive cryptocurrency momentum is seemingly coming to an end. Bitcoin barely clings to its recent gains, whereas everything else is turning different shades of red. The TRON price, for example, is losing a lot of value in very quick succession. A rather surprising plot twist, albeit most […]
Winklevoss Twins Donated $100,000 to Andrew Cuomo Prior to Zcash Listing Approval
Politics and cryptocurrency do not mix well, for obvious reasons. There are always some shenanigans taking place when people least expect them. New evidence suggests the Winklevoss twins donated $100,000 to the New York state governor right before Gemini received approval to list the Zcash cryptocurrency. Zcash Listing and the […]
Dash Price: Bullish Momentum Remains While Other Altcoins Bleed
All cryptocurrency markets find themselves at a very interesting crossroads. Although it seems evident the Bitcoin price is going up in value, most of the altcoins do not benefit from this momentum. The Dash price is the only real exception in this regard, thanks to a relatively solid uptrend in […]
Bitcoin Price Watch: Currency at $7,400
At press time, the world’s top cryptocurrency is up to $7,400. This is a massive spike over where it was during the beginning of the week (high $6,000’s). Bitcoin’s price seemingly jumped out of nowhere and within hours. It went from $6,800 to about $7,200 in 30 minutes on Tuesday […]
India’s KoinEx Loop Platform Offers INR Trading Despite Central Bank Ban
The cryptocurrency market situation in India is changing fairly quickly. The country’s Reserve Bank maintains a ban on cryptocurrency trading with the INR, but a new business model is emerging. KoinEx, one of the many platforms in the country, is now launching a LocalBitcoins competitor to continue exposing clients to […]
Canada’s Leading Crypto Fund Keeps Just 9% of Assets in Bitcoin
Cryptocurrency hedge funds have become increasingly popular all over the world. In Canada, the biggest crypto fund goes by the name of Rivemont Crypto Fund. Interestingly enough, its asset allocation heavily favors cash over cryptocurrency at this stage. Canada’s Crypto Fund Needs More Bitcoins One would expect a cryptocurrency hedge […]
Coinfloor Partners With Trading Technologies International on Advanced Tools and Machine Learning Integration
The United Kingdom is a very interesting place when it comes to cryptocurrency activity. Although it’s often overlooked a bit, it is home to many large exchanges. Coinfloor is one of those companies which is active in the cryptocurrency markets. The firm recently partnered with Trading Technologies International to introduce […]
OKCoin’s US Expansion Highlights Steep Regulatory Requirements
The United States is a powerhouse when it comes to finance. As such, most of the world’s cryptocurrency exchanges are either based in or provide services to the US market. For OKCoin, its expansion to the US is slowly coming together, albeit in a very limited fashion. OKCoin Lands in […]