Cryptocurrencies are of great appeal to a lot of consumers and corporations. In particular, firms in the financial sector want to enter this market sooner rather than later. Northern Trust, a famous financial services giant, is looking to expand its blockchain and cryptocurrency presence. Northern Trust Makes a Strategic Move […]
Crypto
Bitcoin Price Watch: Currency Stays Put as Analysts Consider the Future
At press time, the father of cryptocurrency is digging its heels into the ground and staying right where it is. In other words, the currency fell to $7,500 yesterday, and is remaining in this position. It’s not spiking any further, but it’s not dropping either, and we must take every […]
Steam Removes Video Game Over Cryptojacking Allegations
Malicious cryptocurrency mining tools have made an impact on the software industry. Ranging from malicious browser plugins to modified software executables and now fake video games, this threat is not going away anytime soon. Steam recently pulled one of the games on its platform over cryptojacking complaints and in-game asset […]
Hybrid Blockchain Platform Dragonchain Is Now Accessible to Developers
Ever since Disney got involved in the blockchain industry, people have been wondering what its first project would look like. Known as Dragonchain, this venture has been in development for quite some time now. Earlier this week, the official launch of this blockchain ecosystem was announced. It will be a […]
OKEx Faces a Major Long Position Liquidation Problem
There’s never a boring day in the world of Bitcoin and cryptocurrency. Some new form of drama seems to unfold at every possible turn. A new discussion on Reddit focuses on a major long position which was liquidated on the OKEx platform. It seems unlikely this open loss will be […]
As inflation goes stratospheric, Venezuelans take to the crypto markets
It is a commonly (but not universally) known fact that the ultimate supply of Bitcoin is capped at 21 million. Unfortunately the same cannot be said for the Venezuelan Bolivar, which is going through a period of currency debasement every bit as bad as the events in Weimar Germany which […]
Cardano Price: Bearish Pressure Triggers Slippery Slope
Any indication of positive momentum maturing across the cryptocurrency markets will seemingly not happen anytime soon. With the Bitcoin price still in the red, altcoins will not see much of an uptrend today. The Cardano price is a good example, as it continues to lose value at a very quick […]
EOS Price: Momentum Looks Bearish but may Turn Around Soon
Cryptocurrency markets are always interesting creatures. Their movements often make little to no sense, even though there are some general patterns which become apparent more often than not. It appears there may be some positive momentum later today, even though the EOS price is still struggling a bit as of right […]
Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm […]
Novogratz Expresses Confidence in Cryptos as His Crypto Bank Nears Listing
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. And now, after patiently waiting for months, his crypto merchant […]
The SEC’s Recently Appointed Crypto Chief Wants to Finally Bring Order and Cooperation
The Securities and Exchange Commission has been grappling with the crypto industry as it strives to formulate rules for an industry that evolves faster than any other. While it’s yet to come up with a comprehensive set of rules, the commission is taking steps in that direction, and it’s appointed […]
MyWish Seeks to Become First Provider of EOS Smart Contracts
With a market cap of just under US$7 billion, EOS is the fifth-largest cryptocurrency by valuation. Despite its massive valuation, its recent mainnet launch has been riddled with failures and shortcomings. However, it may soon see a boost in legitimacy thanks to the capabilities set to be provided through the MyWish […]
Bitcoin Price Watch: Currency Drops Another $200
At press time, the father of cryptocurrency has fallen by another $200, and is trading for roughly $7,650. Most analysts believe that bitcoin’s alleged recovery is at an end for the time being, as the currency has dropped by nearly $700 since the weekend. Prior, bitcoin had been trading for […]
McDonald’s MacCoin Is Not a Cryptocurrency
There is a lot of confusion as to what exactly McDonald’s is really doing with its MacCoin. A fair few people seem to think the company is entering the world of cryptocurrency, even though this is clearly more of a voucher system. Every MacCoin can be redeemed for a Big […]
More Bittrex Users Gain Access to USD Trading
Cryptocurrency exchanges need to continue to grow and add support for additional currencies. Bittrex made it clear that it would introduce USD trading for regular clients very soon. Although a few users can access this service already, it appears more users will be given access to this service in the very […]
Huobi Mulls Offering INR-Based Peer-to-Peer Trading in India
The current cryptocurrency situation in India doesn’t look promising. With the RBI officially banning all fiat currency-based transactions pertaining to Bitcoin and altcoins, a worrisome situation was created. Huobi is looking to enter this market through a new peer-to-peer trading venture. It’s a very interesting decision, and one that bypasses […]
Stellar Price: Small Uptrend Hints at Crypto Market Recovery
It remains to be seen how all cryptocurrency markets will evolve in the coming hours and days. It would almost seem as if the Bitcoin price is on the verge of making a small comeback. This is great news for all of the altcoins which suffer from ongoing losses. Follow […]
XRP Price: Sudden Positive Momentum Takes Speculators by Surprise
Even though the current cryptocurrency momentum looks anything but promising, there are always some exceptions to take to look into. The XRP price is gaining a lot of value in fairly quick succession right now, whereas Bitcoin is losing a lot of ground in quick succession. Another remarkable turnaround is […]