Investing in cryptocurrencies is still a very daunting task for most consumers. There is no really convenient way to do so without encountering friction. Cred aims to make a name for itself in this regard, as it is designed to let people create a cryptocurrency portfolio by tapping into 13 […]
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IOTA Price: Surprising Uptrend Targets $1 Resistance
The cryptocurrency industry is very volatile and strange at certain times. Price changes tend to occur when people least expect it, albeit that is part of what makes the industry so appealing to investors and speculators. In the case of the IOTA price, things are finally looking up after a […]
GeyserCoin Price: Massive 70% Pump Prior to the Next Dump
Despite an overall bearish momentum affecting all cryptocurrency markets, some currencies still note surprising gains. Most of the gains are associated with currencies which have a small market cap, as those values are easier to manipulate. The GeyserCoin is a very interesting example in this regard, as it fluctuates fairly […]
Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
Coinbase Appoints its First-Ever Chief Compliance Officer
Coinbase announced the appointment of its first-ever chief compliance officer on July 31. The new member of the ever-expanding Coinbase team, Jeff Horowitz, joins the crypto exchange after spending decades in regulatory and compliance roles at some of the most renowned companies in the US. His appointment comes at a time […]
Telecom Blockchain Projects Are Setting up for Future Success
For those of you who have ever had your phone hacked and know the frustration and anger that goes along with finding out that someone has taken something that belongs to you, this story might resonate with you. There are some compelling ideas around the blockchain for the telecom industry […]
Australia Turns to Blockchain for Traceability in the Sugar Industry
The Australian government will provide a AUD$2.25 million grant to an initiative that seeks to use blockchain technology to develop transparency in the sugar industry. Known as the Sustainable Sugar Project, it will be used to prove the origins of the sugarcane used and the sustainability of farms. This will […]
Northern Trust Enters the Cryptocurrency Industry
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 […]
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 […]