Crypto markets are down across the board, and that’s nothing new. But what’s behind Ethereum losing 44 percent of its value in just two weeks? From August 1 to August 14, crypto’s number two went from $470 to $260. That’s its lowest level since November 2017. It was trading at […]
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Cryptos Have Had Six Big Bubbles, With Each Creating More Value: Ethereum Co-Founder
The crypto industry has experienced six big bubbles to date, with each being ‘more epic’ than the previous one. Each of these bubbles has brought more interest from developers and investors. This is according to Ethereum co-founder Joseph Lubin, who is also the founder of ConsenSys. In a recent interview, […]
Weekly Blockchain Industry Report-17th Issue: Bitcoin ETF
(August 4th –August 10th, 2018) This week, the crypto market continued the bear trend. Major cryptocurrencies suffered price delince more than 10%. Among which, XRP got hammered and experienced greates loss of 26.2%. Apart from emotional factors, the major reason for this hit is the news that SEC rejected the […]
Bitcoin Price Watch: Currency Stuck in a “Financial Trance”
At press time, everyone’s favorite cryptocurrency and the world’s largest digital coin by market cap is trading for just under $6,400. While this is slightly higher than where it stood yesterday, bitcoin is still within the same range, and stubbornly refusing to move. While we can be grateful the currency […]
Blockchain Patents Will Shape Innovation – and That’s a Little Bit Scary
There were 1,240 blockchain patents filed last year. That’s not normal. The number of blockchain patent applications, in fact, has grown over 600 percent since 2016. This year, retailing giant Wal-Mart secured blockchain patents for crypto household energy payments, wearable medical records, and a security system. They also filed patents […]
Chilean Crypto Firms Continue to Snub Banks’ Hostile Attitude Toward Bitcoin
Boosting overall merchant adoption of cryptocurrencies is always a good idea. It appears Bitcoin is making a lot of inroads in countries where people would least expect it. Chile, for example, will see an influx of new cryptocurrency merchant tools in the coming weeks. Big Changes Are Coming to Chile […]
Number of ICOs Grew 1.5 Times, Money Raised Decreased 12% in Q2: Report
The number of ICOs launched in the second quarter of the year grew by 49 percent, a new report states. The amount of money raised, however, indicated that investors were less excited at the prospect of investing in ICOs, as it fell by 12 percent. Finance and commerce ICO projects […]
4 ETF Drawbacks Potentially Hindering Future Bitcoin Growth
A lot of industry experts have high hopes for Bitcoin ETFs. These investment vehicles are primarily designed to attract more institutional investors, assuming such a vehicle ever gets approved. At the same time, there are several downsides to ETFs which could hinder the long-term growth of the Bitcoin industry. 4. […]
Bitcoin Cash Price: Massive Panic Selling Intensifies
The current cryptocurrency market momentum doesn’t look all that promising. There have been numerous setbacks over the past 24 hours, mainly because of the SEC deciding to delay another Bitcoin ETF verdict. For the Bitcoin Cash price, it has triggered a massive value decline, as the current seems to be […]
Is Margin Trading Beneficial for Bitcoin and Altcoins?
Margin trading has become increasingly popular in the world of Bitcoin and altcoins. Speculators and investors can be exposed to volatile cryptocurrencies without buying them directly or owning them at any point. Nevertheless, one has to wonder whether margin trading is a blessing or a curse for cryptocurrency. So far, […]
South Korea’s Largest Bitcoin Exchange Passes Government Audit With Flying Colors
South Korea’s cryptocurrency situation is slowly becoming a lot more clear. Despite initial concerns regarding the Upbit exchange’s investigation, the company successfully passed an audit by local financial authorities. There is no proof of any wrongdoings, and Upbit was not involved in any trading manipulation. Upbit Receives the Green Light […]
Bitcoin’s Use in Commerce Falls by a Worrying 85%
Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground […]
Equity Trust Launches Digital Asset Platform For Cryptocurrency IRA Investors
Platform Offers Quick Order Settlement, Integrated Storage, Low Fees – Plus, Investors Could Reap Tax Advantages CLEVELAND, OH — August 4, 2018 — Equity Trust Company announced today the launch of their digital asset platform. Through myEQUITY, Equity’s account management system, clients can invest in digital currencies within an IRA. […]
Cred Makes Cryptocurrency Investing Easy in Four US States
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 […]
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 […]
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 […]