Apri has been a stellar month for the crypto industry. Having begun the month at just above $4,000, bitcoin quickly fought to hit the $5,000 mark again. The rapid gains on the second day of the month came as a surprise to many. However, the currency has held on strongly to […]
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Top Three Implications Mass Adoption does not Guarantee
Development into and adoption of blockchain technology is growing, and this trend has no signs of stopping. In spite of last year’s price action, more and more institutions and major players are dipping their toes into cryptocurrency. Riddled between criticism and skepticism of the cryptocurrency space, recent news points to […]
XRP Price Under Pressure Again
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex XRP is going down and trading at $0.3139 on March 12. On H1, the price is still forming a consolidation triangle as a part of an ascending channel after the long term resistance breakout. The consolidation is lasting long, which means the momentum […]
Bitcoin Price Watch: Currency Enters Week on a Bearish Note
At press time, the father of cryptocurrency has entered a two-week low and is now trading for just over $3,700. While this price is still higher than anything we may have experienced in late 2018 or even in January of 2019, enthusiasts have gotten used to hanging around the $3,800, […]
Bitcoin Price Watch: Currency Spikes to Its Highest Point in Weeks
At press time, the father of cryptocurrency is trading for just under $3,900. The asset has spiked by a few hundred dollars over the past week, and enthusiasts are looking at the future through a hopeful lens, though many are still waiting for bitcoin overcome that $4,000 resistance level. Many […]
Bitcoin Price Surges To $3,775 For First Time In A Month As The Market Regains $7 Billion
Bitcoin has registered a 4.1 percent growth in the past 24 hours to trade at $3.775 at press time. The surge comes after a rather slow and uneventful week. In the past week, bitcoin’s price was unable to break away from the $3,660 level achieved on February 8. However, since hitting […]
From Tom Lee to John McAfee, Bitcoin Predictions Haven’t Aged Well
They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who […]
Bitcoin Price Watch: Are Institutional Players Losing Interest?
At press time, the father of cryptocurrency is trading for just under $4,000, marking little to no change since our last price piece. We’re in the final days of the month, and while December has often brought a sense of magic and stamina to bitcoin we rarely witness throughout the […]
Renowned Investor Tom Lee Optimistic on Blockchain, Particularly for Finance and Gaming
Tom Lee is the co-founder and managing partner at Fundstrat Global Advisors. A highly successful research analyst, he often appears on CNBC as an expert on cryptocurrency. Prior to Fundstrat, Lee served as Chief Equity Strategist at JP Morgan. Lee has been ranked #1, #2, or #3 in Institutional Investor magazine’s analyst […]
IBM, Capital One and Coinbase Are the Latest to File Blockchain Patents
The blockchain arms race has continued to gather pace as titans in the finance and technology industries strive to stay ahead of their competition by developing cutting-edge blockchain solutions. The latest companies to apply for blockchain patents are technology powerhouse IBM; the leading US crypto exchange, Coinbase; and financial services […]
Crypto Trading Revenue to Double in 2018 Despite Bearish Market, Analysts Predict
Crypto prices have risen to dizzying heights and then gone through bearish times over the years. Traders have made millions of dollars and others have lost just as much. Some institutions have hailed cryptos as the next big thing while others have banished them, terming them bubbles and scams. However, […]
Goldman Sachs and Nyca Partners Lead $32 Million Series B in Axoni
Goldman Sachs and Nyca Partners are among the investors in enterprise blockchain technology startup Axoni. The startup raised $32 million in a Series B funding round, bringing the total funding raised to $55 million. Making the announcement via a press release, Axoni stated that it would use the funds raised […]
Ripple’s Q2 Market Report Shows Positive Outlook Despite Overall Market Slump
In line with its transparency policy, Ripple has released its Q2 XRP markets report in which it accounted for its activities over the past three months. According to the report, it was the company’s most successful quarter yet in terms of clients signed, but the price of XRP still remained […]
Armstrong, Vitalik and Wu Lead a Crypto Sweep of Fortune’s 40 Under 40
Fortune’s ranking of top individuals and entities globally is always awaited eagerly as the world seeks to know who the top influencers and innovators in the world are. And now for the first time ever, the publication created a list of the top 40 under 40 individuals who are leading […]
Google Partners with Digital Asset in Race for Cloud Services Domination
Google has inked a partnership with Digital Asset to explore the use of the startup’s blockchain tools on the Google Cloud Platform. The partnership will give Google’s developers access to tools with which they will develop and test blockchain-based applications without the need for additional infrastructure. Google’s cloud services division […]
Top 5 Industries Already Affected by Cryptocurrency
A major argument in favor of blockchain technology is the role it will play in disrupting and revolutionizing major industries worldwide, as cryptocurrencies can be used to facilitate transactions and communications in new and empowering ways. While the possibilities of tomorrow are exciting, the utilization of this emerging tech on […]
What Is CyberVein Cryptocurrency?
Currently hovering at #141 on CoinMarketCap, CyberVein is a decentralized database network that’s built on the DAG. Before you start to yawn at the prospect of yet another blockchain startup evolving around data, the CyberVein team has a lot of powerful new tech to offer and a very clear premise. […]
Banks Continue Expressing Support for Blockchains
Long-term investment in blockchain technology is an opportunity for the banking industry to reduce costs and become more efficient. This is according to Sergio Ermotti, the CEO of UBS Bank. In an interview with CNBC, he stated that the bank would continue to invest in blockchain tech in order to […]