Cryptocurrency News
At press time, the father of cryptocurrencies is hovering just over $6,000, marking a $200 drop from yesterday’s main trading position. The currency has been very up-and-down over the past few days, falling to $6,100, then spiking to $6,300 before incurring its present losses. It is unclear when – or […]
The blockchain industry has been attracting the best minds from some of the most renowned institutions in the world. Whether to launch their own startups or join the boards of existing ones, these high-ranking executives have left their lucrative posts with the firm conviction that blockchain technology is the future. […]
Mike Novogratz, a billionaire investor who formerly managed Fortress Investment Group and Goldman Sachs, is said to be investing hundreds of millions of dollars in emerging Bitcoin and crypto startups. Chasing Big Money This week, Business Insider reported that an insider within Mike Novogratz’s cryptocurrency company and investment firm Galaxy […]
Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto […]
Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin […]
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin […]
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post […]
Hands up, who still stores their cryptocurrency on Coinbase, Bitfinex, Blockchain, or another website? A slap on the wrist for you, unless you’re keeping a small amount online that allows you to make transactions quickly. For most Bitcoin and altcoin HODLers, keeping your crypto stash constantly connected is an accident […]
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
At press time, the father of cryptocurrencies has not moved and remains at $6,700, which is where it has been for several days, now. This is both good and bad in a sense. On one hand, bitcoin refusing to grow in price or get any larger is never a good […]
There are a lot of interesting developments in the world of cryptocurrency. Crypto Exchange Ranks is a rather unusual venture, although it could prove rather valuable in the long run. Assessing the vulnerability and liquidity of exchanges is direly needed at this point in time. CER in a Nutshell On […]
Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a […]
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first […]
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is […]
Highlighting the role of cryptocurrency in the crime world is not exactly difficult. There have been so many allegations regarding the involvement of digital currencies where criminal activity is concerned. Tax evasion is of particular concern to government officials. The bigger question is whether people are doing this intentionally or […]
At press time, nothing has changed regarding the bitcoin price. The father of cryptocurrencies is sitting at $6,700 – a price it has held for roughly 24 hours, and recovery doesn’t appear imminent anytime soon. The mega-drop that hit the asset during yesterday’s morning hours stem from two likely sources. […]
Huobi is set to launch a new digital currency marketplace in the US by partnering exclusively with HBUS. As reported by Finance Magnates on June 8, the Singapore-based exchange will seek to leverage its easy-to-use interface to compete with Coinbase and other leading US exchanges. In recent days, Huobi has […]