Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On […]
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Bitcoin Price Watch: Currency Continues to Suffer Substantial Losses
At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week. Overall, things are not looking great for bitcoin. […]
eToro Analyst Deems Litecoin to Be “Vastly Undervalued”
There is a lot more to cryptocurrency than just Bitcoin and Ethereum. Various altcoins are well worth keeping an eye on, although opinions are divided on which currencies are actually useful. For eToro, Litecoin is definitely worth keeping an eye on, as it is allegedly “vastly undervalued” at its current […]
ICO Capital Raised in July Was Lowest Since June 2017
Initial coin offerings have been an interesting addition to the world of cryptocurrency. Although not everyone sees merit in this particular business, there are a lot of companies still raising millions of dollars without a working product. July 2018 wasn’t the best month for the industry, as the total capital […]
Weekly Blockchain Industry Report (15th Issue)
OK Blockchain Capital, Quqi Deng Market Overview The past week’s daily average global market capitalization of cryptocurrency was $290.49 billion and the daily average transaction volume was $15.17 billion, indicating an incline of 8.26% and an incline of 8.26% respectively. The daily average market capitalization of the top five cryptocurrencies increased […]
What Is Liberalcoins?
Buying and selling cryptocurrencies can be done in many different ways. A lot of consumers rely on centralized exchanges and trading platforms. Liberalcoins takes a different approach, as it focuses on peer-to-peer trading. It is also the first P2P trading platform supporting Zcash, which is rather interesting. The Liberalcoins Concept […]
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 […]
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 […]
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 […]
What Is War of Crypto?
The blockchain industry is attracting a lot of attention from developers. Especially when it comes to games and digital collectibles, the industry is growing fairly quickly. War of Crypto is another blockchain game which will put a positive spin on digital collectibles. Whether or not it can compete with existing […]
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 […]
What Is BTCP Pay?
The launch of Bitcoin Private has not generated the big buzz some speculators had hoped for. In fact, most people had almost forgotten about it until recently. That is all coming to change thanks to the BTCP Pay platform, which will bring Bitcoin Private to online retailers across the globe. BTCP […]
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 […]