Markets Update: Bitcoin Price Continues to Feel Bearish Sentiment

Markets Update: Bitcoin Price Continues to Feel Bearish SentimentThe price of bitcoin (BTC) has been suffering from a bearish decline since it reached $19,600 USD across global markets and had touched a low of $15,299 on December 21. Over the past two days, most of the other alternative digital asset markets were stable or made some significant gains. However, now that BTC markets […]

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XRP Price Surpasses $1 for the First Time in History

TheMerkle XRP Price SurgeAlthough the opinions on Ripple and their XRP asset may still be somewhat divided right now, it is evident this particular project is doing something right. Over the past few weeks, we have seen the XRP price rise to $0.70 and last night to more than $1. No one expects to see the XRP price hit such highs this year, but it is evident no project should be ignored in the world of cryptocurrency and digital assets. XRP Price is Setting new Records As the year 2017 is almost coming to a close, we will see some more fireworks in

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Investors Call Foul Play as Coinbase Parries Insider Trading Accusations

Investors Call Foul Play as Coinbase Parries Insider Trading AccusationsThe operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon […]

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EOS Raises $700 Million Despite Token Affording No “Rights, Uses, Purpose, or Features”

EOS Raises $700 Million Despite Tokens Affording No "Rights, Uses, Purpose, Attributes, Functionalities or Features" to InvestorsBlock.one’s EOS ICO has raised approximately $700 million USD, despite EOS’ FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018. Also Read: Centra ICO Faces Class Action Lawsuit, Accused of Violating US […]

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Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin

Litecoin Creator Charlie Lee Reveals He Sold All His LitecoinLitecoin creator Charlie Lee has revealed on social media that he sold and donated all his LTC holdings over the past few days. The announcement was meant to show he no longer has a conflict of interest in promoting the altcoin but the timing has sparked some backlash against Lee. Also Read: Thomson Reuters Adds […]

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Bitcoin Price Drops by 3% and Everybody Panics for no Reason

TheMerkle Bitcoin price DropAlthough the year 2017 has been pretty positive for the Bitcoin price in general, all positive momentum will come to an end eventually. In this particular case, the Bitcoin price is dropping pretty hard all of a sudden. There’s no real reason for this sudden change, mind you, but it is evident people are cashing out with the Christmas holidays almost upon us. No one knows for sure how bad things will get, but for now, it’s time to diversify into altcoins. Bitcoin Price Gets a Decent Shake-up It is always important to put things into their proper perspective. Any

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Centra ICO Faces Class Action Lawsuit, Accused of Violating US Securities Laws

Centra ICO Faces Class Action Lawsuit, Accused of Violating US Securities LawsCentra, an initial coin offering (ICO) noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit. The ICO is accused of violating securities laws by misrepresenting the cryptocurrency as comprising a utility-based token. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore The Suit Has Been […]

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21 Coins Have $1B+ Market Caps

TheMerkle Cryptocurrencies market CapAlthough it has been said multiple times now, 2017 is definitely the year of crypto in many ways. We have seen many existing coins rise to astronomical heights, and it is evident all other tokens and currencies are thriving as well. In fact, we now have 21 different currencies and tokens with market capitalizations of over US$1 billion. Not too long ago, there were less than ten coins which could claim that. Now is a good time to reflect on how things have evolved this year. The Elite Cryptocurrency Club A lot of things have changed in the world of cryptocurrency over the past

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Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Trading Bitcoin for an Altcoin Won't Shield You From the IRS AnymoreAny American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to […]

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Kik Ditches Ethereum “The Dial-Up” Cryptocurrency

Kik Ditches Ethereum "The Dial-Up" CryptocurrencyEthereum is often promoted as the ultimate solution for decentralized apps, with some even claiming that it will be the substrate for developing all software in the future. This grand vision is in conflict with current reality however where ethereum now can’t even hold onto one of its biggest mainstream adopters, Kik. Also Read: Israeli […]

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