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The positive momentum affecting all cryptocurrencies may be coming to an end fairly soon. For the first time in a few days, the Bitcoin price is effectively struggling to remain in the green. This doesn’t bode too well for the altcoins, as some of them are dealing with losses already. One clear exception if the … Read more
The overall excitement continues to affect all major cryptocurrency markets. That in itself is a very positive development, as it shows there is still a lot of positive momentum waiting to happen. The Stellar price, for example, is still surging and has successfully passed the $0.31 mark over the past few hours. Stellar Price Remains … Read more
China’s Center for Information Industry Development has released its third ranking of crypto projects. Out of 31 projects, EOS remains at the top of the list while both Bitcoin and Bitcoin Cash have improved slightly from the previous month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Third Ranking The Center for Information Industry … Read more
Bitwise Asset Management has announced its plan to launch “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).” A registration statement has been filed with the U.S. Securities and Exchange Commission. The fund will track the returns of the company’s Hold 10 Index which aims to capture 80% of the total market capitalization of the cryptocurrency … Read more
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the twenty-fourth installment of my challenge. While we should be a bit further along in the challenge, the … Read more
First sparked by CryptoKitties, the Ethereum community has taken a liking to a motley crew of decentralized applications (DApps) built on the network. Recently, the network has seen huge volume spikes due to an unlikely niche: Ponzi DApps. At the time of writing, Fomo3D and PoWH3D were leading 24-hour DApp activity by a massive margin, with approximately … Read more
The Swiss Financial Market Supervisory Authority (FINMA) has met with representatives of the country’s banking sector in the hopes of stemming a nascent exodus among cryptocurrency companies from Switzerland. The companies’ departures have been attributed to two Swiss banks’ decisions to no longer provide financial services to businesses dealing with virtual currencies. Also Read: India Exchange … Read more
The trial and conviction of Ross Ulbricht for his administration of the Silk Road darknet market represented a landmark event in cryptocurrency. For many, the investigation and sentencing were a contradiction to the commonly held belief that cryptocurrency and activities involving cryptocurrency could not be regulated by the government. For others, the injustices and illegalities … Read more
Cryptocurrency exchanges are often considered to be the backbone of this budding ecosystem. These platforms provide convenience when it comes to accessing Bitcoin and altcoins. Every now and then, certain cryptocurrency exchanges exhibit very odd behavior, and WEX is among them. The WEX Exchange Is Behaving Oddly Cryptocurrency exchanges often temporarily display incorrect prices. Such … Read more
South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost. The country’s Financial Services Commission has announced a dedicated department for blockchain policymaking which will be introduced in the coming weeks. Another Big … Read more