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In the cryptocurrency world, there is hardly ever any positive price momentum over the weekend. It seems this weekend may prove to offer something different, as the EOS price has risen by 3.93% already. This makes it one of the bigger “gainers” over the past 24 hours, and seemingly spells more positive momentum may be … Read more
Leading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $30 billion onto the market, shedding about half their collective positions just in … Read more
Venezuela’s native cryptocurrency hasn’t gotten off to a good start. Although there was a lot of initial excitement regarding the Petro, it seems the introduction of this currency to the masses is not going according to plan. In fact, it is still not part of the secondary market, which raises a lot of (valid) concerns. … Read more
The world of cryptocurrency is always evolving. Even though some developments seemingly take a lot longer than people would like, that is the nature of this business. The EOS project, for example, is still awaiting the launch of its mainnet. While that is somewhat worrisome, it seems there is a more than valid reason for … Read more
Just recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro … Read more
Coinbase is one of the most remarkable companies in the cryptocurrency industry. It is evident the company will continue to have a positive impact on this space for quite some time to come. Its latest venture involves operating as a regulated and licensed broker-dealer. Another Major Coinbase Development While some people love Coinbase and others hate … Read more
At press time, bitcoin is trading for just over 7,600. This is a near $60 drop since reaching yesterday’s high of $7,700. Though small, the currency has ultimately failed to defend this new line, leading analysts to wonder if $8,000 is no longer doable in the short-term. One source suggests that a triangle pattern is … Read more
This week, the decentralized cryptocurrency Bitcoin Cash has seen some market gains and there’s also been a slew of new announcements and development over the past couple of weeks. Currently, the price per BCH is around $1,120 after dropping below the $1K range the week prior. Moreover, since the fork this past May the BCH-ecosystem … Read more
Regulatory developments involving cryptocurrencies are always worth keeping an eye on. In Indonesia, there has been a lot of confusion regarding the future of Bitcoin and similar currencies. The Trade Ministry’s Futures Exchange Supervisory Board has finally rendered a verdict in this regard. Cryptocurrencies are commodities, regardless of what the country’s central bank may think. … Read more
The initial coin offering industry has been well received by a lot of people. Regulators and major investors, on the other hand, remain concerned that it is a bubble waiting to burst. Binance’s Ella Zhang, who heads the company’s venture fund, is hopeful that the bubble will burst sooner rather than later. Ending the ICO … Read more