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At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted by VanEck. Up to that … Read more
SALT, one of the earliest cryptocurrency-backed lending providers in the space, announced this week it was expanding into 20 more states in the US, bringing its total market penetration to 35, including Washington DC, across America. And while that number is impressive on its own, SALT accomplished this during an extended bear market. Also read: … Read more
Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law. The state joins Vermont and Arizona, two states that have already passed laws that recognize blockchain-based transactions. Also read: Philippines Building Crypto … Read more
There’s been a storm brewing all year on social media and this week it hit with a vengeance. Wave after wave of protest has lashed the ocean liners Twitter, Youtube, Apple, and Facebook after controversial passengers were forcibly ejected for speaking out of turn. As the censorship cyclone has intensified, cryptocurrency users have begun fleeing … Read more
The uneasy market momentum maintains its grip on the cryptocurrency industry. None of the top currencies are looking great as of right now. It would appear the Ethereum Classic price is taking the brunt of the assault, which is entirely expected after its recent pump out of nowhere. Ethereum Classic Price Returns to Normal During … Read more
The current momentum across all cryptocurrency markets does not instill any degree of confidence. All markets are still in the red, primarily because of the Bitcoin price suffering from a major setback in the past 48 hours. Although the momentum seems to improve, the going remains tough for nearly all altcoins. The EOS price is … Read more
This week, researchers uncovered empirical data confirming what most in the crypto Twittersphere already know – the space if flooded with scam bots: 15,000 of them to be exact, according to Duo Security. Also read: Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup Researchers Find 15K Twitter Crypto Scam Giveaway … Read more
This past February news.Bitcoin.com reported on the firm Coingeek announcing funding the Electron Cash programming team. Since then, the bitcoin cash (BCH) centric wallet Electron Cash has seen a bunch of development with Coinshuffle integration, and a new iOS version of the wallet. Now another version of the Electron Cash wallet has launched which can … Read more
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most positive developments in the industry’s … Read more
A new trend is becoming more apparent in the world of cryptocurrency and blockchain technology. Although initial coin offerings are still the go-to method of raising additional funding, it seems Initial Asset Offerings are also worth keeping an eye on. These projects are slightly different, as they primarily fund products and services. The IAO Concept … Read more