Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed hybrid blockchain platform, suffered a maximum 93.9 percent loss by Q3 2018. A high marketing pitch, which projected Qtum as the best of both blockchain and mainstream worlds, allowed the project to establish an all-time high token value…
During a U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing earlier today, senators and crypto industry experts commented on the industry at large. As you might expect from a hearing on such potentially disruptive technologies, a variety of different views were expressed, both positive and negative. Senate Banking Committee Hears of Innovative Potential,…
London-based cloud mining firm Argo has announced that it will allow its users to mine Bitcoin using its rapidly growing platform. The number one digital currency by market capitalisation will be included next to a host of other popular cryptos from early next month. Argo to Include Bitcoin as Part of Its “Mining as a Software”…
American economist and chairman of economic consultancy firm Roubini Macro Associates LLC, Nouriel Roubini, is keeping his earned nickname of “Dr. Doom” intact, providing an incredibly bearish report on cryptocurrencies and Bitcoin in front of the U.S. Senate today. Cryptocurrency is the “Mother of All Scams and Bubbles” Dr. Nouriel Roubini, who has earned the…
In spite of depressed prices and an absence of liquidity and volume in the crypto market, stablecoins, cryptocurrencies tied to the value of a non-volatile asset, have become the flavor of the month. OKCoin Founder Star Xu Announces Chinese Yuan-Backed Crypto OKGroup founder Star Xu, who was reportedly the subject of a Shanghai Municipal Police…
Markets are bleeding again; XRP, Bitcoin Cash, and Tron dropping double digits. A movement in the markets has been long overdue and it came today as the crypto bears dumped $15 billion. Cryptocurrency markets have plummeted over the past couple of hours to drop precipitously close to $200 billion and their yearly lows. Bitcoin played…
In an extensive paper dedicated to the future of cryptocurrencies, Juniper Research Ltd. present a bleak view of the market over the coming months and years. The financial analysis group states that the entire Bitcoin and digital asset space appears to be heading towards an “implosion”. Juniper’s Report Analyses Cryptos Over the Next Five Years During…
Markets immovable again today; Maker and Populous looking positive. There has been a little upward movement on crypto markets this morning but nothing significant. Total market capitalization has inched above $220 billion but things are still very lethargic in crypto land. Bitcoin has moved above $6,600 but has made less than a percent gain on…
The city of Dubai has plans to launch its own digital currency. Emcash will be rolled out in the coming years and is being made possible by a state-backed firm called emcredit. Emcash to be Launched Later This Year, Pending Full Approval Those living in Dubai will soon be able to make payments for a…
Markets still sluggish on Saturday; Bitcoin Gold and Maker moving. Saturday is looking just as dull as Friday in crypto land. Markets have yet to make a move and everything is still static. When this has happened previously a big dump usually occurs as the bulls are getting nowhere. Total market capitalization is still just…