Although 2019 has dawned, the crypto “nuclear winter” of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent. Related Reading: Legendary Venture Capitalist:…
Following the cryptocurrency market’s recent plunge that sent Bitcoin and most altcoins down 10% or more, the markets have been able to find some levels of stability around their current price levels and are currently trading down slightly. One analyst now claims that Bitcoin must finish the weekend above $3,700 in order for it to…
Crypto markets take a breath after recent dump; Bitcoin Cash and SV recovering, Tron dumping recent gains. Crypto markets are still battered and bruised as we enter the weekend. There has been no sign of a recovery following the $16 billion rout over the past day or two. Total market cap is still a touch…
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today. Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders…
While over-the-counter (OTC) and dark pool trading is a lesser-known branch of the crypto tree, this subsector has quickly become a hot topic for institutions with a growing penchant for Bitcoin. Recent data from a leading crypto-centric OTC desk has only corroborated this fact, making it apparent that capital enters cryptocurrencies via mediums other than spot…
The crypto markets are trading relatively flat after an incredibly volatile trading session yesterday, where many altcoins dropped 10% or more as Bitcoin failed to stabilize above the $4,000 price region. It now appears that the crypto markets are forming fresh trading ranges, and analysts agree that further losses could be right around the corner.…
In a report by the Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC), the cryptocurrency space has been named as a priority. The body states that the industry may pose high levels of risk to retail investors. The OCIE oversees thousands of investment advisers, mutual funds and ETFs,…
The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question. Escobar Inc. plans to launch an initial coin offering (ICO) for…
Institutional this, institutional that — the narrative that Wall Streeters are going to pick Bitcoin off its feet has become a rallying cry for many of crypto’s most fervent optimists. However, a damning report claims that the unrelenting push for institutional participation from Coinbase has begun to relent, albeit only slightly. Related Reading: Wall Street Still…
It’s no secret that Bitcoin (BTC) is susceptible to ad hominem attacks from those who want to see it fail. Case in point, over the asset’s history — relatively minuscule in the grand scheme of things — has been lambasted time and time again by mainstream media, traditionalistic CEOs and regulators, and zealous cynics. And…