The crypto market is having arguably the most positive month in its nine-year history. Yet, the price of major cryptocurrencies like Bitcoin and Ethereum have struggled to reflect optimistic developments in the industry. 13 days into September and the crypto market has seen Gemini introduce the market’s first fully audited and licensed stablecoin, EU commission…
ShapeShift, a leading startup in the crypto and blockchain industry, has continued its drastic product overhaul, recently revealing that it was dropping a lesser-known feature from its extensive lineup of products, services, and applications. Prism Is Shutting Down On Tuesday, ShapeShift, a Switzerland-based crypto infrastructure firm, revealed that it would be discontinuing Prism come the second…
BlackRock, the world’s leading provider of Exchange Traded Funds (ETFs), have been investigating the disruptive implications of blockchain and cryptocurrency since July, when they set up a working group to assess the technology, sparking rumours that they were establishing a bitcoin ETF. Although this was dismissed by CEO Larry Fink, who stated that his clients…
As Bitcoin ranges in the $6,000-7,000 range and regains its market dominance, many altcoins are being pushed to their year-to-date lows which is resulting in an overwhelmingly bearish market sentiment. Due to the negative market sentiment, mainstream media outlets have been quick to liken the 2018 crypto crash to the dot-com bubble burst in 2000.…