Following the crypto market’s recent stability, Bitcoin has now led the markets down and has erased all the gains it incurred this past weekend. Today’s drop has led many altcoins to drop more than 10%, and the markets are showing few signs of finding any major support around their current price levels. It is important…
The latest crypto firm to hold its own AMA (“Ask Me Anything”) session on Reddit is Goldman Sachs-backed Circle. The CEO and other members of the peer-to-peer payments company took questions from the community earlier today. Whilst largely a PR piece for the firm to lament its successes of 2018, some interesting developments at Circle…
For the past several days, Bitcoin bulls have been defending $4,000, which is increasingly becoming a level of support for the cryptocurrency. Despite this, it has not yet built up enough buying pressure to propel its price beyond the low-$4,000 range. Now, one widely used technical indicator is signaling that Bitcoin could be reaching an…
As if the cryptocurrency space wasn’t controversial enough, the emergence of privacy-focused coins such as Monero allow an end user to cloak their identity, making the currency an ideal choice for cyber criminals. In Japan, the Financial Services Agency has banned any exchanges from listing such coins, and privacy coins in general are commonly at…
It goes without saying that the cryptocurrency market downturn of 2018/2019 irked many of this industry’s startups, even those which have established an unquestioned hegemony. An Ethereum Classic development group folded entirely, while Bitmain, ConsenSys, Steemit, Huobi, and ShapeShift most recently were mandated to purge staffers to maintain a sufficient financial runway. Yet, there have been…
Since the Ethereum Constantinople’s activation date was confirmed, a mass of leading crypto researchers, analysts, and commentators have claimed that the pertinent blockchain upgrade is a net positive for this industry. However, a deep-dive, research-backed exposé from an industry insider has gone against popular belief, claiming that Constantinople “couldn’t come at a worse time.” Constantinople…
The days of fomo driven crypto pumps appear to be returning to markets and the current coin of the moment is Tron. Tron Rides The FOMO Train The recent release of the BitTorrent Token whitepaper appears to have driven momentum over the past 48 hours for TRX. During Asian trading today TRX has posted another…
Crypto markets recovering again; NEO on a Roll, Tron and Binance Coin gaining momentum. Another small bounce has taken crypto markets back to Monday’s levels indicating that things are still sideways for the time being. Total market capitalization is back over $135 billion but has failed to go any higher over the past week. Bitcoin…
Although many investors and analysts alike were disappointed that Bitcoin and the overall cryptocurrency markets did not end 2018 on a high note, the markets may be seeing increasingly bullish sentiment from traders and investors alike, according to new data. If Bitcoin’s price does begin climbing as this data suggests, it is important that it…
The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37 of Shapeshift’s employees have been laid off. This represents around one third of the staff at the cryptocurrency startup. More…