At long last, it seems that the long-awaited institutional herd is finally arriving on the crypto industry’s doorsteps. Case in point, a Wall Street powerhouse has launched its Bitcoin-focused division amid institutional clamoring for cryptocurrencies and related innovations. But there’s still a ways to go in this subsector. Fidelity Soft Launches Crypto Division As we…
Cardano founder Charles Hoskinson shared his less than flattering assessment of JPMorgan’s crypto asset JPM Coin at Hong Kong Blockchain Week 2019. His scathing comments drew an impassioned response from the audience, and most of the panel, who applauded his outspoken message. Charles Hoskinson – Crypto Philanthropist Charles Hoskinson is a successful entrepreneur, mathematician and…
If you take one look at Coin Market Cap, it becomes easily apparent that cryptocurrency trading is reaching multi-month highs. However, researchers claim that many established crypto exchanges are reporting billions in false volume each and every day, potentially setting precedent for a nasty drop in the Bitcoin price. Related Reading: Kraken’s $1 Billion Futures…
Ever since Bitcoin fell to its most recent local bottom of $3,400 back on February 6, 2019, the leading cryptocurrency by market cap has been in the longest stretch of uptrend since reaching its all-time high of $20,000. But as bullish momentum struggles with key resistance at $3,900, crypto analysts are calling for a break…
Texas Republican Rep. Phil Stephenson has introduced a bill-draft that would require Texans to identify themselves before they use crypto assets like bitcoin. In Texas House Bill No 4371, Stephenson took the institutionalization of digital currencies to an altogether new level. His bill recognized the blockchain technology as a tool that enables users to create…
The cryptocurrency industry was born during the fallout of the 2008 economic crisis that caused the Great Recession. Satoshi Nakamoto designed Bitcoin as the first-ever cryptocurrency with the goal of removing the control governments and banks had over individual’s funds. Nakamoto designed the BTC supply to have a hard cap so that the cryptocurrency would…
Crypto markets creeping slowly higher; Stellar still climbing Bitcoin and Ethereum remain flat. The weekend has passed with no major movements on crypto markets as the consolidation continued. Total market capitalization has climbed a little and managed to recover back to yesterday’s levels however volume has tailed off a little as we start a new…
Bitcoin has been able to maintain relative levels of stability over the past weekend, despite an unfolding trend where BTC incurs larger levels of volatility during weekend trading sessions. Although Bitcoin is currently stable above $3,900, many analysts are still weary of its current price action, and one analyst believes a drop below BTC’s 2018…
While the primary Binance platform has yet to support fully-fledged fiat capabilities (and may never will), official regional spinoffs, which have launched over the (arguably) ongoing crypto winter, accept deposits and withdrawals from and to financial institutions. The world-renowned startup is purportedly looking to capitalize on this success even further, hinting at plans to launch…
There’s no question that one of the primary drivers of previous crypto market bull runs have been sudden influxes of buying pressure from individual investors. Although many analysts believe the next bull run will be driven by increased corporate and institutional adoption, individuals will undoubtedly play a large role in future price action. A recent…