After MarketWatch got lambasted for publishing a questionable op-ed regarding a Bitcoin mining “death spiral,” the financial media continued their bearish cryptocurrency coverage on Wednesday. More specifically, Bloomberg News, which covers the crypto industry round the clock, recently had its in-house analysts tout a $1,500 per BTC prediction — far below what many traders deem…
R3, an enterprise blockchain software firm, launched Corda Settler, an application that settles international payments within a corporate network – and it supports XRP. The open-source application comes as a part of a bigger CorDapp package. It allows participants to issue payment requests and settle them on the Corda network through “crypto-assets” like XRP or…
The continued bear market is taking its toll on cryptocurrency investors, miners, and businesses alike, and has prompted ConsenSys to consider restructuring its business plans so it can adapt to the new market environment and continue to thrive. ConsenSys CEO Joseph Lubin Alerts Staff to Major Restructure In response to the ongoing “crypto winter” that…
After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its 2018 lows. Bitcoin’s latest leg down has led to a widespread market drop that has seen many altcoins drop 3% or more over a 24-hour trading period. At the time of writing,…
Binance, the biggest crypto exchange by volume, yesterday released a new video demonstration of its decentralized exchange ahead of its launch in Q1 2019. The broadcast exhibited the trading interface of Binance DEX – as the platform is called – along with its web crypto wallet feature and Binance Chain, Binance’s native public blockchain explorer…
As Bitcoin continues its chaotic price action, ceaselessly falling and ascending through key levels, some paranoid traders have feared that institutional investors have been alienated from the crypto market. Yet, reports indicate that Grayscale’s growing war chest has continued to swell, while institutional players continue to express interest in crypto assets. This, of course, makes…
Cryptocurrency markets falling back mid-week; Bitcoin Cash is evaporating, and EOS melting while Waves rides high. Markets are continuing to fall back as the week goes on and the general trend since the weekend has been downwards. Gains that are made do not last long and total market capitalization is back around the $125 billion…
Some of Asia’s most wealthy people have gathered in Singapore today to learn about blockchain technology and crypto from the planet’s most influential thought leaders in the space. Amongst those presenting at Forbes Asia’s “Decrypting Blockchain for Business” event was Binance’s Changpeng Zhao and BTCC’s Bobby Lee. Interest in Blockchain Remains High, Despite Crypto Bear…
ErisX, a crypto exchange has completed a Series B funding round with support from leading firms including Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures, and Monex Group. ErisX Will Operate as Crypto Futures Exchange, Clearing Organization, and Spot Market The crypto trading platform, with a pending license as a clearing organization with the U.S. Commodity Futures Trading Commission…
The outspoken CEO of Bitcoin.com believes that the future of cryptocurrencies like Bitcoin and Bitcoin Cash is bright, despite the current market sentiment, fearing that the budding financial technology has already met its demise. Roger Ver: Based on Fundamentals, Crypto’s Long-Term Future is Bright Roger Ver is a polarizing character in the cryptocurrency industry. Love…