Cryptocurrency investors are not getting any respite from the bearish mood of the market as, once again, Bitcoin dipped below $6,000 to reach a near 2018 low on Tuesday. The market has been hit by uncertainty over the upcoming cryptocurrency regulations from various jurisdictions across the world, and in the middle of all of this, arrives the rumours of Bitmain’s plans of cashing out of Bitcoin. Bitmain IPO Could Create a New Tech Giant Bitmain is a seller of ASIC Read more …
It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH00 remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has dropped below 20 and could Read more …
Bitcoin (BTC) continues to decline and so is the entire market. However, an investment strategist sees it as a paradigm-shifting technology that needs time to appreciate in value. Bitcoin 00 marks another day trading in the red with the rest of the entire market performing even worse. At the time of writing this, all top 100 digital currencies are depreciating according to CoinMarketCap. Signs of positivity could be found in the fact that Bitcoin dominance is rising despite the decreasing price – Read more …
The market is down $25 billion from yesterday’s high of $219 billion, sliding to $193 at the time of writing. Altcoins have been hit hard with Ethereum down almost 18% overnight according to coinmarketcap.com and hitting lows not seen since August 2017, now trading at $264. Ripple is also at a yearly low, down 14.33% to trade at $0.26, a value not seen since last December. XRP is down 92% from its all-time high of $3.37 making it one of Read more …
Bitcoin now dominates 54 percent of the total cryptocurrency market cap, hitting a level on Tuesday not seen since the time of its all-time price highs in December 2017. Analysts Dream Of Altcoin Rebirth According to data from Coinmarketcap, Bitcoin 00 now has a market cap of $105 billion. August 11 formed the latest date when Bitcoin’s market cap became worth more than all other cryptocurrencies combined. Long a contested metric for measuring Bitcoin’s success, the increasing market dominance comes Read more …
Collaboration between the blockchain-based marketplace and a global entertainment giant benefits the whole gaming community. DMarket Token (DMT) finished in July as one of the top performing cryptocurrencies anywhere in the world. Up nearly 300% at its peak, the DMT drew increased attention to the project it belongs to. DMarket is a global virtual items marketplace catering to the needs of the rapidly expanding video games virtual items industry. For those unfamiliar with the sector, it has raced past $15bn Read more …
Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs and Nyca Partners. Also participating in the round were Andreessen Horowitz, Citi, JP Morgan, Wells Fargo, Y Combinator and Digital Currency Group, among others. The round raises Axoni’s total venture capital funding to over $55 million to date, according to the firm. Coffers now full, the New York-based Axoni said it plans to use the funds to continue developing both its data synchronization Read more …
Bitcoin (BTC) prices fell below $6,000 for the first time since the end of June Tuesday, August 14, as the cryptocurrency community remains resilient. Data from Cointelegraph’s price tracker and Coin360 depict a gloomy environment for traders Tuesday, with all major assets in the red as Bitcoin falls almost 5 percent in 24 hours. Top ten coins are seeing as much as 17 percent losses on the day, with top fifteen coins are down as much 20 percent over the Read more …
Cryptocurrency price predictions have become as plentiful as trees in a forest, but many never come to fruition. Nonetheless, with the crypto market’s move lower, some have begun to believe that Arthur Hayes’ $5k prediction could be in store for Bitcoin. From $5k To $50k — Arthur Hayes’ Extreme Bitcoin Prediction Arthur Hayes, the CEO of BitMEX and a passionate cryptocurrency proponent, has not been one to back down from a tough question. When queried about his prediction for the Read more …
On the home page of hardware wallet Bitfi’s website, it is hard to miss these words attributed to the company’s chairman, John McAfee: “The world’s first un-hackable storage for cryptocurrency & digital assets.” But for the umpteenth time, the security of the hardware wallet has been severely compromised. In the most recent incident according to Hard Fork, security researchers at Pen Test Partners were able to send signed transactions using Bitfi thereby fulfilling a vital requirement for the hardware wallet’s Read more …
News The Japanese cryptocurrency Spindle, known for being promoted by the Japanese popular singer, actor and talent Gakuto Oshiro (45), aka GACKT, has announced it’s withdrawing from Tokyo to relocate its headquarters in London, amidst rumors that the Tokyo Metropolitan Police is investigating unregistered sales of cryptocurrencies made by the company. Also read: J-Pop Star GACKT Caught Between Crypto Company Spindle and Minister’s Gaffe Japan Unsuitable for Crypto Business GACKT told news.Bitcoin.com in an interview online that there is a considerable Read more …
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football. Called the Crown League, the project’s owner told CoinDesk on Tuesday that it seeks to form a professional fantasy football league, with 12 teams initially, which will collectively be owned by fans via the platform’s crypto tokens. In some respects, the league will act like other fantasy leagues, but it differs in being a single, unified entity operated by professional managers and Read more …