Wall Street Buzz: Merrill Lynch Bans Bitcoin For Its C… | News

In a move that sounds similar to that taken by JPMorgan CEO Jamie Dimon, Wall Street bank Merrill Lynch has banned its financial advisors from buying Bitcoin-related investments for their clients. The decision comes as the major bank has concerns “pertaining to suitability and eligibility standards of this product,” according to an Internal memo reviewed by the Wall Street Journal. Going against the grain The decision taken by Merrill Lynch prevents roughly 17,000 advisors pitching anything to do with Bitcoin Read more …

China’s Biggest Newspaper Calls Bitcoin a Bubble

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The People’s Daily, the official newspaper of the Chinese Communist Party and the biggest newspaper group in China, recently published a piece calling bitcoin a bubble, and comparing the cryptocurrency to the 17th-century Dutch tulip bulb bubble., just like JP Morgan’s Jamie Dimon did. The piece initially mention’s bitcoin’s growth in 2017. The cryptocurrency surged from under $1,000 to over $19,000 last year, before it plunged back Read more …

TRON Breaks Into Top 10 Cryptocurrencies, Displaces Da… | News

On the morning of Jan. 4, the cryptocurrency TRON (TRX) posted 136 percent growth, becoming the 9th largest cryptocurrency by market capitalization, and pushing Dash to 11th place. The altcoin has been on a bullish trend since mid-December, growing well over 2,000 percent since then. In the first week of 2018 alone, the coin has seen almost 300 percent growth. TRON hit $0.20 earlier today, and is currently trading at an average of $0.17, with a market cap of $12.4 Read more …

Happy Birthday Bitcoin, and Don’t Forget About Cypherp… | News

If 2017 has taught us anything, it’s that the price of a commodity has a massive influence on how the world values it. As Bitcoin entered a phenomenal bull run in November, it was almost impossible not to get caught up in the hype of the ever-growing value of the cryptocurrency. The price continued to rise, breaking barrier after barrier with no consideration of naysayers or well-wishers. But as history will forever tell us, a $20,000 high was the tipping Read more …

Bitcoin No Longer Top Dog Because Of How It Is Defined | News

The total market cap of the cryptocurrency market reached a new milestone, crossing the $700 bln mark. However, the driving force that is Bitcoin has slumped to all-time lows in terms of its market dominance. For so long Bitcoin has held more than just the lion’s share of the crypto market dominance, but currently, while many will be calling it altcoin season with Bitcoin’s dominance down to 34 percent, it may be that Bitcoin has made itself less important. At Read more …

Blockchain-powered Video Streaming Project White Rabbit to Spend $1 Million to Onboard Streaming Sites

White Rabbit, a project created and developed by experienced filmmakers and software engineers, has announced the launch of its Partner Streaming Sites (PSS) program. The announcement, which was made last week on their blog, invites streaming services and film/series producers to participate in the development and evolution of what the White Rabbit team describes as “the next generation streaming ecosystem.” White Rabbit is allocating up to $1 million of its token sale proceeds to onboard websites and services through the Read more …

Total Capitalization of the Crypto Markets Now Exceeds $750 Billion

Markets and Prices The total market capitalization of all cryptocurrencies has broken into new highs, with coinmarketcap indicating that the market cap of the combined crypto markets is approximately $760 billion USD as of this writing. Also Read: Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets The Total Market Capitalization of All Cryptocurrency Markets Is Greater Than That of Google The market capitalization of the combined cryptocurrency markets has exceeded that of the second largest global company Read more …

Ether Prices Tops $1,000 in

Days after hitting $900, ethereum’s native ether token, ether, has topped $1,000 for the first time in its history. After spending two days mostly below its previous high of $900, ether went on a rally Wednesday, and hit its latest milestone of $1,000 early Thursday morning, according to data from CoinDesk’s Ethereum Price Chart (EPI). Despite this rally, it remains as the third largest cryptocurrency by market cap, having recently lost the second place spot to Ripple’s XRP token. According Read more …

Ethereum Price Hits Historic $1,000 Milestone, Eyes $100 Billion Market Cap

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ethereum price crossed $1,000 on Thursday, marking yet another historic milestone for the third-largest cryptocurrency. Ethereum Price Rips Past $1,000 Only four days have been marked off on the calendar, but January has already been a banner month for the altcoin markets. In this brief span, the combined value of altcoin market caps has swelled by more than $140 billion, and altcoins now account for more Read more …

Ripple Co-Founder Becomes ‘World’s Richest Person’

Ripple executive chairman Chris Larsen has become “the richest person in the world” according to reports assessing his stake in the exploding cryptocurrency. A Sea Of $Billions In a tweet Wednesday, BitFury founder and commentator George Kikvadze noted that Larsen’s 37% stake in Ripple, which has an ‘implied’ maket value around $320 billion, makes him richer than Bill Gates and Warren Buffett. “If centralised Ripple is worth $320 (billion) then decentralised Bitcoin is (definitely) going to be worth trillions,” he Read more …

Acute Angle PC – Extraordinary Coin Mine

Acute Angle PC is coming out, please stay tuned. Acute Angle PC had been launched on its official website at 12:00 on December 12th. This is a universal hardware host based on IPFS point-to-point hypermedia protocol storage and Acute Angle Chain management of digital assets and formulating reward system for the users through smart contract. History of Acute Angle PC Based on blockchain technology, Acute Angle PC acquires digital assets by sharing idle disk space and bandwidth through distributed cloud storage and cloud computing. Read more …

TRON Price Jumps 150% as Founder Teases Major Partnership

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The TRON price exploded by 94 percent on Thursday after the decentralized content distribution platform’s founder teased a major partnership with a publicly-listed company. Its token, TRX, is up 150% in a 24-hour period at press time. TRON Price Leaps 90 Percent on Thursday As reported by CCN sister site Hacked, the TRON price broached $0.16 this morning, capping off a run that has seen the four-month-old Read more …