Category : Crytocurrency

Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week

In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) performed poorly against the U.S. dollar,...

Blockchain Developer at Top of List on LinkedIn’s Emerging Jobs Report

LinkedIn has released the 2018 edition of its Emerging Jobs Report. Topping the list is the blockchain developer position. Yet, with crypto markets crashing in the past month amid signs of an industry slowdown, it’s unclear whether blockchain firms w...

BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume

The Blockchain Transparency Institute (BTI) has published its December 2018 “Exchange Volumes Report,” claiming that only two of the top 25 cryptocurrency exchanges by reported volume on Coinmarketcap pairings accurately report their trad...

Free Speech Social Network Gab Starts Accepting BTC

Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,”...

When There’s Blood in the Street (Why It’s Not Quite Time to Be Long Crypto)

Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). ——————- Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regardin...

Bitcoin Bull Thomas Lee Claims Market Is Wrong and BTC Should Be Much Higher

Bitcoin bull Thomas Lee continues to be confident in BTC, insisting that its current price is wrong and should actually be closer to the $15,000 mark. Along with a number of other bulls, Lee has made several overly hopeful predictions this year. Als...

Crypto VC Funding Deals are Falling Apart Due to Bear Market — Bad Time For Startups

According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), many venture capital funding deals in the crypto sector have fallen apart in the past few months as a result of the 12-month bear market. Silbert, who oversees the opera...

Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO

BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoin’s current valuation, while the actual use of the crypto market leader as a currency is responsible for only a relatively small fraction of its price. Speak...

Tron DApp Usage Jumps 48% — More Than 1 Million Transactions Last Week

The TRON Foundation launched its TRC20 exchange this week. It is a place for people to exchange tokens issued on the TRON platform. The TRC20 exchange is located at TRX.market. The TRC10 token exchange is still on Tronscan, the primary block explorer...

Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space

The Orion Span project has plans to launch a space station that will be used as a luxury hotel. Its Aurora space station is set to launch in early 2022 and a 12-night stay on the craft will set you back $9.5 million. The space hotel says it has sold...

AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History

Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on beha...

Cameroon Separatists Create Cryptocurrency Called AmbaCoin

A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as...

Bahrain’s Central Bank Issues Draft Crypto Regulations

The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its r...

Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities

In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin offering (ICO) projects the firm has invested in could be considered as securities under U.S. regulations. Morehead wrote: “While we...

Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire

The bitcoin price will rocket over the next three years, and cryptocurrency valuations will spike accordingly, says Jeremy Allaire, the co-founder and CEO of Circle, a peer-to-peer payments technology company backed by Goldman Sachs. While Allaire wa...