Category: ETH
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Markets Update: Leading Cryptos Grind to New Lows for 2018
In the last 24 hours, many leading cryptocurrency markets have broken down to post new lows for 2018. The bloodshed has seen BCH fall below $100 for the first time ever, while the market cap of ETH has fallen below $10 billion for the first time in over a year. The total capitalization of the…
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Previously Inactive Whales Are Moving Large Amounts of BTC
Earlier this week, armchair sleuths began pointing out that large amounts of cryptocurrency from long-dormant addresses have been on the move. For instance, one wallet that’s been inactive since its inception in 2013 moved 66,452 BTC — worth around $245 million — to an unknown address. Hours later, a few more addresses from the top…
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Bitwise Launches Bitcoin Fund, Driven by Client Interest
Bitwise Asset Management has launched two new cryptocurrency funds, one of which only invests in BTC. The launch “is driven by inbound client interest and investor dissatisfaction with existing options,” the company says. The market downturn has also given investors “a unique opportunity to enter the market at prices many thought we’d never see again.”…
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Japan’s Money Forward Announces Details of Upcoming Crypto Exchange
Japanese public company Money Forward, operator of a personal budgeting app with 7 million users, is preparing to launch a crypto exchange. Three cryptocurrencies will be supported. A representative of the company has shared some details with news.Bitcoin.com about the platform and the company’s future crypto projects. Also read: Indian Supreme Court Moves Crypto Hearing, Community…
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November Volume Rankings: Bearish Momentum Drives Surge in Trade
The significant bearish momentum experienced across cryptocurrencies throughout November drove a significant increase in monthly trade volume among the leading markets. Also Read: Japan Unveils Plans to Regulate Initial Coin Offerings BTC Posts Strongest Volume Since May According to Coinmarketcap, BTC saw an increase in monthly trade activity of 43 percent in November. Nearly $156.5 billion…
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Organized Crime Goes Digital With the Blockchain-Based ‘Mafia Wars’ Game
Over the last couple of years, blockchain-based gaming has become more popular with collectible games like “Spells of Genesis.” One peer-to-peer game, “Mafia Wars,” is a blockchain-themed tournament based on well-known organized crime families from the 1920s. Also read: Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process The Five Families of New York…
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Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone
On Nov. 29, Sirin Labs announced the commercial launch of its new blockchain smartphone known as the Finney. According to the cellphone creators, the Finney offers “secure and state of the art mobile technology” alongside an embedded cold storage cryptocurrency wallet. Also read: Bloxroute Joins the Block Size Debate With New Block Propagation Service People Can…
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Markets Update: Bull Trap or Reversal? Traders Question the Recent Crypto Spike
Three days ago the crypto-economy suffered deep losses, with digital asset prices at their lowest across the board since September 2017. But on Wednesday the digital asset ecosystem started showing a slight recovery, as the entire market capitalization of all 2000+ coins gained $14 billion. Also Read: Free Keene Activists Launch Tip-Card Creator Called Cryptotip.org Cryptocurrency Markets Show…
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Markets Update: Cryptocurrencies Continue to Suffer From Deep Losses
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past seven days. Prices this low have not been seen since the spring of 2017 and at the moment the entire economy of all 2000+ coins has a…
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Markets Update: Crypto-Capitulation Causes Uncertainty Toward Year End Prices
All eyes have been glued to cryptocurrency markets over the last week as a great majority of digital asset values plummeted to their lowest prices since last year. There’s been a slight price recovery and some consolidated sideways action taking place as some market observers have noted an attempt to reverse the trend may be…