Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $6,000

After rising to $6,700 on fiat-to-crypto exchanges and achieving $7,700 on Bitfinex, Bitcoin has stabilized at $6,500. Over the past 48 hours, the volume of Bitcoin has risen from $3.2 billion to $7 billion at its peak, but has since dropped to $4 billion. In a two-day period, BTC has shown a 25 percent increase

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Centralized Cryptocurrencies Dominate Market, But What About Bitcoin?

A new report reveals that the majority of cryptocurrency and blockchain projects are centralized. Majority of Cryptocurrencies Can Be Classified as Centralized, Securities Cryptocurrency research firm CryptoCompare released its annual Cryptoasset Taxonomy Report, and their findings reveal that only 16% of cryptocurrencies are fully decentralized. The remaining cryptocurrencies reviewed are either centralized, or only semi-decentralized,

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Two US States Issue Cease and Desist Orders Against Five ICO Issuers

Two US States Issue Cease and Desist Orders Against Five ICO IssuersThe U.S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions. One scheme promises a return of 10 percent per month and claims to be pegged to the […]

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0x Surges 30% after Coinbase Listing, Which Crypto is Next?

0x (ZRX), better known as the 0x protocol, experienced a 30 percent increase in value within mere minutes after Coinbase, the world’s largest crypto brokerage, officially integrated ZRX. In an official announcement, Dan Romero, Coinbase vice president and Coinbase Consumer general manager, wrote: “Starting today, Coinbase supports ZRX at Coinbase.com and in the Coinbase Android

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UK-Based Global Security Firm G4S Announces Crypto Custody Solution

Multinational security company G4S has announced that it has been working on a custody solution for cryptocurrencies. The firm is the latest in a long list of those seeking to address one of the largest perceived problems in the digital asset space – secure storage. G4S to Join Goldman Sachs, Bakkt, and Others in Crypto

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Trader: Crypto Can Reach Trillion Market Cap Based on Speculation Alone

During an interview with Ran Neuner on CNBC’s Crypto Trader, Coinbase alum and crypto investment firm 1Confirmation founder Nick Tomaino stated that the valuation of the crypto market can reach a trillion dollars off of speculation alone. He said: “I see investing and speculating as adoption. I think it is possible that crypto gets from … Continued

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The $152 Million Lawsuit over Blockchain Betting Startup Augur is Settled

In April, a blockchain entrepreneur has surprised the space by launching a savage legal attack on his four associates, alleging that all of them committed acts of fraud, breach of contract and trade theft. The allegation resulted in a $152 million lawsuit, the most expensive claim the cryptocurrency space had seen, even until this very

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Journalism Blockchain Startup Civil Cancels ICO, Refunds Investors

Crypto and blockchains startups, even those that hold great promise, have sadly received the full brunt of 2018’s dismal market conditions, resulting in a widespread loss of clients and investment interest. For example, freshly-printed studies have revealed that Coinbase, widely regarded as this industry’s golden child, saw 80% of its U.S.-based customer base dissipate, resulting in

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Pantera Exec: Crypto Market Close to Bottom, Tenfold Increase Possible With Scalability

As Q4 of 2018 dawns on the infant crypto and blockchain world, many outspoken advocates for this industry have done their best to reaffirm that the cryptocurrency values will reverse without a doubt. “Crypto Is Close To The Bottom At This Point” When it comes to industry veterans, Joey Krug, an Augur co-founder turned crypto investor

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Bitcoin Price Rises to $6,450 as Market Stabilizes, Has Crypto Hit a Bottom?

Over the past 72 hours, the cryptocurrency market experienced one of its wildest fluctuations in recent years, triggered by the sudden increase in the Bitcoin price. The unforeseen decline in the value of Tether (USDT), a stablecoin backed by the US dollar on a 1:1 ratio, led premiums on major cryptocurrencies like Bitcoin (BTC) and

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