Almost all cryptocurrencies started this week in an upbeat tone, banking in significant losses. For the first time since the beginning of January, Bitcoin managed to reach the $3,900 level, which had triggered buyers to enter across the broad. Not too long about we’ve talked about the links between
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The wait had been long, but it looks like in a few months we will have the first cryptocurrency created by a major US bank. Although a big critic of Bitcoin, engineers at JP Morgan had developed a digital token which will be used to settle a tiny fraction
Although we are in a period when investing in cryptocurrencies is not trending like a year, extreme oversold conditions and low valuation are beginning to look appealing for the institutional side. Wednesday, February 13th, news of US-based pension funds starting to invest in cryptocurrencies were in the spotlight, so
The Litecoin price surged starting from February 8th, after positive news persuaded bulls to jump into the market aggressively. It seems like The Litecoin Foundation had partnered with software development firm Beam, with the main goal of exploring the implementation of a brand new protocol which will contribute to
The beginning of February was marked by news coming from QuadrigaCX, a Canada-based cryptocurrency exchange. A liquidity crisis emerged, and the platform was forced to ask for creditor protection. How did we get here? It all started with the sudden death of Gerald Cotten, the founder, and CEO of
Currently on the 41st spot by daily volumes according to the industry website coinmarketcap.com, Kraken had recently made an important acquisition which will enable its clients a greater access to cryptocurrency-based futures contracts. The end of 2017 market a new milestone with the CBOE launching for the first time
January 30th was the best trading day in 2019 for XRP, as it gained more than 20% in value on the Kraken exchange. Ripple, the company behind XRP, had been widely expected to get involved in the cross-border payments industry and now, the IMF chief Christine Lagarde, made some supportive
As cryptocurrencies continue to remain subdued in terms of valuation, negative effects continue to show up. Nvidia – the Taiwan-based computer hardware producer, had updated its financial guidance for the last quarter of 2018, blaming weak cryptocurrency mining and slowing economic activity in China. The cryptocurrency mining industry continues to
The Singapore-based cryptocurrency exchange Bithumb looks set to become the first platform listed on the US stock exchange. At the present time, it is the largest crypto exchanges by reported volume, with an estimated $1.4 billion daily volume according to coinmarketcap.com. A reverse merger deal to take place by March
The Constantinople Ethereum fork was canceled little before it should have taken place as a security vulnerability was found by an audit firm. The wide-anticipated system update was expected to take place on January 17th, at 04:00 UTC. A reentrancy attack prevented ChainSecurity, a firm specialized in smart contract
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