Crypto Frontline

Crypto and the market

EOS Banks 33% in Gains Since 2019 Started

EOS Banks 33% in Gains Since 2019 Started

  Following a disastrous 2018, when it lost more than 90% of its value, falling from little under the $30 per token towards $1.60, EOS had an impressive start of the year so far, communicating that investors found value at those extremely oversold levels. Still the biggest ICO on record,

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Cryptocurrencies Rebound on Positive Risk Mood

Cryptocurrencies Rebound on Positive Risk Mood

  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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JP Morgan Chase Set to Launch a Digital Token

JP Morgan Chase Set to Launch a Digital Token

  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

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US Pension Funds Started to Invest in Crypto

US Pension Funds Started to Invest in Crypto

  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

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LTC Jumps 30% after Mimblewimble news

LTC Jumps 30% after Mimblewimble news

  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

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Will the QuadrigaCX Situation Ever be Solved?

Will the QuadrigaCX Situation Ever be Solved?

  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

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Kraken Exchange Buys Crypto Index Provider

Kraken Exchange Buys Crypto Index Provider

  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

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XRP Jumps Following IMF’s Chief Comments

XRP Jumps Following IMF’s Chief Comments

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

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Nvidia Hit by Weak Crypto Mining Activity

Nvidia Hit by Weak Crypto Mining Activity

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

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Bithumb Exchange Set for Reverse Merger Deal

Bithumb Exchange Set for Reverse Merger Deal

  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

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