Crypto News

Ethereum Price Surpasses Bitcoin Cash for First Time Ever

The price of ether has surpassed that of bitcoin cash for the first time ever, becoming the latest negative milestone in a tumultuous few weeks for the world’s fourth-largest cryptocurrency by market capitalisation. According to data from CoinMarketCap, Ethereum traded at $85.51, while bitcoin cash traded at $82 at press time. ETH price surpasses BCH for […]

Crypto News

Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source

The Hong Kong Stock Exchange (HKEX) is reluctant to approve the initial public offering (IPO) applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks. Following the 2017 cryptocurrency market boom, mining giants Canaan Creative, Ebang and Bitmain applied in May, June and September of this year, respectively, to sell […]

Crypto News

Ripple Price Analysis: XRP Could Retest Lows Before Higher

Key Highlights Ripple price recovered recently, but it faced sellers near $0.2900-0.2910 against the US dollar. There is a major bearish trend line formed with resistance at $0.2860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps decline further to revisit the $0.2800 support area in the near […]

Crypto News

Ethereum Price Analysis: ETH Could Turn Bullish Above $90

Key Highlights ETH price recovered recently, but it failed to break the $88 resistance against the US Dollar. There is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $87, $88 and $90 resistance levels to move into a […]

Crypto News

Crypto Anarchist Manifesto Author Tim May Dies of Natural Causes, Report

Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15. In his social media post, Green informed: “Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week […]

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Bitcoin “Not Manipulable by Any Government”

This week, following the scheduled leave of John F. Kelly, United States President Donald Trump has chosen the pro-Bitcoin Mick Mulvaney to serve as the acting White House Chief of Staff beginning 2019. According to the Washington Post columnist Matt O’Brien, Mulvaney has been vocal about his support of Bitcoin (BTC) and in a speech covered […]

Crypto News

Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’

Cameron and Tyler Winklevoss, early bitcoin investors and founders of the Gemini crypto exchange, don’t seem to be deterred by the current market slump. In fact, speaking to Bloomberg recently, Tyler Winklevoss said, “We’re totally at home in winter.” The twins confirmed they are pushing ahead with their firm’s plans, including a new mobile application, […]

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The Intrinsic Value of Crypto (What the Bubble Hasn’t Changed)

Hu Liang is co-founder and CEO at Omniex, an institutional trading platform for crypto assets, and a former senior vice president of State Street. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  At the inaugural Consensus Invest last year in New York City, I was on stage with a host of notable names […]

Crypto News

ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”

Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat. ICO-funded Projects Sell 416,000 Ethereum […]

Crypto News

Romania Bitcoin Exchange CoinFlux Halts Activities after CEO’s Arrest

CCN recently reported on the case of CoinFlux CEO Vlad Nistor. The Romanian bitcoin exchange executive has been arrested on suspicion of money laundering and other crimes and is currently fighting extradition to the United States. Earlier this week, CoinFlux posted to Medium.com to inform followers that they are unable to access parts of their […]

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Coinbase Exec. Unpacks the Company’s About-Face on Crypto Listings

Coinbase Vice President Dan Romero has given reasons behind the platform’s recent announcement that it is exploring support for dozens of new cryptocurrency assets, arguably in contrast to its long-cautious approach to supporting individual crypto tokens. Speaking recently to Linda Shin on an episode of the Unchained podcast, he delved into the factors that predicated […]

Crypto News

Circle CEO: Bitcoin Price Will Boom In Years To Come

As the Bitcoin price has fallen throughout 2018, investors have sought solace in chaotic waters. Case in point, consumers en-masse have latched onto institutional forays, promising crypto-centric platforms, and ambitious price predictions from this industry’s finest in a bid to stay afloat. Investors’ thirst for the latter was quenched on Friday, as Jeremy Allaire, CEO of […]

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Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain

The stablecoin is still an evolving concept, and there have been multiple approaches to it. Dai has algorithmic methods to keep it tied to the US Dollar, while the multitude of stablecoins – USDT, PAX, GUSD, TUSD, and USDC — all simply offer a 1:1 exchange ratio. The recently-rebranded Ampleforth offers an elastic supply so […]

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Gab Says Bitcoin is The Clear Solution as ‘Free Speech Money’

Censorship-free social media platform, Gab, took to Twitter to proclaim the gospel according to Bitcoin. Describing the grandaddy of cryptocurrency as “free speech money,” it pledged to educate its near million-strong community. The Next Evolution Of Online Payments In recent tweets, Gab calls for the next evolution of online payments, in the form of un-censorable […]

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All Top Cryptos See Gains, Bitcoin Nears $3,300

Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200. Market visualization from Coin360 At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are […]

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Hong Kong Bitcoin Wiz Throws Millions From Rooftops, Subsequently Arrested

Crypto enthusiasts are always deemed a bit nutty by the public. Bitcoin, specifically to them, is an abstract concept that often represents little-to-zero intrinsic value, and altcoins aren’t much better. And unfortunately, the public’s negative conjectures towards the cryptosphere were confirmed on Saturday, as a Hong Kong Bitcoin millionaire dispensed millions of the local currency […]

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Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

The Hydro Foundation has announced its decision to fork the 0x (ZRX) protocol. In a statement signed by CEO Tian Li, who is also the CEO of Ethereum DEX platform DDEX, the company revealed that even though 0x has contributed greatly to the growth of DDEX into one of the largest decentralized exchange (DEX) platforms on Ethereum, […]

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Top Stories, Price Movements, Quotes and FUD of the week

Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a ten-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the […]

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Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $20,000 in BTC in exchange for the terrorists to “give […]

Crypto News

EOS, Binance Coin, TRON, Litecoin, Bitcoin

In December 2017, the market participants were eagerly waiting for the total crypto market capitalization to touch $1 trillion. Fast forward to December 2018, and the total market capitalization is struggling to hold on to the $100 billion mark. This shows the complete change in sentiment in the past one year: last year, it was […]