Crypto News

Crypto Startups Are Targeting Institutional Investors, But When Will They Finally Arrive?

In case you didn’t realize it during the brutal bear market of 2018, the days of stupid money flowing stupidly into any and every cryptocurrency-related project are over. Now, it’s all about the maturity of the nascent market, and that means institutional investors ‘need’ to step in — a sentiment not lost on some startup […]

Crypto News

US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading

The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. The US Securities and Exchange Commission (SEC) filed a lawsuit against Gene Daniel Levoff, who served as […]

Crypto News

Crypto Market Wrap: Consolidation Continues, Is a Breakout Imminent?

Crypto consolidation continues; Litecoin still inching up, NEO making progress, everything else is flat. Crypto markets are looking a little erratic as we enter the weekend but in the grand scheme of things nothing has changed over the past seven days. Total market cap has crept up marginally but most tokens are still consolidating within […]

Crypto News

Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11.72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market. Sale of Cryptocurrency Mining Chips Plummet The U.S. […]

Crypto News

NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft Exec

Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15. The new office will be headed by ex-Microsoft executive John deVadoss. The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to […]

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SEC Obtains Preliminary Injunction Against Blockvest For Fraudulent Securities Offer

The Securities and Exchange Commission (SEC) has announced a preliminary injunction granted against Blockvest LLC for unlicensed security offer. This overturns a previous court order, claiming that the SEC failed to prove that the token was a security. Another Day, Another Court Case In June last year, the SEC decreed pretty much every cryptocurrency other than […]

Crypto News

QuadrigaCX Founder May Have Stored Private Keys on Paper in Safety Deposit Box

The founder of major Canadian crypto exchange QuadrigaCX, Gerald Cotten, may have stored the exchange’s private keys on paper in a safety deposit box, Bloomberg reported on Feb. 15. In an interview on the “True Bromance Podcast” in February 2014, Cotten warned of the danger of losing keys to cold wallet storage systems, and thus […]

Crypto News

This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000

Every crypto investor’s worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium. At one point, he bought 0.0047 BTC for 340 Brazilian reals, worth about $91. At press time, said amount of bitcoin is worth less than $15 on other exchanges, meaning at the rate he paid for […]

Crypto News

Moscow Blockchain Cluster Needs Intellectual Property Mechanism, Says Expert

The Moscow-based blockchain innovation cluster needs a mechanism for assessing intellectual property, says the founder of blockchain platform Universa.io, Aleksandr Borodich. Borodich’s statements were reported by Russian news agency TASS on Feb. 15. The plans to launch a blockchain-based city innovation cluster by summer 2019 were initially announced by the Moscow municipal government earlier in […]

Crypto News

Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still Flowing

The so-called “crypto winter” has undoubtedly been tough on a majority of this ecosystem’s upstarts, even those with supposedly colossal war chests and copious amounts of talent. Heck, earlier this week, Ripple cut Bloomberg alumni Cory Johnson, the fintech firm’s chief market strategist, due to shifts in the Bitcoin winds. Bitmain, Huobi, and ShapeShift are […]

Crypto News

Chinese Crypto Miner Predicts That Bitcoin Could Reach $740K

Zhu Fa, co-founder of Poolin, a Chinese-based crypto mining pool, predicted that the Bitcoin (BTC) price could hit 5 million Chinese yuan ($738,000 (USD), crypto news outlet 8BTC reported on Feb.11. While Zhu noted that “it now feels more like a bear market,” he reportedly predicted that in the next bull run, prices will be […]

Crypto News

Global Blockchain in Energy Utilities Market to Grow 60% by 2024

The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15. Per the report, the global blockchain in energy utilities market was assessed to be $210.4 million in 2018, and is expected to reach $3.4 billion by […]

Crypto News

Crypto Markets Experience Mixed Trading Session, Analysts Expect Ethereum and Litecoin to Drop in Near-Future

The crypto markets have continued to gradually drift lower following last Friday’s market surge. Most cryptocurrencies have dropped today, with Ethereum trading down marginally, and XRP dropping nearly 2% due to concerns regarding the newly announced JP Morgan crypto (JPM Coin) possibly being a competitor. Many analysts now expect major cryptocurrencies, including Litecoin and Ethereum, […]

Crypto News

All’s [Too] Quiet on the Crypto Front

This level of calm can make anyone nervous. Bitcoin spent the day within a close range, not losing much anywhere. Binance Coin is now over $9, further solidifying its position as a top 10 crypto. NEO gained 2%, pushing it over $8 on the global charts. Litecoin and Ethereum are maintaining their ranges. The expected […]

Crypto News

New Legislation Recognizes Crypto as Trading Commodity

Indonesia has introduced new legislation that recognizes Bitcoin (BTC) as a trading commodity, Asia-oriented news outlet KrASIA reported on Feb. 15. Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, initially signed a decree to make cryptocurrency a commodity future legally tradable on stock exchanges last June. The agency then stated that the Indonesian […]

Crypto News

XRP Holds Strong After JP Morgan ‘Slaps’ Ripple With Bank-Centric Crypto

Ripple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world. But, this might not exactly be the […]

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Here’s What Xi Jinping Said That Lit the US Stock Market on Fire

On February 15, the Dow Jones surged by 1.74 percent, adding 443.86 points. Within less than 1 month, the Dow Jones has recovered from 24,065 points to 25,883 points, by a staggering 7.6 percent. The Dow pounded nearly 450 points higher by Friday’s close. Analysts were uncertain how the Dow Jones would react to the […]

Crypto News

Ocasio-Cortez Tries to Tear Down Trump’s Border Wall Just 24 Hours after Chasing Amazon out of NYC

The wide criticism U.S. House Rep. Alexandria Ocasio-Cortez received when she cheered Amazon’s decision to not build a second headquarters in New York didn’t seem to faze her. Instead, the freshman congresswoman seems emboldened, and now, just one day later, she’s setting her sights on President Donald Trump and his beloved border wall. Trump’s National Emergency […]

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Apple Notes Blockchain Guidelines in Recent SEC Filing

Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15. In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for […]

Crypto News

Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely

Bitcoin has continued to express stability around its current price levels in the low-$3,600 region. Despite being stable currently, BTC has not been able to garner any buying pressure at its current prices, which may signal technical weakness. Now, analysts are claiming that Bitcoin may see further losses in the near-term, as its price has […]