Asian Cryptocurrency Trading Update: Zcash Investment Keeps it Climbing
FOMO Moments The sideways market is over and the bears are in full control. A wave of panic selling seems to have washed across crypto land once again and markets have hemorrhaged $27 billion in 24 hours. Bitcoin has plummeted below the psychological $8k barrier and shed 4.6% on the day trading at $7,930 at […]
How Will Bitcoin Solve Its Energy Consumption Problem?
If Bitcoin were a country, it would be the 40th largest consumer of electricity in the world. A new research paper has highlighted the growing problem as major cryptocurrencies seek to solve it. Bitcoin’s Energy Crisis Explored According to the figures, the amount of energy used for each transaction could run a dishwasher for a […]
Kraken Donates $1 million to Coin Center, Backing Blockchain Research
Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators. Kraken Backs Blockchain Think Tank Executive Director of Coin Center, Jerry Brito, made the surprise announcement at the […]
Asian Cryptocurrency Trading Update: Investors Buying up DigixDAO
FOMO Moments Crypto markets have been yo-yoing all week, one day up the next down. We end the week in the red once again as prices have fallen across the board and Asia is leading the selloff. Total market capitalization has fallen to its lowest level in a month and Bitcoin has shed another 4% […]
French Finance Minister Pledges to Support Crypto and Blockchain-Friendly Financial Policies
At a meeting with French entrepreneurs, including strategic blockchain developer Blockchain Partner, France’s Minister of Economy and Finance, Bruno Le Maire, has pledged his support for cryptocurrencies and underlying blockchain technologies. Bruno Le Maire Pledges Support The minister promised his ‘total and determined support’ for both the crypto and blockchain spaces, while discussing with industry insiders […]
Codex Crypto Live Art Auction Raises Over $190,000 for Blockchain Charity
A cryptocurrency and decentralized registry for unique assets has announced that it has raised over $190,000 at a live art auction, which will be donated to the Foundation for Arts & Blockchain. Live Art Auction Raises $140,000 for Unique Cryptokitty Over the weekend, Codex Protocol, a decentralized title registry for the $2 trillion arts & collectibles (A&C) ecosystem, which […]
Chinese Blockchain Industry Thriving Despite ICO Ban
Despite China’s ban on trading cryptocurrency and ICO’s the blockchain industry is growing exponentially, says Managing Director of the Floor, Hong Kong. Crypto Trading and ICOs are a No No “The situation with China is a little bit sensitive at this point around here.” Said Desmond Marshall in a recent interview with Finance Magnets regarding the status […]
Cryptocurrencies Represented in Pop Culture: Marvel, Silicon Valley, and Billions
Cryptocurrencies are increasingly being represented in pop culture. TV shows, cartoons, and even entire networks are making reference to the coins — in particular Bitcoin — and associated technology like initial coin offerings (ICOs). Marvel Comics This week a new Marvel comic was released: Hunt for Wolverine – Adamantium Agenda #1. The comic, which can […]
BitTorrent creator Bram Cohen Developing Cryptocurrency Chia Without ICO
Bram Cohen — the inventor of file sharing service BitTorrent — is behind an up and coming cryptocurrency called Chia. Chia, which doesn’t require massive amounts of electricity like Bitcoin does, has raised almost $3.4 million without the help of an initial coin offering (ICO). The money will help the startup build its coin and blockchain, which […]
Komodo Platform Partners With ValueNet Capital Ahead of First Decentralized ICO
Komodo Platform, a cryptocurrency project that focuses on providing anonymity through zero-knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol, has entered a strategic partnership agreement with ValueNet Capital, Beijing-based venture capital fund. Komodo Platform To Launch World’s First Decentralized ICO With Help From ValueNet Capital Forked from Zcash by the SuperNET […]
ICON Surges on Bithumb Airdrop Announcement
Bithumb, one of Korea’s largest exchanges with a daily volume of $850 million (94,000 BTC), has announced the listing of ICON (ICX), which is being called ‘Korean version of Ethereum’, to celebrate the launch of Bithumb PRO. Bithumb Gives Away ICON to Celebrate Launch of Bithumb PRO Through deliberation of Bithumb Cryptocurrency Deliberative Committee, the exchange […]
Asian Altcoin Trading Roundup: Top Cryptocurrency is Icon
FOMO Moments Crypto markets have leveled off a little this morning, no further gains have been made but the good news is that they haven’t fallen again. Bitcoin has remained at the $9,000 level with no movement in either direction over the past 24 hours. Total market capitalization is marginally up by 1.5% to $352 […]
Ethereum Battered on ICO Regulation and Ad Ban
When crypto markets plunge towards another monthly low some assets will fare better than others. As usual big daddy Bitcoin has led the way and when it shed 14% over night the outlook for all others appeared grimmer. Ethereum has fared badly this time falling harder and faster than usual. Ethereum, which usually fares well […]
Economic Club of New York: Peter Thiel Discusses Bitcoin and Silicon Valley, Amongst Other Things
Renowned venture capitalist and Bitcoin-enthusiast Peter Thiel, who is moving from the Bay Area to Los Angeles, said that rent prices in and around San Francisco are too high to keep the area as a hotspot for novel start-ups. According to Theil, the majority of the money he spends with Silicon Valley start-ups goes to […]
Dubious ICO Lists Ryan Gosling as Team Member
An ICO for a company called Miroskii has been outed for listing Ryan Gosling as part of their team. The Chinese coin offering gives investors the chance to “join the Crypto Revolution” but there are several red flags over its legitimacy. The chief of these, of course, is their decision to include a stock photo of […]
Swiss Financial Regulators Publish ICO Guidelines
FINMA, the Swiss Financial Market Supervisory Authority, yesterday published guidelines explaining to organisers and investors how existing financial legislation would be applied to initial coin offerings. The document also details the criteria by which the regulator will judge each fundraising effort. The aim is to dispel uncertainty in the space and should allow investors and […]
Morning Asian Altcoin Trading Roundup: the leader is Icon
FOMO Moments We start the week on a positive note with all altcoins trading higher during this morning’s Asian session. Bitcoin has remained steadily above $8,000 and is up 4.4% on the day, this has created confidence in the altcoins which are also enjoying positive price action this morning. Looking through the top 25 we […]
Morning Asian trading roundup: the leading altcoin is Icon
FOMO Moments A rising sun in Asia yielded some long awaited greenery on the crypto charts. This has been a sight for sore eyes after the past week of carnage. All altcoins are showing positive gains at last, Bitcoin leading the pack with a 15% rise in the past 24 hours. We can finally find […]
