Cryptocurrency

A three-month long bitcoin price squeeze (BTC) could be nearing an end, with a key volatility indicator reaching its lowest level for 21 months. The leading cryptocurrency has charted lower price highs and lower price lows (pennant) since the end of June and the lack of strong direction bias has both bulls and the bears

Cameron and Tyler Winklevoss have made a name for themselves as US Olympians, but the twins are now also well known for being involved in the crypto space. The pair owns the Gemini Exchange, which is based out of New York. The Gemini Trust Company was formed back in 2014 and is among the top

A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation. “While cryptocurrencies are often thought to operate out of the reach of national regulation, in fact their valuations, transaction volumes and user bases react substantially to news about regulatory actions,” argues the report,

Bitcoin price is on a bull-run right now. In fact, the entire crypto market seems to be making a bullish turn as sharp gains can also be seen across a number of altcoins. At the time of writing, Bitcoin is up 4.6% on the 24-hour basis and is currently trading at $6,733 according to coinmarketcap.com

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. There are shifts at ShapeShift and not everyone’s happy with them. When the token exchange

Ripple (XRP) just passed Ethereum (ETH) this morning to take the second-largest cryptocurrency spot. Except, a few hours later Ethereum enthusiasts shot back and Ethereum re-gained its #2 spot. Ripple (XRP) Comeback XRP is among the group of worst performing cryptocurrencies this year, but it seems to be making a comeback. In the summer, it

A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase’s chief policy officer, Mike Lempres, wrote that the OAG’s assertions in the report have led to misrepresentation of

Venezuela’s president, Nicolas Maduro, just made a bold statement regarding his oil-backed cryptocurrency, the Petro Coin. The Petro Coin Maduro appeared on the national VTV channel today and delivered a speech about his country’s latest economic issues. According to VTV’s official website, Maduro said: “The Petro enters the street, as a currency of exchange, purchase

The parent company of Brazil’s largest independent broker is setting up a cryptocurrency exchange, Bloomberg reported Thursday. Grupo XP, which owns brokerage firm XP Investimentos, plans to launch the platform in the “coming months,” the news source said, adding it will support trading in bitcoin and ethereum. However, despite the notable move, the firm seems

In today’s edition of Crypto Daily News, we’ll cover the details of the crypto market rebound and Coinbase’s official statement regarding the proprietary trading allegations. Crypto Daily News: September 20th, 2018 Crypto Market Rebounds The crypto market is rebounding this morning, after taking a sharp fall last week after rumors spread that Goldman Sachs (NYSE:GS)

XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of

Reddit and BitcoinTalk are flooded with the announcements of new and upcoming ICOs. The market keeps growing, but investors are becoming wary. With approximately 46% of ICOs ending in failure, how do you make sure that you’re investing in one of the 54% destined for success? An ongoing and upcoming ICO list should be your

A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase’s chief policy officer, Mike Lempres, wrote that the OAG’s assertions in the report have led to misrepresentation of

The growing popularity of crypto investments has aroused a keen interest in blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time. However, the potential and scope of the application of decentralized ledgers

The New York Office of the Attorney General (OAG) has released a report on cryptocurrency trading platforms, finding that many are vulnerable to market manipulation and referring several exchanges to another agency for potential violations of state law. The NYAG’s inquiry was launched in April, seeking voluntary participation from 13 of the world’s most notable

In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately. Crypto Daily News: September 17th, 2018 Former SpaceX Engineer Starts a Crypto Exchange Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just

The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of $196 – down $28 and 11 percent on a 24-hour basis, according to CoinDesk’s Ether

The cryptocurrency market is rebounding today, after a brutal couple of weeks on the market. Ethereum (ETH), Litecoin (LTC), and Monero (XMR) are among the coins making the biggest surge this morning. Recently, the market hit its year-low, and many of the coins reached their yearly lows as well. Let’s take a closer look at

The trustee of the long-defunct bitcoin exchange Mt. Gox has announced that corporate creditors can now enter claims to claw back trapped bitcoin through a recently approved rehabilitation process. Nobuaki Kobayashi, attorney-at-law and the rehabilitation trustee for Mt. Gox said in a release on Wednesday that former corporate users of the exchange will have until

Mainstream media has recently been sparking the question, “is Ethereum (ETH) dead?” Most journalists running these stories were referring to Ether or ETH, the digital token that runs on the Ethereum network. Ethereum (ETH) Dead? The reason the questions were prompted most likely had to do with ETH hitting 2018 lows recently. Most of the

Ethereum’s ETH token on Thursday saw its highest amount of daily trading volume on Bitfinex. The second-largest cryptocurrency witnessed a 24-hour trading volume of 0.85 million yesterday – the highest level since September 15, according to Bitfinex data.  Further, the current weekly volume of 2.907 million is the highest since mid-December. Meanwhile, 24-hour trading volume

SBI, the Japan-based Fintech giant, has just announced its plans of launching an SBI Ripple-powered application for mobile called MoneyTap. ひっそりと、Moneytapのティザーサイトを公開しました。ロゴや画面のイメージ如何でしょうか！？https://t.co/Pw4JDg9nEy — 沖田 貴史　T.OKITA (@OKITATakashi) September 12, 2018 SBI Ripple-Powered Application The CEO of SBI Ripple Asia, Takashi Okita, took to Twitter on Wednesday to announce MoneyTap. The translated tweet reads: Enter Your E-mail Address

One in four millennials are interested in investing in cryptocurrencies over the next year. Crypto payments startup Circle conducted a survey of more than 3,000 individuals earlier this week, finding that a majority of millennial investors believe themselves to be “aggressive,” according to the results. Three different generations were interviewed – millennials, generation x and baby

There are so many ongoing Ripple lawsuits that you have to count them with both hands. Sure, it’s unfortunate, but it keeps Ripple in the public eye, providing the masses with constant XRP news; this isn’t the case for many altcoins as Bitcoin (BTC) often hogs all the attention and altcoins get left behind. Recently, however,

One of the year’s most hotly anticipated blockchain applications is now live. FOAM, which aims to build a reliable, resilient world map using smart contract technology, announced that the decentralized application (dapp) has launched on the ethereum blockchain and is already “seeing the first users populate the map.” Speaking to CoinDesk in June, FOAM co-founder

Yesterday, it was announced that OKEx founder Star Xu had been taken into police custody for fraud allegations. If no substantial evidence was found, Xu would be released from custody in a 24-hour period. According to local news reports, Xu has been released and isn’t pleased. OKEx Founder Strikes Back “I have no fictional facts,

Binance, the world’s largest crypto exchange by volume, is teaming up with the Malta Stock Exchange (MSX) to enable security token trading on the “blockchain island,” a local news site reported Tuesday. The exchange’s chief financial officer, Wei Zhou, signed a memorandum of understanding with MSX chairman Joe Portelli to launch a security token trading

The subsidiary of the Malta Stock Exchange, MSX PLC, has signed a Memorandum of Understanding (MOU) with crypto exchange Binance. The pair will launch a new Security Tokens Trading Platform. According to a press release from today, the new trading platform will benefit from the two bodies in two ways: From the Malta Stock Exchange’s “26-year track record of operating

The total market capitalization for all cryptocurrencies fell to its lowest point in over 10 months on Saturday. The development followed a particularly bearish week for the broader cryptocurrency market. Bitcoin (BTC), the world’s largest cryptocurrency dropped over $1000 on Sept 5. and Ether (ETH), the world’s second largest cryptocurrency, fell to its lowest level

The Stellar Foundation is a non-profit blockchain project that built the Stellar network. The Stellar ecosystem holds the digital token Stellar (XLM), or Stellar lumens. The for-profit subsidiary of the Stellar Foundation, Lightyear, purchased Chain for around $40 million. As part of the all-cash deal, all of Chain’s existing investors, such as Citi Ventures, Visa,