Nasdaq might be on the cusp of giving institutional investors an analytical edge on trading hundreds of crypto assets. According to a person familiar with the company’s plans, the U.S. stock exchange is preparing to add tools for predicting the price movements of crypto assets to its Analytics Hub. The hub, launched last year, draws
Cryptocurrency
For many, the first step into the world of cryptocurrencies is by way of an exchange, which is essentially a marketplace that allows users to both buy and sell various cryptocurrencies. In many ways, it’s similar to the process of buying and selling stocks via a stock exchange, but it differs in one fundamental way. There is
New to crypto trading? Read CoinDesk’s full set of guides. If simple moving averages are your game as a crypto-trader, it’s time to take it to the next level for this week’s Crypto 101 guide. Last time, we discussed simple moving averages (SMAs), and in this segment, we will look at a strategy utilized by
Fintech startup Robinhood offers stock, option, and cryptocurrency trades with zero fees. In an ambitious task, it will soon launch an Initial Public Offering, or in other words a Robinhood IPO. In light of this, the company is on the hunt for a chief financial officer (CFO) as it takes steps to go public. Robinhood IPO
Opera now allows users to send crypto collectibles, such as CryptoKitties, directly from its recently announced in-browser crypto wallet. Claiming the feature is a first for the industry – although other wallets do offer collectibles support, including MetaMask – the company said in a blog post today: “We believe that as an increasing portion of our lives moves
George Weiksner was only 11 years old when he launched his own crypto gaming company last year named Pocketful of Quarters. Yesterday, Weiksner announced via Market Watch that he has just signed on Grammy-winning producer Devo Harris to begin crowdfunding his initial coin offering (ICO). Devo Harris on Board Harris has worked with artists such
Cryptocurrency exchange startup Quoine has launched a new trading platform that it says will bring much needed liquidity to the crypto markets. Called Liquid, the new service is a cryptocurrency trading “portal” that provides users with access to what it claims in a press release is “a worldwide network of cryptocurrency exchanges.” With a lack of liquidity
In today’s edition of crypto daily news, we’ll look at a new survey that shows that 80% of Americans have heard of Bitcoin, as well as at the details of Twitter looking in blockchain technology. Crypto Daily News: September 6th, 2018 Survey Shows 80% of Americans Know about Bitcoin Published today by the polling firm
U.S.-based cryptocurrency exchange Kraken has denied a rumor that has emerged on social media claiming the firm is shutting down operations at one of its service centers amid a security issue. Reddit user “throwaway34034324″ posted a thread on Thursday claiming that the exchange is closing operations in Halifax, Canada, and has ”just laid off hundreds of people
The number of people who are interested in blockchain is rapidly growing, and that includes celebrities. As tech continues to flourish, the blockchain movement has captured an array of personalities—ranging from rappers to reality stars. Here are the biggest celebrities in cryptocurrency, ranked by star power. 4. Chris Bukowski, the Bachelor Chris Bukowski, an ex-Bachelor
Two of the top 10 cryptocurrencies by market capitalization are now trading at their lowest level in a year. Ethereum, the world’s second largest cryptocurrency by market capitalization, fell to its lowest price since 2017 on Wednesday, a development shared by Cardano, the world’s ninth largest by market capitalization. At 16:00 UTC, during the middle
In today’s edition of Crypto Daily News, we’ll cover the details of the Chinese Central Bank launching its blockchain platform and Robinhood launching candlestick charts on its app. Crypto Daily News: September 4th, 2018 Cryptocurrency News: Chinese Central Bank The People’s Bank of China (PBoC) has officially launched the beta testing phase of its blockchain
Cryptocurrency exchange ShapeShift has launched a new membership program that will eventually become mandatory for its users. Positioned as a loyalty program, the initiative will see the startup offer a range of benefits while also moving to start collecting some personal information from its users, essentially forming a pivot away from its “exchange without accounts”
Over the past few years, more and more investors have decided to enter the Bitcoin market. There is no doubt that cryptocurrencies have gained in popularity. At the same time, their prices have climbed higher and higher. Bitcoin has been at the forefront. This digital currency has really paved the way for other coins. Still,
The cryptocurrency markets had a rough run in August, with only a handful of projects making it into the green. Major names such as ethereum, bitcoin and XRP all dropped on the month, down 35.45, 9.44, and 27.93 percent, respectively. Adding pressure to the situation, bitcoin’s dominance rate rose substantially, up 6 points from July’s
China’s ban on crypto continues across the country as the Guangzhou Development District is next to be hit. What’s going on? China’s Ban on Crypto Continues Last week, a very similar ban was imposed in Beijing’s Chaoyang district, whereby venues were handed out fliers detailing a prohibition against commercial venues hosting crypto-related events. Venues such
There’s a fight going down on crypto Twitter right now. But while that fact alone should come as no surprise, this time the bout is a bit more notable given it’s between a number of cryptocurrencies using so-called masternodes. While the term is flexible, generally speaking, masternodes are defined as computers on a network – staked
Bitmain Adds Ethereum Mining Pool: The world’s largest Bitcoin mining pool is cheating on Bitcoin. Bitmain’s BTC.com is expanding to add an Ethereum mining pool which will initially support both Ethereum and Ethereum classic. Users will now be able to switch their hashing power from one pool to another, in light of what’s happening in the market. Bitmain
New to crypto trading? Read CoinDesk’s full set of guides. Fibonacci retracement. Sounds sophisticated? But what does it do? And does it work? Luckily for traders, Fibonacci retracements are far more than just a nifty word. In fact, it’s the name of a tool used to predict potential support and resistance levels for price action.
China may be doing all it can to suppress cryptocurrencies, but South Korea is going the opposite way. Specifically, in its Gyeongsangbuk-do Province. But what’s going on? Well, according to sources, officials are partnering with blockchain startup Orbs to create a province-specific coin called the Gyeongbuk coin. But why? South Korea’s Gyeongbuk Coin The province is
NEO’s dismal performance in August has likely strengthened the already strong bear grip on its market. Down 39.6 percent month-on-month in August, it is the biggest loser among the top 25 cryptocurrencies by market capitalization, according to CoinMarketCap and analysis by CoinDesk. Throughout the month, the world’s 14th largest cryptocurrency has moved in tandem with
Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro. In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the
It seems iPhone users won’t have access to the crypto collectible craze anytime soon. The news comes after forthcoming video game War Riders was featured on the Coinbase Wallet iOS app and then quickly withdrawn. In War Riders, players drive around an apocalyptic wasteland, building up armies of vehicles – vehicles represented by non-fungible tokens,
Cryptocurrencies transformed the way we glance at transactions, but against the grain, they have also encouraged cybercriminals to lead some massive frauds over the past few years. While the cleverest minds have developed some beyond-belief organizations upheld by the might of blockchain and cryptocurrencies, wicked minds have also pounced on the furor, defrauding innocent investors
Peer-to-peer cryptocurrency exchange AirTM has raised $7 million in a Series A funding round. The Mexico-based startup, which seeks to help individuals conduct transactions and bypass traditional banking services, revealed the news Wednesday, saying it will direct the funds toward growing its reach across various markets in South America. In particular, the firm intends to
The Farnborough International Airshow is the UK’s biggest aerospace event featuring many announcements across the UK space industry. The 2018 event included a number of interactive talks exploring a range of space topics with participants from the UK Space Agency, NASA, and the European Space Agency. The UK strategy is to promote the value of space-based
Bitcoin’s (BTC) price surpassed $7,000 early on Tuesday after 20 days stuck in a narrow range below $6,800. The worlds largest cryptocurrency by market capitalization first moved past the $7,000 mark soon after 10:00 UTC today after trading sideways for nearly three weeks. As traders of bitcoin have come to realize, periods of low volatility often come
Some altcoins made surprising moves this week. In particular, ICON jumped 25% in the last seven days. This is interesting because when looking at the coin leaders, their actions remained relatively flat; Bitcoin kept finding its way back to somewhere between the $6,700 and $6,750 marks, with the latter being the highest the coin achieved across the
There’s an account on the EOS blockchain with $35 million worth of tokens in it that no one can touch – and its balance is growing constantly. At the end of EOS’ first 12 months as a live blockchain, this account (called eosio.saving) will be worth close to $192 million, assuming the recent EOS market price
The cryptocurrency exchanges Bitfinex and Ethfinex have both announced today that Autonio’s NIO token is now available for trading on their platforms. NIO has been listed on their exchanges after being awarded first place on the Ethfinex’s most recent community listing vote. Ethfinex hosts a community vote allowing participants to vote on exchange listings on
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