As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit. As prices […]
BTC/USD shorts on Bitfinex are nearing record highs, leaving many to wonder if a short squeeze will occur like it did when the prior mark was set.
Blockchain and cryptocurrency media accounts in China have been banned on WeChat, the messenger app owned by Tencent.
ECoinmerce, a DAO e-commerce platform, has announced the launch of the Crypto Community Watch program, in partnership with a consortium of crypto industry organizations including ICO Alert, GZH, Step VC and NewEconomies. The main purpose of the program is to create an anonymous tip line as well as a whistleblower reward mechanism to deal with […]
The post Bitcoin News Summary – August 20, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. The popular mining company Bitmain is looking to IPO, forcing it to disclose its financial position. Surprisingly, Bitmain has over 1 million Bitcoin Cash while their Bitcoin holdings are at […]
Litecoin, Stellar Lumens, Tron, IOTA, EOS Technical Analysis: At 90% From ATHs, Altcoins are almost “Free”
Apart from IOTA which on paper seems to be outperforming peers adding 15 percent in the last days, other coins as Tron, Litecoin and Stellar Lumens are up roughly two percent on average. Of all coins though, Stellar Lumens (XLM) is the most stable as they consolidate horizontally along our previous buy trigger line at […]
Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful […]
The first Bitcoin exchange-traded fund (ETF) is expected to be approved by February of 2019. But, some experts have stated that ETFs may increase the volatility of the market. How the ETF Will Impact the Market Over the past few months, analysts have been divided on the effect of the ruling of the US Securities […]
Written By: Alex Mashinsky, CEO of Celsius Network and accomplished VoIP entrepreneur Most companies or projects that hold an ICO or token generation event (TGE) are under enormous pressure to get their tokens listed on major exchanges as quickly as possible. Most ICOs get listed in less than 3 months. But there are a number […]
The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes, […]