Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset
Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset.
Crypto Week In Review: Coinbase Drops Index Fund, “Dr.Doom” Bashes Crypto
Despite Nouriel “Dr.Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming. Nouriel “Dr.Doom” Roubini Takes To Twitter, US Senate To Bash Crypto Dr.Nouriel Roubini, one of NYU Stern’s economics professors, recently bashed the cryptocurrency and blockchain world through a […]
Crypto Reckoning? Industry Vets Strike Humble Tone in San Francisco
Many at San Francisco Blockchain Week are warily reflecting on the lessons of the 2017 token boom, the pride that came before the bear-market fall.
Bitcoin Price Weekly Analysis: BTC/USD Could Test $6,390 Before Lower
Key Points Bitcoin price found support near the $6,100 level and corrected higher against the US Dollar. There is a major bearish trend line in place with resistance at $6,325 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,325 and $6,390 resistance levels to move into […]
Ethereum’s Constantinople Upgrade Stalls on Test Network
Constantinople, ethereum’s next system-wide upgrade did not activate on the Ropsten testnet as planned on Saturday.
Coinbase Ditches Its Index Fund in Favor of a New Retail Feature
Coinbase – one of the largest digital currency exchanges in the U.S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reports https://theblockcrypto.com/2018/10/11/coinbase-is-shutting-down-its-fund-aimed-at-big-investors-as-it-pivots-to-a-new-retail-product/ . Coinbase first announced its fund back in March of 2018. The project was designed to give institutional investors easy access […]
Cryptocurrency Tech Will Make Web Look like ‘Cute Experiment’: Circle CEO
Blockchain unicorn Circle has made a series of strategic moves that all have one theme: to become a dominant force in the world of cryptocurrency. The startup is backed by some of the most influential companies in the sector, and the CEO believes that tokenization is truly the future. Boston-based Circle is not interested in […]
FinCEN Issues Advisory On Iran’s “Illicit” Use of Crypto to Bypass Sanctions
Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero – and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U.S., prompting FinCEN to issue an advisory on the topic. FinCEN on Iran’s Exploitation of Financial Markets The Financial Crimes Enforcement Network (FinCEN) has issued an […]
Chilean Bitcoin Exchange Buda Adds Lightning Network Support
Buda, one of Chile’s largest cryptocurrency exchanges by trading volume, has recently introduced support for Lightning Network (LN) payments on its platform, to allow its users to experiment with the second layer scaling solution. Bitcoin Exchange Now Accepts Lightning Network Payments According to a recently published blog post, users will be able to pay via […]
Former Trump Economic Adviser Joins Blockchain Startup Spring Labs
One of President Trump’s previous economic advisers has joined Spring Labs. Gary Cohn is the latest former Wall Streeter to take up a position within the ever-expanding blockchain industry. Cohn Joins Steven Hunt and Christine Sandler in Moving to the Blockchain Industry Yet another blockchain-related company has managed to poach talent from Wall Street. Spring […]