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2018 was meant to be the year of security tokens. The number of projects seeking to launch security token offerings (STOs) would mushroom, we were told, and a string of accredited trading venues would emerge where these instruments could be exchanged. The release of two new reports into the STO market provides an opportunity to reflect on whether security tokens have lived up to the hype.
Also read: Digital Bank Revolut Surpasses 3 Million Customers
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The post RigoBlock Announces Airdrop for All Whitelisted Participants for December 2018 appeared first on CCN
GMO Internet, the Japanese technology and online finance conglomerate, presented its results for the third quarter of fiscal 2018 on Nov. 12. The presentation included new details about the performance of the Tokyo-listed group’s cryptocurrency-related businesses.
Also Read: The Daily: US Museum to Accept Bitcoin, Estonia Grants License to B2BX Exchange
The presentation covers the operations of GMO Internet in cryptocurrency mining, exchange and payments. The company reported total quarterly revenue of 2.61 billion yen ($ 22.93 million) in the third quarter. It noted that the positive results came “just a year since the launch despite the harsh external environment.”
According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded to other crypto assets if bought before the end of 2018. Former Wall Street bond trader and digital asset analyst Jill Carlson translated the speech of Venezuelan President Nicolas Maduro, which read: “Anyone who buys
The post Absurd: Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018 appeared first on CCN
Bitcoin (BTC) began a new cycle on its birthday. If you look at the BTC/USD 4H chart above, you can see for yourself how Bitcoin (BTC) completed its correction on 31st October, 2018 and began a new cycle. This is not the first time Bitcoin (BTC) has completed a correction in this manner. In 2014, Bitcoin (BTC) completed its correction cycle the same way, by first breaking above the triangle and then correction above it. We will analyze that in detail by comparing the two charts later in this analysis. Let us first understand the significance of two numbers, “10” and “2018”. Was it a coincidence that Bitcoin (BTC) just completed its correction on 31/10/2018? To answer that question, we will first have to see where the numbers “10” and “2018” actually came from.
Bitcoin (BTC) has entered a consolidation phase. The price has been trading in very narrow range for the past few weeks. However, this is not happening for the first time. As explained in our previous analyses, we believe that Bitcoin (BTC) completed one full cycle between 2014 and 2018. The next cycle is expected to last half the duration of the previous cycle i.e. a total of two years from 2018 to 2020. Some might readily agree with this considering BTC/USD just completed its recent correction in half the duration of its previous correction. However, others may disagree with this view which is why we will highlight the similarities between 2014 and 2018 with the help of fractal analysis.
A report released by the popular CoinGecko blog was the latest report which detailed what it found on Ethereum during the third quarter of this year.
What did they find?
Some of the details that were included showed some negative statistics for the second biggest cryptocurrency, Ethereum. Litecoin, XRP, Bitcoin Cash and Bitcoin have shown a positive year on year returns however, Ethereum didn’t seem to deliver as it has fallen by around 22 percent since the second quarter of the year which has left many investors rung out.
Throughout this year, during a 69 percent correction, only 25 percent of Bitcoin were moved between addresses, suggesting that 75 percent of Bitcoin had not changed hands. That is nearly a 58 percent decline in Bitcoin user activity since 2017, during a period in which BTC surged to a new all-time high at $ 20,000 and
The post Crypto Remains in Recession with Only 25% of Bitcoin Moved in 2018 appeared first on CCN
Grayscale Investments, a crypto-focused investment fund, has managed to raise $ 330 million in 2018, despite an ongoing bear market that has stripped nearly $ 600 billion from the global market. BREAKING: We are excited to share our Q3 Digital Asset Investment Report! YTD Highlights include:• Capital Raised into Grayscale Products: $ 329.5M (⬆️ 33% in Q3)• Majority […]
SludgeFeed
Ripple, is the leading company in global payments industry. In deed Ripple has proven its potential as a global company with its phenomenal growth as shown in its Q3 report. to further enhance its growth, the payments solution provider has decided to expand its coverage by taking its services to the Middle East with a new office slated to open in Dubai by the end of 2018.
This was made known by Dilip Rao, Ripple’s Global Head of Infrastructure Innovation while speaking at a conference in Dubai. Rao said that Ripple is getting good acceptance and has over 200 clients around the world some of which are based in the Middle East among which are Al-Rajhi, the largest Islamic bank in Saudi Arabia and Kuwait Finance House.
A financial technology startup building a global blockchain payment network for a financial institution, Ripple, have released its third-quarter market report this week. They have revealed that they have sold over $ 160 million XRP during the quarter.
As announced by the official Twitter, they posted a link to the XRP market report:
The Q3 #XRP Markets report is here. Read about the key events in the XRP ecosystem over the last three months, including asset trading in Malta, hints at #crypto Wall Street adoption and why there was far less volatility in the markets this quarter. https://t.co/XYNp0D5S5F
The post Bitcoin News Summary – October 29, 2018 appeared first on 99 Bitcoins.
Here’s what happened this week in Bitcoin in 99 seconds. Crypto markets remain steady this week. Markets were largely unchanged from last week, with Bitcoin holding the $ 6,400 level, Ethereum keeping its $ 200 level, XRP steady at 45 cents and BCH holding the $ 440 range. The total crypto market cap is now at around […]
Twitch, the live streaming video platform owned by Twitch Interactive, a subsidiary of Amazon (AMZN), is currently hosting TwitchCon 2018, a weekend-long event highlighting the company’s upcoming updates, events and more. Go live on Twitch with up to three other streamers, all in a single view. Squad Stream rolls out in 2019. pic.twitter.com/UIkbSmNIBI — Twitch (@Twitch) […]
SludgeFeed
As the end of 2018 draws near a quarterly market report from Ripple shows that the company is on the right track.
A Q3 2018 XRP Markets Report from Ripple shows that the company more than doubled its sales of XRP from Q2 to Q3 of 2018. The report notes that Ripple sold $ 163.33 million XRP in Q3, which is a significant increase when compared to $ 75.53 million in Q2.
The post Bitcoin News Summary – October 22, 2018 appeared first on 99 Bitcoins.
Here’s what happened this week in Bitcoin in 99 seconds. US investment giant Fidelity, which has over $ 7 trillion under management, announced its new crypto custody and order execution service, Fidelity Digital Asset Services. Fidelity aims to make Bitcoin trading accessible to major institutions, such as hedge funds. Major exchange Bitfinex re-opened fiat deposits […]
The prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and more deals within the blockchain space, even in the face of declining or stagnant crypto prices. Despite market volatility and a peak-to-trough bitcoin price decline of
The post Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018 appeared first on CCN
While the cryptocurrency market has suffered significant losses in 2018, the number of deals related to blockchain and crypto companies has surged 200% over the same period. According to a recent CNBC report that cites data compiled by JMP Securities, there have been 115 deals involving cryptocurrency or blockchain, and the total is on pace to […]
SludgeFeed
Institutional investors, venture capitalists, and other well-heeled entities “in the know” are using a year-long bear market to buy up future technologies for what might turn out to be pennies on the dollar.
Yesterday CNBC reported that most of 2018 has been a “deal frenzy” for cryptocurrency and blockchain-related companies as mergers and acquisitions (M&A) are reported to have increased by 200 percent. Pitchbook had JMP Securities crunch M&A data the results showed that by the end of 2018 there will have been 145 M&A deals.
Throughout 2018, there has been a very strong focus on the VeChain project. This particular ecosystem seems to attract a lot of price speculators and enthusiasts, which can lead to some interesting VET predictions for the remainder of 2018. The following 3 charts show the VeChain price might be bound for a major upswing, assuming key support levels hold true.
The post Bitcoin News Summary – October 15, 2018 appeared first on 99 Bitcoins.
Here’s what happened this week in Bitcoin in 99 seconds. Major exchange and Tether operator, Bitfinex, has imposed a temporary ban on all fiat deposits. Clients are no longer able to deposit Euros, Dollars, Yen or Pounds to the exchange. Withdrawals are reportedly working normally. Bitfinex has said that they expect the issue to […]
