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Markets Update: Crypto Prices Recover as Bitcoin Cash Leads the Charge Again

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Markets Update: Crypto Prices Recover While Bitcoin Cash Lead the Charge Again

On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $ 4.3 billion after losing $ 10 billion last Thursday. Moreover, out of the top 10 cryptos by market capitalization today, bitcoin cash (BCH) leads the way by gaining more than 5% in the last 24 hours.

Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government  Read more...

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Omise Acquisition Rumor Leads to OmiseGO (OMG) Pump and Dump

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The price of OmiseGO (OMG), a token underpinning a second-layer solution for scaling on Ethereum, pumped more than 12% on Friday on the back of an unconfirmed report that claimed the project’s “sister” (originally parent) company, Omise, was acquired for $ 150 million by Thailand’s largest private company, Charoen Pokphand Group (CP Group). According to the […]
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Fortnite’s Epic Games Leads Record $5.7 Billion Year for Gaming Investments in 2018

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Game company investments, into market leaders like Epic Games, doubled an already record figure for gaming investments in 2017. Epic Games, developer of Fortnite – the world’s most popular videogame – saw the greatest single investment in 2018 of $ 1.25 billion. Epic Games $ 1.25 Billion Funding Round is the Largest non-IPO Gaming Investment Ever A first-quarter 2019 report from Digi-Capital, as reported by VentureBeat confirmed the latest industry statistics. Gaming investments reached $ 5.7 billion in 2018. Double the record figure for 2017. Epic Games, riding on the global success of online-game Fortnite, led by raising $ 1.25 billion from investors. Epic’s huge  Read more...

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Apple Leads the Dow Jones Into Five Weeks of Gains

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The Dow Jones Industrial Average, by a fraction, realized its fifth week of gains on Friday.  A closing high of 0.8% in Friday gave the Dow a 0.1% increase across the week. Disregarding speculation that Apple could be dying, the iPhone maker’s shares led the Dow Jones 30 with 3.31% hike. Dow Jones Shakes Off

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Christmas Delight? Bitcoin Cash ABC Leads the Crypto Rally after Surging 40%

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Are we witnessing an early Christmas gift for crypto hodlers? Bitcoin Cash ABC leads the crypto rally after surging nearly 40%. The crypto asset has engaged itself in an impressive upside action, surging 40% on an adjusted 24-hour timeframe. In five days, the Bitcoin Cash ABC market cap has jumped from $ 1.32 billion to $ 2.83 billion,

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Bitcoin Price Falls 5.5% to $4,030: Lack of Momentum Leads to Crypto Pullback

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Over the past 24 hours, the Bitcoin price has dropped by more than five percent from $ 4,265 to $ 4,030, demonstrating a decline in daily volume. On fiat-to-cryptocurrency trading platforms like Coinbase and Bitstamp, the dominant cryptocurrency was dangerously close to dipping below the $ 4,000 support level. A drop below the $ 4,000 mark could disallow a

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Ripple (XRP) Leads Altcoin Retreat as Early-Week Rally Fizzles

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Led by ripple (XRP), the bitcoin and the altcoin markets edged lower on Thursday after staying on the bulls’ side for most of the week. Ripple Price Headlines Pullback The cryptocurrency market as a whole witnessed their uptrends getting stalled. Other top performers during the previous rally, including stellar (XLM), bitcoin cash (BCH) and EOS,

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Christie’s Auction House Leads Art World in Blockchain Tech

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Christie’s recently announced the introduction of a system for recording art transactions on blockchain. The decision is just the latest example of how the tech is catching on inside of the art world.

Leading auction house Christie’s announced a new system utilizing blockchain to encrypt the registration of art transactions for a November sale.

The company is planning to sell a variety of major artworks from one of the most extensive privately-held collections of American art from the last century. According to early estimates project that the artworks could command more than $ 300 million at auction.  Read more...

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‘I Call Bullsh*t’: Tone Vays Leads Criticism Of EOS After Four Execs Resign

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Suspicions were running high over EOS once again September 26 after four senior executives resigned from parent company Block.one to start a spin-off venture.

Block.one: Four Execs, Two Contractors Walk

The latest episode in the chequered history of both the platform and Block.one, now ex-senior vice president of tech operations David Moss led an exodus to create StrongBlock.io, a mysterious EOS-related outfit about which few details have surfaced.

With Moss as CEO, StrongBlock has also poached infrastructure president Brian Abramson, senior director of technology products Corey J. Lederer and vice president of product Tom Cox.

EOS  Read more...

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Ripple’s XRP Leads the Cryptocurrency Market Higher

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XRP, the digital currency attached to fintech startup Ripple, has surged more than 17% over the last 24 hours. This jump in price came shortly after Ripple’s head of regulatory relations for the Middle East and Asia-Pacific, Sagar Sarbhai, hinted that the firm was witnessing significant progress in its xRapid product, which speeds up transactions at banks using XRP. As a […]
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Bain Capital Leads $15 Million Series B for Institutional Exchange Seed CX

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Bain Capital, a global alternative investment firm based in Boston, recently led a $ 15 million Series B for Seed CX, a startup cryptocurrency exchange that offers institutional trading and settlement for both spot market and CFTC-regulated derivatives. According to the official announcement, Seed CX will use the new capital to expand its physical trading infrastructure, grow […]
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Nintendo Leads Video Game Sales for the Summer

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Nintendo has been dominating the competition in terms of video game sales this summer. Last June, Nintendo released the best-selling video game of the month with Mario Tennis Aces before following-up with Octopath Traveler in July, which also topped the charts for the month. Despite the fact that the NPD Group does not track Nintendo’s […]
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China’s Crackdown Leads to WeChat, AliPay Blocking Crypto Transactions

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In support of the Chinese government’s tightening clampdowns on local crypto-industry, a mobile payment giant has decided to bar virtual currency transactions on its platform. WeChat Pay on Friday issued a statement stating that they would prohibit users from sending or receiving funds related to cryptocurrencies on its social media platform. The Tencent-backed firm cleared

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VeChain (VEN) Leads Crypto Comeback Rally, Further Upside Likely In The Weeks Ahead

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VeChain (VEN) Leads Crypto Comeback Rally, Further Upside Likely In The Weeks Ahead

Chart for VeChain/US Dollar

VeChain (VEN) made a stunning comeback during the recent crypto relief rally by surging 35% in the last 24 hours. The cryptocurrency which was forgotten for a while after leaving the top 20 league has now once again become the 20th largest coin by market cap. The price has yet to break out of the downtrend but it seems to have found support at the lower limit of what forms a falling wedge inside VeChain (VET)’s descending channel since the correction.

Continue reading VeChain (VEN) Leads Crypto Comeback Rally, Further Upside Likely In The Weeks Ahead at Crypto Daily™.  Read more...

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Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation

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BTC ETH Price Analysis

In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. The entire crypto market, as a whole, is showing signs of capitulation as many alts have seen similar devaluations in shorter periods of time than ETHUSD. Similar to many other coins, ether is penetrating long-held support with very little ease:

ethfig

Figure 1: ETH-USD, 1-Day Candles, Macro Trend  Read more...

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Novogratz’ Galaxy Digital Leads $52.5 Million Blockfi Fundraiser

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Novogratz’ Galaxy Digital Leads $ 52.5 Million Blockfi Fundraiser

Galaxy Digital, a merchant bank founded by famed bitcoin investor and president of the Fortress Investment Group, Michael Novogratz, has led a $ 52.5 million investment round for cryptocurrency-backed USD lending platform, Blockfi.

Also Read: Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia

Novogratz’ Galaxy Digital Leads $ 52.5 Mn Fundraiser for Crypto-Backed Lending Platform

In the company’s first institutional investment into “cryptoasset backed loans,” Galaxy Digital Venutres LLC, has been announced as the leader in a $ 52.5 million fundraising round for crypto-backed lending platform, Blockfi.  Read more...

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TRON Price: Strong Upward Momentum Leads Push to $0.05

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With all of the cryptocurrency markets showing early signs of a recovery process, interesting things can happen. While it remains to be seen if this momentum can be sustained in the long run, the TRON price is enjoying some positivity. More specifically, its value has increased by 6% in the past 24 hours, which is pretty interesting to take note of.  Read more...

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Bitmain Leads Circle’s $100 Million Round; Teams Up to Create Stable Coin

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Bitmain Leads Circle’s $ 100 Million Round; Teams Up to Create Stable Coin

Bitmain, the largest of the Bitcoin mining operations, is putting its muscle behind mobile payments and cryptocurrency trading firm Circle by leading a $ 110 million Series E round of funding, the companies announced on Tuesday, March 15, 2018, at Consensus in New York City.

Several other venture capital firms, including Breyer Capital, General Catalyst and Accel, joined the round, which now pushes the value of Boston-based Circle to $ 3 billion, from a reported $ 480 million in 2016, according to a statement by Circle.    Read more...

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