By CCN Markets: Investors who are not generating returns in 2019 are clearly looking in the wrong place. Considering bitcoin claimed a fresh 2019 high to nearly $ 9,400 over the weekend, other asset classes have a hard act to follow. Gains across the stock market and commodities including oil and precious metals such as gold pale in comparison to bitcoin’s, and investors must be kicking themselves for not recognizing the opportunity in crypto. There’s no shortage of explanations as to what is fueling bitcoin’s rise, ranging from the U.S./China trade war to Facebook’s new stablecoin to the Federal Reserve. The
Kavita Gupta, the managing partner of ConsenSys Ventures, the venture arm of ConsenSys originally bankrolled with $ 50 million by Joseph Lubin, has reportedly left the firm. Gupta was tagged to lead the Ethereum-focused fund when it launched in 2017 and, over her tenure, has invested in startups ranging from BlockFi to Tenta Browser. I guess […]
Coinbase CTO Balaji Srinivasan has left the company after joining in April 2018, marking the first chief technology officer departure for the crypto giant. 1/2 Really enjoyed my time at Coinbase working with my friend @brian_armstrong. The Earn integration was successful and we’ve closed ~$ 200M in deals for the new Coinbase Earn. Was also my […]
Former NBA All-Star Rick Fox, the owner of esports organization Echo Fox, is reportedly leaving the organization following an incident where a limited partner allegedly used a racial epithet both in person and via email. Regarding the recent news around Echo Fox. pic.twitter.com/P448ZuePNe — Echo Fox (@echofoxgg) April 26, 2019 According to a recent report […]
- The bullish market structure that we have established over the last couple of weeks remains intact, despite the strong round of selling that the bitcoin market saw a couple of days ago.
- The weekly 50 exponential moving average (EMA) is currently in the process of being tested but the market has been unable to close a weekly candle above it.
- The intraday levels have shown support following the round of selling.
- If the current levels do not hold, we can expect to see a test of the $ 4,700s as we haven’t tested its support following our strong breakout.
Litecoin (LTC) helped kickstart the February crypto rally earlier this month after surging 30% on news that it would be cooperating with Beam (BEAM) to explore the implementation of Mimblewimble… You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed […]
By CCN.com: Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $ 41 billion on Thursday morning before making an equally quick recovery. The stunning movement, which took place in a matter of minutes, sparked a temporary market panic as stock market investors struggled to dump their stocks before
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Shanghai-based NEO gaming platform BlaCat revealed last week that it is adding Imperial Throne, a multiplayer strategy blockchain game that was originally designed to function on the Ethereum (ETH) network. BlaCat (@BlaCat_platform) has announced another title launching on its platform, Imperial Throne, which allows players to become lords who can bid for land, mine tokens and recruit […]
The partial US government shutdown is now affecting TLS certificates for some government websites. The websites of key branches of government like the Justice Department and the Court of Appeals are no longer secure or accessible, as first reported by Netcraft. The partial government shutdown affected their abilities to renew TLS certificates to keep their websites
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Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $ 1,400 back in December of 2017. And now, almost a year later, ether sits just above $ 100 on what appears to be shaky ground during its latest round of selling over the last few weeks:
Figure 1: ETH-USD, Daily Candles, Rapid Descent
As recently reported by Bloomberg, the head of policy at Coinbase, Michael Lempres is leaving the company for a position at a venture capital firm. He was promoted back in September when Brian Brooks took over his post as a chief legal and risk officer, a role that Lempres served as for over a year.
The post Head of Policy at Coinbase Leaves for a Venture Capital Firm appeared first on CCN
Cryptocurrency exchange Coinbase said their fifth employee and head of its institutional platform group, Adam White, is departing the company. The firm said yesterday that Jonathan Kellner, the ex-CEO of Insinet, would be taking over the bulk of White’s work. Kellner was recently hired as Coinbase’s managing director of its institutional business. A company spokesperson
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Li Xiaolai, the billionaire founder of cryptocurrency venture capital firm BitFund, has reportedly left the industry as the regulatory pressure in China intensifies. In a recent post on Chinese microblogging website Weibo, Xiaolai declared that he is done investing in the cryptocurrency industry. “From this day on, I, Li Xiaolai, will personally not invest in […]
Bitcoin cash recently hard forked and a little less than 20 percent of nodes didn’t upgrade. The industry argues over whether that matters or not.
In a poor week for the wider markets, a listing on the Gemini exchange put a strong bid under zcash, producing gains of 50 percent.
World’s First AI-Controlled Influencer Marketing Platform Successfully Closes $ 12M Phase 1 Of The Tokensale Following 36 Minutes $ 5.5M Pre-Sale Spurt
Tallinn, March 24, 2018
AdHive, an AI-powered platform for influencer marketing announces that it has successfully closed the $ 12M hard cap ahead of the open phase of its tokensale. The company’s innovative approach to AI-automated and blockchain-backed native advertising attracted a total of 5,839 token purchasers through the presale and Phase 1 of the tokensale.
Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but these have since been reactivated. Wednesday March 7 will go down as a memorable day in the exchange’s short history, but one with a happy ending.
Bitcoin price gained almost $ 2000 in 12 hours into Tuesday as the virtual currency’s correction gives way to gains and investors reaffirm their faith.
Bitcoin Price Optimism Returns
Volatility has briefly returned to markets post-Christmas, Bitcoin currently circling $ 15,200 according to Coinmarketcap’s average trading prices, up from $ 13,680 Monday but coming down from the day’s high of $ 15,700.
The move has dampened altcoins, with a mixed bag of gains and losses greeting investors today. Civic, which surprised by posting sudden huge advances from $ 0.70 to as high as $ 1.68 in the past 24 hours, has now deflated to around $ 0.87.
The value of Bitcoin has been making headlines lately, with prices increasing tremendously over the past few weeks. First, the price of the cryptocurrency smashed the $ 10,000 level, hitting a record-high of $ 15,000 a few days later. As of now, the price stands at more than $ 18,000, with the upward trend expected to continue in the coming days.
With more and more people trying to get a piece of the Bitcoin pie, the digital currency’s market cap has swelled to a new all-time high, surpassing that of Visa. As of this writing, Visa’s market cap of $ 252.74 billion has been eclipsed by Bitcoin, whose market cap now sits at $ 305 billion. That is a 73% increase since this same time just a week ago. Not bad for something that experts are quick to deride as a ‘bubble’ and a ‘fraud’, eh?