The latest run-up in the cryptocurrency market was primarily driven by gains in major, top-15 altcoins including XRP (XRP), Stellar (XLM), TRON (TRX) and Cardano (ADA). However, despite the change in investor sentiment, many mid-cap altcoins, which we are describing as coins with market capitalizations between $ 100 million and $ 500 million, have lagged behind the […]
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This Off-Grid, Solar-Powered System Sends Crypto Through Radio Waves
To many, cryptocurrency is a way of securing financial independence from banks and governments. Those interested in going off-grid, distancing themselves from authority, and even “preppers” who believe that major catastrophe is coming any day share many of the values of hardcore crypto advocates. One point of contention is blockchain’s reliance on the power grid
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Massive Hacks, Price Targets and a Bitcoin ETF: This Week in Crypto
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is up 2.69% this week to $ 6,700 surpassing $ 6,500 late last week after oscillating between $ 6,300 and $ 6,400 before flirting
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Short Interest Soars to New Highs as XRP Surges 56% This Week
It has been an incredibly bullish week for XRP, the cryptocurrency managed by leading blockchain startup Ripple. The price of XRP is now up over 56% in the past week, surging over 30% in the last 24 hours alone. This run-up has been driven by speculation from a series of announcements made by Ripple. This includes […]
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Here’s What’s Caused XRP To Skyrocket This Week
XRP has flown upwards this week, after various news reports and positive announcements. For the first time in quite a long time, XRP seems to have embarked on an upswing. Of course, the climb was limited by the overarching negative trend of the markets, but this didn’t stop XRP moving from a low of $ 0.255, up to a weekly high of $ 0.333.
By all accounts, this week’s high is the highest figure recorded for XRP since the very start of September.
Continue reading Here’s What’s Caused XRP To Skyrocket This Week at Crypto Daily™.
This Third-Party DApp Lets You Tokenize Your CryptoKitties
So you spent upwards of $ 100,000 to purchase one of the hottest digital felines on CryptoKitties — now what? That’s the question plaguing many users of CryptoKitties, which remains the most popular decentralized application (dApp) on Ethereum, per DappRadar, but — despite receiving $ 12 million in venture funding — is struggling to grow its active
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Does This Market Indicator Confirm the Novogratz Predicted Rebound?
Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point. What will Monday bring? Is the market still too bearish?
Bitcoin Could Have Oversold
According to a Friday report from Bloomberg, a key market sign — the Williams %R Indicator — is showing that the market for Bitcoin (BTC) 00 has “oversold.”
This may portend that the great Bitcoin selloff is finally over. The Williams %R Indicator moves between a level of 0 and -100, showing an overbought or oversold market.
This Dormant $720 Million Bitcoin Wallet Has Woken Up – But Who Owns It?
Once again in the world of cryptocurrency, we have a mystery on our hands. A $ 720 million sleeping giant has woken up after four years, with $ 100 million moved to Bitfinex and Binance over the course of ten days at the end of August. The bitcoin wallet contains 111,114 BTC or 0.52% of the total supply. The sudden
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This Ethereum Wallet is Targeted by More Attackers than Fortune 500 Banks
Popular Ethereum wallet MyEtherWallet (MEW) has recorded more attempted attacks by hackers than Fortune 500 banks, according to reports from leading cybersecurity firm Segasec. Segasec has been responsible for defending MEW from malicious attacks. Such attempted attacks don’t come as a surprise, knowing the amount of valuable Ethereum tokens accessed through the MEW platform. As
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Blockchain Showdown: NEO Set to Debate Ethereum This Week
The stage is set for Ethereum (ETH), the largest smart contract platform in the world, to debate NEO (NEO), largely considered the Ethereum of China, this upcoming week. You know something about ethereum, but how much do you know about @NEO_Blockchain ? The two chains meet to talk platforms, communities, and ecosystems. pic.twitter.com/kUnTS8wIgd — Wong […]
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Proof of Use? Civil Believes This ICO Model Lets It Sell Anyone Tokens Legally
Amid regulatory uncertainty, the ICO industry has all but cut off retail investors. But will a new model open it up again? Civil is testing it.
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Sharding, True USD Launches and More Custody Players: This Week in Crypto
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is up 5.46% this week to $ 6,500 after a somewhat tumultuous week. On Monday, we reported that despite Bitcoin’s
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3 Cryptocurrencies Ready to Beat Bitcoin This Week: VIBE, LSK, and ETH
Every week provides unique opportunities that can provide returns unseen in most financial markets. The majority of FUDsters do not even realize Bitcoin is still positive percentage wise, year to date. However, as Bitcoin fluctuates, altcoins fluctuate even more significantly. This week three altcoins require immediate attention: VIBE, LSK, and ETH.
Choppy Market
If a bull run was around the corner, this would be the corner it was around. Most ‘experts’ in the field from CZ (of Binance) to the majority of the crypto funds have stated this 8-month bear market is likely to reverse between Quarter 3 and Quarter 4 of 2018. The reason for this reversal in market sentiment? Likely a plethora of catalysts driving BTC and the entire altcoin markets higher.
CarbonUSD Among 3 Stablecoins Launched This Week
It’s a busy week for believers of stablecoins.
Carbon launched on Wednesday the third stablecoin making its debut this week — joining Gemini dollar and Paxos. On Sept. 10, Gemini and Paxos were approved by New York State Department of Financial Services (NYDFS) as regulated stablecoins, a move widely-hailed by fintech enthusiasts.
CarbonUSD runs on Ethereum blockchain. Carbon chief marketing officer David Segura says the firm’s digital coin is a “compliant, price-stable cryptocurrency that is one-to-one backed with [U.S.
Continue reading CarbonUSD Among 3 Stablecoins Launched This Week at Crypto Daily™.
This Top-100 Altcoin Has Pumped 60% in the Last Day
The price of Aurora (AOA), a blockchain platform that leverages a delegated proof of stake (DPOS) and Byzantine fault tolerance (BFT) consensus mechanism, has gained 60% over the past 24 hours. After hitting a low of $ 0.008688 Wednesday, AOA has rebounded to $ 0.014648 and currently has a market capitalization of roughly $ 49 million, making it the […]
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This Canadian Town is Coughing Up Bitcoin After Ransomware Attack
A town in the Ontario Province of Canada has decided to pay hackers the ransom they are demanding in bitcoin in order to get its computer network working again. Midland, which has a population of over 16,000, had its computer systems breached and infected with ransom malware that encrypted files at the beginning of the
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72% of Cryptocurrency Investors Plan to Buy More this Year: Survey
A majority of accredited cryptocurrency investors and nearly three-fourths of retail investors plan to increase their cryptocurrency holdings in the next 12 months, a new survey suggests. That survey, conducted by securities trading platform SharesPost in July and eliciting responses from 2,490 retail investors and 528 accredited investors, found that current cryptocurrency owners remain highly-bullish
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This New Bitcoin ‘FUD Dice’ Makes Paul Krugman Obsolete
As cryptocurrency prices continue to trigger Bitcoin naysayers, data monitoring site Coinmetrics.io co-founder Nic Carter has sought to rebuff them once and for all – with FUD dice.
‘You’ve Heard Of Bitcoin. You Do Not Like It’
A part of a tongue-in-cheek blog post September 9 aimed at famous crypto critics such as economists Robert Shiller, Paul Krugman, Warren Buffett, and Nouriel Roubini, Carter unveiled what he calls “thought-free thinkpieces” ostensibly aimed at helping them form fresh criticism.
“You’ve heard of Bitcoin. You do not like it,” he writes addressing his target market.
SEC Hires, Exchange Rumors, and Bitcoin Price Woes: This Week in Crypto
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is down 11% this
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This Wall Street Brokerage Firm Now Offers Daily Crypto Research Reports
Wall Street brokerage firm EF Hutton will now offer monthly subscriptions to investors interested in gaining knowledge of the highly volatile cryptocurrency market via high-level research reports. According to a recent announcement, the firm will now cover and rate the following digital currencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS (EOS), Litecoin (LTC), Bitcoin Cash (BCH), Cardano […]
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