News

Asset management giant Fidelity Investments has established a U.K. entity for its cryptocurrency business with the intent of gaining a foothold in Europe, the move coming days after British Prime Minister Boris Johnson led his pro-Brexit government to victory in a snap election. Fidelity’s new U.K. arm was incorporated December 16 and will be used […]

2019 will go down as the year when the world went digital currency crazy. Not crypto crazy (that was 2017), but crazy for issuing national and corporate digital coins. Facebook. China. Canada. Thailand. The list of countries and companies experimenting with digital currencies is long and incongruous. On the surface, entities such as Facebook and […]

Once again, Bitcoin (BTC) has started to slip. After trading above the key $7,000 support for days on end, the cryptocurrency slipped on Monday, tumbling to $6,800, then $6,700 on Tuesday. Right now, bears still seem to be in full control of the crypto market, having pushed BTC from $14,000 to $7,000 over the past […]

We’re at the forefront of a new financial system built on public blockchains with over $685M (USD)​ already locked up in decentralized finance (DeFi). These solutions are built on smart contracts, which are simple programs designed to automatically execute once a specified criterion is satisfied. However, the data that decides this makes for a vulnerable […]

If you’ve perused the annals of Bitcoin, you’ve likely heard the term “SegWit” or “Segregated Witness” mentioned many a time. SegWit, for those unaware, is a controversial scaling technology that effectively reduces the computational size of Bitcoin transactions, allowing for more transactions to be fit into each block and for users to send the cryptocurrency […]

Bitcoin’s recent price action has been firmly controlled by sellers, who have been able to successfully push BTC down to its November 25th lows of $6,500 that were previously viewed as a potential long-term bottom for the cryptocurrency. Now that Bitcoin is back at this level, there are a couple key price levels that analysts […]

As Bitcoin approaches the $6,500 support level, some of the most prominent analysts in the industry believe that a market bottom could be near just like it happened over a year ago. History tends to repeat itself After reaching an all-time high of $19,890 on Dec. 17, 2017, Bitcoin went through a steep bear market. […]

Despite many believing it to be the future of fundraising, initial exchange offerings (IEOs) suffered major losses in 2019. According to the latest report from Blockchain Capital, the overwhelming majority of market returns from IEOs came from just one exchange—Binance. Data shows exchange offerings generated huge losses for investors Following the initial coin offering (ICO) […]

Seattle-based cryptocurrency tax analysis firm ZenLedger has raised $3.35 million in a seed round after processing more than $1 billion crypto transactions. ZenLedger’s investors include Vestigo Venture, Castle Island Ventures, Gumi Cryptos, Unblock Ventures (Line Messenger), and Migration Capital. Following the release of the first cryptocurrency tax guideline by the Internal Revenue Service (IRS) in […]

Bitcoin is back below $7,000 after plummeting 5.72 percent in the last 21 hours. As the market shivers in “extreme fear” based on the Crypto Fear and Greed Index (CFGI), IntoTheBlock estimates that the feeling around the flagship cryptocurrency is “mostly bearish.” The current state of the market On Dec. 16, Bitcoin went from trading […]