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According to Timothy Peterson, an investor at Cane Island Alternative Advisors, the Bitcoin price could drop to the $6,000 region due to the gap between BTC and GBTC. Historically, Peterson said that the bitcoin price has followed the trend of the premium of the Grayscale Bitcoin Investment Trust (GBTC), an investment vehicle used by accredited […]

In a live AMA session led Cardano’s senior product manager David Desser, the company’s team revealed the current status and plans for the launch of the Shelley incentivized testnet. Shelley’s incentivized testnet off to a great start Ambitious research-oriented blockchain Cardano celebrated its second birthday this month, the two years of extensive research culminating in […]

The entities behind Telegram and its $1.7 billion ICO were hit by an emergency action and restraining order by the SEC for failing to register its Gram token as a security. The U.S. Securities Exchange Commission is alleging that the companies behind Telegram and its initial coin offering have been conducting an unregistered securities offering. […]

The chairman of the U.S. Commodities and Futures Trading Commission (CTFC) gave verbal confirmation that Ether is a commodity and that he expects an Ethereum futures contract will soon be launched in the United States, as reported by Yahoo Finance. Speaking at Yahoo Finance’s annual All Markets conference in New York, Chairman Heath Talbert emphasized […]

A number of technical indicators are signaling that the entire market is susceptible to a downturn over the next few days, or even hours. Here are different scenarios for Bitcoin, Ethereum, XRP, and Litecoin and where they could be heading next. Bitcoin  In the last five days Bitcoin surged over 13 percent from a low […]

VanEck, known as the first U.S. investment manager to bet on gold before it broke from the gold standard, produced a report pitched at institutional investors arguing Bitcoin has “monetary value” and can improve portfolio upside. Released Wednesday by the New York-based firm, “The Investment Case for Bitcoin” outlines an exhaustive list of reasons why […]

The launch of OpenLibra, a permissionless and open-source fork of Facebook‘s cryptocurrency, was overshadowed by fraud accusations toward one of the core team members. Crypto startup Wireline casts shadow on OpenLibra launch This year’s Devcon served as a springboard for news in the crypto industry, including the launch of OpenLibra. The project is a permissionless and […]

Whether you love it or hate it, cryptocurrency is here to stay. Managed by decentralized networks spread out across the entire globe, the world’s cryptocurrencies are uniquely useful and polarizing at the same time. There is no single uniform international legislation to designate how digital currency can and can’t be used, so that leaves each […]

The transaction volume of dapps built on 6 main blockchains went down 40 percent in Q3 2019, while just 148 new dapps launched in the whole quarter. According to the report from Dapp Market, crypto gambling apps and DeFi accounted for the majority of the transaction volume, leaving many to wonder whether dapps have had […]

At the 2019 Devcon in Japan, the Ethereum community was optimistic about the launch of the network’s second iteration, seemingly untouched by the latest controversy surrounding claims made by Ethereum’s founders about its inability to scale and grow. No controversy big enough for Ethereum fans While much of the crypto industry seemed shaken by the […]