News

In the midst of a bearish week, the global cryptocurrency market begins to bounce back. In the past 24 hours, the total cryptocurrency market cap has gained $5 billion. At press time, 79 of the top 100 cryptocurrencies by market cap are in the green.

Despite a recent market downturn, cryptocurrencies continue to make regulatory progress. Starting June 14, Paxos Trust Company will make Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumens available for OTC trading on their itBit digital asset exchange. Early Bird Authorization by NYDFS Joining a short list of exchanges authorized to trade cryptocurrency, Paxos Trust Company was approved […]

Six months ago, Western Union began testing Ripple’s XRP for payments, but the money transfer company states it has yet to see any financial benefit. Ripple’s technology is geared towards larger financial institutions and claims its blockchain technology and digital currency, XRP, provides a cheaper and faster way to transfer money internationally. Western Union is […]

Billionaire venture capitalist, Tim Draper, has reiterated his prediction that Bitcoin will reach $250,000 by 2022, stating that “fiat is the past,” with both crypto and Bitcoin being the future. Draper’s predictions, made during a June 12th interview with The Street, come during a rough week for cryptocurrencies in general. With the value of Bitcoin […]

Global logistics giant DB Schenker is to launch a supplier evaluation system on the VeChainThor platform — the first of its kind, according to the Singapore-based blockchain. VeChain has co-developed a dApp with DB Schenker, one of the world’s leading logistics providers. On top of other supply chain offerings, this solution tracks their third-party logistics […]

The US SEC has again clarified its position on both Ethereum and Bitcoin, stating that neither cryptocurrencies are securities. The announcement, made by SEC Corporate Finance Division head William Hinman, has addressed one of the most pressing issues in the crypto market at the moment, has catalyzed a return to positive market action. Hinman’s statements, […]

A new investigation conducted by University of Texas researchers reveals compelling evidence that the meteoric rise of Bitcoin and other cryptocurrencies in late 2017 is linked to price manipulation executed by individuals using Tether to create artificial market demand. The study, entitled “Is Bitcoin Really Un-Tethered?,” was composed by University of Texas professor of Finance […]

Attracting a primarily youthful audience, gaming and cryptocurrency go hand in hand. Based in China, Fujian eGaming Tournament Group has partnered with Asura World LLC to fund prize pools using cryptocurrency, Asura Coin. Common Goals, Greater Exposure Fujian eGaming is teaming up with NEO-based eSports platform, Asura World LLC to incorporate China’s first gaming reward system […]

For many, 2018 is considered the year of the blockchain. The technology took a considerable step forward in enterprise adoption and was even praised by a bipartisan collection U.S. Senators – an impressive accomplishment in its own right.  Blockchain’s strong year continued when The Wall Street Journal released its annual list of “Tech Companies to […]

With growing popularity in the global mainstream, cryptocurrency media coverage is at an all-time high. Thomson Reuters partnered with MarketPysch Data LLC to offer investors sentiment data analysis for the top 100 cryptocurrencies by market cap. Meeting Rising Demand Multinational media firm, Thomson Reuters recently launched the MarketPysch Indices (TRMI) package – a data analytics […]