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Ethereum holders may be holding their breath for an impending market bottom, but BitMex CEO Arthur Hayes has dubbed the second-largest cryptocurrency by market capitalization a “double-digit sh*tcoin” destined for sub-$100 levels. Making the colorful description in BitMex’s newsletter, Crypto Trader Digest, Hayes used his typically unrestrained voice to argue why Ether’s success in 2017 […]

Toshi’s refreshed image, unveiled Aug. 15, will aid in Coinbase’s effort to “invest in products that will define the future of the decentralized web.” Say Farewell to Toshi In a blog post published Aug. 15, Coinbase has revealed that its crypto wallet Toshi will be rebranded as Coinbase Wallet. According to the post: “This is […]

The popular mobile payment service Square has announced that consumers across all 50 U.S. states can now use the Cash App to purchase and sell Bitcoin (BTC). Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 BTC Across the […]

Earlier this month, High Times magazine announced that they will be accepting cryptocurrency as the first-ever Nasdaq IPO to do so. However, a recent SEC filing reveals that High Times will not deliver on its benchmark promise and will only accept fiat investments during its upcoming public offering. High Times Not Accepting Crypto After All A […]

Since the start of 2018, the overall cryptocurrency market has struggled to maintain a recovery from its multi-month downtrend. In accordance with increased selloffs, companies heavily vested in the nascent digital asset class are starting to face drawbacks. Overstock Shares Plummet Despite tZERO Investment Online retail giant Overstock.com Inc. entered the cryptocurrency sector when it […]

Last month, Tron Foundation CEO Justin Sun acquired distributed technologies giant BitTorrent, which, on Aug. 14, the Tron community elected as one of 27 super representatives on the network. BitTorrent Becomes Tron Community Leader Taking to Twitter, Aug. 14, Tron announced that BitTorrent had garnered the 100 million votes needed to become a network super […]

Bittrex, one of the largest cryptocurrency exchanges within the U.S., revealed that it has partnered with CatalX to bring Bittrex tech into Canada. We’re excited to announce a partnership with CatalX that will launch a new Canadian digital asset trading platform. Beta platform launches on Aug. 27. Details: https://t.co/ESUAKFOSnp pic.twitter.com/Ka6ZvPeVs6 — Bittrex (@BittrexExchange) August 15, […]

Last month, Bitwise Asset Management submitted an application for a top-10 cryptocurrency ETF. Announced Aug. 15, Bitwise is now launching three new indexes covering the small-total cap segments of the overall cryptocurrency market. Bitwise Expands Crypto Index Family Bitwise Asset Management subsidiary Bitwise Index Services LLC is set to launch three additional index funds for […]

The vast number of ICOs built on the Ethereum platform were seen as a catalyst for 2017’s ether bull run. Now, lack of activity from any enterprising project is said to result in the protocol token’s price fall. ICOs Causing the Fall As reported by Bloomberg, Aug. 14, token issuance projects using the Ethereum blockchain were […]

Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid. Two-Faced Banking Show The CEOs of two […]