Crypto News
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Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’
Iran’s national currency has crashed to its record low against the U.S. Dollar as the country prepares to face economic sanctions imposed by the Trump administration. The Iranian Rial, which was just beginning to gain momentum after years of depreciation, set a new low on Monday, trading on an average at 100,000 Rials on the […]
Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected
Over the past 24 hours, the valuation of the crypto market has dropped slightly from $300 billion to $295 billion, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week, dropped substantially […]
Movers of the Day
Tokens that moved the most in the last 24 hours: Up Token (UP) GameCredits (GAME) Dock (DOCK) Dock got listed on Binance. It seems that the first enthusiasm was flushed. Decision Token (HST) MobileGo(MGO) Just want to let everyone know that my planned AMA is live. https://t.co/PntbrJ8op5 — Jack Kuveke (@jack_kuveke) July […]
Tron Price (TRX) Rises Nearly 10% Despite Stagnant Market
The Tron price strengthened against the U.S. Dollar on Sunday, helped by strong fundamentals, while the rest of the cryptocurrency market remained stagnant. Tron Price: Technical Indicators According to the data available on Bitfinex, Tron’s TRX token jumped 8.5% against USD, while other top-tier cryptocurrencies, including bitcoin and ethereum, continued to trend sideways. From the […]
Vancouver Bitcoin Mining Firm Installs 85 MW Substation to Power Massive Expansion Plans
Vancouver-based DMG Blockchain Solutions Inc. recently announced that it had begun the installation of its 85-megawatt (MW) capacity substation, which will power the expansion of its crypto mining facility. The new 85-megawatt capacity transformer and electric substation will be connected to the utility power grid when completed, and it will help expand its product offerings. […]
Bitcoin Price Headed to New Highs: Crypto Hedge Fund Manager Spencer Bogart
We appear to be in the season of predictions as various stakeholders in the bitcoin ecosystem are finding their voices again. The reason for this isn’t far from the recent bullish run of the bitcoin price that has seen it test the $8,500 mark before retracing and trading around the $8,200 mark as at the time of […]
Crypto Exchange HitBTC Adds Support for Euro-Pegged Stablecoin ‘EURS’
There seems to be progress for the EURS stablecoin with the recent announcement that an institutional investor had snapped up a $10 million stake in the coin just a few days after it’s launching in Malta. Now, the coin achieved another milestone when it was recently revealed that the world’s first crypto EUR to crypto […]
Crypto Market Rebounds, Bithumb Drives Kimchi Premium Up 50%
Bithumb, formerly the biggest crypto exchange in South Korea, has driven the Kimchi Premium up 30 percent on major tokens, inflating the price of cryptocurrencies. Bithumb, the Bad Actor Bithumb was hacked for $40 million. The Financial Services Commission (FSC) and Korea Financial Intelligence Unit (KFIU) were involved in the investigation of the Bithumb hack […]
Chinese Social Network Tianya is Launching a Native Cryptocurrency
The Tianya Community in China, a social network of 130 million users that seeks to create the country’s most influential platform for content and knowledge creation, has announced a blockchain based initiative to rebuild its ecosystem. The new ecosystem will launch on Aug. 8 and will make use of a blockchain based token, TYT, according to […]
U.S. Congress Should Make Cryptocurrency a Key Focus: House Rep.
At a Congressional hearing earlier this year, a key member affirmed his intention “to not sit by idly” while the cryptocurrency investors remain unprotected. That congressman, Rep. Bill Huizenga (R-MI), has once again called Congress for oversight of what he believes is a “muddled and fairly opaque” cryptocurrency market. A contender to lead the House […]
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