Crypto News
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One of the First Bitcoin Miners is Quietly Cashing Out: Blockchain Researcher
As of Thursday, Sept. 25, the bitcoin price has climbed about 3 percent, briefly crossing the $6,700 level and extending toward $6,750 at one point in the early evening. While this movement has made plenty of cryptocurrency traders and investors happy in the short-term, a recent analysis of spending patterns relating to some of the earliest blocks […]
Google-Backed Fintech Startup Uses Bitcoin for Cross-Border Settlement
Veem, a cross-border payments platform that uses bitcoin to move funds among businesses without the need of banks, has raised $25 million in a round led by Goldman Sachs, according to Forbes. The service, which does not require either counterparty to hold bitcoin directly, has quadrupled its revenue in the past year. Also participating in the funding round were […]
Dell Has Blockchain Ambitions to Driver Server Expansion in India
Technology giant Dell has outlined plans to invest in emerging tech like blockchain to retain its top position in India’s server market. The comments surfaced in light of Dell’s ambition to retain its top position in India’s server market. The multibillion-dollar tech giant received requests from its clients for tapping modern server solutions, confirmed Manish […]
This Trader Shorted Bitcoin to $5,950 on CNBC, Bitcoin Price Now at $6,500
Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500. “I want to be a seller of the October contract. The Cboe Bitcoin futures, that is a single […]
Cryptocurrency is the ‘Natural Evolution’ of Money: Ethereum Co-Founder Joseph Lubin
ConsenSys founder and Ethereum co-creator Joseph Lubin recently expressed his thoughts on the “equal waves of fascination and skepticism” concerning cryptocurrency, in a Quartz op-ed publishedon Sept. 25. Lubin referenced a number of historical antidotes to assert that society has always been a bit skeptical towards those who come up with new concepts of money but argued […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are Triggers and Electroneum which has been super performer last two weeks and surged by 323%. All tokens and coins groups are green today and rose from 3.85% to 7.56 %. Again, the biggest move made “the big […]
This German Fintech Startup Will Let You Hold Bitcoin in Your Bank Account
German blockchain banking service Bitwala is set to launch the first-ever platform that will enable the management of both euro deposits and bitcoin funds within the same bank account. This system is planned to kick off by November with an estimated 30,000 customers who have already signed up for the service. The biggest initial investor […]
Japanese Giant SBI Plans Crypto Token ‘S Coin’ for Mobile Retail Payments
Japanese banking giant SBI Holdings has unveiled plans to launch “S Coin”, a cryptocurrency token for mobile retail payments. Announcing the news in a statement on Tuesday, SBI revealed that the proposed coin, which is the product of a partnership with DLT provider Orb and Glory Corporation, will begin a trial run from October 2018 as the company seeks […]
Game-Changer? Coinbase Overhauls Cryptocurrency Listing Process
Coinbase has announced a new procedure for listing assets with the sole purpose of speeding up the process of listing digital assets that meet the exchange’s standards, per a company blog post. The San Francisco-based company, which currently supports bitcoin and popular altcoins such as bitcoin cash, ethereum classic, and litecoin, says it’s getting tougher to list […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are ETERNAL TOKEN and CoinEx Token. Although CoinEx is the winner, it has fallen by almost 22% since 6 pm. Generally, the tokens and coins have been in a correction since 6 pm but gained in the last 24 hours. […]