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PayPal CFO John Rainey Rejects Bitcoin as a Reliable Currency

PayPal CFO John Rainey Rejects Bitcoin as a Reliable Currency

May 18, 2018News FeedNews, Uncategorized

Bitcoin price (BTC) is crashing instead of rallying: Bitcoin price has failed to generate gains for investors since Warren Buffett, and Bill Gates rejected the cryptocurrency markets two weeks ago. Bitcoin price lost almost $1,800 in the last two weeks.  Several other industry experts are also refuting bitcoin’s potential to work as an alternate currency.…

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Bitcoin Cash Update: CNBC’s Poll Favor’s BTC over BCH

Bitcoin Cash Update: CNBC’s Poll Favor’s BTC over BCH

May 18, 2018News FeedUncategorized

CNBC’s poll was another blow to Bitcoin Cash enthusiasts on top of an already declining coin price. Bitcoin Cash price declined at a robust pace in the last two weeks despite its anticipated hard fork event. The fourth largest coin traded below $1,200 today for the first time this month. BCH coin had hit a…

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Trending Crypto News | May 14 – May 18

Trending Crypto News | May 14 – May 18

May 18, 2018News FeedUncategorized

The week is over, as is Consensus 2018 and NYC Blockchain Week, so there is a lot to reflect on. Without further adieu, here is this week’s trending crypto news!  Trending Crypto News | May 14 – May 18  Monday  Coins on the crypto markets started Monday both in the green and the red. While…

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Litecoin News: LTC Being Added to Wallet and dApp Browser Toshi

Litecoin News: LTC Being Added to Wallet and dApp Browser Toshi

May 18, 2018News FeedUncategorized

Toshi adds Litecoin: After listening to its customers, the wallet and dApp browser Toshi is going to be adding Litecoin (LTC) to its platform. Toshi Adds Litecoin One of the most common requests of Toshi was that it expand to other cryptocurrencies. Primarily, Toshi has been focused on Ethereum and Ethereum-based projects but it announced this week that…

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JP Morgan Creates and Appoints Strategic Director of Crypto Assets

JP Morgan Creates and Appoints Strategic Director of Crypto Assets

May 18, 2018News FeedUncategorized

According to a Business Insider report on May 17th, JPMorgan Chase, the leading US banking group and financial services company, recently created and filled a new position— the head of Crypto Assets Strategy. Crypto Assets Strategy Oliver Harris, 29, will assume this new role and report to Umar Farooq – head of blockchain development. Harris will also…

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XRP Weekly Wrap-Up | This Week’s Top Ripple News

XRP Weekly Wrap-Up | This Week’s Top Ripple News

May 18, 2018News FeedUncategorized

It’s Friday, which means it’s time to reflect on all that went on this week. What a week it was, too! Especially for Ripple (XRP). The crypto space saw some major Ripple news surface this week, and it’s important to review it. Why? So we’re in the loop when Monday rolls around.  First, however, let’s…

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What is EOS? Block.one Explains EOS Project Through Series of Videos

What is EOS? Block.one Explains EOS Project Through Series of Videos

May 18, 2018News FeedUncategorized

The EOS team has been releasing videos all week about the project, making it a great time for beginners to check out the EOS blockchain. We’re here to help break things down even further – what is EOS? Let’s find out. Who is Launching the EOS Blockchain? It’s not Block.one, if that’s what you’re thinking.…

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Bitcoin Cash Price Watch – BCH/USD Declines Further, Now Below $1,200

Bitcoin Cash Price Watch – BCH/USD Declines Further, Now Below $1,200

May 18, 2018News FeedUncategorized

Key Highlights: Bitcoin Cash continued its decline this week, falling below the $1,200 mark. BCH/USD failed to break above its previous resistance level of $1,290 despite a minor upside correction. BCH/USD is currently on a bullish run that could retest the $1,200 price level. Bitcoin Cash Price Declines Below $1,200 On Friday morning, Bitcoin Cash…

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Bitcoin Price Watch – BTC/USD Declines Further, Drops Below $8,200

Bitcoin Price Watch – BTC/USD Declines Further, Drops Below $8,200

May 18, 2018News FeedUncategorized

On Friday morning, Bitcoin price continued its downward movement from earlier this week, falling below the key support level of $8,200. At one point, BTC/USD was below $8,000; a one-month low. The coin hasn’t been able to break above the key resistance of $8,500 for the past three days. Currently, BTC/USD is trading at around…

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IOTA News: New Partnerships, Qubic Video Out, Coin Down

IOTA News: New Partnerships, Qubic Video Out, Coin Down

May 18, 2018News FeedUncategorized

IOTA News: It’s yet another sea of red today on the crypto markets. IOTA (MIOTA), ranked as the 8th largest cryptocurrency, is currently down nearly 10%. Why? Likely because of the overall decline that the crypto markets are experiencing. Most major virtual currencies are down.  What happened with IOTA, though? Did the IOTA Foundation announce…

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