Cryptocurrency markets are under pressure for the third straight day after hitting the two months high on Sunday. Positive reports — including the potential launch of cryptocurrency trading on Wall Street and the upcoming Consensus Conference beginning May 14 — don’t seem to be having any influence over the market. Could it be that the good…
In a split crypto market, which direction are EOS, Cardano (ADA), and NEM (XEM) headed? EOS EOS is currently selling for $18.07, which puts the coin down 0.83% in the past 24 hours. Source: CoinMarketCapEOS announced the launch of its EOSIO StackExchange site for the Private Beta Phase. “This is possibly the most important phase…
The Tron (TRX) main net launch is just weeks away. The Tron team has made a concerted effort to inform its investors of the migration of its token to its platform. Which is a night and day difference from what the EOS team has currently done. Both coins are ERC20 tokens and will be migrating from the…
Ripple (XRP) & Litecoin (LTC) – There is not much going on in the cryptocurrency world this morning in regards to big news or new regulations implemented. Currently, the entire market is sitting just over $430 billion with $22 billion in trading volume within the last 24 hours. The only news currently circulating that remains…
IOTA is designed to usher in machine-to-machine payments and data transfer in the Internet-of-Things economy. The new protocol promises to fix the scalability issues that ail blockchain technology with fast, zero-fee, quantum-immune, and secure transactions. IOTA was founded in 2015, by entrepreneurs David Sønstebø and Dominik Schiener, and mathematicians Sergey Ivancheglo and Serguei Popov. Ivancheglo…
And relax. After the much-anticipated and widely-disseminated story that US regulators were to convene on Monday to decide Ethereum’s future as either a security or a utility token, the price of ether has been on a steep ride which ended Monday when the meeting transpired to be fake news. The crypto sector has been on…
As prospectors searched for the next big cryptocurrency in the gold rush of the 21st century, unbridled market confidence in ICOs created an environment in which the traditional metrics of investment analysis were discarded in favour of a conviction in blockchain that verged on religious fervor. However, it seems that fervor has subsided. Stats from…
Warren Buffett criticism: Warren Buffett, the legendary investor, has frequently been criticizing the cryptocurrency markets. The chairman of Berkshire Hathaway doesn’t have any enthusiasm in the emerging market. He believes cryptocurrencies are neither an asset nor a currency. And thus, he thinks it shares similarities more towards gambling and not investing. The major reason…
The rising popularity of bitcoin in recent days does not seem to be subsiding. According to Tom Lee, CEO of Fundstrat, Bitcoin could boost its bullish behavior thanks to the annual “Consensus Summit” conference. According to an article published by Bloomberg, an analysis conducted by the firm concluded that after each conference, confidence in the…
Congress blockchain meeting: There is a lot of news getting pumped out into the world right now. In the crypto space, however, all eyes are on the Congressional subcommittees that are meeting today, to discuss blockchain. Congress Blockchain Meeting Today, a pair of Congressional subcommittees will meet to discuss blockchain technology. The session will focus…
