The cryptocurrency market corrected somewhat over the weekend but has since made its way back up. It is now sitting over the $400 billion mark, the first time the market has broken over this price threshold in 7 weeks. Presently, Bitcoin (BTC) is just below the $9,000 mark and Ethereum (ETH) is sitting under $650. Today, we’re taking a…
The cryptocurrency sector is a fundamental part of our world. Some people love it, others hate it, but that doesn’t stop the crypto wheels from turning. Now, it seems like every week someone new joins the conversation and expresses their own opinion on the crypto space. The latest to do so is Tim Draper, a…
Coins on the crypto markets are seeing both red and green today. Bitcoin (BTC) and Ripple (XRP) are in the red zone, while Icon (ICX) and NEO have moved into green territory. The latter coins are what we are going to focus on today. Icon (ICX) Icon (ICX) is making waves in the market today,…
Coinbase has blocked Wikileaks. The controversy broke out over the weekend, so what happened? Let’s dig in. According to WikiLeaks, Coinbase suspended it from using Coinbase’s payments services. WikiLeaks tweeted out the message it received from Coinbase, which stated that some of WikiLeaks’ activities were “in violation of [Coinbase’s] Terms of Service.” ANNOUNCE: Coinbase has blocked…
Litecoin’s speed and cost-effectiveness were displayed only a few hours ago and has given weight once again to the idea that “Cryptocurrencies will replace traditional money transactions in the future”. This statement is often repeated by enthusiasts every day but is ridiculed by supporters of conventional monetary systems. Social media went wild due to a multi-million dollar transaction…
JPMorgan Tests Blockchain Platform: Is Canada taking its interest in blockchain technology to another level? Looks like it. On Friday, JPMorgan Chase announced that it tested a new blockchain platform this week, alongside the National Bank of Canada and other members of the banking industry. This is a pretty significant announcement, both for the banking sector…
In a move it says is designed to “improve accountability of major cryptocurrency trading platforms [and] protect virtual currency investors” the office of New York Attorney General Eric T. Schneiderman (OAG) has asked most of the big name crypto exchanges operating in the US for detailed information on their operations, internal controls, and customer asset…
Bitcoin (BTC) has risen 30% since April 12th, with most of those gains occurring in two days. The market cap now stands at US$151.23 billion, with US$2.44 billion traded in the past 24 hours. The networks hash rate and difficulty continue to increase month over month. This trend should continue unabated, with several new mining…
The term ‘Whale’ comes from the traditional financial markets and was recently used in mainstream media to describe former J.P. Morgan trader, Bruno Iksil, a.k.a the “London Whale”, who generated a loss of $6.2 billion trading credit derivatives for the bank’s Chief Investment Office (CIO). In light of the relatively small size of the crypto asset…
It has been a slow dawning but it would appear Paypal is fading further into redundancy with an announcement that it will be raising its transaction and credit/debit card fees. It certainly would have been bullish news for the crypto market which has been rallying this week, and most of all Ripple (XRP) which would be…
