Bitcoin (BTC) price has been facing stiff resistance from bears in creating a sustainable rally above the $7000 mark over the last week. BTC price crossed the $7500 level during Wednesday trading before plunging back to $6600 on Thursday; the coin trades around $6700 today and the market pundits envisage BTC price to make further…
TRON (TRX) price moved back sharply today after hitting the $0.05 level during Thursday’s trade. The coin lost more than 8% of value to $0.038 in the last twenty-four hours, down 11% in the previous seven days. TRX coin has been in the news over the last couple of weeks, amid several fundamental moves that…
The Japanese regulators of the Financial Services Agency (FSA) have done it again. Two more crypto exchanges have been given a notice to suspend all trading activities. Another exchange was sent a business improvement notice by the government body. The biggest Japanese crypto exchange, Coincheck, may also be getting a new owner. Nikkei Asian Review…
In market cap terms Monero (XMR) is the biggest of the three leading ‘anonymous’ cryptocurrencies. At around 2.5 billion, it just edges out Dash (at 2.4 billion) and is roughly four times the size of ZCash (at 680 million). Sometime in the next 24 hours the Monero network is upgrading (nobody in the core team…
Wall Street analyst Thomas Lee believes that tax season will cause a massive crypto selloff, as reported by CNBC. Why? Because U.S. households likely owe as much as $25 billion in taxes on cryptocurrencies. Lee, the head of research at Fundstrat Global Advisors, predicts that this large amount will lead to people getting rid of their…
Welcome, Degens! Are you into arcade games, puzzles, scavenger hunts, and winning crypto? Then you might want to check out Pineapple Arcade. Pineapple Arcade is a collaborative effort by the Pineapple Fund, the developers behind the upcoming crypto RPG game Neon District, and the Atari movie. The Arcade is about opening up the space of…
Coinbase, the U.S’s largest cryptocurrency exchange that pulls in $2.7 million USD a day, just announced a huge move for their company today on CNBC’s Fast Money. The exchange’s COO and President, Asiff Hirji, debuted on the popular segment announcing the big news just now. The exchange will be launching their own venture fund, focusing primarily on…
Coinbase, the U.S’s largest cryptocurrency exchange that pulls in $2.7 million USD a day, just announced a huge move for their company today on CNBC’s Fast Money. The exchange’s COO and President, Asiff Hirji, debuted on the popular segment to announce his company’s latest endeavor. The exchange will be launching their own venture fund, focusing primarily on…
Is Japan Legalizing ICO’s? Japan has now proposed guidelines with the view of legalizing ICOs in the country. The proposal comes from the ICO Business Research Group, a Japanese government-backed group that’s part of the Center for Rule-making Strategies (CRS). The group released a report recently that offers “rules needed to establish ICO as a…
On Thursday morning, Bitcoin price dropped below $7,000 after topping that price level earlier this week. BTC/USD is now at around $6,700 as of 1 PM EDT. The price decline happened despite news coming out that Bitcoin tracking company Chainalysis just raised $16 million from Benchmark, the San Francisco venture capital that bet big on…
