We all know Wall Street makes Billions of dollars every year with Investment Banking, Sales & Trading, and the Financial Quants taking most of the credit. But there’s another less prominent area within the top Investment Banks that quietly makes a lot of money. A LOT OF MONEY! This area was recently exposed in…
Ripple XRP extends the downward trend in Tuesday trade, dropping more than 29% following renewed concerns over the potential ban from South Korea and China. Ripple is the most widely traded cryptocurrency in South Korea. Thus, its price plunged more than the other largest digital currencies on South Korean concerns. In Tuesday trade, bitcoin and…
Blockchain technology is huge. Some even call it the mastermind behind digital currency Bitcoin; so are we really surprised that dozens of companies are starting to move into the Blockchain industry? Not really. Blockchain Technology within the Corporate World Not only is working with Blockchain going to prove to beneficial for companies in the long-run,…
The cryptocurrency market has lost over $100 billion dollars overnight and Bitcoin (BTC) and many altcoins have lost close to 40% in value. Many new cryptocurrency investors have begun to panic and are frantically searching for an explanation. The chart below depicts a trending sell off the past four years around the ramp up to…
Bitcoin price plunged below 16% in Tuesday’s trade alone, driven down by the potential ban from South Korea and China. After a brief rally in yesterday’s trade, the largest digital currency experienced a massive loss in value, amid fresh comments from South Korean minister regarding the possible ban on cryptocurrency trading. Bitcoin price dipped to…
Verge (XVG) Up By 600% In One Month, Could It Be The Next Monero? A cryptocurrency that has been soaring for the past month is Verge (XVG), up by 600% over the last 30 days, now trading at $0.131028 as of 2 p.m. CST. Source: Coinmarketcap.com What Is Verge? Verge is a blockchain-based cryptocurrency that…
As the first Ethereum-based cryptocurrency centered game has all but simmered away, a new more in-depth game has emerged. Cryptokitties showed that there was a market need for gamified crypto assets, as nearly $19 billion USD sold, in these digital cats. However, the game lacked depth and game mechanics and World of Ether seeks to…
After posting big losses in the last couple of sessions, bitcoin gained a lot of momentum in today’s trading, jumping almost 5% from the previous close. It is currently trading above the $14,200 mark with a market capitalization of $236 billion. Source: CoinMarketCap However, three other major cryptocurrencies have been struggling during Monday’s trading, due to…
Many new TRON (TRX) investors seem to be at their wits end with the current bearish fall of the cryptocurrency, that once saw daily gains over 100, a few days in a row, in the first week of January. Justin Sun, TRX’s cryptocurrency founder, has a very impressive resume with being named in Forbes’ 30…
Bitmain Considers Expanding Bitcoin Mining Into Quebec, Canada According to a report by Reuters, Chinese mining giant Bitmain Technologies is looking to expand its bitcoin mining operations into Quebec, Canada as the company seeks alternatives amid expectations of a possible crackdown by the Chinese government on anonymous trading of cryptocurrencies. China is currently home to…
