Coinbase updating coins: Three days ago the largest cryptocurrency exchange operating in the United States announced that it is exploring five new cryptocurrencies to add to its platform, including Stellar (XLM) and Cardano (ADA). Today we are announcing that we’re exploring the addition of the following assets to Coinbase: Cardano (ADA), Basic Attention Token (BAT), Stellar…
In 2017, initial coin offerings (ICOs) were the most popular funding method for new cryptocurrency projects. The amount raised by blockchain startups through token sales surpassed that of venture capital investments by 3.5x times. With many compliance issues still unresolved, however, a raft of variations on the ICO model continue to emerge. What are ILPs?…
It’s the Crypto World Cup Finals! And the crowds go wild! Charles Hoskinson is facing off against Charlie Lee in what is perhaps the biggest and most highly anticipated crypto competition EVER. It all comes down to this. Who will be victorious? Who will win the cup? Time to find out crypto fans! Charles Hoskinson…
Yet again, the SEC is seeking public feedback on an application for a Bitcoin-backed ETF (Exchange-traded Fund), that would provide investors with direct exposure to cryptocurrency – rather than just tracking price movements as a derivative. The call for comment was made in response to a proposal submitted by Chicago-based derivatives exchange CBOE (Chicago Board…
63 games down and one more to go. Earlier, the Crypto World Cup third-place match took place, and, after a middling match, Satoshi Nakamoto secured the title of third place. Some argue that the third-place game in the Crypto World Cup means nothing; after all, it’s not like the winning crypto player gets a bronze…
In the latest lawsuit against the firm, a private investor alleges that Ripple have conflated the XRP token with the Ripple transaction technology, making them guilty of both price manipulation and illegally trading securities. Filed in the state of California, the plaintiff David Oconer claims that XRP has “all the traditional hallmarks of a security”, without…
Augur (REP) is a decentralized prediction marketplace that is designed to forecast, and communicate, the outcome of an event based on a majority consensus principle. The above is an example of an Augur market. a user can either set up an event, or, if it exists already, directly participate in it. It is very important…
India: An Indian official has redacted the government’s “official” blanket ban on cryptocurrencies, saying “I don’t think anyone is really thinking of banning it (cryptocurrencies) altogether”. Instead they could be classified as commodities, the official told Quartz. In April, the Reserve Bank of India (RBI) issued a mandate to banks to cease facilitating services to customers involved…
Cryptocurrency trading has always been fundamentally different from traditional finance in lots of ways. It’s more inclusive, easier to make big and quick gains, has lower barriers to entry, and doesn’t require huge startup costs. Maybe these are the reasons why crypto has been so fiercely and constantly undermined by the elitist financial class ever…
The cryptocurrency market trades globally 24 hours a day. Anyone who has been watching the price of Bitcoin understands the price moves very fast. Realize that people are always driving the price changes, and people are not always rational, not always emotional, but are rarely random. Since people are driving the price, the price patterns…
