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Month: April 2018

Bitcoin Price Dips Below $9,000 But Tron and Verge Continue to Record Gains

The bitcoin price has dipped below the $9,000 mark, recording a 4 percent drop in value overnight. Despite bitcoin’s struggle, several tokens including Tron (TRX) and Verge (XVG) have recorded major gains over the past 24 hours with XVG demonstrating a 10 percent increase in value. Best Performers: MANA, XVG and Tron The best performers … Continued

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Asian Cryptocurrency Trading Roundup May 1: Leading Altcoin is Verge

FOMO Moments For the second day now crypto markets have retracted slightly and selling pressure is still dominant. Total market capitalization remains over $400 billion for now which is still a good sign for the longer term recovery. However the board is red this morning and all cryptos aside from one or two have fallen.

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Bitcoin Price Analysis: $10K, Are We There Yet?

Will Bitcoin bore traders with a second day of sideways trading or are we bracing for the long-awaited breakout over $10k? Market Overview Bitcoin and other cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that Bitcoin has developed an impressive immunity against the usual correction triggers of tax selling, regulatory fears, exchange hacks and other FUD that have plagued crypto-markets since Q1 2018. In fact, at the moment

The post Bitcoin Price Analysis: $10K, Are We There Yet? appeared first on Bitcoinist.com.

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NEO, Stellar Lumens, Tron, Litecoin, EOS: Technical Analysis for May 1, 2018

The race for supremacy continues and here we have two coins out bidding each other: EOS and Tron. While we expect them to launch their mainnet in less than 40 days, their respective price spike means their valuation rank in the top 10. Because of this, ramping up buys whenever our EOS and Tron technical

The post NEO, Stellar Lumens, Tron, Litecoin, EOS: Technical Analysis for May 1, 2018 appeared first on NewsBTC.

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Circle Invest Adds Zcash Trading in Bid to Compete with Coinbase

Goldman Sachs-backed fintech startup, Circle has announced that it will be adding Zcash to its Circle Invest platform. The platform, released following beta testing in March, aims to compete with Coinbase, providing users with instant, commission-free crypto asset trading. It provides a simple service that lets users buy cryptocurrencies with ease. Circle Invest users can

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Introducing Bacoin, the new Porky Crypto from Oscar Mayer

Oscar Mayer, the famous bacon brand has created a new cryptocurrency called bacoin. The company made the announcement on April 30, introducing the new coin.  Bacoin: The First Ever Bacon-backed Crypto Bacoin is a promotional campaign cryptocurrency that is backed by real Oscar Mayer bacon. According to the company, the coin is as volatile as other cryptocurrencies. Commenting on the launch, Matt Riezman, brand manager at Oscar Mayer said that: Oscar Mayer is the gold

The post Introducing Bacoin, the new Porky Crypto from Oscar Mayer appeared first on Bitcoinist.com.

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UNICEF Wants to Use Your CPU to Mine Monero to Raise Funds for Children

UNICEF Australia, an organization that is dedicated to humanitarian aid for disadvantaged children, is shining the spotlight on a good cause while simultaneously seizing an opportunity for an added revenue stream through cryptocurrency mining. The agency has launched The HopePage, which is designed to use the CPUs of local website visitors to perform cryptocurrency mining,

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6 Reasons Why WAVES Is Undervalued Right Now

At just under $6.84 per coin, Waves (WAVES) is currently the 38th most valuable cryptocurrency by market capitalization. Given everything the platform has to offer, it’s rather obvious that the coin’s current price is incredibly undervalued. Here are 6 reasons why. Waves-NG is the Fastest Blockchain in the World It may only be 38th on CoinMarketCap.com, but Waves is #1 when it comes to blockchain transaction speed — thanks to its implementation a ground-breaking new

The post 6 Reasons Why WAVES Is Undervalued Right Now appeared first on Bitcoinist.com.

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US Central Bank Explains how Bitcoin is Like ‘Regular Currency’

Christine Smith, a content strategist with the Federal Reserve Bank of St. Louis, suggests bitcoin is less “exotic” and more boring than people may think. Bitcoin’s two use cases are as a store of value and a currency, the latter of which Smith uses to argue a trio of reasons why the leading digital currency

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Japan Could Pressure Exchanges to Drop Monero & Dash: Reports

A Japanese regulatory working group focussing on cryptocurrencies has suggested exchanges should not be “allowed” to trade certain altcoins including Dash and Monero. FSA Suggests Altcoin Squeeze As Forbes reports citing a meeting of the group, which consists of industry experts organized by Japan’s regulator the Financial Services Authority (FSA), the anonymity options such altcoins present could be grounds to banish them from the country’s burgeoning exchange sector. “It should be seriously discussed as to

The post Japan Could Pressure Exchanges to Drop Monero & Dash: Reports appeared first on Bitcoinist.com.

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CFTC Chairman J. Christopher ‘Cryptodad’ Giancarlo to Retire After Term Ends in 2019

The top markets regulator in the United States has confirmed that he will retire following the expiration of his term in 2019, depriving the cryptocurrency industry of one of the Washington establishment’s friendliest voices. Speaking with financial publication IFLR at last week’s International Swaps and Derivatives Association (ISDA) annual general meeting, Commodity Futures Trading Commission

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