Tag Archives: Crypto

CoinDesk Advisor: Crypto, Bitcoin (BTC) Valuation Models Are Wrong

Crypto, Bitcoin Market Is “Just A Bit Backward” Michael Casey, the chairman of CoinDesk’s advisory board, a well-recognized author, and the co-founder of Network Effects Media, sat down with Cheddar, an up and coming business media outlet, on Thursday. The crypto-friendly outlet called on the industry insider to discuss the state of the crypto industry today, and a… Read More »

ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”

Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat.ICO-funded Projects Sell 416,000 Ethereum (ETH) In Past 30… Read More »

Ethereum (ETH) Network Hits Key Milestone Amid Crypto Bear Market

Ethereum Eclipses 50M Addresses According to data compiled by The Block from Etherscan.io, the number of unique Ethereum addresses (not wallets) has recently surpassed a key, round number milestone at 50 million — a monumental accomplishment for any network. Interestingly, even amid 2018’s dismal unpredictable bear market, the growth of this figure hasn’t slowed (much), as depicted in the… Read More »

Circle CEO: Bitcoin Price Will Boom In Years To Come

As the Bitcoin price has fallen throughout 2018, investors have sought solace in chaotic waters. Case in point, consumers en-masse have latched onto institutional forays, promising crypto-centric platforms, and ambitious price predictions from this industry’s finest in a bid to stay afloat. Investors’ thirst for the latter was quenched on Friday, as Jeremy Allaire, CEO of the Boston-based fintech… Read More »

Hong Kong Bitcoin Wiz Throws Millions From Rooftops, Subsequently Arrested

Crypto enthusiasts are always deemed a bit nutty by the public. Bitcoin, specifically to them, is an abstract concept that often represents little-to-zero intrinsic value, and altcoins aren’t much better. And unfortunately, the public’s negative conjectures towards the cryptosphere were confirmed on Saturday, as a Hong Kong Bitcoin millionaire dispensed millions of the local currency onto the public… Read More »

Facebook Blockchain Arm Booms, Even Amid Crypto Bear Market

Just months ago, David Marcus, the former president of fintech giant Paypal, was appointed as the inaugural head of Facebook Blockchain, the social media giant’s first stab at so-called “internet 3.0” innovation. But since Marcus’ appointment, many have been puzzled, as Facebook’s blockchain division has seemingly disappeared off the face of Planet Earth. In a testament to this confusion,… Read More »

Bitcoin Development Not Controlled by Anyone Says Crypto Veteran

No one controls the focal point for Bitcoin development, said Jameson Lopp in his latest blogpost.The Bitcoin veteran, who has been a crucial part of crypto developments since the beginning, opened recently about how developers run the world’s biggest decentralized financial network without fragiling it. He also attempted to answer individuals and groups that criticize bitcoin core, a… Read More »

French Financial Watchdog Blacklists More Cryptocurrency Websites

Advertisement The French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out unauthorized crypto firms. As news of riots in France batter the world news, the AMF is also using strong-arm tactics to keep then nation’s crypto sector honest and in-check with their latest move. Official Statement… Read More »

Crypto Market Holds $100B, BTC, XRP, ETH Post Losses

Crypto Nears $100B, As BTC, XRP, ETH Post Slight Losses Although many still expect for markets, crypto included, to undergo a “Santa Claus” rally, whereas publicly-tradable assets surge as the year climaxes, the crypto market continued to falter on Saturday, with BTC, XRP, and ETH all posting slight losses after a strong sell-off on Friday. The aggregate value… Read More »

Bitpay CEO: Bitcoin Price Built Off “Speculation”

Big Component Of Bitcoin Price Is “Speculation” Since the monumental run-up in the Bitcoin price during 2017, pundits have speculated that traders have ousted investors, creating an environment that has been rife with price speculation. In a recent interview with CNBC’s Squawk Box, Stephen Pair, CEO of the world-renowned crypto-friendly payment processor that is BitPay, confirmed this theory. Speaking… Read More »