Day: February 27, 2019

Steve Wozniak: Bitcoin (BTC) has Seen “Massive Value Creation”

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Bitcoin (BTC)–Apple Co-Founder Steve Wozniak had positive words for the growth of Bitcoin in an interview with Bloomberg published on Feb. 26. According to the tech legend, who has been a staunch supporter for Bitcoin and cryptocurrency, the industry has managed to generate “massive value creation” over the course of the last several years, even if prices have continued to falter. Wozniak’s comments came in reference to the potential of Bitcoin and followed upon similar statements he made a year ago saying that Bitcoin could become the world’s future currency.…

Bitcoin Approaches $3,900 as Crypto Markets Stabilize, Stock Market Slightly Down

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Wednesday, Feb. 27 — most of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) is approaching the $3,900 mark again, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up less than half a percent on the day, trading at around $3,859, according to CoinMarketCap. Looking at its weekly chart, the current price is over three percent lower than $3,971, the price of BTC one week ago, and nearly 9 percent lower than $4,209, the mid-week…

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

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A cryptocurrency project that appears to have raised at least $20 million through a referral-based marketing scheme has been advertising false information about its team members, a CoinDesk investigation has found. Launched on Dec. 2, BHB claims to offer an ethereum-based solution for peer-to-peer lending, but by Jan. 18, local media reports were already accusing the project of operating an illegal pyramid scheme. Now, CoinDesk is able to reveal inconsistencies in the information provided about its founding team that further suggest something may be amiss at the China-based project. In particular,…

Ripple (XRP) Prices Hinged on Regulation, Bahrain Take the Lead

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Ripple prices accumulating Expansion or contraction of Ripple (XRP) hinged at regulation, Bahrain taking the lead Volumes more than double in the last three weeks, XRP struggling below 34 cents XRP may be available for trading at CoinBase Pro, but questions on regulation continue to pop up. Bahrain is diffusing this uncertainty by regulating assets. Ripple Price Analysis Fundamentals In part, Ripple (XRP) adoption is mainly dependent on regulation. Reasons? Well, it is because Ripple as a platform is a conduit for value transfer. Since they are cheap and efficient…

Token.Agency Kicks Off Blockchain, STO and Tokenomics Service in Europe and North America

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Token.Agency is finally here. After a soft launch at last November’s Blockchain Expo North America Silicon Valley, Token.Agency has opened its doors for business with a new website and new clients. advertisement The full-service, blockchain consulting firm deals in Security Token Offerings (STOs),  Initial Coin Offerings (ICOs) and blockchain services. They specialize in token design, project launches and marketing services for both established and early-stage businesses. Token.Agency is new, but the team behind it is not. Their brain trust includes not only an MIT scientist but also experienced marketers, publishers…

Pangea Blockchain Fund Debuts With $22 Million Round Supported by Roger Ver

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Pangea Blockchain Fund has debuted its blockchain fund, securing $22 million with key investors including Bitcoin.com CEO Roger Ver, according to a press release on Feb. 27. Switzerland-based Pangea Blockchain Fund is targeting the development of transformative blockchain-driven solutions and expects the total fundraising to be capped at $200 million. The recent seed round was also participated in by Copernicus Asset Management, a financial services group based in Lugano, Switzerland. The company is licensed as a Swiss Authorized Asset Manager and also acts as an investment manager for Pangea’s fund.…

From Retailers to Major Banks, How the Crypto Sector of Japan is Exponentially Growing

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In a recent development in Japan’s crypto industry, Mizuho Financial Group announced that it would launch its digital currency on March 1. According to Nikkei Asian Review, the 1.8-trillion megabank’s digital currency service would allow users to exchange their yens for a cryptocurrency called J-Coin through an app of the same name. The experience will be similar to other payment applications: users would scan a QR code through the app and transfer money to the intended receivers. #Mizuho‘s digital currency to take on payment rivals next month #crypto https://t.co/JTMo7IgrUs — Tonyx…

Dow, Bitcoin Diverge as Market Waits for ‘Lying’ Cohen’s Trump Bombshell

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Dow futures traded down ahead of the US stock market’s opening bell as three major geopolitical events left Wall Street on edge. The bitcoin price, meanwhile, held steady above $3,800 while the crypto market bid farewell to the once-prominent “Coinbase effect.” Dow Futures Forecast Drop Below 26,000 As of 9:10 am ET, Dow Jones Industrial Average futures were down 60 points or 0.23 percent, implying an opening bell decline of 73.98 points. That drop would thrust the Dow back below the 26,000 mark. S&P 500 futures and Nasdaq futures are…

Dow, Bitcoin Diverge as Market Waits for ‘Lying’ Cohen’s Trump Bombshell

boss

Dow futures traded down ahead of the US stock market’s opening bell as three major geopolitical events left Wall Street on edge. The bitcoin price, meanwhile, held steady above $3,800 while the crypto market bid farewell to the once-prominent “Coinbase effect.” Dow Futures Forecast Drop Below 26,000 As of 9:10 am ET, Dow Jones Industrial Average futures were down 60 points or 0.23 percent, implying an opening bell decline of 73.98 points. That drop would thrust the Dow back below the 26,000 mark. S&P 500 futures and Nasdaq futures are…

Following Crypto Whales, Bitcoin Retail Investors Began To Accumulate

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Bears decimated the Bitcoin price in 2018. Throughout yesteryear, the value of BTC fell by upwards of 70%, as blood flowed from the rotting carcasses of the crypto bulls. However, retail investors in it for the long haul have continued to squirrel away cryptocurrency holdings, even as this nascent market remains in a tumultuous, unpredictable state. Related Reading:  Bitcoin Unspent Transaction Output Accumulation Could Signal Crypto’s Next Bull Run Bitcoin Holders Bolster Positions It isn’t a secret that investors fled the cryptocurrency market en-masse. Mentions of Bitcoin on Twitter have reached dismal levels,…