ICOs Raised $118 Million in Q1 2019, Over 58 Times Less Than in Q1 2018

About $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal (WSJ) reports on March 31. The report cites data provided by ICO analytics website TokenData. The WSJ argues that investors have been scared off by regulators’ actions against non-compliant ICOs, as well as by the general bear market over the past year. One of the latest cases happened in February, when the United States Securities…

Kleiman Estate Says Satoshi Reveal ‘Is Relevant’ in Billion Dollar Bitcoin Lawsuit

In the state of Florida, there’s an ongoing lawsuit against Craig Wright, the self-proclaimed Satoshi Nakamoto, for billions of dollars. Wright is being sued by the Kleiman family on behalf of the late Dave Kleiman for allegedly misappropriating billions worth of BTC through a partnership years ago. On March 29, the Kleiman vs. Wright discovery meeting transcript was published revealing more interesting details about this unique case. Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright The Billion Dollar Bitcoin Lawsuit Continues With a Discovery Meeting According…

Kleiman Estate Says Satoshi Reveal ‘Is Relevant’ in Billion Dollar Bitcoin Lawsuit

In the state of Florida, there’s an ongoing lawsuit against Craig Wright, the self-proclaimed Satoshi Nakamoto, for billions of dollars. Wright is being sued by the Kleiman family on behalf of the late Dave Kleiman for allegedly misappropriating billions worth of BTC through a partnership years ago. On March 29, the Kleiman vs. Wright discovery meeting transcript was published revealing more interesting details about this unique case. Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright The Billion Dollar Bitcoin Lawsuit Continues With a Discovery Meeting According…

Binance’s BNB Leads Top Ten Cryptos in Q1 2019, Rises 185%

Binance Coin (BNB) has led the top ten cryptocurrencies in terms of quarter performance. The Binance crypto exchange’s native asset surged 185 percent in the first quarter of 2019, jumping from $6.069 to $17.335, according to data provided by Messari. On the whole, BNB was the sixth largest gainer in the said period, beaten only by PCHAIN’s PI (+787%), Ravencoin’s RVN (+337%), Everex’s EVX (+313%), Enjin Coin’s ENJ (+287%), and Numeraire’s NMR (234%). None of these cryptocurrencies were in the top ten list. BNB Q1 2019 Performance | Source: Messari…

What A Bitcoin-Friendly Cornell Prof Thinks Will Propel Crypto Past $1 Trillion

According to one Cornell professor proficient in computer science and an advocate for Bitcoin, Emin Gun Sirer, crypto will be unable to surmount a $1 trillion collective valuation until certain requirements are met. He believes that with industry developments, “crypto winter will end” — eventually. Crypto Needs Scaling, Real Use-Cases, Decentralized Solutions Sirer recently wrote on Twitter that the cryptocurrency market surpassed $700 billion with “inherently unscalable technologies,” referring to 2017’s seemingly hype-based rally. While some were sure that $1 trillion was in crypto’s sights then, the market obviously pulled…

Tezos Price Surges 57% in Days as Coinbase Fuels Another Crypto Rally

The week is ending on a hugely positive note for the Tezos cryptocurrency. Tezos Races Ahead of Wider Crypto Market The blockchain project’s native asset XTZ today established a new weekly high towards $1.08 – up more than 17 percent in the last 24 hours. The latest push also brought the coin’s weekly gains to 57 percent, bringing the price a few steps closer to its November 19 high at $1.09. No other top-20 cryptocurrency came close to matching the breakneck Tezos rally. TEZOS’ XTZ WEEKLY PRICE PERFORMANCE | SOURCE:…

Crypto Traders En-Masse Flip Bullish On Bitcoin (BTC)

Bitcoin Bulls Rear Their Heads For some odd reason, crypto pundits en-masse have started to tout optimism on Twitter. As Alistair Milne, the chief investment officer at an industry investment firm, recently put it, “pretty much every OG Bitcoin trader” that he respects is now leaning bullish. And funilly enough, this might not be hearsay. Pretty much every OG Bitcoin trader I respect is now leaning bullish — Alistair Milne (@alistairmilne) March 31, 2019 Michael Arlington, the founder of TechCrunch and a big fan of XRP, recently explained that he…

$4.2 Million of Cryptopia’s Ethereum (ETH) Moved as Prices Stagnate

Ethereum prices up 2.8 percent 30,789 ETHs transferred from Cryptopia’s wallet to an unknown address. $4.2 million worth of Ethereum (ETH) from Cryptopia is now at an unknown address after Jan hack. At the same time, Ethereum prices are up but struggling to break above $150 and $170. Ethereum Price Analysis Fundamentals There is a worrying trend in 2019. More exchanges are falling prey to hackers, and there should be averting steps. Aside from regulator involvement, exchange clients must take their security a notch higher. That means incorporating two-step verification…

Bitwise Bitcoin ETF Decision set for May, BTC Prices Up 2.3 Percent

Bitcoin prices stable but bullish Bitwise Bitcoin ETF application decision date put off to mid-May It will be until mid-May when the US SEC decides on Bitwise Bitcoin ETF. Like the SolidX and VanEck application, this ETF is backed by Bitcoins secured by a third party custodian. Meanwhile, Bitcoin (BTC) prices are stable inside Mar-29 high-low as bulls build momentum towards $4,500. Bitcoin Price Analysis Fundamentals For the second time, the US SEC is putting off their decision on whether Bitwise Bitcoin ETF application meets their requirement and ready for…

Massive Bitcoin Exchange Hack Exposes Arrogant Disregard of Security

In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. Is arrogance or incompetence to blame? Bithumb Hadn’t Even Repaired its Reputation Since the Last Hack The Bithumb hack saw the offenders make off with around $20 million worth of EOS and Ripple (XRP). Three million EOS were stolen, along with 20 million XRP tokens. Influential crypto analyst Dovey Wan initially tweeted that the…