Day: May 28, 2019

Ivy League Universities Set to Boost the Crypto Industry With an Injection of Institutional Investment

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Despite the crypto volatility, the widely publicized regulatory concerns and a lack of liquidity in the cryptocurrency market, reports show that university endowments worldwide are dipping their toes into cryptocurrencies. Recently, a survey conducted by a trade publication in partnership with two other startups showed that up to 94% of the 150 endowments surveyed had an investment in crypto-related projects. More than 80% of those surveyed were United States-based institutions, with the rest of the respondents coming from the United Kingdom and Canada. What is most exciting about the survey…

Kik Launches $5 Million Crypto Funding Campaign for Lawsuit Against US SEC

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Canadian tokenized social media startup Kik has launched a $5 million crypto initiative to fund a lawsuit against the United States Securities and Exchange Commission (SEC), Kik CEO announced in the crypto-focused Unchained podcast by Laura Shin on May 28. Ted Livingston, Kik CEO and founder of Kik’s crypto project the Kin Foundation (KIN), revealed the formation of DefendCrypto fund to legally challenge the U.S. SEC in order to get regulatory clarity from the major U.S. financial watchdog. While the fund’s domain DefendCrypto.org was registered 25 days ago as of…

Is $7,500 a Sweet Spot for Bitcoin Buyers?

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The last few weeks have witnessed some of the most dramatic moves in the price of Bitcoin, and to a lesser extent the entire cryptocurrency markets, since the prolonged cryptocurrency bear market phase began back in early 2018. Now, many traders and investors are predicting that a new wider crypto bull market may be underway. Volume has likewise increased, peaking at over US$33 billion on May 16th, in addition to the 200-day moving average turning bullish for the first time since early 2018. Recent positive news may be a key…

Fake Trading Volumes by Exchanges Do Not Impact BTC Prices

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American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of Bitwise’s March presentation alleging that 95% of volume on unregulated exchanges is fake. Published on the official website of the United States Securities and Exchange Commission (SEC), the new white paper is based upon the research that Bitwise Asset Management presented to the SEC on March 17, 2019, as specified in the document. In the white…

Blockchain and Crypto Jobs are on the rise

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Jobs in Blockchain and Cryptocurrency sectors are booming, Ethereum development organization ConsenSys said in its blog post. As the blockchain industry continues to see vast expansion all over the world, it has resulted in concurrent growth in the blockchain job market. Blockchain startups, large blockchain-based enterprises and infrastructural projects are recruiting staff to various posts including blockchain engineers, developers, designer and marketing specialists, legal consultants, project managers and software architects. There is also opening for thousands of non-technical jobs ranging from publicists to content creators, community managers and admins. Citing…

Bitcoin Price May Hit $30,000 in 2019, Here’s Why

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Jehan Chu, co-founder of Kenetic Capital, predicts that Bitcoin price will reach the $30,000 mark by the end of the year. Bitcoin price has always been in the center of the attention of the world’s crypto community. And it is not surprising at all as Bitcoin has always been the largest crypto by its market cap and it doesn’t seem that something will change in this very aspect. Nevertheless, its price regularly changes which is a special topic for discussions. As now it is absolutely clear that the crypto winter…

Bitcoin Price May Hit $30,000 in 2019, Here’s Why

boss

Bitcoin price has always been in the center of the attention of the world’s crypto community. And it is not surprising at all as Bitcoin has always been the largest crypto by its market cap and it doesn’t seem that something will change in this very aspect. Nevertheless, its price regularly changes which is a special topic for discussions. As now it is absolutely clear that the crypto winter is over, it’s time for new predictions. According to Kenetic Capital co-founder Jihan Chu, Bitcoin price will reach the mark of…

New Crypto Wallet Accepted by 30,000 Outlets — Lets Users Buy Mobile Data Anywhere

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A social commerce technology platform has launched a new wallet that enables consumers to buy real-life products from more than 30,000 points of sale globally. Jet8 says its new wallet is a “connect and transact hub,” giving its community a safe way to store their tokens, earn rewards and send funds to their friends. According to the fintech company, one of the wallet’s most distinctive features gives users the ability to purchase mobile data in any country worldwide — giving them instant access to mobile network connectivity wherever they are.…

Hotshot Silicon Valley Investor Predicts Bitcoin Price Plunging Under $500

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By CCN: Jason Calacanis, a prominent Silicon Valley investor who has helped companies such as Uber and Robinhood to secure multi-billion dollar valuations, has said the bitcoin price is likely to drop to $0 to $500 in the long-term. “My position remains the same. Bitcoin will likely be replaced by a new technology & it’s manipulated It’s possible it’s built to last, but not probable, so keep your position to an amount you’re willing to loose. For most, that’s 1-5% of net worth. It will likely go to 0-$500,” Calacanis…

ARK Launches the ARK Deployer, an Open Source Tool to Create a Blockchain in 3 Simple Steps

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ARK, a leading Blockchain technology provider with an open-source Blockchain platform, has launched the ARK Deployer; a free tool that enables users to quickly and easily create their own Blockchain in just a few simple steps. The ARK Deployer revolutionizes a process that previously was lengthy and complex because it significantly reduces the barriers to enter Blockchain technology due to the intuitive user interface. Now anyone, regardless of their technical experienceor background, can build, customize and deploy their own Blockchain. ARK Deployer could  be interesting for developers, individuals, startups, and…