Imgur Receives $20M From Ex-Ripple CTO’s Payments Startup

Major image hosting platform and meme site Imgur received $20 million from micropayments startup Coil, according to a press release published on June 26 Per the release, as part of the partnership between the two companies, the founder and CEO of Coil and former CTO of Ripple Stefan Thomas will join Imgur’s board of directors. Imgur CEO Alan Schaaf commented: “Coil’s technology will open up new opportunities for users to give to one another and support the community in new ways.” The press release explains that Coil’s platform lets users…

Price Analysis 26/06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, ADA, TRX

How far can the parabolic rise of bitcoin continue? What are the next levels to watch out for? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin (BTC) has continued with its stellar run as no resistance level is being able to hold it back. It easily covered a distance from $10,000 to…

JPM Coin | JP Morgan’s Crypto is Ready for Trials with Corporate Clients

JP Morgan is putting final touches on its much-awaited cryptocurrency JPM Coin. Bloomberg Japan reports that the financial institution is to start trials on the coin with corporate clients, as it also eyes regulatory approval for its use in the mainstream financial sector. JP Morgan Crypto JPM Coin runs on Quorum, which is a private version of the Ethereum network, developed by the bank. The coin is to function as a stablecoin where fiat cash is to be deposited in exchange for the token before one is allowed to carry…

JPM Coin | JP Morgan’s Crypto is Ready for Trials with Corporate Clients

JP Morgan is putting final touches on its much-awaited cryptocurrency JPM Coin. Bloomberg Japan reports that the financial institution is to start trials on the coin with corporate clients, as it also eyes regulatory approval for its use in the mainstream financial sector. JP Morgan Crypto JPM Coin runs on Quorum, which is a private version of the Ethereum network, developed by the bank. The coin is to function as a stablecoin where fiat cash is to be deposited in exchange for the token before one is allowed to carry…

How Blockchain Could Decentralize the Music Industry

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. Our guest authors invite readers to discuss the most polemic, ambiguous and debatable topics within the cryptocurrency, blockchain and fintech industries. If you want to become our guest author and be published on Cointelegraph, please send us an email at contributor@cointelegraph.com   “History, despite its wrenching pain, cannot be unlived,  but if faced with courage, need not be lived again.”  — Maya Angelou Thirty years after…

Ethereum Need Developers Now Than Never, ETH Surging, Up 32.1%

Ethereum (ETH) bulls vibrant; prices surge 32.1 percent Serenity and similar hard forks demand developers Developers are crucial for any open source blockchain project. Ethereum may be the leader, but they still have to retain them. The network’s reliance is more pronounced now as they race towards Serenity. Meeting these milestones demand developer participation. If not, the platform will fizzle out even with lucrative bounty program in place. Presently, ETH bulls are steadfast, solid above $300 and rallying 32.1 percent from last week’s close. Fundamentals There are many proposals with…

Italy Is Unintentionally Advertising Bitcoin, Here’s How

The political and economic tensions between Italy and Europe are shaking the Eurozone. Italy has threatened to launch a currency parallel to the Euro to restore its debts to individuals and businesses, suggesting a possible “Italexit.” This, together with other moves introduced by the Italian government, has increased the demand for alternative assets such as Bitcoin. Italy Is Shaking the Eurozone Italy is experiencing a period of unprecedented political and economic instability. It was enough to come up with a semi-propaganda message sponsored by the Five Star Movement and the…

Bitcoin (BTC) Is Parabolic, Prices Up 111% Year-To-Date

Bitcoin (BTC) parabolic, adds 41.5 percent Strong Bitcoin fundamentals rewinding last year’s losses The deteriorating global economy, prospect of central banks intervening, and the entry of whales through institutional investment could explain the parabolic rise of Bitcoin’s prices. At over $12,800, BTC is up 41.5 percent in the last week and poised to register more gains. Bitcoin Price Analysis Fundamentals Visibly, Bitcoin’s rally is stretching superlatives. Analysts say the recent price eruption has been dizzying. Well, true to their observations, this surge has everyone talking about Bitcoin. If anything, this…

Bitcoin Breaks $13,000 As Rally Continues

Wednesday, June 26 — Bitcoin (BTC) has broken the $13,000 price mark, and many of the top-20 cryptocurrencies showing double-digit gains on the day, according to Coin360. Market visualization courtesy of Coin360 BTC broke the $12,000 level earlier today, and has continued surging to trade at $13,252 at press time. The leading coin has gained over 16% on the day. Today, Bitcoin’s market dominance climbed to over 60% for the first time since April 2017. Bitcoin’s recent rally has caused a stir in the crypto community, wherein some of its…

Above $13K: Bitcoin’s Price Extends 2019 Gains to New 17-Month High

Bitcoin’s price has refreshed 17-month highs in the U.S. trading hours with a move above $13,000. CoinDesk’s Bitcoin Price Index is currently trading at 13,020, the highest level seen since mid-January 2018, having surpassed the Asian session high of $12,919 at roughly 17:30 UTC. With the rise above $13,000, bitcoin has taken the cumulative month-to-date gains to 50 percent and the cryptocurrency now looks set to log double-digit gains for the third straight month. Further, BTC is on track to end higher for the fifth straight month – the longest monthly…