Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’

Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark. Speaking on CNBC’s “Fast Money,” Lingham suggested that Bitcoin trading will be range-bound between $3,000 and $5,000 for […]

Read More

Ethereum Falls 10% In Rout

Ethereum was trading at $124.74 by 20:06 (01:06 GMT) ,Index on Friday, down 10.35% on the day. It was the largest one-day percentage loss since November 20. The move downwards pushed Ethereum’s market cap down to $13.00B, or 9.17% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B. Ethereum had traded […]

Read More

Ethereum Falls 11% In Selloff

Ethereum was trading at $124.03 by 20:07 (01:07 GMT) ,Index on Friday, down 10.98% on the day. It was the largest one-day percentage loss since November 20. The move downwards pushed Ethereum’s market cap down to $13.00B, or 9.17% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B. Ethereum had traded […]

Read More

Litecoin Falls 12% In Rout

Litecoin was trading at $31.706 by 20:16 (01:16 GMT),Index on Friday, down 11.77% on the day. It was the largest one-day percentage loss since November 19. The move downwards pushed Litecoin’s market cap down to $1.887B, or 1.35% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B. Litecoin had traded in […]

Read More

Bitcoin Falls 10% In Rout

Bitcoin was trading at $4,263.5 by 20:22 (01:22 GMT) , Index on Friday, down 10.11% on the day. It was the largest one-day percentage loss since November 19. The move downwards pushed Bitcoin’s market cap down to $74.7B, or 53.81% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B. Bitcoin had […]

Read More

Crypto Prices Flat; Saudi Arabia to Launch its Own Virtual Coin in 2019

  Cryptocurrency prices were flat on Thursday, with Bitcoin hovering near the $4,500 mark. Although not a major directional driver, reports said Saudi Arabia is launching its own virtual coin in 2019. Bitcoin slipped 0.2% to $4,596.5 by 12:05 AM ET (05:05 GMT). The world’s largest digital coin has now lost more than 25% of its value within a week. Ethereum rose 0.2% […]

Read More

There Is No ‘Bitcoin’: What the SEC Doesn’t Get About Cryptocurrency

Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. He previously was the CEO and co-founder of software firm Epiphyte and helped set up the industry associations DATA and the Stablecoin Foundation. The views expressed here are his own. —————————- The U.S. Securities and Exchange Commission (SEC) […]

Read More

Bitcoin Cash Is Now Two Blockchains – That Might Not Change Anytime Soon

It’s been six days since the bitcoin cash split and neither side looks ready to call it quits. What’s more, cryptocurrency exchanges that froze holdings of bitcoin cash in lead-up to Thursday’s contentious hard fork activation are beginning to warm up to idea that bitcoin cash may forever remain two cryptocurrencies. On Tuesday, Coinbase, one of the […]

Read More

Crypto Prices Continue to Slide as Bitcoin Approaches $4,000 Mark

Bitcoin fell 5.0% to $4,559.4 by 11:05 AM ET (04:05 GMT) on the Bitifinex exchange.  The world’s largest digital coin has now lost more than 25% of its value within a week. Ethereum slumped 8.5% to $135.67, while Litecoin declined 9.2% to $33.789 on the Bitifinex exchange. While the trigger for the latest sell-off is unclear, it has coincided with the U.S. Securities and Exchange Commission’s […]

Read More

Bitcoin Cash – The ABC – SV Tumble Again

Bitcoin Cash continued to slide on Tuesday, with BCH ABC falling by 3.55% to $212.2, while BTC SV tumbled by 27.1% to $41.42, the market rout taking its toll on BCH SV more than the rest of the pack. In spite of the material divergence in price, with investors dumping BCH SV coins in a […]

Read More