NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage’: Wall St. Vet

NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage’: Wall St. Vet

Advertisement When Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), announced that it was launching a bitcoin market, the move was met with enthusiasm by many within the cryptocurrency industry as a vindication of the legitimacy of the asset class. However, others, including some Wall Street veterans, warned that the “financialization”…

Tether’s Printing Press Has Churned Out $415 Million in August

Tether’s Printing Press Has Churned Out $415 Million in August

Advertisement Controversial cryptocurrency company Tether has “printed” $415 million worth of new tokens in August, vaulting the so-called “stablecoin” into the eighth position in the market cap rankings. Tether Market Cap Hits All-Time High CCN reported last week that Tether had already issued close to $200 million worth of USDT in August, and the firm…

Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout

Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout

Advertisement Bitcoin has neither dumped nor has broken its crucial resistance level since August 15. The BTC/USD on Monday started with a bullish promise after snoozing through the whole weekend. The pair confirmed 6346-fiat as a strong support and rose 3.5 percent during the early Asian trading session. As the day progressed, bulls began to…

U.S. Cryptocurrency Exchanges Set to Meet in September to Discuss Self-Regulation

U.S. Cryptocurrency Exchanges Set to Meet in September to Discuss Self-Regulation

Advertisement A working group led by cryptocurrency exchange Gemini will hold its first meeting in September to discuss forming a self-regulatory organization (SRO) to oversee the burgeoning U.S. crypto trading market. Announced on Monday, the Virtual Commodity Association (VCA) initially includes participation from four cryptocurrency exchanges that serve U.S. customers: Gemini, Bitstamp, Bittrex, and bitFlyer…

Coinbase Volume is Down 83% in 2018, But OKEx is Setting New Records

Coinbase Volume is Down 83% in 2018, But OKEx is Setting New Records

Advertisement Cryptocurrency exchange giant Coinbase might, as market research firm Bernstein recently said, be on the cusp of assembling an “unassailable” market share in the U.S., but that doesn’t mean that the San Francisco-based firm isn’t struggling to maintain consumer activity during the current downturn. Citing data from CoinApi, cryptoasset research firm Diar reports that…

Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Advertisement Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a…

Op-ed: How Cryptocurrency Exchanges Extract Profit from Everyone

Op-ed: How Cryptocurrency Exchanges Extract Profit from Everyone

Advertisement Written By: Alex Mashinsky, CEO of Celsius Network and accomplished VoIP entrepreneur Most companies or projects that hold an ICO or token generation event (TGE) are under enormous pressure to get their tokens listed on major exchanges as quickly as possible. Most ICOs get listed in less than 3 months. But there are a…

Valuation of Crypto Market Slightly Declines But Bitcoin Shows Stability

Valuation of Crypto Market Slightly Declines But Bitcoin Shows Stability

Advertisement In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Top…

Adult Site Tube8 Wants to Pay You Cryptocurrency to Watch Porn

Adult Site Tube8 Wants to Pay You Cryptocurrency to Watch Porn

Advertisement Tube8, an adult entertainment platform, is adopting blockchain and tokenization technologies in order to reward visitors with cryptocurrency for watching videos on their website. Porn Site Tube8 Wants to Pay You Cryptocurrency To effect this process, the Pornhub subsidiary is partnering with blockchain platform Vice Industry Token (VIT) for the total tokenization of the…