Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat. ICO-funded Projects Sell 416,000 Ethereum… Continue reading ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”
Category: ethereum
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Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline
Ethereum-based mobile app Status is laying off 25 percent of its staff following the crypto market crash. Ethereum (ETH)-based chat platform Status is laying off 25 percent of its staff due to the recent cryptocurrency market decline, according to a post published Dec. 11. Founded in 2017 in Switzerland, Status is an open source Ethereum-based… Continue reading Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline
Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”
One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire in his teens by investing money that his grandmother had gifted him, starting as early as 2011. At the height of the Bitcoin bull market of 2017, Finman’s stack was worth an… Continue reading Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”
VC Investor: Fundamentals Show Bitcoin and Ethereum Oversold in Bear Market
It’s no secret that 2018 has been a rough year for cryptocurrencies, with Bitcoin falling over 80% from its 2017 highs, and most major altcoins dropping 90% or more. Despite the market’s poor performance, one venture capitalist laid out his case for why Bitcoin and Ethereum are currently oversold from a fundamental standpoint. The past… Continue reading VC Investor: Fundamentals Show Bitcoin and Ethereum Oversold in Bear Market
Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain
Either it will be the best thing the crypto world will ever experience or a farce in the name of the best thing the world will ever experience. That’s pretty much the discussion around virtual reality (VR), a technology which allows humans beings to experience an immersive illusion of being somewhere else. Many Hollywood blockbusters,… Continue reading Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain
Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum Funds
The creator of the world’s first cryptocurrency index fund has launched two liquid beta funds holding bitcoin and ether exclusively to address market demand. The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are available in two share classes, Institutional Shares and Investor Shares. Bitwise Funds Open to Minimum Investment of $25,000 for Retail Investors… Continue reading Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum Funds
Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark
While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market… Continue reading Top Coins Are Shaky, But Bitcoin Still Holds $4,000 Mark
Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200
Crypto markets go green on the first day of December, with Bitcoin breaking and holding the $4,200 threshold. Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from… Continue reading Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200
November Has Been Bitcoin’s Worst Month for Seven Years
Bitcoin has just emerged from its worst month in terms of price declines for seven years. The big daddy of crypto has shed almost 40% in this one month alone as it pulled the entire crypto market down to new yearly lows. Bitcoin Dumps Over a Third of its Value in a Month Starting out… Continue reading November Has Been Bitcoin’s Worst Month for Seven Years
Austrian Blockchain Center for Multidisciplinary Research Established in Vienna
The Austrian Blockchain Center has been established in the city of Vienna, where it will collaborate with local academics in multidisciplinary research. The COMET Centers, which are coordinated by the Austrian Research Promotion Agency (FFG), have approved the Austrian Blockchain Center (ABC) in Vienna, according to a Nov. 29 press release. ABC involves 21 scientific… Continue reading Austrian Blockchain Center for Multidisciplinary Research Established in Vienna