Markets Update: Crypto Prices Surge After Last Week’s Pullback

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Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin…

Markets Update: Crypto Prices Sink Lower Finding New Support Levels

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On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace…

Crypto Assets Outshine Most Traditional Investments in 2019

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Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil, and precious metals. Also Read: US Copyright Office Responds to Craig…

Ethereum Foundation reveals its development plans for the next year

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The Ethereum Foundation announced the achievements made over the last year and how it plans to allocate its resources over the next 12 months. Changes from the Ethereum Foundation The Ethereum Foundation has redefined its strategy to do what is best for the ecosystem focusing on where the most value can be added and allowing…

FINRA approval opens up Grayscale’s Ethereum Trust to individual investors

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Grayscale, a New York-based asset management company, received approval from FINRA to list its Grayscale Ethereum Trust shares on OTC markets which will become the first publicly-quoted Ethereum-based securities. Ethereum Trust receives FINRA approval for public quotation Grayscale Investments, a New York-based digital asset management company, made history today for being the first company to…

‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

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A New York Blockchain Week ended last Friday we spent time at an ethereum hackathon where developers came together to build blockchain tools with social impact.

New Ethereum-based digital collectibles market Meme Factory goes live

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A new Ethereum-based digital collectibles market called Meme Factory went live this week. The platform was created by district0x, a network of decentralized marketplaces behind the DNT token, and will allow users to create, issue, and trade rare digital collectibles. Users can now trade “provably rare” digital collectibles on Meme Factory The digital collectibles industry…

Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air

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Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have regained a…

How Bitcoin and Ethereum plunged in minutes amidst unexpected correction

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On May 17, the price of Bitcoin plunged from around $7800 to $6700 within minutes in a flash crash on BitMEX. Immediately after, the price of Ethereum dropped from $240 to $190. The abrupt decline in the price of Bitcoin was triggered by the placement of a large sell order on Bitstamp and other major crypto…