The EOS price on Wednesday posted more than 10% in gains against the US dollar owing to strong fundamentals. The cryptocurrency opened the day at $2.7253 on Bitfinex but dropped during the early Asian session to establish an intraday low towards $2.7
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China: Anti-Crypto Central Bank Worried Cash Losing Relevance
According to a newly released report by the FT, the adoption of digital payment systems is increasing at such a rapid rate that the People's Bank of China (PBoC) is concerned about the declining relevance of cash. An increasing number of merchant
Bitcoin up 7% and Ethereum Surges 19%, Good 2019 Start For Crypto
Over the last 48 hours, the Bitcoin price increased from $3,629 to $3,890, by more than seven percent. The Ethereum price has also surged by 19 percent since January 2 from $143 to $160, recording a substantial increase in value prior to its highly a
‘Boring’ Blockchain Could Become Mainstream in 2019: MIT
Blockchain ? which has been hailed as a game-changing technology that could revolutionize whole industries ? will be so commonplace in 2019 that it’ll become “boring,” according to the MIT Technology Review. “In 2017, blockcha
Iran Warns Citizens Against Using Telegram's Cryptocurrency, Gram
The Iranian government has continued its adversarial actions against Telegram by criminalizing the use of Gram, the native token of the encrypted messaging app’s new blockchain. According to the Tehran Times, Iran's Secretary of Criminal Co
Dow Jones Makes a Comeback After Opening Bell Selloff; Cryptocurrencies Immune from the Chaos
U.S. stocks opened the year firmly on Wednesday, as fears of a slowing Chinese economy rippled across the financial markets. The major indexes have since recovered the bulk of their declines with the Dow Jones Industrial Average rebounding more than
Bitcoin Space Growing on Almost All Metrics — Except Economics
Infrastructure underpinning the world’s leading cryptocurrency bitcoin is looking better even though its value has fallen by more than 80 percent since the peak, argues prominent cryptocurrency software engineer Jameson Lopp. The renowned cyphe
Tesla Had a Record Quarter, so Why Did its Shares Just Nosedive?
Shares for electric carmaker Tesla took a nosedive on Wednesday after the Elon Musk brainchild once again failed to meet production targets. Record Quarter Can’t Save Tesla from Missed Targets Pre-market trading saw Tesla shares tumble more tha
Nasdaq Futures Plunges 1.84% to Open 2019, But Bitcoin Surges
Nasdaq Futures kicked off on a bearish note this Wednesday as signs of weak economic data from China impacted the US markets. The index has fallen by 116.60 points, down 1.84% at 6,216.75 after closing 2018 on an annual loss of 4.72%, according to CN
Dow, Nasdaq Futures Prep for New Years' Plunge — is China to Blame?
Dow Jones Industrial Average futures portended a weak opening to the 2019 trading session on Wednesday, as the US stock market extended a downturn that saw the Dow, Nasdaq, S&P 500, and other major indices post their worst yearly returns since th