Bitcoin price is surging above the psychological resistance of $4,100 in an extended buying action. The Bitcoin/Dollar rate rose to $4100 on Coinbase between 9-10 am UTC – a level that was breached to the downside during the December 3 trading
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Institutional Investors' Crypto Foray Hindered by Insurance Deficit in Asia: Report
The difficulties involved in securing insurance against cryptocurrency hacks and thefts is deterring institutional investors from putting their money in the nascent asset class, according to cryptocurrency exchanges and traders in Asia. Per Reuters,
(+) U.S. Stocks Plummet After Fed Raises Interest Rates; Crypto Rally Intensifies
U.S. stocks declined sharply on Wednesday, giving up solid gains earlier in the session after the Federal Reserve raised interest rates as expected but failed to quell speculation that tighter monetary policy will undermine economic growth. Meanwhile
Crypto Market Adds $29 Billion This Week, Can Momentum be Sustained?
This week, the valuation of the crypto market increased by $29 billion from $100 billion to $129 billion. Within a five-day span, led by the sudden increase in the Bitcoin price, the crypto market experienced a surge in its valuation by nearly 30 per
Blockchain Technology and the Quest to Transform the Travel Industry
The year 2018 hasn't particularly been the best year for cryptocurrencies, as the bear market had eroded value in almost every digital asset out there. However, while cryptocurrencies aren't having the best of times, blockchain technology has
World's First Regulated Blockchain Real Estate Crowdsale Platform Launched in Switzerland
Tokenized assets are here to stay. The current race is about who can get regulated products to the market first and then who can successfully gain user adoption. While several projects have purported to tokenize real estate assets, blockimmo is the f
Western Union Hints At Using Cryptocurrency In Its Services
American based financial service Western Union is finally ready for cryptocurrencies. In a video interview with Reuters Plus, Western Union President Odilon Almeida said the company has been evaluating the use of cryptocurrency. They are also explori
TRON Arcade Wants to Break Open the Gaming Industry for Blockchain
Blockchain platform TRON announced today its plans to establish a $100 million fund known as ” TRON Arcade.” The fund is the fast-rising network's newest effort to drive higher adoption of its platform and to finally unlock the gaming
Opera Mobile Now Has Built-In Ethereum Wallet
Opera has announced the release of its new blockchain-ready browser with a built-in Ethereum wallet on the Android platform. According to the statement released earlier today, the updated app which comes with Web 3 support is now available to users f
Iranians Turn to Bitcoin Mining to Cushion the Effects of U.S. Sanctions
Iran is in the middle of a bit of an economic crisis right now. Due to hiccups caused by the sanctions that were imposed by the United States government a while back, the government of Iran has had its hands full with merely keeping its economy afloa