Is the mighty ETH crumbling? September 11, 2018 This week I want you to think about ETH and whether it can survive it’s current downturn, and consider how this affects the projects you may have been eying. With ETH (the crypto currency of the Ethereum platform) currently falling below 200 dollars for the first time in a year, many are beginning to debate [...]
Bitcoin takes fresh dive in two-day cryptocurrency crash September 6, 2018 The value of bitcoin has continued to slide today after a crash sparked by yesterday's rumours that Goldman Sachs has scrapped plans for a cryptocurrency trading desk. Bitcoin value slumped 15 per cent over two days to $6,405 (£4,950) after the investment bank reportedly cancelled plans to open the new desk. Read more: Goldman Sachs reportedly ditches [...]
Goldman Sachs reportedly ditches bitcoin trading plans, taking crypto prices with it September 5, 2018 Goldman Sachs is reportedly dropping its plans to open a desk for trading cryptocurrencies, in a move which yesterday sent the prices of popular coins such as ethereum and bitcoin skidding. Sources familiar with the matter told Business Insider that Goldman Sachs was nervous to continue with the plans while future global regulatory frameworks for cryptocurrencies [...]
Cryptocurrencies swimming in the mainstream September 5, 2018 Spending and exchanging digital currencies are two of the biggest challenges enthusiasts face when building a crypto portfolio. While some high-profile retailers such as Subway, Microsoft and Expedia accept Bitcoin as payment, retailers that have adopted crypto represent a tiny fraction of the market. Limited payment options, complex processes and expensive exchange fees are typical [...]
The future of cryptocurrencies September 4, 2018 The past two years has been somewhat of a nervy time for cryptocurrency investors. There will have been periods of jubilation for some, and there will inevitably have been moments of despair for others. The price of bitcoin alone went from approximately $1,000, to $20,000 at the end of last year, before falling spectacularly in [...]
Return of the (Crypto) Gold Standard? September 4, 2018 Perhaps the biggest criticism, indeed difficulty, with cryptocurrencies and tokens is price volatility. So how about a return to the ‘Gold Standard’? Enter asset-backed and ‘StableCoins’. One of the great promises of blockchain technology is the mobilisation of whole swathes of assets, from property through jewellery, fine art and luxury goods to commodities such as [...]
The importance of genuine influencers September 4, 2018 Last week we looked at the ICO market right now – there’s no doubt it’s a difficult time out there if you are running, or investing in, ICOs. This week I want to talk about the importance of (credible) influencers in the ICO space. At the time of writing, the crypto currency markets are still [...]
City A.M.’s Crypto Insider met with Thomas Coughlin, CEO of Kinesis & ABX September 4, 2018 A new cryptocurrency has been developed, presenting a unique way to digitalise two of the most stable stores of value through the use of blockchain technology. What makes money successful and sustainable is for it to be used as an efficient medium of exchange from one party to the next. Kinesis has introduced yield-bearing digital [...]
Masternodes: A Crypto asset you need to know about! September 4, 2018 Master what?’ is a common reaction from crypto investors when they first hear about Masternodes. Yet these new crypto assets, which provide a reliable passive income, have experienced tremendous growth and are set to become the underlying infrastructure of the crypto economy. Last October there were just 30 cryptocurrencies that supported Masternodes, while today there [...]
Chinese online retail tycoon released after US sexual conduct charge September 2, 2018 The billionaire leader of a Chinese web retail giant was arrested in the US on Friday on a charge of criminal sexual conduct, before being released a day later. Richard Liu, the founder of JD.com – one of China’s biggest online retailers, and a major rival to web behemoth Alibaba – was taken into custody [...]