Journalism Blockchain Startup Civil Cancels ICO, Refunds Investors

Crypto and blockchains startups, even those that hold great promise, have sadly received the full brunt of 2018’s dismal market conditions, resulting in a widespread loss of clients and investment interest. For example, freshly-printed studies have revealed that Coinbase, widely regarded as this industry’s golden child, saw 80% of its U.S.-based customer base dissipate, resulting in

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Pantera Exec: Crypto Market Close to Bottom, Tenfold Increase Possible With Scalability

As Q4 of 2018 dawns on the infant crypto and blockchain world, many outspoken advocates for this industry have done their best to reaffirm that the cryptocurrency values will reverse without a doubt. “Crypto Is Close To The Bottom At This Point” When it comes to industry veterans, Joey Krug, an Augur co-founder turned crypto investor

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Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded billions of dollars volume, quickly pushing this market off its

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Novogratz: Bitcoin Will Breakout in 2019, But Institutions Still Want Crypto

Despite recently retracting his bullish claims that Bitcoin will surpass $10,000 by year’s end, Mike Novogratz still expressed that institutions are still poised to enter the crypto industry. Fidelity, BitGo, Bakkt Custody Solutions Will Bolster Adoption Per previous NewsBTC reports from Monday, Fidelity Investments, a financial giant with over $2.5 trillion worth of client assets under

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Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market. “Last

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Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion

The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U.S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere. Tether, Bitfinex Worries Plague Crypto Market During the wee hours of Monday morning, crypto assets saw a strong, but suspicious

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Crypto Week In Review: Coinbase Drops Index Fund, “Dr.Doom” Bashes Crypto

Despite Nouriel “Dr.Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming. Nouriel “Dr.Doom” Roubini Takes To Twitter, US Senate To Bash Crypto Dr.Nouriel Roubini, one of NYU Stern’s economics professors, recently bashed the cryptocurrency and blockchain world through a

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Bitfinex Banking Scares Continue, Bitcoin Premium Skyrockets, Tether Dumps

Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history. Reports

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Former Coinbase Executive Joins Bakkt Amid Crypto Futures Launch, Massive Anticipation

For the first time in a blue moon, crypto startup Coinbase recently saw one of its executives exit company doors, so to speak. Although some greeted this announcement with pessimism, insiders claim that the executive in question is poised to continue his immersion in the cryptosphere. Bakkt, Meet Adam White On October 4th, as reported by

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OKCoin to Issue Chinese Yuan-Backed Crypto – Are There Too Many Stablecoins?

In spite of depressed prices and an absence of liquidity and volume in the crypto market, stablecoins, cryptocurrencies tied to the value of a non-volatile asset, have become the flavor of the month. OKCoin Founder Star Xu Announces Chinese Yuan-Backed Crypto OKGroup founder Star Xu, who was reportedly the subject of a Shanghai Municipal Police

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