Cryptocurrency

Three Reasons Why Tech Giants Steer Clear of Cryptos If Bitcoin’s blockchain technology really is as disruptive as it’s purported to be, then why aren’t bigwigs like Amazon.com, Inc. (NASDAQ:AMZN) and Google launching their own cryptocurrencies? It’s a question we mull over often. After all, for companies like Amazon,…

Ethereum News Update Ethereum prices are plummeting on Tuesday morning, in part due to an episode of Last Week Tonight with John Oliver and a report from the Bank of International Settlements (BIS). Oliver’s show, for those who may not have seen it, features a comedic deep-dive into…

Ethereum News Update It’s rare for new blockchain companies to influence my Ethereum price forecast, but there are exceptions to the rule. Multicoin Capital Management, LLC. is a good example. Multicoin is an investment firm that will soon traverse the blockchain space, hunting for the next generation of…

Ripple News Update Although Ripple has become something of a media sensation in the last four months, it is still misunderstood by a wide majority of investors. People don’t understand what makes it so different from Bitcoin, why it is more likely to succeed, or why the XRP…

What Is Mining? Mining is to the blockchain what prospecting is to gold. It is the process of extracting cryptocurrency from the network. Miners, the people who do the mining, devote time, computer space, and energy to solve complex problems and find transactions on the network that have…

Ethereum News Update Among the power brokers at this week’s DC Blockchain Summit was Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), who said there might be “potential” for a self-regulatory body. (Source: "Crypto Industry Should Self Regulate, Says CFTC Commissioner," CoinDesk, March 8, 2018.)…

Ripple News Analysis Until now, or maybe even at this very moment, blockchain companies have been operating in the Wild West. There are no rules. This may seem like the optimal situation to people who despise government, but I think having no rules is bad for business. Consider…

Daily Litecoin News Update Litecoin investors brace for crypto crash 2.0 after China puts up new barriers for local investors. Investors in one of the largest crypto markets confront major obstacles after the government blocks access to exchanges. What we have upon us now is another September-like crash. China,…

Here’s Why NEM Has Further Upside Potential NEM prices were a sight for sore eyes on Thursday. The wider crypto market was crashing while this penny cryptocurrency was shooting through the roof. Two prominent developments seemingly galvanized this price action. We have reasons to believe that the XEM…

Ripple News Update Although Ripple prices are enmeshed in the market-wide cryptocurrency slump, shrewd investors might have noticed a positive signal buried amid the noise. What am I talking about? Well, there was a report that SWIFT, Ripple’s main rival, is talking up its efforts in distributed ledger…

Daily Litecoin News Update At least two incidents yesterday have sent Litecoin prices tanking below $200.00. Both involved cryptocurrency exchanges, not cryptocurrencies directly. It’s fair to say that fear, uncertainty, and doubt (FUD) was once again pulling the strings on investor sentiment. First, one of the world’s largest…

Ethereum News Update Ethereum prices, and cryptocurrency values more broadly, slipped again on Thursday as investors mulled regulatory actions in the United States and Japan. This is surprising, given that U.S. regulators have largely welcomed cryptocurrencies with open arms. They tend to harbor a deep respect for innovation.…