How Do Investors Profit From Stablecoins?

Even as a swirl of doubts engulf the utility of Tether, the numbers of stablecoins to prop up cryptocurrency markets has multiplied dramatically this year. The stablecoins list includes the likes of Basecoin, MakerDAO, and Havven, all of which have received funding from marquee names in the venture capital industry. The Winklevoss brothers, who are pioneers in cryptocurrency markets, also recently launched the Gemini dollar, … Continue reading How Do Investors Profit From Stablecoins?

Numbers Of Dead Coins Increases In Crypto Bloodbath

The number of dead coins in crypto markets is rising. At the beginning of 2014, when the price of a single bitcoin was in decline, there were 67 coins listed on coinmarketcap.com, a website that aggregates coin prices from multiple exchanges. As of this writing, there are 1607 coins listed on the same site. As media spotlight brought mainstream traction to crypto markets, the number … Continue reading Numbers Of Dead Coins Increases In Crypto Bloodbath

Two Reasons Crypto Prices Shot Up This Week

After weeks of floundering about in a decline, cryptocurrency markets gained $40 billion in two days. Bitcoin led the rally in crypto prices with two bumps in its price in less than five days. In the first instance, it vaulted 8.5% to $6408 in five hours on Friday night. But that was not the end of its rally. On Monday, it pushed another 4.4%, rising … Continue reading Two Reasons Crypto Prices Shot Up This Week

The Evolution of Customer Reward Systems in the Cryptocurrency Era

<Note: This is an independently written post by Dentacoin.> Loyalty programs in retail have been around for decades. Different types of loyalty and reward programs have been introduced by both physical and online companies. These programs are primarily aimed at improving the overall customer retention rate by providing customers a way to earn discounts, rewards and “points” that can later be spent at the retailer … Continue reading The Evolution of Customer Reward Systems in the Cryptocurrency Era

Sizing Up Consensus 2018’s Effect On Crypto Markets

Lamborghini and Snoop Dog, anyone? As conferences go, Consensus 2018, which was quite possibly the largest gathering of crypto-enthusiasts and industry personnel in one place, seemed to be a grand success. A record 8500 attendees thronged the halls of New York’s Hilton Midtown hotel over three days last week. (For context, the same conference drew 400 attendees just two years ago). During the day, they … Continue reading Sizing Up Consensus 2018’s Effect On Crypto Markets

How Did The Top 10 Cryptos Perform During The First Quarter?

Cryptocurrencies rode into the New Year on the back of euphoric sentiment and record valuations. Three months later, those valuations have bitten the dust amid a spate of bad news and scandals. Cardano and Ripple were the biggest losers among the top 10 cryptocurrencies during the first quarter. The former shed 78.26% of its value while the latter lost 77.88% of its price from the … Continue reading How Did The Top 10 Cryptos Perform During The First Quarter?

Ethereum Co-Founder Buterin Proposes Rent Fees For Data Storage On Its Blockchain

Even as they have witnessed explosive growth in the last couple of years, cryptocurrencies are yet to find a suitable model to finance future growth. While cryptocurrency markets are a lucrative source of funds, their wild price swings make them unsustainable in the long run. Meanwhile, cryptocurrencies are experimenting with other ideas. Nonprofit foundations are one. But even that source is uncertain because it is … Continue reading Ethereum Co-Founder Buterin Proposes Rent Fees For Data Storage On Its Blockchain

Bitcoin Price Falls Below $8K As Atlanta Fed Chair Cautions Against Crypto Investing

There might be a day when bitcoin and cryptocurrency markets are in a celebratory mood. Today is not one of those days. Bears, who’ve wrested control of the markets, exerted further pressure in the last 24 hours. After moving sideways around the $8,000 mark, bitcoin’s price has fallen below that support level. At 16:32 UTC, bitcoin was changing hands at $7,898.14 per pop, an increase … Continue reading Bitcoin Price Falls Below $8K As Atlanta Fed Chair Cautions Against Crypto Investing

Bitcoin Price Tanks As Bears Take Charge Of Crypto Markets

There was not much respite for cryptocurrency markets this morning. Crypto prices, which began falling yesterday after news that social media platform Twitter would ban crypto ads, continued to tank. At 15:17 UTC, crypto markets had a total valuation of $301.4 billion. Exactly a day earlier they were priced at $319 billion. The price of a single bitcoin fell to a low of $7767.86 this … Continue reading Bitcoin Price Tanks As Bears Take Charge Of Crypto Markets

Bitcoin Price Skedaddles On News Twitter Might Ban Crypto Ads

Traders swung between the optimism and gloom over bitcoin’s future prospects as cryptocurrency markets crashed below $300 billion before recovering this morning. The price of a single bitcoin, which had been on a steady decline since the middle of last week, wobbled to $7,370 Sunday morning. At 15:05 UTC, it had recovered to $8,635. The top 10 most-valuable cryptocurrencies mirrored bitcoin’s price trajectory. After a … Continue reading Bitcoin Price Skedaddles On News Twitter Might Ban Crypto Ads

Bitcoin Price Holds Steady, May Fall Further

Cryptocurrency markets continued their free fall for most of yesterday, dropping to as low as $318.1 billion at 21.57 UTC before recovering this morning. At 15:22 UTC today, they were worth $336.1 billion. The price of a single bitcoin rose slightly from 24 hours ago. At 15:47 UTC, the cryptocurrency was changing hands at $8465.42, an increase of 2.52% from the same time yesterday. It … Continue reading Bitcoin Price Holds Steady, May Fall Further

Prices For Bitcoin And The Top 10 Cryptocurrencies Are All In The Red For This Year

It took some time but it finally happened. The top 10 cryptocurrencies have all shed their gains from last year. Cardano, which rallied towards the end of last year, is the biggest loser, having lost 73% of its value since the start of this year. With losses of 70.3% and 63.6% each, Ripple and Bitcoin Cash are not far behind. NEO held out against market … Continue reading Prices For Bitcoin And The Top 10 Cryptocurrencies Are All In The Red For This Year

Playboy Announces Cryptocurrency Wallet For Its Adult Network Empire

Prominent developer of adult content, Playboy Enterprises Inc. is planning to add a cryptocurrency wallet for users on its network of adult websites. According to a press release issued by the company this morning, the wallet will accept multiple cryptocurrency tokens. In the release, the Los Angeles, Calif.-based company called out the Vice Industry Token (VIT) for use within its ecosystem of websites. Reena Patel, … Continue reading Playboy Announces Cryptocurrency Wallet For Its Adult Network Empire