A former engineer at Elon Musk’s SpaceX has announced his new firm LXDX would launch a public cryptocurrency exchange, Leaprate reports Monday, September 17. Previously engaged in automation and propulsion at SpaceX, Joshua Greenwald has since turned his attention to institutional-grade cryptocurrency trading. While already operating for institutional investors, Greenwald now wishes to...
Zimbabwe’s new finance minister said the country should embrace Bitcoin at state level in a manner similar to Switzerland, local media outlet IT Web Africa reports Monday, September 17. Citing the Swiss central bank’s “investment and understanding” in Bitcoin, Mthuli Ncube said he would call on the Reserve Bank of Zimbabwe (RBZ) to follow in its footsteps. “Zimbabwe...
There are low time frame recoveries but it looks likely that our previous Cardano price analysis and subsequent price predictions remain true. This is despite the flurry of positive price boosting Cardano news which should naturally lift prices above it’s all-time-lows and main support at 7 cents. If...
Venture capital investor Tim Draper has predicted that total cryptocurrency market capitalization will hit $80 trillion in the next 15 years, news outlet DealStreetAsia reported September 14. Speaking at the DealStreetAsia PE-VC Summit 2018 in Singapore, Draper argued that the significant slide in the cryptocurrency market in recent months is attributed to people who...
Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1.5 billion people – most of...
Key Points Bitcoin price traded further higher above the $6,450 and $6,510 resistances against the US Dollar. There is a short term ascending channel in place with support at $6,505 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely forming a double top pattern...
Estonia, September 2018 – CINDX, the crypto asset management company, recently opened its ICO pre-sale and is introducing a multifunctional platform that allows anybody to invest in the crypto market while consistently earning returns. CINDX is humanizing blockchain investments, bringing successful trades to the average joe, with a security...
Authorities from two U.S. states have implored the Criminal Investigation Department (CID) in India to seize the property of promoters of Bitcoin (BTC) investment firm BitConnect, the Times of India reported September 11. BitConnect, which ceased its operations in January of this year, was an open-source cryptocurrency and an investment program accused of being a Ponzi scheme. The accusations were based...
The market data is provided by the HitBTC exchange. The market is finding it difficult to sustain the total cryptocurrency market capitalization above the $200 billion mark. The news of the U.S. Securities and Exchange Commission (SEC) suspending trading in the Bitcoin Tracker One and Ether Tracker One securities has further dampened the sentiment. While the...
Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, while another 40 percent raised more than $1 million each, a new research report claims. Research and consulting firm GreySpark Partners studied the ICO market across the past several years, finding that...