DigixDAO jumps to $791M market cap despite general crypto market downtrend. January 2018 has been a volatile month for cryptocurrencies worldwide, with major news developments including increased South Korean regulation, Facebook banning cryptocurrency advertising, India pushing toward a crack down, and news of Tether and Bitfinex subpoenas. Much has been made of Bitcoin functioning as a store of value akin to gold, but Digix literally ...
Impending legal action or media frenzy? Continuing its volatile 2018, crypto markets are facing another round of volatility—with many claiming this new drop is related to recent news stemming from comments India Finance Minister Arun Jaitley made regarding cryptocurrencies during a Feb. 1 budget speech. more...
The U.S. Securities and Exchange Commission has halted an Initial Coin Offering (ICO) launched by AriseBank, a 'decentralized' bank, which had purported to offer trading in over 700 crypto- currencies - including Bitcoin and Ethereum - and had raised around $600m towards a $1bn funding goal. more...
Ethereum broke out of wedge to top-side; but can it sustain? On Friday, we noted wedges forming in Ethereum and Bitcoin, of which the former broke out of to the top-side and sustained a move higher. Since the plunge during the middle of the month Ethereum has been the strongest of the group, but is it ready to head higher or is a broader lower-high developing? On the 4-hr, there is a series of higher-lows and higher-highs ...
Where December saw major gains for the global cryptocurrency market, January has seen a series of corrections that have brought it back closer to pre-December numbers—tempering some of the community's wild excitement and runaway speculation. But the past few days have shown Ethereum making a comeback. According to CoinMarketCap, the price of ETH was $998.03 at 2:04am PST Friday, Jan. 26. By 12:15pm on Sunday, Jan. 28, that price is now ...
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