Bitcoin Cash is the Biggest Loser Albeit Roger Ver Optimism

Bitcoin Cash (BCH) is the biggest loser among the top ten cryptocurrencies: Bitcoin Cash price lost all the gains that it had generated amid infrastructural developments and analysts bullish bets. It is down almost 25% in the last seven days alone. The coin plunged to the $1,300 range today after touching three months high at the beginning of the month. The BCH network is now officially upgraded to 32 MB from 8 MB. Combined with other numerous advantages; the upgrading will significantly improve its transaction processing potential. The upgrade has…

Federal Reserve President Predicts Complete Crash

The cryptocurrency market hasn’t gained momentum despite several underlying developments in the last two months. Bitcoin and the rest of the virtual currencies lost the majority of gains that they achieved at the beginning of the month, pulling out almost $90 billion from the total cryptocurrency market capitalization in the last two weeks. Although the New York consensus conference couldn’t help bulls create a substantial rally, St. Louis Federal Reserve President James Bullard’s remarks have raised several questions over the future of cryptocurrency markets. Source Image: coinmarketcap.com The cryptocurrency market pulled back…

Consensus 2018 Highlights – Don’t Let This News Pass You By!

Consensus 2018 has come to an end. Instead of feeling upset, now is the time to reflect on all the news that various organizations announced. So, without further adieu, here are some Consensus 2018 highlights. Consensus 2018 Highlights Regulation at Consensus 2018 Regulation and the crypto industry go hand in hand. Therefore, it wasn’t a surprise that crypto regulation was discussed at Consensus 2018 and NYC Blockchain Week. During a panel, it was announced that while United States regulators are continuing to look into virtual currencies and ICO’s, there is…

The SEC Launched a Fake ICO – Did You Fall for It?

The SEC launched a fake ICO website called HoweyCoins to educate the public on how to keep an eye out for fraudulent initial coin offerings. The SEC Launched a Fake ICO, but Why? HoweyCoins is meant to be an “all too good to be true investment opportunity” that shows how easy it is for scammers to set up something that looks believable. “The rapid growth of the ‘ICO’ market, and its widespread promotion as a new investment opportunity, has provided fertile ground for bad actors to take advantage of our…

Microsoft May Build Identity System with Bitcoins Lightning Network

Microsoft’s New Identity System: Microsoft, the world’s sixth-largest IT company, announced its blockchain-based distributed identification system at Consensus Conference 2018, The identification system is used to monitor cryptocurrencies and the stock market. For Bitcoin, this news may be particularly encouraging because Microsoft developers hinted that they would use real Bitcoin chains to build platforms. Microsoft’s New Identity System Although Microsoft founder Bill Gates bluntly criticized cryptocurrency and called it “nonsense”, the company still chose to enter the blockchain field to promote its authentication process. Ankur Patel, chief project manager of Microsoft’s…

NY Consensus Day 2: The Practical Uses of Blockchain Technologies

Over 30 events are going on at the same time at Blockchain week. So significant is this event that the attendance doubled last year’s numbers and the international coverage was so extensive that it even included non-specialized media. These figures show the importance that society is currently giving to blockchain-based technologies. The first day was hectic and exciting and the second day of the NY Consensus did not disappoint either. Even though many important topics were covered – so many that it was impossible to review them all – most…

Verge (XVG) Returns to Changelly Cryptocurrency Exchange

Some exciting news for Verge (XVG) fans as Verge returns to Changelly today! Changelly announced that it was once again supporting XVG. Verge Returns to Changelly Back in April, Changelly removed Verge from its platform, in what the exchange said was due to technical issues with the XVG support. But now, Verge is back! Verge $XVG is finally back on Changelly! Buy it now at the best rate to do nothing tonight 😉 @vergecurrency — Changelly.com (@Changelly_team) May 16, 2018 Verge fans are hoping that this move will help the coin to regain…

Is Liquidity Network the Golden Key for Ethereum [ETH]? Off-Chain Micro Transactions in Seconds

Liquidity Network and Ethereum [ETH] – Scalability has been a prolonged issue surrounding Ethereum [ETH] for almost a year. Back in November at the Devcon3 conference in Cancun, it was the primary topic of discussion, but the weekend ended with no clear solution. There have been various projects to emerge that have the potential to solve the issue, but none have succeeded – yet. Vitalik Buterin, Ethereum’s co-founder has some serious clout when it comes to the blockchain space and just recently, he endorsed a new project that offers instant off-chain…

Ripple News: German Stock Exchange Adds XRP; First Look at NYC Ripple Office

Ripple News: Coins are back in the green today! This is good news, considering numerous coins started the week off slow — despite all that was happening over in New York. This means Ripple (XRP) is back up too.  So, the coin is up, but is there Ripple news to go with it? Let’s see what we can find out. First, however, let’s look at the Ripple price chart.  Ripple (XRP) Daily Chart Ripple (XRP) is currently selling for $0.698521. This puts XRP up 1.41% in the past twenty-four hours.  Source:…

Tom Lee Bitcoin Price Prediction Fail – Bitcoin Is Not Rallying As Expected

Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were expecting a strong rally amid the New York consensus summit. Indeed, Tom Lee – who has predicted Bitcoin price to reach $25K by the end of this year – failed to predict the price movement…