EOS ICO Takes the Cake: $4 Billion Raised

The EOS ICO is about to make ICO record history. The year-long ICO is set to finish tomorrow with $4 billion invested in the project. EOS ICO Block.one, the company launching EOS, raised capital for their blockchain project by auctioning off the EOS tokens. For the past year, every 23 hours, two million EOS tokens were auctioned to the highest bidder. Since this process began on June 26th, 2017, over 900 million tokens have been sold. EOS is currently the fifth largest cryptocurrency, with a market cap of $10.6 billion.…

EOS Mainnet Launch: Block.one Confirms All Systems Are Go!

There was fear that after a vulnerability was discovered in the EOS code, the EOS mainnet launch might get delayed. But have no fear because that’s not happening! Block.one confirms that all systems are a go and the EOS mainnet launch should still be coming out according to plan. EOS Eliminates Panic The EOS team tweeted out their reassurances that the EOS mainnet launch was still on schedule. Media has incorrectly reported a potential delay in the release of EOSIO V1 due to software vulnerabilities. Our team has already fixed…

Ethereum Classic Fork Successful: “Difficulty Bomb” Diffused

With the success of the Ethereum Classic fork, what’s next for ETC? Ethereum Classic Fork: What Happened? The Ethereum Classic fork was completed to diffuse the so-called “difficulty bomb” that was coded into the Ethereum code. This code basically causes Ethereum mining to become more difficult once it switches to its new consensus algorithm. The fork was necessary for a couple of reasons. First, the difficulty bomb would have made Ethereum Classic mining unprofitable – which is certainly less than ideal for ETC miners. But ultimately, it also came down to…

Bitcoin Cash Holding at $1K, But EOS is Grabbing all the Attention

Bitcoin Cash price (BCH) rebounded from a one-month-low of $890 amid a broader market rally. The fourth largest coin rose at a double-digit rate in Tuesday’s trade and is increasing at a mid-single digital rate today. The BCH coin trades above $1K today – with the market cap of $17.4 billion. The coin gets the majority of volume from the Asian markets. OKEx, Bitfinex, and Huobi accounted for almost 25% of the total trading volume. Some analysts believe that Bitcoin Cash has hit the bottom and is set to move higher…

Crypto Mining News | To Mine, Or Not to Mine?

In 2018, the topic of crypto mining, otherwise known as crypto farming, has come up quite a bit. There’s been a lot of crypto mining news circulating the masses over the last few months, primarily because we have seen various nations take a step back from crypto farming. Why? It boils down to the issue of supply and demand. Some worry that the world won’t have enough energy to fuel the many ongoing crypto mining projects, while others strongly encourage it, and are looking to develop products that will assist miners.…

TRON [TRX] Main Net Just Hours Away – Next, TRON Independence Day

TRON [TRX] – The Tron Foundation will be launching the long-awaited Tron Main Net Odyssey 2.0 at 11 AM tomorrow, May 31, 2018 (UTC+8). The Tron team is located in Beijing China and will be broadcasting the launch live via their Twitter page. #TRX $TRX “A CALL FOR INDEPENDENCE” Strategic conference about #TRON Mainnet launch will be held at 11am, May 31, 2018 (UTC+8)! Be there or be square!😀Youtube: https://t.co/z8FUVQ96YxPeriscope: https://t.co/YlnAgrUd6j pic.twitter.com/TwkvfT9iwQ — Justin Sun (@justinsuntron) May 30, 2018 Two months ago, the team launched their test net and made the…

Highlights of Ripple in May 2018: The New Mixed with the Old

In an almost perfect sea of red, Ripple (XRP) stands out this Wednesday morning. Both Bitcoin and Ethereum are in the red, however, XRP is sporting a bright, green look. This is nice to see, and it gets even better when you realize it’s the second to last day of May. Is this an indication of where Ripple will be in June 2018? It’s hard to say, but considering the performance – on the news front – by Ripple in May 2018, it’s safe to say there are good things…

Cryptocurrency Market Rebounds, But Risks of Crashing Aren’t Out of Context

Cryptocurrency market rebounds: The cryptocurrency market has bounced back sharply, but risks of a complete crash aren’t out of the question, just yet. Crypto coins rose sharply on Tuesday in a bid to defend the critical support levels, as analysts were predicting enormous losses for the entire market if the bears managed to breach those support levels. The bulls have adequately defended the total cryptocurrency market cap from dipping below the $300 Billion mark early Tuesday; Bitcoin was also trading around the $7,000 support level. Source Image: coinmarketcap.com Cryptocurrency Market Rebounds…

Mr. Greenspan – Bitcoin Price Will Take Years To Stabilize

The substantial amount of volatility in Bitcoin price (BTC) is arguably the biggest factor hindering its potential for global acceptability. Retailers, restaurants, and even credit card companies refuse to support cryptocurrencies due to this price volatility. As a more-than-apt example, the cryptocurrency market cap gained $30 billion in the last twenty-four hours alone, after wiping off $150 billion in the previous three weeks. Source Image: coinmarketcap.com Important investment figures such as Warren Buffett have refused to invest in cryptocurrencies due to the speculation surrounding price movement. Fed Officials and other influentials…

Bitcoin Price Watch – BTC/USD Erases Gains, New Bearish Run Confirmed

This morning, Bitcoin erased yesterday’s gains and fell below the $7,500 price level. It’s currently trading in a range from $7,330 to $7,350. At the moment, Bitcoin is on another bearish run, testing a support of $7,300. However, the cryptocurrency is showing positive signs against the 100-day moving average, facing a barrier of $7,500 to $7,600. BTC/USD On New Bearish Run Following the recent price actions, BTC/USD is now on a new bearish run toward a major support of $7,300. The trading volume spike indicates that a minor selloff occurred…