What is EOS? Block.one Explains EOS Project Through Series of Videos

The EOS team has been releasing videos all week about the project, making it a great time for beginners to check out the EOS blockchain. We’re here to help break things down even further – what is EOS? Let’s find out. Who is Launching the EOS Blockchain? It’s not Block.one, if that’s what you’re thinking. Block.one is the team behind the development of EOS, but, as the first of the EOS videos explains, the EOSIO blockchain can only be launched by communities – not by any centralized organization, which is what…

Bitcoin Cash Price Watch – BCH/USD Declines Further, Now Below $1,200

Key Highlights: Bitcoin Cash continued its decline this week, falling below the $1,200 mark. BCH/USD failed to break above its previous resistance level of $1,290 despite a minor upside correction. BCH/USD is currently on a bullish run that could retest the $1,200 price level. Bitcoin Cash Price Declines Below $1,200 On Friday morning, Bitcoin Cash price continued its decline from earlier this week, now sitting below the critical $1,200 mark. Even though there was a minor upside correction, the cryptocurrency failed to break above the previously established $1,290 resistance level.…

Bitcoin Price Watch – BTC/USD Declines Further, Drops Below $8,200

On Friday morning, Bitcoin price continued its downward movement from earlier this week, falling below the key support level of $8,200. At one point, BTC/USD was below $8,000; a one-month low. The coin hasn’t been able to break above the key resistance of $8,500 for the past three days. Currently, BTC/USD is trading at around $8,100 as of 12 PM EST. Bitcoin Fails To Rally Despite all the hype surrounding Bitcoin throughout the “Blockchain Week” event held in New York, the cryptocurrency failed to rally as people had hoped. Instead,…

IOTA News: New Partnerships, Qubic Video Out, Coin Down

IOTA News: It’s yet another sea of red today on the crypto markets. IOTA (MIOTA), ranked as the 8th largest cryptocurrency, is currently down nearly 10%. Why? Likely because of the overall decline that the crypto markets are experiencing. Most major virtual currencies are down.  What happened with IOTA, though? Did the IOTA Foundation announce some IOTA news that didn’t sit well with the market? Let’s see what we can find out.  IOTA (MIOTA) Daily Chart  IOTA (MIOTA) is currently selling for $1.72. This puts the coin down 7.75% in…

Coincheck Plans to Expand into US Market

Monex Inc., the new owner of the cryptocurrency exchange Coincheck, has announced that Coincheck will expand into the US. Monex acquired Coincheck back in April, not long after Coincheck experienced one of the largest crypto hacks of all time. Coincheck has been working to recover ever since but hasn’t fully succeeded yet. Now, in the hopes of helping the exchange to recover further, Monex plans to expand Coincheck into the US, reports Bloomberg. Getting over the crypto hack isn’t the only reason Coincheck is expanding into the US, though. The CEO…

Alibaba Founder, Jack Ma, Calls Bitcoin (BTC) a Bubble

The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC). “There is no bubble for blockchain, but there’s a bitcoin bubble,” Ma said in a panel at the second World Intelligence Congress forum. Ma said he has been researching blockchain for years and highly believes in its…

World of Ether Reveals First Gameplay; 6 Months in the Making

World of Ether  – Over six months ago, on a snowy December day in NYC World of Ether began its development cycle. A month later, the game opened its presale and sold nearly half a million USD of in-game presale assets, called “monster eggs,” in under just two days. Since then its community has grown and people have begged and pleaded in their chats for a glimpse into what they have been building. Over the weekend, at ConsenSys’s Ethereal Summit, the team showed just that. They gave a first look into…

Consensus Summit 2018; It’s Not All Positive

Consensus 2018 Updates: The Consensus summit is an industry event famed for creating excitement and price hikes in the cryptosphere. However, while there was much positive news to write home about, the Consensus also shed light on some not-so-encouraging opinions and facts. Here are some areas of concern to take away with you from this years summit… Prices Fell Bitcoin price fell again on Tuesday – right in the middle of the summit. This could be attributed to the differing opinions from highly respected figures, which were on display at…

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…