Ethereum took a big hit during the recent crypto bloodbath throughout the month of May. After trading at the month-high at $830 over the US Dollar and 0.084 over Bitcoin, Ethereum is currently trading at $610 and 0.079 BTC. Looking…
3 Reasons Why Amazon Could Adopt Ripple and Why Amazon Should
Rumors about Amazon getting into the blockchain technology and utilizing cryptocurrencies have long been floating in the air. While there are not yet any official announcements by Amazon, here are three reasons why Ripple is a great candidate for Amazon’s…
Cathay Pacific rolls out blockchain-powered reward program for flyers
Cathay Pacific, the flag carrier of Hong Kong and an airlines giant, will use blockchain technology for rolling out their new rewards program for their flyers. They have worked with technology giant Accenture for this new reward program, named ‘Unlock…
The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption
Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The…
Cardano Blockchain to help coffee-growers in Ethiopia for coffee export
Innovative blockchain-based start-up Cardano has signed a memorandum of understanding (MOU) with the Ministry of Science and Technology of the government of Ethiopia, for agri-tech development using the promising distributed ledger technology (DLT). The MOU has special focus on coffee…
Bitcoin investors storm Bitconnect promoters over fraud allegations
Despite attempts by multinational agencies to fight and completely eradicate Ponzi schemes which are associated with cryptocurrencies, scammers have always been able to come up with new ways of beating the system. While the United States has achieved a significant…
Cisco patents technology that could allow cloud-based crypto mining
American multinational tech giant Cisco has won a patent that will allow crowd-sourcing of cloud computing model, which can facilitate many applications including crypto mining. The patent application was filed in September 2015, and has been approved recently by the…
Bitcoin Forms Flag Pattern on Four-Year Log Chart, Decisive Move Ahead – Technical Analysis
The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful…
Colorado Set to Be Open for Crypto Currency Campaign Donations
The state of Colorado also known as the Centennial state has announced plans to accept Bitcoin and other digital currencies for their political campaigns. According to a report by the Denver post, secretary of state Wayne Williams submitted the proposal…
Ethereum Bounces Off Support Level, Struggles to Break Resistance
The month of May was a corrective month for the cryptocurrency market. Ethereum (ETH) bounced off its major support level, and is looking to break resistance. As of press time, ETH/BTC trading pair is trading at 0.0769 ETH/BTC and the…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
