FinTech Stock LongFin Surges 2,600% Following Blockchain Company Acquisition
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The cryptocurrency world’s recent heights, with Bitcoin surpassing $19,600 per coin, and Ethereum reaching a new all-time high above $850, are seemingly heavily influencing the way traditional investors look at some stocks. Fintech firm LongFin (Ticker: LFIN) recently saw its value surge as much as 2,600%, following a press release. The press release revealed that
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Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin
The post Bitcoin.com Co-Founder Switches To Bitcoin Cash, Says Transaction Issues Doom Bitcoin appeared first on CCN
Emil Oldenburg, co-founder and chief technology officer at Bitcoin.com, has sold his bitcoin and switched to Bitcoin Cash because he is skeptical about its future, according to Breakit, a Swedish website. Oldenburg said bitcoin is now the riskiest investment a person can make. He said bitcoin’s transaction times, costs and lead times have undercut bitcoin’s
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(+) Technical Analysis: Bitcoin Slides as Litecoin and Ethereum Hit Highs Again
The post (+) Technical Analysis: Bitcoin Slides as Litecoin and Ethereum Hit Highs Again appeared first on CCN
It’s been a two-faced session in the cryptocurrency segment, as the most valuable coin drifted lower in a choppy fashion, while several major altcoins posted lofty gains amid the capital rotation before turning lower in late trading. The total value of the market is still above the $600 billion mark, and BTC us holding up right at
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Famed Short Seller ‘Pounding the Table’ on Bitcoin Investment Trust
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Famed short seller Andrew Left said that he believes the Bitcoin Investment Trust (OTC: GBTC) represents one of the easiest — and most profitable — short opportunities, regardless of what happens to the bitcoin price. Trader Says to Short Bitcoin Investment Trust Left, a trader at Citron Research, is “pounding the table” on the Bitcoin
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One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds
The post One Third of Millennials Will Buy Cryptocurrencies in 2018, Study Finds appeared first on CCN
The London Block exchange recently conducted a study involving 2,000 Britons. The study demonstrated that 5 percent of people under the age of 45 already have cash invested in a cryptocurrency and 11 percent are planning to invest in cryptocurrencies next year. A further 17 percent, are seriously considering investing in a digital currency by
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Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly
The post Bitcoin Dominance Drops Below 50%, Litecoin and Other Altcoins Surge Rapidly appeared first on CCN
The bitcoin dominance index has fallen below 50 percent for the first time since October, as alternative cryptocurrencies in the market such as Ethereum, Litecoin, and Ripple demonstrated strong performance over the past week. After a week-long rally, Ethereum, Litecoin, Ripple, Cardano, IOTA, Dash, NEM, and EOS, all of the top 10 cryptocurrencies with the
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Coinseed – Invest Your Spare Change in Cryptocurrencies – ICO Pre-Sale
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Augur Price Jumps 100%, for No Apparent Reason?
The post Augur Price Jumps 100%, for No Apparent Reason? appeared first on CCN
The augur price doubled on Tuesday in what may be a coordinated pump-and-dump — or at least a case of FOMO run wild. Augur Price Doubles Against the Dollar Augur, of course, is a much-anticipated decentralized prediction market that was bootstrapped through a token sale in 2015 — long before the initial coin offering (ICO)
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Bitcoin Price Drops $1,100 in Less Than Two Hours
The post Bitcoin Price Drops $1,100 in Less Than Two Hours appeared first on CCN
Bitcoin price fell by more than $1,100 in less than two hours during intraday trading on cryptocurrency exchange Bitfinex. Bitcoin Price Sheds $1,100 in 80 Minutes The bitcoin price had already been in decline leading into Tuesday morning, causing it to dip below the $19,000 level shortly before midnight ET. The downward slide continued throughout
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17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack
The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCN
The company that operates South Korean cryptocurrency exchange Youbit filed for bankruptcy after the trading platform was breached for the second time this year. Youbit Files for Bankruptcy After Second Hack This Year Tuesday morning, the Seoul-based Youbit published an announcement informing users that a hacker had successfully breached the exchange’s hot wallet, absconding with
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Singapore’s Central Bank Cautions Against Cryptocurrency Investments
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The meteoric gains in value by bitcoin and other cryptocurrencies have “concerned” Singapore’s central bank into issuing a public caution against cryptocurrency investments. In a notice today, the Monetary Authority of Singapore (MAS) urged the general public to “act with extreme caution and understand the significant risks” involved in investing in cryptocurrencies. An excerpt from
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Source: https://www.cryptocoinsnews.com/