Business News / 11:20 am

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

The former architect of China’s central bank digital currency (CBDC) initiative has left the position to head the country’s central securities clearing house. Yao Qian, who founded the Digital Currency Research Lab at the People’s Bank of China (PBoC) last year, has now taken up the role of general manager at the China Securities Depository […]

Cryptocurrency / 9:13 am

Price of Tether Stablecoin Tanks to 18-Month Low

The price of the tether stablecoin (USDT) has fallen to an 18-month low Monday, despite a general rise in the wider crypto markets. The tether-US dollar exchange rate (USDT/USD) fell to $0.925284 at 07:00 UTC  – the lowest level since April 27, 2017 – and was last seen trading at $0.967296, representing a 2 percent […]

Bitcoin Price / 7:11 am

Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k

Bitcoin, the world’s largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing its prices above $6,900 for the first time in two weeks. CoinDesk’s bitcoin price index shows that just after 5:00 UTC on Monday, bitcoin’s price saw a sudden jump by $400 over the course of 60 minutes, pushing the price […]

Activists / 5:07 am

How a Left-for-Dead, $0.22 Crypto Asset Became a Lifeline for Activists

“It exists everywhere.” That’s how Athens-based crypto enthusiast named “Sporos” describes faircoin – a tiny, $0.22 asset that in terms of daily trading volume, is barely a glitch on global cryptocurrency exchanges. Although it’s listed at number 1,134 on CoinMarketCap, faircoin users aren’t phased by the market’s disinterest. Instead, they pride themselves on faircoin’s utility […]

Altcoins / 3:52 pm

Support rises with cryptocurrency trying to escape the bear -AMBCrypto

The bearish market has not been kind to the cryptocurrency market with sporadic bullish runs being the only silver lining for holders and enthusiasts alike. EOS, the 5th biggest cryptocurrency in terms of market cap, has also come under the reign of the bear with price drops spread across the spectrum. 1 hour The trend […]

Business News / 2:50 pm

Crypto Reckoning? Industry Vets Strike Humble Tone in San Francisco

Many at San Francisco Blockchain Week 2018 are warily reflecting on the lessons of the 2017 token sale boom, the pride that came before this current bear market fall. Veteran investor and AngelList co-founder Naval Ravikant told conference goers on Monday the last “hype cycle” was a “coming of age” for many cryptocurrencies such as […]

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