Crypto Market Wrap: Ethereum Hit by Hard Fork Hiccup

Crypto Market Wrap: Ethereum Hit by Hard Fork Hiccup

Market Wrap Crypto markets fall back again marginally, Ethereum in pain on hard fork delays, Tron and Maker following. Yesterday’s minor recovery fizzled out as quickly as it began and crypto markets are retreating again. Total market capitalization is just above $120 billion and further drops are looking likely. Bitcoin has found a new short…

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Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a “peaceful revolution.” Song made the remarks during an interview with RT’s business host Max Keiser. “The biggest thing bitcoin brings is the decentralization of monetary power,” Song says (see video starting at 13:40). “If you have government and big…

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France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours…

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Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today

Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today

Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks? Or, is it as simple as Tilray “insiders” cashing in their profits? Tilray’s stock lost 17.24% by the end of trading on the Nasdaq today, wiping out recent day’s gains. With its IPO, Tilray…

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Former Olympic Wrestler Ben Askren Promotes Litecoin (LTC) Ahead of UFC 235

Former Olympic Wrestler Ben Askren Promotes Litecoin (LTC) Ahead of UFC 235

Cryptocurrency, Litecoin ( LTC)–As the crypto markets struggle to retain the price gains which characterized the start of 2019, Litecoin has seen a small boost in popularity thanks to the efforts of a MMA promotion and its fighters. While most investors could think of more apparent avenues for crypto advertisement, it appears the Litecoin Foundation has…

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2019 Bitcoin Prediction: DCG Exec Expects Wall Street Crypto Foray

2019 Bitcoin Prediction: DCG Exec Expects Wall Street Crypto Foray

Business Insider recently sat down with Travis Scher, who heads Digital Currency Group’s investment branch, which has made investments into Coinbase, Circle, Ledger, and other preeminent blockchain startups, to talk about his Bitcoin industry predictions for 2019. Among other things, Scher revealed that he expects for Wall Street and institutions to foray into crypto in the…

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Ethereum: Analysts Believe Upcoming Constantinople Fork Will be Bullish Despite Delay

Ethereum: Analysts Believe Upcoming Constantinople Fork Will be Bullish Despite Delay

Although Ethereum is currently seeing a price drop due to its highly-anticipated Constantinople hard fork being delayed, it will still likely prove to be a positive event for the cryptocurrency’s price once the security flaws are smoothed out and it is implemented. Investors will not know until Friday when the new scheduled date for the…

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Ethereum: ETH Price Plunges as Constantinople Fork is Delayed Due to Security Flaw

Ethereum: ETH Price Plunges as Constantinople Fork is Delayed Due to Security Flaw

Over the past several weeks, Ethereum has seen consistent price gains that can be largely attributed to investors anticipating its Constantinople hard fork. This fork was widely viewed as being bullish due to it reducing the future supply of ETH by 33%. Now, Ethereum’s price is plunging due to Constantinople being delayed as a result…

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