This Week’s Headlines: Yale University Invests In $400 Million Crypto Fund Report: More Ivy League Universities Invest In Cryptocurrency Funds Soulja Boy Speaks About Bitcoin Gains In New Rap Album; Titles Track ‘Bitcoin’ Alibaba Group CEO: “I Pay Attention To Blockchain And Bitcoin” Ethereum Founder Says He’s No Billionaire in Twitter Fight The Markets: 7 -day Change vs USD BTC: $6,215 | -$304.53 (-4.90%) since last week ETH: $197.19 | -$22.6 (-11.47%) since last week…
Vitalik Buterin Founder of Ethereum, world’s second largest cryptocurrency by total market capitalization denied his billionaire status in a tweet, claiming to have never held more than 0.9 percent of ether with a link to his Ether wallet, with 365,003 ETH valued at about $73 million.
ZRX token has been listed by U.S. popular exchange Coinbase and is available on its professional trading platform, Coinbase Pro. The token launch announced in a tweet by the Coinbase pro team read: ZRX is launching on Coinbase Pro! The ZRX/USD, ZRX/BTC, and ZRX/EUR order books have entered transfer-only mode. Traders can deposit ZRX, but cannot yet place or fill orders. Order books will remain in transfer-only mode for at least 12 hours. The exchange also…
Bitfinex, British based crypto exchange has temporarily paused EUR, USD, JPY and GBP fiat deposits on all trade accounts linked to its platform; although customers believe trade will normalize within the week. Last week, online rumours had surfaced claiming that Bitfinex exchange is ‘insolvent’ especially as its banking partner Noble Bank International had been put up for sale; a report which the exchange representatives described as fictitious while denying the claims. According to their publication in…
The entire cryptocurrency market lost nearly $13 billion of value on Thursday due to fresh warnings from financial authorities about the rapid growth of digital coins and the potential threat to the economy. The International Monetary Fund said in a recent report that continued rapid growth of crypto assets could create new vulnerabilities in the international financial system. Dow Jones falls 3.1%, Nasdaq 4% in worst Wall St day since February can also be a contributing…
According to Diar, Bitcoin miner revenues in the first 6-months of this year surpassed all earnings of 2017. The reward and fees for the first three quarters of this year represented $4.7 billion in revenues for miners who are keeping the network secure. Bitcoin mining this year hasn’t been as profitable as in 2017 despite an increase in overall revenue due to increasing network hashrate and major downtrend of the Bitcoin price.