Finance Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors Weiss Cryptocurrency Ratings Weiss
Altcoins After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to grow. Neo is currently
Crowdfunding ICOs are like weddings: months of planning comes to one big day. If the event goes off without a hitch, it will bring in a lot of money. But with the world watching, the stakes are high. One slip and you risk losing it all: the bouquet, the immaculate wedding dress, and the $20 million in ether you’d been
News This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from the east, there were
Featured The cryptocurrency markets have turned into a casino and everyone is a winner, including perhaps the charismatic John McAfee. Following the dramatic bitcoin price rally to $19,891, and subsequent dump to $10,400 (GDAX), bitcoin is now in what is known as a consolidation phase where it will remain until it breaks out from that range. What characterizes consolidation is that
Altcoins ‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least so the investors hope.
Altcoins For the price of one millibit – or a thousandth of a bitcoin – you can buy 700 verge or 1,300 reddcoin. These microcap coins lack bitcoin’s luster, but they do have two things in their favor: there’s a lot of them and they’re ”cheap”. Priced out of being able to afford a whole bitcoin, many first-time investors are