Crypto news

Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...

Canaan Creative – the second-largest developer and distributor of bitcoin mining equipment – has filed for a public listing on the Nasdaq. The company is hosting a $400 million initial public offering (IPO) to potentially pay off debts and fund both blockchain artificial intelligence (AI) research.Canaan Creative Is Rushing to the GoalCanaan is among the largest companies developing bitcoin miners, and is second only to Bitmain, which like Canaan, is stationed in China. As it stands, both...

Entrepreneur and Bitcoin entrepreneur Kim Dotcom said his newly founded company K.im is supporting WikiLeaks founder, Julian Assange. Yesterday we reported about how K.im was created in order to merge internet with the Bitcoin so there could be a platform that allows artists, content creators and digital businesses to sell their content and digital goods without censorship, outside of monopolies and, what’s most important – without the middleman.In a tweet on the same day, Dotcom said 10% of...

Deutsche Bank has embarked on a comprehensive restructuring plan, in a move to revive its failing business, according to reports from earlier this year, but recent events show that its program may not be going as expected. Deutsche Bank took a devastating financial blow which has totally derailed it from its intended market target.Surrounded by an ongoing restructuring plan, the German lender has released its third-quarter report for 2019 on Wednesday, which shows a net loss of 832 million...

The famous Big 3 – Amazon, Microsoft and Google – went crazy in this earning season with their revenues made through cloud infrastructure reaching almost $22 billion. The rulers of the cloud infrastructure market have driven major societal change via their dominance and role in online activities, unlike other tech giants as is for example IBM. They are ruling the online market through anti-competitive practices, constant-rising financial power, and intellectual property law.Be it as it may,...

Authoritarian China has unironically banned criticism of blockchain technology. The move comes after President Xi Jinping publicly called for more blockchain research. The crypto industry remains divided about China’s sudden pivot. In one of the biggest U-turns in crypto history, China professed its love for blockchain. Now, the nation is going as far as to penalize anyone who dares oppose it. Chinese President  Xi Jinping recently rocked the crypto industry with a speech exalting...

Billionaire Ted Leonsis has made a real name for himself when it comes to sports and gambling. Recently, the mogul took a case to the Supreme Court that resulted in the U.S. relaxing some of its gambling laws. This led to less money flowing into illegal operations and more into legitimate gambling platforms.Leonsis: Confused About Crypto?No doubt Leonsis has done wonders for the gambling sector, but he seems to suffer from a viewpoint that many in his position are unable to shake. As we all...

XRP daily transactions are skyrocketing ahead of its most anticipated conference. XRP could surge significantly, according to a renowned technical analyst. The lack of regulatory clarity in the U.S. about cryptocurrencies is affecting innovation. The number of daily transactions on the XRP network is reaching levels not seen since 2018. Meanwhile, Ripple is preparing to host its annual conference, Swell. Despite the hype around the event, this cryptocurrency is drifting sideways, as traders...

Ethereum witnessed a small decline of about 2.14% over the past 24 hours and it currently trades at $182. This pullback comes after Ethereum managed to spike by 11.39% over the past week. ETH fell sharply against BTC but found support and started to travel north.Ethereum remains the second-largest cryptocurrency with a market cap of $19.76 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency managed to rebound at the support at $152 and started...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.The buyers managed to demonstrate a good bounce upwards. Currently, such assets as the Bitcoin or Bitcoin Cash promise interesting growth. While on the BCH/USD chart there seems to be a reversal Head and Shoulders pattern forming, hinting on further growth, the Bitcoin is yet preparing for leaving the borders of the channel and go on rising confidently.Unfortunately, the Ethereum, Litecoin, and EOS remain under pressure....