Huobi DM Whacks USD $20 Billion Worth Trading Volume, Despite Crypto Winter

Despite looking at the current bear market, the digital asset trading service at Huobi, also familiar as Huobi Derivative Market “Huobi DM” counts its trading volume rising USD $20 billion. This milestone faced nearly 15 days following Huobi DM rack up its initial USD $10 billion with respect to trading volume during its first operational…

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Report: ICO Founding Teams May Have Profited Nearly $13 Billion

BitMEX Research in partnership with TokenAnalyst has unveiled their latest report on ICOs on January 16, 2019. It attempts to track the $24 billion of tokens that ICO makers had issued to themselves. These tokens are currently worth only $5 billion. The report also highlights the lack of lockup clauses or vesting schedules, resulting in…

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Crypto Market Update: $10 Billion Pump Follows Four Day Dump

FOMO Moments The volatility appears to be creeping back into crypto markets with a dump one day followed by a pump the next. Since Christmas day markets have been sliding back but a bounce a few hours ago has injected $10 billion back into them and propelled total market capitalization back over $130 billion. One…

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Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

FOMO Moments The bears are still exerting their control over crypto markets as the downward slide continues. Total market capitalization has dropped back below $110 billion and is heading back towards a new yearly low. Bitcoin has failed to register any gains on the day and has sunk another 1.5% on the day to $3,450…

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Even After $30 Billion Invested Most ICOs Are Doomed ⋆ ZyCrypto

In the course of recent years, initial coin offering (ICO) ventures in the crypto market have raised harvested more than $30 billion. However, most ICO projects have little to display, particularly relating to end-user development, blockchain adoption, and predominantly, general user activity on decentralized frameworks. 5 ICOs that have delivered A small number of tokens…

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Cryptocurrency Market Update: $10 Billion Dumped as The Dead Cat Bounces

FOMO Moments As predicted crypto markets have dumped again after a few days of solid gains and the dead cat has bounced. Over $10 billion has flooded out wiping out all progress made this week. Total market capitalization is back below $130 billion and heading south again. Bitcoin led the lemmings once again when it…

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Another Crypto Dump, $12 Billion Slashed on Monday Markets

FOMO Moments Monday brings more doom and gloom to crypto land as markets have taken another turn south. A small rally over the weekend was not enough to form a sustained recovery and the bears have regained control to knock total market capitalization back below $180 billion. After a couple of days holding around the…

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Ripple Overtakes Ethereum as Bitcoin’s Market Cap Falls Below $100 Billion

Ripple has suddenly taken second position with a market cap of $19 billion while ethereum has fallen to $18.4 billion on increased global crypto trading volumes of nearly $20 billion. No one is celebrating, however, because this isn’t due to any gains by ripple but due to a brutal sell off across the crypto market…

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TRONbet Hits 3.1 Billion Total Won, The Game Continues! ⋆ ZyCrypto

Tron has been making headlines since this week for many reasons. From a  huge milestone of hitting 12 million smart contracts in just two weeks after its launching to Tron’s Justin Sun teasing Vitalik Buterin about Tron’s daily transaction surpassing the Ethereum token. But a quick pause in between the lines shows that Tron users…

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Coinbase revenue for this year is close to $1.3 billion

Coinbase, one of the biggest cryptocurrency exchange platform in the US, has made sales of over $1.3 billion, according to a report on Bloomberg. This comes in the limelight irrespective of the volatility of the cryptocurrency market, wherein the price of all the major cryptocurrencies has plunged to the lowest point since its all-time high earlier…

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Coinbase cuts workforce after $8 billion valuation round: upcoming IPO’s growing pains?

Reports have emerged that Coinbase is cutting its workforce ahead of its IPO. This comes after the valuation for the company was pegged at a whopping $8 billion. The move was reportedly in order to centralize their customer support, compliance and fraud departments. Tina Bhatnagar, Coinbase’s new hire for management of customer service is said…

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Could The Market Reach $1.4 Billion By 2024

Growth for cryptocurrency market will be realised at a compound annual growth rate of just over 6% as it reaches a valuation of $1.40 billion by the year 2024. Reports have submerged by different news outlets that suggest the crypto market could be driven by a stronger and more distributed ledger technology which improves the…

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The Blockchain Industry Could Reach $7 Billion, Says Bank of America | BTCMANAGER

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real…

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Coinbase gets valuation at $8 billion with Tiger Global’s heavy investment

Recently, it was reported that the biggest cryptocurrency exchanges, Coinbase is valued at $8 billion and is in talks with Tiger Global to receive an investment of $500 million. This is believed to make Coinbase one of the most valued startups in the US. According to the sources, Coinbase will spend $250 million in addition to…

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Austria to Raise €1.15 billion Federal bond Auction Using Ethereum Blockchain

There has been increase in blockchain technology applications also known as the decentralized ledger technology in private organizations and governments since it has been seen to be more secured, efficient, cheap, transparent and time conserving. In the bid to raise €1.15 billion federal bond auction, Austria has resolved to use the ethereum blockchain which is…

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Austria to Issue €1.15 Billion of Government Bonds on Ethereum

The government of Austria is to utilize ethereum’s public blockchain for the issuance of €1.15 billion ($1.35 billion) of government bonds in an auction that starts this October 2nd. Austria’s Finance Minister, Hartwig Löger, says: “For us, blockchain technology forms a focus of economic policy. Through setting up the FinTech Advisory Council at the Ministry of…

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Good News! Over $1 billion worth of Crypto to be Returned to victims of Mt.Gox Hack

An end has not come to the controversy that surrounded the first cryptocurrency exchange and the world’s largest holder of bitcoin trades as at 2014. Mt. Gox saga made way for the likes of Tim Draper and the Winklevoss twins Tyler and Cameron the cofounders of Gemini exchange to make good fortune through the stolen…

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Blockchain Powered Content Sharing Marketplace Rally Launches Airdrop Offering 2 Billion Rally Tokens

Rally, a user-centric marketplace for content sharing built on Ethereum, has just started the Rally Airdrop with an allocation of a whopping two billion Rally coins as rewards for new users joining, referring and engaging. The platform is dedicated to revolutionizing the concept of content sharing through transparency and decentralization, bypassing digital monopolies and empowering…

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Ethereum Registered $12 Billion Dollars in Yesterday’s Trading Volume

In general, Bitcoin and Ethereum are the currencies with the highest trading volume in the market. Most of the times, Bitcoin takes the lead. But on July the 28th, Ethereum registered a spike in volume of around $12 billion dollars. How was that possible? Ethereum Volume Spike A new virtual currency exchange known as EXX…

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Ethereum Suddenly Has $8 Billion in Trading Volumes, More Than Bitcoin

Seemingly out of no where and as if by click of fingers, very much overnight, ethereum’s trading volumes have suddenly risen to $7.7 billion, increasing as we write with our screenshots already outdated. A new exchange has made a loud entrance. It comes from Asia, and it comes with some new innovations. Innovations that may…

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