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ConsenSys-Backed Rhombus Reveals New Products For Ethereum Developers

ConsenSys-Backed Rhombus Reveals New Products for Ethereum Developers

news Rhombus has released new products designed to help further connect decentralized, ethereum-based blockchain applications to real-world data, the startup announced this weekend. Revealed at the ongoing ethereum conference ETHDenver, the blockchain-based “oracle” service will now support currency pairs, asset pricing and blockchain network data. These products can be used for free by developers competing in the…
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Rethink, Renew: ShapeShift CEO Erik Voorhees To Rebrand Crypto Exchange

Rethink, Renew: ShapeShift CEO Erik Voorhees to Rebrand Crypto Exchange

news Cryptocurrency exchange startup ShapeShift is planning a major rebrand this year. Announced at ETHDenver, an ethereum developer conference being held in Colorado this weekend, ShapeShift CEO Erik Voorhees said that starting Monday the company will be opening up a closed beta period for selected users so they can try a new version of the cryptocurrency…
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Japan: E-Commerce Giant Rakuten’s New Payment App Appears To Support Crypto

Japan: E-Commerce Giant Rakuten’s New Payment App Appears to Support Crypto

Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on Feb. 12. The app’s new structure appears to indicate that it will support cryptocurrency payments in addition to fiat.According to the company’s presentation material for…
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Coinbase Wallet Users Can Now Back Up Their Private Keys On Google Drive And ICloud. How Safe Is It?

Coinbase Wallet Users Can Now Back Up Their Private Keys on Google Drive and iCloud. How Safe Is It?

On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud.The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem skeptical about the idea of storing private keys on…
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Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles And Bottoms

Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms

feature Calling precise market tops and bottoms is next to impossible in the volatile cryptocurrency markets. That said, some traders believe identifying speculative bubbles and moments of bearish exhaustion can be made possible through the use of a fairly new metric known as the Mayer Multiple. Created by noted investor and podcast host Trace Mayer, the…
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Bitcoin Price Analysis Feb.17: BTC Is Facing $3600 (Again) And Could Turn Short-Term Bullish

Bitcoin Price Analysis Feb.17: BTC Is Facing $3600 (Again) And Could Turn Short-Term Bullish

For the past nine days, Bitcoin has been consolidating between the tight range of $3550 and $3650. The overall picture hadn’t changed and is still under bearish conditions. However, two signs could change the bigger picture for the near short-term. Regarding the open short positions, after reaching the long-term trend-line, there was a possibility of…
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Interview With Crypto ‘Optimist’ Brian Kelly: Bitcoin Is Still 50 Percent Undervalued

Interview With Crypto ‘Optimist’ Brian Kelly: Bitcoin Is Still 50 Percent Undervalued

This interview has been edited and condensed.The author of the "The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World," Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. CNBC’s prominent commentator, who is also the founder and CEO of digital currency investment firm BKCM…
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SEC Starts Review Of NYSE Arca’s Bitcoin ETF Rule Change ProposalErisX To CFTC: Regulated ETH Futures Would Result In More Robust, Liquid Market

SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change ProposalErisX to CFTC: Regulated ETH Futures Would Result in More Robust, Liquid Market

The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15.According to the notice, the NYSE Arca exchange filed a rule change proposal to list and trade shares of the Bitwise Bitcoin…
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How The Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’

On Jan. 10, 2019, the team behind a national cryptocurrency for the Republic of the Marshall Islands (RMI) — dubbed the Sovereign (SOV) — revealed that the coin is still being actively developed, despite previous disagreements among government officials, as well as reservations expressed by the International Monetary Fund (IMF) and the United States Treasury…
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