New tokens are more likely to win if they find institutional investors

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.This week, the focus was on the Bitcoin Cash (BCH)…

Despite the gloomy short-term price trend of Bitcoin (BTC), the pattern of liquidations on BitMEX and historical funding rates point toward a possible serious short squeeze in the medium-term.“High chance BTC bears get margin called big time in coming months. Funding rates will be your evidence in hindsight,” Bitazu Capital partner Mohit Sorout said.On March…

A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able…

The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.

Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) Aug. 16. The system described in the patent, entitled “Node Characterization in Blockchain,” intends to introduce a method of data extraction from…

The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3.The directive — which came into force on July 9, 2018 — sets a new legal framework for European financial watchdogs to…

“Steemitans and Twitterers, after four beautiful years, I have sold Steemit to @justinsuntron. AMA tomorrow at 9am PT.”Ned Scott, ex-CEO of Steemit, is not the first crypto founder to sell to Justin Sun. He likely won’t be the last. But his now-deleted tweet rivals the most controversial blockchain announcements of recent years.“I have to say…

The world's third-largest cryptocurrency continues to gain traction across the globe. 546 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after…

If Bitcoin (BTC) was born in response to the systemic failures laid bare by one global financial crisis, then the subsequent rise of various decentralized networks can be seen as differences in opinion on the best way forward. All are in agreement that the existing financial system is broken, but are slightly at odds in…