Despite Market Gains on the Day, Bitcoin Remains Below $6,500, Ethereum Loses $300 Support

August 19: The crypto market picture shows signs of recovery following last week’s major market crash, but momentum has not yet rallied sufficiently to indicate a categorical reversal of the bear market. August 17 saw the first major attempt to reverse fortunes, but these gains have not been widely consolidated. At press time, Bitcoin (BTC) …

Research Attempts to Uncover Political Leanings of Crypto Community

Although Bitcoin is inherently neutral, its influence is becoming increasingly pervasive in U.S. political spheres. This phenomenon is triggering researchers to try to identify the dominant political ideology of the cryptocurrency community.  What is the Prevalent Political Ideology of the Crypto Community? Bitcoin’s neutral and democratic nature is one of its primary virtues. As such, …

Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful …

Joseph Lubin Embraces Crypto Bubbles, While Playboy Gets Impatient for Blockchain

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Ethereum Co-Founder Joseph Lubin Doesn’t Believe Market Collapse …

Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes, …

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Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain

An official from SoftBank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech …

ETN vs. ETF: Which Is the Investor’s Dream?

There has been a big push for investors to be able to buy Bitcoin without actually having to buy the digital currency. Products — such as futures — have entered the market and upon their arrival in early December last year, Bitcoin rallied toward $20,000. However, the biggest prize on offer for investors — mainly …