Honeycomb Helps Journalists and Publishers Harness Mobile Crypto Mining

Blockchain startup Honeycomb, was pitched as one of the “smartest, most clever” startups in a technology feature in 2018’s Online News Association Conference (ONA18). NiemanLab, part of journalism standards organization Nieman Foundation, questioned if a startup like Honeycomb could convince users to mine cryptocurrency with their mobiles and donate it to news organizations. Mine Monero …

Element Analysts Believe Bitcoin Market Has “Ran Out of Juice”

Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has Become Boring BTC/USD | Bitfinex “One can argue that the depressed volatility patterns we’re seeing …

Famed Endowment Manager Invests Yale’s Money in Crypto Funds.

On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars. CNBC added onto the report by stating Yale had also invested in Andreessen Horowitz’s $300 million …

Bitcoin Price Intraday Analysis: BTC/USD Stability Continues

Bitcoin on Friday surged a minor 0.21 percent against the US Dollar, intensifying the bias conflict it has been in since yesterday. The BTC/USD opened the day while valued at 6590-fiat and is currently fluctuating around 6593-fiat. Between then and now, the pair, however, witnessed a robust intrarange action, in which the value retested 6500-fiat as its …

Institutional Traders Haven’t Rescued Crypto Yet

Throughout 2018’s price slump, investors in digital assets hoped for an influx of institutional investors to rescue crypto prices. Retail investors pinning their hopes on large investors breaking digital assets out of their price slump are beginning to make peace with an uncomfortable fact — the institutional investors are already here. Hedge funds and proprietary trading …

Ether Price Analysis: Higher Lows Could Yield Retest of Local High

After two back-to-back weeks of record-setting volume, ether finds itself situated below historic resistance and currently unable to reach its downtrend line: Figure 1: ETH-USD, Weekly Candles, Downtrend and Record-Setting Volume For months, ether has been unable to break its downward trend. And now, after having an enormous amount of buying step in, the market …

Bank of America: ‘Blockchain Could be a $7 Billion Market’

New estimates from Bank of America indicate that the global blockchain market could eventually hit $7 billion. Even though the analysis didn’t provide an actual timestamp, it outlined that marquee companies like Microsoft and Amazon can benefit greatly from the emerging technology and its widespread adoption.  Blockchain is a ‘Multi-Billion Dollar Opportunity’ According to a …