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Ethereum achieved a new milestone this Thursday as its price almost touched $1,700 for the first time in history. The ETH/USD exchange rate hit $1,699 on the Coinbase exchange after rallying 29.79 percent this week. Traders flocked into the Ethereum market in the wake of its futures contracts’ launch on the
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What is the intrinsic value of ether? This is a question I’ve been wrestling with this past week as the ether price set a new all-time high of $1,439.33, according to CryptoX’s price index.Similar to how many view the current bitcoin price bull run as being credibly different from previous cycles
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A U.K.-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift towards digital assets.Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted on Tuesday, Ruffer
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The technical firm behind privacy cryptocurrency zcash (ZEC) is transitioning to a non-profit, called the Bootstrap Project, after a majority of shareholders elected to donate their holdings in the company.“A majority of the investors and owners have informed us of their generous willingness to do this in support of our
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Bitcoin SV (for Satoshi's Vision) has hard forked with apparently just one minor issue, taking its blockchain back to the first "Genesis" iteration of the bitcoin protocol.The BSV network upgraded at approximately 02:00 UTC Tuesday, implementing Genesis rules that bring about "the full restoration of Satoshis Bitcoin protocol." Jimmy Nguyen,
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Nathaniel Whittemore is an independent strategy and communications consultant for leading crypto companies as well as the curator of Long Reads Sunday and host
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For example, for users who purchase 1,000 units of AntMiner S17 Pro, worth about $1.5 million, the firm will give away 62 put options, worth in total one percent of the miner order amount. Each put option would allow customers to sell bitcoin at a price of 35,000 yuan ($5,000)
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As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
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Bitcoin plunges to six-month low.Crypto markets fall below $200 billion for the first time since the spring.Bitcoin’s Fear & Greed Index prints “extreme fear.”Crypto markets plunged anew on Friday and are on track for their worst performance in two months, as bitcoin’s fear and greed index flipped “extreme fear” following
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On October 11, CREDITS.COM announced the addition of a new member in the position of Chief Business Officer. The replenishment in the ranks of the company has become a major event in the market due to previous employee experience. Jennifer Trelewicz, who previously held the positions of Director of the
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