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CoinLive Weekly Recap: Find Out Last 7 Days' Top Stories

Author: CoinLive News Team Aug 12, 2018 at 01:08

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HOT STORIES OF THE WEEK

Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally

Bitcoin's (BTC) recent downtrend has deepened in the wake of the Securities and Exchange Commission's (SECs) decision to delay the exchange-traded-fund (ETF) ruling.

Where Have All the Augur Users Gone?

The day Augur launched it breezed into the rankings of top ethereum dapps by daily active users – but the momentum didn't last long.

Coinbase Is Boosting Its Crypto Buying Limit to $25K a Day

Cryptocurrency startup Coinbase will boost its daily purchase limits and allow for "instant" trading following user bank transfers, the company announced Tuesday.

XRP, Litecoin Fall to Lowest Prices Yet Seen in 2018

The price of XRP, the world's third-largest cryptocurrency by market capitalization, fell to a new 2018 low on Wednesday.

SEC Delays VanEck-SolidX Bitcoin ETF Decision to September

The U.S. Securities and Exchange Commission (SEC) has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.

Here's the Bitcoin ETF Presentation SolidX Gave to the SEC Last Week

The Securities and Exchange Commission (SEC) recently published a presentation given to agency staffers by crypto startup SolidX in late July...

Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder

Bitcoin (BTC) mining behemoth Bitmain is now valued at $15 billion after closing a pre-Initial Public Offering (IPO) funding round with backing from high-profile investors...

Ethereum Classic Tops $2 Billion to Set 3-Month Price High

As of press time, the total value of all ether classic (ETC), the cryptocurrency that powers the ethereum classic blockchain...

Opera to Launch Built-In Cryptocurrency Wallet for Desktop Browser

Opera is launching its desktop web browser with built-in crypto wallet functionality, according to a press release shared with Cointelegraph Wednesday, August 8.

94 Companies Join IBM and Maersk's Blockchain Supply Chain

IBM and shipping giant Maersk have recruited a sturdy crew for their global trade blockchain platform.

Bitcoin Price Looks to Defend $6K as Sell-Off Slows

Bitcoin (BTC) could defend the immediate support of $6,000 in the short-term as the recent sell-off is looking overstretched on the technical charts.

The SEC Will Decide on 9 Bitcoin ETFs in the Next 2 Months

The U.S. Securities and Exchange Commission (SEC) is set to make final decisions on nine proposed bitcoin exchange-traded funds (ETFs) in the next two months.

$30 Billion Lost: 4 Stats That Show a Crypto Market in Decline

The crypto markets are seeing red in a big way Wednesday as an ongoing rout is wiping away billions of dollars in value.

The Crypto Market Just Hit a Low for 2018

The total market capitalization for all cryptocurrencies just fell to its lowest point in 2018.

Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7.

‘No Coffee for Bitcoin,’ Starbucks Clarifies as Media Misrepresent Its New Crypto Venture

Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media...

WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018

Cryptocurrency price manipulation is largely conducted by organized “trading groups” using services such as Telegram, the Wall Street Journal claimed in a study...

Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR

San Francisco-based exchange and wallet service Coinbase announced today, Aug. 3 that it is exploring the addition of 40 new assets to its custodial service, Coinbase Custody.

After a Catastrophic Week, Crypto Markets Rally Forth Into the Green

The summer crypto rollercoaster continues, as the market sees a healthy rebound into the green after sustaining major losses yesterday.

Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance

Bitcoin's price rose above $6,500 Thursday, offering some respite for the badly battered bulls.

Google Search Can Predict Bitcoin Price Increases, Study Finds

A recent study published by the National Bureau of Economic Research (NBER) suggests that cryptocurrency markets move depending on the type ...

World Bank Taps Australia's CommBank to Issue Its First Blockchain Bond

The World Bank Group has partnered with the Commonwealth Bank of Australia (CBA) to issue a bond using blockchain.

Binance Offers First Look At Planned Decentralized Crypto Exchange

Cryptocurrency exchange Binance unveiled the platform's first look at its upcoming decentralized exchange (DEX) on Thursday.

Blockchain Research Institute Report Calls for Crypto Regulation Clarity

"Regulators would be wise to avoid the chainsaw when microsurgery could do" when it comes to blockchain technology, says author Don Tapscott.

Ethereum Classic Is Down 30% Since Its Listing on Coinbase

The price of ethereum classic (ETC) has depreciated more than 30 percent against the U.S. dollar since its listing on Coinbase.

Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities...

The ICO Market Has Hit the Brakes

The ICO economy succumbed to a dramatic decline in Q2 of this year. Such was the extent of the slump that its pushed the average ROI...

 

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