Bitcoin Price Feels Uncomfortably Heavy as Crypto Market Flatlines

The cryptocurrency market once again featured almost nonexistent volatility on Tuesday, though the Bitcoin price continues to feel uncomfortably heavy. The global average for Bitcoin pushed upward a slight amount, to $3,470, in the 24-hour period. Notably, it dropped on Bitfinex to $3,505. This is important because if Bitfinex pushes downward, the rest of the crypto market is likely to go lower. For various reasons, Bitfinex trends higher than the rest of the market, as we’ve noted repeatedly in these daily round-ups. Sometimes it creates a questionable arbitrage opportunity of…

Read More

Activision Alums Raise $16 Million to Build EOS-Focused Blockchain Game Studio

Mythical Games is “a next-generation game technology studio.” Their focus is online games where players own the assets they develop or acquire in the game – true digital ownership powered by the blockchain, as opposed to managed digital ownership backed by centralized servers. It’s an important difference. When a player acquires assets in a game The post Activision Alums Raise $16 Million to Build EOS-Focused Blockchain Game Studio appeared first on CCN

Read More

Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the native cryptocurrency The post Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion appeared first on CCN

Read More

Interview: Joe Fanelli, Co-Founder of Top 21 Block Producer EOS Asia

Since going live a couple of months ago, EOS has generated a lot of column inches for good or for bad. One man who knows a things or two about the cryptocurrency, fifth-largest by market cap, is Joseph Fanelli. He is the co-founder of EOS Asia, which is an active block producer on the EOS The post Interview: Joe Fanelli, Co-Founder of Top 21 Block Producer EOS Asia appeared first on CCN

Read More

Rumors: Flood in Sichuan China Destroyed Bitcoin Mining Centers

Eric Meltzer, a partner at INBlockchain, the largest blockchain-focused fund in China, reported that rumors suggest a bitcoin mining facility in China was destroyed by a massive flood that affected the entire province of Sichuan, China. Heavy Rain and Flood in Chinese Provinces Affect Mining Centers As an investor in bitcoin back in 2013 and The post Rumors: Flood in Sichuan China Destroyed Bitcoin Mining Centers appeared first on CCN

Read More

Prominent VC: Investors Remain Committed to Cryptocurrency Despite Bear Cycle

Barry Silbert, the founder and CEO of Digital Currency Group (DCG), the largest venture capital firm focused on the cryptocurrency market, has said that investors are still committed to the cryptocurrency market and are showing interest despite the cryptocurrency bear cycle. Over the past few years, DCG has evolved into the largest and most influential The post Prominent VC: Investors Remain Committed to Cryptocurrency Despite Bear Cycle appeared first on CCN

Read More

EOS User Posts Private Key Online, Dares Critics to Steal Funds

It’s a truth universally acknowledged that one should never expose their private keys to another individual or an untrusted piece of software. However, one EOS backer is putting that worldview to the test. On Friday, anonymous Steemit user “eosinsider” levied a challenge to the nascent cryptocurrency’s critics: here’s my private key — steal my funds. The post EOS User Posts Private Key Online, Dares Critics to Steal Funds appeared first on CCN

Read More

Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump

The cryptocurrency market has slightly rebounded by $7 billion over the last 24 hours, despite the struggles of bitcoin, ethereum, and other major cryptocurrencies in the global market. Augur Deploys Smart Contracts On Ethereum Mainnet Earlier today, on May 17, the Augur team announced that after years of development, the smart contracts of Augur will The post Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump appeared first on CCN

Read More