Category: Markets

Goodbye ICOs, Hello TAOs? How Tokens Will Change in 2018

Christopher Pallotta and Vincent Molinari are the co-founders of Templum, an alternative trading system designed for cryptographic assets. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. As we enter 2018, it appears that blockchain’s contribution to capital formation has only begun. An unfortunate influx of both naive and bad actors begs for regulatory scrutiny, […]

Coinbase: Massive Buy Demand Caused Bitcoin Cash Launch Hiccups

Cryptocurrency exchange startup Coinbase has blamed overwhelming demand from buyers for issues experienced during the launch of bitcoin cash trading on its GDAX exchange last month. The firm added support for bitcoin cash on Dec. 20, but soon after moved to disable trading of its newest asset – an offshoot of bitcoin with key technical differences. Hours later, […]

Kodak’s Cryptocurrency Is Already Being Presold

The company licensed by Kodak to use its name in conjunction with a new cryptocurrency has already begun pre-selling it ahead of a public initial coin offering (ICO). Vancouver-based Global Blockchain Technologies Corp. announced today that it is investing $2 million in KodakCoin, the initiative announced yesterday by Kodak and WENN Digital, which is licensing the former’s […]

TD Ameritrade: Bitcoin ‘Great Opportunity’ to Get Millennials Trading

Investment service firm TD Ameritrade sees cryptocurrencies like bitcoin as a great way to attract millennials to trading. Speaking to CNBC on Monday, the company’s chief market strategist JJ Kinahan said that the cryptocurrency market is providing a chance to bring in people who were traditionally not interested in trading. Kinahan said: “People complain that we haven’t gotten millennials […]

Below $15K: Bitcoin Plays Defense Amid Bear Move

Bitcoin remains on the defensive, despite yesterday’s sharp recovery from $14,000 levels. Data source OnChainFX indicates the world’s largest cryptocurrency by market capitalization has depreciated by 4.54 percent in the last 24 hours. As of writing, CoinDesk’s Bitcoin Price Index is at $14,750 levels. The BPI fell to a low of $13,957.19 at 15:14 UTC yesterday, reportedly due to […]

$35 Million: Smart Contracts Platform Mobius Completes ICO Presale

Smart contract-based data platform Mobius Network successfully concluded a $35 million token presale, the company announced Tuesday. The turn-key software provider announced it had raised $10 million more than projected on sales of its MOBI token, which in turn is based on the Stellar network. After it launches, Mobius plans to develop its platform as a facilitator […]

Ether Bucks Bearish Trend to Hold Above $1,200

The price of ether, the native token of the ethereum platform, is bucking the bearish trend seen in top 10 cryptocurrencies by market capitalization. As per data source OnChainFX, ether (ETH) has appreciated by 7.44 percent in the last 24 hours. Meanwhile, bitcoin, litecoin, stellar lumens and dash are down at least 3 percent each. Tron […]

Overstock Leads $2 Million Funding for Blockchain Voting Startup

Medici Ventures, a subsidiary of online retail giant, has led a seed funding round for mobile voting platform Voatz. Voatz raised over $2.2 million in the round, which also saw investments from the Urban Innovation Fund and Oakhouse Partners, as well as angel investors including Walt Winshall, Tom Williams, Joe Caruso and members of the Walnut Ventures angels […]