Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing with the U.S. Securities and...Read More
Ethereum has seen a significant uptick in its price lately as the market went on its recovery path. At the time of writing, ETH was valued at $195.2, meaning the coin registered YTD gains of over 50%. The post Ethereum 2.0 testnet attracts over 22K validators as addresses with 32 ETH surge appeared first on...Read More
Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States. Ebang Files $100M IPO In The US The China-based firm has applied with the US Security and Exchange Commission (SEC), so it...Read More
Despite his short-term adverse views of Bitcoin’s price, Ross Ulbricht remains bullish in the long-term. In a recent post from the prison, he reiterated his last $1,200 price prediction, saying that this could be simply the start of a vast upwards movement, which could lead to $333m per one BTC. Bitcoin To $333 Million? As...Read More
The coronavirus crisis is a golden opportunity for cyber criminals looking to score a quick buck. In terms of Bitcoin email scams, it would appear that things are going from to worse in quick succession. There are always people looking to capitalize on global events, either for better or worse. Coronavirus Extortion Scams Continue The...Read More
Ethereum shot higher in the past 24 hours. The North American Market places the cryptocurrency above $189. Ethereum Price rallied after a buying demand emerged at around $184.97 earlier today in the market. Meanwhile in the Asian market the ETH/USD pair traded just around 183.30 below the 183.83 zone which represents the 23.6% retracement of...Read More
Today, the crypto market is showing mixed signals. Top currencies like BTC, ETH, XRP have seen a minor gain in their prices. However, some currencies are standing strong and have a steady growth rate. The Cosmos (ATOM) coin is one such currency. At the time of writing this, the Cosmos coin price has increased by...Read More
Cryptocurrency prices are quite susceptible to news, according to a recent paper. While, somewhat unsurprisingly, adverse announcements lead to immediate sharp declines, the establishment of clear regulations tends to mark serious market gains. Crypto Reactions For News And Regulations The report compiled by the Federal Reserve Bank of Dallas initially questioned the efficiency of instituting...Read More
What a recovery. Bitcoin is only a few steps away from a full recovery since the March 12 collapse, which took place only six weeks ago and saw Bitcoin plunging to $3600 (BitMEX). The primary cryptocurrency had recently broken above at $7230. On the following 4-hour chart you can notice the mid-term descending trend-line’s breakout....Read More
Bitcoin is reducing its correlation with the stock market, and is transitioning towards gold’s performance, a recent Bloomberg report claimed. Amid the current COVID-19 crisis, both assets will outperform equities and emerge as the most substantial gainers. Bitcoin To Join Gold The unexpected outbreak of the COVID-19 pandemic jolted world economies and financial markets. The...Read More
The start of 2020 hasn’t been overly promising for Bitcoin or other cryptocurrencies. However, it would appear that things are not all that bad, given the current circumstances. The Bitcoin price has seen ample turmoil throughout the first few months of 2020. Bitcoin Price Momentum Seems Promising Despite ample volatility, it would appear that the...Read More
