Ethereum Watch

[unable to retrieve full-text content]Source: ETHNews Advertisements

Credits:istock.com/Lightboxx Advertisements As I sit down to write this market update, Ethereum’s price is the most glaring number to report. Namely, that the average ETH price topped $1,000 for the first time ever. The crypto advanced 4.63% against the U.S. dollar, bringing the Ethereum to USD exchange rate to $1,025.07. It is a landmark moment, […]

On his social media platform, Mark Zuckerberg addresses centralization, decentralization, and cryptocurrencies. Advertisements On January 4, 2017, Facebook founder and CEO Mark Zuckerberg expressed some of his views on the social media site regarding the future of the platform, as well as decentralization and cryptocurrencies. Zuckerberg, who has made his fortune on a technologically enabled […]

The self-certification process, used by some trading houses like CBOE and CME, will be examined by regulators after cryptocurrency derivatives come under the spotlight. Advertisements Remarks made by Chairman J. Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) on this day, January 4, 2018, acknowledged “one thing is certain: ignoring virtual currency trading will […]

BitConnect has drawn the attention of regulators who want to stop it from soliciting cryptocurrency investment services to Texas residents. Advertisements On January 4, 2018, the Commissioner of the Texas State Securities Board filed an Emergency cease-and-desist order in an effort to put the brakes on investment programs offered by England-based cryptocurrency platform, BitConnect. According […]

Visa’s sudden decision to rescind services for cryptocurrency credit cards may have left some people temporarily stranded abroad without access to funds. Advertisements On January 5, 2018, WaveCrest, a card issuer working with cryptocurrency credit cards, including Bitwala, Cryptopay, Wirex, and TenX, announced that following an order from Visa Europe, it would suspend services immediately. […]

A new report from the Royal Bank of Canada (NYSE:RY) says blockchain technologies could become a $10.0-trillion ecosystem, benefiting those “protocols” at the lower end of the infrastructure pyramid. (Source: “RBC Report: Crypto and Blockchain Could Unlock $10 Trillion Market,” CoinDesk, January 3, 2018.) Advertisements Allow me to translate that into plain English. When it […]

A government think tank in India is exploring the benefits of blockchain technology. Advertisements It was reported on January 4, 2018, that the government of India’s policy think tank NITI Aayog is seeking to develop a proof of concept regarding the application of blockchain technology to various sectors. Addressing this, a government official told local […]

Blockchain technology is being tested in an aerospace and banking industry partnership that would develop security systems. Advertisements On January 4, 2018, Israel’s largest bank, Bank Hapoalim, announced that it will work together with the cybersecurity wing of Israel Aerospace Industries (IAI) to test the mettle of blockchain-based defense systems. The state-owned bank brings expertise […]

Some of you may recall that TechCrunch founder Michael Arrington launched a $100.0-million crypto investment fund last year. Advertisements In doing so, he made Ripple (XRP) the “cash position” of the fund. This meant that investors had to buy XRP in order to join, rather than simply putting U.S. dollars into the fund. It was […]