Bitcoin Price Watch: Bitcoin Remains Stagnant, Stubbornly Refuses to Move

At press time, everybody’s favorite cryptocurrency remains unchanged from yesterday’s price. It was trading for $6,400 and remains at this figure. Earlier this morning, the currency did brush shoulder with $6,300, though quickly recovered within an hour. It also briefly surpassed the $6,500 mark, then quickly retracted. Analysts claim that if bitcoin’s support levels can … Read more

UDAX Mobile App May Cause Friction With Coinbase

Making cryptocurrency exchanges and trading platforms more accessible to the masses is still problematic. It is evident that consumers’ focus is shifting to mobile. As such, companies will need to introduce mobile applications first and foremost. UDAX is one such application which integrates with Coinbase Pro, although it is not officially licensed. UDAX Could Run … Read more

Farewell GDAX, Hello Coinbase Pro

It has been coming for some time now, but GDAX is finally rebranding to Coinbase Pro. Although the functionality will remain largely the same, this new platform will potentially attract more users. It is an important development for Coinbase as a company. So far, some users are reporting major site issues, which doesn’t bode well. … Read more

The Daily: Pornhub Adds New Tokens, Fcoin Defends Trans-Fee, Coinbase Goes Pro

Among the interesting stories featured in today’s edition of Bitcoin in Brief are the new crypto tokens added by Pornhub, Fcoin founder’s defense of the controversial trans-fee mining practice and an update on the upcoming launch of Coinbase Pro. Also Read: Cryptocurrency to Fiat Transactions Remain High in the Philippines Bigwigs Talking Bitcoin vs Blockchain … Read more

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues … Read more