China Updates Crypto Ranking, Downgrades BTC Further

China’s Center for Information Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Ranking The China … Read more

Largest South Korean Exchange Launches Crypto Market Indices

The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. Meanwhile, Upbit, the country’s largest crypto exchange by the number of coins listed, has two similar indices and sub-indices divided into three broad categories. … Read more

The Daily: Blockchain.com Launches OTC Trading Desk, Shapeshift Relaunches Coincap

Wallet provider Blockchain.com has created an OTC trading desk as part of its efforts to cater to institutional investors. Also in The Daily this Sunday, Shapeshift launches the redesigned Coincap tracker, Kraken lists Cardano and Qtum, and Compound offers its users the option to short cryptocurrencies. Also read: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins … Read more

Bitdb’s Global Database Now Crawls the Entire BCH Transaction Universe

This week the Bitcoin Cash (BCH) developer Unwriter has released the second iteration of Bitdb, a global NoSQL database backed by BCH and implemented with Mongo-DB. Unwriter’s latest Bitdb 2.0 allows the protocol to continuously synchronize itself with not only the BCH op-return database but now the autonomous database syncs with every bitcoin transaction. Also … Read more

Tippr Bot Distributes Over $100K in Bitcoin Cash Across Reddit Forums

During the first month of 2018, news.Bitcoin.com reported on a bitcoin cash (BCH) tip bot called Tippr, which distributes thousands of BCH tips on Reddit and Twitter. This week, according to Tippr statistics just on Reddit alone, the tip bot has tipped people over $100,000 worth of bitcoin cash (76 BCH) since the app’s launch. … Read more

China Updates Crypto Ranking – Bitcoin Makes Top 10

China has updated its crypto ranking, adding two projects to the previous month’s list. Bitcoin has significantly improved, making the top 10 list for the first time. Crypto projects are ranked in three categories: technology, application, and innovation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 33 Crypto Projects Ranked China’s Center for Information … Read more

Exchanges Round-Up: Coinjar Launches Aussie Crypto Fund, Square Trades OTC

In recent news pertaining to virtual currency exchanges, Coinjar has launched Australia’s first cryptocurrency index fund; Square’s latest quarterly report has revealed that company is executing its crypto trades via the over-the-counter (OTC) markets rather than “public cryptocurrency exchanges;” and Poloniex has launched EOS pairings. Also Read: SEC Has No Jurisdiction to Look at Bitcoin for … Read more

China’s New Crypto Rankings – EOS First, Ethereum Second, Bitcoin Drops to 17th

The ranking of cryptocurrency projects by the Chinese government has been revised with two new crypto projects added. EOS tops the overall list of 30 crypto projects; Ethereum fell to second place while Bitcoin dropped to 17th place. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space China Now Ranks 30 Crypto Projects China’s Center … Read more

Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018

No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month.  Also Read: Bitcoin in Brief Monday: From New York to Historic Istanbul Market Crypto Hedge … Read more

Mining Consumes Half as Much Power as BECI Estimates – Coinshares

Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex … Read more