Markets Update: Cryptocurrencies Lose Steam During the Weekend

Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this … Read more

Nasdaq CEO Adena Friedman is Bullish on Cryptocurrencies

The chief executive officer of Nasdaq, Adena Friedman, discussed cryptocurrency and blockchain, among a number of subjects, in an interview with CNN. In the interview, Mrs. Friedman expressed bullish optimism for the future of cryptocurrency. Also Read: Xapo Estimated to be Housing 6.25% of Total BTC Supply Nasdaq CEO Bullish on Cryptocurrency In the interview with … Read more

Nasdaq May Launch Its Own Cryptocurrency Exchange If Regulation Allows for It

Nasdaq has kept a very close eye on recent developments in the world of cryptocurrency. It seems the company is intent on launching its own cryptocurrency exchange in the future, although nothing has been set in stone just yet. It is quite interesting to see how financial entities are bringing cryptocurrency to the mainstream after many years of opposing … Read more

Bitcoin Price Watch: Currency Drops Another $100

Bitcoin has dropped to $8,800. This is a $100 drop from yesterday’s $8,900, which in turn was a fall from the currency’s previous high of $9,300 last Tuesday. People are scratching their heads and wondering what’s going on. Bitcoin’s market cap has sunk from $158 billion to $140 billion in less than 24 hours. Analysts … Read more

Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO … Read more