The ICO boom of 2017 won’t be forgotten any time soon. In addition to a wave of valuable (and not-so-valuable) Ethereum-based projects, it also brought failed ICOs and outright scams. At least, that’s the position of Orbs, a new platform for enterprises that want to create blockchain apps.
Cosmos (ATOM) features heavily in crypto media, but it’s rarely the subject. Google ‘Cosmos crypto’ and you’ll find that the ‘internet of blockchains’ is most often mentioned as an investor or supporter in other blockchain projects.
Bitcoin has reached an interesting inflection point. Whereas at one point its primary use was for black market sites like Silk Road, bitcoin has now found an almost universal appeal. It has become attractive to people dealing with economic catastrophes, as well as to institutional investors like JP Morgan, Fidelity, and the Yale Endowment fund.
Keybase users are in for a special treat, courtesy of the Stellar Development Foundation (SDF). The end-to-end encrypted chat platform is hosting a massive airdrop of Stellar Lumens (XLM) tokens for all users of the app.
Active Keybase users will receive an airdrop of 100 million Lumens today, valued at $6 million USD. This works out to about $19.75 worth of the Stellar cryptocurrency per user, with “no strings attached.”
Bitcoin has failed to make meaningful gains during the weekend. A strong downwards push on Friday dropped BTC dangerously close to $10,000, though the support held.
Prices stabilized during the weekend, but significant altcoin action during this period has rolled back some of Bitcoin’s dominance gains, which have now fallen below 70%.
Cere Network, a blockchain-based customer relationship management startup, has announced its plans to conduct a part of its token sale on Matic Network. The sale will occur later today, and buyers will be able to use MATIC tokens to invest in Cere.
The project is incubated and supported financially by Binance Labs, and has already received $3.5M in funding from notable industry investors such as Fenbushi Capital, NGC, Arrington XRP, Kenetic Capital and others.
Tezos is coming under pressure in early week trading after giving back its recent trading gains and falling by over ten percent from its current monthly trading high. Bulls failed to overcome the XTZ / USD pair’s 200-day moving average during the latest advance, causing bears to move in from the just below the 1.18 level.
As Bitcoin fights back above five digits and other altcoins move into the green, many crypto enthusiasts are wondering if there are still profits in cryptocurrency mining.
If you’re not certain you can make profits from cryptocurrency mining, the answer is probably ‘no.’ Most profitable operations have enormous sunk costs, including wholesale purchases of energy, cooling, and ASIC machines.
A mini-rally this weekend has raised questions on whether 2019 will solely be the year of Bitcoin (BTC). With altcoins finally in the green, investors may be trying to diversify their crypto holdings or lock-in gains from the increasing value of BTC over the past week.
The greatest threat to America’s democracy might not be the Russians, according to former Congressman Ron Paul. In an episode of his weekly Freedom Report, the occasional presidential candidate and supporter of the cryptocurrency movement spoke against the Federal Reserve’s potential influence over American elections.
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