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Mark Cuban Backs Former Coinbase Employee’s $20 Million Token Fund

Mark Cuban Backs Former Coinbase Employee’s $20 Million Token Fund

A former employee of bitcoin’s best-funded startup is seeking to raise $20 million for a fund that will invest exclusively in cryptographic assets. Headed by one-time Coinbase product manager and Runa Capital principal, Nick Tomaino, the fund, called 1confirmation and launched officially today, already boasts impressive early backers. This includes celebrity investor Mark Cuban, who went so […]

Can Ripple Effectively Rival Bitcoin and Ethereum in Terms of Success?

Can Ripple Effectively Rival Bitcoin and Ethereum in Terms of Success?

Their XRP business model is entwined with the success of the company. One cannot succeed without the other, that much is evident. There is still a lot of confusion regarding Ripple and their XRP token. Unlike cryptocurrencies such as Bitcoin and Ethereum, Ripple is not targeting the same market. More specifically, the company wants to […]

Bitcoin Cash Wins Mining Power as Price Falls Back Below $600

Bitcoin Cash Wins Mining Power as Price Falls Back Below $600

Bitcoin may be winning the battle for investment dollars, but when it comes to attracting mining power, competition is heating up. After the bitcoin cash blockchain experienced a major adjustment this weekend, the less than one-month-old cryptocurrency has seen a dramatic reduction in mining difficulty, and perhaps more crucially, an increase in its profitability for those providing computing power […]

Bitcoin Price Jumped From $3,000 to $4,000 in Just 60 Days: Reasons & Trends

Bitcoin Price Jumped From $3,000 to $4,000 in Just 60 Days: Reasons & Trends

Since 2012, Bitcoin price has demonstrated an exponential increase in value amidst a rapid rise in global adoption, growing demand from institutional investors, and significant maturation of international markets. A well-performing asset A well-known cryptocurrency researcher known as “Jack Sparrow” recently released his findings on how long it took Bitcoin to reach certain price benchmarks. […]

Monero Price Hits Record High Near $100 on New Exchange Listing

Monero Price Hits Record High Near $100 on New Exchange Listing

The price of monero, the privacy-oriented cryptocurrency created in 2014, shot up by over 80 percent this morning, shattering its previous record by around $35. According to data from CoinMarketCap, the cryptocurrency has been largely trading in the $40–$55 range since May, yet at 07:00 UTC today, a spike in trading volume saw the price suddenly spike to an all-time […]