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Posts Tagged ‘Ethereum’

Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round

Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs and Nyca Partners. Also participating in the round were Andreessen Horowitz, Citi, JP Morgan, Wells Fargo, Y Combinator and Digital Currency Group, among others. The round raises Axoni’s total venture capital funding to over $55 million to date,…

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Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token

Prime Trust, a small U.S. financial institution that’s played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business. Revealed exclusively to CoinDesk, the Nevada trust company quietly began offering cold storage for bitcoin in mid-July, and will announce next week that it can also handle custody for ether and any…

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2 year contracts can be terminated?

I have a question. I saw a new ETH contract today, which is radiant. I think lifetime BTC contract will be terminated regardless of BTC price since they launched a new contract. I have a 2 year ETH contract. This 2 year contract can be terminated if maintenance fee gets higher than profitability like what…

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Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency

Cryptocurrency investing is risky business and one budding investor is feeling the pain after using a huge bank loan to build a losing cryptocurrency portfolio. DYOR and Steer Clear of FOMO It appears that FOMO got the best of one amateur cryptocurrency investor in Abu Dhabi who is now 85% down on cryptocurrencies purchased using…

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Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving

Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755. Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year’s bottom, according to Bitfinex data. The suffering has been even worse for much of the altcoin market, some of…

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Pot Publication High Times Now Says It Won’t Accept Bitcoin in IPO

Marijuana advocacy publication High Times is walking back a previous announcement indicating that it would accept bitcoin when it launches its initial public offering (IPO). The company said last week that it would accept bitcoin and ether – the cryptocurrency of the ethereum network – as part of its IPO, which seeks to raise as…

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Altcoin ‘Extinction’ Event Could Happen Now, Says Xapo President

Xapo president Ted Rogers suggested cryptocurrency markets could be facing a “mass extinction event” as Bitcoin’s fresh downturn drags altcoins ever lower. ‘Incredible Opportunity’ To Buy Bitcoin In Twitter comments August 13, Rogers said current conditions may prove timely for a wipeout involving “90 percent” of cryptocurrency assets listed on Coinmarketcap. Conversely, he added, Bitcoin…

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Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH00 remains in a tough spot, and so far there is no silver lining as ETH price is now now…

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