“We are tired of people asking us about target prices.” This was Tom Lee towards the end of 2018., the co-founder of Fundstrat Global Advisors and one of the most prominent cryptocurrency price analysts. He famously predicted Bitcoin would end 2018 at $25,000. Despite Lee’s claim to fame being his ability to predict stocks and…

Crypto Market Cardano founder Charles Hoskinson says the crypto market is following the same pattern that Amazon paved in its early days. In a new interview with Cointelegraph, Hoskinson compares crypto’s 2017 bull run to Amazon’s run-up before the dot-com bubble burst. As for when the crypto market will recover, Hoskinson thinks it could take…


Going…Going…Down… What started as a positive week, ended in disappointment for cryptocurrency prices. On Saturday, the market cap jumped over $3 billion in less than an hour. However, the positive momentum was short-lived. The following day, the market lost nearly $5 billion (~3.8 percent) in about the same amount of time. Over the week, the…

Saudi Arabia and the United Arab Emirates have announced further plans to launch a digital currency that will help their cross-border transactions. The cryptocurrency is one of seven joint initiatives, including a financial awareness youth training program, initiated by the Executive Committee of the Saudi-Emirati Coordination Council held over the weekend. The proposed cryptocurrency will…


2018 was a dramatic year for the crypto industry and cryptocurrency news sites have documented all the greatest triumphs, tribulations, trends and controversies. Let’s take a look at how the coverage has changed in 2018. Using the CryptoCompare API we collected metadata (title, category topics, date, time and publication) on 64,605 articles from 25 news sites over…

Mr. Crypto’s Wild Ride Looking at the starting and ending market caps of this week, you may think that it was a relatively uneventful seven days. The market shed less than two percent of value, placing the total market cap at around $122B. However, the middle of the week saw the market plummet nearly five…

The first bank to use the XRP-powered payment solution xRapid is touting its new partnership with Ripple. “Euro Exim Bank has joined Ripple, connecting banks, payment providers and digital asset exchanges via RippleNet to provide clients one frictionless experience to send money globally. Operating collaboratively with Ripple and selected counterparts, we are implementing both xCurrent…


Global banking giant HSBC used blockchain technology to settle $250 billion worth of foreign exchange trades in 2018. Using their private blockchain platform “FX Everywhere,” HSBC processed three million transactions, roughly 150,000 payments, reports the Financial Times. Richard Bibbey, acting global head of currencies, says the technology allows HSBC to “conduct thousands of foreign exchange…


The first bank to officially use Ripple’s XRP-powered xRapid says it will fully integrate the technology in a matter of weeks. Euro Exim Bank says it will begin using XRP in cross-border payments in the first quarter of this year. Graham Bright, the bank’s head of compliance and operations, told American Banker it ultimately plans to…


According to a new claim from a Russian economist, the world’s 12th largest economy is about to pour $10 billion into Bitcoin. Vladislav Ginko, a lecturer at Moscow’s Russian Presidential Academy of National Economy and Public Administration, says US sanctions are forcing Russia to diversify. Chris, I believe sitting here in Moscow, Russia, that the…


Goodbye 2018, Hello 2019 The new year rang in with a quiet week in cryptocurrency, all things considered. After a nine percent jump last Friday, the market moved sideways, bouncing between a high of $135.4B and low of around $125B. The week ended with a total cryptocurrency market cap of just shy of $129B –…

A new crypto exchange powered by Nasdaq’s world-class matching engine is set to tokenize US stocks such as Tesla, Facebook and Apple. The move offers a tantalizing preview of the potential for cryptocurrency and blockchain technology to transform the world of finance. DX.Exchange, which is based in Estonia, says it will offer digital tokens tied…