Blockchain 

Bakkt’s First Week Trading Volumes Hit Just $5 Million USD

Bakkt, the highly anticipated Bitcoin futures contract, recorded just $5 million USD in total trading during its first week. The long-awaited Bitcoin futures platform from The Intercontinental Exchange (ICE) launched last week to considerably underwhelming fanfare given the hype surrounding the project since it was initially announced last year. According to ICE, which is also the parent company of the New York Stock Exchange, just 623 Bitcoin futures contracts were traded during the first week of Bakkt. Each of Bakkt’s futures contracts represents one Bitcoin, so just over $5 million…

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Blockchain 

Ethereum Gains as Momentum Returns, Jumps 20% This Week

While Bitcoin went on its incredible rally during the first half of the year, its biggest competitor, Ethereum (ETH), struggled massively and failed to generate any meaningful gains for its holders. There was a time when many had predicted that ETH was going to eventually overtake Bitcoin, but that never came to pass, and this year, the performance was particularly disappointing. Is it a Bullish Sign? However, it seems that ETH is making a comeback this week; the token recorded massive gains to stoke excitement in the crypto sphere yet…

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Blockchain 

Cosmos (ATOM) Soars 55% This Week

Cosmos (ATOM) is the biggest mover in the crypto space over the past week amid growing optimism. Let’s analyze the key reasons. Key Drivers The Bitcoin rally that fired up the crypto space over the course of the first six months of the year may have slowed down considerably, but there are many other tokens that are making rapid gains in the market. One of those cryptocurrencies that has been making impressive gains over recent days is Cosmos (ATOM). The token has had a superb week and rallied by as…

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Blockchain 

Ethereum Classic (ETC) Suddenly Rockets 30% in a Week But Why?

While Ethereum has been in the middle of a bit of flux due to the halving and other associated factors, Ethereum Classic has been surging. The coin jumped by as much as 30% over the past week and much of the gains have been due to the slew of positive news that has come about with relation to Ethereum Classic. The coin started off the past week at $5.50, and today it has climbed to as much as $7.20 as more and more investors piled onto it. Here is a…

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Blockchain 

Tezos (XTZ) Outperforms Altcoins | Soars Over 40% This Week

The month has got off to a fairly promising start for a crypto sphere with Bitcoin managing to gallop past the $10,000 mark and many other tokens gaining significantly in the aftermath. While it is true that Bitcoin is almost always the leader of the market in terms of gains when the crypto space starts rising again after a slump, it has not been the same this time. This time, Tezos is leading. Big Rally Tezos (XTZ) has managed to gain more than Bitcoin this week, and according to many…

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Blockchain 

Stellar (XLM) Outperforms After the Fall Earlier This Week

Stellar (XLM) is outperforming the broader crypto market on the technical rebound. The world of cryptocurrencies can often prove to be a bit of wild ride sometimes, and it is especially so after the sort of week that has been unleashed on the crypto sphere. Many of the top cryptocurrencies declined yesterday after the comments from the head of the Federal Reserve Jerome Powell about Facebook’s Libra. Stellar Outperforms During the bloodbath yesterday, Stellar (XLM) dropped just like many other tokens, and at one point went down by as much…

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Ethereum 

Ethereum will Hold Apple and Tesla Stock Next Week

A digital exchange opening next week allows investors to trade in major public companies using digital currency on Ethereum. DX.Exchange is a first of its kind in the cryptocurrency space. The exchange allows trades to occur even when the markets are closed. Stocks Held on the Ethereum Blockchain DX.Exchange will at first offer digital tokens based on shares of ten Nasdaq-listed companies. The company plans on expanding to the New York Stock Exchange in the future. “We saw a huge market opportunity in tokenizing existing securities,” Daniel Skowronski, CEO of…

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Ethereum 

Ethereum (ETH) Dead? ETH Breaks Record this Week

Mainstream media has recently been sparking the question, “is Ethereum (ETH) dead?” Most journalists running these stories were referring to Ether or ETH, the digital token that runs on the Ethereum network. Ethereum (ETH) Dead? The reason the questions were prompted most likely had to do with ETH hitting 2018 lows recently. Most of the market, however, was also dropping at the time. Despite its downturn, Ethereum has held strong as the second-largest cryptocurrency by its total market cap. Ripple (XRP), the third-largest cryptocurrency, is around $10 billion behind ETH.…

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