Market Wrap: Bitcoin Clings to $11,000 as Ether Futures Top $1B

Bitcoin was little changed at around $11,000 with lower spot volumes as traders eye growth in the market for ether futures. Bitcoin was little changed at around $11,000 Thursday as traders digested reports the U.S. economy shrank during the second quarter at the fastest pace on record, and that President Donald Trump is wondering if […]

Continue Reading

Crypto Privacy Tokens See Price Lift on Pornhub Deal

Privacy-focused cryptocurrencies are reporting solid gains Wednesday, propelled by the news adult entertainment leader Pornhub will now accept one of the most notable crypto assets in the category, verge (XVG), as payment. In response, it seems investors are snapping up other cryptocurrencies that tout confidentiality advances, with monero (XMR), dash (DASH), zcash (ZEC) and lesser-known names […]

Continue Reading

US, European Stocks Up but Crypto Traders Remain Cautious

American and European equity markets extended their gains on Thursday while major cryptocurrencies made only slight moves on the day. Bitcoin (BTC) was up 1 percent while ether (ETH) up by less than 1 percent. Notable 24 hour performances on CoinDesk’s digital asset board today as of 20:00 UTC include monero (XMR), up 8 percent; tron […]

Continue Reading

Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk. […]

Continue Reading