Crypto News

Bitcoin Mining Giant Bitmain Unveils ‘Next-Generation’ 7nm Chip

Advertisement Bitmain, the world’s most valuable cryptocurrency company, isn’t ready to relinquish its position as the dominant manufacturer of bitcoin mining chips — at least not yet. The China-based firm on Friday announced that it had developed a new 7nm application-specific integrated circuit (ASIC) mining chip for the SHA256 algorithm used by bitcoin, bitcoin cash, […]

Bitcoin

Bottom Officially In? Mike Novogratz Says Bitcoin Market Has Hit ‘Seller Fatigue’

Investment mogul and Bitcoin bull Mike Novogratz has stated his belief cryptocurrency markets have reversed for good as BTC/USD hits $ 6630 September 21. Novogratz: Bitcoin Has ‘Established’ Store Of Value Status Speaking at the Yahoo Finance second annual ‘All Markets Summit’ in New York, Novogratz told the audience that crypto assets had officially hit […]

Bitcoin

Fidelity, World’s 4th Largest Asset Manager, Says Crypto Products ‘Underway’

US multinational financial services corporation Fidelity Investments plans to release details of its new cryptocurrency offerings before the end of the year, its CEO revealed this week. ‘A Few Things Underway’ Speaking at the Boston Fintech Week in its hometown, Abigail Johnson said the company, which is famous for its bullish stance on cryptocurrency, had […]

Ethereum

Newsflash: Ripple (XRP) ‘Flippens’ Ethereum, Becomes 2nd-Largest Cryptocurrency

Advertisement A “Flippening” has once again arrived in the cryptocurrency markets, but — much to the chagrin of ethereum investors — it’s not the one that ETH holders have long anticipated. Bolstered by a seemingly-parabolic rally not seen since January, ripple (XRP) has managed to unseat ethereum as the second-largest cryptocurrency by market cap. Source: […]

Altcoins

Stellar’s Wallet Lobstr Announces Launch of Custody Service Aimed at Being Consumer-Friendly

Stellar’s wallet, Lobstr, has announced that it has launched a new custody platform aimed at being consumer-friendly for retailer investors searching for maximum security of their crypto assets. Launched in March 2015, Lobstr is partnering up with DigitalBits, a blockchain startup, which will see the launch of XDB Labs supporting custodial and wallet storage for […]