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What is a Spot Market and How Will it Help Crypto?

Contract markets trading platform ErisX has announced the launch of a spot market for cryptocurrencies, in what chief strategy office Matt Trudeau calls a “major milestone” for the company. The platform will initially offer U.S. dollar (USD) trading pairs against Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). ErisX previously dealt in interest rate swaps under the name…

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Coinbase Ventures Backs Matic Network Plasma Project

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Ethereum-powered layer-two scaling solution Matic Network (MATIC) has today announced Coinbase Ventures, the venture capital arm of top-tier cryptocurrency exchange Coinbase, as an investor in its seed round. Matic Network – which utilizes sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of proof-of-stake validators – announced the Coinbase Ventures investment news via…

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Is the IOTA-Jaguar Crypto Car Really that Big of a Deal?

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If recent news is anything to go by, people are quite excited that UK-based automobile manufacturer Jaguar Land Rover is developing a car that rewards drivers in cryptocurrency simply for driving it around. Sound too good to be true? Well, that’s because it probably is. In case you hadn’t noticed, ‘blockchain’ is kind of buzzword at the moment and cryptocurrency…

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Crypto Market: Ethereum (ETH) and Cardano (ADA) Could Breakout While XRP and Litecoin (LTC) Struggle to Hold Support

red and green candlesticks on stock market

After the shocking market decimation inflicted by the ongoing Tether-Bitfinex scandal, altcoins have reacted in different ways. While some seem to have recovered quickly, others are struggling to regain support. Ethereum (ETH) Due to the recent crash, Ethereum failed to utilize momentum from its ‘golden cross’ moment and start a much-anticipated rally. However, it has managed to hold support above…

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Bitcoin Bingo

Pixel Bitcoin Concept

These days it is becoming increasingly popular to use online sites for games that were traditionally played in gaming halls or casinos. Bingo, along with the majority of card and casino-based games, is now available through multiple online platforms. However, playing games online brings with it a previously unfound challenge: sending money via the Internet. Deposit Using Bitcoin at the…

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Crypto Investors Bet $1.1M on Guesser Prediction Market Startup in Historic Fundraise

A tree growing from pile of coins / CSR and green business / business ethics

Guesser, a user-friendly interface built atop the Augur (REP) decentralized oracle and prediction market protocol, has secured $1.1 million in seed funding from several crypto-friendly venture capital funds. For Guesser, whose team works out of the Spanish capital of Madrid, the injection of capital provides them with “the opportunity to build a top team of highly driven people, define market…

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Could Blockchain Tech Like Ripple (XRP) Provide the Solutions Needed to Give Singapore an FX Trading Edge?

Bloomberg recently reported on Singapore’s efforts to improve its foreign exchange trading market. The tiny Southeast Asian island nation is already one of the busiest foreign exchange trading hubs in Asia but it still falls far behind the world’s largest – London and New York. The nation only handles a daily average of $529 billion out of the total $5.3…

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