Why Did BAT Lose 28% of its Value Overnight After Coinbase Listing?

Since November 8, within a 48-hour period, Basic Attention Token (BAT) lost 28 percent of its value following a high profile Coinbase listing. On Friday, as CCN reported, BAT declined by around 20 percent against the US dollar. In the last 24 hours, BAT dropped by yet another eight percent, recording a 28 percent decline The post Why Did BAT Lose 28% of its Value Overnight After Coinbase Listing? appeared first on CCN

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Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018

The prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and more deals within the blockchain space, even in the face of declining or stagnant crypto prices. Despite market volatility and a peak-to-trough bitcoin price decline of The post Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018 appeared first on CCN

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EOS Takes a Vow, Malta at the UN, and an $8 Billion Valuation: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Also make sure you check out our interview with Caitlin Long. Price Watch: Bitcoin is down 1.11% this week following a The post EOS Takes a Vow, Malta at the UN, and an $8 Billion Valuation: This Week in Crypto appeared first on CCN

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Coinbase Joins Race For A Crypto ETF, Seeks Help From BlackRock

Coinbase has thrown its hat in the ring to launch a cryptocurrency exchange-traded fund (ETF) and has approached BlackRock for help, according to unnamed sources interviewed by Business Insider. BlackRock, which manages $6 trillion in assets, has pioneered ETFs and has a blockchain working group. Coinbase, which announced a cryptocurrency index fund for accredited investors The post Coinbase Joins Race For A Crypto ETF, Seeks Help From BlackRock appeared first on CCN

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Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate

Coinbase has become the first crypto industry organisation in the USA to form a Political Action Committee (PAC). This was revealed on July 20 in a filing by the United States Federal Election Commission (FEC). The move is the latest in a series of bold moves by the crypto exchange and wallet provider as it The post Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate appeared first on CCN

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Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions

Cryptocurrency exchange and brokerage giant Coinbase has walked back a claim that it had received explicit approval from the U.S. Securities and Exchange Commission (SEC) to acquire three companies as part of its future plans to list cryptocurrencies that are deemed securities under federal regulations. As CCN reported, the San Francisco-based company had announced earlier The post Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions appeared first on CCN

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Coinbase App Loses Popularity During Bitcoin Bear Cycle

The largest cryptocurrency brokerage and wallet has been freefalling in popularity ever since Bitcoin became old news. Not too long ago, everyone’s favorite question was, “Do you have a Coinbase account?” It was as popular as being on Facebook, back then. That one single detail separated those of us who knew what was going on The post Coinbase App Loses Popularity During Bitcoin Bear Cycle appeared first on CCN

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Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites

Expedia, the online travel agency that has been one of the largest merchants to accept bitcoin since 2014, has quietly stopped accepting the cryptocurrency, forcing users to seek alternative travel services. Marketexclusive.com reported on July 2 that an Expedia spokesperson confirmed the company would not accept bitcoin for hotel or flight bookings and that it The post Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites appeared first on CCN

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