Why Bitcoin Bubble Bursting is Good for Entire Crypto Space

Even the most ardent crypto evangelist must admit that bitcoin appears to have been the worst investment of 2018, at least in pure dollar terms. The cryptocurrency has lost almost 80 percent of its market capitalization since it established an all-time high at around $327.15 billion. The adoption rate and volume have dropped likewise. Organizations that were planning to launch their bitcoin-based services have delayed their projects or scrapped them entirely. As any seasoned trader would say, the bitcoin bubble is bursting — or has burst already. The Anatomy of…

Bitcoin Payments Aren’t Dead, They’ve Just Gone Niche

When Frank and Nikki McKeever founded their small art retailer in Florida in 2012, they never could have imagined that cryptocurrency would become an integral part of their business. In September 2017 – a period of surging cryptocurrency prices and publicity – the Lynx Art Collection began offering crypto-themed artworks with litecoin, monero, ether, and bitcoin payment options. Yet even when market prices dipped, their gallery sales continued climbing. “The bear market didn’t really affect our sales throughout the majority of 2018,” Frank McKeever said. Revealed exclusively to CoinDesk, the Lynx…

Initial Exchange Offerings Restore Agility to Blockchain’s Original Fundraising Model

One of the most groundbreaking concepts to emerge from blockchain over its short lifespan has been the initial coin offering, or ICO. In this article, the author will discuss an emerging trend called “Initial Exchange Offerings” or IEOs. Reading about blockchain or cryptocurrency in any newspaper will allude to this unique type of public offering, which draws parallels with its cousin the IPO. An ICO is when a company issues blockchain tokens that it will then sell in exchange for common cryptocurrencies like Bitcoin or Ethereum, which are more fungible.…