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Omni COO Ryan Delk and CEO Tom McLeod

This self-storage startup lets you take your extra stuff and rent it to strangers for cash or cryptocurrency

On Wednesday, Omni announced it would allow users to cash out their rental income by moving it to an XRP wallet. You can rent your own stuff to strangers via Omni, and make cash while keeping your home clean.

Bitcoin tanks as cryptocurrencies join in global market bloodbath

Bitcoin, the benchmark cryptocurrency, dropped suddenly and sharply in Asian trading overnight, losing as much as 7%, before rebounding a little.
Benjamin Dives, London Block Exchange CEO.

A UK startup is planning to develop a ‘crypto pound’ as the sector goes crazy for ‘stablecoins’

The London Block Exchange plans to launch a new cryptocurrency pegged to the pound: LBXPeg. One-for-one sterling reserves will be held in a segregated bank account.

Bitcoin sheds almost $1,000 in 24 hours

The sharp sell-off that gripped cryptocurrency markets on Wednesday has extended into a second day, with major digital assets across the spectrum continuing to fall during trading on Thursday.

Bitcoin drops sharply and suddenly — and now cryptos across the board are getting slammed

Bitcoin dropped sharply Wednesday, losing $500 of value in just over an hour. Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
The ETF proposals were based on bitcoin futures contract prices. Futures are currently offered by CBOE, pictured, and CME Group.

The SEC just rejected 9 bitcoin ETF applications, citing manipulation fears — but bitcoin is actually rising

Late on Wednesday, the SEC rejected an application for two products from ProShares, two from GraniteShares, and five other proposals from Direxion. It means the world is still waiting for its first fully regulated bitcoin ETF product.

A member of Congress dipped her toes into crypto — and likely took a big hit

The entire cryptocurrency market has gotten whacked since January, when the craze surrounding the nascent industry was nearing its peak. The flagship bitcoin has declined by 52% this year after hitting a peak of $19,843 shortly after the new year.

Ethereum plunges to its lowest level in 11 months

Ethereum is closely intertwined with initial coin offerings (or ICOs). Monday's decline comes as hundreds of those projects cash out of the digital ledger network after propping it up through thousands of fundraisers on the ethereum blockchain in the past year, Bloomberg reported.

The crypto market has lost 20% of its value in 2 weeks and bitcoin is still dropping

Bitcoin has fallen 13% against the dollar since the start of the month and the overall crypto market has lost $50 billion in value over the last two weeks.

UBS: Bitcoin is ‘too unstable and limited’ to be money or a new asset class — and 70% of the price action is driven by speculators

"In order to match US M1 money supply, bitcoin's price would need to be around $212,992. To process Visa's c.$30 billion of daily transactions using the old core protocol, the block size would need to be 18.8MB instead of 1MB, or the price would have to be around $187,611."