After the ICO bubble popped in late 2018, projects scrambled to find new ways to raise money. After briefly courting the Security Token Offering, markets settled on a ‘new’ concept: the Initial Exchange Offering. Is this new model really an improvement over the original? Though the ICO market quickly grew to billions of dollars in...Read More
Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest. DONUT is More Popular Than Expected Things are a...Read More
Can cryptocurrencies ever replace fiat? This has been a subject of debate for many years now. According to Deutsche Bank’s latest study, the answer could be yes. Deutsche Bank’s analyst Jim Reid’s new study, titled ‘Imagine 2030‘, stated that Bitcoin and other cryptocurrencies could eventually replace the established Fiat currency system by 2030. “Overcoming regulatory...Read More
While some analysts are still expecting Bitcoin (BTC) to fall further, it appears that fundamentals and on-chain metrics are starting to imply bulls have the upper hand.Related Reading: Bitcoin CME Futures Gaps Are Filled With 95% Certainty, But Trading Them Is RiskyBitcoin Preparing to Head Higher Ahead of HalvingAdaptive Capital partner Willy Woo recently noted that...Read More
Many cryptocurrency enthusiasts dislike the process of sharing identity documents with exchanges and other service providers PayTrie is experimenting with a different KYC solution, known as Express Verification. Sharing sensitive identity verification documents with third parties carries significant risks. Simplifying KYC Verification More often than not, a data breach of a third party handling this...Read More
The global luxury jewelry industry and the mining industry are exploring blockchain technology to improve efficiency, tracking of materials, and enhancing transparency. Most importantly, the aim of using blockchain technology includes protecting miners’ health and the environment. NYT: “Blockchain Is a Growing Niche Within the Global Jewelry Industry” The World Gold Council indicates that the...Read More
Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack of momentum has caused ETH to hover around the $150 region as bulls and bears remain deadlocked.Analysts are now noting that...Read More
The Weiss Crypto Ratings chart saw EOS slide down the ranks. Weiss downgraded the project, pointing centralization as the chief reason. Weiss Moved EOS Down Straight to C- Weiss Ratings downgraded EOS from B to C-, despite the favorable estimations in the past. The chief reason was the influence of big token holders, which could...Read More
HODL is such a popular trading strategy in the crypto community that it has transcended into a meme. HODLers are flexing their muscles as they refuse to sell even if they are in profits. Add to that the halving and we have the recipe for bitcoin rocket fuel. Many bitcoin traders laugh at the idea...Read More
The past month has been a pretty challenging time for bitcoin HODLers, and cryptocurrency in general. There has been precious little to celebrate, save for the fact that prices could easily have gone lower still. So isn’t it about time we had some positive news? Luckily, who should pop up at just the perfect juncture,...Read More
2019 is approaching its end, and while many crypto enthusiasts have marked 2020 as the next Bitcoin bull-run, it is mostly because of the anticipated halving event. While there is a consensus that the halving will propel Bitcoin price to new highs, some analysts see the cryptocurrency visiting lower values before we can even start...Read More
Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week back.Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart PatternWhile some say that the fact that Bitcoin failed to...Read More
Bitcoin and other cryptocurrencies emerged as a reaction to the inefficient traditional financial system and a growing crisis of confidence in these systems. Bitcoin has been used as an “escape valve” in countries with oppressive regimes like Venezuela and Zimbabwe and more than a decade since the creation of the Bitcoin genesis block, it can...Read More
The long-awaited Ethereum Istanbul hard fork will take place at 12 AM GMT on December 8. Once again, most ETH nodes are waiting until the last moment to upgrade. Ethereum Nodes Wait to Upgrade Until Last Moment Based on Ethernodes, the percentage of nodes that had not upgraded with the Istanbul version was pegged at...Read More
Cryptocurrency investors in the United States have two notable exchanges to choose from — namely, Coinbase Pro and Binance.US. Though there are several other options as well, these exchanges are operated by two of the most recognizable crypto companies in the world, both of which have a major U.S. presence. In this review, we’ll break...Read More
Another week, another round of Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two.Analysts from Bloomberg and other top industry firms are...Read More
Ethereum client Parity released an urgent announcement, admitting that they forgot to include an EIP in the latest upgrade. Ethereum’s Biggest Client Forgets EIP Inclusion A recent announcement posted by one of Ethereum’s biggest clients, Parity, came as a surprise. The service admitted that it forgot to include an EIP (Ethereum Improvement Proposal) into their...Read More
For some time Bitcoin price is traded at a tight range. Even, the few surges that happened from time to time, had for the biggest cryptocurrency the result of falling in the current range, over and over again. It seems as BitMEX Open interest is still responsible for the market volatility so let’s find out...Read More
While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder moved over 50,000 BTC ($410 million) and cycled the...Read More
In an Ethereum Q&A session conducted on YouTube, Bitcoin and open blockchain expert, Andreas Antonopoulos spoke about the proposed Ethereum 2.0 hard fork, the ‘first-mover advantage’, and whether or not he thought Ethereum would become the next Bitcoin. Antonopoulos explained how Ethereum and Bitcoin store accounts and code in fundamentally different ways. Where Bitcoin uses...Read More
Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600.Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation, which comes...Read More
The number of bitcoin addresses with any balance exceeded its January 2018 high. Even though the metric is not perfect, it provides a rough estimate of bitcoin’s adoption rate. The synchronicity in the growth of this metric and the explosion of dormant bitcoin addresses suggests accumulation. Most people only refer to the price of bitcoin...Read More
After touching an 8-month low on November 25, the Ethereum community saw the flagship coin make some modest gains, including a brief move up to $156 two days before December began. Since then, ETH has been consolidating between the $150 and $146 marks, with a value of $148 at the time of writing. CoinMarketCap shows...Read More
A Bloomberg article published on December 4 cited a study conducted by the San Francisco-based ‘Crypto Fund Research’, which stated that nearly 70 crypto-focused hedge funds catering to pensions, family offices and wealthy individuals had closed down this year. It also claimed that the number of new funds launched this year is less than half...Read More
Bitcoin’s journey through 2019 has been extremely volatile; starting at $3,000 and reaching a high of $13,800. Bitcoin’s price seems to be stuck in the $7,000 range for more than two weeks and the pattern formed since then indicated an incoming bearish move. BTC is in an ascending channel forming higher highs and higher lows....Read More
In today’s guide, we will be tacking some of the methods you can use to buy Bitcoin with PayPal. You should keep in mind that there is no direct way of buying Bitcoins using PayPal, but if you still want to go through with it, there are a few indirect ways that can help you...Read More
The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Bitcoin Futures...Read More
Tezos continues to battle the 7-month old descending trend line to climb higher. The cryptocurrency looks ready to surge against Bitcoin as the Stochastic RSI lines up for a bullish crossover. Tezos climbed to the 14th position with a market cap of $935 million. Key Support & Resistance Levels XTZ/USD Support: $1.23, $1.17, $1.12, $1.00....Read More
Transactions executing on Ripple’s On-Demand Liquidity [ODL] platform, previously known as xRapid, is on the rise. The fourth quarter continued to exhibit positive metrics for the XRP ecosystem despite the market’s bearish price momentum. In the latest development, XRP enthusiast, H_M_X revealed that transactions on the MXN corridor amounted to over $100 million out of...Read More
Bitcoin seems to be charging at $7,600 as it marks a slight increase of around 2.1% in the past 24 hours. The cryptocurrency seemed stuck in the same confluence price zone between $7,300 and $7,400 but has managed to break above it, and it now trades at around $7,550. As CryptoPotato reported earlier, an important...Read More
