The largest privacy-oriented cryptocurrency, Monero, recently upgraded its network in order to make the network ASIC-resistant. Prior to this upgrade, the network used to see a constant algorithm update to ward off ASIC miners; however, the recent change from CryptoNightR to RandomX promises to keep the network ASIC resistant for a much longer duration. Along with...Read More
Nvidia has urged a US judge to dismiss a case brought by investors who say it misled them over crypto mining revenues. The company claims that the plaintiffs had cherry-picked information and relied on analysts who were clearly speculating on its financials. Lack Of Transparency Over Crypto-Mining Demand The case was initially brought, back in December 2018,...Read More
As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on the Market God v7 indicator, designed by crypto analyst Thies. The analyst remarked that he designed the indicator to “eliminate” emotion from his...Read More
The Malta-based crypto exchange has been in the limelight often as it brings out new updates for the flexibility of its users. Let us wrap Binance updates of last week in a nutshell – Binance Launches Leveraged ETH/USDT Futures Trading Binance platform enabled ETH futures contract with 50x leverage. In initial phases, trade ETH futures...Read More
EOS, the seventh-largest cryptocurrency on the market has seen its ratings downgraded to “C” by the crypto rankings company, Weiss Crypto Ratings. In a tweet, published on December 6, Weiss stated that the Block.one cryptocurrency has seen a “Failure to decentralize,” and hence it has been handed this setback. Their tweet read, 1/6 We’ve had...Read More
Canada isn’t a crypto leader, but the last few weeks have been eventful. Here’s why the country is attracting attention―for better or for worse. Canada is hardly the world’s crypto capital. For one thing, it is economically weaker than the U.S. and China, two countries that dominate the blockchain industry. Furthermore, Canada has less permissive...Read More
Litecoin (LTC) has a limited potential, and will most probably fail to fulfill its promise of being silver to Bitcoin’s gold. Recent points made by entrepreneur and blogger Sylvain Saurel show that LTC has lost its momentum and is becoming irrelevant. Litecoin Rode on the Back of Bitcoin’s Rally Litecoin caught the price momentum at...Read More
U.S. Federal Government does not want to launch its own digital currency until the next 5 years. U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell announced in a House Financial Services Committee hearing in Washington. “Chair Powell and I have discussed this at length- we both agree that in the next five...Read More
Ethereum-based decentralized exchange, Uniswap has been one of the few projects in the Ethereum ecosystem that has been making constant developments. Even Vitalik Buterin chose the platform as one of the top three dApps making headway in terms of adoption. Buterin had stated, “I mean in terms of things that people are using, Maker, Augur,...Read More
As per the Fintech Investment market 2019 report, the Fintech Investments might reach $152.94 billion USD by 2026. The report analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, etc. The report claims that major global major leading industry players like Eaton, Grundfos, Tornatech, etc....Read More
Despite the current upside momentum exhibited by the cryptocurrency market, XRP was trading below its crucial $0.23 resistance point and has been tagging slightly above the $0.21 support area. At press time, XRP was trading at $0.22 after posting minor gains of 1.96%. Source: Coinstats XRP’s 1-Hour Chart: Source: XRP/USD on TradingView XRP’s hourly chart...Read More
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also read: Regulatory Roundup — Germany to Let Banks Sell and Store...Read More
Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring. Yesterday’s report by NK Economy claims that North Korean firm Marine Chain is actively keeping an eye on leading names in the crypto and blockchain space This would not have mattered for most other companies, but...Read More
RBI Governor Shaktikanta Das, on Thursday, announced that India will soon launch it’s own Central Bank Digital Currency (CBDC). Amidst a court case on the Cryptocurrency ban in India, this news comes as a hope for crypto in the future. India is a land of diverse mentality with a constant feud of banning cryptocurrency or...Read More
It seems that Christmas is coming earlier for users of Ethereum. The blockchain behind the second-largest cryptocurrency is about to see what is known as the “Istanbul” hard fork or blockchain update, which is one of the network’s few-and-far-between and important named upgrades.According to Etherscan, an Ethereum-centric data and information platform, Istanbul will activate on...Read More
Holidays are the gift that keeps on giving, at least as far as Bitcoin is concerned. Prime digital asset dealer SFOX has been pondering the Bitcoin holiday price swings, following yet another uptick last week that coincided with the Thanksgiving break. However, the company has concluded that it’s not FOMO driving this volatility. So what...Read More
BDCenter Digital Insights recently published its ‘Crypto Exchanges’ report, which covered the occurrence of cryptocurrency exchange names in specialized media outlets over the world. By analyzing the headlines of 2,500 resources on these crypto exchanges, forex investments, and businesses, the report discussed the most mentioned exchanges in the news, and which media outlets have the...Read More
Tezos had an effective year so far with a 185% YTD return. XTZ has been listed on many exchanges this year so far. Recently, Binance has added zero-fee Tezos staking on its exchange. Even Coinbase announced Tezos staking. As a result, the Tezos (XTZ) price has gained a surge since the announcement. Tezos Price Analysis:...Read More
Bitcoin’s precipitous drop to $6,600 seen earlier this month caught many traders aback; nearly no one, not even the top traders and analysts, expected for that price action to play out as it did in real life. Few predicted the subsequent bounce to $7,800, where BTC sits as of the time of writing this, too.Though,...Read More
Some decentralized applications have noted major successes in 2019. Gods Unchained can now be added to this list, as the project keeps making various headlines. Blockchain-based trading card games have always been rather popular among cryptocurrency enthusiasts. A Major Gods Unchained Card Auction So much even that some are willing to spend big money on...Read More
Going by recent headlines, it appears as though central banks around the world are planning to or in the process of creating their own digital currencies.The post appeared first on NewsBTCRead More
On Friday, the Clemency for Ross Ulbricht petition hosted on Change.org surpassed 250,000 signatures. The solicitation for signatures started in July 2018 and gathered roughly 6,200 signatures during the first three days. Now with a quarter of a million signatures asking U.S. President Donald Trump to commute Ulbricht’s sentence, the message clearly shows how people...Read More
The ongoing lawsuit against Ripple are not over just yet. If it is left up to the company, however, it will be dismissed rather shortly. Several people still argue how XRP is a security and should be traded as such. Ripple Wants to end the Lawsuit If that were to be the case, the consequences...Read More
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared...Read More
