The broader cryptocurrency market came back under downside pressure on Tuesday, as Bitcoin and other major cryptocurrencies gave back early week trading gains. Matic Network is under heavy bearish pressure, following a flash crash late-Monday night. Matic had rallied by over 190 percent since November 22nd before the sudden reversal occurred. Chainlink is the top...Read More
After recently announcing its support for the introduction of Liquid network for Bitcoin and USDT transactions on its platform, BTSE exchange has now revealed its plans to facilitate a native exchange token sale on a Bitcoin sidechain with the help of Liquid. According to reports, the exchange is also planning to raise a total sum...Read More
A security research team at Kraken, a crypto exchange valued at $4 billion, has found a way to gain access to seeds from the widely-used KeepKey hardware wallet.To carry out the attack, the Kraken Security Labs team said that a specialized piece of hardware and knowledge is needed. With that, it takes less than 15...Read More
Mining companies may benefit from a growing market for Bitcoin (BTC) derivatives to finance and support their power-hungry operations. In 2019, despite price fluctuations, mining activity remains near all-time highs. Bitcoin Mining Turned into Large-Scale Business Mining is becoming large-scale business in 2019, with big pools and ASIC producers once again coming into the spotlight....Read More
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Prize Winner, Former Bank of Israel Governor The currency is backed by a basket of fiat currency to avoid high volatility. Thus, it acts like a stablecoin...Read More
Most millennials are burdened with student loans or debts. However, most millennials are also working towards achieving financial independence. Like many, even I’m working my way towards financial independence while trying to juggle my work and social life. Recently, I penned an article titled ‘How many Bitcoins should you own to stay a millionaire?‘ and...Read More
Matic, a cryptocurrency known to have an active and supportive community, plunged by more than 50% on the day and over 70% at the day’s lowest point. But, such a drop can occur to any minor crypto asset.According to global markets analyst Alex Krüger, large hands can adjust the selling volume of a cryptocurrency, causing...Read More
Matic Network, a sidechain-based scaling solution for public blockchains, saw its native token skyrocket over 300 percent since late September. The move appears to be correlated with a wave of developments that were intended to expand the token’s utility. Over the last few hours though, its price crashed over 70 percent amid fears of an...Read More
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read:...Read More
The altcoin market sheds more than $2 billion in value on Tuesday. Bitcoin price approaches $7,200 on major exchanges. Volatile trading conditions follow a surprise announcement by Huobi Group that its U.S. operations are closing. Bitcoin’s gravitational pull on the wider cryptocurrency market was evident on Tuesday, as altcoins lost billions in collective value. There...Read More
Matic drops 70% in an hour after weeks of positive gains. The cryptocurrency was up nearly 200% in two weeks before the plunge. Was it an inside job? Matic — one of the first tokens to originate upon Binance Launchpad has witnessed one of the harshest dumps in crypto history, falling a massive 66% in...Read More
Swiss Startup Amun has got clearance to offer its products to retail clients in Europe. Swedish Financial Supervisory Authority (SFSA) granted permission to the firm this Tuesday, Dec 10, 2019. “[The approval] gives us wide access to sell directly and market directly to basically all retail in Europe,” Amun CEO Hany Rashwan said. Furthermore, with...Read More
Students who choose to buy custom essays complete all their tasks without any stress. They have to work hard and choose the right kinds of subjects. Many people who work in the industry of blockchain know that it is one of the best career options they have made. Bitcoin started gaining popularity in 2009 and...Read More
Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing. 83% Of Executives Believe In Blockchain Deloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted...Read More
Switzerland has been the home for various cryptocurrency projects due to its sorted outlook towards it and its underlying technology, blockchain. However, the country’s financial regulators have warned against the risk emerging from blockchain and bank’s lower profit margins. The regulators also noted that Switzerland was “particularly exposed” to money laundering risks due to its...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex This week, the EOS cryptocurrency resumed declining, and on Tuesday, December 10th, it is generally trading at $2.65. On D1, the downtrend is slowing down, and a convergence is forming on the MACD. As the main goal of the developing trend, we should regard the fractal minimum of...Read More
Over the past few days, Bitcoin (BTC) has shown signs that the bottom is in.For instance, prominent trader Filb Filb noted in a recent newsletter that the cryptocurrency bounced off the “miner’s bottom,” the price at which the average cryptocurrency breaks even when mining BTC. This is notable as the crypto market bottomed when Bitcoin interacted...Read More
The crypto industry has yet to evolve from exchanges which are nothing more than digital banks in reality. A couple are taking bold moves to slash their fees but how many others will follow and how will it affect the wider crypto industry. Crypto Exchanges: Banks in Disguise True financial decentralization should consist of direct...Read More
The Legislative arm of Ukraine, The Verkhovna Rada, has passed an amendment to legalize crypto payments in the country. The anti-money laundering (AML) law complies with the Financial Action Task Force (FATF) standards. The law mainly handles the maintenance of virtual assets and virtual asset service providers (VASP’S). It provides clear guidelines for traders and...Read More
As Bitcoin is the most popular crypto in the world, many people are still looking for the fastest way to earn Bitcoins online. Unfortunately, there is no one best way to earn Bitcoins, which can apply to everyone. Whatever method of making Bitcoins you select, you will still have to invest time, knowledge, or your...Read More
Ethereum saw a major reduction in Google searches in the last few months, attracting less attention than ever before. Ethereum Less Popular Now Than When it Was $20 Ethereum (ETH), the second-largest cryptocurrency by market cap, is going through an interesting period as of late. A Trustnodes report indicates that the project has seen the...Read More
Known as digital gold, Bitcoin (BTC) is the most well-known cryptocurrency. Since the moment the Bitcoin network came into existence back in 2009, this crypto coin already had a value associated with it. But how are new coins generated? Bitcoin mining is the computational process that solves mathematical calculations to verify transactions in the network...Read More
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Year-End Crypto Rankings The Center...Read More
At a recent lecture on financial regulations at Harvard’s Kennedy School, CFTC chairman Heath Tarbert spoke about the role of the CFTC in digital asset regulations, how jurisdiction is divided between the CFTC and the SEC, as well as the regulatory risks involved with regard to cryptocurrencies. During his talk, Tarbert said that apart from...Read More
Coinbase backed MATIC token, one of the popular IEO on the Binance Launchpad, faced an excruciating 24 hrs. The token has plunged 70% following an inaccurate claim from Samuel JJ Gosling, founder of a cryptocurrency evaluation platform, Validity. Samuel in his tweet claimed that Matic Network has transferred 1,495,322,715 $MATIC (15% of the supply) in...Read More
The Argentinian government has been hit with a Bitcoin ransomware attack. According to the latest information, the hacker demanded 50 BTC to withdraw the attack. For all the positive changes that cryptocurrencies have brought in the last few years, there are still those who would use them to harm others. A perfect example of this...Read More
The Matic Network (MATIC) token went through a crisis, erasing more than 50% of its price in the past day, to drop to $0.02. The price crash, however, follows a period of wild appreciation on a parabolic trend, as MATIC more than tripled its price and moved to a record above $0.04. Fears of Team...Read More
Following Facebook’s announcement of its digital currency project, Libra, many crypto-enthusiasts saw it as a challenge and began working on a derivation of the social media giant’s project. Similarly, Saga, a blockchain firm, has announced the launch of its new token, Saga [SGA], claiming that its project is an alternative to Facebook’s digital currency proposal....Read More
A U.K. based blockchain firm Saga is launching an alternative token to Facebook’s digital currency proposal Libra. Saga’s advisory board includes Nobel Prize-winner Myron Scholes. The firm hopes to build a global currency that complies with all crypto regulations. However, the firm doesn’t plan to launch its token in the U.S. yet. It claims SGA...Read More
There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin network. The truth is probably somewhere...Read More
