Matic cryptocurrency which began its journey at the end of April, crashed to $0.018 earlier this week. Sandeep Nailwal, co-founder and COO at Matic Network called it a nightmare Just woke up to this nightmare due to a distress call by someoneIt will be clear very shortly that we are not behind this, as some...Read More
The technology industry has undergone many changes and developments over the years. The Pirate Bay, a popular torrenting platform, has made numerous headlines in recent years. It now appears TPB can be used to stream video content, instead of downloading it. The Pirate Bay is Evolving That is not necessarily a surprising development either. The...Read More
If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again.You see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this has...Read More
Metal wallets are a reliable way to store Bitcoin for a long period of time. These wallets are simple metal plates that hold a seed phrase – a string of words that can be used to recover a Bitcoin address. Typically, metal wallets are used to back up deposit-only addresses that have never been used...Read More
Ethereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower.For Ethereum, analysts are noting that $140 is a...Read More
Over the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader...Read More
On the latest episode of the ‘On The Brink with Castle Island’ podcast, hosts Matt Walsh and Nic Carter of Castle Island Ventures spoke about recent ICO scams, Jack Dorsey’s activity with Square Crypto, and the effects of staking on a network. Walsh and Carter first spoke about the ShopIn ICO, where the failing business...Read More
Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo. PNC Bank and Venmo are at War With Each Other As reported by the Wall Street Journal, a few hours ago,...Read More
After an extended period of trading sideways around $7,200, Bitcoin’s bears have once again gained control of the cryptocurrency and have sent to a key support level. BTC’s bulls have so far been able to defend this level, but it remains unclear as to whether it will continue to hold as the weekend continues on.One...Read More
Any revelation in the cryptocurrency industry tends to create some shockwaves. Even if that revelation has to do with funds being sold many years ago. Vitalik Buterin provided some interesting insights as to how the Ethereum Foundation managed its holdings. Vitalik Buterin Sold During the 2017 Pump During the crazy year 2017, the Foundation liquidated...Read More
Open source funding is a challenging thing in the cryptocurrency ecosystem, which is why well placed grants can make a huge difference. This is something that the Square Crypto initiative knows and how it decided to give a grant to one talented developer.As the crypto news show, the developer who is working full time on...Read More
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed...Read More
On the most recent episode of The Scoop Live podcast, The Block’s Frank Chaparro spoke to president of Fidelity Digital Assets, Tom Jessop, a man hailed by CoinDesk as the man who could, “”bridge the gap between Wall Street and Crypto.” During the interview, Jessop spoke about how custody is a base requirement on the...Read More
Cryptocurrency has long been something given away. In fact, the first Bitcoin (no, not a whole coin) this writer ever received was through a BTC faucet, which if you remember are these services that play ads and grant viewers a few satoshis here or there, often $0.25 or so.According to a top philanthropist, giving digital...Read More
After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped to $6,994 on the largest margin trading exchange, BitMEX. Bitcoin managed to recover slightly and is currently trading at around $7,050. Cryptopotato reported today...Read More
Trace Mayer, a YouTuber, and host of Bitcoin Knowledge podcast spoke with Peter McCormack on What Bitcoin Did and addressed the upcoming Proof-of-Keys [PoK] and other important aspects related to Bitcoin and the ecosystem. Mayer, the person behind the Proof-of-Keys movement, spoke about the last event and how it helped spread awareness and take back...Read More
The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then. To Sell 70,000 ETH At The Top Vitalik Buterin, the co-founder...Read More
On ‘The Scoop Live’ podcast, Frank Chaparro recently spoke to Fidelity Digital Assets’ president, Tom Jessop, to talk about custodial services in the current market, and institutional entrants into the Bitcoin space, support for Ethereum, and the application of blockchain technology in the tokenization of traditional assets. According to Jessop, Fidelity is currently routing more...Read More
Key Takeaways Multiple outcomes indicate a converging bearish case for Bitcoin in the coming week. The 4-hour chart shows a dip below the $7,000 region and a retest of November 25 low, $6,515. Further bearish momentum could slide Bitcoin to $6,200, and possibly to $5,920. As Bitcoin’s price lugs in the $7,000 region for the...Read More
The number of billionaires holding Bitcoin continues to grow. The latest magnate to go public with his BTC purchase is the philanthropist Bill Pulte, who now wants to promote the benchmark crypto’s adoption. Billionaire Bill Pulte: “Cryptocurrency can help the world’s poorest.” Bill Pulte is the head of Pulte Capital Partners, one of the directors...Read More
This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline for the $8 billion...Read More
The Bank of International Settlements, an international body owned by 60 worldwide central banks, published a discussion paper on treatment of crypto assets. The committee is requesting the opinion of all industry participants to develop a “prudential” treatment policy. The announcement comes after the bank’s Committee on Banking Supervision identified the growth of crypto assets...Read More
There are few images as gripping as that of Kolin Burges holding up the placard reading “Mt. Gox, Where Is Our Money,” in the midst of the collapse of the largest Bitcoin exchange in the world. This image of the beanie-headed Londoner on the streets of Tokyo defined the state of cryptocurrency exchanges for much...Read More
Today, we will be taking a look at the Bakkt futures platform and analyze what impact it could have on the crypto market in 2020. What Is Bakkt? Bakkt is an open platform that aims to offer a diversified range of cryptocurrency services, including trading and warehousing. Bakkt was founded by the same company that...Read More
Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns. While some might be thinking that ETH’s current price is around $145 and its all-time high was at...Read More
Bitcoin has had its share of unnerving time periods – but over the last decade, it has been one of the best investable assets. Appearing as a “black swan”, BTC reached extraordinary valuations. Bitcoin Became a ‘Wild Card’ for Personal Finance Acquiring $1 worth of BTC in 2010 would translate into more than $90,000 today,...Read More
Two years ago, as Bitcoin inched closed to the $20,000 valuation, several altcoins joined the rally. None more so than XRP, the premier payments-centric cryptocurrency enjoyed a massive high in late-2017, and relatively held back its losses in the crypto-winter of 2018. In 2019, the markets have not been too kind to this digital currency....Read More
Gold, precious metals, and other resources are being used as collateral for cryptocurrencies and stablecoins. Does the trend have real promise? Cryptocurrencies can be backed by almost anything. Bitcoin, for example, is backed by a mining algorithm that restricts the size of its coin supply. Tether, meanwhile, uses a reserve of fiat currency as collateral....Read More
The founder of now-defunct crypto exchange Quadrigacx may still be alive, even though he supposedly died in India about a year ago. A court-appointed law firm is seeking an answer on behalf of affected users. The firm has requested an exhumation and post-mortem autopsy in Canada of the body of Gerald Cotten, as some 76,000...Read More
Over the past few months, the crypto industry has been awash with news about the PlusToken Bitcoin scam, which allowed scammers to accrue billions worth of digital assets over the course of a year-long operation.For some context, PlusToken was a cryptocurrency “wallet” and storage solution that gave users returns on their deposits and also gave...Read More
