Being the most popular cryptocurrency exchange in the world is a blessing and a curse. Binance currently faces some serious allegations regarding its margin trading features. A lot of crypto traders aim to leverage their position. Margin Trading on Binance Seems Spotty In doing so, they can increase potential profits, or incur steeper losses. Many...Read More
As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin, being crushed under the weight of a copious amount of PlusToken reserve liquidations and other sources of selling pressure hurting bulls.Despite the strong downtrend...Read More
Cardano’s incentivized testnet went live with promising results. Holders already staked 5.4 billion Ada, representing 17% of the coin supply. IOHK also announced that over 120 staking pools went online during the first day of operation, well on its way to its 1,000 pool target. Although some of the leading pools are operated by IOHK...Read More
As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone for where it trends in the first part of the new year.This past week, the markets saw interesting price action that...Read More
Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency but what if a person has this power within a hand’s reach? Prominent BTC investor Trace Mayer said, “Imagine being able to run a full node on your cell phone, like your daily cash where you’re holding your own...Read More
Having a password on our devices to keep our data away from prying eyes has been a part of personal tech for a very long time. But the age of passwords and pins is shifting to biometric security – that is tech that can recognize your face, voice, DNA, fingerprint, and other physical features that...Read More
According to a recent analysis done by Byzantine General, the SuperTrend indicator for the one-week Bitcoin chart has flipped red, meaning bearish, after a multi-month bullish period seen earlier this year.As the trader illustrated in the chart seen below, the last two times the SuperTrend turned red on the weekly Bitcoin chart led to 80%...Read More
Digital asset management firm, CoinShares, published the second report this week of their bi-annual series called, ‘The Bitcoin Mining Industry’, which followed on from the previous issue, published back in June. The report detailed the geographic distribution of miners, the energy mix in play and the benefits Bitcoin mining can bring to the global economy. According to...Read More
I imagine long ago there was a time when neither verbal nor written language existed for humans. Hand gestures and other physical cues were as good as our ancestors had it. Perhaps the sign for thirsty meant pinching one’s own tongue. Or the sign for hungry meant stuffing one’s hand in one’s own mouth. **The...Read More
Some cryptocurrencies do not provide a way of mining their native asset. EOS is one of those projects, although it seems a PoW-oriented clone has surfaced recently. People who have an interest in EOS will not be able to mine the currency. EOSPoW Utilizes EOS to Mine Coins That is a deliberate choice made by...Read More
Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a moving average-based technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach extremely tight levels, implying that...Read More
So-called safe-haven asset bitcoin appears mum as Trump hints an optimistic “phase one” deal with China and Boris Johnson wins the U.K. parliamentary election.The cryptocurrency risks more declines due to prevailing bearish bias.Strong technical support could send the price back towards $7,500-8,500 area.Bitcoin slipped towards $7,000 this weekend as signs of growth in the U.S.-China...Read More
Bitcoin price marked exactly one year since the lows of the 2018 bear market. Since then, the coin has improved its shape, despite going through periods of volatility. BTC Escaped Capitulation in December 2018 BTC reached lows near $3,200 on December 15, 2018, following a long slide since peak prices in late 2017. In one...Read More
Are you interested in finding out where and how to buy, sell, and trade Basic Attention Token (BAT)? Then, you’ve come to the right place! What Is Basic Attention Token and How Does It Work? Basic Attention Token is an Ethereum based token which was developed by Brave, a privacy-oriented browser. Brave was launched by...Read More
Recently, digital asset management firm CoinShares published a report titled, ‘The Bitcoin Mining Network’, which spoke about break-even costs for miners, their geographical distribution and the effects of mining equipment on the Bitcoin network’s power draw. The report mentioned how certain segments of miners with the coveted combination of very cheap electricity and brand-new next-generation...Read More
Bitcoin has achieved market capitalization close to some of the biggest corporations, ranging between $100 and $300 billion. But taken in proportion to the size of the world’s financial system, BTC may have a different valuation. Debt Issuance Shows No Signs of Slowing The bloated worldwide debt, fueled by extreme quantitative easing in the last...Read More
Ethereum has been closely tracking Bitcoin’s price action in recent times, which means that the past few months have been incredibly turbulent for the cryptocurrency. Concurrently with this turbulence, ETH has been failing to garner any heightened trading volume, which could offer some insight into the current trend.It is important to note that Ethereum’s volume...Read More
Bitcoin was born in myth and continues to dwell there. It’s too early to know if BTC will end up a hero or a villain. Bitcoin has a story to tell, but this isn’t a fantasy novel. Bitcoin’s creation story borders on the mythological. A life-changing technology created by the pseudonymous, anonymous genius Satoshi Nakamoto,...Read More
Trace Mayer the advocate for the Proof of Keys [PoK] movement appeared on Peter McCormack’s recent podcast to talk about the importance of investors holding their private keys. Mayer noted of his first tweet about the PoK movement was on December 9, 2018, and after a few days after which Coinbase informed the users of...Read More
Tezos price continued to increase by a further 10% the past week, XTZ trades for $1.72. The cryptocurrency is facing crucial resistance at 0.00025 BTC. Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap. Tezos (XTZ) Key Support & Resistance Levels XTZ/USD Support: $1.64, $1.54, $1.42. Resistance: $1.74, $1.85,...Read More
The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip) will be airdropping 0.5 PTR ($30) next week to eligible citizens who register with the...Read More
A report on ‘The Bitcoin Mining Network’ was recently published by digital asset management firm, CoinShares, which spoke about the Bitcoin mining space, its growth over the last six months, and events that could affect the industry in the future. According to the report, Bitcoin proof-of-work miners continue to dominate the industry, in terms of...Read More
Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in...Read More
The Litecoin network has gone through what looks like a series of “dusting attacks”. Multiple addresses received “dust” amounts of LTC on at least two large-scale occasions in August and November, with other unusual spikes in transaction counts and wallet activity. Dust Attacks Connect Multiple Wallets and Addresses An attack of this type is seemingly...Read More
Ethereum’s journey, be it its hard fork or developments around DeFi, has been progressing smoothly. However, the price of Ether seems to be faltering as it keeps knocking off every support it encounters. At press time, price of Ether was $140 and testing another important support level; breaching this would spell trouble. Source: ETH/USD TradingViewEther...Read More
Surely I can get through this introductory paragraph without mentioning the UK election. Must be some other news to cling to. If possible I could also tie in some spurious bitcoin comment… Can you buy a National Health Service with bitcoin? Or I could just mention that Miss Jamaica won the Miss World 2019 competition...Read More
Mankind is a dedicated race and our insatiable thirst for innovation has been evident through history. Humans are obsessed with speed. For us, anything faster is better. Major innovations like telephones and trains, improved our speed of communication and transport, whereas simple developments like food-delivery apps, increased our ability to access a cooked-meal under 20...Read More
Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability to tokenize virtually anything via SLPs (Simple Ledger Protocol tokens)...Read More
According to a recent report, the largest U.S.-based cryptocurrency exchange Coinbase has become the largest validator for Tezos (XTZ). It brings the question of whether or not validation from exchanges is set to become the next trend in the cryptocurrency world. Coinbase Leads In Tezos Validating The attention Tezos (XTZ) is getting lately doesn’t come...Read More
Ripple’s On-Demand Liquidity [ODL] platform has been noting a barrage of transactions, especially with the popular MXN corridor. According to the ODL data provider on Twitter, H_M_X, out of the total $108 million ODL flow in the fourth quarter, the MXN corridor was responsible for $100 million in transactions. Owing to the success of this...Read More
