The cryptocurrency markets have been caught in the throes of immense volatility over the past few days, with Bitcoin plummeting to lows of $6,400 earlier this morning before posting a strong rally back up towards $7,000.With the exception of Bitcoin’s recovery today, this volatile price action has primarily favored sellers. The ongoing downtrend may be...Read More
When a lead developer of a cryptocurrency project steps down, there is often some confusion. In the case of Monero and Fluffypony, there is very little to be concerned about. In a recent post the Monero Core Team made a crucial announcement. Small Big Changes for Monero It explains how Fluffypony will no longer be...Read More
BigTech firms see bitcoin as an empowering technology since the social media giants are no longer opposing the huge power bitcoin has. They are even embracing it more than ever and want to solve the problems of the decentralized internet and give people the power so let’s find out more about it in the latest...Read More
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one of the country’s largest banks, is now under investigation for millions of purported violations of...Read More
The cryptocurrency market has been slipping over the past few weeks, with the prices of top cryptos’ getting axed by the bear. Bitcoin has lost 13.36% of its value in December 2019, while altcoins like Ethereum [ETH] have tumbled by 21.37%. XRP has been trading at a low of $0.1805 after losing 21.09% of its...Read More
The past three days have been an absolute whirlwind for Bitcoin, with the price of the leading cryptocurrency whipping between $7,150, $6,400, and everywhere in between, seemingly without rhyme or reason.Related Reading: Goldbug Peter Schiff Calls For Bitcoin To Close 2019 at A LossThis latest bout of volatility hasn’t gone unnoticed. Institutions trading cryptocurrencies have...Read More
The bitcoin price surged back above $7,000 on Wednesday. Analysts say BTC defended a crucial support level. Today’s price action wasn’t enough to persuade the bears that the bottom is in. The bitcoin price rallied aggressively on Wednesday after the beleaguered cryptocurrency defended a vital support level that has fortified its nearly five-year-old “parabolic” uptrend....Read More
Welcome back to another GTA Online Car Review. Today we are looking at the brand new Ubermacht Rebla GTS. Ubermacht Rebla GTS This vehicle was was released with the brand new casino heist dlc on December 12th. The car was modeled after the 4th generation 2018+ BMW X5. The resemblance is most seen with the...Read More
The future of cryptocurrency regulation in the United States remains uncertain. The lack of a clear regulatory framework makes it difficult for market participants to act without fear of reprisal. The guidance issued and actions taken by the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Congress in 2019 provide a...Read More
Cryptocurrency scams and Ponzi Schemes seem more prolific in Asia and Africa One Ugandan scammer by the name of Samson Lwanga was recently arrested. In Africa, virtually everyone wants to make extra money as quickly as possible. Another Ugandan Ponzi Scheme Shuts Down It is for this reason that scams and Ponzi Schemes are so...Read More
Riccardo Spagni aka Fluffypony stepped down as the lead maintainer of the Monero project. Multiple reasons went into this decision, including centralization concerns from being the lead figure for the project. The Monero Core team made an announcement on Monday delineating several role changes within the project. Previously, Spagni was the lead repository maintainer, approving...Read More
Ripple’s collaboration with MoneyGram made headlines in 2019, with the two firms united in their common pursuit to boost cross-border remittances. The American fintech company recently revealed that Ripple made a $20 million investment over its initial $50 million equity investment, after the successful experimentation of Ripple’s on-demand liquidity added a credible foundation to their...Read More
It seems that cryptocurrency is the most overhyped trend for both founders and employees at startups. The information comes from First Round Capital’s annual State of Startups report.Also receiving a disproportionate amount of interest from both groups were artificial intelligence/machine learning and virtual/augmented reality.Optimism for Crypto Doesn’t Match Reality, According to Startup Founders and EmployeesFirst...Read More
The state of the blockchain space in November shows long-running trends establishing themselves. Bitcoin (BTC) was still the leader in multiple metrics, and China was the focus as activity flowed to local markets, shows the latest Longhash report. China Emerges as Leader in Trading Activity November’s Blockchain Data Report focused on China, basing its conclusions...Read More
Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin...Read More
On December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called Replace-by-Fee (RBF), which gives individuals the opportunity to double spend on merchants....Read More
Starting today, Coinbase supports Orchid (OXT) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store OXT. OXT will be available for customers in all Coinbase-supported regions, with the exception of New York state. Additional jurisdictions may be added at a later date. Orchid...Read More
Another underwhelming period of performance took over the crypto-industry this past week. Bitcoin‘s price was significantly below $7000 at press time, whereas Ethereum‘s value was edging close to its year-to-date low with a price of $123.27. Another token that witnessed a similar fall over the last 24 hours was Tezos. However, over the last one...Read More
Silk Road founder Ross Ulbricht uses Elliott Wave theory to show how bitcoin could hit $100,000 by 2020. Sentiment towards crypto has taken a decidedly bearish turn in recent months. Bitcoin continues to trade below the $7,000 mark on Wednesday. Bitcoin’s latest brush with six-month lows has attracted nasty commentary about the future of digital...Read More
Stellar Lumen has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame continues to show that a bearish wedge pattern breakout has occurred Stellar Lumen has fallen to a fresh multi-year trading low, following Tuesday’s wide-spread cryptocurrency...Read More
The market is attempting to stage a recovery during Wednesday’s U.S. session, following another heavy crypto sell-off earlier this morning. Almost the entire top 10 plunged to fresh multi-month trading lows before partially bouncing back. Litecoin notably recovered almost all losses, after falling to its lowest level since February 11th, around the $36.00 level. BTC/USD...Read More
The cryptocurrency market noted a stable decline in prices over the past week. While Bitcoin [BTC] fell by almost 10%, Ethereum [ETH] fell by 18.17%. The king coin recorded a 24-hour trading volume of $25.01 billion, with its market cap hovering around the $121 billion mark, at press time. Source: CoinStats XRP was one of...Read More
Today, we will be looking at some of the Ripple price trends and market opinions to come to an XRP price prediction for December. Ripple Overview Ripple is a distributed ledger platform that was launched in 2012, with its own native token called XRP. The company behind the platform is called Ripple Labs, and it...Read More
What Is Reli? Reli is reliable, but also it’s much more than that. Reli is a platform-as-a-service that combines the best available open-source technologies to offer DevOps automation for teams that want to streamline their infrastructure and deployment. Reli’s DevOps tools give teams the ability to quickly and easily deploy their software products at scale....Read More
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S. Financial Crimes Enforcement Network (FinCEN) and is currently approved to operate in 44...Read More
Bitcoin and its forks are the most auditable blockchains, according to a Dec. 17 report from CoinMetrics. The report examines the blockchains behind the top ten cryptocurrencies, eight of which CoinMetrics operates nodes for. CoinMetrics synced data for each blockchain, reconstructed its ledger, and verified its coin supply. CoinMetrics graded each blockchain on two main...Read More
XRP dropped by a precipitous 18% this week, causing it to drop beneath $0.20 to reach $0.1830. Against BTC, the coin finally broke beneath the 3000 SAT support after weeks of struggling to hold the area. This latest price drop has caused XRP to create fresh multi-year lows not seen since December 2017. Key Support...Read More
People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger.The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular price...Read More
Looking back at 2019, the crypto-industry seems to have had an eventful run as several countries and mainstream companies looked into the prospects of cryptocurrencies and its underlying blockchain technology. While several countries are ready to roll out their own CBDCs, Bitwise’s CEO, Hunter Horsley, believes that these governments have an ulterior motive behind the...Read More
Ripple’s XRP is the third-largest cryptocurrency by market cap. But its massive supply and a number of other factors will continue to be at the root of its struggles as we enter a new year. The Rise and Fall of XRP Just like all the major cryptocurrencies, XRP price enjoyed its heyday at the start...Read More
