No filter – this is what Rita Ora promised on her Instagram profile, when she appeared to sport the Bitcoin (BTC) logo. Crypto assets are no strangers to celebrity promotion, but the memefication of the Bitcoin filter is adding another layer to the coin’s popularity. Rita Ora Appeared with Instagram Bitcoin Filter Singer Rita Ora,...Read More
Roger Ver, a co-founder of Bitcoin Cash (BCH) and owner of Bitcoin.com, finally responded to criticism after listing the controversial altcoin, HEX. “If you don’t like HEX, don’t trade it,” he wrote on Reddit. The Bitcoin Cash community has since been up in arms that their project’s founder has openly validated the highly controversial crypto...Read More
In a recent research paper, European mathematicians Cyril Grunspan and Ricardo Pérez-Marco demonstrated through calculus and game theory that, thanks to the robust network security and relatively high BTC price, small bitcoin transactions may not need the six confirmations typically required by merchants and exchanges. Published on the computer science and cryptography section of Cornell...Read More
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to...Read More
Ripple’s native asset XRP fell into an extreme negative area this Wednesday as investors pulled billions of dollars out of the entire cryptocurrency market.The XRP-to-dollar exchange rate established an intraday low of $0.174 on BitStamp around 1300 UTC. That brought the pair down by 4.39 percent from the market open. At the same time, the...Read More
The head of the privacy-centric altcoin Monero is stepping down after leading the project since its inception. The news comes at a time when XMR is down 60 percent after peaking at $121 in June. Fluffypony steps down In a blog post, the Monero Core Team announced that Riccardo Spagni, known as fluffypony in the...Read More
When Bitcoin began gaining prominence, few bodies were as concerned as the United States’ Securities and Exchange Commission [SEC]. A currency that is not tethered to a single person or entity, operating on something that cannot be shut down, and plied by a technology that is immutable, irreversible and transparent, it was the perfect problem...Read More
Cryptocurrencies have all sorts of uses. Click here to find out some of the things you could buy with this online payment method. Cryptocurrencies were developed for secure purchases on the internet, everyone knows that. Not everyone is ready to accept this versatile currency, however. Nevertheless, more and more things are popping up available for...Read More
Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX.The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target.The said MA in December 2018 had capped the asset’s downtrend from flourishing.As of now, it sits near the lower-$5,000 levels.Bitcoin risks plunging to its eight-month low after...Read More
Welcome to the era of digital asset-backed tokens Over the past few years, there has been an explosion in demand for cashless digital payments. Global transaction volumes have grown by 11.2% during 2014-2015 to reach 433 billion, partially fueled by Emerging Asia. In the past 24 months, this has been enhanced by the introduction of...Read More
Bitcoin and most altcoins have marked a few consecutive days of negative price action. In a recent poll regarding Bitcoins’s potential bottom, over 70% of voters said that it would be below $6,000. Additionally, the Fear and Greed Index is dropping daily, further confirming the negative sentiment among the community. Where Will Bitcoin Bottom? One...Read More
Kraken Exchange, one of the top 5 exchanges as per CoinGecko has acquired Circle’s OTC Desk as per its blog post. The post reads ” Kraken is acquiring one of the most recognized OverTheCounter desks in crypto, Circle Trade. ” Through this acquisition, Kraken exchange plans to provide support trading partners globally, especially in Asia....Read More
New research discovered that running a full node is time-consuming and requires extensive computational resources. The observation shows that for XRP, EOS and Binance Chain networks in particular, a full blockchain audit requires days of computation and dedicated machines. Distributed Ledgers Prove Difficult to Audit The promise that a distributed ledger can be easily kept...Read More
Richard Sanders, a lead investigator at CipherBlade, claims that HitBTC is the “longest-running and potentially largest scale criminally fraudulent entity” in the crypto space. HitBTC Might Be Insolvent, Sanders Says While HitBTC markets itself as one of the leading crypto exchanges out there, Sanders alleges that the firm is insolvent. In a recent Medium post,...Read More
In light of the fact that the crypto-industry is still in its nascent phase, various studies using different metrics have assessed the market’s trends and performances over the past few years. Although the market draws a common affinity to Bitcoin, other crypto-assets such as Ethereum and XRP have a strong user base and influence of...Read More
With the Genesis hard fork on the Bitcoin Satoshi’s Vision (BSV) network scheduled to take place on February 4, 2020, California-based cryptocurrency management company, BitGo has announced that its BSV wallets will not be able to receive BSV transactions after the update due to compatibility issues. What Changes Will Bitcoin SV’s Genesis Bring? The Genesis...Read More
During the most recent slide in Bitcoin (BTC) prices, futures markets caught fire. The Bakkt physical delivery exchange has now reported a new record high in open interest on the platform. Bakkt Open Interest Signals Rapid Funds Inflow Bakkt futures allow for betting both on the upside and the downside of BTC. Now, a bearish...Read More
As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India is accurately portrayed. Also read: Indian Lawmaker Says ‘Cryptocurrency Is...Read More
Cryptocurrency exchange is a hot business nowadays. Various exchanges are evolving in the market. Bitfinex exchange is one of them. This Bitfinex exchange review is a walk through Bitfinex Exchange. Bitfinex Exchange Review QUICK NAVIGATION : Bitfinex is a Hong Kong-based cryptocurrency exchange operating since late 2012. In the following post, I will review the...Read More
A new report from Binance Research shows that many bitcoin miners have been mining Bitcoin SV and BCH to some extent with significantly lower profitability. Other than political reasons, the firm said that non-economic factors contributed to it.Had many miners that focused on BTC over Bitcoin SV and BCH in the same period, the research...Read More
TRON founder Justin Sun wants to give $1 million to help aid Greta Thunberg’s climate change initiative. Sun claims cryptocurrency itself will contribute to decreasing the world’s carbon output. But in terms of energy efficiency, cryptocurrency remains vastly less efficient than current digital payment methods such as VISA. TRON (TRX) founder Justin Sun offered to...Read More
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add to this dilemma, the availability of trustworthy and regulated solutions where both your...Read More
India has embraced blockchain technology and many tech-based companies have found use-cases for this decentralized and distributed digital ledger. Infosys, one of India’s premier technology services and consulting firms, announced on 18 December the launch of three comprehensive blockchain-powered distributed applications for government services, insurance, and supply chain management domains. The company defined these three...Read More
You want yourself to be a successful cryptocurrency trader. How will you become? To help you here’s an exchange review, which will provide you with all the detailed information needed for a successful investment in one of the most trusted platforms- the Gemini Exchange. Let’s find out more in this Gemini exchange review Gemini Review...Read More
The popular U.S.-based cryptocurrency exchange, Kraken, has been reportedly served with a lawsuit against it from a former employee. The case is brought by a whistleblower accusing the company of harassment, discrimination, wrongful termination, and even lack of paying rent. Kraken Sued By A Former Employee Kraken’s former employee, Nathan Runyon, has filed a lawsuit...Read More
So far, the month of December 2019 reminds us of the cruel month of December 2018. Last year it was the capitulation candle to $3122 that was achieved on December 15. This year’s December isn’t disappointing the bears at all: from the monthly high that was reached on Dec 4 at $7770, down to $6530,...Read More
Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a shopping spree this year.Crypto Giant...Read More
Abstract: In contrast to the apparent management difficulties at Bitmain, in a shrewd piece of corporate finance, cryptocurrency ASIC manufacturer Canaan Creative successfully raised $90m in an IPO in November 2019, at a very attractive valuation from the company’s perspective. From Canaan’s point of view, the timing appears impeccable, right before the release of a...Read More
Back in October, prominent P2P payments technology company, Circle, made quite a buzz after cryptocurrency exchange Poloniex was delineated and terminated support for customers from the United States. The platform is making headlines again after it announced that it would be pivoting towards and concentrating solely on stablecoins. Stablecoins seem to be garnering immense attention...Read More
Nobody needs reminding that Bitcoin has plunged to a seven month low today. It has all happened before though and a recovery has followed as it will again. There are several bullish factors building up that will cause a BTC trend reversal next year.Bitcoin Revival Factors and TrendsThis time last year BTC had dumped to...Read More
