Privacy coins have come under a lot of scrutiny in recent months. Europol is keeping a close eye on these developments, albeit Monero remains impossible to trace or analyze. Government officials dislike bitcoin, but they see privacy coins as even bigger threats. Monero Causes Headaches for Europol Particularly currencies which put anonymity first tend to...Read More
XRP hasn’t done too hot over the past few months, both in terms of its performance against the U.S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin.Despite this, an analyst is starting to believe that the price of XRP...Read More
Cryptocurrencies introduced a whole new financial industry but a string of debates trailed immediately behind it. A major discussion that is hotly contested across various assets is whether an asset can be categorized as security or not. ICOs created a major issue in 2018 when over $11 billion were raised from crypto projects, as the policymakers...Read More
Earlier this month, Bitcoin (BTC) plunged as low as $6,400, marking a new multi-month low for the leading cryptocurrency. But as fast as the crypto dropped, it reversed, with BTC surging to $7,700 just last weekend on the back of bulls looking to buy in the $6,000s.Related Reading: Why Bitcoin Network’s Record 2019 Is Bullish...Read More
The May 2020 Bitcoin halving might not have such a dramatic effect on Bitcoin’s price. According to Meltem Demirors, the chief strategy officer of CoinShares, the popularity of the Bitcoin derivatives market means that the price of the underlying asset is becoming less relevant, which will keep it in check even after the halving. Institutions...Read More
Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law...Read More
A new research paper provides what is perhaps the most informative series of snapshots simulating Lightning Network traffic over the past year. The paper, titled “A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network,” was written by a trio of Hungarian researchers: Ferenc Béres of the Institute for Computer Science and Control, István A. Seres of...Read More
Numerous countries want to regulate cryptocurrencies. Paraguay may be ahead of the competition in this department, albeit in a positive manner. Most Western countries seem to take a negative stance on bitcoin. The Future of Bitcoin in Paraguay In Paraguay, that situation is – thankfully – very different. Its local government is looking to regulate...Read More
Although up 70% on the year, Bitcoin hasn’t had the best of 2019s from a market perspective, with the price surging 330% to $14,000 before seeing a precipitous drop to as low as $6,400 just earlier this month.Despite this harrowing price action, which some analysts say is indicative of mass complacency in the crypto market,...Read More
Facebook‘s Libra has been in a tough spot since its inception. Though conceptualization was way back in July 2018, David Marcus and his team have faced constant pushbacks from policymakers and regulators across the globe. Speaking to Reuters, Patrik Ellis, one of the board members of Libra Association had stated, “At this stage, there is...Read More
This year will see the second annual Proof of Keys event take place. Those involved will be attempting to demonstrate the monetary sovereignty Bitcoin affords, as well as the solvency (or lack there of it) of cryptocurrency exchange platforms.If you’re new to the Bitcoin space, you might not have heard of Proof of Keys before....Read More
Ethereum’s price action has been largely bearish over the past several days and weeks, with ETH facing multiple strong rejections that have pointed to some underlying weakness amongst the cryptocurrency’s bulls.Analysts are now noting that Ethereum could be on the verge of incurring a major upwards movement, but that it may need to drop significantly...Read More
Fake volumes became a hot topic in 2019. It all started with the Bitwise Asset Management report that was released earlier this year. The report stated that nearly 95% of Bitcoin trading volume reported by CoinMarketCap, a popular go-to website for crypto data, was fake. According to the report, CoinMarketCap reported roughly $6 billion per...Read More
The last week of 2019 didn’t really bring a lot of excitement within the cryptocurrency market. Bitcoin’s price remained trapped within a fairly narrow range between $7,100 and $7,700, while altcoins struggled to claim any new grounds. As a matter of fact, Bitcoin’s dominance stabilized well above 68%, which showed that BTC kept its market...Read More
The cryptocurrency markets have been struggling to garner any decisive momentum in one direction or another over a shorter time frame, with Bitcoin (BTC) leading most major altcoins to range sideways.Over the past 24-hours, however, a few notable altcoins incurred a massive amount of selling pressure that was anomalous, leading one analyst to believe that...Read More
Recently, on the Bitcoin & Co. podcast, host Anita Posch spoke to the co-founders of Braiins, who operate the world’s first Bitcoin mining pool, Slush Pool. During the interview, Jan Capek and Pavel Moravec spoke about the Bitcoin mining protocol, its flaws and ways to address them. As part of upgrades to their Braiins OS,...Read More
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing...Read More
Blockchains faced fierce competition in 2019, with only a handful of altcoins remaining in good condition. Now, a new proposal has been made, a hypothetical merger of Dash and Bitcoin Cash. Both Bitcoin Cash and DASH Brands Cause Resentment Bitcoin Cash (BCH) and Dash (DASH) were bandied about as two chains that could merge, producing...Read More
The CEO of Ren protocol, Taiyang Zhang, recently announced the launch of yet another DeFi liquidity solution for the crypto ecosystem. Keeper DAO looks to offer many of the same services of traditional underwriting services but will instead focus on non-custodial crypto markets. Binding the DeFi Community Together The rise of decentralized financial products like...Read More
Bitcoin and cryptocurrencies have become immensely popular and this has cast a spotlight on the underlying decentralized ledger technology – blockchain. Blockchain tech has taken the world by storm and its landscape has been evolving at a rapid pace. This technology has been both attractive and critical for ensuring enhanced security and as well as...Read More
Craig Wright is back with his ‘priceless’ bitcoin comments. This time he chose Christmas to share his opinion on BTC’s future price action. Mr. Faketoshi thinks that bitcoin ‘is not gonna keep going up in value’. Since bitcoin started trading on various crypto exchanges and noticeably reached its all-time high in December, scores of analysts...Read More
It’s either black or white with Bitcoin: While In India, China, and Russia, the largest digital asset is still identified as an illegal form of currency, the same asset has been recognized as a beacon of hope for certain nations based in South America. Over the past few years, the likes of Venezuela, Columbia, and...Read More
Litecoin has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame shows that a bullish falling wedge pattern has formed Litecoin is consolidating around the $40.00 level as it attempts to recover from a ten-month trading low....Read More
Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range...Read More
Ripple CEO Brad Garlinghouse predicts that 2020 will see more cryptocurrency projects culled, as utility becomes a stronger driver of success in the coming year. Sees Deadcoins Rising In 2020 Through Over saturation Solving Real-World Problems Is The Key To Survival According To Ripple CEO In the latest episode of The Ripple Drop, Ripple executives...Read More
Crypto derivatives exploded in the 2019 market as the cryptocurrency market entered a phase of maturity. In the relatively nascent space, the increasing availability of cryptocurrency derivative products has been one of the main attractions for institutional traders and investors. With platforms entering the crypto-derivatives markets on the rise, Co-founder of CoinGecko, Bobby Ong believes...Read More
A leading Chinese marketing and management behemoth, ChinaNet, has announced that vibrant and pro-blockchain Mr. Yingguo Guo is now the new Chief Technology Official (CTO) of the company, according to a press release today. ChinaNet Hires Pro-Blockchain Executive ChinaNet is a NASDAQ-listed company (Nasdaq-CNET). According to the company’s website, ChinaNet is “integrated online advertising, precision...Read More
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO,...Read More
The cryptocurrency world that we all love, adore and hate has come a long way from being used by cypherpunks; the regulation and adoption rate has increased exponentially in the last decade and will continue to do so. In addition to the above, we have parried our way from Bitcoin’s boom and bust cycles to...Read More
This was a hot year for crypto, with BTC surging up from the pit it was in at the beginning of the year to a stable $7-8k by the end, rapidly developing altcoins and the rapt attention of governments and users. It is early to speak about mass adoption, but the fact that crypto is...Read More
