Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. Or do you happen to be older than the typical crypto trader? Both of these characteristics are part of a list of so-called ‘red flags’ that can get you in trouble with a new dragnet that...Read More
XRP has been one of the worst performing major cryptocurrencies throughout 2019, as it struggled to gain the upwards momentum seen by Bitcoin in the early half of the year, while underperforming BTC during its downtrend during the second half of the year.This bearishness may spill over into 2020, as the cryptocurrency’s fundamental strength is...Read More
Some very exciting developments are on the horizon for bitcoin cash. Primarily the Cashfusion protocol has proven to be of great interest to community members. Several key enhancements will be introduced to bitcoin cash in the near future. Major Changes for Bitcoin Cash The Cashfusion protocol will improve upon the existing Cashshuffle protocol. This allows...Read More
Despite calls for its imminent demise, bitcoin has printed higher lows almost every year since it was born. Here are four reasons why the leading cryptocurrency is just getting started. | Image: shutterstock.com Bitcoin delivered investors the highest return on investment (ROI) of any security in any asset class in the 2010s. Jack Dorsey’s Square...Read More
In less than a decade, Bitcoin and Ethereum have captured the attention of people around the world. Born during the time of recession and excessive pessimism, Bitcoin aimed to revolutionize payments. Soon thereafter, Ethereum became the world’s leading smart contracts platform. However, when it comes to the distribution of coins, they differ vastly. Bitcoin and...Read More
There are always some developments in the cryptocurrency space worth paying attention to. LoopRing’s implementation of zkRollup for DEXes is certainly paying off. It is a very interesting way of scaling transactions on Ethereum. zkRollup is a Powerful Tool The main benefit of zkRollup is how transactions can be bunched together, instead of being handled...Read More
On the most recent episode of the ‘What Bitcoin Did’ podcast, Jack Mallers, Founder of Zap, a Lightning Network wallet, spoke to host Peter McCormack about the use-cases for Lightning and its role in the future of money. During the podcast, McCormack spoke of how citizens in El Salvador were using Lightning to make payments...Read More
Building from the ground-up. One of the main developments of 2019 which brought in investors and dollars was the rise of institutional investors. Derivatives saw much fervour created around them, with the CME stepping up its game and the Intercontinental Exchange [ICE] launching its digital assets platform. So much happened on the institutional front, that...Read More
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now...Read More
The price of Ripple lost 66% against the most dominant cryptocurrency in 2019 as new stats show, while BTC has seen an increase in price by more than 100%. As the altcoin news and rumors show, many cryptocurrencies are down significantly compared to the start of the year. Moreover, there are a lot of altcoin/BTC...Read More
With 2019 now in the history books, looking back at the year it was a rollercoaster ride for Bitcoin traders, with the asset reaching lows around $3,000 then rallying by 350% to $14,000 before falling back down to $6,500 at a local low.However, according to one analyst, that rollercoaster ride is about to get a...Read More
Ripple’s controversial native token XRP closed 2019 at a substantial loss, but according to a prominent analyst, the cryptocurrency is ready to break the bearish jinx in 2020.Crypto Michaël, a popular cryptocurrency analyst on Twitter, spoke about this on Wednesday, saying that the XRP-to-dollar exchange could undergo a massive trend reversal this year. The top crypto...Read More
Trevon James, a former promoter of the famous cryptocurrency Ponzi scheme, BitConnect, made a Bitcoin prediction in 2018, which he must be regretting today. Back in 2018, he said that BTC’s price will be $10 on January 1st, 2020 and that he would eat his own dog’s excrement live on the internet if this is...Read More
The US central bank’s effort to expand its balance sheet through a pseudo-quantitative easing program could prompt bitcoin to pursue its next bull run.Since October, the Federal Reserve has been buying $60 billion worth of T-bills every month. Moreover, the organization is purchasing another $20 billion in MBS and TSY maturity investments, alongside tens of...Read More
With the regulatory pressure and the uneasy sentiment surrounding disruptive financial technologies among average citizens in western countries, Asia is looking to lead the charge into the new digital economy. In the past few years, several companies from China, South Korea, and Japan have sprouted like never before, laying claim to growing industries like social...Read More
In the first month of 2020, it has been announced that several cryptocurrency events will take place in various regions of the world. The Digital Money Forum Event date: 07 – 10 January 2020 Event location: Las Vegas, USA The Digital Money Forum is a three-day conference and reception which will welcome up to 1000...Read More
Five years ago, the crypto community became aware of an alleged contract called the Tulip Trust. The supposed contract emerged when a few tech-based news outlets published stories on two former business partners Craig Wright and David Kleiman. According to the Tulip Trust contract story, Wright and Kleiman were ostensibly part of the group that...Read More
A fall in an important Bitcoin-related metric with ties to overall crypto market sentiment over the past couple of weeks, suggests that recent price action across the crypto market has traders and investors increasingly fearing that the bottom isn’t in for Bitcoin, and may be adjusting their expectations and preparing positions in anticipation of the...Read More
NEO Global Capital (NGC) Ventures, one of the largest institutional investors in the blockchain sector, is launching “NGC Ventures Fund II” — an “All-Weather Crypto Fund” specifically designed to capture market beta and secure consistent returns in both bloom and gloom market conditions. With fifty-plus blockchain investments under its belt and a purported lifetime track...Read More
Bitcoin marked the end of 2019 at around $7,150, which is a notable increase of over 90% since January 1st. Looking at the price on a smaller time frame, BTC has decreased by 1% in the last 24 hours and is currently trading at $7,190. Just yesterday, the largest cryptocurrency attempted to break the $7,400...Read More
Following Bitcoin’s meteoric rise into the public eye back in 2017, nearly every economist, analyst, and even regular Joe had a prediction for what the first-ever cryptocurrency would eventually be valued at.However, few predictions are as famous as that of cybersecurity expert John McAfee, who put a particularly valuable wager at risk if his prediction...Read More
If you were about to write off 2019 as the year of “fake volumes,” hold up. Cryptocurrency exchanges were at the center of the market, and not because of external agents funneling funds in hacks, although the year did see a great deal of it. 2019 saw exchanges create problems of their own, with several...Read More
“Today we know that centralization and big bureaucracies have not, as promised, been the answer for promoting better opportunities for society” ~ Carlos Salinas de Gortari To ASIC or not to ASIC has been the dilemma for years now. For some, the distinction is very easy; it comes down to choosing between centralization and decentralization....Read More
Summary XRP starts 2020 trapped within a narrow range between $0.20 and $0.1815. Against BTC, it is struggling to break above the crucial resistance at 2700 SAT. The cryptocurrency remains ranked in the 3rd place with a market cap of $8.39 billion. Key Support & Resistance Levels XRP/USD Support: $0.181, $0.17, $0.167. Resistance: $0.19, $0.20,...Read More
The Bitcoin (BTC) record is showing one indicator of extreme growth this year – the count of Unspent Transaction Outputs, or UTXO. This growth points to several potential explanations. UTXO Growth May Signal Coin Mixing Activity Each bitcoin transaction has the potential to generate UTXO, or “change”, which is then redistributed to a change address....Read More
When Bitcoin was created in 2009, it aimed at becoming the universal currency of the world, one that could be both a Store-of-value [SoV], as well as a Medium-of-exchange [MoV]. The problem was, to many, that these two objectives would curate the cryptocurrency very differently. The consequence of this debate led to faultlines being made...Read More
While bitcoin price may be going through a period of consolidation at the moment (and frankly, after the year that was 2019, who isn’t?), the network fundamentals are as strong as ever. In fact, the hash rate is currently almost seven times as large as it was during BTC’s all-time high price, back in December...Read More
The US Coast Guard has issued a security warning following a ransomware attack on a federally regulated maritime facility. The intrusion at the unnamed facility, caused a 30+ hour shutdown of primary operations while a response was conducted. Coast Guard Caught Phishing The Ryuk ransomware is believed to have gained access to the facility’s IT...Read More
CoinMarketCap, one of the central crypto price listing websites, has been used as a vehicle to present newly arrived exchanges. Usually, those new markets show up with immense volumes, rising to the top while aiming to become industry names. LAToken’s Crypto Volumes Once Again in Spotlight LAToken, one of those exchanges, has caught attention for...Read More
Blockchain and crypto generated plenty of attention in 2019, and these five trends set a course for the industry over the year. In recent years, ICOs have become a difficult fundraising model for many new crypto startups. However, exchanges managed to revitalize token sales this year with Initial Exchange Offerings, or IEOs. Essentially, IEOs allow...Read More
