January 9, 2020

Ethereum, Monero hashrate mainly concentrated in Europe

The world of cryptocurrencies is often talked about in the context of future developments, which is why Bitcoin mining has been largely spoken of in the background of the upcoming halving. However, altcoin mining has been fairly unnoticed. Unlike Bitcoin mining, altcoin mining is considered more complex. Thus, it is still at a relatively nascent...
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Altcoins significantly impacted by crypto-conferences, events: TIE’s Joshua Frank

One of the major drawbacks with regards to the crypto-industry is the lack of substantial data over a long period of time. The industry is still considered to be at its nascent stage as constructive long-term data associated with major altcoins is still not available. During a recent interview, Joshua Frank, CEO and Co-Founder of...
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Ethereum 2 phase 0 ‘exists just for the sake of existing’

‘Ethereum 2 is coming’ has been the tagline of the Ethereum community for the past several years. However, the new phase, Serenity, is set to come to fruition soon, with the team outlining 2020 as the year it would start rolling out. Serenity would be launching in three phases – phase zero, phase 1, and...
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Bitcoin market far from efficient, thus halving may not be priced in

Bitcoin [BTC] has always been the topic of discussion when anyone talks about cryptocurrencies. It has gained a relevant position in the tech and financial sector, even though many are still skeptical about investing in Bitcoin. 2020 may turn out to be an important year for Bitcoin due to its third halving event, an event...
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Tagz Exchange: Special Interview With CEO Bryan Seiler

Tagz Exchange emerged as a new Australian-based cryptocurrency exchange last year, but it has quickly gathered the community’s attention with large volumes and stable performance. CryptoPotato recently had the opportunity to speak with the CEO of Tagz Exchange, Bryan Seiler. [embedded content] The interview started with a question on the exchange’s unique qualities that can...
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Ethereum 2 phase 0 is about building ‘stable base layer’

Ethereum, the leading smart contract platform, will be taking the first step towards its most awaited upgrades this year. The platform will initiate its shift from proof-of-work to proof-of-stake with the launch of phase zero of Serenity. The main aspect of this stage is the rollout of Beacon Chain, while the other phases will see...
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Cardano vs Ethereum: Cryptocurrency Comparison in 2020

Cardano and Ethereum are two of the most recognizable projects in the crypto space, and today, we will analyze the two in our Cardano vs Ethereum comparison. What Is Cardano? Cardano is a blockchain project that was designed to support smart contract functionality. The project was developed in 2015 by an organization called Input Output...
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Bitcoin’s on-chain metrics might offer price peak foresight

Bitcoin’s recent rally, although small and aberrant, was reminiscent of April 2019’s rally aka the April fool’s rally. Hence, looking at Bitcoin’s on-chain metrics might provide an insight into what transpired before the price peaked. The recent rally caused Bitcoin to surge by a considerable amount [20% in 4 days] after a week into the...
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Bloomberg Says Bitcoin Will Hit $14,000 in 2020 Thanks to Gold

2020 is shaping up to be a solid year for bitcoin – and less so for altcoins – according to Bloomberg. | Image: shutterstock.com Bitcoin equals digital gold, according to Bloomberg report. Altcoins set to suffer in 2020. The futures market will aid mass adoption. Bitcoin is going to boom this year. That’s the verdict,...
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Tether may be widening the disparity between Bitcoin, altcoins

In its most recent ‘Crypto Outlook’ report, Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, spoke about Bitcoin, Tether (USDT), their adoption and possible outcomes in 2020. According to the report, USDT and Bitcoin have been the most important crypto-assets to have succeeded since 2017, with the report adding that these are expected to gain in...
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Bitcoin’s obedience to S2F model predicts surge over $55k post-halving

Bitcoin’s price responded positively to the new year, with the coin finally pushing the $8k mark on 8 January. However, since the price spike was unforeseen, the price underwent a correction and soon, the price was back under $8k. At press time, Bitcoin was trading at $7922, with a 24-hour trading volume of $15.3 billion....
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Ethereum Price Drops Below $140 Following The Latest Bitcoin Plunge: ETH Price Analysis & Overview

Ethereum saw a small 3.5% price decline over the past 24 hours of trading as the cryptocurrency rolls over and drops beneath $140. Against BTC, ETH failed to breach the resistance at 0.0184 BTC causing it to reverse and drop quite aggressively into the 0.0175 BTC region. Ethereum remains ranked as the 2nd largest cryptocurrency...
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Iranian Conflict a Successful Beta Test for Bitcoin as Wartime Safe Haven

The conflict between the United States and Iran showcased bitcoin’s emerging safe-haven appeal. | Image: shutterstock.com Bitcoin’s use-case has evolved over time. Recently, the top cryptocurrency has been surging under the safe haven narrative. While both gold and bitcoin moved higher due to geopolitical risk, the cryptocurrency has significantly outperformed the precious metal. Bitcoin’s primary...
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R3 CEO interested in CBDCs; claims crypto doesn’t solve business problems

Cryptocurrencies have long been expected to eventually create a paradigm shift in the conventional methods of banking. But, do cryptocurrencies solve real-world problems in the present-day? With the industry still in its nascency, this question has been the subject of discussion for a long time now. According to blockchain tech company R3‘s CEO and Founder,...
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Bitcoin Dumps Retreat With $9,000 Rally Imminent, Analysts Predict

Analysts claim bitcoin is poised to make a run toward $9,000 after putting an end to the pullback. | Source: Shutterstock.com The deescalation of the situation in Iran may have triggered a round of profit taking in bitcoin. Multiple analysts remain bullish on the top cryptocurrency predicting that it won’t go any lower than $7,800....
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TRON Overtakes EOS For Active DApps: Ethereum Still Leading The Category

When it comes to the massive adoption of cryptocurrencies and blockchain-based technology, decentralized applications (DApps) are considered as one of the pathways to it. According to a recent report, 2019 has seen a serious number of new DApps coming out. More interestingly, though, TRON has managed to establish itself as the second most-used platform for...
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Facebook’s Libra won’t be allowed, even if regulated: Australia’s RBA

The Reserve Bank of Australia (RBA) has now confirmed that it is mulling over the digital version of the Australian dollar, a digitized currency commercial banks and other corporates across the country can now use to speed up transactions. According to an official submission presented before a Senate inquiry into financial technology, the RBA asserted,...
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Ripple Partners With Thailand’s Oldest Bank To Work On Cross-Border Payments

Ripple is looking to expand its presence in Asia, forming a new partnership with Siam Commercial Bank. The latter will reportedly develop a new type of mobile application for faster and cheaper cross-border payments, which will run on Ripple. Ripple Partners With SCB Ripple recently announced its newest partnership with Thailand’s oldest bank – Sian...
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Binance JEX announces Test Run on Futures Insurance

Malta-based Binance’s derivatives platform, Binance JEX, has announced the launch of a ‘test run’ on Futures insurance, which is scheduled for 9 January [Singapore Time]. According to the official blog post released by the JEX team, Futures insurance can essentially be used to protect Futures traders’ margin and profits, while trading in Futures on Binance’s...
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Bitcoin more likely to edge towards 2019’s highs, than its lows

In the January edition of Bloomberg’s ‘Crypto Outlook’ report, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, wrote about Bitcoin and its potential in 2020, both in terms of price and adoption. In the report, McGlone stated, “The fact that a store-of-value asset with fixed supply and increasing adoption is more likely to appreciate in...
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Bitcoin Price Analysis: After $600 Drop Since Yesterday, Is The Bullish Sentiment Over?

Following the first mini-rally of 2020, Bitcoin had quickly reached our mentioned target of $8400 before getting rejected. From there, the cryptocurrency saw a steep drop towards the 38.2% Fibonacci level (~$7850) of the last spike. As of writing these lines, Bitcoin is trading around $7900 – $8000 for the past hours, preparing for its...
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ECB Looks Into Launching Own Cryptocurrency, Won’t Interfere With Private Stablecoins, President Says

The European Central Bank is considering the launch of its own CBDC, according to the bank’s President – Christine Lagarde. She indicates in a recent interview that they need to adjust to this changing world and that the bank will not interfere with any private companies in coming up with a similar digital form of...
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Ethereum Foundation’s Virgil Griffith formally indicted on federal charges

Ethereum Foundation Researcher, Virgil Griffith, who was last in the news after he was arrested by the FBI for traveling to North Korea and attending a conference in Pyongyang, has now been formally indicted for “conspiracy to violate the International Emergency Economic Powers Act.” The latest development was first revealed by Inner City Press on...
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Rory Brown Speaks On The Composition And Appearance of Lydian Coins

There may not be a more distinctive, or visually-engaging coin than the Lydian stater. Introduced in the middle of the seventh century BCE, the stater was the first coinage system. He was the one to receive a government-backed insignia, securing its value as a means of trade.  After King Croesus converted to a then-groundbreaking bi-metallic...
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LATOKEN schedules the Blockchain Economic Forum in Davos

On the 20th – 24th of January 2020, LATOKEN is hosting the Blockchain Economic Forum in Davos. During the 8th BEF, 2 out of the 5 days of the forum is dedicated to panel discussions, with a total of 40+ high-level speakers such as government officials, startups founders, and fintech/capital markets executives, including: Christopher Giancarlo...
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Bitcoin Core developer reports 42% drop in build time since peak

Bitcoin Core contributor and guest writer for BitMEX Research, Michael Ford, recently published a report about the build system improvements for Bitcoin, while also expanding on his involvement in removing third-party software dependencies such as OpenSSL. The report, analyzing results from tests conducted by Ford, showed that the number of packages built in Bitcoin Core...
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Bitcoin (BTC) $ 94,224.25 1.93%
Ethereum (ETH) $ 3,408.26 1.87%
Tether (USDT) $ 0.998549 0.09%
XRP (XRP) $ 2.24 1.43%
BNB (BNB) $ 685.18 1.60%
Solana (SOL) $ 192.75 4.88%
Dogecoin (DOGE) $ 0.320715 1.61%
USDC (USDC) $ 0.99992 0.06%
Lido Staked Ether (STETH) $ 3,400.50 1.91%
Cardano (ADA) $ 0.900348 0.28%