Blockchain in the gaming industry is an experiment that’s been ongoing for some time now. It started with the introduction of ‘Huntercoin’, the first real blockchain and decentralized strategy MMO game, introduced way back in 2014, which was basically an experiment to gauge the decentralized ledger technology’s ability to support the gaming industry. With Huntercoin’s...Read More
More than half of the total circulating of 63,842,239 LTC has not moved in more than a year now, i.e 40 million LTC have remained dormant which amounts to nearly $2.036 billion, at press time. This was pointed out by Franklyn Richards, Litecoin Foundation Director, who stated that a majority of these Litecoin appears to...Read More
PewDiePie’s credibility is in question after he promoted controversial crypto projects on his YouTube channel. | Image: YouTube/PewDiePie PewDiePie’s credibility is in question after he shamelessly plugged a rather dubious cryptocurrency project DLive claims to be blockchain-based but their proprietary currency has some major issues If you blindly trust everything that Felix Kjellberg says you...Read More
The leading crypto-asset management firm, Grayscale Investments registered a total of $2.2 billion in Assets Under Management [AUM] on 10th January 2019. Its official tweet read, “01/10/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $2.2 billion” According to the investment firm’s latest update,...Read More
With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC...Read More
In the crypto ecosystem, things change fast. Even though we may make predictions of different cryptocurrencies, some of the metrics that seem essential today may suddenly change in a matter of months. Nonetheless, as we enter a new decade, we’ll look at some important happenings that will likely shape the market in 2020. Given that...Read More
January 7 was a momentous day for Bitcoin, having finally crossed the $8000 level for the first time since late-November. With such a great start to 2020, Bitcoin could have more surprising upward price movements in store. BTC was valued at around $8100 at the time of writing, and indicators show the price could move...Read More
Other than a brief rise to nearly 2900 sats on January 6, XRP has been mostly consolidating between 2550 and 2700 sats since mid-December, 2019. With Bitcoin and its dominance on the rise, XRP could be in for some sharp movements in the short-term. XRP BTC 4-hour chart Source: XRPBTC on TradingView The 4-hour chart...Read More
XRP continues to hold strong as it trades sideways along with the $0.21 level. Against BTC, it managed to climb back above the 2600 SAT level but the bulls look pretty weak. The RSI remains above the 50 level which shows that the momentum remains in the hands of the bulls at this moment in...Read More
Andreas Antonopoulos, the author of Mastering Bitcoin and Mastering Ethereum, recently spoke about the scenario that could unfold in the case of a 51 percent attack, in a Q&A session on YouTube. The well-known influencer also spoke about the reason why Bitcoin was immune to such an attack. After summarising all the things an attacker cannot...Read More
Justin Sun is back to doing what he does best: Hyping Tron. | Image: shutterstock.com TRON (TRX) CEO Justin Sun teased a new secret project which would bring in at least 100 million new users. Sun also promised his new DLive and BitTorrent project would bring “multibillion benefits” to the TRON ecosystem. Reaction to Sun’s...Read More
Bitcoin had a quiet start 11 years ago but since then has implemented serious innovations within the financial world and has managed to leave a definitive mark. While some people debate over the incredible investment returns it has delivered over the past decade, the largest cryptocurrency also managed to disrupt the whole financial sector. Let’s...Read More
Cryptocurrencies are any digital currency with no central issuing, regulating authority, one that exists only on a decentralized ledger called blockchain. Sounds clear enough, right? Well, not quite, if you consider how differently they are treated by tax agencies around the world. Nothing is better evidence of the global crypto-confusion than an examination of how...Read More
Cryptocurrencies and illegal activities are often mentioned in the same sentence, especially by those who don’t support the idea of digital assets. Their anonymous nature leaves room for attacks that they are mostly used for similar transactions, but some reports might bring more light to the case. With this said, let’s find out whether or...Read More
On the latest episode of the Unconfirmed podcast, host Laura Shin spoke to Nate Maddrey, senior research analyst at CoinMetrics, a Bitcoin and crypto-asset data analytics firm. During their conversation, Maddrey mentioned how 2019 had been a big year for stablecoins overall, and that Tether is still, by far, the most dominant stablecoin in terms...Read More
The end of 2019 marked yet another volatile and, in most cases, profitable, year in the cryptocurrency community. The field continues to evolve with new developments while governments are starting to pay further attention, ultimately leading to a more mature market place. A recent report has compiled interesting data regarding the performance of Bitcoin, Ethereum,...Read More
The participation of new entrants in the industry has kept the space interesting for speculative trading. FTX has been making headway for a while; especially with the launch of Bitcoin Option tradings. The move to launch Options trading was announced by the CEO of the exchange, Sam Bankman-Fried on January 12, via Twitter. Options launching...Read More
The whole cryptocurrency market has been somewhat volatile over the last several days. Bitcoin, for example, is almost invariably on the move. Friday, it went down to $7,666 on Bitstamp and yesterday surged to nearly $8,300. At the time of this writing, it has calmed to around $8,100. Taking a look at the technical aspects,...Read More
Ethereum Classic’s Agharta protocol upgrade went live on the Mainnet on 12th January 2020. The planned hard fork went live on block 9,573,000. Prior to this, its test networks – Morden, Mordor, and Kotti were successfully implemented. ETC’s Agharta essentially added the ETH Constantinople opcodes to ETC mainnet. The proposed changes for Ethereum Classic’s Agharta...Read More
The on-chain activity on Bitcoin’s blockchain remained overall positive throughout 2019. Despite stagnation in the price, Bitcoin’s network metrics stayed strong. Its mining hash rate has seen an exponential increase in the last couple of months and touched a new all-time high of 117 exahash per second [EH/s] on January 5th. As miners continued to...Read More
