The proposed tax on bitcoin cash miners isn’t going down well. | Image: shutterstock.com An anonymous group of miners announced plans to hardfork a new bitcoin cash blockchain if tax on miners isn’t removed. Group claims to control 42% of the BCH hashrate, with plans to expand it to 2.5 exahash per second by the...Read More
“Libra, invariably because of the potential scale of the project, has been a force multiplier of changing the scope of the conversation.”, said Libra Association vice-chair, Dante Disparte. Libra did manage to send shockwaves across the halls of Congress and initiate the much-needed conversations about the sector. But considering Facebook’s tryst with the US regulators,...Read More
Bitcoin Cash miners have been left with a bitter taste in their mouths after BTC.TOP’s CEO Jiang Zhuoer published his proposal to direct 12.5% of mining rewards to support the BCH infrastructure over the next six months. In response, anonymous North American and European miners have announced the formation of an, “opposing mining group.” “We...Read More
Bitcoin’s 60-day correlation with gold turns positive for the first time this year. | Image: REUTERS / Anton Vaganov / File Photo Bitcoin’s price comes within a hair of $9,000 en route to its highest level in over a week. Bitcoin’s correlation to gold flips positive, according to Bloomberg. Fears of a coronavirus pandemic put...Read More
Latin America is reportedly seeing increasing adoption of blockchain technology and cryptocurrencies, with Statistica reporting the region holds the largest number of cryptocurrency users in the world. Through this adoption, Latin America is creating innovative methods to shape public policy, fight fraud, reduce theft, and squash corruption. Since most of Latin America has been through...Read More
September 2019 saw ETH drop from $220 to $254 in just a matter of days, and Ethereum hasn’t been able to move back above the $210 mark ever since. However, the daily chart indicated that this level might not be out of reach for much longer. CoinMarketCap showed, at the time of writing, ETH with...Read More
Bitcoin’s price surged 6% in 48 hours from the $8250 handle to above $8770. The price movements come as the coronavirus continues to spread in China. The Wuhan virus epidemic continues to plague throughout the country and abroad. Medical authorities confirmed a fifth case of the SARS-like virus in the United States. Much broader markets...Read More
BCH is one of the biggest gainers over the last 24 hours.. Bitcoin Cash is following bullish sentiment across its trading pairs. Sellers are waiting to scalp gains from potential pullbacks. BCH/USD: BCH Bounced Back After Major Corrections, Poised For More Gains Key Support Levels: $423, $500Key Resistance Levels: $310, $275 Since the entire crypto...Read More
One of the most concerning and substantial pieces of news early in 2020 came from China. The country saw the outbreak of a new coronavirus in mid-January in the Chinese city of Wuhan. Supposedly originating in a local food market in the city, the virus now spreads over a broader territory while the number of...Read More
There have been some interesting crypto price movements in 2019. Let’s explore what cryptos had the most impressive shifts in price, and consider them for future investments. Even if 2019 had a slow start, most cryptocurrencies saw a big increase in value in the first six months. But then in Q3 of 2019, the hostile...Read More
Bitcoin Cash, the famous fork of Bitcoin, has been the center of crypto-controversy for the past few days, and the reason behind it – one of the proposals presented for the upcoming network upgrade, scheduled to take place in May 2020. The announcement made by one of the largest mining pools – BTC.Top stated that...Read More
Bitcoin cash seems unaffected by the ongoing drama over a proposed tax on miners. | Image: shutterstock.com Bitcoin Cash surges 15% as cryptocurrency’s home-grown tax drama rages on. Previous references to communist “Non-Debate Philosophy” have been edited out of Jiang Zhuoer’s tax proposal. Bitcoin.com executive chairman Roger Ver recently cast doubt on the particulars of...Read More
Bitcoin’s unique properties as a store of value and medium of exchange will make it extremely valuable in the future, quant analyst claims. | Image: shutterstock.com An Ikigai analyst started a tweetstorm that details the birth of the petrodollar. The analyst also covered the fiscal irresponsibility of the federal government. He said that once inflation...Read More
[PRESS RELEASE – Please read disclaimer] Cryptocurrency trading offers investors, who are willing to take on the risk, an opportunity to make a fortune. They can trade crypto futures contracts with 100x leverage, which will amplify the potential profits, as well as a loss when betting on the wrong market direction. For conservative traders who...Read More
The Saudi Crown Prince allegedly hacked Amazon CEO Jeff Bezos’ iPhone in May 2018. Two U.N. investors brought the news to light this week. It rocked the entire global community. Prince Mohammad bin Salman may have been able to compromise Bezos’ smartphone WhatsApp text. That something so innocuous as a text could be a cyber...Read More
One cryptocurrency company went too far in seizing a marketing opportunity after Kobe Bryant’s death. | Source: AFP/David Mcnew Cryptocurrency project Tron and founder Justin Sun co-opts Kobe Bryant’s death to promote an upcoming blockchain conference. It’s the low point in a long string of disingenuous marketing ploys from Sun. Tron cryptocurrency has lost 91%...Read More
[PRESS RELEASE – Hong Kong — January 27, 2020] TOKEN2049, the premier crypto conference in Asia, will be returning to Hong Kong this year on 17-18 March 2020 at Shangri-La’s Kerry Hotel. As the flagship event of Asia Crypto Week, TOKEN2049 will bring together leading projects as well as key decision-makers and thought leaders throughout...Read More
The upcoming Bitcoin halving set to happen sometime in May 2020, has been anticipated by many in the crypto community. Contributors and researchers have jumped into the discussion and made their comments on how the price fluctuations and the performance of the coin after the halving could play out. Looking back,Litecoin‘s halving in August 2019...Read More
Yesterday, one of the most successful and popular basketball players, Kobe Bryant, met his tragic demise in a helicopter accident. While the world is mourning his passing, TRON’s Justin Sun quickly dedicated the next niTROn conference to the legendary player. However, the crypto community is divided in its reactions if this is genuine grief or...Read More
Ethereum went through a 3% price increase over the past 24 hours after rebounding from support at the 100-days EMA. Against BTC, ETH has turned away from the resistance at the 100-days EMA and looks to trend lower with a bearish crossover signal on the Stochastic RSI. Ethereum has survived from dropping beneath the $158...Read More
A quick update following yesterday’s analysis. As we mentioned here yesterday on the previous analysis – Bitcoin price’s recent correction down to $8200 was healthy (so far). Added to the above, is the fact that Bitcoin had found support precisely on the lower trend-line of the ascending channel, marked on the following 4-hour’s chart. Over...Read More
Leading cryptocurrency exchange, Binance’s estimated trading fee revenue in December 2019 was $18.7 million. The estimated trading fee revenue was calculated using CryptoRank.io reported volumes for December multiplied by average trading fees listed on the websites of the exchanges. The study which was conducted by CryptoDiffer revealed that the CZ-led platform was trailing behind the...Read More
Abstract: In this report we analyse and discuss the average level of precision (round numbers) in Bitcoin transaction output values. We evaluated almost 1.3 billion Bitcoin outputs with non-zero values since the network was launched, representing a total value of over 5.4 billion bitcoin of spend, worth over US$12 trillion. We then placed these transaction...Read More
Enjin Wallet Review QUICK NAVIGATION : The platform offers Ethereum based token, ZeroEx, Litecoin, Bitcoin and Enjin Coins. However, it was specially designed to support the coins running on the ERC-20 protocol to receive the token from ICOs. Enjin accepts multiple coins the same as other crypto wallets such as Jaxx, Coinomi, etc. Enjin Wallet...Read More
