Blockchain analytics venture, Chainalysis informed that the total darknet market sales of cryptocurrencies grew 70% in 2019. The sales in 2019 amounted to $790 million, making it the first time the sales surpassed $600 million. Source: Chainalysis The report added: “…for the first time since 2015, darknet markets increased their share of overall incoming cryptocurrency...Read More
As bitcoin approaches three-month highs, it’s looking a lot more like a safe haven asset. | Image: shutterstock.com Bitcoin (BTC) peaks at $9,429.99, its highest in almost three months. At its highest point Wednesday, the largest cryptocurrency was up 32% year-to-date. Bitcoin is behaving a lot like a “safe haven” asset, according to Fundstrat’s Tom...Read More
The year 2019 saw 11 exchanges being hacked, resulting in the theft of almost $2.8 billion in bitcoin. According to an earlier report, the stolen bitcoins were moved into several exchanges with bulk movements to Binance and Huobi. However, new research from Chainalysis stated that over $600 million worth of bitcoin was spent on the...Read More
Over the past 3 days, Litecoin registered a 15.12 percent growth on the back of another spike, as its valuation crossed the $60 dollar mark. At press time, LTC’s price remained just above $60. 1-hour chart LTC/USD on Trading View The 1-hour chart of Litecoin exhibited consistent growth registered after over the past 5 days,...Read More
Since the start of January, the mid-cap crypto index had registered collective growth of over 50 percent till the end of 3rd week. The small-cap crypto index registered a positive spike with well over 35 percent returns since January 1st. The sentiment has been subdued a little over the past week, as according to Coinmetrics’...Read More
Blockchain technology continues to make waves around the world. And today, the world has witnessed what many believe to be the first major step towards a new way for startups to access capital. According to a press release by Andriotto Financial Services, dated January 29th, 2020, the country of Switzerland has recently approved OverFuture SA’s...Read More
Against Bitcoin, ETC may face weekly resistance at 0.0015SAT level ETC is following a bullish sentiment across trading pairs ETC/USD: ETC Buyers Regroup Stronger Following The Break Above 2019 High Key Resistance Levels: $16, $20Key Support Levels: $10, $8 ETC/USD. Source: TradingView After a weak correction to $8, Ethereum Classic bounced back with more than...Read More
Since crypto has grown in popularity, there have been many notable hacks that targeted the industry’s exchanges, wallets, and users. Even if crypto security has come a long way, will 2020 be the year when all users will be worry-free of hackers and attacks? Cryptography is considered the fundamental basis of informational security, but it...Read More
2020 has so far been an exciting and profitable year for Bitcoin. Since the early days of January, the cryptocurrency has managed to increase its value by almost 40%. This is a spectacular performance for any asset, even more so within traditional markets. BTC/USD January. Source: TradingView In the past 24 hours alone, Bitcoin is...Read More
YouTube has for the longest time defined and influenced our day-to-day life along with other social media platforms such as Facebook, Instagram, and Tiktok. News breaks here, trends are set here, money is made here; they are the go-to platforms. YouTube alone has contributed to the success of several people like Justin Bieber, PewDiePie, Jeffree...Read More
Jae Kwon, co-founder, and CEO of Tendermint and president of the Interchain Foundation revealed in a series of tweets late Tuesday that he will step down from his role at Cosmos to work on a daughter project. Tendermint is the company that’s behind the development of the Cosmos SDK. Cosmos Network was launched in March...Read More
Justin Sun looks to capitalize on coronavirus outbreak by pumping his controversial cryptocurrency. | Source: REUTERS / Stringer Tron CEO Justin Sun is on his way to help the people of Wuhan province with a box of face-masks. The founder continues to live up to his reputation for capitalizing on any opportunity to advance his...Read More
John McAfee compares bitcoin to hotmail and declares the original cryptocurrency to be the real “sh*itcoin.” | Image: REUTERS / Alexandre Meneghini / File Photo Altcoin King John McAfee derides BTC as the real sh*tcoin of the cryptocurrency world. McAfee compares BTC to hotmail – a once ubiquitous service that eventually faded away. The self-declared...Read More
French football club Paris Saint-Germain (PSG) launched its new crypto-token today. Back in 2018, PSG had agreed to partner with Socios.com in a bid to leverage blockchain technology to enhance fan engagement. The fan tokens are available on Socios.com as part of an initial token offering and will provide fans with the opportunity to participate...Read More
XRP increased by 2.5% over the past 24 hours of trading, bringing the price up to $0.238. Against BTC, XRP has suffered heavily after dropping beneath 2600 SAT to approach the January lows at 2525 SAT. The latest price increase is mostly a result of BTC surging back above $9,000. Key Support & Resistance Levels...Read More
The number of active entities holding Bitcoin is continuously growing over the years to the current number of over 23 million, according to a recent report. Cryptocurrency exchanges control 13% of all bitcoins, and Coinbase is the leader with the most considerable stash. The popular blockchain monitoring resource, Glassnode, recently published its new paper regarding...Read More
In the digital space, few companies are still in the game including- Mycelium. The team of hardware engineers established Mycelium in 2008. The company intends to meet the emerging needs of bitcoin users. Mycelium is Android and iOS Bitcoin wallet app. Simple to install for daily basis use. The Bitcoin wallet is an application allowing...Read More
John McAfee, who previously made a daring prediction that Bitcoin will reach $1 million by the end of this year, continues his recently negative stance against the largest cryptocurrency. The founder of one of the most popular antivirus software said that Bitcoin is the true shitcoin, and the future of crypto is with alternative coins....Read More
Litecoin creator, Charlie Lee has been vocal about LTC becoming a privacy coin in the near future. Lee had on-boarded Grin developer, David Burkett to implement the MimbleWimble [MW] protocol and use extension blocks for scalability and privacy on the network. Noting fungibility as one of the important properties of money that had been missing...Read More
Over the past days, following a decent start to the new decade, we had seen Bitcoin correcting nicely and healthily into the 38.2% Fibonacci level at $8300. Immediately after that, Bitcoin fired its engines and in just three consecutive days, the primary cryptocurrency had gained over $1200 (!), which is more than 15% to its...Read More
If you’re looking for an easy and fast mobile wallet, which supports a variety of altcoins; the Coinomi wallet is worth consideration. Coinomi allows you to store Bitcoin, Ethereum, and other digital assets. Coinomi Wallet Review QUICK NAVIGATION : What is Coinomi? Coinomi is one of the strongest multi-cryptocurrency wallets in the market. Coinomi, Ltd....Read More
