The term digital gold has been used on Crypto Twitter after several influencers pointed out similarities between Bitcoin and gold. While some thought that it was good to view Bitcoin as digital gold or store of value asset, a few others highlighted the fact that this was defying Bitcoin’s use case as digital cash. The...Read More
Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book a flight. And...Read More
Ethereum, one of the world’s most popular networks for the deployment of smart contracts and development of decentralized applications (DApps), has undergone a hard fork. Dubbed ‘Istanbul,’ the system update adds new features and improvements to the existing solution. Ethereum’s Istanbul Hard Fork Goes Live Ethereum’s network underwent its long-awaited hard fork called Istanbul. It...Read More
While the perception of cryptocurrencies has changed for the better since the crackdown of Silk Road, the outlook on privacy-enhancing cryptocurrencies has not seen much change. Governments continue to tread cautiously towards them compared to Bitcoin and Ethereum. The wariness has impacted the growth of fungible cryptocurrencies such as Monero as more and more centralized exchanges...Read More
Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week after that.Now, the crypto is trading for $7,400 a pop, seemingly trying to establish a market trend for the coming week. While some...Read More
Smashboard is a blockchain-enabled app that plans to help sexual abuse victims in India. The app plans to reduce the trauma that’s associated with reporting incidents. Smashboard plans to add more features to help victims in the future. The Me Too movement in India gained steam last year when popular figures decided to come out...Read More
Over the past few months, Ethereum community had been gearing up for its eighth network update, Istanbul. Earlier today, Istanbul went live on the network at block number 9,069,000. Several developers of the Ethereum network along with Vitalik Buterin live-streamed the “Istanbul Upgrade Countdown Party!” Buterin revealed that the fork block was mined by SparkPool....Read More
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar.The price is currently holding the main $144 support area and breakdown zone.There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong...Read More
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar.The price is currently correcting gains and it is trading below the $7,440 level.There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is likely...Read More
When a popular browser removes multiple extensions from its platform, an uneasy situation is created. In the case of Firefox, four different extensions have now been outlawed. What makes this decision even more remarkable is how all Firefox extensions belong to the same developers. A Positive Development for Firefox Users The extensions in question are...Read More
When it comes to determining the performance of cryptocurrencies, Bitcoin is always miles ahead of the rest. That is, until this year, as Binance Coin has had a pretty decent year as well. Competing with the world’s leading cryptocurrecy is no easy feat, even under the best of circumstances. The Success of Binance Coin Most...Read More
After the ICO bubble popped in late 2018, projects scrambled to find new ways to raise money. After briefly courting the Security Token Offering, markets settled on a ‘new’ concept: the Initial Exchange Offering. Is this new model really an improvement over the original? Though the ICO market quickly grew to billions of dollars in...Read More
Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest. DONUT is More Popular Than Expected Things are a...Read More
Can cryptocurrencies ever replace fiat? This has been a subject of debate for many years now. According to Deutsche Bank’s latest study, the answer could be yes. Deutsche Bank’s analyst Jim Reid’s new study, titled ‘Imagine 2030‘, stated that Bitcoin and other cryptocurrencies could eventually replace the established Fiat currency system by 2030. “Overcoming regulatory...Read More
While some analysts are still expecting Bitcoin (BTC) to fall further, it appears that fundamentals and on-chain metrics are starting to imply bulls have the upper hand.Related Reading: Bitcoin CME Futures Gaps Are Filled With 95% Certainty, But Trading Them Is RiskyBitcoin Preparing to Head Higher Ahead of HalvingAdaptive Capital partner Willy Woo recently noted that...Read More
Many cryptocurrency enthusiasts dislike the process of sharing identity documents with exchanges and other service providers PayTrie is experimenting with a different KYC solution, known as Express Verification. Sharing sensitive identity verification documents with third parties carries significant risks. Simplifying KYC Verification More often than not, a data breach of a third party handling this...Read More
The global luxury jewelry industry and the mining industry are exploring blockchain technology to improve efficiency, tracking of materials, and enhancing transparency. Most importantly, the aim of using blockchain technology includes protecting miners’ health and the environment. NYT: “Blockchain Is a Growing Niche Within the Global Jewelry Industry” The World Gold Council indicates that the...Read More
Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack of momentum has caused ETH to hover around the $150 region as bulls and bears remain deadlocked.Analysts are now noting that...Read More
The Weiss Crypto Ratings chart saw EOS slide down the ranks. Weiss downgraded the project, pointing centralization as the chief reason. Weiss Moved EOS Down Straight to C- Weiss Ratings downgraded EOS from B to C-, despite the favorable estimations in the past. The chief reason was the influence of big token holders, which could...Read More
HODL is such a popular trading strategy in the crypto community that it has transcended into a meme. HODLers are flexing their muscles as they refuse to sell even if they are in profits. Add to that the halving and we have the recipe for bitcoin rocket fuel. Many bitcoin traders laugh at the idea...Read More
The past month has been a pretty challenging time for bitcoin HODLers, and cryptocurrency in general. There has been precious little to celebrate, save for the fact that prices could easily have gone lower still. So isn’t it about time we had some positive news? Luckily, who should pop up at just the perfect juncture,...Read More
2019 is approaching its end, and while many crypto enthusiasts have marked 2020 as the next Bitcoin bull-run, it is mostly because of the anticipated halving event. While there is a consensus that the halving will propel Bitcoin price to new highs, some analysts see the cryptocurrency visiting lower values before we can even start...Read More
Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week back.Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart PatternWhile some say that the fact that Bitcoin failed to...Read More
Bitcoin and other cryptocurrencies emerged as a reaction to the inefficient traditional financial system and a growing crisis of confidence in these systems. Bitcoin has been used as an “escape valve” in countries with oppressive regimes like Venezuela and Zimbabwe and more than a decade since the creation of the Bitcoin genesis block, it can...Read More
The long-awaited Ethereum Istanbul hard fork will take place at 12 AM GMT on December 8. Once again, most ETH nodes are waiting until the last moment to upgrade. Ethereum Nodes Wait to Upgrade Until Last Moment Based on Ethernodes, the percentage of nodes that had not upgraded with the Istanbul version was pegged at...Read More
Cryptocurrency investors in the United States have two notable exchanges to choose from — namely, Coinbase Pro and Binance.US. Though there are several other options as well, these exchanges are operated by two of the most recognizable crypto companies in the world, both of which have a major U.S. presence. In this review, we’ll break...Read More
Another week, another round of Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two.Analysts from Bloomberg and other top industry firms are...Read More
Ethereum client Parity released an urgent announcement, admitting that they forgot to include an EIP in the latest upgrade. Ethereum’s Biggest Client Forgets EIP Inclusion A recent announcement posted by one of Ethereum’s biggest clients, Parity, came as a surprise. The service admitted that it forgot to include an EIP (Ethereum Improvement Proposal) into their...Read More
While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder moved over 50,000 BTC ($410 million) and cycled the...Read More
In an Ethereum Q&A session conducted on YouTube, Bitcoin and open blockchain expert, Andreas Antonopoulos spoke about the proposed Ethereum 2.0 hard fork, the ‘first-mover advantage’, and whether or not he thought Ethereum would become the next Bitcoin. Antonopoulos explained how Ethereum and Bitcoin store accounts and code in fundamentally different ways. Where Bitcoin uses...Read More
