One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company. Law Case Against BitMEX For $300 Million...Read More
According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead. Correlation: ETH Price And New Ethereum Addresses The popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number...Read More
66% of the entire hashrate of Bitcoin’s network pertains to miners in China, per a recent report. Chinese-controlled hashrate, at the time of this writing, is at its highest point in the past two years according to a popular monitoring resource. China Controls 66% Of Bitcoin’s Hashrate According to a recent report from Reuters, China...Read More
Roger Ver, one of the earliest cryptocurrency advocates and proponent of Bitcoin Cash, has interviewed now-arrested Joby Weeks. The latter has been involved in an alleged cryptocurrency mining scam called BitClub and is now charged with conspiracy to commit wire fraud. Roger Ver Interviewing Jobadiah Weeks in June Roger Ver, one Bitcoin Cash’s most exclusive...Read More
Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%. Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow...Read More
Mark Cuban has made a fortune by investing in innovative technologies, but this doesn’t mean he loves everything new that comes along. Case in point is cryptocurrency as the billionaire has made his disdain of virtual currencies clear. In an interview with Forbes, he said there is “no chance” that Bitcoin will ever be used...Read More
Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing. 83% Of Executives Believe In Blockchain Deloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted...Read More
One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng...Read More
Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has adopted an amended draft law that seeks to introduce cryptocurrencies as a legal means of payment and investment within the country, according to a Monday report. This development is an effort to work in accordance with the Financial Action...Read More
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017. Is Tezos The New Ethereum? 2017 was...Read More
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it’s rolling out cash-settled Bitcoin futures and monthly options. The platform sees an increasing volume over the past week, signaling further institutional involvement. Bakkt’s Cash-Settled Futures Contract According to an official publication by Adam White, COO at Bakkt, the platform...Read More
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has chosen a new cabinet seeking the Peronist agenda and possibly going against IMF’s involvement in the country. Bitcoin Trading Volume At ATH According to the popular monitoring resource Coin.Dance, the...Read More
The Internal Revenue Service (IRS) of the US has long been trying to figure out the best way to single out and tax cryptocurrency holders. The authority has issued a new draft form which aims to obtain essential information regarding the acquisition, exchange, and sale of Bitcoin and other virtual assets. Do You Own Any...Read More
This year is coming to its end, and, naturally, it’s time to wonder what’s the next big thing in the world of Bitcoin. CryptoPotato had the chance to meet and talk with one of Bitcoin’s most famous proponents and industry experts, Anthony ‘Pomp’ Pompliano, co-founder and managing partner at the venture capital fund Morgan Creek...Read More
There are many ways in which cryptocurrency trading resembles the traditional ones, but there are just as many differences, as well. That’s why it’s possible to use regular definitions, but they need to be appropriately adjusted and related according to the specifics of cryptocurrencies. Price gaps, for example, are something seen quite regularly within traditional...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
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
Bitcoin seems to be charging at $7,600 as it marks a slight increase of around 2.1% in the past 24 hours. The cryptocurrency seemed stuck in the same confluence price zone between $7,300 and $7,400 but has managed to break above it, and it now trades at around $7,550. As CryptoPotato reported earlier, an important...Read More
