Ethereum naysayers were out in force as the week began after co-founder Vitalik Buterin warned that the network’s blockchain was “almost full.” Buterin: ETH ‘Already Expensive’ In an interview with Canadian mainstream news outlet The Star, Buterin, discussed the future of Ethereum, along with the problems cryptocurrency faces on the path to broader adoption. Using...Read More
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins.New York-based Ark Investment...Read More
The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue. The New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange...Read More
During his recent interview, Vitalik Buterin stressed on key factors of scalability, account security and usability which will steer ahead of the mass adoption of digital currencies. The cryptocurrency community is closely watching all the developments taking place in the Ethereum ecosystem. Over the last year, Ethereum developers have been rigorously working on improving the...Read More
Photo: INX / Twitter INX Limited is a cryptocurrency exchange startup which plans to do an IPO as their token sale. The main difference is that this time the whole party wants to be properly regulated. While it is known that the 2017 ICO craze was completely unregulated and everybody could get away with it,...Read More
Anchor, a two-token stablecoin algorithmically pegged to the global economy, has launched beta testing of its new Anchor Wallet. Developed in partnership with Ambisafe, the wallet allows users to directly purchase ANCT stable tokens with any fiat currency, or major cryptocurrencies such as BTC, ETH, USDT and USDC. The ANCT is based on the the...Read More
A Bitcoin Twitter account with almost a million followers has dumped Bitcoin Cash in favor of Bitcoin itself – and everyone is trying to explain why. @Bitcoin Finally Promotes Bitcoin Again In a seemingly random turn of events, @Bitcoin, one of the Bitcoin industry’s biggest misnomers, suddenly began promoting Bitcoin 00, in line with its...Read More
The Tron Foundation updated the community about recent developments in its ecosystem through its weekly report. The report highlighted the progress of Tron over the past week. The community was elated by the fact that block height had exceeded 11.86 million, while registering 1,145 nodes in Tron ecosystem. Further, real-time accounts also grew and stood...Read More
Since April of this year when Bitcoin first spiked over $1,000 in a matter of minutes, sending the first-ever crypto asset out of its bear market depths, Bitcoin dominance has soared, indicating that much of Bitcoin’s rally was fueled by altcoin-driven selling. The impact can be seen in both Bitcoin’s price outperforming most altcoins by...Read More
Social media giant Facebook has been under the spotlight for quite some time, following its entry into the crypto world with its coin Libra. In recent news, six lawmakers from the U.S. are said to visit Switzerland to further discuss the launch of the cryptocurrency. Despite the obstacles Libra is facing, the Libra testnet is...Read More
ZenGo crypto wallet has announced the support for Facebook’s Libra testnet which gives its users a first-hand experience of using Facebook’s native cryptocurrency. Facebook announced its native cryptocurrency Libra in June 2019 scheduled to launch next year in early 2020. However, apart from its native crypto wallet Calibra, Libra is already getting the support of...Read More
Photo: PriceMinister / Flickr Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release. Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month. The company...Read More
The U.S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger. A United States House of Representatives delegation plans to visit Switzerland on cryptocurrency concerns. Libra stablecoin, which is the Facebook‘s project, will be the primary focus of these discussions. A group of...Read More
Thousands of spinoffs of the world’s leading cryptocurrency Bitcoin are expanding into the void, according to market analyst Josh Rager.The Bloockroots.com co-founder on Sunday said the demand for “highly speculative” alternative cryptocurrencies, or altcoins, is falling. The analyst noted that institutional investors now look at bitcoin, the first cryptocurrency, as their preferred choice of investment....Read More
Black Manta Capital Partners (BMCP) announced the successful reception of the BaFin licence. As a result of the licence, the company will be able to “provide regulated financial brokerage services using blockchain technology in accordance with the MiFID II regime.” Based on the original press release, “With so-called Security Tokenization, BMCP converts rights to an asset...Read More
The Santander Group plans to establish a new payments corridor in Latin America allowing countries to make instant payments to the U.S. using Ripple’s xCurrent payment solution. Although XRP has been a poor performer so far in 2019, Ripple‘s blockchain-based money transfer and remittance solutions continue to make progress. Santander Group, the Spanish banking giant,...Read More
Cryptocurrency analysis and data platform, The TIE, recently did an investigation into crypto-hype on Twitter. Which tokens are being manipulated the most, through bot accounts and inflated engagement? To compare, it looked at hype-to-activity ratio, or number of tweets per $1 million of trade volume. Let’s Start With A Look At The Wallflowers Across the...Read More
Most of the assets enjoyed a lucrative period from April to June but the controversial Bitcoin SV faced a few “hiccups” along the way. Bitcoin SV went through a tumultuous journey this year, with the coin being delisted by major exchanges like Binance and Kraken, which led to its drop in rankings as well. However,...Read More
The Venus project announced by Binance earlier on Monday plans to create stablecoins and other virtual assets backed by fiat currencies around the world. Top cryptocurrency exchange Binance announced they’re planning to initiate an open blockchain project dubbed Venus. The project is presented as an initiative made in order to develop localized stablecoins and digital...Read More
Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...Read More
The weekend has been largely one of consolidation for crypto markets as Bitcoin has held on to gains to keep it in five figures. Monday morning, however, has seen some bigger moves on altcoin prices as they outperform their big brother in a rare upswing.Crypto Markets Gain on AltcoinsMost of 2019 has seen the altcoins...Read More
As a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all the moves at the moment. Is this a one off or could it be the start of a wider revival for them? Bitcoin Makes...Read More
From the launch of the Sun Network to retain its dominance in the DApp space and completing its incentive plan 2.0 with Tether, Justin Sun’s Tron Foundation can boast a series of development over last few weeks. Recently, TronWallet shared an update on Twitter, suggesting that Bitcoin is the latest addition to the TronWallet. The...Read More
Dash continued to improve its growth in 2019 and according to their official Reddit blog, Dash enjoyed a lucrative week. It was indicated that Dash had outperformed a total of 8 major coins in the past week. Simple moving average [SMA] of 47% was registered; with Dash outperforming 4 of the top 10 coins. Source:...Read More
Elliot Gunton, a 19-year old teenager from Mounteney Close in Norwich was sentenced to a 20-month prison sentence on 16th August. Gunton was also asked to pay back £400,000 for hacking services he offered in exchange for cryptocurrencies. A Norwich Crown Court on Friday sentenced him for his crimes after he pleaded guilty in earlier...Read More
Digital silver has not had the best couple of weeks. With anticipation about its block halving raising its price by over 300 percent in 2019, the event itself saw bearish price movement. Litecoin, after reaching a high of over $140 in price two months prior to the halving, has seen a slump since. At press...Read More
Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...Read More
Can the unstoppable force move the immovable object? Since the dawn of time, innovation is viewed from two different perspectives. One from the perspective of the innovator, and the other from the perspective of the innovation enforcer. With the world moving at such a fast pace, the unwritten rule is: innovate or perish, and in...Read More
Digital Silver, despite being the third-largest gainer in the top-10, in 2019 alone has been on a bit of a slump. Following its block halving at the start of the month, the 5th largest cryptocurrency on the market has lost 49 percent of its price since late-June when it was priced at $144. To put...Read More
While the cryptocurrency world is ensconced with news of Bakkt confirming their September 23 launch of BTC futures, the altcoins are looking in awe. At press time, none of the heavyweight alternates to Bitcoin are trading in the thick of the green. Litecoin, fresh off its halving, has been on a downward slump, dropping by...Read More
