When the news of child porn website, Welcome to Video, was cracked down by the FBI with the help of Bitcoin, a majority of the community speculated that the cryptocurrency would cease to be the king coin of the darknet. Thereby, resulting in vendors opting for a cryptocurrency that would be privacy-oriented such as Monero....Read More
Bitcoin Futures demand saw a rise in 2020, with the Chicago Mercantile Exchange [CME] reporting a surge in open interest. While the recently acquired ICE – Bakkt noted a subdued performance, CME was bullish with strong June premiums, according to Arcane. However, according to the CEO of FTX, Sam Bankman-Fried, there was a divide between...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
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
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
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
“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
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
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
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
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
The advent of Bitcoin led to the inception of several other cryptocurrencies in the market, with each coin promising to solve a different ‘problem’, and presenting its own monetary model. There are some crypto-projects that decided to have a hard cap on its supply, and there are also other coins that decided not to have...Read More
In a bid to further extend developments in the Cardano ecosystem and bolster the adoption of ADA, Nathan Kaiser, Chairperson and Chief Legal Counsel of the Cardano Foundation has now revealed the Foundation’s work with Zurich-based GenTwo AG. On the sidelines of the World Economic Forum 2020 in Davos, Kaiser stated, “The Cardano Foundation has...Read More
Stablecoin’s value proposition comes from its inherent feature of being censorship-resistance and increased stability than most conventional cryptocurrencies. Tether, being the most popular one, was expected to follow this norm. Most critics of Tether still argue whether this stablecoin is, in fact, censorship-resistant or not. According to Jeremy Allaire, CEO of Circle, Tether is not...Read More
Bitcoin went through yet another week full of volatility and considerable market movements. The cryptocurrency decreased by a total of about $400 in the past seven days. This happens just before the Chinese New Year, and history revealed that it has historically been a rather bad time for Bitcoin. However, it’s also worth noting that...Read More
One of the most successful and popular entrepreneurs, Elon Musk, recently spoke about Bitcoin and the general idea of cryptocurrencies. Appearing on a podcast, he said that digital assets will not replace cash fully, but they have a role to play. Bitcoin Won’t Replace Money: Musk Elon Musk is widely known for his business endeavors...Read More
At the World Economic Forum in Davos, IOHK CEO, Charles Hoskinson spoke about how Bitcoin, cryptocurrencies and blockchain technology can help the world solve numerous problems that societies struggle with today. “The whole world is changing,” he said. “We’re going from fragmented siloed markets that live within the borders of countries to one global market.”...Read More
In an industry like this, where cryptocurrency prices are highly volatile and unpredictable, putting all eggs in one basket could be quite risky. Many got to know this the hard way, while some learned from the experiences of others. A recent Twitter poll revealed that an increased number of crypto traders and investors are now...Read More
The altcoin market is looking a lot like bitcoin in 2011-12, analyst suggests. That’s a good thing for the market bulls. | Image: shutterstock.com The altcoin market cap may be bottoming out. One trader suggests that the altcoin market cap is mirroring bitcoin’s 2011-12 cycle. If the analyst is correct, there’s a chance we will...Read More
After a turbulent start to the new year, crypto-market sentiment appears to have improved. The market saw a pump in Bitcoin SV’s stagnant price, making it the top-performing crypto-asset over the past week. However, Bitcoin continued to lead the crypto-market due to the increased correlation between the world’s largest crypto-asset and altcoins. According to a...Read More
The Bitcoin SV saga has been one of the highlights of January 2020. After the collective market went on a bullish run in the second week of January, the controversial Bitcoin SV registered a hike of close to 300 percent, taking its valuation from $116 to $457 in a span of 4 days. In fact,...Read More
The United States’ Securities and Exchanges Commission [SEC] has already started to take action with regard to initial coin offerings this year. The first move this year was to charge a convicted criminal for conducting a “fraudulent ICO using a fake identity,” one that raised over $30 million, according to an official website. The most...Read More
According to a recent post by Litecoin.com, the Litecoin Network has facilitated the transfer of over $100 billion in 2019 and was able to sustain its usage over the year, despite the wider crypto-market performing poorly in the second half of the year. While 2019’s figures are lower than the ones recorded in 2018, the...Read More
After last week’s surge to nearly $9,200 and the following retracement, Bitcoin has been trading mostly in a range between $8,500 and $8,750. Yesterday, it noted a quick dip to $8,480 on Bitstamp and immediately surged back to over $8,700, which is where it currently stands. If Bitcoin’s bullish 2020 price movements are to continue,...Read More
The world’s largest cryptocurrency, Bitcoin, is undoubtedly the most successful coin, seeing immense adoption and growth over the past few years. The cryptocurrency not only paved the way for an electronic cash system, which does not rely on a 3rd party, but also led to the creation of several other cryptocurrencies/technologies and several other industries...Read More
Facebook’s unveiling of its plan to launch a digital currency dubbed Libra has not only drawn the attention of regulators worldwide, but it has also initiated talks about central backed digital currencies, with China currently leading the race. With the country extensively pushing forth the growth of its blockchain ecosystem, it is still unclear when...Read More
In a recent interview, CEO of IOHK and Cardano founder, Charles Hoskinson, spoke about proof-of-stake systems, Ethereum smart contracts, and IOHK‘s goals for 2020. According to Hoskinson, there is a large group of people in the cryptocurrency space who either believe PoS is a Ponzi scheme or that Cardano’s particular flavor of it is flawed....Read More
“The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data,” said Charles Hoskinson, CEO of IOHK and Founder of Cardano, in a recent interview. During the same, Hoskinson spoke at length about Bitcoin, blockchain security, Ethereum, and about creating a global social operating system. According to Hoskinson,...Read More
