Bitcoin and its holders experienced a fruitful 2019 with almost 90% in recorded returns. However, there has been an ongoing debate about the treatment of crypto-assets, especially when it comes to the returns generated by holders of a particular asset. According to CoinMetrics’ recent report, cryptocurrencies are not just an incremental asset class innovation, but...Read More
In early 2009, a brand-new type of currency was introduced to the world that would change the way online payments are made. Bitcoin was launched as the very first cryptocurrency, a special type of digital currency that’s completely decentralized, meaning it’s not controlled by any government or financial institution. This currency uses cryptography to keep...Read More
In the latest issue of its weekly ‘State of the Network’ report, blockchain data analytics firm CoinMetrics explored market data over the past week and provided insights into Bitcoin and cryptocurrency market movements, as well as plausible explanations for the same. CoinMetrics used five cryptocurrencies in their sample set, of which all saw a 20%...Read More
From the very beginning, Airbitz famed itself from the market’s run-of-the-mill bitcoin wallet. An Airbitz wallet has been a popular choice for old pros and crypto newbies alike. It is a beginner-friendly bitcoin wallet that provides a comprehensive directory on bitcoin-accepting business nearby you, security features, and an easy-to-use interface. Airbitz bitcoin wallet allows you...Read More
Bitcoin has been around for more than a decade and its success has been measured on different levels over the years. Many attribute the reason for its success to be successful financials or its adoption, whereas others recognize its importance for its introduction of decentralized control over an individual’s money. During a recent segment of...Read More
Bitcoin’s ‘digital gold’ narrative has been crucial to the growth of the world’s largest digital asset over the years. In a recent interview with CNBC, Terry Duffy, CEO of the CME Group, discussed Bitcoin’s ‘digital gold’ narrative again, going on to claim that the digital asset’s position is strengthening, when compared to gold. When asked...Read More
The California-based digital asset management company, BitGo, now offers instant trading services to its institutional clients. The new feature comes as a result of BitGo’s partnership with a company providing unified digital asset trading infrastructure, SettleBit. BitGo Offers Trading From Its Cold Storage BitGo is a digital asset financial service company operating with institutional investors....Read More
Tesla is undoubtedly one of the most exciting and innovative companies to watch, especially in the past few months. Since October, its stock price has skyrocketed, surging upwards than 250%. However, technical indicators suggest that, currently, TSLA is more overbought than Bitcoin back in 2017’s cryptocurrency bubble. Tesla’s Impressive Performance Tesla is a well-known and...Read More
The recent price increases in various altcoins have made their mark on the community. According to two recent surveys, traders have allocated serious portions of their portfolio in cryptocurrencies other than Bitcoin. Majority Believes In Altcoins A popular cryptocurrency analyst conducted a Twitter poll where he asked the community members how much they are involved...Read More
2019 recorded a slew of developments in the derivatives market. The size and accessibility of crypto-derivatives have prompted this space to post some staggering figures. According to the latest edition of Binance Research for the month of January, the volume on Binance Futures recorded an increase of 85% month-on-month, with $56 billion traded across its...Read More
Bitcoin has been caught within a wild uptrend throughout 2020, rapidly rising from lows of $6,800 to highs of $9,600. This uptrend, although wild on a small scale, may ultimately prove to be minuscule when compared to the insane rally the cryptocurrency could see in the coming several months, as historical data suggests that BTC...Read More
While Bitcoin has recorded significant growth in valuation over the past month, the king coin’s ‘trading dominance’ has, however, fallen below 40% on Binance’s platform in January. Leading crypto-exchange platform, Binance recently published its January review and according to the post, the coin registered a trading dominance of 38.17% in the first month of the...Read More
The Hong Kong-founded popular cryptocurrency exchange, Bitfinex, has recently launched the newest version of its mobile app, which comes with Bitcoin deposits utilizing the Lightning Network. The update for the mobile app comes less than two months since the exchange added support for the Lightning network to its web platform. The Lightning Network Comes On...Read More
Bitcoin’s price noted a boost of just over 8% over the past week. This push caused the price of the world’s largest cryptocurrency to rise above its $9k resistance and it was valued at $9,336.77, at press time. Such growth was also noted among major cryptocurrencies, with Ethereum [ETH] surging by over 12%. According to...Read More
During a recent Q&A livestream on YouTube, cryptocurrency consultant Tone Vays spoke to researcher Willy Woo about the upcoming Bitcoin halving and whether the Stock-to-Flow (STF) model would be valid in the long-term. According to Vays, “it’s a little too early to assume anything about the price during the halving until we’re about a month...Read More
Minecraft | Source: AP/Jae C. Hong New Minecraft server sets players on a treasure hunt to find hidden Bitcoin. Each new life costs $1, and proceeds are pooled for the eventual winner. Dead Minecraft servers litter the history of cryptocurrency. Can SatoshiQuest withstand another sudden increase in BTC’s transaction fees? Bitcoin can now be earned...Read More
Over the years, breaching attacks in the cryptocurrency industry has made headlines. Even established platforms had their security compromised at the hands of malicious attackers. But with the rising trend of hacks and compromises, there has been substantial development towards curbing these activities too. Kraken’s recent revelation of a vulnerability in Trezor hardware wallets posed...Read More
As technology advances, risks associated with it also increase. In this age when personal data is collected by social media and various other platforms at every step, none of it really remains private. In a recent talk, Diogo Monica, co-founder and the President of crypto security company Anchorage, talked about the use of crypto in...Read More
Since it’s inception, the case of whether Bitcoin should be hodled or not has always been debated. Two main objectives cause contention, should Bitcoin be a store of value, akin to digital gold, or should it be used as a medium of exchange similar to using dollars to buy coffee. While this caused divisions, fervor,...Read More
The creation of a Bitcoin Emoji on Twitter today has increased the largest cryptocurrency’s social media awareness. The social media’s CEO, Jack Dorsey, and other influential community members are also sharing the “#Bitcoin” trend that has ultimately transcended the online space. Bitcoin Emoji Inspires Bitcoin Hashtag Earlier today, the popular social media platform, Twitter, introduced...Read More
Bitcoin closed January in bullish fashion, ending with a 30 percent-plus price increase. While this set a positive tone for what could be a big year to follow, with the halving less than 100 days away, the altcoins are not too far behind. According to the latest report by Arcane Research, the mid-cap cryptocurrencies i.e....Read More
Bitcoin is yet too volatile to threaten the existence of cash, and the latter will survive, states a new report conducted by Deutsche bank. Moreover, the report claims that digital assets will help with rebalancing the global economic power. Deutsche Bank had seen better years than in 2019. The German bank had to layoff 18,000...Read More
Bitcoin just gots its own emoji on Twitter! This was the top trending news today on crypto Twitter. Having been around for more than a decade, Bitcoin is, at last, being recognized (by institutions) and by Twitter. To use the Bitcoin emoji, just type the hashtag of Bitcoin(#Bitcoin), and the emoji just pops up. The...Read More
Bitcoin has been incurring steady upwards momentum since the start of 2020, which has in turn allowed most major altcoins to similarly post notable gains. It is important to note that although many altcoins have been able to post notable gains over the past several days and weeks, Bitcoin still has significant dominance over the...Read More
Bitcoin’s narrative has evolved over the years. A reason for this could be due to the increase of a plethora of innovative products. Take, for example, the futures, options, derivatives, etc, all of these in combination with institutional onboarding has caused Bitcoin to mature as an asset. According to Genesis Capital, a crypto lending firm,...Read More
One of the most awaited events in the cryptocurrency space, the Bitcoin Halving, is estimated to take place about 100 days from today. On this day, the reward that miners get from adding blocks to the network will be slashed in half: from 12.5 BTC per block, as of today and the recent four years,...Read More
Yet another battleground for Bitcoin and gold. In 2019, while the yellow metal saw a consistent rise, reaching a 6-year high, its luster, in the face of Bitcoin’s massive rise, on the fundamental and the technical side, was overshadowed. The markets paint a different picture of how the larger public looks at the cryptocurrency and...Read More
The legendary investor Warren Buffett and his firm Berkshire Hathaway knew about Google way ago. They had direct information early on about how lucrative its business would be but decided to pass on investing in the Internet search giant. Buffett says he’s really regretting that decision now. Google has become one of the very few...Read More
Research firm Gartner recently released a report that predicted that blockchain smart contracts would increase a company’s overall data quality by about 50% by 2023. Smart contracts simply put, are pieces of programming code that are invariably used on a blockchain. The Gartner report also predicted that the overall data asset availability would decrease by...Read More
Over the years the number of cryptocurrency wallets has been increasing; latest data from Blockchain.com revealed an exponential increase and by the last week of January 2020, the number of cryptocurrency wallet users increased to over 45 million. A sharp increase was noted in the second quarter of 2019 when the numbers shot above 40...Read More
