Bitcoin began its 2020 journey with a 3.16% pump that pushed its price from $7,233.87 to $7,495, with its market cap at $132.62 billion. With Bitcoin’s halving scheduled for May 2020, there have been many predicting that Bitcoin will avenge its fall as the price rallies. However, irrespective of whether the BTC halving is priced-in...Read More
Bitcoin, the world’s largest cryptocurrency, has always set a precedent for all the other cryptocurrencies in the market. The king coin recently celebrated its 11-year anniversary, marking a successful eleven years of existence. Over the past decade, the cryptocurrency has recorded several milestones in terms of price, adoption, and technical advancements. The cryptocurrency grabbed the...Read More
From taking over the entire market at the beginning of 2019 with its Lightning Torch to amassing support from various exchanges and wallets, Bitcoin‘s Lightning Network stood out in the market this last year. The latest platform to announce support for the second-layer payment protocol was River Financial, a financial firm based in San Fransico....Read More
John McAfee has always been the clown of crypto. His latest tweet about Bitcoin just proves it. | Source: John McAfee/YouTube John McAfee disowned his infamous $1 million Bitcoin price prediction. But past history suggests his latest remark is just an attempt to gain attention. McAfee is also wrong that Bitcoin is “ancient” technology. John...Read More
Bitcoin’s Lightning Network and Liquid Network have been making headlines for quite a while now. The latter being a sidechain-based settlement network and the former being a second-layer payment protocol, both have grabbed the attention of several exchanges in the cryptocurrency market. Both subjects were recently touched upon by Paolo Ardoino, CTO of Bitfinex and...Read More
The never-ending war between bitcoin and bitcoin cash has a major venue in Reddit. | Image: shutterstock.com Microtask workers were employed to pump the visibility of a post made to the r/btc subreddit, screenshots reveal. Propaganda battle continues between two deeply oppositional groups in the cryptocurrency space. Bitcoin’s scaling debate continues to make itself felt....Read More
Predictions forecasting future stance of bitcoin and crypto markets always make headlines. But what do the facts and data say? Blockchain analytics firm IntoTheBlock has come out with interesting insights which throw light on the current state of the BTC and digital asset markets. These also can be used to draw thoughtful conclusions about the...Read More
Since 10 December, Bitcoin had been struggling to make gains, mostly moving between $7100 and $7500 and dipping as low as $6400 in the middle. Bitcoiners rejoiced today after the original cryptocurrency managed to break above the $7500 mark, possibly signaling a movement to greener pastures. Bitcoin 1-day chart Source: BTC/USD on TradingView The daily...Read More
International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis. Protesters Damage HSBC ATMs, Leading to Restrictive Measures Hong Kong, shaken by a series of protests, has seen...Read More
Some of Crypto Twitter’s most widely-followed analysts believe bitcoin’s price has already bottomed. | Image: shutterstock.com Bitcoin corrected by over 50% from the 2019 high of $13,880. With the retracement in the last six months, some analysts believe that the bottom is in. The number one crypto is flashing accumulation signals convincing popular traders that...Read More
Apple’s new family of iPhone models has got everybody talking, with a launch date for the new iPhone 12 Pro expected in September, this year. Review site PocketLint expects multiple new features for the family of phones. Will this be the year that Apple steps into the crypto phone space to rival leading competitor, Samsung? ...Read More
There has been a lot of deliberation about publicly traded Bitcoin exchange-traded funds [ETF] recently. So far, this investment fund has not received positive feedback from the United States’ Securities & Exchange Commission [SEC], which is why the ETF remains an uncertainty for the future. In fact, the Winklevoss twins’ Bitcoin ETF proposal was one...Read More
Well, that didn’t take long. The ‘Pro Bitcoin’ Nakamoto initiative has already whipped up a Crypto Tweetstorm and had its Telegram channel shut down in just three days. The Nakamoto Initiative Disheartened by the lack of discussion about the “philosophical principles that motivated Satoshi Nakamoto, or the society that he wanted to build” a group...Read More
What makes Bitcoin, “BITCOIN?” From eye-catching rallies to deep dives, from the infamous Silk Road debacle to mainstream recognition, Bitcoin has been through it all. In fact, what’s attractive about the cryptocurrency and the market it represents is that the price pulls do not always happen as predicted. It is this inherently volatile nature that...Read More
John McAfee won’t be eating his d**k and you’re stupid for believing him in the first place, says John McAfee. | Source: REUTERS/Alexandre Meneghini/File Photo Political hopeful John McAfee poo-poos penis party promise. Says his ruse onboarded more users to the cryptocurrency space. Claims to have sired over 100 children. John McAfee reneged on his...Read More
Bitcoin’s performance since the start of 2020 has been positive. With the first week almost coming to an end, the price of the world’s largest crypto-asset is hovering near $7,500. In other news, Bitcoin’s Futures market saw an important development over the last week – BitMEX, the long-standing king in the Bitcoin perpetual and Futures...Read More
Since the massive bitcoin and crypto surge in late 2017 and resultant crash in 2018 everyone has been waiting for a return to those giddy heights. In reality, it may just take a little longer as it did after the dotcom bubble burst. Bitcoin’s Slow Build Looking at previous years may give us an indication...Read More
Bitcoin (BTC) probably doesn’t need much introduction after going mainstream and highly visible in 2017. But adoption is still in its very early stages, and more thought leaders, celebrities and businessmen are getting on board. Internet Money, Finance Disruptor: How Celebrities See Bitcoin The idea of a borderless Internet currency seems to appeal to some...Read More
According to a report, Qatar’s financial watchdog, the Qatar Financial Centre [QFC] Regulatory Authority, has prohibited trading in cryptocurrencies, adding that the ban has been imposed on “anything of value that acts as a substitute for currency, that can be digitally traded or transferred and can be used for payment or investment purposes.” The aforementioned...Read More
Bitcoin‘s huge energy costs have been worrying many in the crypto-community, especially in light of the fact that many outside the community have directed hate against the industry with headlines like “Bitcoin is an environmental disaster,” “Bitcoin is killing the planet,” and “Bitcoin mining on track to consume all the world’s energy by 2020.” However,...Read More
One of the main events lined up for Bitcoin this year is the block reward halving which is set to occur in the month of May. Keeping this in mind, several influencers and traders have opined on whether or not there would be an upward push in Bitcoin’s price. Andreas Antonopoulos, author of Mastering Bitcoin, also...Read More
Michael Arrington, partner at Arrington XRP Capital, made waves in the cryptocurrency community after he penned an article titled, “It Will Take Years for Smart People to Understand Cryptocurrencies.” Comparing the current state of Bitcoin and cryptocurrencies to the early days of the Internet, Arrington addressed how fiat money facilitates war and is used by...Read More
The controversy surrounding the rationality behind naming a publication ‘Nakamoto’ has taken over crypto-Twitter lately. Nakamoto.com was launched recently in a bid to create “a venue for quality technical, philosophical, and cultural writing,” writing that would cater to the “general interest of the crypto-community” as a whole. The official website states, “Over time we want...Read More
Crypto is entering its second decade, after 10 years of highly dynamic development. Brian Armstrong, CEO, and co-founder of Coinbase revealed his expectations for the coming decade. User Base to Expand to 1 Billion for One Scalable Blockchain Predicting what comes for crypto assets will also in a way outline and affect their future, commented...Read More
3rd January 2020 marked Bitcoin’s 11th year of existence, the day when Satoshi Nakamoto laid the genesis block. On the occasion of the world’s first cryptocurrency’s birthday, ex-CTO of Coinbase and General Partner at Andreessen Horowitz, Balaji Srinivasan, penned down a post titled, “Bitcoin becomes the Flag of Technology”. An excerpt from Srinivasan’s post read,...Read More
American entrepreneur and controversial crypto figure John McAfee, who boldly predicted that Bitcoin would be valued at $1 million by the end of 2020, has openly lashed out on the leading cryptocurrency, referring to it as an ancient technology due to several limitations. This comes as a blow, considering that he was one of the...Read More
Yet another crisis has rocked the Middle East, with the United States of America, unsurprisingly, in the mix. On 3 January, Qasem Soleimani, the military leader of Iran’s Quds Force was taken out by a U.S-led strike. However, while the frosty relations between the two countries turned sour, the markets turned sweet. No sooner did...Read More
While most of the world countries and entities are making slight attempts to enlarge their cryptocurrency adoption, Venezuela might be way ahead. Judging by the past year, the dictatorship country has been quite favorable towards Bitcoin and other digital assets, with increased trading volume, and its own cryptocurrency to be used in oil trades. Most...Read More
Privacy coins have grown to be immensely popular recently, with many in the crypto-community now realizing the value of coins such as Monero and Zcash. Riccardo Spagni, former lead maintainer at Monero, has been one of the foremost proponents of privacy coins. Spagni made waves after he appeared on a recent podcast and claimed that Monero...Read More
Pantera Capital partner Paul Veradittakit, a man known for his contributions in venture capital and hedge fund investments, is the latest crypto-personality to discuss his insight into key crypto-concepts, while also proposing his projections for 2020. Talking a bit about market fluctuations, regulatory battles, financial scandals, Senate hearings, and many more controversies that rocked the...Read More
