CRYPTO FAQ: HOW TO CREATE A CRYPTOCURRENCY
Creating a cryptocurrency is a good way to put a unique spin on how things are generally done. For example, Bitcoinis changing how money is transferred from one place to another, Ripple is focusing on banks and Stellar is aimed at the unbanked. Other platforms like Ethereum and EOS are providing different options to host applications. Cryptocurrencies tackle existing problems and are […]
Bitcoin and silver speculated to be better investments than gold in current market atmosphere
Bitcoin’s price movement has been considered as one of the main indicators for analyzing the behavior of the entire cryptocurrency market. Some analysis also showed that Bitcoin was outperforming its mainstream peers such as gold and other precious metals with silver being the only commodity standing out during the previous week. In the latest CNBC market analysis, […]
Could Donald Trump Ban Bitcoin?
Bitcoin yet again graced global headlines last week, after the President of the United States, Donald Trump, took to Twitter to declare himself “not a fan” of cryptocurrencies, “whose value is highly volatile and based on thin air.” The ensuing discussion largely celebrated the global attention and the fact that bitcoin is now important enough for one […]
WATCH: A FinTech Lawyer Breaks Down Libra’s Legality
Joel Telpner, Chair of Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, isn’t surprised that Facebook is getting a grilling on Capitol Hill. In fact, he’s pleased. “These are attacks on Facebook itself that really has nothing to do with crypto has nothing to with Libra it’s just Facebook being bad boys you […]
Billionaire Looks for “the Next-best Currency”, Gives Bitcoin Hope
Ray Dalio, American billionaire investor, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates, a global investment firm, published a report, where he criticizes the current fiat money system but does not mention Bitcoin. This made a number of people ask as to why that is. However, his earlier comments show that Dalio did not write off cryptocurrency completely. […]
STUDY FINDS BITCOIN’S MOST VOLATILE FROM MIDNIGHT TO 1 A.M. (UTC)
DOES THE EARLY BIRD GET THE WORM? A recently published report from Longhash found that Bitcoin’s most volatile trading hours occur between midnight and 1 a.m (UTC). The data analytics collective used Crypto Data Download to analyze Coinbase trading data from July 6, 2017, to July 2, 2019. The team observed hourly high and low prices for […]
Grin Network Executes First Hard Fork in Bid to Decentralize Mining Power
Privacy-oriented cryptocurrency Grin has just executed its first backward-incompatible upgrade, also called a hard fork. Today’s planned upgrade introduces key changes to the nearly $60-million network that will optimize for maximum miner decentralization and usability. Grin launched in January 2019. “It was planned since way before Grin launched,” Grin developer John Tromp told CoinDesk. “We would do four hard […]
Ripple’s David Schwartz Believes Uber & Amazon Should Adopt XRP For Payments
The chief technology officer at Ripple, David Schwartz recently sat down at the recent WeAreDevelopers conference which took place in Berlin where he said some of the globe’s biggest companies are able to benefit from the use of crypto and other digital assets. Schwartz went onto talk about Ripple’s work with the numerous financial institutions and banks which improve the […]
Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra
For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps the […]
Breaking: Bitcoin tumbles under $10,000 as U.S. Senate mulls Facebook’s Libra
Bitcoin is falling like dead weight in the air following the break under $10,000 support. As discussed earlier the price retreated from the region above $11,000. The increasing selling pressure has overwhelmed the diminishing buying pressure to the extent that BTC/USD is trading at new July lows. The bleeding is happening amid the ongoing US Senate hearing […]