Cardano (ADA) is currently the worst hit of the top ten cryptocurrencies by market cap, down a whopping 14 percent in the past 24 hours.Over the past month, it has moved down from 8th position on CoinMarketCap to 10th position, being overtaken by stablecoin Tether (USDT) and privacy coin Monero (XMR). With only a few million dollars in value between them, it is also … [Read more...] about Cardano (ADA) Worst Hit by Crypto Sell-off Despite Strong Future Plans
A recent article on Tesla resource website Evannex provides an insight into the same kind of market manipulation that the cryptocurrency industry is likely facing at present.Author Charles Morris details the consistent success that Tesla's electronic vehicles have had in the automotive industry and yet all the while the company consistently suffers at the hands of negative … [Read more...] about Tesla Article Echoes of Possible Crypto Market Manipulation
The cryptocurrency and blockchain sector is currently at a turning point, with some upcoming developments that present a potential for disruption in the near future.After months of declining value, many predict the cryptocurrency market value has reached 'the bottom,' and will soon begin a new bull run into 2019. However, the industry is faced with a few hurdles along the … [Read more...] about Crypto 2019: Issues with Potential for Disruption
Investors tired of waiting for a decision by the U.S. Securities Exchange Commission (SEC) on an upcoming bitcoin exchange-traded fund (ETF) now have an alternative - a bitcoin ETN.As reported by Bloomberg, Swedish company XBT Provider, a subsidiary of UK-based company Global Advisors Limited, has created an exchange-traded note (ETN) called 'Bitcoin Tracker One' that can be … [Read more...] about Forget the ETF, Trade BTC/USD Now With a Bitcoin ETN
Ahead of the impending Bitmain IPO, it would appear the cryptocurrency mining giant is holding a massive, illiquid stock of bitcoin cash (BCH).Following up on a post back in March this year, a medium user has updated details from an investigation into risks related to the upcoming Bitmain IPO. Specifically, as predicted back in March, Bitmain could suffer huge losses as a … [Read more...] about Is the Bitmain IPO the Biggest Exit Scam Crypto Will Ever See?
Bitcoin Core developer Cory Fields recently published an article on Medium describing his experience after discovering a critical Bitcoin Cash bug.As a developer at MIT for the main Bitcoin (BTC) network, Fields had no specific obligation to report the Bitcoin Cash bug. Unlike new crypto projects trying to prove their worth, Bitcoin Cash doesn't offer a 'bug bounty' reward … [Read more...] about Bitcoin Cash Bug: Dev Reveals Need for Anonymity in a Billion Dollar Industry
I'm sure everybody is as sick of hearing about bitcoin ETF dates as I am and the U.S. Securities and Exchange Commission (SEC) is not helping by consistently rejecting or delaying approval.However, that is not necessarily a bad thing and I'll get to why in a minute but first let's look at a timeline of ETF dates regarding two significant bitcoin exchange-traded fund (ETF) … [Read more...] about Bitcoin ETF Dates and Why They Don’t Really Matter
On July 29 the bitcoin hashrate briefly crossed the notable milestone of 50 quintillion hashes before surging past it again on August 6.It has since dropped again to just below 39 quintillion hashes, but no doubt will soon be maintaining a permanent position above 50 quintillions.The last two months have seen increasingly large spikes and dips of hashing power, but … [Read more...] about Bitcoin Hashrate Surges Past 50 Quintillion Milestone
Before screaming "FUD", let's all try and be glass-half-full people and read the second half of the headline - "significant bitcoin recovery." While an eventual upturn is imminent, short-term expectations should be managed accordingly (i.e. HODL!).Forget about ETF's, regulation and institutional adoption - the biggest thing affecting market prices during a downturn is … [Read more...] about Potentially Large Losses Ahead Before Significant Bitcoin Recovery?
SEC Commissioner Hester Peirce has once again made her views on a bitcoin ETF very clear in an interview with CNBC's Ran Neuner. In the interview, Peirce states that there is "no reason to not allow" a bitcoin ETF approval. Reasons for rejection The statement echoes Peirce's public but respectful dissent last week regarding the SEC's second rejection of the Winklevoss bitcoin … [Read more...] about Bitcoin ETF Approval: SEC Commissioner Sees No Reason for Rejection
Global bitcoin adoption is stifled by a few minor issues that hopefully we could soon see overcome.Recently, an image has been circulating that has been recreated from an old meme depicting bitcoin has a payment solution that circumnavigates third-party fiat currency institutions. The idea behind the original meme is that if everyone used bitcoin, we would have no need for … [Read more...] about Global Bitcoin Adoption and the Problems Preventing It
Tron founder Justin Sun has announced on Twitter that Tron's native currency TRX will be listed on the multi-OS, decentralized wallet and exchange service Atomic Wallet.Atomic Wallet is one of few wallets available on various versions of Linux including Ubuntu and Debian, as well as the usual Windows and OSX versions. Atomic Wallet Featuring over 300 cryptocurrencies and … [Read more...] about Atomic Wallet adds Tron (TRX) to its Platform
Jon Montroll, the founder of cryptocurrency platforms WeExchange and BitFunder, has pleaded guilty to securities fraud and obstruction of justice.Montroll, who also uses the moniker Ukyo, was accused of deceiving investors and lying to the U.S. Securities and Exchange Commission (SEC) when they were investigating his operations in Australia from 2013 to 2015.Both … [Read more...] about Securities Fraud: WeExchange Founder Pleads Guilty
Hitachi announced yesterday the launch of a new system that utilizes blockchain technology to make fingerprint payments.Working in collaboration with Japanese telecommunications company KDDI, Hitachi has integrated a Hyperledger Fabric blockchain platform into its biometric verification hardware that links to a KDDI payment platform.The KDDI Corporation was formed in … [Read more...] about Fingerprint Payments Using Blockchain Tested by Hitachi
Crisis and support organizations are using the technology provided by blockchain in Africa to support refugees who have been displaced.Ongoing conflict and persecution in African nations have resulted in 25 million refugees who have been forced to flee their homes and country. A further 43 million are believed to have been made homeless within their own countries as a … [Read more...] about Blockchain in Africa: Changing Lives of Refugees
Just when you thought the cryptocurrency world couldn't get more bizarre, somebody discovers a Russian shipwreck full of treasure chests packed with gold to the value of USD 130 billion.What has this got to do with cryptocurrency, you ask? Well, not content with simply keeping the gold for themselves, the looters have apparently decided to set up an ICO and cryptocurrency … [Read more...] about Pirates of the Cryptosphere: The Mystery of the Shinil Gold Coin
Since its launch last month we have been keeping an eye on the bitcoin ETF request for comment that the SEC has been running on its website.The request for comment came as a result of the Chicago Board Operations Exchange (Cboe) filing a proposal for a rule of change to list bitcoin (BTC) shares issued by the VanEckSolidX Bitcoin Trust.New York-based VanEck and … [Read more...] about Bitcoin ETF Request for Comment: 97% Positive
Is the next big bitcoin rally on the horizon or is everyone just getting over-excited?Almost every top trending headline in the cryptocurrency sphere lately is positive about bitcoin, and even the most conservative of analysts see a big price hike in the near future. A few aren't just looking at next year or next month - some technical analysts are eyeing USD 10,000 in the … [Read more...] about The Next Big Bitcoin Rally or Hopeful Speculation?
Have the slow transaction times, ongoing thefts or high fees associated with most cryptocurrency exchanges ever made you wish you could create your own exchange? Well, today is your lucky day.Crypto exchange giant Huobi has announced the launch of Huobi Cloud - a new service that will facilitate the creation of a cryptocurrency exchange platform using the current Huobi … [Read more...] about Create Your Own Exchange with Huobi Cloud
The House Financial Services Committee gathered yesterday to debate the future of cryptocurrency in the U.S.Speaking at the meeting, chairman of the Federal Reserve Jerome Powell, said cryptocurrencies aren't big enough to pose any risk to financial stability at this time.Despite a market capitalization of USD 287 billion, he believes that cryptocurrencies hold no value … [Read more...] about Future of Cryptocurrency in the U.S: Committee Debates