Though institutional investment has not yet taken off, Wall Street is setting up a crypto trading infrastructure and introducing their own vernacular. Two terms, ‘rehypothecation’ and ‘co-mingling’ are being introduced, with the inevitable result of bitcoin price suppression and bubble creation. Crypto trading - complex terms for simple ideas. The ideas are actually very … [Read more...] about ‘Rehypothecation’ and ‘Co-Mingling’ – Will Wall Street Do to Crypto Trading What It Did to Legacy Fiat?
Despite cryptocurrency price declines, Bitcoin, Ethereum, and many other cryptos are powering ahead in terms of adoption and use cases. Examples of this include the increase of the Bitcoin Lightning Network and Ethereum’s new consensus algorithm to stave off attacks. Additionally, Bitcoin and Ethereum are not the only coins making advances in a sphere that is exploding with … [Read more...] about Ethereum and Bitcoin Power Ahead Despite Cryptocurrency Price Declines
It is unlikely that the first generation of cryptos was designed to take on a platform like Visa. Now people are looking at ways to make blockchain platforms like Bitcoin and Ethereum do a job that would make them direct competitors to established financial interests. Hubii has created the Striim platform to do just that.After recognizing the need for an intermediary between … [Read more...] about Hubii Works to Address Blockchain Scalability
There are currently two obstacles in the way of the inevitable proliferation of DLT. The first is mining centralization, and some cryptocurrencies are at work solving this issue, through various means and methods. The other problem is centralized exchanges, which can potentially be resolved with decentralized exchanges and atomic swaps. The problems with centralized … [Read more...] about Atomic Swaps – The Solution to the Exchange Problem
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
Crypto Disrupt reported the news earlier that has seen the VanEck SolidX Bitcoin ETF decision delayed until next month, and predictably the price of Bitcoin took something of a hammering.A drop of somewhere in the region of $500 in a matter of six hours or so would appear, on the surface, to be cause for concern.The decision to delay was expected If you scratch a … [Read more...] about Bitcoin Sees a Drop in Price After SEC ETF Decision Delayed, but Those With Long-Term Ambition Shouldn’t Be Alarmed
There is a strong argument that the financial war has already been won, and as more people embrace digital currencies, the fiat industrial complex will unravel further. It is only a matter of time with the wheels already set in motion. But as pivotal as the financial fulcrum may be, there is a more pressing battle to take place over the next decade. It is the battle for user … [Read more...] about Blockchain and the Battle for User Data
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?
One major issue with the blockchain mining industry has always been the energy consumption that comes along with it.We’ve recently seen a lot of the mining operations head to China, where a low cost of electricity certainly appeals to those mining companies who want to keep energy costs to a minimum and keep profits as high as possible.The problem is, this approach from … [Read more...] about Alternative Energy Sources and the Blockchain Mining Industry
Pre 2018, bitcoin to become the first world currency would have been a hard sell. Nobody trusted bitcoin, it was a fad, there was little infrastructure, institutions would not touch it, and it would never be accepted by mainstream society.But since the start of 2018, adoption has exploded, on all fronts. The December 2017 price decline was possibly one of the best things … [Read more...] about Bitcoin is Going to Become the First World Currency
Investment bank Goldman Sachs sees crypto prices as unsustainable. According to a recent market outlook that Goldman Sachs released, a “crypto mania” could put their expectations for 2018 at risk. Goldman Sachs' crypto mania is one of six factors they see as potentially catastrophic and ranks alongside things like terrorism and rising geopolitical tensions.Goldman Sachs' … [Read more...] about Goldman Sachs Cites “Crypto Mania” as Global Risk
Social trading occurs when social networks are formed on the basis of trading positions. In this way, inexperienced investors can leverage the advice of seasoned market participants. It has a huge application to cryptocurrency, given how many novice investors are in the market, and the amounts of money investors have lost in ICOs. Crypto trading groups are now being formed that … [Read more...] about The Rise of Social Crypto Trading Groups
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
One of the biggest problems with trusting a third party is the abuse of trust. Bank of America has been doing terrible things to long-standing customers. A recent report from CBS Sacramento details how Bank of America has been seizing the contents from safety deposit boxes and denying any wrongdoing whatsoever.For a 40 year Bank of America employee who had trusted her … [Read more...] about Bank of America Robs Customers, Denies Knowledge of Events
News of the Winklevoss bitcoin ETF rejection by the US Securities and Exchange Commission (SEC) this week has been seen as a blow to bitcoins recent bull run.The numbers would seem to back that up, with a bitcoin price drop of almost four percent immediately following the ruling, taking the cryptocurrency under the $8,000 threshold once again. Statement of … [Read more...] about SEC Commissioners Dissent Could Be a Major Positive to Come From Winklevoss Bitcoin ETF Rejection
In another attempt to save a bankrupt Venezuelan economy, a petro-backed national currency is to be launched next month. The petro is itself an oil-backed cryptocurrency, and the new currency is to launch on August 20th. The petro was launched in February 2018. Oil to Petro to Fiat According to a local news outlet, President Nicolas Maduro has claimed that a new petro-backed … [Read more...] about Venezuela Launching Petro-Backed National Currency
There is a bias from people in the existing financial community that makes it look like some people hate cryptos. There have also been some converts. Jamie Dimon and Lloyd Blankfein were both known to hate cryptos, only to change their tune over the course of this year.It seems like for every Jamie Dimon, there is someone like Charlie Munger or Warren Buffet. Their words on … [Read more...] about The Real Reason Why Some People Hate Cryptos
At this stage, it is relatively safe to say that bitcoin is on track to replace legacy fiat. It has been in operation for nearly ten years, and despite a coordinated attacked on many levels by established interests, it is now too ubiquitous to fail.But what we are most likely seeing is the calm before the storm. Central banks do not just “go away” when superior technology … [Read more...] about Attack on Bitcoin Phase 2 – Regulate and Confiscate
Blockchain technology is disrupting a vast number of different sectors across the globe, but there hasn’t really been any one industry that looks as though it could cause the breakthrough to widespread acceptance and use. Until blockchain phones arrived on the scene. The blockchain technology revolution The communications sector is looking as though it’s next up for the … [Read more...] about Blockchain Phones – the Future of the cell phone Industry?
Though nothing official has been confirmed, Fortnite on the Blockchain could be a reality quite soon. This is based on the fact that Epic Games, the creator of Fortnite, has signed a partnership with blockchain company MagnaChain. Fortnite would be an ideal candidate for blockchain integration. What is Fortnite? Fortnite is one of the most popular video games featuring … [Read more...] about Fortnite on the Blockchain?