You might have read recent news articles regarding the first US city to “ban” cryptocurrency mining. Does this mean the US is looking to scale back on cryptocurrency mining within its borders, and will mining continue to be concentrated in China? Did Plattsburgh, NY just ban cryptocurrency mining? Plattsburgh became very popular with cryptocurrency miners due to its … [Read more...] about Will Cryptocurrency Mining Continue to Expand in the US?
The plan of Venezuelan President, Nicholas Maduro, to issue an oil cryptocurrency (the Petro) was widely criticized by the opposition and the USA alike, but could an oil-backed cryptocurrency be a reality one day?Many believe that the future of finance lies in the world of cryptocurrency. However, even among this school of thought, there are varying opinions on how that … [Read more...] about Is There a Future for Oil Backed Cryptos?
Point and Figure (P&F) charts are a trading analysis tool that dates back to the 1900s. They are used as a means of viewing the actions of a market through a minimalist lens. For that reason, P&F charts are referred to as 'noise filtering' tools. Understanding these charts is a complicated process at first, mainly because they look so different from the standard charts … [Read more...] about Understanding Point and Figure Charts
The US Congress has released a joint report on the state of the economy with a chapter dedicated to cryptocurrency. What’s surprising is that the report is mainly positive when discussing the future of the technology.You don’t have to look far to read an article that paints a negative picture of the United States’ attitude towards cryptocurrency, (read anything said by Jay … [Read more...] about U.S. Congress: ‘Building a Secure Future One Blockchain at a Time’
Following the news that Google plans to impose a ban on all ICO and other crypto related advertisements, we ask what is next on the agenda and is this approach sensible or needlessly hardline. The Ban Google recently announced that they will ban all advertisements as part of their new restricted financial products policy. The ban will cover advertisements for initial coin … [Read more...] about Google’s ICO Ban: Is a Hardline Approach Necessary and What’s Next?
For the entire history of cryptocurrency, bitcoin has been the dominant coin almost entirely because it was the first fully functional cryptocurrency to go live and showcased the power of the blockchain. According to CoinMarketCap, Bitcoin has mostly had a 90% dominance over the market from 2013 to 2017. This means that for four years, 90% of the money within the cryptocurrency … [Read more...] about What Might Happen if Bitcoin Loses Its Dominance?
Already in 2018, cryptocurrency has faced three sharp dips: one on January 17th, one of February 16th, and one on March 13th. It is unlikely that we will ever know what exactly caused these dips, but we can speculate and examine a few possibilities. Here is a list of possible factors that contributed to March the 13th's dip in particular. Google banned ads about … [Read more...] about What Caused the Dip on March 13th? Some Theories
We’re not even a quarter of the way through the year, and 2018 has already been filled with massive developments in the crypto world. Amidst widespread calls for legislation, internet giants like Facebook and Google have begun prohibiting crypto-related advertisements. Now it seems that Twitter will impose similar changes to advertising policies.According to an unconfirmed … [Read more...] about Twitter to Follow Google and Facebook With Cryptocurrency Ad Ban
People within the world of cryptocurrency are getting increasingly frustrated with the fact that their exchanges are centralized. It is somewhat absurd that centralized exchanges like Binance, Kraken, and Coinbase are mainly being used to purchase decentralized coins. The act of centralization is not a bad thing in and of itself, but it does allow for the market to be exploited … [Read more...] about The Best Decentralized Exchanges You Can Use Right Now
When I initially checked out the whitepaper for DADI, I was impressed by the list of companies that were already using the platform. The list included:BT – privatized telecom giant in the UK Virgin Limited Edition – part of Sir Richard Branson’s Virgin Group Grazia – Women’s weekly magazine that goes back to 1938 Kerrang! – Rock music magazine first published in … [Read more...] about DADI ICO Could be Leaking Investors’ Data
Cypherium was created to counter some of the problems facing the original Bitcoin blockchain, primarily scalability. The intention is for it to use a hybrid consensus mechanism to speed up transaction processing with much lower fees than the earlier blockchains.At present, blockchain scalability is achieved with controversial forks to the original protocol. The hybrid … [Read more...] about What is Cypherium?
Finance Ministers and Central Bank Governors from the G20 group of nations met in Buenos Aries, Argentina, 19 -20 March 2018. G20 represents 85% of global economic output and 75% of international trade with their remit being to achieve global financial stability.The agenda, published in advance of the meeting, referred to crypto assets about financial stability, tax … [Read more...] about G20 Summit Rejects Calls to Regulate Cryptocurrencies
In a world where personal data has become a precious commodity sold behind closed doors by large corporations, the LOOMIA TILE gives individuals the right to own their personal data, along with the freedom to choose how to share or sell it. - loomia.com The Product LOOMIA is a Brooklyn-based startup that specializes in the manufacturing of smart fabrics. They use a … [Read more...] about What is LOOMIA?
The U.S. Securities and Exchange Commission tightens the noose on exchanges Bitcoin drops to half it’s all-time high Regulation-compliant companies push aheadIt was no surprise when the SEC announced on March 7, 2018, that they would begin imposing regulations on cryptocurrency exchanges. This announcement comes after months of criticism of cryptocurrencies from Jay … [Read more...] about What Cryptocurrency Exchange Regulations Mean for You
Occasionally cryptocurrency developers decide to produce a fork of a particular blockchain, allowing for another separate coin to form from the same blockchain. These forks are uncommon, but to ignore them as a trader would be negligible because a handful of them become incredibly lucrative investments. For instance, Bitcoin Cash (perhaps the most famous fork to date) … [Read more...] about How to Evaluate a Fork
In a document published on Tuesday, Google announced that it would be making changes to its financial products policy. These changes include a ban on advertisements for cryptocurrency and related content, ‘Including but not limited to initial coin offerings, cryptocurrency wallets, and cryptocurrency trading advice.’ Google isn’t the first big name to take similar action The … [Read more...] about Google Bans Ads For ICOs And Other Crypto Related Services
FinCEN the bureau of the US Treasury that collects and analyses data to combat illicit transactions wants to introduce legislation that would fundamentally change the shape of the ICO market.Companies are increasingly looking to ICOs as a way to get off the ground, but the lack of a transparent and standardized system of regulation is making it difficult to ensure that this … [Read more...] about FinCEN Want To Treat ICOs As Money Transmitters
In 2017, we saw cryptocurrency reach new heights. Prices soared, and many coins even got mainstream media coverage. In 2018, it is likely that this success will continue (even if the markets don't look great right now). But the question is 'which coins will succeed the most this year?' Of course, such a question cannot be answered accurately, but some healthy predictions can be … [Read more...] about Which Coins Might See the Largest Gains of 2018?
Prasos Oy, a major crypto service provider has lost most of its banking partners in what could be a major blow to the wider crypto-market.Prasos Oy claims to believe in the future of the technology, but they have suffered a huge setback having lost the backing of the majority of their banking partners. Prasos provide a variety of crypto-related services through their app … [Read more...] about Prasos Oy: 4/5 Banks Block Transactions For Finnish Crypto-Service Provider
A few days ago when I decided to write this article about the prospects for Bitcoin and Ethereum for the remainder of 2018, they had both enjoyed a month-long bull run. BTC had almost doubled from $6,000 to $11500, and ETH had gained more than 35% from $630 to $860.Within a couple of days that all changed and the bears took over. Prices fell sharply, primarily due to the … [Read more...] about Will Bitcoin and Ethereum Reach All Time Highs in 2018?