January 20, 2020

Cardano’s Hoskinson claims model for smart contracts is broken

In a recent interview, CEO of IOHK and Cardano founder, Charles Hoskinson, spoke about proof-of-stake systems, Ethereum smart contracts, and IOHK‘s goals for 2020. According to Hoskinson, there is a large group of people in the cryptocurrency space who either believe PoS is a Ponzi scheme or that Cardano’s particular flavor of it is flawed....
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Ethereum (ETH) On the Verge of a Massive Upswing as Altcoins Begin Rallying

After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the...
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Tezos Price Analysis: XTZ Surging 8%, But Bearish Head and Shoulders Pattern Could End The Party?

Tezos is resurging as the bearish head-and-pattern may invalidate. Tezos is following the same bullish pattern against Bitcoin and the US Dollar. XTZ is now relying on immediate support to face bullish in the long-term. XTZ/USD: Bullish Pattern Still Shaky as XTZ Forms Inverse H&S Pattern Key Support Levels: $1.24, $1.08 Key Resistance Levels: $1.55,...
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Ethereum not very interoperable with legacy systems: Cardano’s Hoskinson

“The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data,” said Charles Hoskinson, CEO of IOHK and Founder of Cardano, in a recent interview. During the same, Hoskinson spoke at length about Bitcoin, blockchain security, Ethereum, and about creating a global social operating system. According to Hoskinson,...
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UK’s Tax Authority To Leverage Blockchain To Track Bitcoin Transactions

UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool.  According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”...
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Ripple Price Analysis: XRP Finds Support At $0.23 But Slips Against Bitcoin

Despite moving in the opposite direction, Ripple’s XRP maintains channel pattern across its trading pairs. XRP is bullish against the US Dollar but waiting to make or break the channel. Against Bitcoin, XRP is losing momentum as the 2512SAT level is under bearish threat. XRP/USD: XRP Finds Slight Support At $0.23, Can This Level Hold?...
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Ethereum’s DeFi space marks another milestone as TVL registers new ATH

Ethereum, the world’s leading smart contracts platform, is well-noted for being the main hub of decentralized finance. The DeFi space that gained massive momentum in the crypto-verse last year continues to record new milestones with each passing day. Notably, the DeFi market has also witnessed a surge, alongside the entire crypto-market. According to DeFi Pulse,...
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Scaling Bitcoin: Over 56% Of BTC Transactions In 2020 Use SegWit

Despite many criticisms against Segregated Witness (Segwit) since its implementation in 2017, the Bitcoin scaling solution continues to see an increased number of bitcoin transactions over the years.  Segwit Sees Serious Increases Data from Segwit.space, a platform that monitors the adoption of Segwit, revealed that it had achieved a new landmark as the transaction volume...
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Storing Crypto on a Centralized Exchange Is Safer for Most, Says Binance CEO

Binance CEO Changpeng Zhao advocated for storing your crypto on a centralized exchange after Peter Schiff lost access to his bitcoin holdings. | Credit: Reuters/Darrin Zammit Lupi Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but...
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Bitcoin SV (BSV) Skyrockets 20% While The Green’s Back Into The Market: Crypto Monday’s Watch

The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307. BSV has been on a rollercoaster throughout the past seven days. On January 15th, it...
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Dogecoin Price Prediction and Analysis in January 2020

Today, we will be inspecting some of the past price trends of DOGE and other market factors in order to project a Dogecoin price prediction for January 2020. Dogecoin Overview Dogecoin (DOGE) is a Litecoin fork that has been around for 7 years now in the crypto space. DOGE got the nickname of meme-coin, because...
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Tokenization of Sports: A Short Sell or a Future Trend?

It doesn’t come as a surprise that “don’t spend like a baller” is associated with lavish spending and basketball. With so much money coming in so quickly at such a young age, athletes are overwhelmed and end up spending it on cars, shoes, parties, and even a shark tank. But, it looks like one man...
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Binance Adds Fiat-to-Cryptocurrency P2P Trading For The Vietnamese Dong (VND)

Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND). Binance Adds P2P VND Trading Binance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually...
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BitTorrent Price Prediction: Will BTT Price Rise & Shine in 2020?

It is during February 2019, Justin Sun came up with a “fresh” coin into the market. The cryptocurrency Bittorrent made a great entry among the users. The ones who could manage to buy it in the initial days of the sale got more wealthy. The curious thing now is to know what will happen to...
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Electrum Bitcoin Wallet Review

Electrum Bitcoin Wallet Review QUICK NAVIGATION : We all know that the basic need for the crypto wallet is to exchange the crypto money and utilize them for payments. well, I have been investing in cryptocurrencies from past 4 years and every week there are announcements of new crypto wallet in the market. After proper...
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Bitcoin Made Early Investors Stinking Rich but It’s No Mastercard Killer

Bitcoin has seen eye-popping returns over the years but it has largely failed as a transactional currency. | Source: Shutterstock.com Charlie Bilello highlights the performance of Mastercard and Visa in an attempt to shoot down bitcoin. In terms of returns, bitcoin has dramatically outperformed the two financial companies. When it comes to transaction volume, Visa...
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Fake ‘Ripple Insights’ page used by scammers for phishing racket

If something seems too good to be true, it probably is. The gullibility of some when it comes to money has cost them a lot of funds and the crypto-space is no different. Fake giveaways and airdrops seem like an everyday affair now. In what is a recent development, Ripple-backed web monetization platform Coil has...
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South Korea To Impose 20% Tax On Cryptocurrency Trading

South Korea might be changing its stance regarding taxing cryptocurrency trading profits. Just weeks after the government said that they wouldn’t tax any profits made from digital assets, a new report indicates otherwise. The country could purportedly classify crypto gains in the same category as lottery winnings and thus tax them with 20%. South Korea...
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Cardano’s EMURGO establishes ‘strategic blockchain taskforce’ with Uzbekistan’s NAPM

Cardano blockchain’s official commercialization arm, EMURGO, has announced the establishment of a “strategic blockchain taskforce” with the Uzbekistan government’s National Agency of Project Management [NAPM], the KOBEA group, and Infinity Blockchain Holdings. EMURGO’s official blog post also revealed that the firm will lead the development of a legal framework for security token offerings [STO] and security...
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Bitcoin Code Review – An Automated Trading Software

Trading in bitcoin and other cryptocurrencies just got easier, thanks to the Bitcoin code software, which has designed a fully automated trading platform with high tech artificial intelligence. Unlike other cryptocurrency trading software, the Bitcoin Code trading bot has a unique design that assists crypto investors to make over $500 daily after carrying out trading....
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Bitcoin’s blockchain activity spikes; value transfers, miner fee note growth

Bitcoin’s value plunged by nearly 5% over an hour on 19 January and at press time, was valued at $8,650. While this is the second time the king coin’s price plummeted after crossing the $9,000-mark this year, it is still going strong in terms of on-chain network activity and usage. Reportedly, Bitcoin’s blockchain activity continued...
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Gold Bug Claims Bitcoin Has No Market Value Because He Forgot His Wallet’s Password

Prominent gold bug Peter Schiff hasn’t been one to hide his opinions on Bitcoin and digital assets in general, frequently railing against them in tweets to his nearly 200k followers. Today, however, his critiques of Bitcoin took a more personal turn when he slammed the cryptocurrency for not having any market value after he was...
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Bitcoin (BTC) $ 70,357.85 1.36%
Ethereum (ETH) $ 3,550.35 1.41%
Tether (USDT) $ 1.00 0.18%
BNB (BNB) $ 618.74 5.25%
Solana (SOL) $ 187.86 0.23%
XRP (XRP) $ 0.637794 2.34%
Lido Staked Ether (STETH) $ 3,541.19 1.28%
USDC (USDC) $ 0.999562 0.22%
Dogecoin (DOGE) $ 0.217585 1.15%
Cardano (ADA) $ 0.66432 1.52%