Cryptocurrencies aren’t just a niche investment category anymore. In the latter half of 2019, digital assets have managed to sit beside stocks, bonds, commodities, and other investment instruments as an important part of a holistic investment portfolio. Interestingly, digital assets are coming out on top. A resurgent awareness of cryptocurrencies has pushed their prices back...Read More
Crypto advocates have long asserted that anonymity is one of the most promising elements of distributed ledger technology. This issue is becoming far more significant as governments and regulators are now beginning to give serious examination to the blockchain space. What some see as one of the greatest strengths of cryptocurrency others consider both a...Read More
A lot of cryptocurrency and blockchain projects try to remain relevant. EOS has been an interesting case in this regard. It receives a lot of flack for allegedly being too decentralized. Recent statistics show there are plenty of block producers to go around. The following entities have all produced the most blocks on this network...Read More
Grudges can go a long way in the cryptocurrency world. This is particularly apparent where altcoins are concerned. In the case of ZCash, a new tool has been released. It is allegedly capable of performing a DoS attack against this network. Although the code is not publicly available, it won’t take long until someone decides...Read More
By CCN Markets: A shellshocked stock market is bracing for impact on Monday as the White House and Beijing exchange rhetoric for actions amid a rapidly-escalating trade war. Dow futures point to a vicious decline when the opening bell rings tomorrow morning. Dow Futures Plummet 350 Points Futures tracking all of the US stock market’s...Read More
Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO’s openness to the technology.Now that the company’s previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a multitude...Read More
<div innerhtml=" With the equity markets roiling of late, Bitcoin’s been surprisingly quiet. But the cryptocurrency looks ripe for a breakout soon – one that could vault it toward the all-time highs – or sending it tumbling down to long-term support. Since late June, Bitcoin’s meandered between the recent peak around $13,850 and recent low around $9,150...Read More
Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These...Read More
Bitcoin’s raison d’etre has often been questioned as some consider it a peer-to-peer currency while others look at it as a store of value. The list did not end there as the community now debates if Bitcoin is currently a “safe haven” or a hedge. Bitcoin’s role as a hedge against the potential financial crisis...Read More
Thai financial watchdog, the Securities and Exchange Commission (SEC), recently warned the public about a new form of investing scam, in which a bogus entity, masquerading as a regulated legal digital currency trading firm solicits traders into investing with it. This, according to a report by the Bangkok Post, August 25, 2019. Crypto Criminals As...Read More
The U.S. Treasury Department is stepping up its focus on illegal cryptocurrency-related activities. Recently, Treasury announced that its financial intelligence and enforcement agencies are collecting and analyzing Bitcoin addresses. These addresses are associated with several “Chinese kingpins” allegedly involved in “fueling America’s deadly opioid crisis.” OFAC Adds BTC Addresses to the Specially Designated Nationals list...Read More
Over the last 5 day of trading, the market of IOTA/USD pair has exhibited a strong bullish outlook on a 4hr time frame. The bulls seemed to have been dominating the momentum as the volatility is getting higher. The upside move shifted the price action from a critical support level of $0.23423 to $0.25647. Additionally, a struggle to...Read More
Canon caved in. Up until a year ago, every Canon-oriented post was accompanied by a slew of comments demanding a good mirrorless from Canon. And finally, Canon caved in. Not to the comments on this blog, I guess, but to the unavoidable progress, and the demand from the masses. Canon released the EOS-R line. So...Read More
Bitcoin has undoubtedly had a stellar 2019 so far. Year to date, the cryptocurrency has gained some 200%, rallying from around $3,500 to $10,000.Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTCWhile this market’s whales have undoubtedly benefited from this performance, data suggests that a good majority of BTC users are...Read More
United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15: “I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight...Read More
Cardano (CURRENCY:ADA) traded up 5.7% against the U.S. dollar during the one day period ending at 9:00 AM ET on August 25th. Cardano has a total market cap of $1.34 billion and $113.16 million worth of Cardano was traded on exchanges in the last day. One Cardano coin can now be purchased for approximately $0.0515...Read More
LiteCoin Ultra (CURRENCY:LTCU) traded 22.5% higher against the U.S. dollar during the one day period ending at 9:00 AM Eastern on August 25th. During the last week, LiteCoin Ultra has traded 22.4% higher against the U.S. dollar. LiteCoin Ultra has a total market cap of $6,666.00 and approximately $2.00 worth of LiteCoin Ultra was traded...Read More
IOTA (CURRENCY:MIOTA) traded 6.4% higher against the US dollar during the one day period ending at 9:00 AM E.T. on August 25th. IOTA has a market cap of $758.17 million and approximately $7.38 million worth of IOTA was traded on exchanges in the last 24 hours. During the last week, IOTA has traded up 10.3%...Read More
By CCN Markets: Crypto fraudsters beware. Texas’ top securities chief is watching you like a hawk, and he’s not a fan of your scammy ICO. He’s Joe Rotunda, Director of the Enforcement Division for the Texas State Securities Board. He’s held the position for the last 12 years. Joe Rotunda, Director of the Enforcement Division...Read More
By CCN Markets: The bitcoin price has declined by more than 8 percent in the past week from $10.950 to $10,030 across major exchanges like Bitstamp and Coinbase. The bitcoin price remains stable throughout the weekend. | Source: Coinmarketcap The bitcoin price tried to test the $10,900 to $11,000 range that has acted as a...Read More
The scalability trilemma continues to dog blockchain economies, according to the latest Binance Research. Ethereum, while clinging to the crown as the dominant token economy, is facing stiff competition from a range of scrappy competitors. And you’ll never guess which blockchain Binance researchers consider to be a top contender. The report, titled “The World of...Read More
Ripple has remained pretty stagnant this past week after ‘suffering’ from a small 4% price decline, to bring the price of XRP down to $0.2694, at the time of writing. The cryptocurrency has struggled over the past 30 days after dropping by a total of 15% with a further 37% price plunge over the previous...Read More
The G7 summit is being held this weekend, with several weighty issues to be discussed by some of the most powerful leaders on the planet. Rumour has it that Bitcoin may also feature on the bill. Bitcoin Price: Short-Term, It’s Anyone’s Guess It’s been another one of those weeks for bitcoin price, with not much serious movement...Read More
In journalism, it’s a continual roll of stories, and after a while, they recede. But sometimes, years later, they return with unexpected consequence. This month, Jeff Crosby, a Bellevue financial analyst, got a call from the King County Medical Examiner’s Office. An investigator asked if he knew somebody named William Kaphaem. “I thought it was...Read More
Binance’s token launch platform, the Binance Launchpad, announced earlier today the lottery results of its most recent token sale – Perlin. Even though 86 million PERL tokens were distributed to the lucky draw winners, there was a slight wave of disappointment among the participants, as the vast majority of them didn’t win a single ticket....Read More
The work environment has changed a lot over the past couple of decades. Each setup over the past 70 years had its own pros and cons. In the 50’s offices had the Bullpen, which featured a large open area which ensured productivity because everyone was visible, the 70’s had the cubicle which boosted privacy, making...Read More
Ethereum’s valuation thrived during the early May bull run and the coin’s valuation breached the $200 dollar mark. ETH consolidated comfortably in the higher range of $230-$280 before breaching the $300 dollar mark on 21st June. The valuation took a beating after bullish momentum receded and the coin was restricted under $230 after a massive...Read More
By CCN Markets: One of the reasons governments have been against the adoption of bitcoin is because of its potential to be misused for illegal activities such as money laundering, and the latest report from Los Angeles, California, will give the detractors more fodder. A Los Angeles man has agreed to plead guilty to running...Read More
Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports. Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has...Read More
Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published a price prediction model of $10,000,000 per coin based on it becoming the world’s dominant payments system. Ten Million Dollars Per Bitcoin The assumption was based on the premise that bitcoin would eventually become the world’s dominant currency. He...Read More
