Archive for November 23rd, 2019

A Few Benefits for Bitcoin Beginners to Appreciate

November 23, 2019 | By | Reply | 77 Readers More
A Few Benefits for Bitcoin Beginners to Appreciate

If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to. In an abstract sense, cryptocurrencies represent financial evolution which manifests itself in unique […]

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Bitcoin’s Macro Outlook is Insanely Bullish, But BTC May First Visit Sub-$5,000

November 23, 2019 | By | Reply | 65 Readers More
Bitcoin’s Macro Outlook is Insanely Bullish, But BTC May First Visit Sub-$5,000

Bitcoin has been facing intense volatility over the past month, which first began when it incurred an explosive rally that sent it from $7,300 to highs of $10,600. In the time since this occurred, BTC’s bears have been firmly in control, erasing nearly all of the gains that were produced in this rally. In the […]

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Grayscale Puts Trust to the Test by Pursuing SEC Registration

November 23, 2019 | By | Reply | 66 Readers More
Grayscale Puts Trust to the Test by Pursuing SEC Registration

On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world’s largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its Grayscale Bitcoin Trust. If successful, the move would result in the trust acquiring the status of an […]

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Localethereum Becomes Localcryptos and Adds BTC Trading

November 23, 2019 | By | Reply | 70 Readers More
Localethereum Becomes Localcryptos and Adds BTC Trading

P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home, localcryptos.com and rolled out its P2P trading service […]

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Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil

November 23, 2019 | By | Reply | 68 Readers More
Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil

Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also Read: Market Update: Cryptos Shed Billions in […]

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Bitcoin Continues to Suffer; Falls to $7,100

November 23, 2019 | By | Reply | 118 Readers More
Bitcoin Continues to Suffer; Falls to $7,100

As we continue our coverage of bitcoin and the crash of the cryptocurrency market, it appears the world’s primary cryptocurrency has fallen by another $300 and is now trading for just over $7,100. This is the lowest it’s been in months, and it’s unclear when – or if – the currency plans to recover. Bitcoin […]

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Cardano resolves 34 issues in Explorer; Testnet sees ‘problem’ resurface from V.1

November 23, 2019 | By | Reply | 68 Readers More
Cardano resolves 34 issues in Explorer; Testnet sees ‘problem’ resurface from V.1

Cardano’s transition towards the Shelley Phase is aimed at fully decentralizing the network by implementing staking pools. The ecosystem has been on a full-swing development mode and its careful and calculated approach has been lauded by the community despite the upgrades facing minor errors with its upgrades. The team has been vocal about the developments […]

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A reclaim of $7,300 Will Trigger Bulls

November 23, 2019 | By | Reply | 71 Readers More
A reclaim of $7,300 Will Trigger Bulls

It was a crypto bloodbath. Double digit losses posted on a week-to-date basis coupled by gloomy predictions, Bitcoin (BTC) is suppressed. The path of least resistance in the short-term could be southwards but if bulls manage to clear the $7,300-$7,500 resistance zone, previous support, bulls may flow back. This is the opinion of one influential […]

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Approaching 2020: Why The World Needs Bitcoin More Than Ever (Op-Ed)

November 23, 2019 | By | Reply | 72 Readers More
Approaching 2020: Why The World Needs Bitcoin More Than Ever (Op-Ed)

We live in a paradoxical world in that it is both expanding and shrinking at the same time. The rise of high-speed internet allows us to instantly communicate across the globe, stream movies and TV shows, shop from the comfort of our couch, dig through the archives of famous museums and libraries, and watch events […]

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Grin’s Mimblewimble Privacy Model Under Threat After Alleged Break-In

November 23, 2019 | By | Reply | 72 Readers More
Grin’s Mimblewimble Privacy Model Under Threat After Alleged Break-In

On Nov. 18, crypto researcher Ivan Bogatyy published an article on Medium claiming that he had found an extremely easy way of bypassing Grin’s Mimblewimble privacy protocol. As part of his efforts, Bogatyy stated that he was able to trace over 96% of all Grin-related transactions in real time, including the addresses of the senders […]

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