Bitcoin is able to achieve Store of Value over long periods of time, says Andreas AntonopoulosAndreas Antonopoulos, the author of Mastering Bitcoin and a Bitcoin proponent, spoke about the different stages for the maturity of Bitcoin, in his latest Q&A session on Youtube. He also elucidated on the three fundamental functions of money and its relation with the largest cryptocurrency. Antonopoulos was asked about his view of cryptocurrency in the […]
Bitcoin [BTC]’s mining death spiral explained by BlockTower’s CIO, Ari PaulAri Paul, the managing partner, and Chief Investment Officer the BlockTower capital spoke recently on TD Ameritrade’s Morning Trade Live on Monday and discussed Bitcoin’s declining hash rate over the past few months. He also addressed the ‘mining death spiral’ that Bitcoin is facing. Touching the shutdown of Bitmain’s Israel’s mining branch, Ari Paul said that it was […]
Bitcoin [BTC] price hike was like a ‘drug’ frenzy, but prices won’t go to zero, says Mike NovogratzMichael Novogratz, a former partner at Goldman Sachs and popularly called the “pretty face of crypto[currency]”, said that he is now the ugly face of the bust. Speaking to Bloomberg, he pointed at SEC sanctions on certain ICOs and the uncertainty surrounding Bitcoin Cash’s hardfork as the reasons behind Bitcoin’s drastic fall from $6,200 to […]
Winklevoss Twins launch new app; say they are “at home” with the crypto-winterEven though the cryptocurrency market has been brutal and tough, the well-known Winklevoss twins think otherwise with their new application which allows users to buy Bitcoin [BTC] and other virtual currencies. Earlier today, Cameron Winklevoss published a blog in which he talks about the new app which is up and running on Google Play and […]
Ethereum’s [ETH] Vitalik Buterin talks about non-financial applications of blockchain in a tweetstormVitalik Buterin, the co-founder of the third largest cryptocurrency, Ethereum, went on a tweetstorm about non-financial applications for Blockchains. Ever since Bitcoin’s success as the first cryptocurrency, less and fewer people focus on the financial blockchain applications, so the non-giver of Ether, himself decided to list the use cases of the blockchain. Vitalik realized the […]
Bitcoin [BTC] Technical Analysis: Bears overpower bull’s struggle to rise from pitBitcoin [BTC] has suffered a massive loss as it has fallen by more than 80% since its all-time loss. The hash rate of Bitcoin also collapsed by an approximate 20% when the price crashed to ~$3,200 a week ago. The market cap of Bitcoin at the time of writing was $60.60 billion, with 24-hour trading […]
Bitcoin ETF would have had a 10% chance of approval if SEC had to make the decision today, says LawyerThe United States and Exchange Commission [SEC] has always played a key role in the cryptocurrency space. The regulatory body is well-known in the space for taking action against fraudulent ICOs and dubious advisors. Moreover, the commission has made a clear point that everyone involved in the space are required to abide by the rules […]
Bitcoin [BTC]’s underlying technology discussed by the founding father of blockchainCypherpunk Scott Stornetta spoke about the citations that Satoshi Nakamoto “generously” made in his Bitcoin’s whitepaper, in an interview with Naomi Brockwell. He also clarified that he admired Satoshi Nakamoto’s effort which set off ripples into the financial system and the payments industry as a whole but also critiqued on the whitepaper. Stornetta explained how […]
Redditors ‘unearth’ Bitcoin’s Satoshi Nakamoto, he says I don’t want the attentionOpinion: The bear market of 2018 gets more aggressive and painful as the year comes to a bitter end. Bitcoin has suffered quite an excruciating fall ever since it reached an all-time high back in December 2017. The market cap of Bitcoin has slumped from a massive $336 billion to $60 billion, which is a massive […]
Bitcoin SV [BSV] down by 6% as token bleeds red; Monero [XMR] sees 20% dip over the weekThe past week has been full of surprises for the cryptocurrency market. From coins constantly shuffling ranks, the market has mostly bled red. Bitcoin SV [BSV] and Monero [XMR] have suffered the most among the top coins. BSV drove the bull race the past week, while XMR remained an observer on the twelfth position. At […]