Author: Collin

 

Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more

Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more Don’t forget to follow us for our daily videos#bitcoin #BitcoinIsBack #Libra #libracoin #CryptoNews #Cryptocurrency #bitcoinnews pic.twitter.com/MJ9LtHDfe5 — AMBCrypto (@CryptoAmb) June 24, 2019 Crypto News – 24 June Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s […]

 

Bitcoin Cash would be a perfect global coin for daily spending, claims Chainblock’s Federico Pecoraro

Federico Pecoraro, CEO of Italy-based crypto-company, Chainblock, made waves in the cryptospace after he suggested that Italians were shifting to cryptocurrencies owing to the country’s growing economic problems. The 2008 financial crisis hit the Italian economy badly, largely due to the huge public debt accumulated after years of excessive public spending. According to Federico Pecoraro, […]

 

Bitcoin breaks away from Stock-to-Flow Model’s patterns soon after breaching $10,000 resistance

The world’s largest cryptocurrency recently breached another key resistance, with Bitcoin crossing the $10,000 mark for the first time in about 15 months. It has also recouped half of its valuation from its all-time high of $19,511 in December 2017. The crypto-community has been left in awe over the past few months as Bitcoin witnessed […]

 

30,000 ETH might have been dumped on Coinbase by a trader trying to get out of his ETH position

Cryptocurrencies prices are very volatile. Hence, prices tend to fluctuate to a high degree and cause massive liquidations or profits. Since the crypto-sector is nascent, it is also plagued by market manipulation. However recently, Ethereum and Binance Coin markets were affected with slippage due to the execution of a large order. On June 22 at […]

 

Iran: Cryptocurrency miners on the brink of supply shock; power cut warning sounded

Cryptocurrency mining could soon be phased out of another Asian giant, Iran. An official from Tavanir, the Iranian state-run company responsible for the supply and distribution of power within the country, has sounded a warning for crypto-miners. According to an Iranian news outlet, Iran Front Page [IFP], Tavanir’s Mostafa Rajabi Mashhadi, on June 23 said […]

 

SnapEX: a Contract Trading Platform for everyone-Featuring as app, A web Trader and Discounted Fees

Hong Kong-SnapEx, a new cryptocurrency contract trading platform has just launched a web trader and offering 50% off its transaction fees until further notice. Contract trading – a financial instrument that allows traders to profit from market movements without owning the trading asset – is relatively new in the crypto market. There are only a […]

 

Zcash’s revolutionary blockchain hits first fork in the road; Adamant Capital Founder questions move

Zcash, the privacy-centric cryptocurrency project, swiftly stole the Libra’s limelight and switched the debate from payments and fiat-backing to blockchain technology and scalability. Lofty ambitions of Zcash aside, the Electric Coin Company’s [ECC] new blockchain has not convinced everyone in the community just yet. Tuur Demeester, Founding Partner at Adamant Capital, shared his opinion on […]

 

LocalBitcoins see steady trading volume in Russian Ruble following cash-trades exodus

LocalBitcoins, the Finland-based peer to peer cryptocurrency exchange, announced earlier this month that trading in a country’s national fiat currency will be disallowed, leading many in the community to believe that countries not on the frontlines of the digital asset world would be hit the hardest. Three weeks on, some defiant trends have been noticed. […]

 

Monero is outstripping projects with much larger budgets, says Howard Chu

Monero [XMR] is undoubtedly the leading fungible cryptocurrency in the space, with a market capitalization of $1.971 billion. The privacy-centric coin that was launched in 2014 is moving towards a more ASIC-free ecosystem by changing its Proof-of-Work algorithm to RandomX. The shift from its current algorithm, CryptoNight, to RandomX was one of the topics of […]