Sentiment among top Bitcoin traders remains mixed after BTC surged 5% to reach the $7,200 resistance level. The sentiment of top traders on the short-term trend of the Bitcoin price remains mixed after BTC surged by more than five percent within less than six hours from $6,840 to $7,200. Some prominent traders believe that the […]
Continue ReadingThe global coronavirus pandemic has revealed the necessity of decentralization to avoid the world becoming a true dystopian nightmare. As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy […]
Continue ReadingMost of the top five cryptocurrencies are attempting to form long-term bottoms, which are unlikely to be revisited after the next uptrend starts. Bitcoin and the crypto universe are going through one of the toughest periods as the world battles the coronavirus pandemic. The central banks and governments are trying to support the economy by […]
Continue ReadingDoes the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the […]
Continue ReadingCheck out this week’s Bad Crypto News. Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half […]
Continue ReadingA Chicago businessman has been sued over allegedly misappropriating more than $2 million in funds ostensibly for cryptocurrency trading. A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading. Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James […]
Continue ReadingIn an interview this week, the Morgan Creek Digital CEO revealed reservations about Ripple’s giant XRP hoard and said the majority of altcoins will go to zero. One of cryptocurrency’s biggest hedge funds says it will keep avoiding XRP and Stellar (XLM) because their supply is too centralized. In an interview with YouTube series Thinking […]
Continue ReadingMost major cryptocurrencies have turned down from their 50-day moving averages, suggesting that bears are attempting to resume the downtrend. The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent […]
Continue ReadingExperts say the correlation between Bitcoin’s value and its network hash rate is primarily long term, and price surges are not always apparent. Following an enormous drop in Bitcoin’s (BTC) network hash rate back on March 26, the premier currency’s hash rate increased between April 4 and April 6 by at least a whopping 33%, […]
Continue ReadingWhy testing smart contracts is crucial, what problems it can and cannot solve, and how to do it. Smart contracts are immutable programs: Once a contract is deployed, it cannot be altered. This allows users to be sure that the rules by which their funds are operated will not be changed. However, the same feature […]
Continue Reading