Month: January 2020

Since the end of World War II, the United States has been an undisputed global leader in innovation. From putting a man on the moon to the “Traitorous Eight” of Fairchild and the birth of today’s Silicon Valley, the U.S. has been at the forefront of embracing emerging technology. This position has given the country a strategic advantage in dictating how technology is adopted and setting the basic standards for its use. However, as we enter the new decade, the Read more …

Advertisment Quidax is an African focused exchange that enables customers to buy or sell cryptocurrency with their local currency. It was established in 2018 with operations in Lagos, Nigeria. Quidax is a cryptocurrency exchange that supports Bitcoin, Ethereum, Ripple’s XRP, Litecoin and Tether (USDT) in Nigeria. The platform enables you to buy/sell Bitcoin and other cryptocurrencies instantly using its instant buy/sell feature or via its order book exchange. Cryptocurrencies supported by Quidax: FIAT currencies supported by Quidax: Supported African countries: Read more …

Advertisment Popular South Korean crypto wallet, Bitberry, is closing down soon. The CEO of Bitberry’s parent company cited “market deterioration and uncertainty in the blockchain industry” as the reason for discontinuing the app. Bitberry falls victim to the bear market bluesSouth Korean cryptocurrency wallet app, BitBerry, is closing down for good on the 29th of February, 2020 at 3:00pm. According to a local outlet, all support for the app will be terminated.Bitberry gained significant traction among the crypto community because Read more …

Those of you seeking yet another angle on consuming the latest and greatest crypto news should know about The Bad Crypto Podcast. This week’s episode starts with the good news that Bitcoin is on the rise, touches on Justin Sun’s harassment suit, and even takes a moment to acknowledge Peter Schiff’s remarkable public Bitcoin mistakes. There’s even a full serving of commentary on the fact that PornHub has added new payment support for the Tether stablecoin. No stone is left Read more …

Litecoin has seen some incredibly bullish price action over the past week, with the cryptocurrency rallying from seven-day lows of $53 to highs of $70. Although LTC faced some resistance at this level, its market structure is clearly growing increasingly bullish. After setting these fresh 2020 highs of $70 yesterday, the cryptocurrency has only retraced slightly, which comes as the aggregated crypto markets are facing a steep ongoing selloff. In the near-term, it does appear that Litecoin is on the Read more …

Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world. The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death of Bitcoin or predicted its impending demise. For the past three years, Cointelegraph has reviewed the top annual Bitcoin obituaries courtesy of 99Bitcoins’ list of news articles that have unwittingly foretold the end of the cryptocurrency. In 2017, Bitcoin Read more …

Timothy Peterson, CFA at Cane Island Alternative Advisors, tweeted about Coinmetrics’ recent findings on Bitcoin SV (BSV) transactions, which show extremely high levels of wash trading. Bitcoin Satoshi’s Vision, or Bitcoin Scam Version? Bitcoin SV, the cryptocurrency led by self-proclaimed Satoshi, Craig Wright, seems to have heavily manipulated transaction data, according to a report by Coinmetrics. Bitcoin SV has been controversial since its inception, not only because it was created as a contentious fork which caused a messy split of Read more …

People in the United States now have another zero-fee option to buy Bitcoin (BTC) with the U.S. dollar. On Jan. 30, Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers. bitFlyer USA operates in 47 states in the U.S. and holds New York BitLicense The zero-fee feature is only available for the BTC/USD trading pair and has been implemented on bitFlyer’s pro trading tool, bitFlyer Lightning, the firm noted in a blog post. Read more …

Singapore-based crypto exchange Zebpay reportedly returns to the Indian market more than a year after an Indian Reserve Bank crackdown led to the exchange’s closure in the country.  After discontinuing Indian services in late 2018, Zebpay will open its exchange for the country once again, although the central bank ruling that caused its demise has not changed, IBS intelligence wrote on Jan. 29, Citing “reports.”  Shutdown in the face of regulation In September 2018, Zebpay halted exchange availability in India Read more …

Recent data from crypto data site Coin Metrics shows USDT tokens change locations every eight days on average.  “The trailing 12 month velocity of @Tether_to on Omni, Ethereum and Tron has rapidly and consistently increased since September and currently sits at ATHs, where on average each $USDT turns over 46 times per year,” Coin Metrics posted on its Twitter account on Jan. 31.  Moving on three blockchains Tether, one of the crypto industry’s oldest stablecoin operations, originally built its USD-pegged token on Read more …

Like many crypto assets, the price of Cardano (ADA) has increased over the opening month of 2020. Starting the year at around $0.033, the digital currrency now trades at more than $0.054. Although the same could be said about many of the thousands of other digital currencies, the gains do not appear to be based on actual usage. In fact, a look at the Cardano blockchain shows that very few people are using the cryptocurrency at all. Cardano Clearly a Read more …

Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company. The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31. The warning notice reads: “The CSSF informs the public that this entity has not been granted any authorisation to provide investment services or other financial services in or Read more …