At Bitcoin Magazine, Views Expressed Can Be Your Own

Bitcoin Magazine is proud to be the longest running source for Bitcoin information; but we couldn’t do it without contributions from the Bitcoin community itself.  This past year alone, more than 30 knowledgeable and passionate Bitcoin enthusiasts of different backgrounds and areas of expertise have published opinion pieces with Bitcoin Magazine. Our readers have benefited from their insightful articles on a wide variety of topics.  Below is a list of op eds from 2019 — check out the ones you Read more …

Cryptocurrency Predictions for 2020: What Should We Expect?

Advertisment 2019 was a year full of surprises and expectations for blockchain and crypto projects. New partnerships have been established, new cryptocurrency products launched, and Bitcoin and Ethereum managed to make it out alive of the bear market, as well as many blockchain developments were made. Today, we shall explore some of the cryptocurrency predictions for 2020 and look into the events and price evolutions we should expect this year. Bitcoin (BTC) Price Prediction 2020 Bitcoin will experience a big Read more …

In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy

The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model.  But as the 2020s begin, the dollar looks as strong as ever in global capital markets. As of Dec. 30, an index of the U.S. dollar’s value is up 24 percent over the past Read more …

Inside the Osaka Conference Where Crypto Got Serious About FATF’s ‘Travel Rule’

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Leah Callon-Butler is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There he was, belting out Fats Waller jazz vibes like it was nobody’s business: Roger Wilkins, the former president of the Financial Action Task Force (FATF).  We’d just completed a practice run Read more …

Bitcoin Price Yearly Candle Shows Failed Rally, Longest Wick on Record

Today’s mid-week daily close in Bitcoin price charts carries significantly more weight than usual, as New Year’s Eve marks the last day of the calendar year, and the crypto asset’s yearly candle close. If the leading crypto asset by market cap closes today at current prices around $7,250, the yearly candle will close with the largest wick on record, clearly showing the failed parabolic rally that occurred around mid-year 2019. Bitcoin Price Chart: Yearly Candle Closes Tonight Bitcoin price charts Read more …

Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto China’s Blockchain ETF and Crypto Warnings The China Securities Regulatory Commission revealed Read more …

Bitcoin 2020 — Blockchain’s New Year Resolutions

Most of us believe in the “New Year — New Me” rhetoric: I’m going to lose weight, quit smoking, eat healthy, stop being lazy, spend more time with family and whatnot. Yet, losing weight usually only turns into losing motivation instead. But then, it doesn’t really make sense to laugh at our absurdities, as we humans have plenty of them. Not when it comes to New Year’s resolutions, at least. I mean, we can mostly agree that it’s just a Read more …

BitMEX Insurance Fund Seems To Be Working As Intended: CryptoQuant

Following the BitMEX Insurance Fund’s continued growth throughout the year, data provider, CryptoQuant, took a deeper look at the derivatives specialist’s on-chain data. Insurance Fund Now Holds 0.18% Of All Bitcoin Over the past 12 months the BitMEX Insurance Fund grew to almost 33.5k BTC, representing a 62% increase from the 20.77k BTC it held at the start of the year. This means that 0.18% of all bitcoin so far mined is now in the fund, up from 0.15% in Read more …

XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?

Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year.  Moreover, most altcoin/BTC pairs have been hitting new lows, and many of the coins are still trending downwards, looking for potential support. Crypto market daily performance. Source: Coin360 One of these coins is XRP (XRP), which has seen a decrease of 50% over the year, going from $0.39 to $0.195. Will 2020 be a Read more …

Ethereum Network Overcame Intentional Attack Affecting Parity Nodes

The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed there was an attack underway and subsequently released network upgrades to protect against it.  According to cryptocurrency security consultant Sergio Demian Lerner, the attack was implemented in a simple way, wherein “you send to a Parity node a block with Read more …

Bitcoin in 2019: Positive BTC Performance Across the Board

With 2019 ending in a number of hours, here is a look at the positive performance for Bitcoin (BTC) across several network and market parameters. Bitcoin Price up 95% YTD At press time, the Bitcoin price is up by about 95% year-to-date (YTD). After a difficult 2018 that saw the top-ranked crypto drop 72%, BTC began the year slowly before entering a massive bull phase in Q2 2019. This bullish run saw Bitcoin surpass $13,000 in late June 2019 for Read more …

Over Eight Billion OmniCoins Were Intentionally Destroyed to Benefit Users

Advertisment PANAMA CITY, Panama, — OmniBazaar, Inc. and OmniCoin Foundation Company jointly announced today that 84% of all issued OmniCoins were intentionally destroyed (“burned”) on 25 December as a surprise holiday gift to OmniCoin holders and users. OmniCoins are the native cryptocurrency of the OmniBazaar peer-to-peer e-commerce marketplace. The destroyed tokens were issued at the creation of the OmniCoin blockchain in October 2018. They were issued to OmniCoin Foundation Company to be sold in token sale events (such as an ICO Read more …