Month: February 2020

Ethereum’s firm 2020 uptrend has been quite significant, as it has drastically altered the cryptocurrency’s market structure, making ETH look to be incredibly bullish at the moment. It is important to note that ETH is currently on the cusp of breaking above a key resistance level that could catalyze a significant upwards movement against its Bitcoin trading pair, which would in turn have an impact on its USD pricing. Furthermore, analysts are also explaining that Ethereum has been one of Read more …

A crypto ransomware attack shut down the Mountain View-Los Altos school district servers and phone system on Wednesday. The malicious software demanded Bitcoin as ransom to restore service. District Operations Have Been Frozen By shutting down file access on the district’s servers, the crypto ransomware has created tremendous problems for teachers and administrators. Many classroom activities such as exams and presentations have had to be halted. Additionally, fraudulent activity on district credit cards has taken place, which is believed to Read more …

Cardano will become the most decentralized cryptocurrency in the world, 50 to 100 times more decentralized than Bitcoin once all its upgrades are implemented. At least that’s the word according to Cardano co-founder and CEO of IOHK Charles Hoskinson, who caught up with Cointelegraph at CV Summit, a day-long crypto event running alongside the 50th edition of the World Economic Forum in Davos, Switzerland. Speaking with Cointelegraph’s Kristina Cornèr, Hoskinson said he believes the hard fork, consisting of an implementation Read more …

In a recent tweet, Ethereum network co-founder Vitalik Buterin said Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same.  “Bitcoin Cash is not Bitcoin,” Buterin said in a Feb 1 tweet responding to Brad Mills’ accusation of Buterin as Bitcoin Cash promoter.  Several tweets exist that might suggest Buterin is not 100% against BCH, although he clearly made the distinction that BCH is not BTC, even back in 2017.  Vitalik’s history with BCH Several months after a 2017 hard Read more …

Ripple’s Xpring will launch a community web page and forum referred to as “developer relations,” or DevRel, for its developer platform.  Most of Xpring’s employees work on the engineering and product side of the table, explained a Feb. 1 blog post on the Xpring website. “We think of DevRel as the ears and mouth of Xpring,” the post reads.  Xpring for devs Xpring originally functioned as Ripple’s investment branch. In October 2019, Ripple also launched an Xpring developer platform, giving Read more …

It’s no secret that XRP has a track record of seeing incredibly poor performance over the past several days and weeks, with the embattled crypto posting fairly consistent losses throughout 2019 while struggling to match the massive gains seen by many other major altcoins in 2020. It is important to note that this lackluster price action may soon be coming to an end, and there’s a surprising catalyst that could drive its next major parabolic rally. This covert factor – Read more …

The US congress had a hearing about non-cash payment technologies yesterday. During the discussion, Tom Emmer, the Chair of the National Republican Congressional Committee, mentioned Ripple (XRP) among several other cryptocurrencies. Ripple Fans Get Excited US representative Tom Emmer of Minnesota’s 6th District addressed a panel of payments industry leaders yesterday at the Congressional hearing “Is Cash Still King”. In a short exchange with Ms. Christine Tetrault, Senior Policy Counsel for Consumer Reports, Mr. Emmer mentioned Ripple and XRP along Read more …

On January 31, Btc.top founder Jiang Zhuoer addressed the Bitcoin Cash (BCH) community again after his initial proposal last Wednesday was met with mixed responses. Zhuoer changed a number of specifics within the proposed Infrastructure Funding Plan for Bitcoin Cash and hopes the community will agree with his opinions. Also read: Cashfusion Far More Practical Than Other Coinjoin Protocols, Says Data Analyst Btc.top Founder Jiang Zhuoer Discusses a New Bitcoin Cash Infrastructure Funding Plan Arrangement The CEO of the mining Read more …

Believe it or not, Bitcoin is only 53% below its all-time high near $20,000. Ethereum, on the other hand, hasn’t fared so well. The second-largest cryptocurrency, despite the recent rally in the cryptocurrency markets, is still down by over 80% from its all-time high above $1,400, which it reached during the mania of the previous bull market. In spite of this harrowing price trend, analysts are starting to become convinced that ETH is ready to surge higher. Ethereum Preparing To Read more …

Last December Brian Behlendorf is the Executive Director of Hyperledger said that 2019 was a year of “careful, prosaic BUIDLING.” Now, in an interview with CoinDesk’s Michael Casey at Davos, Behlendorf said he believes a lot of what the blockchain ecosystem was building is getting closer to becoming a net positive in the world. Citing “double-digit” blockchain usage in the diamond trade for tracing provenance, a variety of blockchain-based digital identity projects, and the rise of central bank-backed digital currency, Read more …

Bitcoin price (BTC) kicked off 2020 with an incredible 37% gain in the month of January. Aside from that, support was found at $8,200 earlier this week. This support test resulted in a continuation of the upward momentum, leading the price towards $9,500. Is the price of Bitcoin ready to face $10,000? Crypto market daily performance. Source: Coin360 Bitcoin shows strong monthly candle for January The monthly candle closed yesterday, which can only give a bullish conclusion. A potential new Read more …

The Seoul Southern District Court has acquitted senior executives at Upbit crypto exchange of fraud charges. Insufficient Evidence Against Upbit Chiefs Delivering judgment on the matter, Deputy Judge Oh Sang-yong dismissed the 30-count criminal fraud and market manipulation charges leveled against the Upbit directors for lack of evidence. According to South Korean media outlet Newsis, the court declared that the activities of the Upbit hierarchy were not sufficient to materially impact the spot price of bitcoin (BTC). The prosecutors earlier Read more …