Blockchain Storage Offers Security, but Leaves Data Transparent

In November 2019, security firm Risk Based Security called last year the “worst year on record” for breaches, with almost 8 billion records affected. Third-party control over personal data makes privacy something that is no longer a given. The advent of blockchain technology seems to have heralded a new era in data security. However, as the technology has become more common on the internet, questions have arisen concerning its ability to securely store data. The reason lies in complete transparency that Read more …

A Picture’s Worth a Thousand Words: 18 of the Coolest Visualizations for Exploring the Bitcoin Network

Analyzing and exploring the Bitcoin blockchain is always interesting, but for the more abstract thinker, several sites provide unique looks at the network, nodes, and transaction data in easy to grok, visual fashion. Some of these even border on the psychedelic or sci-fi otherworldly, taking viewers on a virtual trip through the blockchain. Also read: How to Check the Bitcoin Price, Hashrate, Data – The 21 Best Monitoring Sites 18 of the Coolest Bitcoin Visuals billfodl.com – An audiovisual site, Read more …

A Picture’s Worth a Thousand Words: 18 of the Coolest Visualizations for Exploring the Bitcoin Network

Advertisment Analyzing and exploring the Bitcoin blockchain is always interesting, but for the more abstract thinker, several sites provide unique looks at the network, nodes, and transaction data in easy to grok, visual fashion. Some of these even border on the psychedelic or sci-fi otherworldly, taking viewers on a virtual trip through the blockchain. Also read: How to Check the Bitcoin Price, Hashrate, Data – The 21 Best Monitoring Sites 18 of the Coolest Bitcoin Visuals billfodl.com – An audiovisual Read more …

Here’s Why Bitcoin Could Rally 100% to $18,000 by the 2020 Halving

Bitcoin hasn’t fared too well over the past week; after hitting $10,000 last weekend, the price of the leading cryptocurrency fell, tumbling from that key psychological resistance to a price as low as $8,450 (TradingView data) — a drop of 15%. While there are a number of analysts hinting that this retracement is a precursor to a deeper correction, a growing number of commentators claim that BTC is on the verge of rallying 100% (or more) towards the previous all-time Read more …

Crypto Community Gets Prepping as Coronavirus Spreads

Crypto Twitter (CT) might not be the first place you’d think to look for pandemic survival strategies, but in recent weeks the community has gone into overdrive, busily discussing scenarios related to COVID-19 aka the coronavirus. While some figures have merely wondered what effect the outbreak will have on the bitcoin market, others have started comparing prep notes in anticipation of doomsday. Also Read: Bitcoin and Doomsday Preppers – Would Crypto Have Any Survival Value If SHTF? Crypto Twitter: Corona Read more …

Blockchain a Home-Run in the Sports World — Use Cases Climbing in 2020

The new decade has kicked off with blockchain technology finally being utilized in real case scenarios in the world of sports. Many blockchain proponents are enthusiastic about the wide variety of potential use cases, but real-life working examples are often hard to come by. The potential of the technology to underpin a variety of systems within the sports sector has long been discussed, but just two months into the new year, there have already been several prominent use cases where Read more …

Bitcoin Faces Drop To $8K Following Bearish Reversal Signal

Bitcoin declined more than $1,500 in the past few days against the US Dollar. BTC is now facing a drop to $8,200 or $8,000 before a strong upward move in the coming days. After forming a short term top, bitcoin price dived below $9,000 and $8,800. The price is currently consolidating above $8,500, with a few bearish signals. There is a key declining channel forming with resistance near $8,660 on the 4-hours chart of the BTC/USD pair (data feed from Read more …

Can Ethereum Bulls Overcome This Hurdle To Start Fresh Rally?

Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242. ETH price is currently showing a few recovery signs from the $208 low against the US Dollar. The price is now trading above the $220 level, but it is facing many hurdles. There is a major bearish trend line forming with resistance near $225 on the Read more …

Top Airdrops You Should Look Out for in March 2020

Advertisment Airdrops are a convenient way of getting some new coins into your portfolio for free. In today’s list, we will be featuring some of the most interesting crypto airdrops you should look out for this March. Quantum  Estimated value: $42.5  End date: March 5th Quantum Generation (QG™) is a decentralized blockchain platform that provides encryption for long-term data protection via quantum key generation and quantum key distribution. Quantum Generation Ltd. QUBIT® (Quantum Mesh Network™) is the network’s utility token Read more …

This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club

Today there are 18,244,475 BTC in circulation and during the last few weeks, a number of bitcoin influencers have been talking about how much is needed to be included in Bitcoin’s top 1% of holders. For instance, according to Blockworks Group analyst Jake Levison, if you own 0.28 BTC “you’re statistically guaranteed to be in the richest 1% of the world in BTC terms.” Regardless of the amount of BTC required to qualify as a one-percenter, it’s a debate that Read more …

This Odd Factor Suggests Bitcoin’s Bull Case is Rapidly Building After 20% Drop

After Bitcoin started to tank earlier this week, analysts have been wondering at which point the cryptocurrency will bottom. While traders across the board are divided about the exact answer to this pressing question, there is a rapidly-building case that BTC will soon start to trend higher once again after the nearly 20% drop it has experienced this far. Litecoin Prints Signs of Bottom, Boding Well for Bitcoin Prominent cryptocurrency trader Big Cheds recently identified that Litecoin is seemingly “working Read more …

A Sea Change to Crypto Hits America, Again

A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert Wenzel of the Economic Policy Journal has a warning. “A [U.S.] Federal Reserve created digital coin could be one of the most dangerous steps ever Read more …