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Bitcoin Cash ‘Reorg’ Stirs Crypto-Community, Good Intent Vs Decentralization

May 25th, 2019

Two Mining pools, BTC.com and BTC.top, have allegedly carried out a re-organization of the Bitcoin Cash [BCH] chain to reverse two malicious transactions. It was made possible by carrying out a ‘51% attack’ attack on the blockchain. The move has sparked a controversy in the cryptocurrency community because of concerns over Bitcoin Cash’s [BCH] decentralization…

Bitwise Presents Bitcoin Market ‘Myth-Buster’ Statistical Report to the SEC

May 25th, 2019

Bitwise Asset Management is one of the ETF applicants in the US, that has worked primarily on due diligence this year. In March, it released a report highlighting a grim truth about the cryptocurrency markets: the ‘fake reported volume on Exchanges.’ However, it bore a silver lining to it, as it was revealed that past…

Binance Exchange soon To Roll Margin Trading Service For the First Time

May 25th, 2019

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted…

Facebook Cryptocurrency, ‘GlobalCoin’ Set to Launch in Q1 of 2020: Report

May 24th, 2019

Facebook has been actively working on its new venture, which it says, will ‘compete with banks.’ The secretive cryptocurrency endeavor was earlier taking shape through hiring drive for the team. Recently, it was formally inducted as a subsidiary in Switzerland under ‘Project Libra‘ on 17th May 2019. Reportedly, Facebook is planning to launch its cryptocurrency…

Bitcoin Nearing $8000 Citing Mass Bitcoin Adoption By US Largest Telecom Giant

May 24th, 2019

The largest cryptocurrency, Bitcoin is very close to reaching $8000 on early Friday, May 24, 2019. Alongside bitcoin, other altcoins as well performing with a green momentum. However, this comes after the announcement of mass bitcoin adoption by US Telecoms Carrier, AT&T which created a huge buzz on the market on May 22, 2019. AT&T…

Bitcoin is a Highly speculative Asset, not a Currency – Economics Professor

May 23rd, 2019

An economics professor and Nobel Laureate from John Hopkins University, Steve Hanke has struck back at Bitcoin again, saying it is “a highly speculative asset, not a currency”. He was responding to an article published by CoinDesk that says Bitcoin has recorded double-digit growth for the third week in a row. Bitcoin recorded the same…

Bitcoin Price Analysis: BTC Drops to $7600; Pullback to $6500 or $10000?

May 23rd, 2019

Bitcoin [BTC] pulled back by 3.88% at the end of day on 22nd May 2019. The price plummeted from $7932 to test low at around $7500. The price of Bitcoin [BTC] at 4: 45 Hours UTC on 22nd May 2019 is $7665. The total market capitalization of Bitcoin lost about $5 billion. BTC/USD 4-hour Chart on…

Criag Wright Officially ‘Not Recognized’ as Satoshi; Sues Challenger on Twitter

May 23rd, 2019

The US Copyright Office caught wind of the recent events related to the Bitcoins Whitepaper Registration. Some media sources went as far as calling him ‘Satoshi Nakamoto’ with confirmation based on the fact the Copyright was granted to him. Furthermore, the price of Bitcoin SV [BSV] went up by more than 100%; it rose from…

Bitcoin SV [BSV] Holds 80% Gains; MIT License To Challenge Craig’s Copyright?

May 22nd, 2019

Bitcoin SV surged vertically almost over 110% as the news of Craig Wright registering the Copyright for Bitcoin’s Whitepaper came to light. Craig Wright claimed that he is filling the copyright for the Bitcoin Association, which supports and develops the Bitcoin Satoshi Vision [BSV] blockchain. The price of BSV at 4: 30 hours UTC on…

‘Buy Bitcoin Here’, Brian Kelly Points at the Supply-Demand Economics

May 22nd, 2019

Bitcoin has continued to hold support near $7900-$8000, the altcoins have also held their gains from the month. The total market capitalization of the Bitcoin is above $140 billion. The price of Bitcoin [BTC] at 3: 40 hours UTC on 22nd May 2019 is $7942. BTC/USD 1-Day Chart on Coinbase (TradingView) In a recent CNBC…