Coins

Another Exit Scam? This Cryptocurrency Drops by 50% as Firm Ends Blockchain Project

August 19th, 2019

Horizon state, a blockchain voting platform ceased its operation citing insolvency issues. It’s native cryptocurrency – Decision Token (HST) plunged by 50% as the announcement was made. While not many crypto exchanges have listed the token, Bittrex and Upbit, are ones that did. The announcement was made earlier today. Reportedly, the token dropped around two…

Terrorist Group Turns To Bitcoin For Funding

August 19th, 2019

The Western Government has recently deemed Hamas, the militant Palestinian group as a terrorist organization. While the group has now technically been ousted from tapping any resources in the traditional financial system, its military wing is developing a campaign to raise funds using Bitcoin. Hamas, which has control over the Palestinian coastal territory of Gaza, owes…

Japanese Investors Can Now Do Spot Trading on e-Comm Giant Rakuten’s Crypto Exchange

August 19th, 2019

Japanese e-commerce giant, Rakuten has launched its crypto exchange services to the public. The company made this known via an official announcement on Monday in which it was revealed that it is now offering a spot trading service on a dedicated Android app. Supported Assets The app will allow customers to make transactions including depositing…

Bitcoin Experts Mock Another Claim on Satoshi’s Identity – Why Does it Still Matter?

August 19th, 2019

The cryptocurrency markets have seen various imposters claiming to be ‘Satoshi Nakamoto’ – the creator of Bitcoin. The most famous and persistent claims for those who have been made by Craig Wright. He and Calvin Ayre have allegedly staged various attempts, e.g., the Copyright fiasco, in the past to assert the claims. Moreover, Wright is also…

Why Bitcoin’s Energy Consumption Is Actually Good For Long-term Global Economic Stability?

August 18th, 2019

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better…

Cryptocurrency Price Review for the Week August 12 to August 18

August 18th, 2019

Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) This week was a bit sluggish for bitcoin as the market sentiment overall was damp. The prices hit a high point of USD 11,528.19 and the…

Crypto Analyst: Bitcoin Should Hit $28,000 Within a Year

August 17th, 2019

Top Stocks and Crypto Analyst, Ronnie Moas, believes that bitcoin is headed for a massive bullish season which could send the price of the cryptocurrency to $28000 at least within the next 6 to 12 months. He has also pointed to the fact that Bitcoin enjoys a higher market valuation than half of the companies…

Binance CEO Denies “November” Rumor on Binance U.S. Launch

August 17th, 2019

Binance CEO, Changpeng Zhao was recently quoted by crypto-media sites on the tentative launch of its US branch. CZ told Cheddar that, while the situation is still “in a flux”, the platform can be expected to go live “in a month or two.” Numerous media outlets chose to draw a timeline and took the safe…

Tech Journalist Reveals How He Lost £25,000 in Cryptocurrency

August 17th, 2019

How does it feel when you lost your hard-earned money with your own mistake? Isn’t it painful! Monty Munford, a tech journalist shared his story of how he lost £25,000 after storing the private key of his crypto wallet on his Gmail draft. Why Should You Not Store Your Private Key Online? Though Munford made…

Tezos (XTZ) Gains 7% Amid Listing On These Two Crypto Exchanges

August 16th, 2019

A Hong Kong-based cryptocurrency trading and payment platform has officially announced that it has added Tezos (XTZ) to its app and that it is also exploring the possibilities of implementing XTZ staking reward system for its users. This arrangement will enable users to buy Tezos at zero costs via bank transfers and credit cards. Tezos…