Many analysts, including former Bitcoin (BTC) short seller Mark Dow, look at the price of cryptocurrencies to determine the health of their underlying fundamentals. However, a prominent cryptocurrency proponent has claimed that in spite of the market, 2018 was Bitcoin’s “most successful year” yet, specifically in terms of network performance. Bitcoin Segwit Usage Holds 40%… Continue reading Prominent Investor: 2018 Was The “Most Successful Year” For Bitcoin
Category: Industry
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Coinbase CEO To Donate Crypto Wealth, Joins Buffet-backed Philanthropic Effort
Pundits argue that crypto and charity don’t mix. Yet, with a number of efforts from this nascent industry’s foremost participants, it has been made apparent that Bitcoiners (and altcoiners) are far from anti-alms. Case in point, Brian Armstrong, CEO of Coinbase, recently committed to donating a majority of his crypto wealth in due time. Brian… Continue reading Coinbase CEO To Donate Crypto Wealth, Joins Buffet-backed Philanthropic Effort
Bitcoin Lightning Network Booms Amid “Crypto Winter”
Since Bitcoin’s earliest blocks, the network’s lead developers have been hard at work attempting to scale the world’s first blockchain. And while 2018’s “crypto winter” has deterred a multitude of startups, developers, and key industry participants, the Bitcoin Lightning Network, the first viable second-layer scaling solution, has continued to see monumental growth. Bitcoin Lightning Network… Continue reading Bitcoin Lightning Network Booms Amid “Crypto Winter”
Lack of Widespread Crypto Knowledge Could be Stunting the Market’s Growth
2018 has been a rough year for the crypto markets, with Bitcoin, the market’s largest digital asset by market cap, falling from highs of nearly $20,000 one year ago to recently established lows of just over $3,000. The tumultuous market conditions throughout 2018 have disheartened many investors and has led the industry as a whole to… Continue reading Lack of Widespread Crypto Knowledge Could be Stunting the Market’s Growth
Analysts Applaud Square’s Bitcoin Strategy as Brilliant Despite Low Profitability
It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors and the cryptocurrency community alike, with Square’s stock surging 16%… Continue reading Analysts Applaud Square’s Bitcoin Strategy as Brilliant Despite Low Profitability
Crypto Exchange Coincheck to Receive Full Licensing from Japanese Authorities
Coincheck, the crypto exchange that lost over $500 million in investors funds in early-2018, is now close to receiving full licensing from Japan’s Financial Services Agency (FSA), signaling that the exchange tightened their platform’s security and cleaned up the management practices that led to the hack. The news regarding the regulatory authority’s decision to issue… Continue reading Crypto Exchange Coincheck to Receive Full Licensing from Japanese Authorities
BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner
It’s no secret that 2018 has been a tough year for the crypto markets, with Bitcoin dropping from highs of nearly $20,000 in late-2017 to recently established lows of $3,200. The market’s poor performance has led investors, analysts, and traders alike to ponder what impetus will be able to drive the markets back to their… Continue reading BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner
ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”
Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat. ICO-funded Projects Sell 416,000 Ethereum… Continue reading ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”
The Crypto Markets May be in a Rout, But the Blockchain Job Market is in Full Swing
Although the crypto markets are caught in a persisting bear market, blockchain jobs are in a raging bull market, with blockchain developer job growth topping this year’s LinkedIn Emerging Jobs Report. The report, which was released by LinkedIn on December 13th, analyzes the fastest growing jobs in the US, and notes that the blockchain industry… Continue reading The Crypto Markets May be in a Rout, But the Blockchain Job Market is in Full Swing
Crypto Friendly Revolut Granted European Banking License
Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services. Revolut features an in-app exchange that allows users to gain exposure to five cryptocurrencies, including Bitcoin, Bitcoin Cash,… Continue reading Crypto Friendly Revolut Granted European Banking License