Crypto World

Bitmain Sells Bitcoin, Buys Bitcoin Cash – Now Holding 5% of Circulation

Bitmain Sells Bitcoin, Buys Bitcoin Cash – Now Holding 5% of Circulation

Bitmain has sold much of its Bitcoin for Bitcoin Cash, according to a pre-IPO document: View image on Twitter Samson Mow ✔@Excellion According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they’ve bled half a billion in the last 3 months. If Bitcoin Core devs didn’t disclose …

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Will Cryptocurrencies Keep The Decline Trend?

Will Cryptocurrencies Keep The Decline Trend?

Will Cryptocurrencies Keep Falling? Cryptocurrency market expected to decline further; optimism at a toned-down level. (Pixabay) In the past month, the market capitalisation of the cryptocurrency market dived over 30 per cent, from about $300 billion to, as at Saturday, $208.4 billion. And this figure could sink into deeper waters. Market analysts have varying forecasts …

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Ripple’s XRP Coin Story, Most Recent News/Development And Future Price Predictions

Ripple’s XRP Coin Story, Most Recent News/Development And Future Price Predictions

Ripple’s Token Branding Decision (Story) – XRP The San Francisco blockchain tech giant  – Ripple Labs has started, this year, a process of differentiation from its blockchain token XRP. This comes due the confusion by the crypto-verse between the two as in many headlines, google searches, article and so on, enthusiasts speak of the two in the same …

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Leaked Transcript Uncovers Fallout Between IOTA Leaders

Leaked Transcript Uncovers Fallout Between IOTA Leaders

A leaked conversation has revealed a serious fallout among the founding members of IOTA, pushing the project’s most intimate workings into the public eye. Centered around the appointment of two IOTA founders to the board of directors, the controversial transcript opens with co-founder Sergey Ivancheglo, a.k.a. “Come-From-Beyond,” providing a “vote of no confidence” in co-founder Dominik …

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More than 5 Million Customers can now Pay utilities using XRP (Ripple)

More than 5 Million Customers can now Pay utilities using XRP (Ripple)

Ripple’s figure heads can’t be the only ones pitching and insisting that XRP is a utility. Aside the many payment providers spread across the world who see value in XRP, coins.ph, a popular crypto payment platform in the Philippines is yet another provider who finds XRP irresistible. With more than five million customers in the Philippines …

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Bitcoin Sees $350 Recovery, Amidst Altcoin Drop Off

Bitcoin Sees $350 Recovery, Amidst Altcoin Drop Off

As Ethereum World News reported on Friday, Bitcoin saw a rapid sell-off from $6,450 to the $6,100 price level, as a direct result of an influx of sell-side volume cascading through the whole cryptocurrency market. This move unfortunately set a new one-month low for the price of Bitcoin and a new year-to-date low for the collective valuation …

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Bitcoin’s Hash Rate Is Telling a Bullish Story

Bitcoin’s Hash Rate Is Telling a Bullish Story

Among the most bullish signs is bitcoin’s rapidly surging hash rate. In simple terms, a “hash” is a calculation made by a bitcoin miner in an attempt to secure a block reward, which currently sits at 12.5 bitcoin per block. (The reward automatically halves every 210,000 blocks. At the present mining rate, the next halving …

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Dash CEO Ryan Taylor on Why Cryptocurrency Doesn’t Need Wall Street to Grow

Dash CEO Ryan Taylor on Why Cryptocurrency Doesn’t Need Wall Street to Grow

Dash CEO and former Wall Street executive Ryan Taylor spoke out about the recent Wall Street activity seen in the cryptocurrency space recently, with ICE establishing a bitcoin market and financialization coming in from other avenues of the traditional finance world. Dash CEO Explains Why He Left Wall Street to Go All in on Crypto In an …

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Yale Researchers Study Factors Behind Cryptocurrency Price Shifts

Yale Researchers Study Factors Behind Cryptocurrency Price Shifts

The duo found that digital currencies don’t behave like stocks or other currencies when it comes to price movements. On August 6, Yale economist Yukun Liu and PhD candidate Aleh Tsyvinskipublished a working paper titled Risks and Returns of Cryptocurrency. In it, they argue that there are several factors that predict price trends of some of the most popular digital currencies. The …

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